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11328 Fords Cove Lane

11328 Fords Cove Lane, Knoxville, TN 37934
House in Knox
Sold Jan 19, 2021
$755,000
$200,000 by Bank Of America Na
Mortgage Due Feb 01, 2036
Sold Oct 13, 2008
$77,000
$77,000 by Bankeast
Mortgage Due Mar 29, 2009
Local assessors in Knoxville, TN have categorized 11328 Fords Cove Lane as a residential type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 9,215 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 850 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 11328 Fords Cove Lane has a total of 4,500 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 700 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a screened porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 11328 Fords Cove Lane sold most recently in Jan 14, 2021 for a total of $755,000. If you work out the math, that's approximately a cost of $167.78 per sqft. Before that, the property was also sold for $77,000 in Sep 30, 2008. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,906 in taxes each year. 11328 Fords Cove Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $187,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Building Style

New Traditional

Exterior

Brick Exterior

Parking

Parking Available
Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Custom
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 700
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 9,215
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 850
  • Total Building Area: 4,500
  • Gross Building Area: 5,362
  • Building Area: 4,500
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 4,500
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THE COVE AT TURKEY CREEK
  • Land Acres: 0.212
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Possessory Interest (misc.)
  • Legal Description 1: SUBDIVISIONNAME THE COVE AT TURKEY CREEK MAPPLATB 20060 526 MAPPLATP 0099379 DIMENSIONS 85 X 120 X IRR

Ownership

  • Current Owner : GIBSON FREDERICK C
  • Current Owner 2: GIBSON PEGGY S
  • Previous Owner : MORGAN JUSTIN
  • Previous Owner 2: MORGAN KISHA
  • Owner Before Previous Owner: CONSTRUCTION PLANNERS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 005803

Geography

  • Assessors Map Reference: MAP #130M
  • District: FAR
  • Parcel: 130ML023
  • Lot: 23
  • Municipality: FARRAGUT
  • Latitude: 35.896
  • Longitude: -84.1568

    Address

  • Full Address: 11328 Fords Cove Ln
  • Address - House Number: 11328
  • Address - Street Name: Fords Cove
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Farragut
  • Carrier Code: R098
  • 4-Digit Zip Code: 1914
  • Zip Code: 37934

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,906

    Appraisal Valuation

  • Standard Deviation: 0.2279
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 68
  • Final Value: 1,083,689
  • High Value: 1,330,748
  • Low Value: 836,629

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jan 19, 2021
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2036

    Market Valuation

  • Market Total Value: $748,000
  • Market Land Value: $84,000
  • Market Improvement Value: $664,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $187,000

    Sales

  • Current Sale Contract Date: Jan 14, 2021
  • Current Sale Recording Date: Jan 19, 2021
  • Current Sale Transaction ID: 11825222869
  • Current Sale Price: $755,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202101190057826
  • Previous Sale Recording Date: Oct 13, 2008
  • Previous Sale Contract Date: Sep 30, 2008
  • Previous Sale Amount: $77,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jan 19, 2021
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: BANKEAST
  • Previous Mortgage Transaction Date: Oct 13, 2008
  • Previous Mortgage Loan Amount: $77,000
  • Previous Mortgage Term: 4
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 29, 2009

About Farragut



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Frequently Asked Questions

What neighborhood is 11328 Fords Cove Lane located in?
The 11328 Fords Cove Lane is a house located in the neighborhood of Knox in Farragut, Knoxville.
What is the average sales price for listings in 11328 Fords Cove Lane?
The average sales price for units in 11328 Fords Cove Lane is $0 currently.

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