See Home Value
$330,662*
House - Off Market

2050 Island Home Ave

Knoxville, TN 37920
bedrooms
3 Beds
bathrooms
1.5 Baths, 1 Half Bath
square feet
1210 Sqft
$293,000 - $357,000
Reference Base Price*
1.74%
Since May 1, 2023
National-US
Primary Model
Sold Apr 28, 2023
$300,000
$270,000 by Ornl Federal Credit Union
Mortgage Due May 01, 2053
Sold Oct 24, 2016
$30,000

About This Property

SELLER WILL PAY UP TO $2000.00 TOWARDS BUYERS CLOSING COSTS!!!   $500.00 TOWARDS BUYERS HOME WARRANTY!!!  Come home to your very own private sanctuary!  Near Ijams nature center and South Knoxville Airport.  Large yard and plenty of outdoor space!  Minutes from the beautiful Tennessee River and park with plenty of level, concrete trails alongside the river!  One level living!  Convenient to Downtown Knoxville and UT College!  Great South Knoxville Charm!

The manager has listed the unit size as 1210 square feet.
Unit Size
1,210Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$269
Property Type
House
Property Taxes
$779
HOA Dues
-
Year Built
1950

Price History

Date / Event Date Event Price
Apr 29, 2023 No longer available -
No longer available
Apr 28, 2023 Sold to Carson Woody, Michael Clayt... $300,000
Sold to Carson Woody, Michael Clayt...
Mar 6, 2023 In contract -
In contract
Dec 2, 2022 Price Decreased $325,000
↓ $44K (11.9%)
Price Decreased
Jun 14, 2022 Price Decreased $369,000
↓ $60K (14%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1995
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 42,384
  • Lot Size Depth Feet: 424
  • Lot Size Frontage Feet: 100
  • Total Building Area: 1,042
  • Gross Building Area: 1,042
  • Building Area: 1,042
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,042
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.973
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Surface rights (grazing, timber, coal)
  • Legal Description 1: DIMENSIONS 100 X 435 X IRR

Ownership

  • Current Owner : SCHMIDT MICHAEL CLAYTON
  • Current Owner 2: WOODY CARSON
  • Previous Owner : CARDWELL TRAVIS C
  • Previous Owner 2: CARDWELL JESSICA N
  • Owner Before Previous Owner: US BANK NA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 002200

Geography

  • Assessors Map Reference: MAP #95N
  • District: CIT
  • Parcel: 095NH024
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9558
  • Longitude: -83.8849

    Address

  • Full Address: 2050 Island Home Ave
  • Address - House Number: 2050
  • Address - Street Name: Island Home
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C072
  • 4-Digit Zip Code: 2648
  • Zip Code: 37920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $940
  • Intital Tax Deliquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 68
  • Final Value: 234,300
  • High Value: 287,636
  • Low Value: 180,964

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,000
  • First Open Lien Mortgage Lender: ORNL FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Apr 28, 2023
  • First Open Lien Mortgage Loan Amount: $270,000
  • 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, 2053

    Market Valuation

  • Market Total Value: $101,300
  • Market Land Value: $24,000
  • Market Improvement Value: $77,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,325

    Sales

  • Current Sale Contract Date: Apr 27, 2023
  • Current Sale Recording Date: Apr 28, 2023
  • Current Sale Transaction ID: 11905985735
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 57968
  • Previous Sale Recording Date: Oct 24, 2016
  • Previous Sale Contract Date: Oct 17, 2016
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ORNL FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Apr 28, 2023
  • First Mortgage Loan Amount: $270,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,276 ft²
$251/ft²
$320,000 Mar 5, 2023
-
$106/mo
House
3 Beds
2 Baths
1,125 ft²
$236/ft²
$265,000 Oct 6, 2022
-
$108/mo
House
3 Beds
2 Baths
854 ft²
$310/ft²
$264,740 Mar 10, 2023
-
$687/mo
House
3 Beds
3 Baths
2,149 ft²
$139/ft²
$299,000 Oct 26, 2022
-
$939/mo

About Island Home


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Frequently Asked Questions

When was property at 2050 Island Home Avenue built and last sold?
The property at 2050 Island Home Avenue was built in 1950 and last sold on Apr 27, 2023 for $300,000.
How much is this home worth?
The estimated value of the home located at 2050 Island Home Avenue is $328,250.
What are some comparable homes to 2050 Island Home Avenue?
There are currently no comparable homes to 2050 Island Home Avenue.

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