See Home Value
Farragut 37934
12032 Butternut Lane
$739,900*
House - Off Market

12032 Butternut Lane

Knoxville, TN 37934
bedrooms
4 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
3600 Sqft
$666,000 - $812,000
Reference Base Price*
0.00%
Since Dec 1, 2023
National-US
Primary Model
Sold Oct 26, 2023
$729,000
$692,550 by Lower, Llc
Mortgage Due Nov 01, 2053
Sold Jul 11, 2017
$370,000
$296,000 by Mortgage Investors Group Inc
Mortgage Due Aug 01, 2047

About This Property

This impressive Farragut home features a brand new swimming pool and updates throughout. As you enter the traditional foyer, you immediately see the formal Dining Room and Living Room on either side of you. Just through the foyer, the Den/Family room features a brick fireplace and back door leading to a fully fenced in yard, great for entertaining, lounging, or cooking out. The Kitchen features a cozy breakfast nook, island, pantry, and another back door leading to the patio/swimming pool. At the top of the kitchen stairwell is a massive bonus room (or 4th bedroom) which would make a great recreational room, home theatre, or guest quarters. Master Suite with Master Bath sits at the top of the foyer staircase with the 2nd and 3rd bedrooms down the hall, sharing a bathroom with double vanity. Additional features include a large mudroom/laundry room and a side entrance 2-car garage with space for storage or a workshop. This home is a MUST SEE.

The manager has listed the unit size as 3600 square feet.
Unit Size
3,600Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$206
Property Type
House
Property Taxes
$1,872
HOA Dues
$425
Year Built
1986

Price History

Date / Event Date Event Price
Nov 2, 2023 No longer available -
No longer available
Oct 26, 2023 Sold to Michael Young $729,000
Sold to Michael Young
Sep 11, 2023 In contract -
In contract
Sep 6, 2023 Relisted $739,900
Relisted
Aug 30, 2023 In contract -
In contract
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1990
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 768
  • Parking Space Count: 3
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 17,996
  • Lot Size Depth Feet: 1,512
  • Lot Size Frontage Feet: 1,848
  • Total Building Area: 3,092
  • Gross Building Area: 3,476
  • Building Area: 3,092
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,092
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SUGARWOOD UNIT 3
  • Land Acres: 0.413
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Leasehold rights (misc.)
  • Legal Description 1: SUBDIVISIONNAME SUGARWOOD UNIT 3 MAPPLATB 86S MAPPLATP 45 DIMENSIONS 184.79 X 151.18 X IRR

Ownership

  • Current Owner : YOUNG MICHAEL
  • Previous Owner : WATSON JAMES C
  • Previous Owner 2: WATSON MIRIAM E
  • Owner Before Previous Owner: MURASKIN DAVID J
  • Owner Before Previous Owner 2: MURASKIN PATRICIA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 005813

Geography

  • Assessors Map Reference: MAP #152G
  • District: FAR
  • Parcel: 152GA007
  • Block: C
  • Lot: 27
  • Municipality: FARRAGUT
  • Latitude: 35.8664
  • Longitude: -84.1828

    Address

  • Full Address: 12032 Butternut Ln
  • Legal Unit: 3
  • Address - House Number: 12032
  • Address - Street Name: Butternut
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Farragut
  • Carrier Code: R147
  • 4-Digit Zip Code: 6655
  • Zip Code: 37934

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 71
  • Final Value: 707,830
  • High Value: 857,893
  • Low Value: 557,767

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $692,550
  • First Open Lien Mortgage Lender: LOWER, LLC
  • First Open Lien Mortgage Recording Date: Oct 26, 2023
  • First Open Lien Mortgage Loan Amount: $692,550
  • 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: Nov 01, 2053

    Market Valuation

  • Market Total Value: $481,800
  • Market Land Value: $60,000
  • Market Improvement Value: $421,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $120,450

    Sales

  • Current Sale Contract Date: Oct 24, 2023
  • Current Sale Recording Date: Oct 26, 2023
  • Current Sale Transaction ID: 11915171625
  • Current Sale Price: $729,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21638
  • Previous Sale Recording Date: Jul 11, 2017
  • Previous Sale Contract Date: Jul 07, 2017
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOWER, LLC
  • First Mortgage Transaction Date: Oct 26, 2023
  • First Mortgage Loan Amount: $692,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • Previous Mortgage Transaction Date: Jul 11, 2017
  • Previous Mortgage Loan Amount: $296,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2047



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2.5 Baths
3,009 ft²
$233/ft²
$699,900 Jun 24, 2023
-
$2,030/mo
House
5 Beds
3 Baths
3,103 ft²
$226/ft²
$699,900 Jul 22, 2023
-
$1,885/mo

About Farragut


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Frequently Asked Questions

When was property at 12032 Butternut Lane built and last sold?
The property at 12032 Butternut Lane was built in 1986 and last sold on Oct 24, 2023 for $729,000.
How much is this home worth?
The estimated value of the home located at 12032 Butternut Lane is $747,299.
What are some comparable homes to 12032 Butternut Lane?
There are currently no comparable homes to 12032 Butternut Lane.

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