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4935 Island Home Road

4935 Island Home Road, Louisville, TN 37777
Property in Blount
Sold Oct 03, 2022
$259,900
$259,900 by Thrive Mortgage Llc
Mortgage Due Oct 01, 2052
Sold Mar 22, 2021
$160,000
$152,000 by Pinnacle Bank
Mortgage Due Jan 01, 2051
4935 Island Home Road in Louisville, TN was first built in 1970 and is 54 years old. Although, the building on the property was most recently renovated and altered in 2015. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4935 Island Home Road has 1,578 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 906 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 1,100 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 15,246 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a municipal system. The property is connected to a sewer system. For those who need parking, there is a carport. The garage is 384 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete block. While the interior walls are made of paneling. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. 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, 4935 Island Home Road sold most recently in Sep 30, 2022 for a total of $259,900. If you work out the math, that's approximately a cost of $164.70 per sqft. Before that, the property was also sold for $160,000 in Mar 19, 2021. 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 $1,533 in taxes each year. 4935 Island Home Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $58,800. If we break it down further, the land itself was valued at $11,250. Improvements to the property, however, were assessed at a total of $47,550. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Block Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 2015
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Concrete block
  • 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: 906
  • Garage Type: Carport
  • Garage Square Area: 384
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 1,578
  • Building Area: 1,578
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,578
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RIVER VIEW ADD
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RIVERVIEW ADD 5

Ownership

  • Current Owner : HUNTER RICHARD
  • Current Owner 2: HUNTER MYRA
  • Previous Owner : PAUL STARRITT CHASE
  • Owner Before Previous Owner: JONES JENNIE LYN MARIE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Alcoa City School District
  • School Tax School District: 05012
  • Census Tract: 010301

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: 009H
  • District: 11
  • Parcel: 005009G A 02300
  • Lot: 5
  • Municipality: ALCOA
  • Latitude: 35.8627
  • Longitude: -83.9576

    Address

  • Full Address: 4935 Island Home Rd
  • Address - House Number: 4935
  • Address - Street Name: Island Home
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Louisville
  • Carrier Code: R005
  • 4-Digit Zip Code: 5422
  • Zip Code: 37777

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,533
  • Tax Rate Code Area: 05A01

    Appraisal Valuation

  • Standard Deviation: 0.2211
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 287,750
  • High Value: 351,372
  • Low Value: 224,128

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $259,900
  • First Open Lien Mortgage Lender: THRIVE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 03, 2022
  • First Open Lien Mortgage Loan Amount: $259,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $235,200
  • Market Land Value: $45,000
  • Market Improvement Value: $190,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,800
  • Assessed Land Value: $11,250
  • Assessed Improvements Value: $47,550

    Sales

  • Current Sale Contract Date: Sep 30, 2022
  • Current Sale Recording Date: Oct 03, 2022
  • Current Sale Transaction ID: 11896550648
  • Current Sale Price: $259,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 950558
  • Previous Sale Recording Date: Mar 22, 2021
  • Previous Sale Contract Date: Mar 19, 2021
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THRIVE MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 03, 2022
  • First Mortgage Loan Amount: $259,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PINNACLE BANK
  • Previous Mortgage Transaction Date: Mar 22, 2021
  • Previous Mortgage Loan Amount: $152,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2051

About Alcoa



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Frequently Asked Questions

What neighborhood is 4935 Island Home Road located in?
The 4935 Island Home Road is a located in the neighborhood of Blount in Alcoa, Louisville.
What is the average sales price for listings in 4935 Island Home Road?
The average sales price for units in 4935 Island Home Road is $0 currently.

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