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508 Peterson Lane

508 Peterson Lane, Maryville, TN 37803
House in Blount
Sold Oct 01, 2020
$195,000
$171,000 by Smartbank
Mortgage Due Jan 01, 2050
Sold Jul 10, 2006
$142,300
$113,840 by New Century Mortgage
Mortgage Due Jul 10, 2036
508 Peterson Lane in Maryville, TN was first built in 1972 and is 52 years old. Although, the building on the property was most recently renovated and altered in 2003. 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. 508 Peterson Lane has 1,420 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 linear feet across the front of the lot is 1,200 ft and the linear feet between the front and back of the lot is 1,600. In total, the area measurement of the land is 19,166 square feet.

Learn more about the property and building on this page. There is a 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 home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 399 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 brick. 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 a packaged air conditioning unit. As for heating, the home is utilizing a heating 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, 508 Peterson Lane was last sold in Sep 25, 2020 for $195,000. According to our calculations, that's $137.32 per sqft. Prior to that sales transaction, the property was sold for $142,300 in Jan 1, 1970. Current property owners are expected to pay $857 in taxes per year. The property on 508 Peterson Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $70,325. To break that down further, the land itself was valued at $15,000. While improvements to the property were assessed at a total of $55,325. 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. 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.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.

Building Features

Exterior

Brick Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 2003
  • 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: Brick
  • 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: Building with no basement
  • Basement Area: 0
  • Garage Square Area: 399
  • Parking Space Count: 1
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 19,166
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,420
  • Building Area: 1,420
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,420
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FAIRVIEW-SENTELL
  • Land Acres: 0.44
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FAIRVIEW-SENTELL UNIT 2 12

Ownership

  • Current Owner : GILMORE DAVID R
  • Current Owner 2: GILMORE HEATHER C
  • Previous Owner : DANIELS JANET L
  • Owner Before Previous Owner: POPLIN BRADLEY TODD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Blount County School District
  • Census Tract: 011102

Zoning

  • Zoning: S

Geography

  • Assessors Map Reference: 079G
  • District: 06
  • Parcel: 005079G A 05100
  • Lot: 12
  • Latitude: 35.7071
  • Longitude: -84.0068

    Address

  • Full Address: 508 Peterson Ln
  • Address - House Number: 508
  • Address - Street Name: Peterson
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Maryville
  • Carrier Code: R016
  • 4-Digit Zip Code: 8849
  • Zip Code: 37803

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $857
  • Tax Rate Code Area: 05A00

    Appraisal Valuation

  • Standard Deviation: 0.2245
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 308,239
  • High Value: 377,450
  • Low Value: 239,028

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $171,000
  • First Open Lien Mortgage Lender: SMARTBANK
  • First Open Lien Mortgage Recording Date: Oct 01, 2020
  • First Open Lien Mortgage Loan Amount: $171,000
  • 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: Jan 01, 2050

    Market Valuation

  • Market Total Value: $281,300
  • Market Land Value: $60,000
  • Market Improvement Value: $221,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,325
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $55,325

    Sales

  • Current Sale Contract Date: Sep 25, 2020
  • Current Sale Recording Date: Oct 01, 2020
  • Current Sale Transaction ID: 11793738824
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 885826
  • Previous Sale Recording Date: Jul 10, 2006
  • Previous Sale Amount: $142,300
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SMARTBANK
  • First Mortgage Transaction Date: Oct 01, 2020
  • First Mortgage Loan Amount: $171,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: NEW CENTURY MORTGAGE
  • Previous Mortgage Transaction Date: Jul 19, 2006
  • Previous Mortgage Loan Amount: $113,840
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 10, 2036

About Blount



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Frequently Asked Questions

What neighborhood is 508 Peterson Lane located in?
The 508 Peterson Lane is a house located in the neighborhood of Blount in Blount, Maryville.
What is the average sales price for listings in 508 Peterson Lane?
The average sales price for units in 508 Peterson Lane is $0 currently.

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