See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1114 Rain Tree Rd, Knoxville, TN, 37923

3beds
3baths
2,420sqft
$399,900
$165price/sqft
$2,856/moest. monthly cost
$114,240/yrincome needed

About This Home

Unlock the potential of 1114 Rain Tree Rd, Knoxville, TN! This spacious 3-bedroom plus bonus, 3-bath split-foyer home is a hidden gem waiting for the right investor, renovator, or buyer with vision. Nestled in a desirable West Knoxville neighborhood, this home offers solid bones, generous square footage, and endless possibilities to create something truly special. Features include a side-entry 2-car garage, a huge screened-in deck overlooking a peaceful wooded backyard, a covered front porch, and a spacious main level ready for your personal touch. The finished basement offers a large family room with a beautiful stone wood-burning fireplace, wet bar, an additional bedroom, full bathroom, and a bonus office or hobby room with a separate entrance--perfect for a home business, guest suite, or additional living space. Additional features include built-in bookshelves, and abundant floored attic storage. Conveniently located just minutes from Cedar Bluff, Pellissippi Parkway, I-40, top-rated schools, shopping, restaurants, Downtown Knoxville, and Oak Ridge, this property offers an unbeatable location with tremendous upside. Bring your imagination and renovation ideas--this home has all the ingredients to become something extraordinary. Opportunities like this in West Knoxville don't come along often!

Getting Around

2
WalkingCar-Dependent
0
TransitNo Nearby Transit
8
BikeSomewhat Bikeable

Schools

7/10
7/10
7/10
Hardin Valley AcademyGrades 9-123.4 mi

Construction

Condition

  • Year built: 1977

Materials

  • Construction materials: Brick,Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Walk-Out Access,Finished

Bedrooms & Bathrooms

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

Features

  • Bonus Room
  • Flooring: Laminate
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total structure area: 2,420
  • Total interior livable area: 2,420 sqft

Property

Details

  • Parcel number: 118CC015

Lot

  • Lot size: 0.40 Acres
  • Features: Wooded,Irregular Lot
  • Lot size dimensions: 100 x 181.9 x IRR

Parking

  • Total spaces: 2
  • Parking features: Garage Faces Side,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

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

How This Home’s Risks Compare

Lightning
Tornado
Winter Weather
Cold Wave
Earthquake
Inland Flooding
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 $2,022$24,264
Home Insurance $150$1,800
Property Taxes $488$5,856
Electricity $196$2,359
Total$2,856$34,272

Income You'd Need if You Spent...

35% on housing$97,920/yr
40% on housing$85,680/yr
45% on housing$76,160/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

$165This listing

vs Other Active Listings

Avg $/sqft

ZIP 37923$177
Knox County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 37923$198
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
2026-08-15Listed for sale$375,000
2026-08-09Pending sale$375,000
2026-08-06Price change$375,000
2026-07-21Listed for sale$399,900
2006-06-28Sold$173,000

For Sale by Agent

AgentOlga Polednik
BrokerageGreater Impact Realty

Similar Homes