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2221 Martin Luther King Jr Avenue

2221 Martin Luther King Jr Avenue, Knoxville, TN 37915
House in Knox
Sold Aug 13, 2021
$158,000
$126,400 by Mortgage Investors Group Inc
Mortgage Due Sep 01, 2051
Sold May 07, 2019
$91,000
2221 Martin Luther King Jr Avenue in Knoxville, TN was first built in 1920 and is 104 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2221 Martin Luther King Jr Avenue has 1,184 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 64 ft and the linear feet between the front and back of the lot is 172. In total, the area measurement of the land is 11,021 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and 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, 2221 Martin Luther King Jr Avenue sold most recently in Aug 5, 2021 for a total of $158,000. If you work out the math, that's approximately a cost of $133.45 per sqft. Before that, the property was also sold for $91,000 in Apr 30, 2019. 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 $1,435 in taxes each year. 2221 Martin Luther King Jr Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $38,675. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 2000
  • 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: Traditional
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,021
  • Lot Size Depth Feet: 172
  • Lot Size Frontage Feet: 64
  • Total Building Area: 1,184
  • Gross Building Area: 1,184
  • Building Area: 1,184
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,184
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: H B WETZELL & CO ADD
  • Land Acres: 0.253
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: SUBDIVISIONNAME H B WETZELL & CO ADD MAPPLATB 4 MAPPLAT P 62 DIMENSIONS 65.71 X 166.61 X IRR

Ownership

  • Current Owner : CLAIR WILLIAM W ST
  • Previous Owner : MOTZ ADAM
  • Previous Owner 2: MOTZ NANNETTE
  • Owner Before Previous Owner: JU CHUNSHENG
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Assessors Map Reference: MAP #82O
  • District: CIT
  • Parcel: 082OL024
  • Lot: 31
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9784
  • Longitude: -83.8989

    Address

  • Full Address: 2221 Martin Luther King Jr Ave
  • Address - House Number: 2221
  • Address - Street Name: Martin Luther King Jr
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C050
  • 4-Digit Zip Code: 1511
  • Zip Code: 37915

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,435

    Appraisal Valuation

  • Standard Deviation: 0.261
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 62
  • Final Value: 242,058
  • High Value: 305,246
  • Low Value: 178,870

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $126,400
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Aug 13, 2021
  • First Open Lien Mortgage Loan Amount: $126,400
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $154,700
  • Market Land Value: $2,700
  • Market Improvement Value: $152,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,675

    Sales

  • Current Sale Contract Date: Aug 05, 2021
  • Current Sale Recording Date: Aug 13, 2021
  • Current Sale Transaction ID: 11854092610
  • Current Sale Price: $158,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202108130012918
  • Previous Sale Recording Date: May 07, 2019
  • Previous Sale Contract Date: Apr 30, 2019
  • Previous Sale Amount: $91,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Aug 13, 2021
  • First Mortgage Loan Amount: $126,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

About Knoxville



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Frequently Asked Questions

What neighborhood is 2221 Martin Luther King Jr Avenue located in?
The 2221 Martin Luther King Jr Avenue is a house located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 2221 Martin Luther King Jr Avenue?
The average sales price for units in 2221 Martin Luther King Jr Avenue is $0 currently.

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