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7236 Wellswood Lane Northwest

7236 Wellswood Lane Northwest, Knoxville, TN 37909
Property in Knox
Sold Oct 05, 2022
$225,000
$223,850 by First Community Mortgage, Inc.
Mortgage Due Feb 01, 2054
Sold Nov 04, 2016
$109,000
$87,200 by Fountain City Funding Inc
Mortgage Due Nov 01, 2046
Local assessors in Knoxville, TN have categorized 7236 Wellswood Lane Northwest as a residential type of property. The home was built in 1973 and is 51 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 8,884 square feet. The linear feet between the front and back of the lot was measured at 933 ft and the front of the lot was measured at 1,107 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7236 Wellswood Lane Northwest has a total of 1,444 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 a water 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 patio so you'll have a great option in the back 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 brick 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 heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 3, 2022 for $225,000. That's $155.82 per sqft. Prior to that sales transaction, the property was also sold in Oct 31, 2016 for $109,000. 7236 Wellswood Lane Northwest was last assessed in 2023. The total value of the property was assessed at $34,550. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,282. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1980
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 8,884
  • Lot Size Depth Feet: 933
  • Lot Size Frontage Feet: 1,107
  • Total Building Area: 1,444
  • Gross Building Area: 1,444
  • Building Area: 1,444
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,444
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WELLSWOOD COURT
  • Land Acres: 0.204
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Royalty interest
  • Legal Description 1: SUBDIVISIONNAME WELLSWOOD COURT DIMENSIONS 110.70 X 93. 34 X IRR

Ownership

  • Current Owner : KEENE AMY
  • Current Owner 2: HAMILTON WENDY
  • Previous Owner : KEENE NANCY E KNOWLTON
  • Owner Before Previous Owner: BARRITT PROPERTY INVESTMENTS LLC
  • 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 #106N
  • District: CIT
  • Subdivision Tract Number: 1
  • Parcel: 106NJ01503
  • Lot: 1A
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9389
  • Longitude: -84.0339

    Address

  • Full Address: 7236 Wellswood Ln
  • Address - House Number: 7236
  • Address - Street Name: Wellswood
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C012
  • 4-Digit Zip Code: 2435
  • Zip Code: 37909

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,282

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 68
  • Final Value: 245,310
  • High Value: 300,945
  • Low Value: 189,675

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $223,850
  • First Open Lien Mortgage Lender: FIRST COMMUNITY MORTGAGE, INC.
  • First Open Lien Mortgage Recording Date: Jan 05, 2024
  • First Open Lien Mortgage Loan Amount: $223,850
  • 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: Feb 01, 2054

    Market Valuation

  • Market Total Value: $138,200
  • Market Land Value: $40,000
  • Market Improvement Value: $98,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,550

    Sales

  • Current Sale Contract Date: Oct 03, 2022
  • Current Sale Recording Date: Oct 05, 2022
  • Current Sale Transaction ID: 11896773405
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21584
  • Previous Sale Recording Date: Nov 04, 2016
  • Previous Sale Contract Date: Oct 31, 2016
  • Previous Sale Amount: $109,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FOUNTAIN CITY FUNDING INC
  • First Mortgage Transaction Date: Oct 05, 2022
  • First Mortgage Loan Amount: $135,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FOUNTAIN CITY FUNDING INC
  • Previous Mortgage Transaction Date: Nov 04, 2016
  • Previous Mortgage Loan Amount: $87,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2046

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Frequently Asked Questions

What neighborhood is 7236 Wellswood Lane Northwest located in?
The 7236 Wellswood Lane Northwest is a located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 7236 Wellswood Lane Northwest?
The average sales price for units in 7236 Wellswood Lane Northwest is $0 currently.

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