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2705 Tecoma Drive Northeast

2705 Tecoma Drive Northeast, Knoxville, TN 37917
Property in Knox
Sold Aug 21, 2020
$72,750
$69,112 by United Wholesale Mortgage
Mortgage Due Sep 01, 2050
Sold May 06, 2011
$57,500
$57,500 by Suntrust Mortgage Inc
Mortgage Due May 01, 2041
Local assessors in Knoxville, TN have categorized 2705 Tecoma Drive Northeast as a residential type of property. The home was built in 1945 and is 79 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 12,371 square feet. The linear feet between the front and back of the lot was measured at 165 ft and the front of the lot was measured at 75 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2705 Tecoma Drive Northeast has a total of 836 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 detached garage for those who need a place to park their vehicle. The garage on the property is 308 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open 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 - C. The building has a roof that is made of shingle (not wood). Lots of unknown 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 heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2705 Tecoma Drive Northeast was last sold in Aug 20, 2020 for $72,750. According to our calculations, that's $87.02 per sqft. Prior to that sales transaction, the property was sold for $57,500 in Apr 28, 2011. Current property owners are expected to pay $1,114 in taxes per year. The property on 2705 Tecoma Drive Northeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $30,025. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1980
  • Total Rooms: 5
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Traditional
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,371
  • Lot Size Depth Feet: 165
  • Lot Size Frontage Feet: 75
  • Total Building Area: 836
  • Gross Building Area: 836
  • Building Area: 836
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 836
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OLDHAMS PT 24
  • Land Acres: 0.284
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: SUBDIVISIONNAME OLDHAMS PT 24 MAPPLATB 6 MAPPLATP 84 DI MENSIONS 75M X 167.5 X IRR

Ownership

  • Current Owner : CARTER SETH
  • Current Owner 2: CARTER BETTY LEE
  • Previous Owner : LAY PAUL
  • Previous Owner 2: LAY LAURA JO
  • Owner Before Previous Owner: HERBIG RACHEL S
  • Owner Before Previous Owner 2: BRUUN RACHEL S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 003000

Geography

  • Assessors Map Reference: MAP #70H
  • District: CIT
  • Parcel: 070HB020
  • Lot: 25
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 36.0125
  • Longitude: -83.915

    Address

  • Full Address: 2705 Tecoma Dr
  • Address - House Number: 2705
  • Address - Street Name: Tecoma
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C008
  • 4-Digit Zip Code: 2370
  • Zip Code: 37917

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,114

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 67
  • Final Value: 199,635
  • High Value: 245,767
  • Low Value: 153,503

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $69,112
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 21, 2020
  • First Open Lien Mortgage Loan Amount: $69,112
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $120,100
  • Market Land Value: $10,200
  • Market Improvement Value: $109,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,025

    Sales

  • Current Sale Contract Date: Aug 20, 2020
  • Current Sale Recording Date: Aug 21, 2020
  • Current Sale Transaction ID: 11788210504
  • Current Sale Price: $72,750
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202008210015069
  • Previous Sale Recording Date: May 06, 2011
  • Previous Sale Contract Date: Apr 28, 2011
  • Previous Sale Amount: $57,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Aug 21, 2020
  • First Mortgage Loan Amount: $69,112
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: May 06, 2011
  • Previous Mortgage Loan Amount: $57,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: May 01, 2041

About Knoxville



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Frequently Asked Questions

What neighborhood is 2705 Tecoma Drive Northeast located in?
The 2705 Tecoma Drive Northeast is a located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 2705 Tecoma Drive Northeast?
The average sales price for units in 2705 Tecoma Drive Northeast is $0 currently.

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