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319 Lake Forest Drive

319 Lake Forest Drive, Knoxville, TN 37920
House in Knox
Sold Aug 21, 2018
$200,000
$236,500 by Rocket Mortgage Llc
Mortgage Due May 01, 2052
Sold May 30, 2006
$165,900
$132,720 by Regions Mortgage
Mortgage Due Jun 01, 2036
319 Lake Forest Drive in Knoxville, TN was first built in 1948 and is 76 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 10 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 319 Lake Forest Drive has 3,123 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,337 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 77 ft and the linear feet between the front and back of the lot is 237. In total, the area measurement of the land is 18,252 square feet.

Learn more about the property and building on this page. There is a screened porch and a patio. The roof of the home is made of composition shingle. 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 frame 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 average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. 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, 319 Lake Forest Drive sold most recently in Aug 14, 2018 for a total of $200,000. If you work out the math, that's approximately a cost of $64.04 per sqft. Before that, the property was also sold for $165,900 in May 23, 2006. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,450 in taxes each year. 319 Lake Forest Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $66,050. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1985
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 1,337
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 18,252
  • Lot Size Depth Feet: 237
  • Lot Size Frontage Feet: 77
  • Total Building Area: 3,123
  • Gross Building Area: 4,316
  • Building Area: 3,123
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 3,123
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAKE FOREST CIRCLE INC ADD PROP
  • Land Acres: 0.419
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: SUBDIVISIONNAME LAKE FOREST CIRCLE INC ADD PROP MAPPLAT B 14 MAPPLATP 2 DIMENSIONS 71.5 X 240 X IRR

Ownership

  • Current Owner : HUBBARD LORENA
  • Current Owner 2: HUBBARD BENJAMIN
  • Previous Owner : KUCHNICKI BRAD W
  • Previous Owner 2: KUCHNICKI THERESA M
  • Owner Before Previous Owner: CARVER KEITH S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 003400

Geography

  • Assessors Map Reference: MAP #123E
  • District: CIT
  • Parcel: 123EA019
  • Lot: 55
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.926
  • Longitude: -83.8816

    Address

  • Full Address: 319 Lake Forest Dr
  • Address - House Number: 319
  • Address - Street Name: Lake Forest
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C064
  • 4-Digit Zip Code: 5146
  • Zip Code: 37920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,450

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 68
  • Final Value: 380,063
  • High Value: 466,581
  • Low Value: 293,546

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $236,500
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 14, 2022
  • First Open Lien Mortgage Loan Amount: $236,500
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $264,200
  • Market Land Value: $12,900
  • Market Improvement Value: $251,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $66,050

    Sales

  • Current Sale Contract Date: Aug 14, 2018
  • Current Sale Recording Date: Aug 21, 2018
  • Current Sale Transaction ID: 11505865043
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201808210011468
  • Previous Sale Recording Date: May 30, 2006
  • Previous Sale Contract Date: May 23, 2006
  • Previous Sale Amount: $165,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Aug 21, 2018
  • First Mortgage Loan Amount: $200,305
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS MORTGAGE
  • Previous Mortgage Transaction Date: May 30, 2006
  • Previous Mortgage Loan Amount: $132,720
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jun 01, 2036

About Knoxville



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Frequently Asked Questions

What neighborhood is 319 Lake Forest Drive located in?
The 319 Lake Forest Drive is a house located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 319 Lake Forest Drive?
The average sales price for units in 319 Lake Forest Drive is $200,000 , or $71/sqft. currently.

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