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3518 Selma Avenue

3518 Selma Avenue, Knoxville, TN 37914
Property in Knox
Sold Nov 30, 2020
$80,000
$54,000 by Swbc Mortgage Corp
Mortgage Due Jan 01, 2052
Sold Aug 09, 2018
$80,000
$136,592 by Peoples Bank Of The South
Mortgage
3518 Selma Avenue in Knoxville, TN was first built in 1940 and is 84 years old. Although, the building on the property was most recently renovated and altered in 2005. 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 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3518 Selma Avenue has 672 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 linear feet across the front of the lot is 50 ft and the linear feet between the front and back of the lot is 150. In total, the area measurement of the land is 7,492 square feet.

Learn more about the property and building on this page. There is a open porch. 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 unknown. 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 forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Nov 24, 2020 for $80,000. That's $119.05 per sqft. Prior to that sales transaction, the property was also sold in Aug 6, 2018 for $80,000. 3518 Selma Avenue was last assessed in 2023. The total value of the property was assessed at $20,950. 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 $778. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 2005
  • 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: 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: 672
  • Gross Building Area: 672
  • Building Area: 672
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 672
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: J C WHITE 2ND
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: SUBDIVISIONNAME J C WHITE 2ND MAPPLATB 7 MAPPLATP 120 D IMENSIONS 50 X 150

Ownership

  • Current Owner : KAPPUS KARL DANIEL
  • Previous Owner : LOCKHART KENNETH W
  • Previous Owner 2: LOCKHART WENDY W
  • Owner Before Previous Owner: PARKER ROBERT T
  • Owner Before Previous Owner 2: PARKER AARON K
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 002000

Geography

  • Assessors Map Reference: MAP #82E
  • District: CIT
  • Parcel: 082EE017
  • Block: E
  • Lot: 15
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9928
  • Longitude: -83.8742

    Address

  • Full Address: 3518 Selma Ave
  • Address - House Number: 3518
  • Address - Street Name: Selma
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C040
  • 4-Digit Zip Code: 4713
  • Zip Code: 37914

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $778

    Appraisal Valuation

  • Standard Deviation: 0.2423
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 66
  • Final Value: 134,333
  • High Value: 166,882
  • Low Value: 101,784

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $54,000
  • First Open Lien Mortgage Lender: SWBC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Dec 13, 2021
  • First Open Lien Mortgage Loan Amount: $54,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $83,800
  • Market Land Value: $4,500
  • Market Improvement Value: $79,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,950

    Sales

  • Current Sale Contract Date: Nov 24, 2020
  • Current Sale Recording Date: Nov 30, 2020
  • Current Sale Transaction ID: 11808061669
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202011300043813
  • Previous Sale Recording Date: Aug 09, 2018
  • Previous Sale Contract Date: Aug 06, 2018
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: PEOPLES BANK OF THE SOUTH
  • Previous Mortgage Transaction Date: Aug 09, 2018
  • Previous Mortgage Loan Amount: $136,592
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Knoxville



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Frequently Asked Questions

What neighborhood is 3518 Selma Avenue located in?
The 3518 Selma Avenue is a located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 3518 Selma Avenue?
The average sales price for units in 3518 Selma Avenue is $0 currently.

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