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487 Watauga Avenue

487 Watauga Avenue, Knoxville, TN 37917
Property in Knox
Sold Mar 24, 2016
$70,000
$68,732 by Caliber Home Loans Inc
Mortgage Due Apr 01, 2046
487 Watauga 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 1964 and is 60 years old. However, we must point out that the home was most recently renovated and altered in 1985. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 487 Watauga Avenue has 3,200 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 145 ft and across the front of the lot is 55 ft. The area measurement of the land has been determined as 7,971 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 brick. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 487 Watauga Avenue was last sold in Mar 23, 2016 for $70,000. According to our calculations, that's $21.88 per sqft. Current property owners are expected to pay $2,236 in taxes per year. The property on 487 Watauga Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $60,275. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1985
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,971
  • Lot Size Depth Feet: 145
  • Lot Size Frontage Feet: 55
  • Total Building Area: 3,200
  • Gross Building Area: 3,200
  • Building Area: 3,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,200
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LINCOLN PARK
  • Land Acres: 0.183
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: SUBDIVISIONNAME LINCOLN PARK MAPPLATB NR DIMENSIONS 55 X 145

Ownership

  • Current Owner : HEATER JASON
  • Current Owner 2: HEATER MAGGIE
  • Previous Owner : MARTIN JESSE L
  • Previous Owner 2: MARTIN KIMBERLY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 002900

Geography

  • Assessors Map Reference: MAP #69N
  • District: CIT
  • Parcel: 069NG011
  • Block: 28
  • Lot: 19
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 36.0017
  • Longitude: -83.9395

    Address

  • Full Address: 487 Watauga Ave
  • Address - House Number: 487
  • Address - Street Name: Watauga
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C045
  • 4-Digit Zip Code: 3642
  • Zip Code: 37917

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,236

    Appraisal Valuation

  • Standard Deviation: 0.2417
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 66
  • Final Value: 277,289
  • High Value: 344,313
  • Low Value: 210,265

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $68,732
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Mar 24, 2016
  • First Open Lien Mortgage Loan Amount: $68,732
  • 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: Apr 01, 2046

    Market Valuation

  • Market Total Value: $241,100
  • Market Land Value: $9,800
  • Market Improvement Value: $231,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,275

    Sales

  • Current Sale Contract Date: Mar 23, 2016
  • Current Sale Recording Date: Mar 24, 2016
  • Current Sale Transaction ID: 1542180997
  • Current Sale Price: $70,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201603240055080

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Mar 24, 2016
  • First Mortgage Loan Amount: $68,732
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2046

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Frequently Asked Questions

What neighborhood is 487 Watauga Avenue located in?
The 487 Watauga Avenue is a located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 487 Watauga Avenue?
The average sales price for units in 487 Watauga Avenue is $0 currently.

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