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329 E Morelia Ave, Knoxville, TN, 37917

2beds
3baths
1,400sqft
$324,900
$232price/sqft
$2,386/moest. monthly cost
$95,440/yrincome needed

About This Home

Welcome to 329 E Morelia Ave, a thoughtfully updated, move-in ready home offering versatility, modern finishes, and an unbeatable Knoxville location. This 2-bedroom, 3-bathroom residence combines stylish upgrades with additional flexible living space--perfect for today's evolving lifestyle needs. Inside, you'll find a refreshed interior featuring new LVP flooring, updated cabinetry, quartz countertops, and a beautifully remodeled bathroom, creating a clean, modern aesthetic throughout. The layout is both functional and inviting, designed for comfortable everyday living and easy entertaining. The property also offers ADU eligibility (with ownership transfer required prior to application), presenting an excellent opportunity for future expansion or income potential. Step outside to an expansive backyard with plenty of room for outdoor enjoyment, gardening, or entertaining, along with the convenience of off-street parking. Located just minutes from downtown Knoxville, this home places you close to everything the city has to offer--from local festivals and farmers markets to cafés, restaurants, and campus life. With its combination of updates, flexibility, and prime location, 329 E Morelia Ave is a standout opportunity for homeowners and investors alike. Buyer to verify all information.

Getting Around

45
WalkingCar-Dependent
31
TransitSome Transit
42
BikeSomewhat Bikeable

Schools

6/10
3/10
3/10
Fulton High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1930

Materials

  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Craftsman
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Range,Washer

Basement

  • Basement: Crawl Space,Slab

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Walk-In Closet(s)
  • Window features: Windows - Vinyl
  • Flooring: Vinyl
  • Fireplace features: None

Heating & Cooling

  • Heating features: Forced Air,Natural Gas,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,400
  • Total interior livable area: 1,400 sqft

Property

Details

  • Parcel number: 081FA047

Lot

  • Lot size: 6,969 sqft
  • Features: Level

Parking

  • Parking features: Off Street,None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Lightning
Tornado
Winter Weather
Cold Wave
Earthquake
Ice Storm
Strong Wind

FEMA Declared Disasters Across Tennessee Counties

Flood
Freezing
Severe Ice Storm
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,642$19,704
Home Insurance $173$2,076
Property Taxes $396$4,752
Electricity $175$2,103
Total$2,386$28,632

Income You'd Need if You Spent...

35% on housing$81,805/yr
40% on housing$71,580/yr
45% on housing$63,626/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.5%
7.5%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$232This listing

vs Other Active Listings

Avg $/sqft

ZIP 37917$172
Knox County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 37917$229
Knox County$213

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-21Listed for sale$324,900
2025-09-08Listing removed$332,500
2025-09-03Price change$332,500
2025-08-03Listed for sale$350,000
2023-10-27Sold$175,000
2023-08-28Sold$140,000
2023-08-14Pending sale$169,000
2023-06-05Sold$45,000

For Sale by Agent

AgentRyan Coleman
BrokerageHometown Realty, LLC

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