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7021 Gainesborough Drive

7021 Gainesborough Drive, Knoxville, TN 37909
Property in Knox
Sold Apr 22, 2020
$325,000
$332,475 by Mortgage Investors Group Inc
Mortgage Due May 01, 2050
Sold Jul 17, 2015
$236,500
$205,755 by Mortgage Investment Group
Mortgage Due Aug 01, 2045
7021 Gainesborough Drive in Knoxville, TN was first built in 1958 and is 66 years old. Although, the building on the property was most recently renovated and altered in 2008. 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. 7021 Gainesborough Drive has 1,740 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 120 ft and the linear feet between the front and back of the lot is 200. In total, the area measurement of the land is 24,002 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 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 mixed used garage. The garage is 580 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 B. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. 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. 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, 7021 Gainesborough Drive sold most recently in Apr 16, 2020 for a total of $325,000. If you work out the math, that's approximately a cost of $186.78 per sqft. Before that, the property was also sold for $236,500 in Jul 13, 2015. 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 $3,002 in taxes each year. 7021 Gainesborough Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $80,925. 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: 1958
  • Effective Year Built: 2008
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: B
  • 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: 580
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 24,002
  • Lot Size Depth Feet: 200
  • Lot Size Frontage Feet: 120
  • Total Building Area: 1,740
  • Gross Building Area: 1,740
  • Building Area: 1,740
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,740
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WEST HILLS UNIT 7
  • Land Acres: 0.551
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Surface rights (grazing, timber, coal)
  • Legal Description 1: SUBDIVISIONNAME WEST HILLS UNIT 7 MAPPLATB 22 MAPPLATP 130 DIMENSIONS 120 X 200

Ownership

  • Current Owner : COLEY WILLIAM P
  • Current Owner 2: COLEY EMILY E
  • Previous Owner : KELLY PATRICK B
  • Previous Owner 2: KELLY ERIN B
  • Owner Before Previous Owner: JOHNSON BETH M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 004501

Geography

  • Assessors Map Reference: MAP #120C
  • District: CIT
  • Parcel: 120CC020
  • Block: Z
  • Lot: 6
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9349
  • Longitude: -84.0263

    Address

  • Full Address: 7021 Gainesborough Dr
  • Legal Unit: 7
  • Address - House Number: 7021
  • Address - Street Name: Gainesborough
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C083
  • 4-Digit Zip Code: 3005
  • Zip Code: 37909

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,002

    Appraisal Valuation

  • Standard Deviation: 0.213
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 70
  • Final Value: 470,949
  • High Value: 571,268
  • Low Value: 370,629

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $332,475
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Apr 22, 2020
  • First Open Lien Mortgage Loan Amount: $332,475
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $323,700
  • Market Land Value: $54,600
  • Market Improvement Value: $269,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,925

    Sales

  • Current Sale Contract Date: Apr 16, 2020
  • Current Sale Recording Date: Apr 22, 2020
  • Current Sale Transaction ID: 11758429988
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202004220070060
  • Previous Sale Recording Date: Jul 17, 2015
  • Previous Sale Contract Date: Jul 13, 2015
  • Previous Sale Amount: $236,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Apr 22, 2020
  • First Mortgage Loan Amount: $332,475
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE INVESTMENT GROUP
  • Previous Mortgage Transaction Date: Jul 17, 2015
  • Previous Mortgage Loan Amount: $205,755
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2045

About Knoxville



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305 Montvue Rd, Knoxville, TN, 37919 Listing by Mason Bercaw

Frequently Asked Questions

What neighborhood is 7021 Gainesborough Drive located in?
The 7021 Gainesborough Drive is a located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 7021 Gainesborough Drive?
The average sales price for units in 7021 Gainesborough Drive is $0 currently.

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