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5601 Ludbury Lane Northwest

5601 Ludbury Lane Northwest, Knoxville, TN 37921
House in Knox
Sold Sep 01, 2017
$126,200
Buyer
$110,000 by New Penn Financial Llc
Mortgage Due Sep 01, 2047
Sold Jan 18, 2008
$69,712
5601 Ludbury Lane Northwest in Knoxville, TN was first built in 1976 and is 48 years old. Although, the building on the property was most recently renovated and altered in 2004. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5601 Ludbury Lane Northwest has 1,008 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 520 ft and the linear feet between the front and back of the lot is 1,304. In total, the area measurement of the land is 14,069 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 asphalt. 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 288 sqft. There is one available parking space. 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. The property was last sold in Aug 31, 2017 for $126,200. That's $125.20 per sqft. Prior to that sales transaction, the property was also sold in Jan 16, 2008 for $69,712. 5601 Ludbury Lane Northwest was last assessed in 2023. The total value of the property was assessed at $40,350. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,497. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 2004
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,069
  • Lot Size Depth Feet: 1,304
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,008
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FAIROAKS UNIT-2
  • Land Acres: 0.323
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Surface rights (grazing, timber, coal)
  • Legal Description 1: SUBDIVISIONNAME FAIROAKS UNIT-2 MAPPLATB 53-S MAPPLATP 14 DIMENSIONS 52M X 130.35 X IRR

Ownership

  • Current Owner : YE QIAN
  • Previous Owner : TREADWELL JUSTIN
  • Owner Before Previous Owner: KELLEY AARON M

Neighborhood

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

Geography

  • Assessors Map Reference: MAP #92F
  • District: CIT
  • Parcel: 092FA026
  • Block: C
  • Lot: 21
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.973
  • Longitude: -84.0345

    Address

  • Full Address: 5601 Ludbury Ln
  • Legal Unit: 2
  • Address - House Number: 5601
  • Address - Street Name: Ludbury
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C029
  • 4-Digit Zip Code: 3826
  • Zip Code: 37921

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,497

    Appraisal Valuation

  • Standard Deviation: 0.2522
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 64
  • Final Value: 255,754
  • High Value: 320,276
  • Low Value: 191,232

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,000
  • First Open Lien Mortgage Lender: NEW PENN FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Sep 01, 2017
  • First Open Lien Mortgage Loan Amount: $110,000
  • 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

    Market Valuation

  • Market Total Value: $161,400
  • Market Land Value: $20,000
  • Market Improvement Value: $141,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,350

    Sales

  • Current Sale Contract Date: Aug 31, 2017
  • Current Sale Recording Date: Sep 01, 2017
  • Current Sale Transaction ID: 1736480423
  • Current Sale Price: $126,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201709010014431
  • Previous Sale Recording Date: Jan 18, 2008
  • Previous Sale Contract Date: Jan 16, 2008
  • Previous Sale Amount: $69,712
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW PENN FINANCIAL LLC
  • First Mortgage Transaction Date: Sep 01, 2017
  • First Mortgage Loan Amount: $110,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2047

About Knoxville



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Frequently Asked Questions

What neighborhood is 5601 Ludbury Lane Northwest located in?
The 5601 Ludbury Lane Northwest is a house located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 5601 Ludbury Lane Northwest?
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