Check Availability

7929 East Lamar Alex Parkway

7929 East Lamar Alex Parkway, Townsend, TN 37882
Commercial in Blount
Sold Jun 14, 2021
$550,000
$265,000 by First Century Bank
Mortgage Due Jan 01, 2041
Sold Apr 27, 2021
$5,525
Local assessors in Townsend, TN have categorized 7929 East Lamar Alex Parkway as a residential type of property. The home was built in 1945 and is 79 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 16,117 square feet. There is also a partial bathroom. 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 7929 East Lamar Alex Parkway has a total of 2,598 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 a municipal 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 gable or hip style roof that was made of metal. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of paneling. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in May 28, 2021 for $550,000. That's $211.70 per sqft. Prior to that sales transaction, the property was also sold in Oct 27, 2017 for $5,525. 7929 East Lamar Alex Parkway was last assessed in 2022. The total value of the property was assessed at $101,320. Specifically, the land the property is located on was valued at $41,280. While improvements on the property were assessed at a total of $60,040. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,503. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Wood Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1995
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 2,598
  • Building Area: 2,598
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,598
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TIM BYRD PROPERTY
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: TIM BYRD PROPERTY 1

Ownership

  • Current Owner : COCHRAN ROBERT M
  • Previous Owner : BILLS LIQUOR STORES INC
  • Owner Before Previous Owner: STATE OF TENNESSEE
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Blount County School District
  • Census Tract: 011401

Zoning

  • Zoning: B1

Geography

  • Assessors Map Reference: 096
  • District: 15
  • Parcel: 005096 06701
  • Lot: 1
  • Latitude: 35.6791
  • Longitude: -83.743

    Address

  • Full Address: 7929 E Lamar Alexander Pkwy
  • Address - House Number: 7929
  • Street Direction: E
  • Address - Street Name: Lamar Alexander
  • Address - Suffix Type: Pkwy
  • State: TN
  • City Name: Townsend
  • Carrier Code: R002
  • 4-Digit Zip Code: 4033
  • Zip Code: 37882

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,503
  • Tax Rate Code Area: 05A00

    Appraisal Valuation

  • Standard Deviation: 0.1878
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 75
  • Final Value: 595,935
  • High Value: 707,871
  • Low Value: 483,999

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $265,000
  • First Open Lien Mortgage Lender: FIRST CENTURY BANK
  • First Open Lien Mortgage Recording Date: Jun 14, 2021
  • First Open Lien Mortgage Loan Amount: $265,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2041

    Market Valuation

  • Market Total Value: $253,300
  • Market Land Value: $103,200
  • Market Improvement Value: $150,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $101,320
  • Assessed Land Value: $41,280
  • Assessed Improvements Value: $60,040

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: Jun 14, 2021
  • Current Sale Transaction ID: 11840842155
  • Current Sale Price: $550,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 909848
  • Previous Sale Recording Date: Apr 27, 2021
  • Previous Sale Contract Date: Oct 27, 2017
  • Previous Sale Amount: $5,525
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CENTURY BANK
  • First Mortgage Transaction Date: Jun 14, 2021
  • First Mortgage Loan Amount: $265,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2041

About Townsend



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 7256 Old Tuckaleechee Pike, Townsend, TN, 37882

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
7256 Old Tuckaleechee Pike #7256 Old Tuckaleechee Rd, Townsend, TN, 37882 Listing by Manager

Frequently Asked Questions

What neighborhood is 7929 East Lamar Alex Parkway located in?
The 7929 East Lamar Alex Parkway is a commercial located in the neighborhood of Blount in Townsend, Townsend.
What is the average sales price for listings in 7929 East Lamar Alex Parkway?
The average sales price for units in 7929 East Lamar Alex Parkway is $0 currently.

Quantcast