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343 Cedar Avenue

343 Cedar Avenue, Knoxville, TN 37917
House in Knox
Sold Aug 28, 2020
$170,000
$136,000 by Home Federal Bank Of Tennessee
Mortgage Due Sep 01, 2050
Sold May 15, 2020
$75,000
Buyer
Seller
343 Cedar 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 1899 and is 125 years old. However, we must point out that the home was most recently renovated and altered in 2010. The home has a total of 8 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 343 Cedar Avenue has 912 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 150 ft and across the front of the lot is 50 ft. The area measurement of the land has been determined as 7,492 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. The property was last sold in Aug 14, 2020 for $170,000. That's $186.40 per sqft. Prior to that sales transaction, the property was also sold in May 14, 2020 for $75,000. 343 Cedar Avenue was last assessed in 2023. The total value of the property was assessed at $43,850. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $945. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1899
  • Effective Year Built: 2010
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,492
  • Lot Size Depth Feet: 150
  • Lot Size Frontage Feet: 50
  • Total Building Area: 912
  • Gross Building Area: 912
  • Building Area: 912
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 912
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LINWOOD 1ST ADD
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Surface rights (grazing, timber, coal)
  • Legal Description 1: SUBDIVISIONNAME LINWOOD 1ST ADD MAPPLATB 7 MAPPLATP 17 DIMENSIONS 50 X 150

Ownership

  • Current Owner : SEARCY AARON MICHAEL
  • Current Owner 2: WEBB EMILY ROSE
  • Previous Owner : CUPP MATTHEW
  • Owner Before Previous Owner: GUY LAURENCE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 002900

Geography

  • Assessors Map Reference: MAP #81B
  • District: CIT
  • Parcel: 081BD018
  • Block: G
  • Lot: 20
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9974
  • Longitude: -83.9423

    Address

  • Full Address: 343 Cedar Ave
  • Address - House Number: 343
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C067
  • 4-Digit Zip Code: 4912
  • Zip Code: 37917

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $945

    Appraisal Valuation

  • Standard Deviation: 0.4992
  • Valuation Date: Dec 06, 2023
  • Final Value: 261,867
  • High Value: 392,592
  • Low Value: 131,141

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $136,000
  • First Open Lien Mortgage Lender: HOME FEDERAL BANK OF TENNESSEE
  • First Open Lien Mortgage Recording Date: Aug 28, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $136,000
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $175,400
  • Market Land Value: $9,500
  • Market Improvement Value: $165,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,850

    Sales

  • Current Sale Contract Date: Aug 14, 2020
  • Current Sale Recording Date: Aug 28, 2020
  • Current Sale Transaction ID: 11788209571
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202008280016974
  • Previous Sale Recording Date: May 15, 2020
  • Previous Sale Contract Date: May 14, 2020
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME FEDERAL BANK OF TENNESSEE
  • First Mortgage Transaction Date: Aug 28, 2020
  • First Mortgage Loan Amount: $136,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Knoxville



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Unit for rent at 3536 Old Valley View Drive, Knoxville, TN, 37917

$1,500 /mo

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3536 Old Valley View Drive #5, Knoxville, TN, 37917 Listing by Simona Oprea

Frequently Asked Questions

What neighborhood is 343 Cedar Avenue located in?
The 343 Cedar Avenue is a house located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 343 Cedar Avenue?
The average sales price for units in 343 Cedar Avenue is $0 currently.

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