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1664 Banyan Way

1664 Banyan Way, Knoxville, TN 37914
Property in Knox
Sold Jul 27, 2022
$299,900
$290,903 by Mortgage Investors Group
Mortgage Due Aug 01, 2052
Sold May 19, 2008
$122,000
$97,600 by Knoxville Teachers Fcu
Mortgage
Local assessors in Knoxville, TN have categorized 1664 Banyan Way as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 10,474 square feet. The linear feet between the front and back of the lot was measured at 1,150 ft and the front of the lot was measured at 874 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler 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, 3 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 1664 Banyan Way has a total of 1,316 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 attached garage for those who need a place to park their vehicle. The garage on the property is 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. 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 forced air unit is the primary heating source and it is being fueled with gas. 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, 1664 Banyan Way was last sold in Jul 8, 2022 for $299,900. According to our calculations, that's $227.89 per sqft. Prior to that sales transaction, the property was sold for $122,000 in May 15, 2008. Current property owners are expected to pay $1,678 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1664 Banyan Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $45,225. 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. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,474
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 874
  • Total Building Area: 1,316
  • Gross Building Area: 1,316
  • Building Area: 1,316
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,316
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MULBERRY SQUARE REV
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Surface rights (grazing, timber, coal)
  • Legal Description 1: SUBDIVISIONNAME MULBERRY SQUARE REV MAPPLATB 19990713 M APPLATP 0003361 DIMENSIONS 87.41 X 115 X IRR

Ownership

  • Current Owner : BRAY DANTERRIUS D
  • Current Owner 2: BRAY JADE M
  • Previous Owner : ROPER DORIS P
  • Owner Before Previous Owner: BALL JAMES T
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 003100

Geography

  • Assessors Map Reference: MAP #70E
  • District: CIT
  • Parcel: 070EJ015
  • Lot: 15
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 36.0129
  • Longitude: -83.8772

    Address

  • Full Address: 1664 Banyan Ln
  • Address - House Number: 1664
  • Address - Street Name: Banyan
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C088
  • 4-Digit Zip Code: 3156
  • Zip Code: 37914

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,678
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2298
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 68
  • Final Value: 290,448
  • High Value: 357,204
  • Low Value: 223,692

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $290,903
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP
  • First Open Lien Mortgage Recording Date: Jul 27, 2022
  • First Open Lien Mortgage Loan Amount: $290,903
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $180,900
  • Market Land Value: $17,500
  • Market Improvement Value: $163,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,225

    Sales

  • Current Sale Contract Date: Jul 08, 2022
  • Current Sale Recording Date: Jul 27, 2022
  • Current Sale Transaction ID: 11893371694
  • Current Sale Price: $299,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6102
  • Previous Sale Recording Date: May 19, 2008
  • Previous Sale Contract Date: May 15, 2008
  • Previous Sale Amount: $122,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP
  • First Mortgage Transaction Date: Jul 27, 2022
  • First Mortgage Loan Amount: $290,903
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: KNOXVILLE TEACHERS FCU
  • Previous Mortgage Transaction Date: May 19, 2008
  • Previous Mortgage Loan Amount: $97,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 1664 Banyan Way located in?
The 1664 Banyan Way is a located in the neighborhood of Knox in Knoxville, Knoxville.
What is the average sales price for listings in 1664 Banyan Way?
The average sales price for units in 1664 Banyan Way is $0 currently.

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