Check Availability

701 Lake Forest Drive

701 Lake Forest Drive, Knoxville, TN 37920
House in Knox
Sold Sep 06, 2018
$180,000
$212,800 by Truist Bank
Mortgage
Sold May 19, 2006
$91,000
Nearby Listings
The property has no active listings. Please see other similar options below.
Unit for sale at 413 E Red Bud Rd, Knoxville, TN 37920

$1,499,000

  • 3 Beds
  • 3 Baths
  • 2,400 ft²
413 E Red Bud Rd, Knoxville, TN 37920 Listing by Joshua Christian

Unit for sale at 6301 Thomas Rd, Knoxville, TN 37920

$274,458

  • 3 Beds
  • 2 Baths
  • 1,435 ft²
6301 Thomas Rd, Knoxville, TN 37920 Listing by Laura Baker

Unit for sale at 334 W Ford Valley Rd, Knoxville, TN 37920

$489,900

  • 3 Beds
  • 2 Baths
  • 2,308 ft²
334 W Ford Valley Rd, Knoxville, TN 37920 Listing by Eric Rice

701 Lake Forest Drive in Knoxville, TN was first built in 1947 and is 77 years old. Although, the building on the property was most recently renovated and altered in 2000. 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 7 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. 701 Lake Forest Drive has 1,701 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 1,130 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 36 ft and the linear feet between the front and back of the lot is 114. In total, the area measurement of the land is 4,095 square feet.

Learn more about the property and building on this page. There is a open 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. 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 heat pump and being fueled with electricity. 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 Sep 4, 2018 for $180,000. That's $105.82 per sqft. Prior to that sales transaction, the property was also sold in Apr 10, 2006 for $91,000. 701 Lake Forest Drive was last assessed in 2023. The total value of the property was assessed at $57,300. 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 $2,125. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1947
  • Effective Year Built: 2000
  • Total Rooms: 7
  • 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: Composition shingle
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,130
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,095
  • Lot Size Depth Feet: 114
  • Lot Size Frontage Feet: 36
  • Total Building Area: 1,701
  • Gross Building Area: 3,390
  • Building Area: 1,701
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,701
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LAKE FOREST 1ST ADD
  • Land Acres: 0.094
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Surface rights (grazing, timber, coal)
  • Legal Description 1: SUBDIVISIONNAME LAKE FOREST 1ST ADD MAPPLATB 14 MAPPLAT P 2 DIMENSIONS 102 X 99.1 X IRR

Ownership

  • Current Owner : RUNNE NATHANIEL
  • Current Owner 2: RUNNE LINDSAY R
  • Previous Owner : FRYXELL JONATHAN E
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST CO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: MAP #123E
  • District: CIT
  • Parcel: 123EJ010
  • Lot: 71
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9247
  • Longitude: -83.881

    Address

  • Full Address: 701 Lake Forest Dr
  • Address - House Number: 701
  • Address - Street Name: Lake Forest
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C064
  • 4-Digit Zip Code: 5943
  • Zip Code: 37920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,125

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 68
  • Final Value: 338,045
  • High Value: 414,998
  • Low Value: 261,093

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $212,800
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Jun 13, 2023
  • First Open Lien Mortgage Loan Amount: $212,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $229,200
  • Market Land Value: $14,300
  • Market Improvement Value: $214,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,300

    Sales

  • Current Sale Contract Date: Sep 04, 2018
  • Current Sale Recording Date: Sep 06, 2018
  • Current Sale Transaction ID: 11521927508
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201809060015532
  • Previous Sale Recording Date: May 19, 2006
  • Previous Sale Contract Date: Apr 10, 2006
  • Previous Sale Amount: $91,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Sep 06, 2018
  • First Mortgage Loan Amount: $174,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2048

About Knoxville



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 2100 Berea Ave, Knoxville, TN, 37920

$1,875 /mo

  • 3 Beds
  • 1 Bath
2100 Berea Ave, Knoxville, TN, 37920 Listing by Manager

Frequently Asked Questions

What neighborhood is 701 Lake Forest Drive located in?
The 701 Lake Forest Drive is a house located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 701 Lake Forest Drive?
The average sales price for units in 701 Lake Forest Drive is $0 currently.

Quantcast