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3026 East 5th Avenue

3026 East 5th Avenue, Knoxville, TN 37914
House in Park City
Sold May 13, 2020
$293,400
$288,000 by Keystone Mortgage Group Llc
Mortgage Due Aug 01, 2051
Sold Feb 07, 2019
$60,000
3026 East 5th Avenue has been categorized by the local assessors in Knoxville, TN as a residential type of property. The building on the property was first built in 1920 and is 104 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 10 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3026 East 5th Avenue has 2,857 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,673 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 150 ft and across the front of the lot is 75 ft. The area measurement of the land has been determined as 11,238 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as good. 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 frame 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 roof of the building is made of composition shingle. The exterior walls of the building are made of unknown. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 3026 East 5th Avenue was last sold in May 8, 2020 for $293,400. According to our calculations, that's $102.70 per sqft. Prior to that sales transaction, the property was sold for $60,000 in Feb 7, 2019. Current property owners are expected to pay $2,811 in taxes per year. The property on 3026 East 5th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $75,775. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 2000
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Traditional
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,673
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,238
  • Lot Size Depth Feet: 150
  • Lot Size Frontage Feet: 75
  • Total Building Area: 2,857
  • Gross Building Area: 5,019
  • Building Area: 2,857
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,857
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAKE PARK SPRINGS PT 21
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: SUBDIVISIONNAME LAKE PARK SPRINGS PT 21 MAPPLATB 4 MAPP LATP 15 DIMENSIONS 75 X 150

Ownership

  • Current Owner : GRIGSBY DAVID EDWARD
  • Current Owner 2: CUNNINGHAM BETTIANNE
  • Previous Owner : LAFAYETTE INVESTMENTS LLC
  • Owner Before Previous Owner: CITY OF KNOXVILLE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: MAP #82F
  • District: CIT
  • Parcel: 082FD005
  • Block: H
  • Lot: 22
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9945
  • Longitude: -83.8883

    Address

  • Full Address: 3026 E 5th Ave
  • Address - House Number: 3026
  • Street Direction: E
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C031
  • 4-Digit Zip Code: 4423
  • Zip Code: 37914

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,811

    Appraisal Valuation

  • Standard Deviation: 0.2235
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 69
  • Final Value: 432,528
  • High Value: 529,237
  • Low Value: 335,820

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $288,000
  • First Open Lien Mortgage Lender: KEYSTONE MORTGAGE GROUP LLC
  • First Open Lien Mortgage Recording Date: Jul 26, 2021
  • First Open Lien Mortgage Loan Amount: $288,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $303,100
  • Market Land Value: $9,000
  • Market Improvement Value: $294,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,775

    Sales

  • Current Sale Contract Date: May 08, 2020
  • Current Sale Recording Date: May 13, 2020
  • Current Sale Transaction ID: 11770938943
  • Current Sale Price: $293,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202005130075129
  • Previous Sale Recording Date: Feb 07, 2019
  • Previous Sale Contract Date: Feb 07, 2019
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEYSTONE MORTGAGE GROUP LLC
  • First Mortgage Transaction Date: May 13, 2020
  • First Mortgage Loan Amount: $284,598
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

About Park City



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Frequently Asked Questions

What neighborhood is 3026 East 5th Avenue located in?
The 3026 East 5th Avenue is a house located in the neighborhood of Park City in Park City, Knoxville.
What is the average sales price for listings in 3026 East 5th Avenue?
The average sales price for units in 3026 East 5th Avenue is $0 currently.

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