Cottage / Storybook home in 5608 Chapman Hwy Knoxville, TN
This 1,860-square-foot Cottage home in Knoxville, TN includes 3 bedrooms and 2 bathrooms. The Cottage styling carries through the home's design.
| Price | $340,000 |
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| Beds | 3 |
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| Baths | 2 |
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| Sqft | 1860 |
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| Architectural style | Cottage / Storybook (42% match) |
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| Address | 5608 Chapman Hwy Knoxville, TN 37920 |
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Why buy this home
- Confirmed Cottage / Storybook architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced a little under the area.
- At $340K, this home is 2% below the $347K median for 322 similar Cottage / Storybook homes in Knoxville, TN.
- That works out to $183 per square foot, 24% below the $242 comparable rate.
- New to market (3 days), so expect competition.
| This home | $340,000 |
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| Cottage / Storybook median in Knoxville, TN | $347,000 (322 homes) |
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| Price per sq ft | $183 vs. $242 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,178/month with 20% down at a 7.28% 30-year fixed rate. You would need about $93,360 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,861/mo |
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| Property tax (new-buyer reassessed rate) | $190/mo |
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| Homeowners insurance | $127/mo |
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| Total monthly | $2,178/mo |
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| Down payment (20%) | $68,000 |
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| Income needed | $93,360/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B+ (76 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B+ (76/100) |
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| Beats renting in | 39% of modeled paths |
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| Modeled 5-yr equity (median) | $199,688 |
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| Range (10th to 90th pct) | $127,750 to $287,478 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Knoxville, TN where local data is thin.
Local home values
Typical home values in Knoxville, TN have risen about 41% over the past 5 years (+2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Movoto