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2501 Edgewood Avenue

2501 Edgewood Avenue, Knoxville, TN 37917
Property in Knox
2501 Edgewood Avenue has been categorized by the local assessors in Knoxville, TN as a vacant type of property. The building on the property was first built in 1969 and is 55 years old. This is a single story building so stairs are not necessary to access other parts of the home. The linear feet between the front and back of the lot is 154 ft and across the front of the lot is 145 ft. The area measurement of the land has been determined as 22,346 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". Moving on to the building itself. The condition of the building has been evaluated as poor. 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 masonry 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 exterior walls of the building are made of block. In terms of heating, the home is utilizing 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, 2501 Edgewood Avenue sold most recently in Jun 28, 2022 for a total of $6,756. If you work out the math, that's approximately a cost of $3.39 per sqft. Before that, the property was also sold for $40,000 in Apr 8, 2020. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $346 in taxes each year. 2501 Edgewood Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $16,040. 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. 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. 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.

Building Features

Exterior

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

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220321
03/21/2022
Loft
-
-
$95,000
bedrooms
Loft
bathrooms
-
-
-
-
Andres Mesa
The Real Estate Firm, Inc.
20210518
05/18/2021
Loft
-
-
$79,900
bedrooms
Loft
bathrooms
-
-
-
-
Nicholas Nicaud
Keller Williams Realty
20200113
01/13/2020
Studio
-
1992 ft²
$69,900
bedrooms
Studio
bathrooms
-
square feet
1992 ft²
$40,000 -42.78%
04/13/2020
Zafer Roback

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 0
  • Building Condition: Poor
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Block
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,346
  • Lot Size Depth Feet: 154
  • Lot Size Frontage Feet: 145
  • Total Building Area: 1,992
  • Gross Building Area: 1,992
  • Building Area: 1,992
  • Building Area Measurement: Total Area

    Heating and Cooling

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

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Vacant
  • Subdivision: FORESTEDGE ADDITION
  • Land Acres: 0.513
  • Standard Land Use Code: Vacant land (general)
  • Legal Description 1: DIMENSIONS 197.57 X 175.39 X IRR

Ownership

  • Current Owner : SALDIVAR REBECCA
  • Previous Owner : CARLOS ALLAVENA
  • Owner Before Previous Owner: REGAL TRADERS LLC

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 001700

Geography

  • Assessors Map Reference: MAP #70I
  • District: CIT
  • Parcel: 070IJ001
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 36.005
  • Longitude: -83.9127

    Address

  • Full Address: 2501 Edgewood Ave
  • Address - House Number: 2501
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Knoxville
  • Zip Code: 37917

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $346

    Market Valuation

  • Market Total Value: $40,100
  • Market Land Value: $40,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,040

    Sales

  • Current Sale Contract Date: Jun 28, 2022
  • Current Sale Recording Date: Jun 30, 2022
  • Current Sale Transaction ID: 11891834670
  • Current Sale Price: $6,756
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 97579
  • Previous Sale Recording Date: Apr 13, 2020
  • Previous Sale Contract Date: Apr 08, 2020
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: REGAL TRADERS LLC
  • Previous Mortgage Transaction Date: Apr 13, 2020
  • Previous Mortgage Loan Amount: $25,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Knoxville



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Frequently Asked Questions

What neighborhood is 2501 Edgewood Avenue located in?
The 2501 Edgewood Avenue is a other located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 2501 Edgewood Avenue?
The average sales price for units in 2501 Edgewood Avenue is $69,900 , or $35/sqft. currently.

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