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7521 Kerri Way

7521 Kerri Way, Knoxville, TN 37909
House in Knox
Sold Aug 12, 2020
$205,800
$252,000 by Loandepotcom Llc
Mortgage Due Nov 01, 2052
Sold Nov 09, 2018
$175,000
$157,500 by Mortgage Investors Group Inc
Mortgage Due Dec 01, 2048
7521 Kerri Way 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 1978 and is 46 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7521 Kerri Way has 1,576 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 full basement that is 912 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 1,042 ft and across the front of the lot is 858 ft. The area measurement of the land has been determined as 8,653 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split foyer 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 a porch. 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 B 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 forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7521 Kerri Way was last sold in Aug 11, 2020 for $205,800. According to our calculations, that's $130.58 per sqft. Prior to that sales transaction, the property was sold for $175,000 in Nov 8, 2018. Current property owners are expected to pay $2,218 in taxes per year. The property on 7521 Kerri Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $59,775. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Block Exterior

Parking

Attached Garage
Open Parking
Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 2000
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Split foyer
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 912
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 8,653
  • Lot Size Depth Feet: 1,042
  • Lot Size Frontage Feet: 858
  • Total Building Area: 1,576
  • Gross Building Area: 1,888
  • Building Area: 1,576
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,576
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FARMINGTON WEST SUB
  • Land Acres: 0.199
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: SUBDIVISIONNAME FARMINGTON WEST SUB MAPPLATB 65S MAPPLA TP 13 DIMENSIONS 85.81 X 104.23 X IRR

Ownership

  • Current Owner : LOVEDAY BARRY
  • Previous Owner : CHANEY PAUL J
  • Owner Before Previous Owner: TAYLOR LANE F
  • Owner Before Previous Owner 2: TAYLOR CHELSEA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 004502

Geography

  • Assessors Map Reference: MAP #106O
  • District: CIT
  • Parcel: 106OB033
  • Lot: 26
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9403
  • Longitude: -84.0435

    Address

  • Full Address: 7521 Kerri Way
  • Address - House Number: 7521
  • Address - Street Name: Kerri
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C038
  • 4-Digit Zip Code: 2330
  • Zip Code: 37909

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,218

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 67
  • Final Value: 363,294
  • High Value: 447,245
  • Low Value: 279,344

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $252,000
  • First Open Lien Mortgage Lender: LOANDEPOTCOM LLC
  • First Open Lien Mortgage Recording Date: Oct 14, 2022
  • First Open Lien Mortgage Loan Amount: $252,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2052

    Market Valuation

  • Market Total Value: $239,100
  • Market Land Value: $30,000
  • Market Improvement Value: $209,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,775

    Sales

  • Current Sale Contract Date: Aug 11, 2020
  • Current Sale Recording Date: Aug 12, 2020
  • Current Sale Transaction ID: 11788321158
  • Current Sale Price: $205,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202008120012243
  • Previous Sale Recording Date: Nov 09, 2018
  • Previous Sale Contract Date: Nov 08, 2018
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Aug 12, 2020
  • First Mortgage Loan Amount: $205,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • Previous Mortgage Transaction Date: Nov 09, 2018
  • Previous Mortgage Loan Amount: $157,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2048

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Frequently Asked Questions

What neighborhood is 7521 Kerri Way located in?
The 7521 Kerri Way is a house located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 7521 Kerri Way?
The average sales price for units in 7521 Kerri Way is $0 currently.

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