Discover timeless appeal and exceptional livability at 1116 Rain Tree Rd, a beautifully maintained basement rancher ideally situated on a large, mature lot and zoned for some of the county's top schools. Offering over 2,500 square feet, this 3-bedroom, 3-bath home delivers the perfect balance of space, functionality, and classic charm. The main level welcomes you with warm, inviting interiors and a thoughtfully designed layout suited for both everyday living and effortless entertaining. Highlights include solid hardwood flooring, granite countertops, a main-level primary suite, and two fireplaces that add comfort and character throughout the home. Downstairs, the finished basement expands your living space with a spacious recreation and family room, complete with a second fireplace--perfect for movie nights, game days, or multi-generational living. Step outside to enjoy an expansive back deck and patio, ideal for entertaining, grilling, or simply relaxing while overlooking the peaceful, tree-lined backyard. The mature landscaping enhances both privacy and natural beauty, creating a serene outdoor retreat. Additional features include excellent garage storage with ample room for tools, hobbies, and organization. With its generous square footage, desirable layout, and exceptional indoor and outdoor living spaces, this home presents a rare opportunity in today's market.
Closed
$499,900
1116 Rain Tree Rd, Knoxville, TN 37923
3beds
2,563sqft
Single Family Residence, Residential
Built in 1978
0.41 Acres Lot
$504,000 Zestimate®
$195/sqft
$2,658 Estimated rent
Home value
$504,000
$479,000 - $529,000
$2,658/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listing Provided by:
Tyler Fogarty 865-588-3232,
Realty Executives Associates
Bought with:
Ray Gaudet, 306599
Realty Executives Associates
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3216036
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Dining room
- Features: Formal
- Level: Formal
Kitchen
- Features: Pantry
- Level: Pantry
Other
- Features: Utility Room
- Level: Utility Room
Heating
- Central, Electric, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Oven
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- Pantry
- Flooring: Carpet, Wood, Tile
- Basement: Finished,Exterior Entry
- Number of fireplaces: 2
- Fireplace features: Gas
Interior area
- Total structure area: 2,563
- Total interior livable area: 2,563 sqft
- Finished area above ground: 1,624
- Finished area below ground: 939
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, Garage Faces Side
- Garage spaces: 2
Features
- Levels: Two
- Patio & porch: Deck, Patio, Porch, Covered
Lot
- Size: 0.41 Acres
- Dimensions: 90M x 167.85 x IRR
- Features: Level, Rolling Slope
- Topography: Level,Rolling Slope
Details
- Parcel number: 118CC016
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Fiber Cement, Other, Brick
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Water Available
Green energy
- Energy efficient items: Windows
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Knoxville
- Subdivision: Heritage Woods
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Sold | $499,900$195/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3216036 Report a problem | ||
| 4/12/2026 | Pending sale | $499,900$195/sqft |
Source:  East Tennessee Realtors #1336058 Report a problem | ||
| 4/9/2026 | Listed for sale | $499,900+41.8%$195/sqft |
Source: East Tennessee Realtors #1336058 Report a problem | ||
| 11/30/2020 | Sold | $352,500+5.2%$138/sqft |
Source: East Tennessee Realtors #1133152 Report a problem | ||
| 10/19/2020 | Pending sale | $335,000$131/sqft |
Source: Slyman Real Estate #1133152 Report a problem | ||
| 10/17/2020 | Listed for sale | $335,000+46%$131/sqft |
Source: Slyman Real Estate #1133152 Report a problem | ||
| 12/6/2011 | Sold | $229,500+70%$90/sqft |
Source: Public Record Report a problem | ||
| 1/30/2002 | Sold | $135,000$53/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,341 | $86,325 |
| 2024 | $1,341 | $86,325 |
| 2023 | $1,341 | $86,325 |
| 2022 | $1,341 +13.5% | $86,325 +54.8% |
| 2021 | $1,182 | $55,775 -75% |
| 2020 | $1,182 | $223,100 |
| 2019 | $1,182 | $223,100 +16.4% |
| 2018 | $1,182 | $191,710 +243.7% |
| 2017 | $1,182 -4.1% | $55,775 |
| 2016 | $1,232 | -- |
| 2015 | $1,232 | -- |
| 2014 | $1,232 +0% | -- |
| 2013 | $1,232 -46.7% | -- |
| 2012 | $2,310 | -- |
| 2011 | $2,310 | $47,925 |
| 2010 | $2,310 | $47,925 |
| 2009 | $2,310 +13.7% | $47,925 +29.7% |
| 2008 | $2,032 | $36,950 |
| 2007 | $2,032 | $36,950 |
| 2006 | $2,032 | $36,950 |
| 2005 | $2,032 +1.2% | $36,950 +10.5% |
| 2004 | $2,009 +6.2% | $33,425 |
| 2003 | $1,892 | $33,425 |
| 2002 | -- | $33,425 |
| 2001 | -- | $33,425 +12% |
| 2000 | -- | $29,850 |
Find assessor info on the county website
Neighborhood: 37923
Nearby schools
GreatSchools rating
- 7/10Cedar Bluff Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 6/10Cedar Bluff Middle SchoolGrades: 6-8Distance: 1.3 mi
- 7/10Hardin Valley AcademyGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: Cedar Bluff Elementary
- Middle: Cedar Bluff Middle School
- High: Hardin Valley Academy
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$504,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$504,000
- Tennessee
- Knox County
- Knoxville
- 37923
- 1116 Rain Tree Rd