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2450 Woodbine Avenue

2450 Woodbine Avenue, Knoxville, TN 37917
Multifamily in Parkridge
Sold Oct 09, 2019
$160,000
$120,000 by Loandepot.com Llc
Mortgage Due Oct 01, 2039
Sold Jan 08, 2016
$45,212
2450 Woodbine 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 1910 and is 114 years old. However, we must point out that the home was most recently renovated and altered in 1992. The home has a total of 13 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 2450 Woodbine Avenue has 2,548 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. 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 average. 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 unknown. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 2450 Woodbine Avenue sold most recently in Sep 30, 2019 for a total of $160,000. If you work out the math, that's approximately a cost of $62.79 per sqft. Before that, the property was also sold for $45,212 in Jan 6, 2016. 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 $3,237 in taxes each year. 2450 Woodbine Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $87,240. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1910
  • Effective Year Built: 1992
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 15
  • 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: 7,231
  • Lot Size Depth Feet: 145
  • Lot Size Frontage Feet: 50
  • Total Building Area: 2,548
  • Gross Building Area: 2,548
  • Building Area: 2,548
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,548
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: COLD SPRINGS
  • 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 MAPPLATB 3 MAPPLATP 106 DI MENSIONS 50 X 145

Ownership

  • Current Owner : ARROYO JUAN CARLOS
  • Current Owner 2: RINEHART JAMA
  • Previous Owner : RB REALTY LLC
  • Owner Before Previous Owner: THE SECRETARY OF HUD
  • 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: 082JP014
  • Block: L
  • Lot: 30
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.986
  • Longitude: -83.8983

    Address

  • Full Address: 2450 Woodbine Ave
  • Address - House Number: 2450
  • Address - Street Name: Woodbine
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C027
  • 4-Digit Zip Code: 8264
  • Zip Code: 37917

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,237

    Appraisal Valuation

  • Standard Deviation: 0.2597
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 63
  • Final Value: 328,292
  • High Value: 413,553
  • Low Value: 243,032

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Oct 09, 2019
  • First Open Lien Mortgage Loan Amount: $120,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2039

    Market Valuation

  • Market Total Value: $218,100
  • Market Land Value: $12,400
  • Market Improvement Value: $205,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,240

    Sales

  • Current Sale Contract Date: Sep 30, 2019
  • Current Sale Recording Date: Oct 09, 2019
  • Current Sale Transaction ID: 11707627773
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201910090024935
  • Previous Sale Recording Date: Jan 08, 2016
  • Previous Sale Contract Date: Jan 06, 2016
  • Previous Sale Amount: $45,212
  • Previous Sale Document Type: Cash Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Oct 09, 2019
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2039

About Parkridge



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Frequently Asked Questions

What neighborhood is 2450 Woodbine Avenue located in?
The 2450 Woodbine Avenue is a multifamily located in the neighborhood of Parkridge in Parkridge, Knoxville.
What is the average sales price for listings in 2450 Woodbine Avenue?
The average sales price for units in 2450 Woodbine Avenue is $0 currently.

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