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5043 Morningstar Lane

5043 Morningstar Lane, Knoxville, TN 37909
House in Knox
Sold Oct 30, 2018
$370,000
Sold May 22, 2017
$10,000
5043 Morningstar Lane in Knoxville, TN was first built in 2018 and is 6 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5043 Morningstar Lane has 2,559 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 1,756 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 959 ft and the linear feet between the front and back of the lot is 1,662. In total, the area measurement of the land is 15,007 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 807 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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 good. The exterior walls of the home are made of unknown. 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 forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Oct 25, 2018 for $370,000. That's $144.59 per sqft. Prior to that sales transaction, the property was also sold in May 18, 2017 for $10,000. 5043 Morningstar Lane was last assessed in 2023. The total value of the property was assessed at $95,450. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,541. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Contemporary
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,756
  • Garage Type: Attached
  • Garage Square Area: 807
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,007
  • Lot Size Depth Feet: 1,662
  • Lot Size Frontage Feet: 959
  • Total Building Area: 2,559
  • Gross Building Area: 5,268
  • Building Area: 2,559
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,559
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FAR VIEW HILLS UNIT 3
  • Land Acres: 0.345
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Leasehold rights (misc.)
  • Legal Description 1: SUBDIVISIONNAME FAR VIEW HILLS UNIT 3 MAPPLATB 20060228 MAPPLATP 0072668 DIMENSIONS 95.91 X 166.19 X IRR

Ownership

  • Current Owner : BURROUGH GEORGE E
  • Current Owner 2: BURROUGH SHARON L
  • Previous Owner : MASTER PLAN BUILDERS AND DESIGN LLC
  • Owner Before Previous Owner: HARDIN RICHARD
  • Owner Before Previous Owner 2: HARDIN APRIL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: MAP #107B
  • District: CIT
  • Parcel: 107BF026
  • Lot: 26
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9577
  • Longitude: -83.9951

    Address

  • Full Address: 5043 Morningstar Ln
  • Legal Unit: 3
  • Address - House Number: 5043
  • Address - Street Name: Morningstar
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C062
  • 4-Digit Zip Code: 1346
  • Zip Code: 37909

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,541

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 67
  • Final Value: 517,480
  • High Value: 637,060
  • Low Value: 397,900

    Market Valuation

  • Market Total Value: $381,800
  • Market Land Value: $40,000
  • Market Improvement Value: $341,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $95,450

    Sales

  • Current Sale Contract Date: Oct 25, 2018
  • Current Sale Recording Date: Oct 30, 2018
  • Current Sale Transaction ID: 11534284827
  • Current Sale Price: $370,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201810300027736
  • Previous Sale Recording Date: May 22, 2017
  • Previous Sale Contract Date: May 18, 2017
  • Previous Sale Amount: $10,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TNBANK
  • First Mortgage Transaction Date: Oct 30, 2018
  • First Mortgage Loan Amount: $282,098
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Oct 25, 2019

    Financing

  • First Mortgage Financing Type: Variable

About Knoxville



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Frequently Asked Questions

What neighborhood is 5043 Morningstar Lane located in?
The 5043 Morningstar Lane is a house located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 5043 Morningstar Lane?
The average sales price for units in 5043 Morningstar Lane is $0 currently.

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