Craftsman / Bungalow home in Knoxville, TN
A Craftsman home in Knoxville, TN, it offers 2 bedrooms and 1 bathroom across 1,008 square feet. Notable features include swimming pool, fireplace, hardwood floors, and large backyard / lot.
| Price | $265,000 |
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| Beds | 2 |
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| Baths | 1 |
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| Sqft | 1008 |
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| Architectural style | Craftsman / Bungalow (45% match) |
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| Address | 616 Mitchell Drive, Knoxville, TN 37912 |
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Why buy this home
- Confirmed Craftsman / Bungalow architecture, matched from the listing photos by Enzo's vision model.
- Features: fireplace, hardwood floors, large backyard / lot, swimming pool.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced below comparable homes.
- At $265K, this home is 20% below the $330K median for 141 similar Craftsman / Bungalow homes in Knoxville, TN.
- That works out to $263 per square foot, 13% above the $233 comparable rate.
| This home | $265,000 |
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| Craftsman / Bungalow median in Knoxville, TN | $329,900 (141 homes) |
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| Price per sq ft | $263 vs. $233 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 $1,698/month with 20% down at a 7.28% 30-year fixed rate. You would need about $72,766 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,451/mo |
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| Property tax (new-buyer reassessed rate) | $148/mo |
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| Homeowners insurance | $99/mo |
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| Total monthly | $1,698/mo |
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| Down payment (20%) | $53,000 |
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| Income needed | $72,766/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 | 31% of modeled paths |
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| Modeled 5-yr equity (median) | $148,576 |
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| Range (10th to 90th pct) | $93,124 to $213,023 |
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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 Estately