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930 Banks Avenue Northeast

930 Banks Avenue Northeast, Knoxville, TN 37917
House in Oakwood
Sold Jun 06, 2019
$189,900
$170,100 by Mortgage Investors Group Inc
Mortgage Due Jul 01, 2049
Sold Jan 10, 2019
$50,000
Local assessors in Knoxville, TN have categorized 930 Banks Avenue Northeast as a residential type of property. The home was built in 1940 and is 84 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 7,492 square feet. The linear feet between the front and back of the lot was measured at 150 ft and the front of the lot was measured at 50 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 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 is one full bathroom. 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 930 Banks Avenue Northeast has a total of 1,140 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 water 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 336 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 good. 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 unknown 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 heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 930 Banks Avenue Northeast was last sold in Jun 3, 2019 for $189,900. According to our calculations, that's $166.58 per sqft. Prior to that sales transaction, the property was sold for $50,000 in Jan 9, 2018. Current property owners are expected to pay $1,511 in taxes per year. The property on 930 Banks Avenue Northeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $40,750. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 2005
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Traditional
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,492
  • Lot Size Depth Feet: 150
  • Lot Size Frontage Feet: 50
  • Total Building Area: 1,140
  • Gross Building Area: 1,140
  • Building Area: 1,140
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,140
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SCOTTS PARK ADD
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: SUBDIVISIONNAME SCOTTS PARK ADD MAPPLATB 3 MAPPLATP 1 D IMENSIONS 50 X 150

Ownership

  • Current Owner : LOVEDAY NICHOLAS F
  • Current Owner 2: LOVEDAY KATHERINE E
  • Previous Owner : HOLDAWAY DONNA W
  • Owner Before Previous Owner: ADAMS ELMER L
  • Owner Before Previous Owner 2: FRANKLIN AMERICAN MORTGAGE CO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 001500

Geography

  • Assessors Map Reference: MAP #81C
  • District: CIT
  • Parcel: 081CH041
  • Lot: 166
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9967
  • Longitude: -83.9299

    Address

  • Full Address: 930 Banks Ave
  • Address - House Number: 930
  • Address - Street Name: Banks
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C033
  • 4-Digit Zip Code: 4332
  • Zip Code: 37917

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,511

    Appraisal Valuation

  • Standard Deviation: 0.231
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 67
  • Final Value: 260,003
  • High Value: 320,084
  • Low Value: 199,921

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,100
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Jun 06, 2019
  • First Open Lien Mortgage Loan Amount: $170,100
  • 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, 2049

    Market Valuation

  • Market Total Value: $163,000
  • Market Land Value: $9,500
  • Market Improvement Value: $153,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,750

    Sales

  • Current Sale Contract Date: Jun 03, 2019
  • Current Sale Recording Date: Jun 06, 2019
  • Current Sale Transaction ID: 11635245143
  • Current Sale Price: $189,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201906060072221
  • Previous Sale Recording Date: Jan 10, 2019
  • Previous Sale Contract Date: Jan 09, 2018
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Jun 06, 2019
  • First Mortgage Loan Amount: $170,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

About Oakwood



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Frequently Asked Questions

What neighborhood is 930 Banks Avenue Northeast located in?
The 930 Banks Avenue Northeast is a house located in the neighborhood of Oakwood in Oakwood, Knoxville.
What is the average sales price for listings in 930 Banks Avenue Northeast?
The average sales price for units in 930 Banks Avenue Northeast is $0 currently.

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