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2512 McMillan Street

2512 McMillan Street, Knoxville, TN 37917
Multifamily in Oakwood
2512 McMillan Street in Knoxville, TN was first built in 1982 and is 42 years old. Although, the building on the property was most recently renovated and altered in 1989. This has been categorized as a residential property type. There are a total of 2 floors. The linear feet across the front of the lot is 100 ft and the linear feet between the front and back of the lot is 150. In total, the area measurement of the land is 15,000 square feet.

Learn more about the property and building on this page. There is a open porch. 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 concrete 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 fair. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2512 McMillan Street was last sold in Nov 8, 2019 for $325,000. According to our calculations, that's $62.12 per sqft. Prior to that sales transaction, the property was sold for $184,900 in Aug 26, 2015. Current property owners are expected to pay $4,622 in taxes per year. The property on 2512 McMillan Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $124,600. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190824
08/24/2019
Studio
-
-
$375,000
bedrooms
Studio
bathrooms
-
$325,000 -13.33%
11/15/2019
Kathryn E Woycik

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1989
  • Bedroom Count: 0
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 150
  • Lot Size Frontage Feet: 100
  • Total Building Area: 5,232
  • Gross Building Area: 5,232
  • Building Area: 5,232
  • 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: OAKWOOD C B ATKINS ADD RESUB
  • Land Acres: 0.344
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: SUBDIVISIONNAME OAKWOOD C B ATKINS ADD RESUB MAPPLATB 6 9S MAPPLATP 51 DIMENSIONS 100X 150

Ownership

  • Current Owner : CISLER CARL T
  • Current Owner 2: CISLER LYNETTE K
  • Previous Owner : ALFCO LLC
  • Owner Before Previous Owner: KNOXVILLE INVESTMENT PROPERITES LLC

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 001500

Geography

  • Assessors Map Reference: MAP #T
  • District: CIT
  • Parcel: 081FT007
  • Lot: 4R
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9923
  • Longitude: -83.9403

    Address

  • Full Address: 2512 Mcmillan St
  • Address - House Number: 2512
  • Address - Street Name: Mcmillan
  • Address - Suffix Type: St
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C033
  • 4-Digit Zip Code: 5043
  • Zip Code: 37917

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,622

    Appraisal Valuation

  • Standard Deviation: 0.4992
  • Valuation Date: Dec 06, 2023
  • Final Value: 425,523
  • High Value: 637,946
  • Low Value: 213,099

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $310,000
  • First Open Lien Mortgage Lender: HOMETRUST BANK
  • First Open Lien Mortgage Recording Date: Nov 15, 2019
  • First Open Lien Mortgage Loan Amount: $310,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $311,500
  • Market Land Value: $43,000
  • Market Improvement Value: $268,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $124,600

    Sales

  • Current Sale Contract Date: Nov 08, 2019
  • Current Sale Recording Date: Nov 15, 2019
  • Current Sale Transaction ID: 11707544034
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201911150034057
  • Previous Sale Recording Date: Sep 03, 2015
  • Previous Sale Contract Date: Aug 26, 2015
  • Previous Sale Amount: $184,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETRUST BANK
  • First Mortgage Transaction Date: Nov 15, 2019
  • First Mortgage Loan Amount: $310,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: MOUNTAIN COMMERCE BANK
  • Previous Mortgage Transaction Date: Sep 03, 2015
  • Previous Mortgage Loan Amount: $148,236
  • Previous Mortgage Term: 82
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Aug 26, 2022

About Oakwood



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Frequently Asked Questions

What neighborhood is 2512 McMillan Street located in?
The 2512 McMillan Street is a multifamily located in the neighborhood of Oakwood in Oakwood, Knoxville.
What is the average sales price for listings in 2512 McMillan Street?
The average sales price for units in 2512 McMillan Street is $375,000 currently.

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