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4811 Falling Star Lane

4811 Falling Star Lane, Powell, TN 37849
House in Knox
Sold Oct 25, 2017
$176,400
$180,000 by Mortgage Investors Group
Mortgage Due Feb 01, 2052
Sold Jul 15, 2013
$142,750
$132,750 by Suntrust Mortgage Inc
Mortgage Due Aug 01, 2043
Local assessors in Powell, TN have categorized 4811 Falling Star Lane as a residential type of property. The home was built in 2010 and is 14 years old. The property's lot size has been calculated to be 7,428 square feet. The linear feet between the front and back of the lot was measured at 906 ft and the front of the lot was measured at 1,100 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary 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 are also 2 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 4811 Falling Star Lane has a total of 1,504 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 attached garage for those who need a place to park their vehicle. The garage on the property is 420 sqft. There are 2 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 forced air unit is the primary heating source and it is being fueled with gas. 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, 4811 Falling Star Lane sold most recently in Oct 23, 2017 for a total of $176,400. If you work out the math, that's approximately a cost of $117.29 per sqft. Before that, the property was also sold for $142,750 in Jul 11, 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 $872 in taxes each year. 4811 Falling Star Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $56,125. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2010
  • Effective Year Built: 2010
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Contemporary
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,428
  • Lot Size Depth Feet: 906
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 1,504
  • Gross Building Area: 1,504
  • Building Area: 1,504
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,504
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CATE RIDGE S/D
  • Land Acres: 0.171
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Leasehold rights (misc.)
  • Legal Description 1: SUBDIVISIONNAME CATE RIDGE S/D MAPPLATB 20091117 MAPPLA TP 0034492 DIMENSIONS 110.02 X 90.60 X IRR

Ownership

  • Current Owner : WOLFE JUSTIN W
  • Current Owner 2: MATTHEWS CAROLINE
  • Previous Owner : JONES AUSTIN
  • Previous Owner 2: JONES BETHANY
  • Owner Before Previous Owner: COPPOCK RICHARD C
  • Owner Before Previous Owner 2: COPPOCK SHANNON K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 006003

Geography

  • Assessors Map Reference: MAP #66F
  • District: COU
  • Parcel: 066FH011
  • Lot: 11
  • Municipality: COUNTY OF KNOX
  • Latitude: 36.0168
  • Longitude: -84.0794

    Address

  • Full Address: 4811 Falling Star Ln
  • Address - House Number: 4811
  • Address - Street Name: Falling Star
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Powell
  • Carrier Code: R012
  • 4-Digit Zip Code: 5630
  • Zip Code: 37849

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $872

    Appraisal Valuation

  • Standard Deviation: 0.1955
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 73
  • Final Value: 336,656
  • High Value: 402,492
  • Low Value: 270,820

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,000
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP
  • First Open Lien Mortgage Recording Date: Jan 21, 2022
  • First Open Lien Mortgage Loan Amount: $180,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $224,500
  • Market Land Value: $25,000
  • Market Improvement Value: $199,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $56,125

    Sales

  • Current Sale Contract Date: Oct 23, 2017
  • Current Sale Recording Date: Oct 25, 2017
  • Current Sale Transaction ID: 11331519478
  • Current Sale Price: $176,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201710250025926
  • Previous Sale Recording Date: Jul 15, 2013
  • Previous Sale Contract Date: Jul 11, 2013
  • Previous Sale Amount: $142,750
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES HOME EQUITY INC
  • First Mortgage Transaction Date: Oct 25, 2017
  • First Mortgage Loan Amount: $178,181
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Jul 15, 2013
  • Previous Mortgage Loan Amount: $132,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2043

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Frequently Asked Questions

What neighborhood is 4811 Falling Star Lane located in?
The 4811 Falling Star Lane is a house located in the neighborhood of Knox in Knox, Powell.
What is the average sales price for listings in 4811 Falling Star Lane?
The average sales price for units in 4811 Falling Star Lane is $0 currently.

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