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534 Farragut Avenue Northeast

534 Farragut Avenue Northeast, Knoxville, TN 37917
House in Knox
Sold Dec 03, 2018
$91,000
$85,877 by Guaranty Trust Co
Mortgage Due Dec 01, 2048
Sold Sep 28, 2006
$84,000
$80,000 by First National Bank Of Oneida
Mortgage Due Mar 25, 2029
Local assessors in Knoxville, TN have categorized 534 Farragut Avenue Northeast as a residential type of property. The home was built in 1899 and is 125 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 7,231 square feet. The linear feet between the front and back of the lot was measured at 145 ft and the front of the lot was measured at 50 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. 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 534 Farragut Avenue Northeast has a total of 1,146 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 208 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 534 Farragut Avenue Northeast was last sold in Nov 28, 2018 for $91,000. According to our calculations, that's $79.41 per sqft. Prior to that sales transaction, the property was sold for $84,000 in Sep 25, 2006. Current property owners are expected to pay $1,123 in taxes per year. The property on 534 Farragut Avenue Northeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $30,275. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1899
  • Effective Year Built: 1985
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Traditional
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 208
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,231
  • Lot Size Depth Feet: 145
  • Lot Size Frontage Feet: 50
  • Total Building Area: 1,146
  • Gross Building Area: 1,354
  • Building Area: 1,146
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,146
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LINCOLN PARK
  • Land Acres: 0.166
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: SUBDIVISIONNAME LINCOLN PARK MAPPLATB 8 MAPPLATP 59 DIM ENSIONS 50 X 145

Ownership

  • Current Owner : MORGAN JAYNE ELIZABETH
  • Previous Owner : SWAIN BONN MATTHEW A
  • Previous Owner 2: SWAIN BONN CHRISTEN
  • Owner Before Previous Owner: HARRIS LAURA K
  • Owner Before Previous Owner 2: RENTENBACH MELISSA C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 002900

Geography

  • Assessors Map Reference: MAP #69N
  • District: CIT
  • Parcel: 069NA026
  • Block: 7
  • Lot: 3
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 36.0025
  • Longitude: -83.938

    Address

  • Full Address: 534 Farragut Ave
  • Address - House Number: 534
  • Address - Street Name: Farragut
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C045
  • 4-Digit Zip Code: 3607
  • Zip Code: 37917

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,123

    Appraisal Valuation

  • Standard Deviation: 0.4992
  • Valuation Date: Dec 06, 2023
  • Final Value: 100,546
  • High Value: 150,739
  • Low Value: 50,352

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $129,089
  • First Open Lien Mortgage Lender: GUARANTY TRUST CO
  • First Open Lien Mortgage Recording Date: Dec 03, 2018
  • First Open Lien Mortgage Loan Amount: $85,877
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2048
  • Second Open Lien Mortgage Lender: CENTEX HOME EQUITY CORP
  • Second Open Lien Mortgage Recording Date: Apr 09, 2001
  • Second Open Lien Mortgage Loan Amount: $43,212
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2031

    Market Valuation

  • Market Total Value: $121,100
  • Market Land Value: $8,900
  • Market Improvement Value: $112,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,275

    Sales

  • Current Sale Contract Date: Nov 28, 2018
  • Current Sale Recording Date: Dec 03, 2018
  • Current Sale Transaction ID: 11575762133
  • Current Sale Price: $91,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201812030033898
  • Previous Sale Recording Date: Sep 28, 2006
  • Previous Sale Contract Date: Sep 25, 2006
  • Previous Sale Amount: $84,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTY TRUST CO
  • First Mortgage Transaction Date: Dec 03, 2018
  • First Mortgage Loan Amount: $85,877
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2048
  • Second Mortgage Lender: TENNESSEE HOUSING DEVELOPMENT
  • Second Mortgage Transaction Date: Dec 03, 2018
  • Second Mortgage Loan Amount: $85,877
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: 2nd Mortgage made to cover Down Payment

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK OF ONEIDA
  • Previous Mortgage Transaction Date: Sep 28, 2006
  • Previous Mortgage Loan Amount: $80,000
  • Previous Mortgage Term: 269
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 25, 2029

About Knoxville



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Frequently Asked Questions

What neighborhood is 534 Farragut Avenue Northeast located in?
The 534 Farragut Avenue Northeast is a house located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 534 Farragut Avenue Northeast?
The average sales price for units in 534 Farragut Avenue Northeast is $96,500 , or $83/sqft. currently.

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