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5508 Libby Way

Knoxville, TN 37924

2 bd 2 ba 1,146 sqft Built 1994 Lot 436 sqft single_family
Most recent sale
$206,000
Jul 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 11, 2022 Sold $206,000 MLS #1193821
Jun 6, 2022 Price changed $205,000 MLS #1193821
Jun 3, 2022 Listed $215,000 MLS #1193821
Jun 21, 2005 Sold $80,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $20,000 $424
2019 $20,000 $424
2018 $20,000 $424
2017 $20,000 $424
2016 $20,550 $477
2015 $20,550 $477
2014 $20,550 $477
2013 $20,550 $477
2012 $25,525 $602
2011 $25,525 $602
2010 $25,525 $602
2009 $25,525 $602
2008 $19,425 $523

Property facts

Year built
1994
Property type
single_family
Stories
Beds
2
Baths
2
Living area
1,146 sqft
Lot size
436 sqft
ZIP code
37924
City
Knoxville
Street
Libby Way
Coordinates
36.03724, -83.86537

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
$1,719
Gross rental yield
10.01%
Implied cap rate
6.51%
Trend-extrapolated value

Frequently asked questions

When did 5508 Libby Way last sell?
5508 Libby Way most recently sold on Jul 11, 2022 for $206,000.
What is the current tax assessment for 5508 Libby Way?
The most recent total assessment for 5508 Libby Way (year 2020) is $20,000 with $424 in property tax.
How does 5508 Libby Way's assessment compare to its last sale price?
The current assessment is 90.3% below the last sale price of $206,000.
When was 5508 Libby Way built?
5508 Libby Way was built in 1994.
How does 5508 Libby Way compare to others on Libby Way?
We track 8 other properties on Libby Way. Browse the list under "Other properties on Libby Way" to compare beds, baths, and sale history.
What are the property facts for 5508 Libby Way?
5508 Libby Way is a 2 bed, 2 bath, 1,146 sqft, 436 sqft lot single_family.
Is 5508 Libby Way a flip candidate?
No — 5508 Libby Way does not appear in our flips dataset.
Is 5508 Libby Way a tax-appeal candidate?
No — 5508 Libby 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
+2.9%
Implied 1-yr
+11.7%
2026 Q3
$499.4K
2026 Q4
$511.7K
ZIP 37924 — Median Price History + Forecast

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