See Home Value
Knoxville 37909
4509 Lonas Drive
$270,000 - $330,000
House - Off Market

4509 Lonas Drive

Knoxville, TN 37909
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1140 Sqft
Sold Apr 28, 2020
$724,000
$50,000,000 by Forethought Life Insurance Com
Mortgage Due Oct 25, 2024
Sold Oct 11, 2018
$120,000

About This Property

Welcome to 4509 Lonas Dr, a charming oasis nestled in the heart of the Bearden area of Knoxville. This delightful 3 bedroom 2 bathroom house boasts brand new floors and paint throughout, providing a fresh and inviting ambiance. Step outside onto the back deck surrounded by trees, perfect for savoring summer nights or hosting gatherings. Convenience is key with this home's prime location, offering seamless access to downtown Knoxville for entertainment as well as a myriad of options in West Knoxville. Whether you are seeking a cozy retreat or a hub for gatherings, this charming residence embodies the best of both worlds, promising a lifestyle of comfort and accessibility. Schedule your showing today!

The manager has listed the unit size as 1140 square feet.
Unit Size
1,140Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$263
Property Type
House
Property Taxes
$101
HOA Dues
-
Year Built
2002

Price History

Date / Event Date Event Price
Apr 26, 2024 No longer available -
No longer available
Mar 21, 2024 In contract -
In contract
Mar 18, 2024 Listed $300,000
Listed
Apr 28, 2020 Sold $724,000
Sold
Oct 21, 2018 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,492
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 75
  • Total Building Area: 1,140
  • Gross Building Area: 1,140
  • Building Area: 1,140
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,140
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HELENS GARDEN
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Surface rights (grazing, timber, coal)
  • Legal Description 1: SUBDIVISIONNAME HELENS GARDEN MAPPLATB 20020411 MAPPLAT P 0084456 DIMENSIONS 75 X 100

Ownership

  • Current Owner : MAGNIFY REAL ESTATE BORROWER SPV I LLC
  • Previous Owner : MAGNIFY CAPITAL REAL ESTATE FUND LP
  • Owner Before Previous Owner: HOLM JULIE A
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 003801

Geography

  • Assessors Map Reference: MAP #107C
  • District: CIT
  • Parcel: 107CB03701
  • Lot: 2
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9556
  • Longitude: -83.9865

    Address

  • Full Address: 4509 Lonas Dr
  • Address - House Number: 4509
  • Address - Street Name: Lonas
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C029
  • 4-Digit Zip Code: 1960
  • Zip Code: 37909

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,212

    Appraisal Valuation

  • Standard Deviation: 0.2406
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 66
  • Final Value: 270,099
  • High Value: 335,088
  • Low Value: 205,110

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,000,000
  • First Open Lien Mortgage Lender: FORETHOUGHT LIFE INSURANCE COM
  • First Open Lien Mortgage Recording Date: Apr 28, 2020
  • First Open Lien Mortgage Loan Amount: $50,000,000
  • First Open Lien Mortgage Term: 53
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Oct 25, 2024

    Market Valuation

  • Market Total Value: $130,700
  • Market Land Value: $13,500
  • Market Improvement Value: $117,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,675

    Sales

  • Current Sale Contract Date: Apr 13, 2020
  • Current Sale Recording Date: Apr 28, 2020
  • Current Sale Transaction ID: 11758359591
  • Current Sale Price: $724,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 202004280071168
  • Previous Sale Recording Date: Oct 11, 2018
  • Previous Sale Contract Date: Oct 09, 2018
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FORETHOUGHT LIFE INSURANCE COM
  • First Mortgage Transaction Date: Apr 28, 2020
  • First Mortgage Loan Amount: $50,000,000
  • First Mortgage Terms: 53
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Oct 25, 2024



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
1,269 ft²
$276/ft²
$350,000 Jan 29, 2024
-
$1,063/mo
House
3 Beds
1 Bath
1,644 ft²
$152/ft²
$250,000 Mar 1, 2024
-
$118/mo
House
2 Beds
1 Bath
1,144 ft²
$236/ft²
$269,900 Mar 21, 2024
-
$853/mo

About Knoxville


Similar Homes for Sale

Unit for sale at 3519 Lyle Avenue, Knoxville, TN 37919

$269,900

  • 2 Beds
  • 1 Bath
  • 1,144 ft²
3519 Lyle Avenue, Knoxville, TN 37919 Listing by Christine Chenot
Unit for sale at 4405 Lonas Drive, Knoxville, TN 37909

$350,000

  • 3 Beds
  • 1 Bath
  • 1,269 ft²
4405 Lonas Drive, Knoxville, TN 37909 Listing by Angie Riedl

Nearby Rentals

Unit for rent at 5203 Lonas Drive, Knoxville, TN, 37909

$2,095 /mo

  • 3 Beds
  • 2 Baths
  • 1,632 ft²
5203 Lonas Drive #5203 Lonas Drive, Knoxville, TN, 37909 Listing by Manager
Unit for rent at 5201 Lonas Drive, Knoxville, TN, 37909

$2,295 /mo

  • 4 Beds
  • 2 Baths
  • 1,632 ft²
5201 Lonas Drive #5201 Lonas Drive, Knoxville, TN, 37909 Listing by Manager
Unit for rent at 4209 Van Dyke Drive, Knoxville, TN, 37919

$2,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,000 ft²
4209 Van Dyke Drive #4209 Van Dyke Drive, Knoxville, TN, 37919 Listing by Manager


Frequently Asked Questions

When was property at 4509 Lonas Drive built and last sold?
The property at 4509 Lonas Drive was built in 2002 and last sold on Apr 13, 2020 for $724,000.
How much is this home worth?
The estimated value of the home located at 4509 Lonas Drive is $301,033.
What are some comparable homes to 4509 Lonas Drive?
Homes that are comparable to 4509 Lonas Drive include a house property at 4405 Lonas Drive, 3519 Lyle Avenue, 1612 Autry Way Northwest.

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