See Home Value
$166,285*
House - Off Market

1002 Melbourne Ave

Knoxville, TN 37917
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1506 Sqft
$149,000 - $181,000
Reference Base Price*
0.78%
Since Jun 1, 2022
National-US
Primary Model
Sold May 16, 2022
$182,500
$146,000 by Churchill Mortgage Corporation
Mortgage Due Jun 01, 2052
Sold Dec 19, 1995
$63,900

About This Property

Great opportunity to remodel and expand!  This house has over 1500 square feet on the main level including 3 BR's, a large LR with wood-burning FP, formal DR, and a large foyer entry off of the covered front porch.  The basement adds over 700 sqft of partially finished space including a second bathroom, laundry area, shop space, and lots of storage.  Concrete sidewalks line the street for safe pedestrian travel to schools and restaurants, and the neighborhood is conveniently located between Broadway and Central Ave just minutes from downtown!  Home is being sold As-Is.

The manager has listed the unit size as 1506 square feet.
Unit Size
1,506Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$110
Property Type
House
Property Taxes
$83
HOA Dues
-
Year Built
1950

Price History

Date / Event Date Event Price
May 16, 2022 Sold to Daniel Sung-joo Kim $182,500
Sold to Daniel Sung-joo Kim
May 14, 2022 No longer available -
No longer available
Apr 10, 2022 In contract -
In contract
Apr 8, 2022 Listed $165,000
Listed

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1980
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Traditional
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 753
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,752
  • Lot Size Depth Feet: 135
  • Lot Size Frontage Feet: 50
  • Total Building Area: 1,506
  • Gross Building Area: 2,259
  • Building Area: 1,506
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,506
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WALLACE ADDITION
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: SUBDIVISIONNAME WALLACE ADDITION MAPPLATB 9 MAPPLATP 68 DIMENSIONS 50 X 135

Ownership

  • Current Owner : KIM DANIEL SUNG-JOO
  • Previous Owner : JANE MYNATT BETTY
  • Owner Before Previous Owner: EDGEMON HERBERT F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 001500

Geography

  • Assessors Map Reference: MAP #81D
  • District: CIT
  • Parcel: 081DA026
  • Block: E
  • Lot: 1
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9969
  • Longitude: -83.9291

    Address

  • Full Address: 1002 Melbourne Ave
  • Address - House Number: 1002
  • Address - Street Name: Melbourne
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C004
  • 4-Digit Zip Code: 4429
  • Zip Code: 37917

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,292
  • Intital Tax Deliquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.2417
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 66
  • Final Value: 226,110
  • High Value: 280,763
  • Low Value: 171,457

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $146,000
  • First Open Lien Mortgage Lender: CHURCHILL MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: May 16, 2022
  • First Open Lien Mortgage Loan Amount: $146,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $139,300
  • Market Land Value: $9,100
  • Market Improvement Value: $130,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,825

    Sales

  • Current Sale Contract Date: May 10, 2022
  • Current Sale Recording Date: May 16, 2022
  • Current Sale Transaction ID: 11889399414
  • Current Sale Price: $182,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 86750
  • Previous Sale Recording Date: Dec 19, 1995
  • Previous Sale Amount: $63,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHURCHILL MORTGAGE CORPORATION
  • First Mortgage Transaction Date: May 16, 2022
  • First Mortgage Loan Amount: $146,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Oakwood


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Frequently Asked Questions

When was property at 1002 Melbourne Avenue Northeast built and last sold?
The property at 1002 Melbourne Avenue Northeast was built in 1950 and last sold on May 10, 2022 for $182,500.
How much is this home worth?
The estimated value of the home located at 1002 Melbourne Avenue Northeast is $166,650.
What are some comparable homes to 1002 Melbourne Avenue Northeast?
There are currently no comparable homes to 1002 Melbourne Avenue Northeast.

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