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5406 Laruel Creek Way

5406 Laruel Creek Way, Knoxville, TN 37924
House in Knox
Sold Apr 24, 2020
$242,900
$194,300 by Ornl Fcu
Mortgage Due May 01, 2050
Sold Jan 03, 2019
$221,650
$221,650 by Mortgage Investors Group Inc
Mortgage Due Jan 01, 2049
Local assessors in Knoxville, TN have categorized 5406 Laruel Creek Way as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 4,663 square feet. The linear feet between the front and back of the lot was measured at 870 ft and the front of the lot was measured at 530 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 5 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5406 Laruel Creek Way has a total of 2,496 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 none system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 - D. 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 heat pump is the primary heating source and it is being fueled with electricity. 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, 5406 Laruel Creek Way was last sold in Apr 23, 2020 for $242,900. According to our calculations, that's $97.32 per sqft. Prior to that sales transaction, the property was sold for $221,650 in Dec 31, 2018. Current property owners are expected to pay $2,552 in taxes per year. The property on 5406 Laruel Creek Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $68,800. 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Contemporary
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,663
  • Lot Size Depth Feet: 870
  • Lot Size Frontage Feet: 530
  • Total Building Area: 2,496
  • Gross Building Area: 2,496
  • Building Area: 2,496
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,496
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: CLEAR SPRINGS PLANTATION UNIT 1 PHASE 4
  • Land Acres: 0.107
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Leasehold rights (misc.)
  • Legal Description 1: DIMENSIONS 53.26 X 87.55 X IRR LOWLOT 17R SUBDIVISIONNA ME CLEAR SPRINGS PLANTATION UNIT 1 PHASE 4 PLATNUMBER 2

Ownership

  • Current Owner : KOUVAS DAVID KONSTANTINOS
  • Current Owner 2: KOUVAS REBECCA MAEBETH
  • Previous Owner : BURNEY CEVIN D
  • Previous Owner 2: BURNEY SHERRY L
  • Owner Before Previous Owner: D R HORTON INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 005202

Geography

  • Assessors Map Reference: MAP #60H
  • District: CIT
  • Subdivision Phase Number: 4
  • Parcel: 060HE10419
  • Lot: 17R
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 36.0316
  • Longitude: -83.8625

    Address

  • Full Address: 5406 Laurel Creek Way
  • Legal Unit: 1
  • Address - House Number: 5406
  • Address - Street Name: Laurel Creek
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Knoxville
  • Carrier Code: H001
  • 4-Digit Zip Code: 3130
  • Zip Code: 37924

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,552

    Appraisal Valuation

  • Standard Deviation: 0.2237
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 69
  • Final Value: 397,292
  • High Value: 486,167
  • Low Value: 308,417

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $194,300
  • First Open Lien Mortgage Lender: ORNL FCU
  • First Open Lien Mortgage Recording Date: Apr 24, 2020
  • First Open Lien Mortgage Loan Amount: $194,300
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $275,200
  • Market Land Value: $20,000
  • Market Improvement Value: $255,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,800

    Sales

  • Current Sale Contract Date: Apr 23, 2020
  • Current Sale Recording Date: Apr 24, 2020
  • Current Sale Transaction ID: 11758413728
  • Current Sale Price: $242,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202004240070511
  • Previous Sale Recording Date: Jan 03, 2019
  • Previous Sale Contract Date: Dec 31, 2018
  • Previous Sale Amount: $221,650
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ORNL FCU
  • First Mortgage Transaction Date: Apr 24, 2020
  • First Mortgage Loan Amount: $194,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • Previous Mortgage Transaction Date: Jan 03, 2019
  • Previous Mortgage Loan Amount: $221,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jan 01, 2049

About Knoxville



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Frequently Asked Questions

What neighborhood is 5406 Laruel Creek Way located in?
The 5406 Laruel Creek Way is a house located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 5406 Laruel Creek Way?
The average sales price for units in 5406 Laruel Creek Way is $0 currently.

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