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202 Locust Hill Lane

202 Locust Hill Lane, Knoxville, TN 37920
Property in Knox
Sold Feb 02, 2022
$250,000
$242,500 by Princeton Mortgage Corporation
Mortgage Due Feb 01, 2052
Sold Jul 12, 2021
$165,000
202 Locust Hill Lane has been categorized by the local assessors in Knoxville, TN as a residential type of property. The building on the property was first built in 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 2010. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 202 Locust Hill Lane has 1,302 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,302 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 212 ft and across the front of the lot is 97 ft. The area measurement of the land has been determined as 20,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of unknown. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 202 Locust Hill Lane was last sold in Jan 28, 2022 for $250,000. According to our calculations, that's $192.01 per sqft. Prior to that sales transaction, the property was sold for $165,000 in Jul 9, 2021. Current property owners are expected to pay $2,263 in taxes per year. The property on 202 Locust Hill Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $61,000. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Block Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • 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: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,302
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 20,560
  • Lot Size Depth Feet: 212
  • Lot Size Frontage Feet: 97
  • Total Building Area: 1,302
  • Gross Building Area: 2,604
  • 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: HENNING
  • Land Acres: 0.472
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Surface rights (grazing, timber, coal)
  • Legal Description 1: SUBDIVISIONNAME HENNING MAPPLATB 13 MAPPLATP 145 DIMENS IONS 100 X 241 X IRR

Ownership

  • Current Owner : SMITH BRENTON
  • Previous Owner : JIM CAUGHORN
  • Owner Before Previous Owner: HILL LYNETTE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 002300

Geography

  • Assessors Map Reference: MAP #123F
  • District: CIT
  • Parcel: 123FB010
  • Lot: 4
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9267
  • Longitude: -83.8876

    Address

  • Full Address: 202 Locust Hill Ln
  • Address - House Number: 202
  • Address - Street Name: Locust Hill
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C080
  • 4-Digit Zip Code: 5187
  • Zip Code: 37920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,263

    Appraisal Valuation

  • Standard Deviation: 0.2377
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 66
  • Final Value: 317,073
  • High Value: 392,473
  • Low Value: 241,673

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $242,500
  • First Open Lien Mortgage Lender: PRINCETON MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Feb 02, 2022
  • First Open Lien Mortgage Loan Amount: $242,500
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $244,000
  • Market Land Value: $10,300
  • Market Improvement Value: $233,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,000

    Sales

  • Current Sale Contract Date: Jan 28, 2022
  • Current Sale Recording Date: Feb 02, 2022
  • Current Sale Transaction ID: 11882056076
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 60038
  • Previous Sale Recording Date: Jul 12, 2021
  • Previous Sale Contract Date: Jul 09, 2021
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRINCETON MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Feb 02, 2022
  • First Mortgage Loan Amount: $242,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

About Knoxville



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Frequently Asked Questions

What neighborhood is 202 Locust Hill Lane located in?
The 202 Locust Hill Lane is a located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 202 Locust Hill Lane?
The average sales price for units in 202 Locust Hill Lane is $0 currently.

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