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3720 Cate Avenue

3720 Cate Avenue, Knoxville, TN 37919
Property in Knox
Sold Sep 16, 2021
$115,000
$165,000 by Sprout Mortgage Llc
Mortgage Due Jun 01, 2062
Sold Aug 02, 2013
$64,000
$45,004 by The Peoples Bank
Mortgage
3720 Cate 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 1930 and is 94 years old. However, we must point out that the home was most recently renovated and altered in 1988. The home has a total of 11 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 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, 3720 Cate Avenue has 576 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 576 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 95 ft and across the front of the lot is 50 ft. The area measurement of the land has been determined as 4,748 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 average. 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. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 3720 Cate Avenue sold most recently in Sep 15, 2021 for a total of $115,000. If you work out the math, that's approximately a cost of $106.88 per sqft. Before that, the property was also sold for $64,000 in Jul 31, 2013. 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 $1,730 in taxes each year. The initial year of tax delinquency occurred in 2018. 3720 Cate Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $46,640. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1930
  • Effective Year Built: 1988
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Traditional
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 576
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,748
  • Lot Size Depth Feet: 95
  • Lot Size Frontage Feet: 50
  • Total Building Area: 1,076
  • Gross Building Area: 1,076
  • Building Area: 1,076
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 576
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SPRANKLES ADD
  • Land Acres: 0.109
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: SUBDIVISIONNAME SPRANKLES ADD MAPPLATB 4 MAPPLATP 84 DI MENSIONS 50 X 95

Ownership

  • Current Owner : SPEARHEAD INVESTMENTS LLC
  • Previous Owner : HODGES JASON PAUL
  • Owner Before Previous Owner: MOSER ALLEN
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 002600

Geography

  • Assessors Map Reference: MAP #107D
  • District: CIT
  • Parcel: 107DG010
  • Lot: 165
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9538
  • Longitude: -83.9687

    Address

  • Full Address: 3720 Cate Ave
  • Address - House Number: 3720
  • Address - Street Name: Cate
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C009
  • 4-Digit Zip Code: 2208
  • Zip Code: 37919

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,730
  • Intital Tax Deliquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.2164
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 70
  • Final Value: 184,379
  • High Value: 224,295
  • Low Value: 144,463

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,000
  • First Open Lien Mortgage Lender: SPROUT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 18, 2022
  • First Open Lien Mortgage Loan Amount: $165,000
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2062

    Market Valuation

  • Market Total Value: $116,600
  • Market Land Value: $10,000
  • Market Improvement Value: $106,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,640

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Sep 16, 2021
  • Current Sale Transaction ID: 11862605671
  • Current Sale Price: $115,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202109160022435
  • Previous Sale Recording Date: Aug 02, 2013
  • Previous Sale Contract Date: Jul 31, 2013
  • Previous Sale Amount: $64,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK
  • First Mortgage Transaction Date: Sep 16, 2021
  • First Mortgage Loan Amount: $126,525
  • First Mortgage Terms: 251
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Sep 15, 2042

    Previous Mortgages

  • Previous Mortgage Lender: THE PEOPLES BANK
  • Previous Mortgage Transaction Date: Aug 02, 2013
  • Previous Mortgage Loan Amount: $45,004
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Knoxville



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Frequently Asked Questions

What neighborhood is 3720 Cate Avenue located in?
The 3720 Cate Avenue is a located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 3720 Cate Avenue?
The average sales price for units in 3720 Cate Avenue is $0 currently.

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