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508 East Columbia Avenue

508 East Columbia Avenue, Knoxville, TN 37917
Property in Oakwood
Sold Oct 06, 2020
$161,400
$156,558 by Cardinal Financial Company Lp
Mortgage Due Nov 01, 2050
Sold Oct 16, 2017
$81,750
508 East Columbia 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 1945 and is 79 years old. However, we must point out that the home was most recently renovated and altered in 2019. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 508 East Columbia Avenue has 832 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 142 ft and across the front of the lot is 50 ft. The area measurement of the land has been determined as 7,100 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. For the features and amenities located on the property. There is a carport for those who require parking. Residents will have the luxury of enjoying both a screened porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as good. 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 unknown. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer 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, 508 East Columbia Avenue sold most recently in Oct 1, 2020 for a total of $161,400. If you work out the math, that's approximately a cost of $193.99 per sqft. Before that, the property was also sold for $81,750 in Oct 12, 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 $1,546 in taxes each year. 508 East Columbia Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $41,675. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1945
  • Effective Year Built: 2019
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Traditional
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 7,100
  • Lot Size Depth Feet: 142
  • Lot Size Frontage Feet: 50
  • Total Building Area: 832
  • Gross Building Area: 832
  • Building Area: 832
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 832
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SCOTTS OAK HILL
  • Land Acres: 0.163
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: SUBDIVISIONNAME SCOTTS OAK HILL MAPPLATB 9 MAPPLATP 8 D IMENSIONS 50 X 142.5

Ownership

  • Current Owner : PRATOR SAVANNAH BREANNE
  • Previous Owner : DELZER JULIANNE
  • Previous Owner 2: ESTATE OF DIANNE EVELYN BECK
  • Owner Before Previous Owner: GREEN CHERYL C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 001500

Geography

  • Assessors Map Reference: MAP #81F
  • District: CIT
  • Parcel: 081FF003
  • Block: 29
  • Lot: 3
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9916
  • Longitude: -83.9319

    Address

  • Full Address: 508 E Columbia Ave
  • Address - House Number: 508
  • Street Direction: E
  • Address - Street Name: Columbia
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C023
  • 4-Digit Zip Code: 5317
  • Zip Code: 37917

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,546

    Appraisal Valuation

  • Standard Deviation: 0.2417
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 66
  • Final Value: 264,173
  • High Value: 328,026
  • Low Value: 200,319

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $156,558
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Oct 06, 2020
  • First Open Lien Mortgage Loan Amount: $156,558
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $166,700
  • Market Land Value: $9,300
  • Market Improvement Value: $157,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,675

    Sales

  • Current Sale Contract Date: Oct 01, 2020
  • Current Sale Recording Date: Oct 06, 2020
  • Current Sale Transaction ID: 11808257906
  • Current Sale Price: $161,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202010060028427
  • Previous Sale Recording Date: Oct 16, 2017
  • Previous Sale Contract Date: Oct 12, 2017
  • Previous Sale Amount: $81,750
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Oct 06, 2020
  • First Mortgage Loan Amount: $156,558
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

About Oakwood



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Frequently Asked Questions

What neighborhood is 508 East Columbia Avenue located in?
The 508 East Columbia Avenue is a located in the neighborhood of Oakwood in Oakwood, Knoxville.
What is the average sales price for listings in 508 East Columbia Avenue?
The average sales price for units in 508 East Columbia Avenue is $0 currently.

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