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12304 Marshall Grove Lane

12304 Marshall Grove Lane, Knoxville, TN 37922
Property in Knox
Sold Aug 03, 2016
$519,000
$415,200 by Mortgage Investors Group Inc
Mortgage Due Sep 01, 2046
Sold Jun 12, 2012
$10,000
Local assessors in Knoxville, TN have categorized 12304 Marshall Grove Lane as a residential type of property. The home was built in 2013 and is 11 years old. The property's lot size has been calculated to be 19,920 square feet. The linear feet between the front and back of the lot was measured at 1,307 ft and the front of the lot was measured at 582 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 12304 Marshall Grove Lane has a total of 3,101 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 742 sqft. There are 3 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 open 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. The property was last sold in Aug 1, 2016 for $519,000. That's $167.37 per sqft. Prior to that sales transaction, the property was also sold in Jun 11, 2012 for $10,000. 12304 Marshall Grove Lane was last assessed in 2023. The total value of the property was assessed at $192,950. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,998. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • 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: 742
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 19,920
  • Lot Size Depth Feet: 1,307
  • Lot Size Frontage Feet: 582
  • Total Building Area: 3,101
  • Gross Building Area: 3,409
  • Building Area: 3,101
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,101
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MONTGOMERY COVE UNIT 1 RESUB OF LOT 123R
  • Land Acres: 0.457
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Surface rights (grazing, timber, coal)
  • Legal Description 1: SUBDIVISIONNAME MONTGOMERY COVE UNIT 1 RESUB OF LOT 123 R MAPPLATB 20060302 MAPPLATP 0073520 DIMENSIONS 58.24 X 130.65 X IRR

Ownership

  • Current Owner : CHILDERS JOHN R
  • Current Owner 2: CHILDERS COURTNEY C
  • Previous Owner : BAUER BRIAN
  • Previous Owner 2: BAUER JULIE
  • Owner Before Previous Owner: MCKAY PATRICK S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 005814

Geography

  • Assessors Map Reference: MAP #162L
  • District: COU
  • Parcel: 162LA05601
  • Lot: 123R
  • Municipality: COUNTY OF KNOX
  • Latitude: 35.8367
  • Longitude: -84.1658

    Address

  • Full Address: 12304 Marshall Grove Ln
  • Legal Unit: 1
  • Address - House Number: 12304
  • Address - Street Name: Marshall Grove
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Knoxville
  • Carrier Code: R145
  • 4-Digit Zip Code: 5374
  • Zip Code: 37922

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,998

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 71
  • Final Value: 910,702
  • High Value: 1,103,799
  • Low Value: 717,605

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $415,200
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Aug 03, 2016
  • First Open Lien Mortgage Loan Amount: $415,200
  • 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: Sep 01, 2046

    Market Valuation

  • Market Total Value: $771,800
  • Market Land Value: $120,000
  • Market Improvement Value: $651,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,950

    Sales

  • Current Sale Contract Date: Aug 01, 2016
  • Current Sale Recording Date: Aug 03, 2016
  • Current Sale Transaction ID: 1805980754
  • Current Sale Price: $519,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201608030007992
  • Previous Sale Recording Date: Jun 12, 2012
  • Previous Sale Contract Date: Jun 11, 2012
  • Previous Sale Amount: $10,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Aug 03, 2016
  • First Mortgage Loan Amount: $415,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2046

About Knox



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Frequently Asked Questions

What neighborhood is 12304 Marshall Grove Lane located in?
The 12304 Marshall Grove Lane is a located in the neighborhood of Knox in Knox, Knoxville.
What is the average sales price for listings in 12304 Marshall Grove Lane?
The average sales price for units in 12304 Marshall Grove Lane is $0 currently.

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