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947 Micro Way

947 Micro Way, Knoxville, TN 37912
Condo in Knox
1 Units For Sale
Unit for sale at 947 Micro Way, Knoxville, TN 37912

$200,000

  • 2 Beds
  • 1.5 Baths
  • 1,160 ft²
947 Micro Way #20, Knoxville, TN 37912 Listing by Brandy Lydon

947 Micro Way is a condo located in Knox, Knoxville. The building was first built in 2005 and is 19 years old. In total, 947 Micro Way has a total floor area of 1,202 square feet. 947 Micro Way has a total of 1 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. On weekends, residents can enjoy the building's patio. There are 1 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 244 days and tend to sell below the original asking price of $109,000 by 13.30%. Meaning, listings tend to sell at a median of $94 price per square foot. The transaction that took the longest to complete was listed on Jul 31, 2017 for $109,000. This particular unit ultimately sold 244 days later for $94,500. The most recent transaction which was first advertised on Jul 31, 2017, sold for $94,500 on Apr 02, 2018. Fun fact, the oldest transaction we have on record took place on Apr 02, 2018. See the full transaction history for 947 Micro Way below.

Knox, where 947 Micro Way is located, has a median asking price of $289,900 for condo buildings. Meanwhile, the building itself has a median asking price of $109,000. For interested buyers, that means the building's median asking price is around 0.62% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $200,000. It is a 1,160 sqft 2-bedroom and 1.5-bathroom unit.
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20170731
07/31/2017
2 Bed
1.5 Bath
1160 ft²
$109,000
bedrooms
2 Bed
bathrooms
1.5 Bath
square feet
1160 ft²
$94,500 -13.30%
04/02/2018
Eric McPeake

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Contemporary
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 230
  • Total Building Area: 1,160
  • Gross Building Area: 1,202
  • Building Area: 1,160
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,160
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: INSKIP TERRACE CONDOS UNIT 20
  • Land Acres: 0.005
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Royalty interest
  • Legal Description 1: SUBDIVISIONNAME INSKIP TERRACE CONDOS UNIT 20 MAPPLATB 20040727 MAPPLATP 0007888 DIMENSIONS 1214 SQ FT

Ownership

  • Current Owner : CRABDREE TAMARA D
  • Previous Owner : SCULLY CLARE M
  • Owner Before Previous Owner: JB HOMES INC
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 004000

Geography

  • Assessors Map Reference: MAP #69H
  • District: CIT
  • Parcel: 069HD01800R
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 36.0159
  • Longitude: -83.9543

    Address

  • Full Address: 947 Micro Way
  • Legal Unit: 20
  • Address - House Number: 947
  • Address - Street Name: Micro
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C098
  • 4-Digit Zip Code: 3769
  • Zip Code: 37912

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $995

    Appraisal Valuation

  • Standard Deviation: 0.2505
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 64
  • Final Value: 207,228
  • High Value: 259,159
  • Low Value: 155,298

    Market Valuation

  • Market Total Value: $107,300
  • Market Land Value: $12,000
  • Market Improvement Value: $95,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,825

    Sales

  • Current Sale Contract Date: Mar 28, 2018
  • Current Sale Recording Date: Apr 02, 2018
  • Current Sale Transaction ID: 11463366831
  • Current Sale Price: $94,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201804020057952
  • Previous Sale Recording Date: Oct 04, 2005
  • Previous Sale Contract Date: Sep 30, 2005
  • Previous Sale Amount: $83,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Apr 02, 2018
  • First Mortgage Loan Amount: $85,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Oct 04, 2005
  • Previous Mortgage Loan Amount: $64,720
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Oct 01, 2035

About Knoxville



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Frequently Asked Questions

What neighborhood is 947 Micro Way located in?
The 947 Micro Way is a condo located in the neighborhood of Knox in Knoxville, Knoxville.
How many listings are currently for sale in 947 Micro Way?
There is a listing currently on the market for sale.
What is the average sales price for listings in 947 Micro Way?
The average sales price for units in 947 Micro Way is $109,000 , or $94/sqft. currently.

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