7840 Chapman Highway

7840 Chapman Highway has been categorized by the local assessors in Knoxville, TN as a commercial type of property. The building on the property was first built in 1977 and is 47 years old. However, we must point out that the home was most recently renovated and altered in 2010. This is a single story building so stairs are not necessary to access other parts of the home. The linear feet between the front and back of the lot is 61 ft and across the front of the lot is 81 ft. The area measurement of the land has been determined as 4,941 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 open 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 C by the local assessor. The exterior walls of the building are made of unknown. In terms of heating, it is utilizing a steam heating system 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, 7840 Chapman Highway sold most recently in Feb 5, 2021 for a total of $139,000. If you work out the math, that's approximately a cost of $66.83 per sqft. Before that, the property was also sold for $68,000 in Mar 9, 2005. 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 $883 in taxes each year. 7840 Chapman Highway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $56,845. 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.