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2012 Locarno Drive

2012 Locarno Drive, Knoxville, TN 37914
Condo in Knox
Sold May 03, 2019
$147,000
$77,000 by Keystone Mortgage Group Llc
Mortgage Due May 01, 2049
Sold Sep 26, 2002
$126,000
2012 Locarno Drive is a condo located in Knox, Knoxville. The building was first built in 1996 and is 28 years old. The lot that the building was built on is 440 feet wide and 1,230 feet long. In total, 2012 Locarno Drive has a total floor area of 1,302 square feet. 2012 Locarno Drive has a total of 1 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 1 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 43 days and tend to sell above the original asking price of $142,500 by 3.16%. Meaning, listings tend to sell at a median of $86 price per square foot. The transaction that took the longest to complete was listed on Mar 20, 2019 for $142,500. This particular unit ultimately sold 43 days later for $147,000. The most recent transaction which was first advertised on Mar 20, 2019, sold for $147,000 on May 03, 2019. Fun fact, the oldest transaction we have on record took place on May 03, 2019. See the full transaction history for 2012 Locarno Drive below.

Knox, where 2012 Locarno Drive is located, has a median asking price of $292,500 for condo buildings. Meanwhile, the building itself has a median asking price of $142,500. For interested buyers, that means the building's median asking price is around 0.51% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. 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: 1996
  • Effective Year Built: 2005
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Rock and stone
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 546
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,496
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 440
  • Total Building Area: 1,302
  • Gross Building Area: 1,302
  • Building Area: 1,302
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,302
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BUFFAT TRACE
  • Land Acres: 0.126
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Royalty interest
  • Legal Description 1: SUBDIVISIONNAME BUFFAT TRACE MAPPLATB M317D MAPPLATP N9 -A DIMENSIONS 44 X 122.97 X IRR

Ownership

  • Current Owner : MYERS LINDA C
  • Current Owner 2: STARNES AMANDA K
  • Previous Owner : PIERCE CAROL A
  • Owner Before Previous Owner: LEWALLEN GERALDINE FRANCES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 003100

Geography

  • Assessors Map Reference: MAP #60P
  • District: CIT
  • Parcel: 060PE050
  • Lot: 50
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 36.0264
  • Longitude: -83.8663

    Address

  • Full Address: 2012 Locarno Dr
  • Address - House Number: 2012
  • Address - Street Name: Locarno
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C088
  • 4-Digit Zip Code: 2821
  • Zip Code: 37914

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,801

    Appraisal Valuation

  • Standard Deviation: 0.2601
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 63
  • Final Value: 292,108
  • High Value: 368,103
  • Low Value: 216,112

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $77,000
  • First Open Lien Mortgage Lender: KEYSTONE MORTGAGE GROUP LLC
  • First Open Lien Mortgage Recording Date: May 03, 2019
  • First Open Lien Mortgage Loan Amount: $77,000
  • 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, 2049

    Market Valuation

  • Market Total Value: $194,200
  • Market Land Value: $5,000
  • Market Improvement Value: $189,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,550

    Sales

  • Current Sale Contract Date: Apr 30, 2019
  • Current Sale Recording Date: May 03, 2019
  • Current Sale Transaction ID: 11614182601
  • Current Sale Price: $147,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201905030064621
  • Previous Sale Recording Date: Sep 26, 2002
  • Previous Sale Contract Date: Sep 24, 2002
  • Previous Sale Amount: $126,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEYSTONE MORTGAGE GROUP LLC
  • First Mortgage Transaction Date: May 03, 2019
  • First Mortgage Loan Amount: $77,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

About Knoxville



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Nearby Rentals

Unit for rent at 5021 Magic Lantern Drive, Knoxville, TN, 37918

$2,700 /mo

  • 3 Beds
  • 2.5 Baths
  • 3,073 ft²
5021 Magic Lantern Drive, Knoxville, TN, 37918 Listing by Renee Andrews

Frequently Asked Questions

What neighborhood is 2012 Locarno Drive located in?
The 2012 Locarno Drive is a condo located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 2012 Locarno Drive?
The average sales price for units in 2012 Locarno Drive is $142,500 , or $86/sqft. currently.

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