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2428 Belvedere Avenue

2428 Belvedere Avenue, Knoxville, TN 37920
Multifamily in South Knoxville
2428 Belvedere Avenue in Knoxville, TN was first built in 1968 and is 56 years old. Although, the building on the property was most recently renovated and altered in 1990. This has been categorized as a residential property type. It is a single story home. The linear feet across the front of the lot is 106 ft and the linear feet between the front and back of the lot is 176. In total, the area measurement of the land is 18,656 square feet.

Learn more about the property and building on this page. 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. As for heating, the home is utilizing a steam heating system and being fueled with gas. The property was last sold in Jul 13, 2023 for $1,180,000. That's $193.38 per sqft. Prior to that sales transaction, the property was also sold in Dec 20, 2021 for $4,615,000. 2428 Belvedere Avenue was last assessed in 2023. The total value of the property was assessed at $133,320. 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 $4,946. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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

Brick Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200131
01/31/2020
Studio
-
7830 ft²
$550,000
bedrooms
Studio
bathrooms
-
square feet
7830 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1990
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 3,051
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,656
  • Lot Size Depth Feet: 176
  • Lot Size Frontage Feet: 106
  • Total Building Area: 6,102
  • Gross Building Area: 6,102
  • Building Area: 6,102
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Steam
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GENE CLARK BUILDER
  • Land Acres: 0.428
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: SUBDIVISIONNAME GENE CLARK BUILDER MAPPLATB 51-L MAPPLA TP 8 DIMENSIONS 106.2 X 176.55 X IRR

Ownership

  • Current Owner : NEXUS PARTNERS LLC
  • Previous Owner : 1008 HOLDINGS 2022 LLC
  • Owner Before Previous Owner: JFS HOMES GP
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Assessors Map Reference: MAP #G
  • District: CIT
  • Parcel: 109DG006
  • Lot: 1
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9508
  • Longitude: -83.878

    Address

  • Full Address: 2428 Belvedere Ave
  • Address - House Number: 2428
  • Address - Street Name: Belvedere
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C072
  • 4-Digit Zip Code: 3671
  • Zip Code: 37920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,946

    Appraisal Valuation

  • Standard Deviation: 0.4992
  • Valuation Date: Dec 06, 2023
  • Final Value: 451,737
  • High Value: 677,246
  • Low Value: 226,227

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,223,984
  • First Open Lien Mortgage Lender: BUILTWELL BANK
  • First Open Lien Mortgage Recording Date: Jul 20, 2023
  • First Open Lien Mortgage Loan Amount: $1,223,984
  • First Open Lien Mortgage Term: 36
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 15, 2026

    Market Valuation

  • Market Total Value: $333,300
  • Market Land Value: $48,800
  • Market Improvement Value: $284,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,320

    Sales

  • Current Sale Contract Date: Jul 13, 2023
  • Current Sale Recording Date: Jul 20, 2023
  • Current Sale Transaction ID: 11909552036
  • Current Sale Price: $1,180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3449
  • Previous Sale Recording Date: Dec 29, 2021
  • Previous Sale Contract Date: Dec 20, 2021
  • Previous Sale Amount: $4,615,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BUILTWELL BANK
  • First Mortgage Transaction Date: Jul 20, 2023
  • First Mortgage Loan Amount: $1,223,984
  • First Mortgage Terms: 36
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 15, 2026

About South Knoxville



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Nearby Rentals

Unit for rent at

$1,570 /mo

  • 3 Beds
  • 1 Bath
  • 1,245 ft²
Listing by Manager
Unit for rent at

$1,550 /mo

  • 3 Beds
  • 2 Baths
  • 1,240 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 2428 Belvedere Avenue located in?
The 2428 Belvedere Avenue is a multifamily located in the neighborhood of South Knoxville in South Knoxville, Knoxville.
What is the average sales price for listings in 2428 Belvedere Avenue?
The average sales price for units in 2428 Belvedere Avenue is $0 currently.

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