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1818 Prospect Place

1818 Prospect Place, Knoxville, TN 37915
House in Morningside
Sold May 19, 2020
$95,000
$90,250 by Keystone Mortgage Group Llc
Mortgage Due Jun 01, 2050
Local assessors in Knoxville, TN have categorized 1818 Prospect Place as a residential type of property. The home was built in 1940 and is 84 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 32,419 square feet. The linear feet between the front and back of the lot was measured at 1,580 ft and the front of the lot was measured at 2,150 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 is one full bathroom. There is also a partial bathroom. 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 1818 Prospect Place has a total of 1,458 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,320 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 carport for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. 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 forced air unit is the primary heating source and it is being fueled with gas. 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, 1818 Prospect Place sold most recently in May 14, 2020 for a total of $95,000. If you work out the math, that's approximately a cost of $65.16 per sqft. 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 $1,189 in taxes each year. 1818 Prospect Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $32,050. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Brick Exterior

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 2010
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,320
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 32,419
  • Lot Size Depth Feet: 1,580
  • Lot Size Frontage Feet: 2,150
  • Total Building Area: 1,458
  • Gross Building Area: 2,778
  • Building Area: 1,458
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,458
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MORNINGSIDE ADD
  • Land Acres: 0.744
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Surface rights (grazing, timber, coal)
  • Legal Description 1: SUBDIVISIONNAME MORNINGSIDE ADD MAPPLATB 7 MAPPLATP 49 DIMENSIONS 215M X 158 X IRR

Ownership

  • Current Owner : DURHAM GRACE
  • Current Owner 2: DURHAM ROY F
  • Previous Owner : IRVIN GWYNDOLYN M
  • Previous Owner 2: IRVIN GWENDOLYN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 006800

Geography

  • Assessors Map Reference: MAP #95G
  • District: CIT
  • Parcel: 095GH001
  • Block: 6
  • Lot: 1
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9681
  • Longitude: -83.8979

    Address

  • Full Address: 1818 Prospect Pl
  • Address - House Number: 1818
  • Address - Street Name: Prospect
  • Address - Suffix Type: Pl
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C004
  • 4-Digit Zip Code: 3022
  • Zip Code: 37915

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,189

    Appraisal Valuation

  • Standard Deviation: 0.261
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 62
  • Final Value: 224,822
  • High Value: 283,510
  • Low Value: 166,133

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $90,250
  • First Open Lien Mortgage Lender: KEYSTONE MORTGAGE GROUP LLC
  • First Open Lien Mortgage Recording Date: May 19, 2020
  • First Open Lien Mortgage Loan Amount: $90,250
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $128,200
  • Market Land Value: $7,500
  • Market Improvement Value: $120,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,050

    Sales

  • Current Sale Contract Date: May 14, 2020
  • Current Sale Recording Date: May 19, 2020
  • Current Sale Transaction ID: 11770939166
  • Current Sale Price: $95,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202005190076745

    Last Sale Mortgage

  • First Mortgage Lender: KEYSTONE MORTGAGE GROUP LLC
  • First Mortgage Transaction Date: May 19, 2020
  • First Mortgage Loan Amount: $90,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

About Morningside



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Frequently Asked Questions

What neighborhood is 1818 Prospect Place located in?
The 1818 Prospect Place is a house located in the neighborhood of Morningside in Morningside, Knoxville.
What is the average sales price for listings in 1818 Prospect Place?
The average sales price for units in 1818 Prospect Place is $0 currently.

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