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7109 Gainesborough Drive

7109 Gainesborough Drive, Knoxville, TN 37909
Property in Knox
Sold Dec 06, 2022
$555,000
$416,250 by Truist Bank
Mortgage Due Jan 01, 2053
Sold Jun 01, 2017
$290,000
$290,000 by Regions Bank
Mortgage Due Feb 10, 2043
7109 Gainesborough Drive in Knoxville, TN was first built in 1959 and is 65 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 custom 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. 7109 Gainesborough Drive has 1,990 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 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 420 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 average. 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, 7109 Gainesborough Drive sold most recently in Dec 1, 2022 for a total of $555,000. If you work out the math, that's approximately a cost of $278.89 per sqft. Before that, the property was also sold for $290,000 in May 30, 2017. 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 $3,614 in taxes each year. 7109 Gainesborough Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $97,425. 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.

Building Features

Exterior

Brick Exterior

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1995
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Custom
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 24,002
  • Lot Size Depth Feet: 200
  • Lot Size Frontage Feet: 120
  • Total Building Area: 1,990
  • Gross Building Area: 1,990
  • Building Area: 1,990
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,990
  • 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: Possessory Interest (misc.)
  • Legal Description 1: SUBDIVISIONNAME WEST HILLS UNIT 7 MAPPLATB 22 MAPPLATP 130 DIMENSIONS 120 X 200

Ownership

  • Current Owner : GRIFFIN KRISTINE
  • Current Owner 2: BARTELS JANE
  • Previous Owner : REED ALLEN TYLER
  • Previous Owner 2: PAYNE KENDALL
  • Owner Before Previous Owner: SHEARER JOHN C
  • Owner Before Previous Owner 2: SHEARER LAURA A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Geography

  • Assessors Map Reference: MAP #120C
  • District: CIT
  • Parcel: 120CC024
  • Block: Z
  • Lot: 10
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9345
  • Longitude: -84.0278

    Address

  • Full Address: 7109 Gainesborough Dr
  • Legal Unit: 7
  • Address - House Number: 7109
  • Address - Street Name: Gainesborough
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C083
  • 4-Digit Zip Code: 3006
  • Zip Code: 37909

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,614

    Appraisal Valuation

  • Standard Deviation: 0.213
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 70
  • Final Value: 525,843
  • High Value: 637,857
  • Low Value: 413,830

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $416,250
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Dec 06, 2022
  • First Open Lien Mortgage Loan Amount: $416,250
  • 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: Jan 01, 2053

    Market Valuation

  • Market Total Value: $389,700
  • Market Land Value: $43,700
  • Market Improvement Value: $346,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,425

    Sales

  • Current Sale Contract Date: Dec 01, 2022
  • Current Sale Recording Date: Dec 06, 2022
  • Current Sale Transaction ID: 11899622562
  • Current Sale Price: $555,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 33307
  • Previous Sale Recording Date: Jun 01, 2017
  • Previous Sale Contract Date: May 30, 2017
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Dec 06, 2022
  • First Mortgage Loan Amount: $416,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS BANK
  • Previous Mortgage Transaction Date: Jun 01, 2017
  • Previous Mortgage Loan Amount: $290,000
  • Previous Mortgage Term: 307
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 10, 2043

About Knoxville



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Nearby Rentals

Unit for rent at 2313 Piney Grove Church Rd, Knoxville, TN, 37909

$2,300 /mo

  • 4 Beds
  • 2 Baths
  • 2,052 ft²
2313 Piney Grove Church Rd, Knoxville, TN, 37909 Listing by Kathy Parker

Frequently Asked Questions

What neighborhood is 7109 Gainesborough Drive located in?
The 7109 Gainesborough Drive is a located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 7109 Gainesborough Drive?
The average sales price for units in 7109 Gainesborough Drive is $0 currently.

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