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602 Salisbury Lane

602 Salisbury Lane, Knoxville, TN 37934
Property in Knox
Sold Feb 07, 2013
$154,500
$146,775 by Guaranty Trust Co
Mortgage Due Mar 01, 2043
Sold May 16, 2012
$115,000
602 Salisbury Lane in Knoxville, TN was first built in 1986 and is 38 years old. Although, the building on the property was most recently renovated and altered in 1995. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 602 Salisbury Lane has 1,710 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 1,140 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 503 ft and the linear feet between the front and back of the lot is 2,094. In total, the area measurement of the land is 15,259 square feet.

Learn more about the property and building on this page. There is a screened porch and a patio. 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 528 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. The property was last sold in Feb 1, 2013 for $154,500. That's $90.35 per sqft. Prior to that sales transaction, the property was also sold in May 1, 2012 for $115,000. 602 Salisbury Lane was last assessed in 2023. The total value of the property was assessed at $60,975. 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 $948. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1986
  • Effective Year Built: 1995
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Contemporary
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,140
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 15,259
  • Lot Size Depth Feet: 2,094
  • Lot Size Frontage Feet: 503
  • Total Building Area: 1,710
  • Gross Building Area: 3,420
  • Building Area: 1,710
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,710
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WATERFORD S/D UNIT 3
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Leasehold rights (misc.)
  • Legal Description 1: SUBDIVISIONNAME WATERFORD S/D UNIT 3 MAPPLATB 87S MAPPL ATP 17 DIMENSIONS 50.29 X 209.4 X IRR

Ownership

  • Current Owner : REED SHANE M
  • Current Owner 2: REED AMBER
  • Previous Owner : JONES MARK
  • Previous Owner 2: JONES DAWN
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 005808

Geography

  • Assessors Map Reference: MAP #143O
  • District: COU
  • Parcel: 143OH019
  • Block: D
  • Lot: 28
  • Municipality: COUNTY OF KNOX
  • Latitude: 35.872
  • Longitude: -84.1429

    Address

  • Full Address: 602 Salisbury Ln
  • Legal Unit: 3
  • Address - House Number: 602
  • Address - Street Name: Salisbury
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C008
  • 4-Digit Zip Code: 5096
  • Zip Code: 37934

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $948

    Appraisal Valuation

  • Standard Deviation: 0.1919
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 74
  • Final Value: 355,795
  • High Value: 424,094
  • Low Value: 287,497

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $196,775
  • First Open Lien Mortgage Lender: GUARANTY TRUST CO
  • First Open Lien Mortgage Recording Date: Feb 07, 2013
  • First Open Lien Mortgage Loan Amount: $146,775
  • 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: Mar 01, 2043
  • Second Open Lien Mortgage Lender: REGIONS BANK
  • Second Open Lien Mortgage Recording Date: Apr 13, 2017
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 27, 2047

    Market Valuation

  • Market Total Value: $243,900
  • Market Land Value: $30,000
  • Market Improvement Value: $213,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,975

    Sales

  • Current Sale Contract Date: Feb 01, 2013
  • Current Sale Recording Date: Feb 07, 2013
  • Current Sale Transaction ID: 1113228442
  • Current Sale Price: $154,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201302070051904
  • Previous Sale Recording Date: May 16, 2012
  • Previous Sale Contract Date: May 01, 2012
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTY TRUST CO
  • First Mortgage Transaction Date: Feb 07, 2013
  • First Mortgage Loan Amount: $146,775
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2043

About Knox



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Frequently Asked Questions

What neighborhood is 602 Salisbury Lane located in?
The 602 Salisbury Lane is a located in the neighborhood of Knox in Knox, Knoxville.
What is the average sales price for listings in 602 Salisbury Lane?
The average sales price for units in 602 Salisbury Lane is $0 currently.

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