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5107 Morningstar Lane

5107 Morningstar Lane, Knoxville, TN 37909
Land in Knox
Sold Oct 16, 2023
$599,900
$403,900 by Mortgage Investors Group
Mortgage Due Nov 01, 2053
Sold Mar 01, 2021
$350,000
This has been categorized as a residential property type. The linear feet across the front of the lot is 1,027 ft and the linear feet between the front and back of the lot is 1,466. In total, the area measurement of the land is 15,007 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. The property is connected to a sewer system. As for heating, the home is utilizing gas. 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, 5107 Morningstar Lane sold most recently in Oct 12, 2023 for a total of $599,900. Before that, the property was also sold for $350,000 in Feb 26, 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 $216 in taxes each year. 5107 Morningstar Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $10,000. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,007
  • Lot Size Depth Feet: 1,466
  • Lot Size Frontage Feet: 1,027
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • 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
  • Legal Description 1: SUBDIVISIONNAME FAR VIEW HILLS UNIT 3 MAPPLATB 20060228 MAPPLATP 0072668 DIMENSIONS 102.67 X 146.57 X IRR

Ownership

  • Current Owner : VANDE BRAKE MATTHEW
  • Current Owner 2: VANDE BRAKE SHANE
  • Previous Owner : H & A BUILDERS LLC
  • Owner Before Previous Owner: WOOD HEAT PRODUCTS INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

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

Geography

  • Assessors Map Reference: MAP #107B
  • District: CIT
  • Parcel: 107BF022
  • Lot: 22
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.957
  • Longitude: -83.9961

    Address

  • Full Address: 5107 Morningstar Ln
  • Legal Unit: 3
  • Address - House Number: 5107
  • Address - Street Name: Morningstar
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C062
  • 4-Digit Zip Code: 1371
  • Zip Code: 37909

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $216

    Appraisal Valuation

  • Standard Deviation: 0.1859
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 75
  • Final Value: 95,313
  • High Value: 113,036
  • Low Value: 77,590

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $403,900
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP
  • First Open Lien Mortgage Recording Date: Oct 16, 2023
  • First Open Lien Mortgage Loan Amount: $403,900
  • 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, 2053

    Market Valuation

  • Market Total Value: $40,000
  • Market Land Value: $40,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,000

    Sales

  • Current Sale Contract Date: Oct 12, 2023
  • Current Sale Recording Date: Oct 16, 2023
  • Current Sale Transaction ID: 11914724020
  • Current Sale Price: $599,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19678
  • Previous Sale Recording Date: Mar 01, 2021
  • Previous Sale Contract Date: Feb 26, 2021
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP
  • First Mortgage Transaction Date: Oct 16, 2023
  • First Mortgage Loan Amount: $403,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2053

About Knoxville



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Frequently Asked Questions

What neighborhood is 5107 Morningstar Lane located in?
The 5107 Morningstar Lane is a land located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 5107 Morningstar Lane?
The average sales price for units in 5107 Morningstar Lane is $0 currently.

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