Check Availability

7060 Yellow Oak Lane

7060 Yellow Oak Lane, Knoxville, TN 37931
Property in Knox
Sold Nov 19, 2012
$194,900
$150,000 by Third Federal S&l Association
Mortgage Due Apr 26, 2053
Sold Nov 06, 2001
$145,000
$130,000 by National City Mtg Co
Mortgage Due Nov 01, 2031
7060 Yellow Oak Lane 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 1997 and is 27 years old. However, we must point out that the home was most recently renovated and altered in 2015. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. 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, 7060 Yellow Oak Lane has 2,018 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 4,507 ft and across the front of the lot is 403 ft. The area measurement of the land has been determined as 117,412 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom 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 attached garage for those who require parking. The garage measured 483 sqft. According to our sources, there are a total of 2 available parking spaces. 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 unknown. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 7060 Yellow Oak Lane sold most recently in Nov 16, 2012 for a total of $194,900. If you work out the math, that's approximately a cost of $96.58 per sqft. Before that, the property was also sold for $145,000 in Nov 2, 2001. 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 $988 in taxes each year. 7060 Yellow Oak Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $63,600. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1997
  • Effective Year Built: 2015
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Custom
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 117,412
  • Lot Size Depth Feet: 4,507
  • Lot Size Frontage Feet: 403
  • Total Building Area: 2,018
  • Gross Building Area: 2,259
  • Building Area: 2,018
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,018
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WILLOW OAK S/D
  • Land Acres: 2.695
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Possessory Interest (misc.)
  • Legal Description 1: SUBDIVISIONNAME WILLOW OAK S/D MAPPLATB O-52 MAPPLATP D DIMENSIONS 40.26 X 450.74 X IRR

Ownership

  • Current Owner : NORRIS JAMES E
  • Current Owner 2: NORRIS EUNICE I
  • Previous Owner : ATKINS MICHAEL
  • Previous Owner 2: ATKINS JANET N
  • Owner Before Previous Owner: MONROE MICHAEL A
  • Owner Before Previous Owner 2: MONROE MELANIE H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 006002

Geography

  • Assessors Map Reference: MAP #78P
  • District: COU
  • Parcel: 078PA028
  • Lot: 28
  • Municipality: COUNTY OF KNOX
  • Latitude: 35.9871
  • Longitude: -84.0993

    Address

  • Full Address: 7060 Yellow Oak Ln
  • Address - House Number: 7060
  • Address - Street Name: Yellow Oak
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Knoxville
  • Carrier Code: R047
  • 4-Digit Zip Code: 2557
  • Zip Code: 37931

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $988

    Appraisal Valuation

  • Standard Deviation: 0.2315
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 67
  • Final Value: 439,689
  • High Value: 541,511
  • Low Value: 337,867

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: THIRD FEDERAL S&L ASSOCIATION
  • First Open Lien Mortgage Recording Date: May 04, 2023
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Apr 26, 2053

    Market Valuation

  • Market Total Value: $254,400
  • Market Land Value: $25,000
  • Market Improvement Value: $229,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,600

    Sales

  • Current Sale Contract Date: Nov 16, 2012
  • Current Sale Recording Date: Nov 19, 2012
  • Current Sale Transaction ID: 11444050995
  • Current Sale Price: $194,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201211190032906
  • Previous Sale Recording Date: Nov 06, 2001
  • Previous Sale Contract Date: Nov 02, 2001
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME FEDERAL BANK OF TENNESSEE
  • First Mortgage Transaction Date: Nov 19, 2012
  • First Mortgage Loan Amount: $155,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL CITY MTG CO
  • Previous Mortgage Transaction Date: Nov 06, 2001
  • Previous Mortgage Loan Amount: $130,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Nov 01, 2031

About Knox



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7060 Yellow Oak Lane located in?
The 7060 Yellow Oak Lane is a located in the neighborhood of Knox in Knox, Knoxville.
What is the average sales price for listings in 7060 Yellow Oak Lane?
The average sales price for units in 7060 Yellow Oak Lane is $0 currently.

Quantcast