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751 Walnut Knoll Lane

751 Walnut Knoll Lane, Cordova, TN 38018
Commercial in Walnut Creek
751 Walnut Knoll Lane has been categorized by the local assessors in Cordova, TN as a office type of property. The building on the property was first built in 1990 and is 34 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 751 Walnut Knoll Lane has 2,748 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,600 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 16,000 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". Residents will have the luxury of enjoying a unknown. 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 wood 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 exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system and 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, 751 Walnut Knoll Lane sold most recently in Dec 5, 2016 for a total of $290,000. If you work out the math, that's approximately a cost of $105.53 per sqft. Before that, the property was also sold for $320,000 in Mar 12, 2009. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $8,165 in taxes each year. The initial year of tax delinquency occurred in 2022. 751 Walnut Knoll Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $134,040. If we break it down further, the land itself was valued at $25,600. Improvements to the property, however, were assessed at a total of $108,440. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Business/Commerical Units Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,000
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,748
  • Gross Building Area: 2,748
  • Building Area: 2,748
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,748
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Office
  • Subdivision: WALNUT RUN OFFICE CENTER FINAL PLAN PH 2
  • Land Acres: 0.367
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: SS WALNUT KNOLL LANE PD

Ownership

  • Current Owner : BIENIEK PROPETIES LLC
  • Previous Owner : JACEL REAL ESTATE LLC
  • Owner Before Previous Owner: FLETCHER TONY W
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021143

Zoning

  • Zoning: RU-3

Geography

  • Assessors Map Reference: MB 100-11
  • District: O
  • Parcel: 09-1034-0-0015
  • Lot: 8
  • Municipality: MEMPHIS
  • Latitude: 35.1455
  • Longitude: -89.7929

    Address

  • Full Address: 751 Walnut Knoll Ln
  • Address - House Number: 751
  • Address - Street Name: Walnut Knoll
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Cordova
  • Carrier Code: R037
  • 4-Digit Zip Code: 6370
  • Zip Code: 38018

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,165
  • Intital Tax Deliquent Year: 2022

    Market Valuation

  • Market Total Value: $335,100
  • Market Land Value: $64,000
  • Market Improvement Value: $271,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $134,040
  • Assessed Land Value: $25,600
  • Assessed Improvements Value: $108,440

    Sales

  • Current Sale Contract Date: Dec 05, 2016
  • Current Sale Recording Date: Dec 08, 2016
  • Current Sale Transaction ID: 1877352160
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16125262
  • Previous Sale Recording Date: Mar 20, 2009
  • Previous Sale Contract Date: Mar 12, 2009
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CITIZENS NATIONAL BANK
  • First Mortgage Transaction Date: Dec 08, 2016
  • First Mortgage Loan Amount: $246,500
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Dec 19, 2036

    Previous Mortgages

  • Previous Mortgage Lender: INSBANK
  • Previous Mortgage Transaction Date: Mar 20, 2009
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $220,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Walnut Creek



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Frequently Asked Questions

What neighborhood is 751 Walnut Knoll Lane located in?
The 751 Walnut Knoll Lane is a commercial located in the neighborhood of Walnut Creek in Walnut Creek, Cordova.
What is the average sales price for listings in 751 Walnut Knoll Lane?
The average sales price for units in 751 Walnut Knoll Lane is $0 currently.

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