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2435 East 5th Avenue

2435 East 5th Avenue, Knoxville, TN 37917
House in Parkridge
Sold Nov 12, 2019
$155,500
$150,835 by Mortgage Investors Group Inc
Mortgage Due Dec 01, 2049
Sold Aug 23, 2018
$50,000
2435 East 5th Avenue 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 1945 and is 79 years old. However, we must point out that the home was most recently renovated and altered in 2005. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2435 East 5th Avenue has 1,172 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 145 ft and across the front of the lot is 50 ft. The area measurement of the land has been determined as 7,231 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 336 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as good. 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 brick. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Nov 8, 2019 for $155,500. That's $132.68 per sqft. Prior to that sales transaction, the property was also sold in Aug 21, 2018 for $50,000. 2435 East 5th Avenue was last assessed in 2023. The total value of the property was assessed at $40,025. 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 $1,485. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 2005
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,231
  • Lot Size Depth Feet: 145
  • Lot Size Frontage Feet: 50
  • Total Building Area: 1,172
  • Gross Building Area: 1,172
  • Building Area: 1,172
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,172
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: COLD SPRINGS ADD
  • Land Acres: 0.166
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: SUBDIVISIONNAME COLD SPRINGS ADD MAPPLATB 3 MAPPLATP 10 6 DIMENSIONS 50 X 145

Ownership

  • Current Owner : PREWITT JORDAN T
  • Previous Owner : LONG SISTERS LLC
  • Owner Before Previous Owner: HARSHAW DARRYL D
  • Owner Before Previous Owner 2: HARSHAW CYNTHIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 006700

Geography

  • Assessors Map Reference: MAP #82J
  • District: CIT
  • Parcel: 082JP024
  • Block: L
  • Lot: 10
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9852
  • Longitude: -83.8983

    Address

  • Full Address: 2435 E 5th Ave
  • Address - House Number: 2435
  • Street Direction: E
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C095
  • 4-Digit Zip Code: 8206
  • Zip Code: 37917

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,485

    Appraisal Valuation

  • Standard Deviation: 0.2597
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 63
  • Final Value: 254,839
  • High Value: 321,024
  • Low Value: 188,655

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,835
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Nov 12, 2019
  • First Open Lien Mortgage Loan Amount: $150,835
  • 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: Dec 01, 2049

    Market Valuation

  • Market Total Value: $160,100
  • Market Land Value: $5,400
  • Market Improvement Value: $154,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,025

    Sales

  • Current Sale Contract Date: Nov 08, 2019
  • Current Sale Recording Date: Nov 12, 2019
  • Current Sale Transaction ID: 11707627774
  • Current Sale Price: $155,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201911120032793
  • Previous Sale Recording Date: Aug 23, 2018
  • Previous Sale Contract Date: Aug 21, 2018
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Nov 12, 2019
  • First Mortgage Loan Amount: $150,835
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

About Parkridge



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Frequently Asked Questions

What neighborhood is 2435 East 5th Avenue located in?
The 2435 East 5th Avenue is a house located in the neighborhood of Parkridge in Parkridge, Knoxville.
What is the average sales price for listings in 2435 East 5th Avenue?
The average sales price for units in 2435 East 5th Avenue is $0 currently.

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