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7125 Merrick Drive Southwest

7125 Merrick Drive Southwest, Knoxville, TN 37919
House in Knox
Sold Mar 23, 2021
$1,000,000
Sold Aug 02, 2010
$720,000
$499,000 by Ornl Fcu
Mortgage Due Aug 01, 2030
7125 Merrick Drive Southwest in Knoxville, TN was first built in 1975 and is 49 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 contemporary style. It is a single story home. There are a total of 11 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 7125 Merrick Drive Southwest has 6,617 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 2,764 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 1,300 ft and the linear feet between the front and back of the lot is 3,873. In total, the area measurement of the land is 66,590 square feet.

Learn more about the property and building on this page. There is a open porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. 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 750 sqft. There are a total of 3 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 A. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7125 Merrick Drive Southwest was last sold in Mar 19, 2021 for $1,000,000. According to our calculations, that's $151.13 per sqft. Prior to that sales transaction, the property was sold for $720,000 in Jul 28, 2010. Current property owners are expected to pay $9,343 in taxes per year. The property on 7125 Merrick Drive Southwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $251,850. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Building Style

New Traditional

Exterior

Brick Exterior
Block Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1995
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 2,764
  • Garage Type: Attached
  • Garage Square Area: 750
  • Parking Space Count: 3
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 66,590
  • Lot Size Depth Feet: 3,873
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 6,617
  • Gross Building Area: 9,178
  • Building Area: 6,617
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 6,617
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HICKORY HILLS
  • Land Acres: 1.529
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Leasehold rights (misc.)
  • Legal Description 1: SUBDIVISIONNAME HICKORY HILLS MAPPLATB 48S MAPPLATP 3-4 DIMENSIONS 130M X 387.3 X IRR

Ownership

  • Current Owner : PETRONE MICHAEL
  • Current Owner 2: PETRONE ROSEMARY
  • Previous Owner : ARBOURNE SIMON D
  • Previous Owner 2: SPENCER CHRISTIE M
  • Owner Before Previous Owner: REGIONS BANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 004401

Geography

  • Assessors Map Reference: MAP #133D
  • District: CIT
  • Parcel: 133DB002
  • Lot: 15
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9121
  • Longitude: -84.0171

    Address

  • Full Address: 7125 Merrick Dr
  • Address - House Number: 7125
  • Address - Street Name: Merrick
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C037
  • 4-Digit Zip Code: 8119
  • Zip Code: 37919

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,343

    Appraisal Valuation

  • Standard Deviation: 0.1892
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 75
  • Final Value: 1,231,353
  • High Value: 1,464,380
  • Low Value: 998,326

    Market Valuation

  • Market Total Value: $1,007,400
  • Market Land Value: $60,000
  • Market Improvement Value: $947,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $251,850

    Sales

  • Current Sale Contract Date: Mar 19, 2021
  • Current Sale Recording Date: Mar 23, 2021
  • Current Sale Transaction ID: 11832661865
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202103230077405
  • Previous Sale Recording Date: Aug 02, 2010
  • Previous Sale Contract Date: Jul 28, 2010
  • Previous Sale Amount: $720,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: ORNL FCU
  • Previous Mortgage Transaction Date: Aug 02, 2010
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $499,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2030

About Knoxville



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Frequently Asked Questions

What neighborhood is 7125 Merrick Drive Southwest located in?
The 7125 Merrick Drive Southwest is a house located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 7125 Merrick Drive Southwest?
The average sales price for units in 7125 Merrick Drive Southwest is $0 currently.

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