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1504 Bailey Park Lane

1504 Bailey Park Lane, Knoxville, TN 37922
House in Knox
Sold Mar 19, 2019
$300,000
$282,000 by Regions Bank
Mortgage Due May 01, 2051
Sold May 21, 2013
$279,000
$273,946 by The Home Lending Group Llc
Mortgage Due Jun 01, 2043
1504 Bailey Park Lane 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 2004 and is 20 years old. However, we must point out that the home was most recently renovated and altered in 2010. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1504 Bailey Park Lane has 2,835 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 1,637 ft and across the front of the lot is 535 ft. The area measurement of the land has been determined as 10,244 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 440 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a screened 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 C 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. 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, 1504 Bailey Park Lane was last sold in Mar 15, 2019 for $300,000. According to our calculations, that's $105.82 per sqft. Prior to that sales transaction, the property was sold for $279,000 in May 17, 2013. Current property owners are expected to pay $1,514 in taxes per year. The property on 1504 Bailey Park Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $97,400. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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 Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2010
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Contemporary
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 10,244
  • Lot Size Depth Feet: 1,637
  • Lot Size Frontage Feet: 535
  • Total Building Area: 2,835
  • Gross Building Area: 2,918
  • Building Area: 2,835
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,835
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BAILEY PARK S/D
  • Land Acres: 0.235
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Leasehold rights (misc.)
  • Legal Description 1: SUBDIVISIONNAME BAILEY PARK S/D MAPPLATB 20030224 MAPPL ATP 0074415 DIMENSIONS 53.46 X 163.68 X IRR

Ownership

  • Current Owner : WHITE ANDREW J
  • Current Owner 2: CORNWELL KAREN E
  • Previous Owner : FAGLANA THOMAS M
  • Owner Before Previous Owner: HARRIGAN TERRANCE F
  • Owner Before Previous Owner 2: HARRIGAN JANET S

Neighborhood

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

Geography

  • Assessors Map Reference: MAP #169C
  • District: COU
  • Parcel: 169CA016
  • Lot: 16
  • Municipality: COUNTY OF KNOX
  • Latitude: 35.8289
  • Longitude: -84.1704

    Address

  • Full Address: 1504 Bailey Park Ln
  • Address - House Number: 1504
  • Address - Street Name: Bailey Park
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Knoxville
  • Carrier Code: R130
  • 4-Digit Zip Code: 5584
  • Zip Code: 37922

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,514

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 71
  • Final Value: 558,352
  • High Value: 676,740
  • Low Value: 439,964

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $282,000
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: May 11, 2021
  • First Open Lien Mortgage Loan Amount: $282,000
  • 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: $389,600
  • Market Land Value: $55,000
  • Market Improvement Value: $334,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,400

    Sales

  • Current Sale Contract Date: Mar 15, 2019
  • Current Sale Recording Date: Mar 19, 2019
  • Current Sale Transaction ID: 11602228926
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201903190054563
  • Previous Sale Recording Date: May 21, 2013
  • Previous Sale Contract Date: May 17, 2013
  • Previous Sale Amount: $279,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF TENNESSEE
  • First Mortgage Transaction Date: Mar 19, 2019
  • First Mortgage Loan Amount: $285,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: THE HOME LENDING GROUP LLC
  • Previous Mortgage Transaction Date: May 21, 2013
  • Previous Mortgage Loan Amount: $273,946
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2043

About Knox



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Frequently Asked Questions

What neighborhood is 1504 Bailey Park Lane located in?
The 1504 Bailey Park Lane is a house located in the neighborhood of Knox in Knox, Knoxville.
What is the average sales price for listings in 1504 Bailey Park Lane?
The average sales price for units in 1504 Bailey Park Lane is $0 currently.

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