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3720 Spruce Ridge Way APT 2222, Knoxville, TN, 37920

4beds
4baths
1,510sqft
$395,000
$262price/sqft
$2,831/moest. monthly cost
$113,240/yrincome needed

About This Home

Motivated seller. Make an offer. Move-in ready and packed with amenities, this 4-bedroom, 4-bath condo offers an ideal combination of comfort, convenience, and investment potential. Each bedroom features its own private bathroom, walk-in closet, and built-in study area, making it perfect for students, roommates, or anyone seeking privacy and functionality. The spacious kitchen features a full appliance package and opens to the dining and living areas, creating a welcoming space for entertaining or relaxing. A covered balcony provides a peaceful outdoor retreat, and all appliances, including the washer and dryer, convey with the property. Located within a gated community surrounded by mature trees, residents enjoy access to an exceptional amenity package, including multiple swimming pools, a clubhouse, fitness center, basketball, tennis, and volleyball courts, dog parks, pavilions, a movie theater, tanning bed, on-site security, and shuttle service. Conveniently located just minutes from the University of Tennessee campus and UT Medical Center, this property is an excellent opportunity for investors, parents looking to reduce student housing expenses, or anyone seeking low-maintenance living with outstanding amenities.

Getting Around

5
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: Wood Siding,Brick,Block,Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,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

Interior Area

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

Property

Details

  • Parcel number: 108MB00106M
  • 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: Wooded

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 $1,997$23,964
Home Insurance $164$1,968
Property Taxes $495$5,940
Electricity $175$2,103
Total$2,831$33,972

Income You'd Need if You Spent...

35% on housing$97,062/yr
40% on housing$84,930/yr
45% on housing$75,493/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

$262This 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)

Price History

DateEventPrice
2026-07-29Price change$395,000
2026-07-18Price change$400,000
2026-07-08Price change$410,000
2026-06-28Price change$425,000
2026-06-21Listed for sale$439,000
2020-08-21Sold$164,000
2020-07-20Pending sale$175,000
2020-07-17Listed for sale$175,000
2019-04-18Sold$135,000
2019-03-18Pending sale$135,000
2019-03-06Listed for sale$135,000
2018-04-18Listing removed$1,700
2018-03-08Listed for rent$1,700

For Sale by Agent

AgentAdam Brown
BrokerageUnited Real Estate Solutions

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