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4963 Island Home Road

4963 Island Home Road, Louisville, TN 37777
Property in Blount
Sold May 26, 2022
$245,000
$220,500 by Fairway Independent Mortgage C
Mortgage Due Jun 01, 2052
Sold Jul 31, 2017
$148,000
$145,319 by Movment Mortgage
Mortgage Due Aug 01, 2047
Local assessors in Louisville, TN have categorized 4963 Island Home Road as a residential type of property. The home was built in 1964 and is 60 years old. It was most recently renovated and altered in 2015. The property's lot size has been calculated to be 28,314 square feet. The linear feet between the front and back of the lot was measured at 2,540 ft and the front of the lot was measured at 1,000 ft. As for the restroom situation, there are 2 full bathrooms. 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 4963 Island Home Road has a total of 1,008 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 1,008 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. 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. Do you like to entertain? The home has a 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 unknown 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. 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, 4963 Island Home Road sold most recently in May 25, 2022 for a total of $245,000. If you work out the math, that's approximately a cost of $243.06 per sqft. Before that, the property was also sold for $148,000 in Jul 28, 2017. 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 $1,681 in taxes each year. 4963 Island Home Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $64,375. 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 $53,125. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • 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
  • 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: 1,008
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 28,314
  • Lot Size Depth Feet: 2,540
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RIVER VIEW ADD
  • Land Acres: 0.65
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RIVERVIEW ADD 14

Ownership

  • Current Owner : MARTIN JAKE THOR
  • Current Owner 2: MARTIN REBEKAH S
  • Previous Owner : ANDERSON
  • Previous Owner 2: BRITTANY
  • Owner Before Previous Owner: TARCHANE MOHAMMED
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Blount County School District
  • School Tax School District: 05012
  • Census Tract: 010301

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: 009G
  • District: 11
  • Parcel: 005009G A 01400
  • Lot: 14
  • Municipality: ALCOA
  • Latitude: 35.8627
  • Longitude: -83.9555

    Address

  • Full Address: 4963 Island Home Rd
  • Address - House Number: 4963
  • 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: $1,681
  • Tax Rate Code Area: 05A01

    Appraisal Valuation

  • Standard Deviation: 0.086
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 93
  • Final Value: 336,982
  • High Value: 365,973
  • Low Value: 307,991

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,500
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: May 26, 2022
  • First Open Lien Mortgage Loan Amount: $220,500
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $257,500
  • Market Land Value: $45,000
  • Market Improvement Value: $212,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $64,375
  • Assessed Land Value: $11,250
  • Assessed Improvements Value: $53,125

    Sales

  • Current Sale Contract Date: May 25, 2022
  • Current Sale Recording Date: May 26, 2022
  • Current Sale Transaction ID: 11889513966
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 940889
  • Previous Sale Recording Date: Jul 31, 2017
  • Previous Sale Contract Date: Jul 28, 2017
  • Previous Sale Amount: $148,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: May 26, 2022
  • First Mortgage Loan Amount: $220,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MOVMENT MORTGAGE
  • Previous Mortgage Transaction Date: Jul 31, 2017
  • Previous Mortgage Loan Amount: $145,319
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2047

About Alcoa



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Frequently Asked Questions

What neighborhood is 4963 Island Home Road located in?
The 4963 Island Home Road is a located in the neighborhood of Blount in Alcoa, Louisville.
What is the average sales price for listings in 4963 Island Home Road?
The average sales price for units in 4963 Island Home Road is $0 currently.

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