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1722 Meadow Chase Lane

1722 Meadow Chase Lane, Knoxville, TN 37931
Property in Knox
Sold Mar 02, 2021
$412,000
$333,000 by Mortgage Investors Group
Mortgage Due Jan 01, 2037
Sold Mar 04, 2009
$271,821
$244,600 by Clayton Bank & Trust
Mortgage Due Feb 20, 2010
Local assessors in Knoxville, TN have categorized 1722 Meadow Chase Lane as a residential type of property. The home was built in 2002 and is 22 years old. It was most recently renovated and altered in 2012. The property's lot size has been calculated to be 34,612 square feet. The linear feet between the front and back of the lot was measured at 3,108 ft and the front of the lot was measured at 523 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1722 Meadow Chase Lane has a total of 2,574 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 780 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1722 Meadow Chase Lane sold most recently in Mar 1, 2021 for a total of $412,000. If you work out the math, that's approximately a cost of $160.06 per sqft. Before that, the property was also sold for $271,821 in Feb 2, 2009. 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 $1,515 in taxes each year. 1722 Meadow Chase Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $97,500. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2002
  • Effective Year Built: 2012
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Custom
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 780
  • Parking Space Count: 3
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 34,612
  • Lot Size Depth Feet: 3,108
  • Lot Size Frontage Feet: 523
  • Total Building Area: 2,574
  • Gross Building Area: 2,852
  • Building Area: 2,574
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,574
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ATLEE FIELDS S/D UNIT 2
  • Land Acres: 0.795
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Possessory Interest (misc.)
  • Legal Description 1: SUBDIVISIONNAME ATLEE FIELDS S/D UNIT 2 MAPPLATB 200110 29 MAPPLATP 0032923 DIMENSIONS 52.27 X 310.83 X IRR

Ownership

  • Current Owner : HUTCHISON DAVID R
  • Current Owner 2: HUTCHISON JORDAN B
  • Previous Owner : BERG BARREN V
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 004606

Geography

  • Assessors Map Reference: MAP #105H
  • District: COU
  • Parcel: 105HD024
  • Lot: 108
  • Municipality: COUNTY OF KNOX
  • Latitude: 35.9504
  • Longitude: -84.1041

    Address

  • Full Address: 1722 Meadow Chase Ln
  • Legal Unit: 2
  • Address - House Number: 1722
  • Address - Street Name: Meadow Chase
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Knoxville
  • Carrier Code: R007
  • 4-Digit Zip Code: 4758
  • Zip Code: 37931

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,515

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 67
  • Final Value: 512,957
  • High Value: 631,492
  • Low Value: 394,422

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $333,000
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP
  • First Open Lien Mortgage Recording Date: Jan 05, 2022
  • First Open Lien Mortgage Loan Amount: $333,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2037

    Market Valuation

  • Market Total Value: $390,000
  • Market Land Value: $50,000
  • Market Improvement Value: $340,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,500

    Sales

  • Current Sale Contract Date: Mar 01, 2021
  • Current Sale Recording Date: Mar 02, 2021
  • Current Sale Transaction ID: 11832659892
  • Current Sale Price: $412,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202103020070843
  • Previous Sale Recording Date: Mar 04, 2009
  • Previous Sale Contract Date: Feb 02, 2009
  • Previous Sale Amount: $271,821
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Mar 02, 2021
  • First Mortgage Loan Amount: $329,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CLAYTON BANK & TRUST
  • Previous Mortgage Transaction Date: Mar 04, 2009
  • Previous Mortgage Loan Amount: $244,600
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Feb 20, 2010

About Knox



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Frequently Asked Questions

What neighborhood is 1722 Meadow Chase Lane located in?
The 1722 Meadow Chase Lane is a located in the neighborhood of Knox in Knox, Knoxville.
What is the average sales price for listings in 1722 Meadow Chase Lane?
The average sales price for units in 1722 Meadow Chase Lane is $0 currently.

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