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4315 Reed Road

4315 Reed Road, Louisville, TN 37777
House in Blount
Sold Nov 05, 2019
$187,000
$205,535 by Primary Residential Mortgage
Mortgage Due Jan 01, 2051
Sold Nov 26, 2018
$160,000
Local assessors in Louisville, TN have categorized 4315 Reed Road as a residential type of property. The home was built in 1963 and is 61 years old. It was most recently renovated and altered in 2004. The property's lot size has been calculated to be 15,246 square feet. The linear feet between the front and back of the lot was measured at 1,740 ft and the front of the lot was measured at 950 ft. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. 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 4315 Reed Road has a total of 1,175 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 full basement that is 1,175 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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 300 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a screened 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. 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 gable or hip style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of paneling. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Oct 30, 2019 for $187,000. That's $159.15 per sqft. Prior to that sales transaction, the property was also sold in Nov 26, 2018 for $160,000. 4315 Reed Road was last assessed in 2023. The total value of the property was assessed at $72,175. Specifically, the land the property is located on was valued at $7,500. While improvements on the property were assessed at a total of $64,675. 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 $1,032. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 1,175
  • Garage Type: Carport
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Depth Feet: 1,740
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,175
  • Building Area: 1,175
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,175
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 11, COUNTY AREA: A01

Ownership

  • Current Owner : ROMOT SAMANTHA
  • Current Owner 2: KRZYSZTOF
  • Previous Owner : FRANKLIN BRITANI
  • Owner Before Previous Owner: MOORE WILLIAM O
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Blount County School District
  • Census Tract: 010301

Zoning

  • Zoning: S

Geography

  • Assessors Map Reference: 009I
  • District: 11
  • Parcel: 005009I A 00400
  • Latitude: 35.8541
  • Longitude: -83.9584

    Address

  • Full Address: 4315 Reed Rd
  • Address - House Number: 4315
  • Address - Street Name: Reed
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Louisville
  • Carrier Code: R005
  • 4-Digit Zip Code: 5316
  • Zip Code: 37777

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,032
  • Tax Rate Code Area: 05A00

    Appraisal Valuation

  • Standard Deviation: 0.2087
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 342,379
  • High Value: 413,836
  • Low Value: 270,923

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $205,535
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 27, 2021
  • First Open Lien Mortgage Loan Amount: $205,535
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $288,700
  • Market Land Value: $30,000
  • Market Improvement Value: $258,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,175
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $64,675

    Sales

  • Current Sale Contract Date: Oct 30, 2019
  • Current Sale Recording Date: Nov 05, 2019
  • Current Sale Transaction ID: 11704634199
  • Current Sale Price: $187,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 26, 2018
  • Previous Sale Contract Date: Nov 26, 2018
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL
  • First Mortgage Transaction Date: Nov 05, 2019
  • First Mortgage Loan Amount: $188,888
  • First Mortgage Terms: 349
  • First Mortgage Loan Due Date: Jan 01, 2049

About Alcoa



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Frequently Asked Questions

What neighborhood is 4315 Reed Road located in?
The 4315 Reed Road is a house located in the neighborhood of Blount in Alcoa, Louisville.
What is the average sales price for listings in 4315 Reed Road?
The average sales price for units in 4315 Reed Road is $0 currently.

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