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2001 East 5th Avenue

2001 East 5th Avenue, Knoxville, TN 37917
Multifamily in Parkridge
Local assessors in Knoxville, TN have categorized 2001 East 5th Avenue 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 1995. The property's lot size has been calculated to be 7,492 square feet. The linear feet between the front and back of the lot was measured at 150 ft and the front of the lot was measured at 50 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 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 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2001 East 5th Avenue has a total of 4,386 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 1,462 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. Do you like to entertain? The home has a open 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 average. 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. 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, 2001 East 5th Avenue sold most recently in Apr 25, 2002 for a total of $56,000. If you work out the math, that's approximately a cost of $12.77 per sqft. Before that, the property was also sold for $40,000 in Jan 1, 1970. 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 $4,848 in taxes each year. 2001 East 5th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $130,680. 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. 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.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
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210525
05/25/2021
Studio
-
2924 ft²
$352,500
bedrooms
Studio
bathrooms
-
square feet
2924 ft²
-
-
-
Lisa Axley
Realty Executives Associates

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1995
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,462
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,492
  • Lot Size Depth Feet: 150
  • Lot Size Frontage Feet: 50
  • Total Building Area: 4,386
  • Gross Building Area: 4,386
  • Building Area: 4,386
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 4,386
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SHIELDS ADD RESUB
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: SUBDIVISIONNAME SHIELDS ADD RESUB MAPPLATB 20030114 MAP PLATP 0061469 DIMENSIONS 50 X 150 X IRR

Ownership

  • Current Owner : ROTH JOHN F
  • Current Owner 2: ROTH RANDALL L
  • Previous Owner : SUMNER GARY W
  • Owner Before Previous Owner: BENNETT JAMES R
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 006700

Geography

  • Assessors Map Reference: MAP #82O
  • District: CIT
  • Parcel: 082OB042
  • Lot: 309R
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9811
  • Longitude: -83.9049

    Address

  • Full Address: 2001 E 5th Ave
  • Address - House Number: 2001
  • Street Direction: E
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C095
  • 4-Digit Zip Code: 7915
  • Zip Code: 37917

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,848

    Appraisal Valuation

  • Standard Deviation: 0.1943
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 74
  • Final Value: 417,016
  • High Value: 498,076
  • Low Value: 335,956

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $506,250
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Feb 08, 2022
  • First Open Lien Mortgage Loan Amount: $506,250
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jan 05, 2027

    Market Valuation

  • Market Total Value: $326,700
  • Market Land Value: $12,500
  • Market Improvement Value: $314,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,680

    Sales

  • Current Sale Contract Date: Apr 25, 2002
  • Current Sale Recording Date: May 02, 2002
  • Current Sale Transaction ID: 1111576616
  • Current Sale Price: $56,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200205020090669
  • Previous Sale Recording Date: Oct 29, 1996
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Deed

About Parkridge



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Nearby Rentals

Unit for rent at

$1,850 /mo

  • 1 Bed
  • 1 Bath
  • 809 ft²
Listing by Manager
Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
  • 805 ft²
Listing by Manager
Unit for rent at

$1,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,404 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 2001 East 5th Avenue located in?
The 2001 East 5th Avenue is a multifamily located in the neighborhood of Parkridge in Parkridge, Knoxville.
What is the average sales price for listings in 2001 East 5th Avenue?
The average sales price for units in 2001 East 5th Avenue is $0 currently.

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