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513 Billy Neal Lane

513 Billy Neal Lane, Knoxville, TN 37924
Property in Knox
Sold Dec 19, 2016
$91,112
$86,556 by Mortgage Investors Group Inc
Mortgage Due Jan 01, 2047
Sold Dec 01, 2016
$89,600
Local assessors in Knoxville, TN have categorized 513 Billy Neal Lane as a residential type of property. The home was built in 1990 and is 34 years old. It was most recently renovated and altered in 2002. The property's lot size has been calculated to be 65,340 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. 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 513 Billy Neal Lane has a total of 1,464 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 water system. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. In addition, there is a above ground pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 roof that is made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. 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, 513 Billy Neal Lane was last sold in Dec 16, 2016 for $91,112. According to our calculations, that's $62.23 per sqft. Prior to that sales transaction, the property was sold for $89,600 in Nov 22, 2016. Current property owners are expected to pay $733 in taxes per year. The property on 513 Billy Neal Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $47,200. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 2002
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 576
  • Parking Space Count: 4
  • Porch Type: Open porch
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 1,464
  • Gross Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,464
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: NELLIE HUBBARD PROPERTY
  • Land Acres: 1.5
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Surface rights (grazing, timber, coal)
  • Legal Description 1: SUBDIVISIONNAME NELLIE HUBBARD PROPERTY MAPPLATB 103L M APPLATP 17 DIMENSIONS SUR

Ownership

  • Current Owner : JENNINGS JOHN DANIEL
  • Previous Owner : CASTRO JULIAN
  • Owner Before Previous Owner: WILLIAMS TERESA P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 005302

Geography

  • Assessors Map Reference: MAP #73
  • District: COU
  • Parcel: 073 10308
  • Municipality: COUNTY OF KNOX
  • Latitude: 36.0124
  • Longitude: -83.7523

    Address

  • Full Address: 513 Billy Neal Ln
  • Address - House Number: 513
  • Address - Street Name: Billy Neal
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Knoxville
  • Carrier Code: R108
  • 4-Digit Zip Code: 4302
  • Zip Code: 37924

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $733

    Appraisal Valuation

  • Standard Deviation: 0.2523
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 64
  • Final Value: 270,726
  • High Value: 339,038
  • Low Value: 202,414

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $86,556
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Dec 19, 2016
  • First Open Lien Mortgage Loan Amount: $86,556
  • 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, 2047

    Market Valuation

  • Market Total Value: $188,800
  • Market Land Value: $18,700
  • Market Improvement Value: $170,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,200

    Sales

  • Current Sale Contract Date: Dec 16, 2016
  • Current Sale Recording Date: Dec 19, 2016
  • Current Sale Transaction ID: 1806232733
  • Current Sale Price: $91,112
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201612190038639
  • Previous Sale Recording Date: Dec 01, 2016
  • Previous Sale Contract Date: Nov 22, 2016
  • Previous Sale Amount: $89,600
  • Previous Sale Document Type: Correction Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Dec 19, 2016
  • First Mortgage Loan Amount: $86,556
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2047

About Knox



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Frequently Asked Questions

What neighborhood is 513 Billy Neal Lane located in?
The 513 Billy Neal Lane is a located in the neighborhood of Knox in Knox, Knoxville.
What is the average sales price for listings in 513 Billy Neal Lane?
The average sales price for units in 513 Billy Neal Lane is $0 currently.

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