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1616 North Broadway

1616 North Broadway, Knoxville, TN 37917
Commercial in Old North Knoxville
Sold Oct 11, 2023
$187,500
Buyer
Sold Mar 27, 2018
$45,000
Local assessors in Knoxville, TN have categorized 1616 North Broadway as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 14,418 square feet. The linear feet between the front and back of the lot was measured at 120 ft and the front of the lot was measured at 120 ft.

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. Moving onto specific details regarding the building. Our sources show that the building condition is fair. The home has been utilizing gas for fuel. 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, 1616 North Broadway was last sold in Oct 10, 2023 for $187,500. Prior to that sales transaction, the property was sold for $45,000 in Mar 23, 2018. Current property owners are expected to pay $611 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 1616 North Broadway was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $28,355. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Building Condition: Fair
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,418
  • Lot Size Depth Feet: 120
  • Lot Size Frontage Feet: 120
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.331
  • Standard Land Use Code: Parcels with improvements, use not specified
  • Legal Description 1: DIMENSIONS 120 X 120 X IRR

Ownership

  • Current Owner : GP BBB
  • Previous Owner : HITCHCOX ZANE W
  • Owner Before Previous Owner: O C ENTERPRISES INC
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 001700

Geography

  • Assessors Map Reference: MAP #81L
  • District: CIT
  • Parcel: 081LG035
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.988
  • Longitude: -83.9204

    Address

  • Full Address: 1616 N Broadway St
  • Address - House Number: 1616
  • Street Direction: N
  • Address - Street Name: Broadway
  • Address - Suffix Type: St
  • State: TN
  • City Name: Knoxville
  • Zip Code: 37917

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $611
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1859
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 75
  • Final Value: 132,292
  • High Value: 156,891
  • Low Value: 107,693

    Market Valuation

  • Market Total Value: $71,300
  • Market Land Value: $70,200
  • Market Improvement Value: $1,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,355

    Sales

  • Current Sale Contract Date: Oct 10, 2023
  • Current Sale Recording Date: Oct 11, 2023
  • Current Sale Transaction ID: 11914699409
  • Current Sale Price: $187,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 19027
  • Previous Sale Recording Date: Mar 27, 2018
  • Previous Sale Contract Date: Mar 23, 2018
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: Warranty Deed

About Old North Knoxville



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Nearby Rentals

Unit for rent at Stockyard Lofts 215 Willow Avenue, Knoxville, TN, 37915

$2,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,252 ft²
Stockyard Lofts 215 Willow Avenue #215 Willow Avenue - 316 - B2, Knoxville, TN, 37915 Listing by Manager

Frequently Asked Questions

What neighborhood is 1616 North Broadway located in?
The 1616 North Broadway is a commercial located in the neighborhood of Old North Knoxville in Old North Knoxville, Knoxville.
What is the average sales price for listings in 1616 North Broadway?
The average sales price for units in 1616 North Broadway is $0 currently.

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