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718 Atlantic Avenue Northeast

718 Atlantic Avenue Northeast, Knoxville, TN 37917
House in Knox
Sold Aug 02, 2018
$126,000
$119,556 by Platinum Financial Funding Llc
Mortgage Due Aug 01, 2048
Sold Oct 25, 2012
$83,500
$81,987 by Acopia Llc
Mortgage Due Nov 01, 2042
718 Atlantic Avenue Northeast 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 1899 and is 125 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 718 Atlantic Avenue Northeast has 1,454 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 727 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 150 ft and across the front of the lot is 50 ft. The area measurement of the land has been determined as 7,492 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional 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. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. 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 heat pump and being fueled with electricity. 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, 718 Atlantic Avenue Northeast sold most recently in Jul 31, 2018 for a total of $126,000. If you work out the math, that's approximately a cost of $86.66 per sqft. Before that, the property was also sold for $83,500 in Oct 19, 2012. 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 $1,366 in taxes each year. 718 Atlantic Avenue Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $36,825. 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: 1899
  • Effective Year Built: 1980
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Traditional
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 727
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,492
  • Lot Size Depth Feet: 150
  • Lot Size Frontage Feet: 50
  • Total Building Area: 1,454
  • Gross Building Area: 2,181
  • Building Area: 1,454
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,454
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SCOTTS PARK ADD
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: SUBDIVISIONNAME SCOTTS PARK ADD MAPPLATB 3 MAPPLATP 1 D IMENSIONS 50 X 150

Ownership

  • Current Owner : BECKMAN KAREN Y
  • Current Owner 2: BECKMAN HAROLD
  • Previous Owner : KEITH BRIAN
  • Owner Before Previous Owner: WILKERSON WESTON R
  • Owner Before Previous Owner 2: WILKERSON KRISTI L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 001500

Geography

  • Assessors Map Reference: MAP #81C
  • District: CIT
  • Parcel: 081CK005
  • Lot: 12
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.998
  • Longitude: -83.9342

    Address

  • Full Address: 718 Atlantic Ave
  • Address - House Number: 718
  • Address - Street Name: Atlantic
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C033
  • 4-Digit Zip Code: 4303
  • Zip Code: 37917

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,366

    Appraisal Valuation

  • Standard Deviation: 0.4992
  • Valuation Date: Dec 06, 2023
  • Final Value: 135,346
  • High Value: 202,911
  • Low Value: 67,780

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $134,556
  • First Open Lien Mortgage Lender: PLATINUM FINANCIAL FUNDING LLC
  • First Open Lien Mortgage Recording Date: Aug 02, 2018
  • First Open Lien Mortgage Loan Amount: $119,556
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2048
  • Second Open Lien Mortgage Lender: TENNESSEE HOUSING DEVELOPMENT
  • Second Open Lien Mortgage Recording Date: Aug 02, 2018
  • Second Open Lien Mortgage Loan Amount: $15,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment

    Market Valuation

  • Market Total Value: $147,300
  • Market Land Value: $9,500
  • Market Improvement Value: $137,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,825

    Sales

  • Current Sale Contract Date: Jul 31, 2018
  • Current Sale Recording Date: Aug 02, 2018
  • Current Sale Transaction ID: 11505088595
  • Current Sale Price: $126,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201808020007363
  • Previous Sale Recording Date: Oct 25, 2012
  • Previous Sale Contract Date: Oct 19, 2012
  • Previous Sale Amount: $83,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLATINUM FINANCIAL FUNDING LLC
  • First Mortgage Transaction Date: Aug 02, 2018
  • First Mortgage Loan Amount: $119,556
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: ACOPIA LLC
  • Previous Mortgage Transaction Date: Oct 25, 2012
  • Previous Mortgage Loan Amount: $81,987
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2042

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Frequently Asked Questions

What neighborhood is 718 Atlantic Avenue Northeast located in?
The 718 Atlantic Avenue Northeast is a house located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 718 Atlantic Avenue Northeast?
The average sales price for units in 718 Atlantic Avenue Northeast is $0 currently.

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