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12313 Butternut Circle

12313 Butternut Circle, Knoxville, TN 37934
House in Knox
Sold Feb 10, 2020
$3,000
$498,000 by Mortgage Investors Group Inc
Mortgage Due May 01, 2051
Sold Jun 24, 2019
$520,000
$500,000 by Suntrust Bank
Mortgage Due Jul 01, 2049
12313 Butternut Circle has been categorized by the local assessors in Knoxville, TN as a residential type of property. The building on the property was first built in 1992 and is 32 years old. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 12313 Butternut Circle has 3,367 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,430 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 2,425 ft and across the front of the lot is 977 ft. The area measurement of the land has been determined as 29,081 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 806 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 12313 Butternut Circle was last sold in Feb 10, 2020 for $3,000. According to our calculations, that's $0.89 per sqft. Prior to that sales transaction, the property was sold for $520,000 in Jun 19, 2019. Current property owners are expected to pay $2,329 in taxes per year. The property on 12313 Butternut Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $149,850. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 1,430
  • Garage Type: Attached
  • Garage Square Area: 806
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 29,081
  • Lot Size Depth Feet: 2,425
  • Lot Size Frontage Feet: 977
  • Total Building Area: 3,367
  • Gross Building Area: 5,200
  • Building Area: 3,367
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,367
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SUGARWOOD UNIT 4 PT 115
  • Land Acres: 0.668
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Leasehold rights (misc.)
  • Legal Description 1: DIMENSIONS 182.70 X 223.22 X IRR HIGHLOT 115 LOWLOT 114 SUBDIVISIONNAME SUGARWOOD UNIT 4 MAPPLATB 90S MAPPLATP 20

Ownership

  • Current Owner : TOWN OF FARRAGUT
  • Previous Owner : YOAKUM SAMUEL A
  • Previous Owner 2: YOAKUM KIMBERLY D
  • Owner Before Previous Owner: MASTROMONACO DINA
  • Owner Before Previous Owner 2: MASTROMONACO RALPH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Assessors Map Reference: MAP #152C
  • District: FAR
  • Parcel: 152CH114
  • Block: A
  • Lot: 114
  • Municipality: FARRAGUT
  • Latitude: 35.8617
  • Longitude: -84.1844

    Address

  • Full Address: 12313 Butternut Cir
  • Legal Unit: 4
  • Address - House Number: 12313
  • Address - Street Name: Butternut
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Farragut
  • Carrier Code: R088
  • 4-Digit Zip Code: 4682
  • Zip Code: 37934

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,329

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 71
  • Final Value: 795,503
  • High Value: 964,153
  • Low Value: 626,853

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $498,000
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: May 07, 2021
  • First Open Lien Mortgage Loan Amount: $498,000
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $599,400
  • Market Land Value: $120,000
  • Market Improvement Value: $479,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,850

    Sales

  • Current Sale Contract Date: Feb 10, 2020
  • Current Sale Recording Date: Feb 10, 2020
  • Current Sale Transaction ID: 11753219475
  • Current Sale Price: $3,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202002100053004
  • Previous Sale Recording Date: Jun 24, 2019
  • Previous Sale Contract Date: Jun 19, 2019
  • Previous Sale Amount: $520,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST BANK
  • Previous Mortgage Transaction Date: Jun 24, 2019
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2049

About Farragut



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Nearby Rentals

Unit for rent at 166 Goldheart Road, Farragut, TN, 37934

$3,200 /mo

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166 Goldheart Road #166 Goldheart Road, Farragut, TN, 37934 Listing by Manager

Frequently Asked Questions

What neighborhood is 12313 Butternut Circle located in?
The 12313 Butternut Circle is a house located in the neighborhood of Knox in Farragut, Knoxville.
What is the average sales price for listings in 12313 Butternut Circle?
The average sales price for units in 12313 Butternut Circle is $0 currently.

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