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1316 Margaret Ln, Knoxville, TN, 37920

2beds
2baths
1,418sqft
$339,900
$240price/sqft
$2,449/moest. monthly cost
$97,960/yrincome needed

About This Home

Located in desirable South Knoxville, this fully remodeled home is close to William Hastie Nature Park, Ijams Nature Center, Island Home Park, restaurants, breweries, downtown Knoxville, and more. The home features an open floor plan, an oversized side-entry two-car garage, and a large new wraparound deck. Updates include new windows, decks, garage doors and openers, electrical panel, water heater, flooring, paint, lighting, interior doors, door hardware, and fully updated kitchen and bathrooms with new cabinets, quartz countertops, appliances, vanities, shower and tub inserts, toilets, and fixtures. Nearly everything has been refreshed. The roof is approximately 10 years old and was recently inspected, and the central HVAC system is approximately 11 years old, recently inspected, and working well. The kitchen offers beautiful new cabinetry, quartz countertops, a large luxury quartz sink, champagne gold faucet and hardware, and all-new stainless-steel appliances, including a ceramic-top stove, built-in dishwasher, and microwave. The side-by-side stainless-steel refrigerator is approximately two years old. A window above the sink brings in natural light and overlooks the backyard. The kitchen opens to a spacious dining area and living room, where multiple windows and sliding glass doors provide abundant light and scenic views. The family room flows seamlessly into the kitchen and dining area. Crown molding runs through most of the home, and the upgraded luxury vinyl plank flooring offers a durable, low-maintenance wood-look finish. The main level includes two spacious bedrooms with new remote-controlled ceiling fans with lights, plus a large bathroom with a linen closet. The bathroom has been fully updated with new flooring, paint, tub, vanity with granite top, fixtures, and lighting. The lower level offers a second family room or flex space with a wood-burning stove that can heat the entire home, providing a great backup heat source and potential energy savings. This level also includes a large laundry room with built-in cabinetry, new flooring, fresh paint, a new light fixture, and an included washer and dryer. A second full bathroom features a linen closet, large walk-in shower, and extensive new updates... You name it, and it is probably new! The oversized side-entry garage provides extra storage, including a wall of built-in wood cabinets and a worktable. The insulated garage doors and openers are new. Outside, the property offers additional parking, a mostly level backyard, and a private setting. The property sits directly beside William Hastie Park, with a large, wooded buffer that adds privacy and creates a quiet, peaceful setting.

Getting Around

3
WalkingCar-Dependent
0
TransitNo Nearby Transit
11
BikeSomewhat Bikeable

Schools

4/10
Dogwood Elementary SchoolGrades PK-51.9 mi
4/10
3/10
South Doyle High SchoolGrades 9-123.3 mi

Construction

Condition

  • Year built: 1984

Materials

  • Construction materials: Wood Siding,Block,Frame

Type & Style

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

Interior

Appliances

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

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

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

Features

  • Kitchen Island,Eat-in Kitchen,Bonus Room
  • Window features: Windows - Vinyl,Insulated Windows,ENERGY STAR Qualified Windows
  • Fireplace features: Wood Burning Stove

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 1,418
  • Total interior livable area: 1,418 sqft

Property

Details

  • Parcel number: 110PF001

Lot

  • Lot size: 0.36 Acres
  • Features: Private,Rolling Slope

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Side,Off Street,Garage Door Opener,Attached,Basement
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Lightning
Tornado
Winter Weather

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 $1,718$20,616
Home Insurance $141$1,692
Property Taxes $415$4,980
Electricity $175$2,103
Total$2,449$29,388

Income You'd Need if You Spent...

35% on housing$83,965/yr
40% on housing$73,470/yr
45% on housing$65,306/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

$240This listing

vs Other Active Listings

Avg $/sqft

ZIP 37920$182
Knox County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 37920$227
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)

No zestimate history available

Price History

DateEventPrice
2026-08-09Pending sale$339,500
2026-08-07Price change$339,500
2026-07-21Price change$339,900
2026-07-13Price change$344,900
2026-07-03Listed for sale$350,000
1983-04-01Sold$1,600

For Sale by Agent

AgentConnie McNamara
BrokerageKeller Williams West Knoxville

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