8526 Madrid Court, 74, Knoxville, TN 37923 (MLS# 1194151)

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8526 Madrid Court, 74, Knoxville, TN 37923

New Listing
Property Type: Single Family Bedrooms: 2 Square Footage: 1,845 Status: Active
Current Price: $195,000 List Date: 6/17/2022 Last Modified: 6/20/2022


HUGE, ONE LEVEL condo in the heart of West Knoxville. With over 1,800 SqFt, this unit is currently setup with two bedrooms, including an oversized master bedroom with ENORMOUS walk-in closet, and spacious en-suite bath. Other similar units are configured with a third bedroom instead of the oversized master and large walk-in closet, providing you the potential to turn this unit into a true three bedroom. Community includes Pool & Tennis Court. Currently zoned for the highly sought after AL Lotts Elementary, West Valley Middle, and Bearden High Schools. Only minutes to shopping, dining, and outdoor recreation. Easy access to interstate I-40 makes this a short commute to Downtown Knoxville, University of Tennesse Campus, and much more! At only $106/SqFt, there is tons of equity opportunity!

Supplements: Also has excellent investment potential. Other units in the complex have previously been advertised as high as $1,700/month for a 2BR (467 Canberra Dr) and $1,950/month for a 3BR (67 Brasilia Ct), per Zillow records.

More Information MLS# 1194151

Location, Tax & Legal Info

House #: 8526 Street Name: Madrid St Suffix: Court Unit #: 74 State/Province: TN Zip Code: 37923 Property Sub-Type: Condominium Area: Knox County - 1 PIN #: 133 00103Z Subdivision: Palisades Condo Unit C74 Common Ele .005 Elementary School: A L Lotts Middle School: West Valley High School: Bearden Total Tax: 742.85 Geo Lat: 35.913348 Geo Lon: -84.058933

Contract Info

Auction Y/N: No Listing Price: 195000 Current Price: $195,000 Status: Active Listing Date: 2022-06-06

General Property Description

Type: Other Acre Source: Tax Records Site Built: Yes Restrictions: Yes SqFt - Total (Aprox): 1845 SqFt - Main Lvl: 1845 # Bedrooms: 2 Baths - Full: 2 # of Rooms: 5 Fireplace: No Property Status: N/A HOA: Mandatory HOA Fee: 247.06 HOA Freq: Monthly HOA Contact: HOA MANAGEMENT (STACY) 865-558-3030 Year Built: 1975 Bonus Room: No

Remarks & Misc

Directions: From Kingston Pike, turn onto Gallaher View Rd between Buddy's BBQ & Cheddars. Proceed through the next traffic light and turn left into the Palisades, then turn left on Canberra Dr, then right onto Madrid Ct. Park in unmarked spaces. Unit is on the right side of the building, second level, once on the second level, it is the left side unit.

Status Change Info

Status Change Date: 2022-06-17

Property Features

Atchd/Dtchd Type: Attached Style: Traditional Construction: Other Siding: Brick Garage/Parking: Common; Designated Parking Basement: None Lot Description: Other Fireplace: None Floors: Tile Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Microwave; Range; Smoke Detector Sewer: Public Sewer Water: Public Other Rooms: Mstr Bdrm Main Level; Office/BR Main Level Misc Features: Internet Available; Pantry; Walk-in Closets; Walk-in Shower; Washer/Dryer Connect; Whirlpool Tub Exterior Features: Balcony; Porch - Covered Dining Area: Living Rm/Dining Rm Community Amenities: Architect Restricted; Swimming Pool; Tennis Courts Association Fee Incl: All Amenities; Association Ins; Building Exterior; Grounds Maintenance; Sewer; Trash; Water Showing: See Agent Instructns New Financing: Cash; Conventional; New Loan


Also has excellent investment potential. Other units in the complex have previously been advertised as high as $1,700/month for a 2BR (467 Canberra Dr) and $1,950/month for a 3BR (67 Brasilia Ct), per Zillow records.
Listing Office: Realty Executives Associates
Office Phone: 865-531-2020
Last Updated: June - 20 - 2022
8526 Madrid Court, 74, Knoxville, TN 37923- MLS# 1194151
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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