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2228 Madison Ridge Lane

2228 Madison Ridge Lane, Knoxville, TN 37912
House in Knox
Sold Mar 04, 2021
$139,000
$136,482 by Mortgage Investors Group Inc
Mortgage Due Mar 01, 2051
Sold May 04, 2017
$103,000
$103,000 by Sierra Pacific Mortgage Co Inc
Mortgage Due May 01, 2047
Local assessors in Knoxville, TN have categorized 2228 Madison Ridge Lane as a residential type of property. The home was built in 1960 and is 64 years old. It was most recently renovated and altered in 1989. The property's lot size has been calculated to be 14,985 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 100 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2228 Madison Ridge Lane has a total of 1,040 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 364 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a screened 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 unknown 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 heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Feb 26, 2021 for $139,000. That's $133.65 per sqft. Prior to that sales transaction, the property was also sold in Apr 27, 2017 for $103,000. 2228 Madison Ridge Lane was last assessed in 2023. The total value of the property was assessed at $34,925. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,296. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Block Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1989
  • Total Rooms: 5
  • 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: Building with no basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 364
  • Parking Space Count: 4
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 14,985
  • Lot Size Depth Feet: 150
  • Lot Size Frontage Feet: 100
  • Total Building Area: 1,040
  • Gross Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,040
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BRADSHAW GDNS ADD
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Surface rights (grazing, timber, coal)
  • Legal Description 1: SUBDIVISIONNAME BRADSHAW GDNS ADD MAPPLATB 9 MAPPLATP 5 7 DIMENSIONS 100 X 150

Ownership

  • Current Owner : BATTISTA MADISON C
  • Previous Owner : ELY WILLIAM
  • Previous Owner 2: ELY ELIZABETH M
  • Owner Before Previous Owner: WILKERSON GREGORY E
  • Owner Before Previous Owner 2: WILKERSON JENNIFER A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 003901

Geography

  • Assessors Map Reference: MAP #80K
  • District: CIT
  • Parcel: 080KD033
  • Block: D
  • Lot: 4&5
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9865
  • Longitude: -83.9805

    Address

  • Full Address: 2228 Madison Rd
  • Address - House Number: 2228
  • Address - Street Name: Madison
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C002
  • 4-Digit Zip Code: 5823
  • Zip Code: 37912

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,296

    Appraisal Valuation

  • Standard Deviation: 0.251
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 64
  • Final Value: 230,515
  • High Value: 288,385
  • Low Value: 172,646

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $142,482
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Mar 04, 2021
  • First Open Lien Mortgage Loan Amount: $136,482
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051
  • Second Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • Second Open Lien Mortgage Recording Date: Mar 04, 2021
  • Second Open Lien Mortgage Loan Amount: $6,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2036

    Market Valuation

  • Market Total Value: $139,700
  • Market Land Value: $16,000
  • Market Improvement Value: $123,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,925

    Sales

  • Current Sale Contract Date: Feb 26, 2021
  • Current Sale Recording Date: Mar 04, 2021
  • Current Sale Transaction ID: 11832657008
  • Current Sale Price: $139,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202103040071672
  • Previous Sale Recording Date: May 04, 2017
  • Previous Sale Contract Date: Apr 27, 2017
  • Previous Sale Amount: $103,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Mar 04, 2021
  • First Mortgage Loan Amount: $136,482
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SIERRA PACIFIC MORTGAGE CO INC
  • Previous Mortgage Transaction Date: May 04, 2017
  • Previous Mortgage Loan Amount: $103,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: May 01, 2047

About Knoxville



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Frequently Asked Questions

What neighborhood is 2228 Madison Ridge Lane located in?
The 2228 Madison Ridge Lane is a house located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 2228 Madison Ridge Lane?
The average sales price for units in 2228 Madison Ridge Lane is $0 currently.

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