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3708 Spruce Ridge Way APT 2102, Knoxville, TN, 37920

4beds
4baths
1,510sqft
$499,000
$330price/sqft
$3,531/moest. monthly cost
$141,240/yrincome needed

About This Home

Attention UT Students and Investors. This 4 beds and 4-full private baths condominium presents a great opportunity to add to your portfolio. Two bedrooms are currently rented for $690 each per month, and one bedroom is rented for $720 per month; the other bedroom could be rented for $720 per month to make the rental amount $2,820/month, or you can live there as a primary home. NEW HVAC in 2024, NEW washer and refrigerator in 2025. This unit features a peaceful, serene atmosphere, with a covered patio that overlooks a lush wooded area, providing a perfect retreat for tenants to relax and enjoy nature. Each bedroom in this well-designed layout features its own private bathroom, ensuring maximum privacy and comfort for the tenants. All appliances, including the refrigerator, washer, and dryer convey. The gated community includes a clubhouse, gym, volleyball, basketball, tennis courts, pools, pavilions, dog parks, a tanning bed, day and night shuttle, movie theater, on-site security, and much more. Convenient location within a short distance to UT Hospital, UT Campus, Downtown, local restaurants, and shopping centers. Schedule your showing today!

Getting Around

2
WalkingCar-Dependent
20
TransitMinimal Transit
2
BikeSomewhat Bikeable

Schools

7/10
4/10
3/10
South Doyle High SchoolGrades 9-124.2 mi

Construction

Condition

  • Year built: 2006

Materials

  • Construction materials: Brick,Shingle Siding,Frame

Type & Style

  • Home type: Condo
  • Architectural style: Traditional
  • Property subType: Condominium

Interior

Appliances

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

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Walk-In Closet(s),Pantry
  • Window features: Windows - Vinyl
  • Flooring: Laminate,Carpet,Tile
  • Fireplace features: None

Heating & Cooling

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

Interior Area

  • Total structure area: 1,510
  • Total interior livable area: 1,510 sqft

Property

Details

  • Parcel number: 108MB00105R
  • Attached to another structure: Yes

Features

  • Private pool: Yes
  • Pool features: In Ground
  • Exterior features: Prof Landscaped,Balcony,Tennis Court(s)
  • Has view: Yes
  • View description: Trees/Woods

Lot

  • Lot size: 435.60 sqft
  • Features: Zero Lot Line

Parking

  • Parking features: Common

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
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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 $2,523$30,276
Home Insurance $208$2,496
Property Taxes $625$7,500
Electricity $175$2,103
Total$3,531$42,372

Income You'd Need if You Spent...

35% on housing$121,062/yr
40% on housing$105,930/yr
45% on housing$94,160/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

$330This listing

vs Other Active Listings

Avg $/sqft

ZIP 37920$181
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)

Price History

DateEventPrice
2025-11-12Listed for sale$499,000
2024-09-13Listing removed$490
2024-06-28Listed for rent$490
2021-08-24Sold$210,000
2021-08-09Pending sale$214,900
2021-02-26Listed for sale$214,900
2019-11-08Sold$142,500
2017-08-10Listing removed$154,900
2017-02-10Listed for sale$154,900
2016-10-15Listing removed$137,900
2016-08-02Price change$137,900
2016-07-29Price change$154,900
2016-07-09Price change$159,900
2016-06-21Price change$164,900
2016-03-29Listed for sale$180,000

For Sale by Agent

AgentHa Ngoc Nguyen
BrokerageUnited Real Estate Solutions

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