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1303 West 4th Avenue

1303 West 4th Avenue, Knoxville, TN 37921
Sold Sep 28, 2023
$100,000
$175,111 by Commercial Bank
Mortgage Due Sep 22, 2028
Sold May 07, 2018
$40,000
1303 West 4th Avenue 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 1900 and is 124 years old. However, we must point out that the home was most recently renovated and altered in 1985. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1303 West 4th Avenue has 980 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 125 ft and across the front of the lot is 50 ft. The area measurement of the land has been determined as 6,229 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. 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 D by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of unknown. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. 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. 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, 1303 West 4th Avenue sold most recently in Sep 22, 2023 for a total of $100,000. If you work out the math, that's approximately a cost of $102.04 per sqft. Before that, the property was also sold for $40,000 in Apr 30, 2018. 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 $523 in taxes each year. The initial year of tax delinquency occurred in 2022. 1303 West 4th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $14,100. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1985
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Other
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,229
  • Lot Size Depth Feet: 125
  • Lot Size Frontage Feet: 50
  • Total Building Area: 980
  • Gross Building Area: 980
  • Building Area: 980
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 980
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MCGHEES
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential (assumed)
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: SUBDIVISIONNAME MCGHEES MAPPLATB 5 MAPPLATP 285 DIMENSI ONS 50 X 125

Ownership

  • Current Owner : CASTILLO HOMES LLC
  • Previous Owner : HAMPTON ROGER
  • Previous Owner 2: HAMPTON ELIZABETH
  • Owner Before Previous Owner: MINISTRIES WATER ANGEL
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 007000

Geography

  • Assessors Map Reference: MAP #94F
  • District: CIT
  • Parcel: 094FD005
  • Lot: 48
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9728
  • Longitude: -83.9335

    Address

  • Full Address: 1303 W 4th Ave
  • Address - House Number: 1303
  • Street Direction: W
  • Address - Street Name: 4th
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C074
  • 4-Digit Zip Code: 3516
  • Zip Code: 37921

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $523
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2321
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 67
  • Final Value: 95,627
  • High Value: 117,828
  • Low Value: 73,425

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,111
  • First Open Lien Mortgage Lender: COMMERCIAL BANK
  • First Open Lien Mortgage Recording Date: Sep 28, 2023
  • First Open Lien Mortgage Loan Amount: $175,111
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 22, 2028

    Market Valuation

  • Market Total Value: $56,400
  • Market Land Value: $4,100
  • Market Improvement Value: $52,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,100

    Sales

  • Current Sale Contract Date: Sep 22, 2023
  • Current Sale Recording Date: Sep 28, 2023
  • Current Sale Transaction ID: 11913804527
  • Current Sale Price: $100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16857
  • Previous Sale Recording Date: May 07, 2018
  • Previous Sale Contract Date: Apr 30, 2018
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMERCIAL BANK
  • First Mortgage Transaction Date: Sep 28, 2023
  • First Mortgage Loan Amount: $175,111
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 22, 2028

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Frequently Asked Questions

What neighborhood is 1303 West 4th Avenue located in?
The 1303 West 4th Avenue is a house located in the neighborhood of Mechanicsville in Mechanicsville, Knoxville.
What is the average sales price for listings in 1303 West 4th Avenue?
The average sales price for units in 1303 West 4th Avenue is $0 currently.

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