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1507 North 4th Avenue

1507 North 4th Avenue, Knoxville, TN 37917
Sold Feb 07, 2023
$40,000
$148,000 by Renasant Bank
Mortgage Due Mar 15, 2024
Sold Sep 12, 2006
$59,900
$44,900 by Wmc Mortgage Corp
Mortgage Due Sep 01, 2036
1507 North 4th Avenue in Knoxville, TN was first built in 1920 and is 104 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1507 North 4th Avenue has 1,096 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 40 ft and the linear feet between the front and back of the lot is 160. In total, the area measurement of the land is 6,403 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as fair. The exterior walls of the home are made of unknown. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 1507 North 4th Avenue sold most recently in Feb 6, 2023 for a total of $40,000. If you work out the math, that's approximately a cost of $36.50 per sqft. Before that, the property was also sold for $59,900 in Sep 1, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $768 in taxes each year. 1507 North 4th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $20,700. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 2000
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Fair
  • 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
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,403
  • Lot Size Depth Feet: 160
  • Lot Size Frontage Feet: 40
  • Total Building Area: 1,096
  • Gross Building Area: 1,096
  • Building Area: 1,096
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,096
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FAIR & ROBERTS ADD
  • Land Acres: 0.147
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: SUBDIVISIONNAME FAIR & ROBERTS ADD MAPPLATB 5 MAPPLATP 196 DIMENSIONS 40 X 160

Ownership

  • Current Owner : HAPPY HOUSING LLC
  • Previous Owner : JOHNSON KAREN
  • Owner Before Previous Owner: CHAMBERS MARVIN E
  • Owner Before Previous Owner 2: CHAMBERS BETTY J
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 001700

Geography

  • Assessors Map Reference: MAP #82I
  • District: CIT
  • Parcel: 082IA011
  • Lot: 13
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9887
  • Longitude: -83.9167

    Address

  • Full Address: 1507 N 4th Ave
  • Address - House Number: 1507
  • Street Direction: N
  • Address - Street Name: 4th
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C018
  • 4-Digit Zip Code: 6010
  • Zip Code: 37917

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $768

    Appraisal Valuation

  • Standard Deviation: 0.26
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 63
  • Final Value: 151,294
  • High Value: 190,634
  • Low Value: 111,953

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $148,000
  • First Open Lien Mortgage Lender: RENASANT BANK
  • First Open Lien Mortgage Recording Date: Mar 29, 2023
  • First Open Lien Mortgage Loan Amount: $148,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 15, 2024

    Market Valuation

  • Market Total Value: $82,800
  • Market Land Value: $7,400
  • Market Improvement Value: $75,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,700

    Sales

  • Current Sale Contract Date: Feb 06, 2023
  • Current Sale Recording Date: Feb 07, 2023
  • Current Sale Transaction ID: 11901883292
  • Current Sale Price: $40,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 43786
  • Previous Sale Recording Date: Sep 12, 2006
  • Previous Sale Contract Date: Sep 01, 2006
  • Previous Sale Amount: $59,900
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: WMC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Sep 12, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $44,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2036

About Old North Knoxville



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Frequently Asked Questions

What neighborhood is 1507 North 4th Avenue located in?
The 1507 North 4th Avenue is a located in the neighborhood of Old North Knoxville in Old North Knoxville, Knoxville.
What is the average sales price for listings in 1507 North 4th Avenue?
The average sales price for units in 1507 North 4th Avenue is $0 currently.

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