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721 Spring Park Road

721 Spring Park Road, Knoxville, TN 37914
Property in Knox
Sold Oct 27, 2017
$129,900
$117,012 by Mortgage Investment Group
Mortgage Due Nov 01, 2047
Sold Jun 13, 2007
$24,000
$111,776 by Commercial Bank Inc
Mortgage Due Jun 10, 2008
721 Spring Park Road in Knoxville, TN was first built in 2007 and is 17 years old. Although, the building on the property was most recently renovated and altered in 2015. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. It is a single story home. There are a total of 7 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. 721 Spring Park Road has 1,344 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 470 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 5,640 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. For those who love swimming as a form of exercise, you'll be excited to find out that there is a spa or hot tub but no 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 440 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 D. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. 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, 721 Spring Park Road sold most recently in Oct 26, 2017 for a total of $129,900. If you work out the math, that's approximately a cost of $96.65 per sqft. Before that, the property was also sold for $24,000 in Jun 11, 2007. 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 $1,454 in taxes each year. 721 Spring Park Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,200. 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: 2007
  • Effective Year Built: 2015
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Other
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 5,640
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 470
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,344
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SPRING HILL VILLAS PH-2
  • Land Acres: 0.129
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Royalty interest
  • Legal Description 1: SUBDIVISIONNAME SPRING HILL VILLAS PH-2 MAPPLATB 200301 16 MAPPLATP 0062223 DIMENSIONS 47 X 120

Ownership

  • Current Owner : STEPHENS WILMA P
  • Previous Owner : SOUTHERN MAGNOLIA HOMES LLC
  • Owner Before Previous Owner: METRO PROPERTIES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 003100

Geography

  • Assessors Map Reference: MAP #71A
  • District: CIT
  • Parcel: 071AL036
  • Lot: 53
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 36.0173
  • Longitude: -83.8649

    Address

  • Full Address: 721 Spring Park Rd
  • Address - House Number: 721
  • Address - Street Name: Spring Park
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C088
  • 4-Digit Zip Code: 3059
  • Zip Code: 37914

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,454

    Appraisal Valuation

  • Standard Deviation: 0.4992
  • Valuation Date: Dec 06, 2023
  • Final Value: 155,517
  • High Value: 233,151
  • Low Value: 77,882

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $132,012
  • First Open Lien Mortgage Lender: MORTGAGE INVESTMENT GROUP
  • First Open Lien Mortgage Recording Date: Oct 27, 2017
  • First Open Lien Mortgage Loan Amount: $117,012
  • 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: Nov 01, 2047
  • Second Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • Second Open Lien Mortgage Recording Date: Oct 27, 2017
  • 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
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2047

    Market Valuation

  • Market Total Value: $156,800
  • Market Land Value: $17,500
  • Market Improvement Value: $139,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,200

    Sales

  • Current Sale Contract Date: Oct 26, 2017
  • Current Sale Recording Date: Oct 27, 2017
  • Current Sale Transaction ID: 11331519497
  • Current Sale Price: $129,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201710270026574
  • Previous Sale Recording Date: Jun 13, 2007
  • Previous Sale Contract Date: Jun 11, 2007
  • Previous Sale Amount: $24,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTMENT GROUP
  • First Mortgage Transaction Date: Oct 27, 2017
  • First Mortgage Loan Amount: $117,012
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2047
  • Second Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • Second Mortgage Transaction Date: Oct 27, 2017
  • Second Mortgage Loan Amount: $15,000
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: 2nd Mortgage made to cover Down Payment

    Previous Mortgages

  • Previous Mortgage Lender: COMMERCIAL BANK INC
  • Previous Mortgage Transaction Date: Jun 13, 2007
  • Previous Mortgage Loan Amount: $111,776
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 10, 2008

About Knoxville



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Frequently Asked Questions

What neighborhood is 721 Spring Park Road located in?
The 721 Spring Park Road is a located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 721 Spring Park Road?
The average sales price for units in 721 Spring Park Road is $0 currently.

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