Check Availability

7747 Verona Lane

7747 Verona Lane, Powell, TN 37849
House in Knox
Sold Jun 16, 2020
$186,200
$188,080 by Union Home Mortgage Corp
Mortgage Due Jul 01, 2050
Sold May 31, 2017
$164,900
$166,565 by Us Mortgage Corp
Mortgage Due Jun 01, 2047
7747 Verona Lane has been categorized by the local assessors in Powell, TN as a residential type of property. The building on the property was first built in 2001 and is 23 years old. The home has a total of 5 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, 7747 Verona Lane has 1,340 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 1,100 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 8,820 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as good. 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 C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of brick. 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. 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, 7747 Verona Lane sold most recently in Jun 12, 2020 for a total of $186,200. If you work out the math, that's approximately a cost of $138.96 per sqft. Before that, the property was also sold for $164,900 in May 26, 2017. 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 $723 in taxes each year. 7747 Verona Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $46,525. 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 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.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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,820
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,340
  • Gross Building Area: 1,340
  • Building Area: 1,340
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,340
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TUSCANY GARDENS UNIT 2
  • Land Acres: 0.202
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Surface rights (grazing, timber, coal)
  • Legal Description 1: SUBDIVISIONNAME TUSCANY GARDENS UNIT 2 MAPPLATB O-322 M APPLATP D DIMENSIONS 80 X 109.96 X IRR

Ownership

  • Current Owner : FARMER DAVID G
  • Current Owner 2: FARMER ALEXANDRIA H
  • Previous Owner : MORALES RAFAEL
  • Previous Owner 2: MORALES GISELA
  • Owner Before Previous Owner: MORGAN LUKE ALLEN
  • Owner Before Previous Owner 2: MORGAN LAURA DENISE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 006103

Geography

  • Assessors Map Reference: MAP #56G
  • District: COU
  • Parcel: 056GC010
  • Lot: 10
  • Municipality: COUNTY OF KNOX
  • Latitude: 36.0366
  • Longitude: -84.0405

    Address

  • Full Address: 7747 Verona Ln
  • Legal Unit: 2
  • Address - House Number: 7747
  • Address - Street Name: Verona
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Powell
  • Carrier Code: R010
  • 4-Digit Zip Code: 5384
  • Zip Code: 37849

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $723

    Appraisal Valuation

  • Standard Deviation: 0.2395
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 66
  • Final Value: 308,152
  • High Value: 381,967
  • Low Value: 234,337

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $188,080
  • First Open Lien Mortgage Lender: UNION HOME MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 16, 2020
  • First Open Lien Mortgage Loan Amount: $188,080
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $186,100
  • Market Land Value: $25,000
  • Market Improvement Value: $161,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,525

    Sales

  • Current Sale Contract Date: Jun 12, 2020
  • Current Sale Recording Date: Jun 16, 2020
  • Current Sale Transaction ID: 11770841231
  • Current Sale Price: $186,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202006160084047
  • Previous Sale Recording Date: May 31, 2017
  • Previous Sale Contract Date: May 26, 2017
  • Previous Sale Amount: $164,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 16, 2020
  • First Mortgage Loan Amount: $188,080
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: US MORTGAGE CORP
  • Previous Mortgage Transaction Date: May 31, 2017
  • Previous Mortgage Loan Amount: $166,565
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2047

About Knox



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7747 Verona Lane located in?
The 7747 Verona Lane is a house located in the neighborhood of Knox in Knox, Powell.
What is the average sales price for listings in 7747 Verona Lane?
The average sales price for units in 7747 Verona Lane is $0 currently.

Quantcast