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7724 Nicholas Drive

7724 Nicholas Drive, Corryton, TN 37721
Property in Knox
Sold May 26, 2017
$158,510
$157,575 by Mortgage Investors Group Inc
Mortgage Due Jun 01, 2047
Sold Jun 01, 2015
$141,500
$138,936 by Guaranty Trust Co
Mortgage Due Jun 01, 2045
Local assessors in Corryton, TN have categorized 7724 Nicholas Drive as a residential type of property. The home was built in 1975 and is 49 years old. It was most recently renovated and altered in 2001. The property's lot size has been calculated to be 16,001 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 1,067 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 3 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 7724 Nicholas Drive has a total of 2,000 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,200 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 none 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. In addition, there is a above ground pool on the property. Perfect for those who want to host pool parties over the summer. 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 forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 7724 Nicholas Drive sold most recently in May 11, 2017 for a total of $158,510. If you work out the math, that's approximately a cost of $79.26 per sqft. Before that, the property was also sold for $141,500 in May 28, 2015. 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 $693 in taxes each year. 7724 Nicholas Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $44,575. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1975
  • Effective Year Built: 2001
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,200
  • Parking Space Count: 0
  • Porch Type: Open porch
  • Pool Type: Above ground pool

    Dimensions

  • Lot Size Square Feet: 16,001
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,067
  • Total Building Area: 2,000
  • Gross Building Area: 2,400
  • Building Area: 2,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,000
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: GIBBS ESTATES UNIT 2
  • Land Acres: 0.367
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Surface rights (grazing, timber, coal)
  • Legal Description 1: SUBDIVISIONNAME GIBBS ESTATES UNIT 2 MAPPLATB 60S MAPPL ATP 45 DIMENSIONS 106.67 X 150

Ownership

  • Current Owner : PRICE MICHAEL THOMAS
  • Current Owner 2: PRICE TIFFANY LYNN
  • Previous Owner : KING DARRELL L
  • Previous Owner 2: BEELER KING KATLYNE A
  • Owner Before Previous Owner: RHODES TODD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 006402

Geography

  • Assessors Map Reference: MAP #21B
  • District: COU
  • Parcel: 021BC004
  • Lot: 47
  • Municipality: COUNTY OF KNOX
  • Latitude: 36.1269
  • Longitude: -83.8428

    Address

  • Full Address: 7724 Nicholas Dr
  • Legal Unit: 2
  • Address - House Number: 7724
  • Address - Street Name: Nicholas
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Corryton
  • Carrier Code: R006
  • 4-Digit Zip Code: 3335
  • Zip Code: 37721

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $693

    Appraisal Valuation

  • Standard Deviation: 0.2236
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 69
  • Final Value: 305,230
  • High Value: 373,489
  • Low Value: 236,970

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $157,575
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: May 26, 2017
  • First Open Lien Mortgage Loan Amount: $157,575
  • 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: Jun 01, 2047

    Market Valuation

  • Market Total Value: $178,300
  • Market Land Value: $20,000
  • Market Improvement Value: $158,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,575

    Sales

  • Current Sale Contract Date: May 11, 2017
  • Current Sale Recording Date: May 26, 2017
  • Current Sale Transaction ID: 1590441625
  • Current Sale Price: $158,510
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201705260072210
  • Previous Sale Recording Date: Jun 01, 2015
  • Previous Sale Contract Date: May 28, 2015
  • Previous Sale Amount: $141,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: May 26, 2017
  • First Mortgage Loan Amount: $157,575
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTY TRUST CO
  • Previous Mortgage Transaction Date: Jun 01, 2015
  • Previous Mortgage Loan Amount: $138,936
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2045

About Knox



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Frequently Asked Questions

What neighborhood is 7724 Nicholas Drive located in?
The 7724 Nicholas Drive is a located in the neighborhood of Knox in Knox, Corryton.
What is the average sales price for listings in 7724 Nicholas Drive?
The average sales price for units in 7724 Nicholas Drive is $0 currently.

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