Check Availability

3605 Martin Luther King Jr Avenue

3605 Martin Luther King Jr Avenue, Knoxville, TN 37914
House in Knox
Sold Oct 11, 2018
$88,000
$86,406 by Mortgage Investors Group Inc
Mortgage Due Nov 01, 2048
Sold Oct 12, 2009
$18,810
Local assessors in Knoxville, TN have categorized 3605 Martin Luther King Jr Avenue as a residential type of property. The home was built in 1920 and is 104 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 7,492 square feet. The linear feet between the front and back of the lot was measured at 150 ft and the front of the lot was measured at 50 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 are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. 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 3605 Martin Luther King Jr Avenue has a total of 1,236 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 774 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. 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 average. 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 composition shingle. 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. 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, 3605 Martin Luther King Jr Avenue sold most recently in Oct 5, 2018 for a total of $88,000. If you work out the math, that's approximately a cost of $71.20 per sqft. Before that, the property was also sold for $18,810 in Sep 23, 2009. 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 $1,196 in taxes each year. 3605 Martin Luther King Jr Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $32,225. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1920
  • Effective Year Built: 1985
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Traditional
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 774
  • 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: 1,236
  • Gross Building Area: 2,010
  • Building Area: 1,236
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,236
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: J W RAMSEY PROP
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: SUBDIVISIONNAME J W RAMSEY PROP MAPPLATB 5 MAPPLATP 279 DIMENSIONS 50 X 150

Ownership

  • Current Owner : JACKSON LATOYA C
  • Previous Owner : JU CHUNSHENG
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: MAP #82D
  • District: CIT
  • Parcel: 082DS014
  • Lot: 17
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9968
  • Longitude: -83.8787

    Address

  • Full Address: 3605 Martin Luther King Jr Ave
  • Address - House Number: 3605
  • Address - Street Name: Martin Luther King Jr
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C068
  • 4-Digit Zip Code: 4054
  • Zip Code: 37914

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,196

    Appraisal Valuation

  • Standard Deviation: 0.2601
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 63
  • Final Value: 204,817
  • High Value: 258,103
  • Low Value: 151,531

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $86,406
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Oct 11, 2018
  • First Open Lien Mortgage Loan Amount: $86,406
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2048

    Market Valuation

  • Market Total Value: $128,900
  • Market Land Value: $6,000
  • Market Improvement Value: $122,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,225

    Sales

  • Current Sale Contract Date: Oct 05, 2018
  • Current Sale Recording Date: Oct 11, 2018
  • Current Sale Transaction ID: 11533996880
  • Current Sale Price: $88,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201810110023614
  • Previous Sale Recording Date: Oct 12, 2009
  • Previous Sale Contract Date: Sep 23, 2009
  • Previous Sale Amount: $18,810
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Oct 11, 2018
  • First Mortgage Loan Amount: $86,406
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2048

About Knoxville



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1925 Dodson Avenue, Knoxville, TN, 37917

$1,300 /mo

  • 1 Bed
  • 1 Bath
  • 568 ft²
1925 Dodson Avenue #1925 Dodson Avenue, Knoxville, TN, 37917 Listing by Manager
Unit for rent at 1506 Iroquois Avenue, Knoxville, TN, 37915

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 756 ft²
1506 Iroquois Avenue #1506 Iroquois Avenue, Knoxville, TN, 37915 Listing by Manager

Frequently Asked Questions

What neighborhood is 3605 Martin Luther King Jr Avenue located in?
The 3605 Martin Luther King Jr Avenue is a house located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 3605 Martin Luther King Jr Avenue?
The average sales price for units in 3605 Martin Luther King Jr Avenue is $0 currently.

Quantcast