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5425 Summitridge Lane

5425 Summitridge Lane, Knoxville, TN 37921
House in Knox
Sold Sep 08, 2017
$325,000
$305,930 by Acopia Llc
Mortgage Due Sep 01, 2047
Sold Mar 08, 2016
$299,000
$284,050 by Mortgage Investors Group Inc
Mortgage Due Apr 01, 2046
5425 Summitridge Lane in Knoxville, TN was first built in 2002 and is 22 years old. Although, the building on the property was most recently renovated and altered in 2010. 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 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5425 Summitridge Lane has 3,039 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 basement is 978 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 850 ft and the linear feet between the front and back of the lot is 1,258. In total, the area measurement of the land is 10,693 square feet.

Learn more about the property and building on this page. There is a open 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. For those who need parking, there is a attached garage. The garage is 600 sqft. There are a total of 2 available parking spaces. 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 C. The condition of the building has been evaluated as good. The exterior walls of the home are made of unknown. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. 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. 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, 5425 Summitridge Lane sold most recently in Aug 31, 2017 for a total of $325,000. If you work out the math, that's approximately a cost of $106.94 per sqft. Before that, the property was also sold for $299,000 in Mar 1, 2016. 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 $3,019 in taxes each year. 5425 Summitridge Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $81,375. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

  • Year Built: 2002
  • Effective Year Built: 2010
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Custom
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 978
  • Garage Type: Attached
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,693
  • Lot Size Depth Feet: 1,258
  • Lot Size Frontage Feet: 850
  • Total Building Area: 3,039
  • Gross Building Area: 3,534
  • Building Area: 3,039
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,039
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SEVEN SPRINGS S/D ANX (2002) 0-491-94
  • Land Acres: 0.245
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Possessory Interest (misc.)
  • Legal Description 1: SUBDIVISIONNAME SEVEN SPRINGS S/D ANX (2002) 0-491-94 M APPLATB P-348 MAPPLATP B DIMENSIONS 85 X 125.82 X IRR

Ownership

  • Current Owner : WARD CARL E
  • Current Owner 2: WARD TRACEY SCHAEDEL
  • Previous Owner : DEEL ADAM D
  • Previous Owner 2: DEEL KELLY
  • Owner Before Previous Owner: THERIOT MATTHEW T
  • Owner Before Previous Owner 2: THERIOT EMILY R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 004607

Geography

  • Assessors Map Reference: MAP #92J
  • District: CIT
  • Parcel: 092JG012
  • Lot: 32
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9674
  • Longitude: -84.0399

    Address

  • Full Address: 5425 Summitridge Ln
  • Address - House Number: 5425
  • Address - Street Name: Summitridge
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C053
  • 4-Digit Zip Code: 3793
  • Zip Code: 37921

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,019

    Appraisal Valuation

  • Standard Deviation: 0.2163
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 70
  • Final Value: 523,788
  • High Value: 637,099
  • Low Value: 410,478

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $491,930
  • First Open Lien Mortgage Lender: ACOPIA LLC
  • First Open Lien Mortgage Recording Date: Sep 08, 2017
  • First Open Lien Mortgage Loan Amount: $305,930
  • 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: Sep 01, 2047
  • Second Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Second Open Lien Mortgage Recording Date: Dec 23, 2021
  • Second Open Lien Mortgage Loan Amount: $186,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $325,500
  • Market Land Value: $35,000
  • Market Improvement Value: $290,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,375

    Sales

  • Current Sale Contract Date: Aug 31, 2017
  • Current Sale Recording Date: Sep 08, 2017
  • Current Sale Transaction ID: 1736482190
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201709080015979
  • Previous Sale Recording Date: Mar 08, 2016
  • Previous Sale Contract Date: Mar 01, 2016
  • Previous Sale Amount: $299,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACOPIA LLC
  • First Mortgage Transaction Date: Sep 08, 2017
  • First Mortgage Loan Amount: $305,930
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • Previous Mortgage Transaction Date: Mar 08, 2016
  • Previous Mortgage Loan Amount: $284,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2046

About Knoxville



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Frequently Asked Questions

What neighborhood is 5425 Summitridge Lane located in?
The 5425 Summitridge Lane is a house located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 5425 Summitridge Lane?
The average sales price for units in 5425 Summitridge Lane is $0 currently.

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