Townhouse / Rowhouse home in Knoxville, TN
Set in Knoxville, TN, this Townhouse home provides 2 bedrooms and 1.5 bathrooms across 1,160 square feet. Its Townhouse character defines the property's look.
| Price | $243,500 |
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| Beds | 2 |
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| Baths | 1.5 |
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| Sqft | 1160 |
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| Architectural style | Townhouse / Rowhouse (84% match) |
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| Address | 948 Micro Way #1, Knoxville, TN 37912 |
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Why buy this home
- Confirmed Townhouse / Rowhouse architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced below comparable homes.
- At $244K, this home is 49% below the $475K median for 1135 similar Townhouse / Rowhouse homes in Nashville, TN.
- That works out to $210 per square foot, 24% below the $276 comparable rate.
- On the market 20 days.
| This home | $243,500 |
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| Townhouse / Rowhouse median in Nashville, TN | $475,000 (1135 homes) |
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| Price per sq ft | $210 vs. $276 comps median |
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It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. 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 $1,560/month with 20% down at a 7.28% 30-year fixed rate. You would need about $66,862 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,333/mo |
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| Property tax (new-buyer reassessed rate) | $136/mo |
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| Homeowners insurance | $91/mo |
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| Total monthly | $1,560/mo |
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| Down payment (20%) | $48,700 |
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| Income needed | $66,862/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 (72 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 (72/100) |
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| Beats renting in | 30% of modeled paths |
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| Modeled 5-yr equity (median) | $136,450 |
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| Range (10th to 90th pct) | $85,619 to $194,605 |
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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 Nashville, TN have risen about 21% over the past 5 years (-1% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia