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5605 Lakepoint Court Southeast

5605 Lakepoint Court Southeast, Knoxville, TN 37920
House in Knox
Sold Jul 12, 2018
$185,000
Sold Aug 01, 2003
$125,000
$124,019 by Wells Fargo Home Mortgage Inc
Mortgage Due Aug 01, 2033
5605 Lakepoint Court Southeast 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 1945 and is 79 years old. However, we must point out that the home was most recently renovated and altered in 1995. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 5605 Lakepoint Court Southeast has 1,620 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 225 ft and across the front of the lot is 221 ft. The area measurement of the land has been determined as 49,746 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. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 360 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as good. 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. 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, 5605 Lakepoint Court Southeast sold most recently in Jul 3, 2018 for a total of $185,000. If you work out the math, that's approximately a cost of $114.20 per sqft. Before that, the property was also sold for $125,000 in Jul 31, 2003. 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 $2,080 in taxes each year. 5605 Lakepoint Court Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $56,075. 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: 1945
  • Effective Year Built: 1995
  • Total Rooms: 5
  • 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
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 49,746
  • Lot Size Depth Feet: 225
  • Lot Size Frontage Feet: 221
  • Total Building Area: 1,620
  • Gross Building Area: 1,620
  • Building Area: 1,620
  • Building Area Measurement: Living Area

    Heating and Cooling

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

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAKE FOREST FIRST ADD
  • Land Acres: 1.142
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Surface rights (grazing, timber, coal)
  • Legal Description 1: SUBDIVISIONNAME LAKE FOREST FIRST ADD DIMENSIONS 205 X 91.6 X IRR

Ownership

  • Current Owner : MORELOCK ARTHUR D
  • Current Owner 2: MINNICK JUDY D
  • Previous Owner : LUBIANI DENISHA
  • Previous Owner 2: LUBIANI MICHAEL CHARLES
  • Owner Before Previous Owner: PIERSON RACHEL A

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 003400

Geography

  • Assessors Map Reference: MAP #123E
  • District: CIT
  • Parcel: 123EJ006
  • Lot: 57
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9248
  • Longitude: -83.8818

    Address

  • Full Address: 5605 Lake Point Ct
  • Address - House Number: 5605
  • Address - Street Name: Lake Point
  • Address - Suffix Type: Ct
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C064
  • 4-Digit Zip Code: 5193
  • Zip Code: 37920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,080

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 68
  • Final Value: 338,162
  • High Value: 415,141
  • Low Value: 261,182

    Market Valuation

  • Market Total Value: $224,300
  • Market Land Value: $34,700
  • Market Improvement Value: $189,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $56,075

    Sales

  • Current Sale Contract Date: Jul 03, 2018
  • Current Sale Recording Date: Jul 12, 2018
  • Current Sale Transaction ID: 11501898208
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201807120002639
  • Previous Sale Recording Date: Aug 01, 2003
  • Previous Sale Contract Date: Jul 31, 2003
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMONWEALTH CREDIT UNION
  • First Mortgage Transaction Date: Jul 12, 2018
  • First Mortgage Loan Amount: $110,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Jul 03, 2048

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 01, 2003
  • Previous Mortgage Loan Amount: $124,019
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2033

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Frequently Asked Questions

What neighborhood is 5605 Lakepoint Court Southeast located in?
The 5605 Lakepoint Court Southeast is a house located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 5605 Lakepoint Court Southeast?
The average sales price for units in 5605 Lakepoint Court Southeast is $0 currently.

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