CIC Tennessee

Broker | License ID: 231726

GET MORE INFORMATION

We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.

$ 280,000

$ 329,000 14.9%

Est. payment -/mo

Video Tour

Sold on 08/03/2026

602 Watauga Ave Knoxville, TN 37917

3 Beds

2 Baths

1,600 SqFt

UPDATED:

Key Details

Sold Price $280,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $175

Subdivision Lincoln Park

MLS Listing ID 1341972

Style Historic

Bedrooms 3

Full Baths 2

Year Built 1899

Lot Size 6,969 Sqft

Property Sub-Type Single Family Residence

Property Description

NEW PRICE - $329,000

VALUE SNAPSHOT
✔ $329,000 - Priced to attract immediate interest
✔ $222,000+ in improvements - Major systems already updated
✔ Move-In Ready - Big-ticket items completed
✔ $15,000/year income - Detached guest house leased at $1,250/month
✔ Flexible use - Rental, office, guest suite, or multigenerational living

BONUS VALUE
Detached guest house provides immediate income or flexible living space--like getting two properties in one.

OVER $222,000 IN IMPROVEMENTS:
● New roof
● Electrical system upgrade (panel, wiring, service)
● PEX plumbing & new city water line
● Updated HVAC & ductwork
● Renovated bathrooms (guest + primary)
● LED lighting upgrades
● Decks, walkways & landscaping
● Detached guest house (income-producing)
● Additional updates throughout

PROPERTY FEATURES:
Updated historic home blending character with modern systems. Detached guest house generates income and adds flexibility. Over $222K in improvements reduce future costs, making this a strong value for both homeowners and investors.

OVER $222,000 IN DOCUMENTED CAPITAL IMPROVEMENTS:

Estimated current replacement costs shown for illustration.
● New Roof -- (Estimated replacement cost: $18,000-$25,000) ✓ Already completed
● Complete Electrical System Upgrade (new service, breaker panel, wiring throughout the home, and electrical feeds to both buildings) -- (Estimated replacement cost: $20,000-$35,000) ✓ Already completed
● New City Water Service Line (street to home) -- (Estimated replacement cost: $8,000-$15,000) ✓ Already completed
● PEX Plumbing Upgrades Throughout -- (Estimated replacement cost: $15,000-$30,000) ✓ Already completed
● Sewer Line Professionally Cleaned and Restored -- (Estimated value of service: $500-$2,000) ✓ Already completed
● Updated HVAC System & Ductwork -- (Estimated replacement cost: $12,000-$20,000) ✓ Already completed
● Completely Renovated Guest Bathroom (taken to the studs and rebuilt) -- (Estimated replacement cost: $20,000-$35,000) ✓ Already completed
● Newly Updated Primary En-Suite Bathroom -- (Estimated replacement cost: $12,000-$25,000) ✓ Already completed
● Detached Guest House Improvements -- Adds immediate income-producing capability with current gross rental income of approximately $15,000 annually.
● New Decks & Outdoor Living Areas -- (Estimated replacement cost: $15,000-$30,000) ✓ Already completed
● Concrete Walkways & Hardscaping -- (Estimated replacement cost: $8,000-$18,000) ✓ Already completed
● Professionally Designed Mature Landscaping & Gardens -- (Estimated replacement cost: $10,000-$30,000) ✓ Already completed
● Updated Interior & Exterior Lighting -- (Estimated replacement cost: $3,000-$8,000) ✓ Already completed
The next owner can enjoy these improvements without taking on the cost, disruption, and time required to complete them today.

Location

State TN

County Knox County - 1

Area 0.16

Rooms

Other Rooms Sunroom, Bedroom Main Level, Extra Storage, Mstr Bedroom Main Level

Dining Room Formal Dining Area

Interior

Heating Heat Pump, Electric

Cooling Central Cooling, Ceiling Fan(s)

Flooring Laminate, Carpet, Hardwood

Fireplaces Type Masonry

Exterior

Exterior Feature Prof Landscaped

Parking Features None, Carport, Main Level

Garage Description Carport, Main Level

Building

Lot Description Corner Lot, Irregular Lot, Level, Rolling Slope

Sewer Public Sewer

Water Public

Structure Type Wood Siding,Brick,Frame

Schools

Middle Schools Whittle Springs

High Schools Fulton

Others

Acceptable Financing Other, Cash, Conventional

Listing Terms Other, Cash, Conventional

Listed by INNOVATE Real Estate

NEARBY SCHOOLS & PROPERTIES

CIC Tennessee

Broker | License ID: 231726

+1(833) 242-7007

GET MORE INFORMATION

602 Watauga Ave Knoxville, TN 37917

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

Go tour this home

602 Watauga Ave

QUICK SEARCH