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905 Phillips Avenue Southeast

905 Phillips Avenue Southeast, Knoxville, TN 37920
House in Old Sevier
Sold May 14, 2021
$530,000
$428,000 by Independence Bank Of Kentucky
Mortgage Due May 12, 2028
Sold Apr 12, 2019
$136,000
905 Phillips Avenue Southeast 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 1925 and is 99 years old. However, we must point out that the home was most recently renovated and altered in 2015. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 905 Phillips Avenue Southeast has 1,978 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 982 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 145 ft and across the front of the lot is 50 ft. The area measurement of the land has been determined as 7,231 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional 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 open porch. 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 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 905 Phillips Avenue Southeast sold most recently in May 12, 2021 for a total of $530,000. If you work out the math, that's approximately a cost of $267.95 per sqft. Before that, the property was also sold for $136,000 in Apr 11, 2019. 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 $4,872 in taxes each year. The initial year of tax delinquency occurred in 2021. 905 Phillips Avenue Southeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $131,350. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Exterior

Brick Exterior
Masonry Exterior
Block Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 2015
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Building Quality: B+
  • Construction Type: Frame
  • Building Style: Traditional
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 982
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,231
  • Lot Size Depth Feet: 145
  • Lot Size Frontage Feet: 50
  • Total Building Area: 1,978
  • Gross Building Area: 2,455
  • Building Area: 1,978
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,978
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: S WATER FRONT FRANK J JONES
  • Land Acres: 0.166
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: SUBDIVISIONNAME S WATER FRONT FRANK J JONES MAPPLATB MB 37 MAPPLATP 572 DIMENSIONS 50 X 145

Ownership

  • Current Owner : EFR PROPERTIES LLC
  • Previous Owner : JONES KEITH V
  • Previous Owner 2: JONES SANDY K
  • Owner Before Previous Owner: GREGG MATTHEW D
  • Owner Before Previous Owner 2: GREGG THERESA O
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 000800

Geography

  • Assessors Map Reference: MAP #95O
  • District: CIT
  • Parcel: 095OA006
  • Lot: 33
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9604
  • Longitude: -83.9049

    Address

  • Full Address: 905 Phillips Ave
  • Address - House Number: 905
  • Address - Street Name: Phillips
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C092
  • 4-Digit Zip Code: 1852
  • Zip Code: 37920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,872
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.0871
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 92
  • Final Value: 714,488
  • High Value: 776,764
  • Low Value: 652,211

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $428,000
  • First Open Lien Mortgage Lender: INDEPENDENCE BANK OF KENTUCKY
  • First Open Lien Mortgage Recording Date: May 14, 2021
  • First Open Lien Mortgage Loan Amount: $428,000
  • First Open Lien Mortgage Term: 83
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: May 12, 2028

    Market Valuation

  • Market Total Value: $525,400
  • Market Land Value: $10,400
  • Market Improvement Value: $515,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $131,350

    Sales

  • Current Sale Contract Date: May 12, 2021
  • Current Sale Recording Date: May 14, 2021
  • Current Sale Transaction ID: 11838039577
  • Current Sale Price: $530,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202105140093841
  • Previous Sale Recording Date: Apr 12, 2019
  • Previous Sale Contract Date: Apr 11, 2019
  • Previous Sale Amount: $136,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INDEPENDENCE BANK OF KENTUCKY
  • First Mortgage Transaction Date: May 14, 2021
  • First Mortgage Loan Amount: $428,000
  • First Mortgage Terms: 83
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: May 12, 2028

About Old Sevier



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Nearby Rentals

Unit for rent at

$1,700 /mo

  • 1 Bed
  • 1 Bath
  • 590 ft²
Listing by Manager
Unit for rent at

$1,600 /mo

  • 1 Bed
  • 1 Bath
  • 639 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 905 Phillips Avenue Southeast located in?
The 905 Phillips Avenue Southeast is a house located in the neighborhood of Old Sevier in Old Sevier, Knoxville.
What is the average sales price for listings in 905 Phillips Avenue Southeast?
The average sales price for units in 905 Phillips Avenue Southeast is $536,000 , or $271/sqft. currently.

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