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1428 Marconi Drive

1428 Marconi Drive, Knoxville, TN 37909
Property in Knox
Sold Oct 28, 2021
$300,000
$240,000 by Mortgage Investors Group Inc
Mortgage Due Nov 01, 2051
Sold Oct 02, 2013
$155,000
$124,000 by Stearns Lending Inc
Mortgage Due Oct 01, 2043
1428 Marconi Drive 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 1978 and is 46 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1428 Marconi Drive has 1,744 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 full basement that is 1,144 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 3,160 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 27,268 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 detached garage for those who require parking. The garage measured 572 sqft. According to our sources, there are a total of 2 available parking spaces. 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 B 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 forced air unit and being fueled with gas. 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, 1428 Marconi Drive was last sold in Oct 27, 2021 for $300,000. According to our calculations, that's $172.02 per sqft. Prior to that sales transaction, the property was sold for $155,000 in Sep 27, 2013. Current property owners are expected to pay $2,786 in taxes per year. The property on 1428 Marconi Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $75,125. 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. 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.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

Exterior

Brick Venner Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 2000
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,144
  • Garage Type: Detached
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 27,268
  • Lot Size Depth Feet: 3,160
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,744
  • Gross Building Area: 2,288
  • Building Area: 1,744
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,744
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WEST TOWNE ESTATES
  • Land Acres: 0.626
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Surface rights (grazing, timber, coal)
  • Legal Description 1: SUBDIVISIONNAME WEST TOWNE ESTATES MAPPLATB 65S MAPPLAT P 12 DIMENSIONS 85 X 341.82 X IRR

Ownership

  • Current Owner : NAHIGIAN RICHARD W
  • Previous Owner : MERRIMAN PEGGY IRENE
  • Owner Before Previous Owner: KING MAY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 004615

Geography

  • Assessors Map Reference: MAP #106G
  • District: CIT
  • Parcel: 106GD019
  • Block: D
  • Lot: 20
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9518
  • Longitude: -84.044

    Address

  • Full Address: 1428 Marconi Dr
  • Address - House Number: 1428
  • Address - Street Name: Marconi
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C024
  • 4-Digit Zip Code: 1031
  • Zip Code: 37909

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,786

    Appraisal Valuation

  • Standard Deviation: 0.2424
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 66
  • Final Value: 372,747
  • High Value: 463,102
  • Low Value: 282,391

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Oct 28, 2021
  • First Open Lien Mortgage Loan Amount: $240,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $300,500
  • Market Land Value: $27,500
  • Market Improvement Value: $273,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,125

    Sales

  • Current Sale Contract Date: Oct 27, 2021
  • Current Sale Recording Date: Oct 28, 2021
  • Current Sale Transaction ID: 11872949875
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202110280035228
  • Previous Sale Recording Date: Oct 02, 2013
  • Previous Sale Contract Date: Sep 27, 2013
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Oct 28, 2021
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: STEARNS LENDING INC
  • Previous Mortgage Transaction Date: Oct 02, 2013
  • Previous Mortgage Loan Amount: $124,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2043

About Knoxville



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Frequently Asked Questions

What neighborhood is 1428 Marconi Drive located in?
The 1428 Marconi Drive is a located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 1428 Marconi Drive?
The average sales price for units in 1428 Marconi Drive is $0 currently.

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