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415 Ola Mathis Drive

415 Ola Mathis Drive, Knoxville, TN 37912
House in Knox
Sold Mar 28, 2018
$225,000
$197,000 by Mortgage Investors Group Inc
Mortgage Due Mar 01, 2051
Sold Jan 10, 2014
$108,900
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Local assessors in Knoxville, TN have categorized 415 Ola Mathis Drive as a residential type of property. The home was built in 1899 and is 125 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 21,954 square feet. The linear feet between the front and back of the lot was measured at 107 ft and the front of the lot was measured at 205 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 7 rooms in the home. Of these, 4 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 are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 415 Ola Mathis Drive has a total of 2,879 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 760 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. 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 good. 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, 415 Ola Mathis Drive sold most recently in Mar 23, 2018 for a total of $225,000. If you work out the math, that's approximately a cost of $78.15 per sqft. Before that, the property was also sold for $108,900 in Jan 9, 2014. 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 $2,654 in taxes each year. 415 Ola Mathis Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $71,550. 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. 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!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: 1899
  • Effective Year Built: 2010
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Traditional
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 760
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 21,954
  • Lot Size Depth Feet: 107
  • Lot Size Frontage Feet: 205
  • Total Building Area: 2,879
  • Gross Building Area: 2,879
  • Building Area: 2,879
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,879
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SURVEY OF G T TROTTER JR SURVEYOR
  • Land Acres: 0.504
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: DIMENSIONS 12 X 257 X IRR

Ownership

  • Current Owner : WALLACE CASEY
  • Current Owner 2: WALLACE SEASON
  • Previous Owner : M M AND R REAL ESTATE
  • Owner Before Previous Owner: TURNER DANNY E
  • Owner Before Previous Owner 2: TURNER BILLY J
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 004000

Geography

  • Assessors Map Reference: MAP #69H
  • District: CIT
  • Parcel: 069HG00601
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 36.0126
  • Longitude: -83.9616

    Address

  • Full Address: 415 Ola Mathis Dr
  • Address - House Number: 415
  • Address - Street Name: Ola Mathis
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C089
  • 4-Digit Zip Code: 4156
  • Zip Code: 37912

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,654

    Appraisal Valuation

  • Standard Deviation: 0.2471
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 65
  • Final Value: 429,307
  • High Value: 535,392
  • Low Value: 323,223

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $197,000
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Feb 23, 2021
  • First Open Lien Mortgage Loan Amount: $197,000
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $286,200
  • Market Land Value: $33,200
  • Market Improvement Value: $253,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,550

    Sales

  • Current Sale Contract Date: Mar 23, 2018
  • Current Sale Recording Date: Mar 28, 2018
  • Current Sale Transaction ID: 11441633825
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201803280057071
  • Previous Sale Recording Date: Jan 10, 2014
  • Previous Sale Contract Date: Jan 09, 2014
  • Previous Sale Amount: $108,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Mar 28, 2018
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2048

About Knoxville



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Frequently Asked Questions

What neighborhood is 415 Ola Mathis Drive located in?
The 415 Ola Mathis Drive is a house located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 415 Ola Mathis Drive?
The average sales price for units in 415 Ola Mathis Drive is $0 currently.

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