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Owner finance

$625,000

200 Suburban Rd

Knoxville, TN 37923

Beds5
Baths3
Sq ft3,096
Year built1960
Rent estimate$2,837/mo
Listed by

The owner (for sale by owner, no agent). Contact the owner through the original listing.

What the listing says

FULLY RENOVATED 5BR/3BA BRICK HOME ON HALF AN ACRE - WEST KNOXVILLE OWNER FINANCING AVAILABLE RENOVATION NEARING COMPLETION - LISTED AHEAD OF THE FINISH The photos show this home mid-renovation, and that is deliberate. Kitchen, bathrooms and finishes are being completed now. The house is listed at this stage so a buyer can see exactly what was done behind the walls rather than only the finished surfaces. Photos are updated as rooms are completed. A buyer who commits before completion gets first position on the property and a showing as soon as the work is done. THE HOUSE All-brick single-family home in an established West Knoxville neighborhood off Cedar Bluff. Five bedrooms, three full baths, approximately 3,100 square feet, on roughly half an acre. The upper level is a self-contained four-bedroom, two-bath residence of about 2,400 square feet with its own private entrance. The master bedroom has an en-suite bath and two walk-in closets. The lower level is a separate, self-contained one-bedroom, one-bath space. That layout is the value. Live in it as one large home, or live on one level while the other produces income. Very few houses this size in 37923 offer that without modification. THE RENOVATION Taken back and rebuilt, not cosmetically refreshed Kitchen fully remodeled with new appliances All bathrooms fully remodeled CAT6 network cabling throughout - built for working from home Two driveways, ample parking, private storage Property surveillance system All-brick exterior THE LOT Roughly half an acre in a neighborhood of smaller lots. Large enough to support a detached accessory dwelling under current local rules, which a buyer should confirm independently. That is real optionality, not a decorative feature. LOCATION Minutes from Turkey Creek, West Town Mall, groceries, I-40 and I-140. About twenty minutes to downtown Knoxville. Zoned for A.L. Lotts Elementary, West Valley Middle and Bearden High (buyer to verify). TWO WAYS TO BUY Owner financing - $625,000. This is the preferred route. For a buyer with real income and a meaningful down payment who does not fit a conventional lender's box - self-employed, recently relocated, strong cash flow but a short credit history - this takes the bank out of the transaction. Down payment, rate, term and balloon are negotiated to fit the buyer rather than posted. Cash purchase - make an offer. There is no posted cash price. Submit your offer with proof of funds. Every serious offer gets a response; offers without proof of funds do not. HOW TO INQUIRE For sale by owner. No listing agent on the sell side. Buyer agents are welcome and will be treated normally. All inquiries go through the application form on the property website. It asks for the basics up front - intended purchase route, down payment or proof of funds, timeline - so serious buyers are scheduled first. Showings by appointment.

See the original listing ↗

This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.

Property Details

Property Type

Single Family

Lot Size

21,780 sq ft

HOA

None

More owner-financed homes near Knoxville

Questions about owner financing in Knoxville

What is owner financing for 200 Suburban Rd?

Owner financing means the seller of 200 Suburban Rd acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Knoxville, TN home mentions owner financing; confirm it with the seller.

Do I need good credit for owner financing?

There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.

How much is the down payment for this Knoxville home?

There is no standard down payment. The seller of this Knoxville home sets their own, and it is negotiable. Ask the seller or their agent.

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