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7116 Rising Road

7116 Rising Road, Knoxville, TN 37924
Property in Knox
Sold May 13, 2015
$45,000
$70,000 by Knoxville Habitat For Humanity
Mortgage Due Jan 01, 2043
Sold Dec 13, 2013
$100,000
$70,000 by Knoxville Habitat For Humanity
Mortgage Due Jan 01, 2043
Local assessors in Knoxville, TN have categorized 7116 Rising Road as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 16,454 square feet. The linear feet between the front and back of the lot was measured at 1,338 ft and the front of the lot was measured at 1,190 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7116 Rising Road has a total of 1,320 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 none 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - C. The building has a roof that is made of composition shingle. Lots of unknown 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. 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, 7116 Rising Road sold most recently in May 12, 2015 for a total of $45,000. If you work out the math, that's approximately a cost of $34.09 per sqft. Before that, the property was also sold for $100,000 in Dec 11, 2013. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $682 in taxes each year. 7116 Rising Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $43,875. 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: 2007
  • Effective Year Built: 2007
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 16,454
  • Lot Size Depth Feet: 1,338
  • Lot Size Frontage Feet: 1,190
  • Total Building Area: 1,320
  • Gross Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,320
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: OCTOBER WOODS PHASE II
  • Land Acres: 0.378
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Surface rights (grazing, timber, coal)
  • Legal Description 1: SUBDIVISIONNAME OCTOBER WOODS PHASE II MAPPLATB 2007041 8 MAPPLATP 0085237 DIMENSIONS 118.99 X 133.84 X IRR

Ownership

  • Current Owner : KNOXVILLE HABITAT FOR HUMANITY
  • Previous Owner : NIXON CARMELITA O
  • Owner Before Previous Owner: KNOXVILLE HABITAT FOR HUMANITY INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 005202

Geography

  • Assessors Map Reference: MAP #60D
  • District: COU
  • Subdivision Phase Number: 2
  • Parcel: 060DC006
  • Lot: 36
  • Municipality: COUNTY OF KNOX
  • Latitude: 36.0411
  • Longitude: -83.8254

    Address

  • Full Address: 7116 Rising Rd
  • Address - House Number: 7116
  • Address - Street Name: Rising
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Knoxville
  • Carrier Code: R027
  • 4-Digit Zip Code: 2435
  • Zip Code: 37924

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $682

    Appraisal Valuation

  • Standard Deviation: 0.2523
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 64
  • Final Value: 275,218
  • High Value: 344,664
  • Low Value: 205,772

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: KNOXVILLE HABITAT FOR HUMANITY
  • First Open Lien Mortgage Recording Date: Dec 13, 2013
  • First Open Lien Mortgage Loan Amount: $70,000
  • First Open Lien Mortgage Term: 348
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2043
  • Second Open Lien Mortgage Lender: KNOXVILLE HABITAT FOR HUMANITY
  • Second Open Lien Mortgage Recording Date: Dec 13, 2013
  • Second Open Lien Mortgage Loan Amount: $30,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second

    Market Valuation

  • Market Total Value: $175,500
  • Market Land Value: $10,000
  • Market Improvement Value: $165,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,875

    Sales

  • Current Sale Contract Date: May 12, 2015
  • Current Sale Recording Date: May 13, 2015
  • Current Sale Transaction ID: 1390324237
  • Current Sale Price: $45,000
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 201505130061740
  • Previous Sale Recording Date: Dec 13, 2013
  • Previous Sale Contract Date: Dec 11, 2013
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Limited Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: KNOXVILLE HABITAT FOR HUMANITY
  • Previous Mortgage Transaction Date: Dec 13, 2013
  • Previous Mortgage Loan Amount: $70,000
  • Previous Mortgage Term: 348
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2043

About Knox



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Frequently Asked Questions

What neighborhood is 7116 Rising Road located in?
The 7116 Rising Road is a located in the neighborhood of Knox in Knox, Knoxville.
What is the average sales price for listings in 7116 Rising Road?
The average sales price for units in 7116 Rising Road is $0 currently.

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