See Home Value
$105,015*
House - Off Market

2638 Summitt Ave

Knoxville, TN 37917
bedrooms
2 Beds
bathrooms
1 Bath
square feet
820 Sqft
$70,000 - $80,000
Reference Base Price*
40.21%
Since Jul 1, 2020
National-US
Primary Model
Sold Jul 20, 2020
$60,000
$82,500 by Civic Financial Services Llc
Mortgage Due Apr 01, 2051
Sold Jul 21, 1998
$27,000
Hud
Seller
$25,650 by Norwest Mtg
Mortgage Due Aug 01, 2028

About This Property

Great investment property. Same renter has been in the home for over 7 years. Good renter. Rents through KCDC for $620.00 per month. Yard is fenced in and lot is 50.5 x 143. Finished storage basement with washer and dryer hook ups. Basement also has a garage door that can be used as a garage if desired. Roof is about 5 years old and HVAC was replaced in 2018. Large driveway in the back.

The manager has listed the unit size as 820 square feet.
Unit Size
820Ft²
Days on Market
-
Land Size
-
Price per sqft
$91
Property Type
House
Property Taxes
$677
HOA Dues
-
Year Built
1958

Price History

Date / Event Date Event Price
Jun 19, 2020 No longer available -
No longer available
Mar 8, 2020 Listed $74,900
Listed

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1980
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Traditional
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 820
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,013
  • Lot Size Depth Feet: 140
  • Lot Size Frontage Feet: 50
  • Total Building Area: 1,620
  • Gross Building Area: 1,640
  • Building Area: 1,620
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,620
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CARDWELL & MITCHELL
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: SUBDIVISIONNAME CARDWELL & MITCHELL MAPPLATB 4 MAPPLATP 71 DIMENSIONS 50.5 X 143 IRR

Ownership

  • Current Owner : SUMMITT AVE LLC
  • Previous Owner : HOAGLUND ELLEN L
  • Owner Before Previous Owner: HUD
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 001900

Geography

  • Assessors Map Reference: MAP #82G
  • District: CIT
  • Parcel: 082GC013
  • Lot: 12
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9918
  • Longitude: -83.8974

    Address

  • Full Address: 2638 Summitt Ave
  • Address - House Number: 2638
  • Address - Street Name: Summitt
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C038
  • 4-Digit Zip Code: 7032
  • Zip Code: 37917

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $932

    Appraisal Valuation

  • Standard Deviation: 0.2597
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 63
  • Final Value: 182,864
  • High Value: 230,356
  • Low Value: 135,372

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $82,500
  • First Open Lien Mortgage Lender: CIVIC FINANCIAL SERVICES LLC
  • First Open Lien Mortgage Recording Date: Mar 19, 2021
  • First Open Lien Mortgage Loan Amount: $82,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $100,500
  • Market Land Value: $4,900
  • Market Improvement Value: $95,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,125

    Sales

  • Current Sale Contract Date: Jul 17, 2020
  • Current Sale Recording Date: Jul 20, 2020
  • Current Sale Transaction ID: 11776522784
  • Current Sale Price: $60,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202007200005436
  • Previous Sale Recording Date: Jul 21, 1998
  • Previous Sale Contract Date: Jul 15, 1998
  • Previous Sale Amount: $27,000
  • Previous Sale Document Type: Other

    Previous Mortgages

  • Previous Mortgage Lender: NORWEST MTG
  • Previous Mortgage Transaction Date: Jul 21, 1998
  • Previous Mortgage Loan Amount: $25,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2028



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Park City


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Nearby Rentals

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2300 Washington Ave Apt 8 #2300 Washington Ave Apt 8, Knoxville, TN, 37917 Listing by Manager
Unit for rent at 2509-2527 Washington Pike, Knoxville, TN, 37917

$999 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
2509-2527 Washington Pike #2527 Washington Pike Apt D6, Knoxville, TN, 37917 Listing by Northview Apartments


Frequently Asked Questions

When was property at 2638 Summit Avenue Northeast built and last sold?
The property at 2638 Summit Avenue Northeast was built in 1958 and last sold on Jul 17, 2020 for $60,000.
How much is this home worth?
The estimated value of the home located at 2638 Summit Avenue Northeast is $78,948.
What are some comparable homes to 2638 Summit Avenue Northeast?
There are currently no comparable homes to 2638 Summit Avenue Northeast.

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