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6624 Colonial Forest Lane

6624 Colonial Forest Lane, Knoxville, TN 37919
House in Knox
Sold Sep 26, 2017
$551,900
$490,000 by Gateway First Bank
Mortgage Due Sep 01, 2035
Sold Mar 30, 2017
$519,900
$415,920 by Notre Dame Fcu
Mortgage Due Apr 01, 2047
Local assessors in Knoxville, TN have categorized 6624 Colonial Forest Lane as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 22,876 square feet. The linear feet between the front and back of the lot was measured at 2,377 ft and the front of the lot was measured at 989 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 6624 Colonial Forest Lane has a total of 3,349 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,931 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 624 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 6624 Colonial Forest Lane was last sold in Sep 22, 2017 for $551,900. According to our calculations, that's $164.80 per sqft. Prior to that sales transaction, the property was sold for $519,900 in Mar 24, 2017. Current property owners are expected to pay $6,672 in taxes per year. The property on 6624 Colonial Forest Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $179,850. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,931
  • Garage Type: Attached
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 22,876
  • Lot Size Depth Feet: 2,377
  • Lot Size Frontage Feet: 989
  • Total Building Area: 3,349
  • Gross Building Area: 6,417
  • Building Area: 3,349
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,349
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: COLONIAL FOREST S/D
  • Land Acres: 0.525
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Leasehold rights (misc.)
  • Legal Description 1: SUBDIVISIONNAME COLONIAL FOREST S/D MAPPLATB 20071016 M APPLATP 0031958 DIMENSIONS 98.86 X 237.67 X IRR

Ownership

  • Current Owner : FOREST JAMES ALAN
  • Current Owner 2: FOREST SARA MAULL
  • Previous Owner : JAMES EMILY
  • Previous Owner 2: JAMES CHRISTOPHER
  • Owner Before Previous Owner: HUGHSTON HOMES OF TENNESSEE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 004401

Geography

  • Assessors Map Reference: MAP #121O
  • District: CIT
  • Parcel: 121OC00905
  • Lot: 8
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9139
  • Longitude: -83.9999

    Address

  • Full Address: 6624 Colonial Forest Ln
  • Address - House Number: 6624
  • Address - Street Name: Colonial Forest
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C025
  • 4-Digit Zip Code: 8350
  • Zip Code: 37919

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,672

    Appraisal Valuation

  • Standard Deviation: 0.2166
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 70
  • Final Value: 952,940
  • High Value: 1,159,423
  • Low Value: 746,457

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $490,000
  • First Open Lien Mortgage Lender: GATEWAY FIRST BANK
  • First Open Lien Mortgage Recording Date: Aug 17, 2020
  • First Open Lien Mortgage Loan Amount: $490,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2035

    Market Valuation

  • Market Total Value: $719,400
  • Market Land Value: $75,000
  • Market Improvement Value: $644,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $179,850

    Sales

  • Current Sale Contract Date: Sep 22, 2017
  • Current Sale Recording Date: Sep 26, 2017
  • Current Sale Transaction ID: 1736479174
  • Current Sale Price: $551,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201709260019486
  • Previous Sale Recording Date: Mar 30, 2017
  • Previous Sale Contract Date: Mar 24, 2017
  • Previous Sale Amount: $519,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW PENN FINANCIAL LLC
  • First Mortgage Transaction Date: Sep 26, 2017
  • First Mortgage Loan Amount: $441,520
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: NOTRE DAME FCU
  • Previous Mortgage Transaction Date: Mar 30, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $415,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2047

About Knoxville



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Frequently Asked Questions

What neighborhood is 6624 Colonial Forest Lane located in?
The 6624 Colonial Forest Lane is a house located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 6624 Colonial Forest Lane?
The average sales price for units in 6624 Colonial Forest Lane is $0 currently.

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