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5001 Forrelle Way

Knoxville, TN 37918

3 bd 3 ba 2,367 sqft Built 1994 Lot 3,920 sqft condos
Most recent sale
$315,000
Sep 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 27, 2022 Sold $315,000 MLS #1204372
Aug 30, 2022 Listed $325,000 MLS #1204372
Dec 13, 2000 Sold $118,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $46,650 $989
2019 $46,650 $989
2018 $46,650 $989
2017 $46,650 $989
2016 $44,625 $1,035
2015 $44,625 $1,035
2014 $44,625 $1,035
2013 $44,625 $1,035
2012 $50,575 $1,194
2011 $50,575 $1,194
2010 $50,575 $1,194
2009 $50,575 $1,194
2008 $41,875 $1,126

Property facts

Year built
1994
Property type
condos
Stories
Beds
3
Baths
3
Living area
2,367 sqft
Lot size
3,920 sqft
ZIP code
37918
City
Knoxville
Street
Forrelle Way
Coordinates
36.05421, -83.89584

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,551
Gross rental yield
13.53%
Implied cap rate
8.79%
Trend-extrapolated value

Frequently asked questions

When did 5001 Forrelle Way last sell?
5001 Forrelle Way most recently sold on Sep 27, 2022 for $315,000.
What is the current tax assessment for 5001 Forrelle Way?
The most recent total assessment for 5001 Forrelle Way (year 2020) is $46,650 with $989 in property tax.
How does 5001 Forrelle Way's assessment compare to its last sale price?
The current assessment is 85.2% below the last sale price of $315,000.
When was 5001 Forrelle Way built?
5001 Forrelle Way was built in 1994.
How does 5001 Forrelle Way compare to others on Forrelle Way?
We track 2 other properties on Forrelle Way. Browse the list under "Other properties on Forrelle Way" to compare beds, baths, and sale history.
What are the property facts for 5001 Forrelle Way?
5001 Forrelle Way is a 3 bed, 3 bath, 2,367 sqft, 3,920 sqft lot condos.
Is 5001 Forrelle Way a flip candidate?
No — 5001 Forrelle Way does not appear in our flips dataset.
Is 5001 Forrelle Way a tax-appeal candidate?
No — 5001 Forrelle Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.2%
Implied 1-yr
+8.7%
2026 Q3
$401.8K
2026 Q4
$409.4K
ZIP 37918 — Median Price History + Forecast

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