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7412 Furness Way

7412 Furness Way, Knoxville, TN 37920
House in Knox
Sold Oct 01, 2019
$152,000
$149,246 by Us Bank Na
Mortgage Due Oct 01, 2049
Sold Apr 12, 2006
$113,502
$112,612 by Wells Fargo Bank Na
Mortgage Due May 01, 2036
Local assessors in Knoxville, TN have categorized 7412 Furness Way as a residential type of property. The home was built in 1996 and is 28 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 4,436 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 437 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 8 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 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 7412 Furness Way has a total of 1,068 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 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 good. 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, 7412 Furness Way sold most recently in Sep 27, 2019 for a total of $152,000. If you work out the math, that's approximately a cost of $142.32 per sqft. Before that, the property was also sold for $113,502 in Apr 7, 2006. 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 $754 in taxes each year. 7412 Furness Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $48,550. 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: 1996
  • Effective Year Built: 2005
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Good
  • 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: 4,436
  • Lot Size Depth Feet: 933
  • Lot Size Frontage Feet: 437
  • Total Building Area: 1,068
  • Gross Building Area: 1,068
  • Building Area: 1,068
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,068
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SOUTHRIDGE S/D UNIT 2
  • Land Acres: 0.102
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Surface rights (grazing, timber, coal)
  • Legal Description 1: SUBDIVISIONNAME SOUTHRIDGE S/D UNIT 2 MAPPLATB N-247 MA PPLATP A DIMENSIONS 43.74 X 93.34 X IRR

Ownership

  • Current Owner : COLLINS JANAH DENISE
  • Current Owner 2: COLLINS KENNETH
  • Previous Owner : LAWSON GRANT R
  • Previous Owner 2: LAWSON CRYSTAL
  • Owner Before Previous Owner: PRICE BEVERLY P
  • Owner Before Previous Owner 2: PRICE DAVID L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 005603

Geography

  • Assessors Map Reference: MAP #137H
  • District: COU
  • Parcel: 137HL035
  • Lot: 64
  • Municipality: COUNTY OF KNOX
  • Latitude: 35.9012
  • Longitude: -83.8695

    Address

  • Full Address: 7412 Furness Way
  • Legal Unit: 2
  • Address - House Number: 7412
  • Address - Street Name: Furness
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Knoxville
  • Carrier Code: R138
  • 4-Digit Zip Code: 7623
  • Zip Code: 37920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $754

    Appraisal Valuation

  • Standard Deviation: 0.2386
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 66
  • Final Value: 291,777
  • High Value: 361,412
  • Low Value: 222,142

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $207,240
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Oct 01, 2019
  • First Open Lien Mortgage Loan Amount: $149,246
  • 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: Oct 01, 2049
  • Second Open Lien Mortgage Lender: FIGURE LENDING LLC
  • Second Open Lien Mortgage Recording Date: Sep 12, 2022
  • Second Open Lien Mortgage Loan Amount: $57,994
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 30, 2052

    Market Valuation

  • Market Total Value: $194,200
  • Market Land Value: $15,000
  • Market Improvement Value: $179,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,550

    Sales

  • Current Sale Contract Date: Sep 27, 2019
  • Current Sale Recording Date: Oct 01, 2019
  • Current Sale Transaction ID: 11707632212
  • Current Sale Price: $152,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201910010022883
  • Previous Sale Recording Date: Apr 12, 2006
  • Previous Sale Contract Date: Apr 07, 2006
  • Previous Sale Amount: $113,502
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Oct 01, 2019
  • First Mortgage Loan Amount: $149,246
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Apr 12, 2006
  • Previous Mortgage Loan Amount: $112,612
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2036

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7412 Furness Way located in?
The 7412 Furness Way is a house located in the neighborhood of Knox in Knox, Knoxville.
What is the average sales price for listings in 7412 Furness Way?
The average sales price for units in 7412 Furness Way is $139,900 , or $96/sqft. currently.

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