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538 Lone Willow Drive

538 Lone Willow Drive, Knoxville, TN 37934
Land in Knox
Sold Mar 05, 2021
$125,000
$845,800 by Ornl Fcu
Mortgage Due Jul 01, 2052
Sold Jul 08, 2019
$122,500
538 Lone Willow Drive in Knoxville, TN was first built in 2022 and is 2 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 6 partial bathrooms. 538 Lone Willow Drive has 4,900 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 932 ft and the linear feet between the front and back of the lot is 2,151. In total, the area measurement of the land is 20,025 square feet.

Learn more about the property and building on this page. There is a screened porch. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. The garage is 840 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 538 Lone Willow Drive was last sold in Feb 16, 2021 for $125,000. According to our calculations, that's $25.51 per sqft. Prior to that sales transaction, the property was sold for $122,500 in Jul 3, 2019. Current property owners are expected to pay $4,046 in taxes per year. The property on 538 Lone Willow Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $260,375. 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: 2022
  • Effective Year Built: 2022
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Custom
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Square Area: 840
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 20,025
  • Lot Size Depth Feet: 2,151
  • Lot Size Frontage Feet: 932
  • Total Building Area: 4,900
  • Building Area: 4,900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 4,900
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THE FARM AT WILLOW CREEK
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Possessory Interest (misc.)
  • Legal Description 1: SUBDIVISIONNAME THE FARM AT WILLOW CREEK MAPPLATB 20060 407 MAPPLATP 0084075 DIMENSIONS 93.15 X 215.06 X IRR

Ownership

  • Current Owner : LIEWELLYN JEFF
  • Current Owner 2: LIEWELLYN DAWN
  • Previous Owner : MORRIS KENNETH R
  • Previous Owner 2: MORRIS VICKI S
  • Owner Before Previous Owner: HASHEMIAN MEHRAD
  • Owner Before Previous Owner 2: HASHEMIAN VIDA N

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 005811

Geography

  • Assessors Map Reference: MAP #152O
  • District: FAR
  • Parcel: 152OA058
  • Lot: 60
  • Municipality: FARRAGUT
  • Latitude: 35.8546
  • Longitude: -84.185

    Address

  • Full Address: 538 Lone Willow Dr
  • Address - House Number: 538
  • Address - Street Name: Lone Willow
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Farragut
  • Carrier Code: R088
  • 4-Digit Zip Code: 4588
  • Zip Code: 37934

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,046

    Appraisal Valuation

  • Standard Deviation: 0.1859
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 75
  • Final Value: 1,049,967
  • High Value: 1,245,202
  • Low Value: 854,732

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $845,800
  • First Open Lien Mortgage Lender: ORNL FCU
  • First Open Lien Mortgage Recording Date: Jun 03, 2021
  • First Open Lien Mortgage Loan Amount: $845,800
  • First Open Lien Mortgage Term: 372
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $1,041,500
  • Market Land Value: $125,000
  • Market Improvement Value: $916,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,375

    Sales

  • Current Sale Contract Date: Feb 16, 2021
  • Current Sale Recording Date: Mar 05, 2021
  • Current Sale Transaction ID: 11832658772
  • Current Sale Price: $125,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202103050072133
  • Previous Sale Recording Date: Jul 08, 2019
  • Previous Sale Contract Date: Jul 03, 2019
  • Previous Sale Amount: $122,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHEAST BANK
  • First Mortgage Transaction Date: Mar 05, 2021
  • First Mortgage Loan Amount: $93,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Farragut



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,323 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 538 Lone Willow Drive located in?
The 538 Lone Willow Drive is a land located in the neighborhood of Knox in Farragut, Knoxville.
What is the average sales price for listings in 538 Lone Willow Drive?
The average sales price for units in 538 Lone Willow Drive is $0 currently.

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