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5600 Chesswood Drive Northeast

5600 Chesswood Drive Northeast, Knoxville, TN 37912
Property in Knox
Sold Aug 29, 2023
$340,000
$333,841 by Churchill Mortgage Corporation
Mortgage Due Sep 01, 2053
Sold Aug 01, 2013
$140,000
$112,000 by New Penn Financial Llc
Mortgage Due Aug 01, 2043
5600 Chesswood Drive Northeast has been categorized by the local assessors in Knoxville, TN as a residential type of property. The building on the property was first built in 1966 and is 58 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5600 Chesswood Drive Northeast has 2,620 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,620 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,521 ft and across the front of the lot is 1,563 ft. The area measurement of the land has been determined as 17,393 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 5600 Chesswood Drive Northeast sold most recently in Aug 22, 2023 for a total of $340,000. If you work out the math, that's approximately a cost of $129.77 per sqft. Before that, the property was also sold for $140,000 in Jul 31, 2013. 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 $2,100 in taxes each year. 5600 Chesswood Drive Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $56,600. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Exterior

Block Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 2000
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,620
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 17,393
  • Lot Size Depth Feet: 1,521
  • Lot Size Frontage Feet: 1,563
  • Total Building Area: 2,620
  • Gross Building Area: 3,240
  • Building Area: 2,620
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,620
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ORCHARD HILL ANX (2009) 0-214-08
  • Land Acres: 0.399
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Surface rights (grazing, timber, coal)
  • Legal Description 1: SUBDIVISIONNAME ORCHARD HILL ANX (2009) 0-214-08 MAPPLA TB 38S MAPPLATP 9 DIMENSIONS 156.34 X 152.11 X IRR

Ownership

  • Current Owner : CARRELL CLAYTON
  • Current Owner 2: CARRELL JAMIE
  • Previous Owner : MORRISON JOHN BRENT
  • Previous Owner 2: MORRISON RANDI R
  • Owner Before Previous Owner: SIMPSON FAYE DIEHL
  • Owner Before Previous Owner 2: SIMPSON KENNETH D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 004900

Geography

  • Assessors Map Reference: MAP #57M
  • District: CIT
  • Parcel: 057MA028
  • Block: A
  • Lot: 13
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 36.0242
  • Longitude: -83.9707

    Address

  • Full Address: 5600 Chesswood Dr
  • Address - House Number: 5600
  • Address - Street Name: Chesswood
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C099
  • 4-Digit Zip Code: 2101
  • Zip Code: 37912

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,100

    Appraisal Valuation

  • Standard Deviation: 0.1961
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 73
  • Final Value: 333,793
  • High Value: 399,277
  • Low Value: 268,309

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $333,841
  • First Open Lien Mortgage Lender: CHURCHILL MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Aug 29, 2023
  • First Open Lien Mortgage Loan Amount: $333,841
  • 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: Sep 01, 2053

    Market Valuation

  • Market Total Value: $226,400
  • Market Land Value: $25,000
  • Market Improvement Value: $201,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $56,600

    Sales

  • Current Sale Contract Date: Aug 22, 2023
  • Current Sale Recording Date: Aug 29, 2023
  • Current Sale Transaction ID: 11911801500
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11203
  • Previous Sale Recording Date: Aug 01, 2013
  • Previous Sale Contract Date: Jul 31, 2013
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHURCHILL MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Aug 29, 2023
  • First Mortgage Loan Amount: $333,841
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: NEW PENN FINANCIAL LLC
  • Previous Mortgage Transaction Date: Aug 01, 2013
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $112,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Aug 01, 2043

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Frequently Asked Questions

What neighborhood is 5600 Chesswood Drive Northeast located in?
The 5600 Chesswood Drive Northeast is a located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 5600 Chesswood Drive Northeast?
The average sales price for units in 5600 Chesswood Drive Northeast is $0 currently.

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