Hey, hey, hey, Watchers.  This week on Knoxville Foreclosure Watch, active  pending listings were way down while active and closed listings were way up. In fact, active foreclosure listings reached a new record high of 225. Will this be the summer of the foreclosure? Stay tuned to find out…

In new listing news, 37920 had the most with 5. Other zips with more than 1 new listing included 37909, 37912, 37914, 37915, 37917, 37918, 37921 and 37938. And our old friend 37917 is in first place so far with 62 new foreclosure listings this year.

There were a whopping 18 closed foreclosure listings last week and they were pretty spread out, with 2 each in 37914, 37917

Now for the breakdown -

Knox County Foreclosure Property Statistics as of 06/02/10 *

Current On-Market Listings - 225
Average Asking Price: $150,956
Median Asking Price: $99,900
Most Expensive New Listing: $249,400 (4 BR, 2.5 BA, 2600+ sq ft in Hardin Valley)
Least Expensive New Listing: $15,000 (1 BR, 1 BA, 1300+ sq ft fixer upper near St Mary’s)

Notable New Listings:

North: $164,900 (3 BR, 2 BA, 1700+ sq ft in Harrill Hills)

South: $69,900 (4 BR, 2 BA, 1900+ sq ft cottage off Chapman Hwy)

East: $41,900 (5 BR, 2.5 BA, 2200+ sq ft built in 1910 on Washington Ave)

West: $184,900 (4 BR, 3 BA, 2800+ sq ft off Middlebrook)

Current Pending Sales - 110
Average Asking Price – $107,165
Median Asking Price – $84,950

Closed Sales May 26, 2010- June 02, 2010 - 18
Average Asking Price – $144,267
Average Sales Price – $137,728
Median Sales Price – $90,000
Average Days on Market – 37

*Data taken from KAARMLS on 06/02/2010 for Knox County single family residential properties only, and does not include condos or PUDS.

As always, if you need more information on any of these properties, just drop me a line.

If you’d like to receive new foreclosure listings automatically, send me an email with “Foreclosure List” in the subject line, and I’ll do the rest.  Big bucks. No spammies.

Why take the chance of ever missing out on Foreclosure Watch? Make sure you get all your foreclosure goodness every week by subscribing to All Around K-Town today, either by RSS or email!

This week Neighborhood of the Week stays on the north side of town to revisit a historic Fountain City community called Harrill Hills.

Located in the heart of Fountain City just off of Jacksboro Pike, Harrill Hills was established as the result of a partnership between a builder and a Fountain City’s biggest grocer in the 1920, A. Hale Franklin. According to the Fountain City News website:

As his business grew, Hale envisioned a new, larger home for his family and acquired property on Terrace View Drive in present day Harrill Hills. According to family tradition, the builder and Fountain City’s leading grocer made an arrangement that was not so unusual for its time.

Hale agreed to barter a supply of groceries in exchange for part of the construction cost and the building materials. The arrangement enabled him to finance deluxe features found in very few homes at the time such as the all brick exterior, steel columns and I-beams in the basement to support the two floors above, a drive-through brick garage and concrete tile roof…

…In late 1927, several years after the Franklin house was built, a large-scale development was planned for Harrill Hills. Called the “First and Second Units” and covering a large area from Forest Lane to the north and Gaineswood Road on the south, bounded on the east by Brier Cliff Road and on the west by Jacksboro Pike, the development contained almost 300 building sites.

Today Harrill Hills is a very laid-back, picturesque neighborhood with lots of mature trees and greenery. Although several homes there were built in the 20s and 30s, building continued well into the 60s, giving Harrill Hills an interesting mix of architectural styles which includes everything from stone cottages to mid-century ranchers.

So if you’re looking for a picturesque, historic community that feels like it’s situated far off the beaten path, but is also very convenient to I-640, downtown, and UT, take a closer look at Harrill Hills.

Here’s Harrill Hills by the numbers -

Harrill Hills*

Current On-Market Listings – 10
Average Asking Price: $154,410
Median Asking Price: $153,700
Most Expensive: $189,900 (5 BR, 2 BA, 2500+ sq ft built in ‘40)
Least Expensive: $119,900 (3 BR, 1.5 BA, 1100+ sq ft built in ‘50)
Middle of the Road: $157,500 (2 BR, 1 BA, 1200+ sq ft built in ‘44)

Current Pending Sales - 1
Asking Price: $214,900
Details: 3 BR, 2.5 BA, square footage not listed, built in ‘54

Closed Sales – 4th Quarter 2009- 3
Average Asking Price – $123,600
Average Sales Price – $123,800
Median Sales Price – $130,000
Average Days on Market – 53

Closed Sales – 4th Quarter 2008- 2
Asking Price – $147,450
Average Sales Price – $124,500
Median Sales Price – NA
Days on Market – 151

*Data taken from KAARMLS on 03/16/09 does not include condos, PUDS, adjacent neighborhoods or multi-family units.

As always, if you want any more information about any of these properties, or if you’d like to check one of them out in person, just give me a shout.

If you would like to receive a full list of properties for sale in this neighborhood, or if you would like to be notified of new listings,send me an email with either “Current Harrill Hills Listings” or “New Harrill Hill Listings” in the subject line and I’ll take care of the rest. Ix-nay on the am-spay.

Know of nice little corner of K-Town that would make a great Neighborhood of the Week? Don’t keep it to yourself - let me know about it and you might just see it featured here one day soon.

© 2008 Robert Stockdale Photography, All Rights Reserved.

This week Neighborhood of the Week stays on the north side of town to revisit a historic Fountain City community called Harrill Hills.

Located in the heart of Fountain City just off of Jacksboro Pike, Harrill Hills was established as the result of a partnership between a builder and a Fountain City’s biggest grocer in the 1920, A. Hale Franklin. According to the Fountain City News website:

As his business grew, Hale envisioned a new, larger home for his family and acquired property on Terrace View Drive in present day Harrill Hills. According to family tradition, the builder and Fountain City’s leading grocer made an arrangement that was not so unusual for its time.

Hale agreed to barter a supply of groceries in exchange for part of the construction cost and the building materials. The arrangement enabled him to finance deluxe features found in very few homes at the time such as the all brick exterior, steel columns and I-beams in the basement to support the two floors above, a drive-through brick garage and concrete tile roof…

…In late 1927, several years after the Franklin house was built, a large-scale development was planned for Harrill Hills. Called the “First and Second Units” and covering a large area from Forest Lane to the north and Gaineswood Road on the south, bounded on the east by Brier Cliff Road and on the west by Jacksboro Pike, the development contained almost 300 building sites.

© 2008 Robert Stockdale Photography, All Rights Reserved.

Today Harrill Hills is a very laid-back, picturesque neighborhood with lots of mature trees and greenery. Although several homes there were built in the 20s and 30s, building continued well into the 60s, giving Harrill Hills an interesting mix of architectural styles which includes everything from stone cottages to mid-century ranchers.

© 2008 Robert Stockdale Photography, All Rights Reserved.

So if you’re looking for a picturesque, historic community that feels like it’s situated far off the beaten path, but is also very convenient to I-640, downtown, and UT, take a closer look at Harrill Hills.

© 2008 Robert Stockdale Photography, All Rights Reserved.

Here’s Harrill Hills by the numbers -

Harrill Hills*

Current On-Market Listings – 5
Average Asking Price: $163,015
Median Asking Price: $164,875
Most Expensive: $224,900 (4 BR, 4 BA, 2500 sq ft built in 1947)
Least Expensive: $118,500 (3 BR, 1.5 BA, 1400+ sq ft built in 1950)
Middle of the Road: $164,875 (3 BR, 1 BA, 1500+ sq ft built in 1954)

Current Pending Sales - 0
Average Asking Price: NA
Median Asking Price:NA

Closed Sales – 4th Quarter 2007- 2
Average Asking Price – $149,900
Average Sales Price – $142,500
Median Sales Price – NA
Average Days on Market – 72

Closed Sales – 4th Quarter 2008- 2
Asking Price – $147,450
Average Sales Price – $124,500
Median Sales Price – NA
Days on Market – 151

*Data taken from KAARMLS on 03/16/09 does not include condos, PUDS, adjacent neighborhoods or multi-family units.

As always, if you want any more information about any of these properties, or if you’d like to check one of them out in person, just give me a shout.

If you would like to receive a full list of properties for sale in this neighborhood, or if you would like to be notified of new listings, send me an email with either “Current Harrill Hills Listings” or “New Harrill Hill Listings” in the subject line and I’ll take care of the rest. Ix-nay on the am-spay.

Know of nice little corner of K-Town that would make a great Neighborhood of the Week? Don’t keep it to yourself – let me know about it and you might just see it featured here one day soon.

© 2008 Robert Stockdale Photography, All Rights Reserved.

This week Neighborhood of the Week goes back to the north side of town to a historic Fountain City community called Harrill Hills.

Located in the heart of Fountain City just off of Jacksboro Pike, Harrill Hills was founded by established as the result of a partnership between a builder and a Fountain City’s biggest grocer in the 1920, A. Hale Franklin. According to the Fountain City News website:

As his business grew, Hale envisioned a new, larger home for his family and acquired property on Terrace View Drive in present day Harrill Hills. According to family tradition, the builder and Fountain City’s leading grocer made an arrangement that was not so unusual for its time.

Hale agreed to barter a supply of groceries in exchange for part of the construction cost and the building materials. The arrangement enabled him to finance deluxe features found in very few homes at the time such as the all brick exterior, steel columns and I-beams in the basement to support the two floors above, a drive-through brick garage and concrete tile roof…

…In late 1927, several years after the Franklin house was built, a large-scale development was planned for Harrill Hills. Called the “First and Second Units” and covering a large area from Forest Lane to the north and Gaineswood Road on the south, bounded on the east by Brier Cliff Road and on the west by Jacksboro Pike, the development contained almost 300 building sites.

© 2008 Robert Stockdale Photography, All Rights Reserved.

Today Harrill Hills is a very laid-back, picturesque neighborhood with lots of mature trees and greenery. Although several homes there were built in the 20s and 30s, building continued well into the 60s, giving Harrill Hills an interesting mix of architectural styles which includes everything from stone cottages to mid-century ranchers.

© 2008 Robert Stockdale Photography, All Rights Reserved.

So if you’re looking for a picturesque, historic community that feels like it’s situated far off the beaten path, but is also very convenient to I-640, downtown, and UT, take a closer look at Harrill Hills.

© 2008 Robert Stockdale Photography, All Rights Reserved.

Here’s Harrill Hills by the numbers -

Harrill Hills*

Current On-Market Listings – 13
Average Asking Price: $169,846
Median Asking Price: $169,900
Most Expensive: $249,900 (4 BR, 4 BA, approx. 2500 sq ft built in 1947)
Least Expensive: $117,900 (3 BR, 1 BA, 1400+ sq ft built in 1955)
Middle of the Road: $169,900 (3 BR, 2 BA, 1900+ sq ft built in 1951)

Current Pending Sales -
Average Asking Price: $165,000
Median Asking Price:NA

Closed Sales – Jan 2008 – June 30 2008- 6
Average Asking Price – $96,583
Average Sales Price – $99,050
Median Sales Price – $102,400
Average Days on Market – 99

Closed Sales – Jan 2007 – June 30 2007- 5
Asking Price – $178,936
Average Sales Price – $172,996
Median Sales Price – $147,500
Days on Market – 88

*Data taken from KAARMLS on 8/18/08 does not include condos, PUDS, adjacent neighborhoods or multi-family units.

As always, if you want any more information about any of these properties, or if you’d like to check one of them out in person, just give me a shout.

If you would like to receive a full list of properties for sale in this neighborhood, or if you would like to be notified of new listings, send me an email with either “Current Harrill Hills Listings” or “New Harrill Hill Listings” in the subject line and I’ll take care of the rest. Ix-nay on the am-spay.

Know of nice little corner of K-Town that would make a great Neighborhood of the Week? Don’t keep it to yourself – let me know about it and you might just see it featured here one day soon.