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247 Saddle Ridge Drive

247 Saddle Ridge Drive, Knoxville, TN 37934
Property in Knox
Sold Jul 14, 2020
$439,900
$351,920 by Mortgage Investors Group Inc
Mortgage Due Aug 01, 2050
Sold Nov 15, 2005
$350,000
$205,000 by Fifth Third Mortgage Co
Mortgage Due Dec 01, 2035
Local assessors in Knoxville, TN have categorized 247 Saddle Ridge Drive as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 16,455 square feet. The linear feet between the front and back of the lot was measured at 1,505 ft and the front of the lot was measured at 1,100 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 247 Saddle Ridge Drive has a total of 3,592 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 attached garage for those who need a place to park their vehicle. The garage on the property is 728 sqft. There are 3 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 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 good. 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 - B. The building has a roof that is made of composition shingle. Lots of brick 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 forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jul 7, 2020 for $439,900. That's $122.47 per sqft. Prior to that sales transaction, the property was also sold in Nov 14, 2005 for $350,000. 247 Saddle Ridge Drive was last assessed in 2023. The total value of the property was assessed at $139,000. 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 $2,160. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 728
  • Parking Space Count: 3
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 16,455
  • Lot Size Depth Feet: 1,505
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 3,592
  • Gross Building Area: 3,612
  • Building Area: 3,592
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,592
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SADDLE RIDGE S/D UNIT 1
  • Land Acres: 0.378
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Leasehold rights (misc.)
  • Legal Description 1: SUBDIVISIONNAME SADDLE RIDGE S/D UNIT 1 MAPPLATB M-328 MAPPLATP A & B DIMENSIONS 110 X 150.54 X IRR

Ownership

  • Current Owner : HALLAHAN JAMES A
  • Current Owner 2: HALLAHAN MARY BETH
  • Previous Owner : SCHOONHEIM MARTIN J
  • Previous Owner 2: SCHOONHEIM PATRICIA A
  • Owner Before Previous Owner: PETERSEN ROBERT D
  • Owner Before Previous Owner 2: PETERSEN MARSHA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 005810

Geography

  • Assessors Map Reference: MAP #151C
  • District: FAR
  • Parcel: 151CD005
  • Block: C
  • Lot: 5
  • Municipality: FARRAGUT
  • Latitude: 35.8717
  • Longitude: -84.2178

    Address

  • Full Address: 247 Saddle Ridge Dr
  • Legal Unit: 1
  • Address - House Number: 247
  • Address - Street Name: Saddle Ridge
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Farragut
  • Carrier Code: R059
  • 4-Digit Zip Code: 0881
  • Zip Code: 37934

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,160

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 71
  • Final Value: 734,490
  • High Value: 890,206
  • Low Value: 578,775

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $476,920
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Jul 14, 2020
  • First Open Lien Mortgage Loan Amount: $351,920
  • 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: Aug 01, 2050
  • Second Open Lien Mortgage Lender: ORNL FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Oct 30, 2023
  • Second Open Lien Mortgage Loan Amount: $125,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $556,000
  • Market Land Value: $75,000
  • Market Improvement Value: $481,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $139,000

    Sales

  • Current Sale Contract Date: Jul 07, 2020
  • Current Sale Recording Date: Jul 14, 2020
  • Current Sale Transaction ID: 11776512895
  • Current Sale Price: $439,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202007140003648
  • Previous Sale Recording Date: Nov 15, 2005
  • Previous Sale Contract Date: Nov 14, 2005
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Jul 14, 2020
  • First Mortgage Loan Amount: $351,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • Previous Mortgage Transaction Date: Nov 15, 2005
  • Previous Mortgage Loan Amount: $205,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Dec 01, 2035

About Farragut



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Frequently Asked Questions

What neighborhood is 247 Saddle Ridge Drive located in?
The 247 Saddle Ridge Drive is a located in the neighborhood of Knox in Farragut, Knoxville.
What is the average sales price for listings in 247 Saddle Ridge Drive?
The average sales price for units in 247 Saddle Ridge Drive is $0 currently.

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