NOT LISTED FOR SALE

1602 Westland Lakes Way Knoxville, TN 37922

Concord Neighborhood

Estimated Value: $1,578,000 - $2,157,000

4 Beds
4.5 Baths
4,765 Sq Ft
$395/Sq Ft Est. Value

Last Sold April 27, 2018

Last sale price $840,000 $176 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $10,817/month

13 Days on Market

Highlights

  • Traditional Architecture
  • 2 Fireplaces
  • 3 Car Attached Garage
  • Northshore Elementary School Rated A-
  • Separate Formal Living Room
  • Cooling Available

About This Home

As of April 2018

Beautifully crafted stone & brick home located in a private gated community by the lake! Lush landscaped yard is made for entertaining! Fully fenced with extensive hardscape front & back, fire pit sitting area, stone water fall & a covered porch with a fireplace! Expansive gourmet kitchen includes custom Mouser Cabinets, pot-filler, warming drawer, granite, Kitchen Aid commercial style appliances & a soaring beamed ceiling. Hardwood flooring & plantation shutters throughout the entire home. Master on the main boast vaulted beamed ceilings, en-suite has large tiled European shower, travertine and granite. Additional three bedrooms each with its own bathroom and walk-in closet. Media Room features a wet bar w/Fisher & Pakel dishwasher and wine fridge. Staircase is breathtaking!!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,203

Year Built

  • Built in 2012

Lot Details

  • 0.28 Acre Lot

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 4,765 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Separate Formal Living Room
  • Tile Flooring
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Home Security System
  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Outdoor Gas Grill

Schools

  • Northshore Elementary School
  • West Valley Middle School
  • Bearden High School

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System

Community Details

  • Association fees include ground maintenance
  • Westland Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 153EM001

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,203

Year Built

Built in 2012

Lot Details

0

HOA Fees

$133 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2012
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Oven, Humidifier
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Wood, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 4765
  • Building Area Units: Square Feet
  • Living Area: 4765
  • Living Area Units: Square Feet
  • Other Equipment: Intercom

Exterior Features

  • Exterior Features: Gas Grill
  • Construction Type: Stone, Other, Brick
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Attached
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Security Gate, Security System, Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee: 400
  • Association Fee Frequency: Quarterly
  • Amenities: Gated
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Quarterly

Lot Info

  • Lot Features: Corner Lot, Other
  • Lot Size Acres: 0.28
  • Lot Size: 90.03 x 138.02 x IRR
  • Lot Size Units: Acres
  • Parcel #: 153EM001
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4203

MLS Schools

  • Elementary School: Northshore Elementary School
  • High School: Bearden High School
  • Middle Or Junior School: West Valley Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2018
Closed on
Jun 1, 2018
Sold by
National Transfer Services Llc
Bought by
Ogle Tyler G and Ogle Jean G
List Price
$875,000
Sold Price
$840,000
Premium/Discount to List
-$35,000
-4%
Current Estimated Value
$1,881,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,041,198
Avg. Annual Appreciation
11.61%
Original Mortgage
$672,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 12, 2018
Closed on
Apr 27, 2018
Sold by
National Transfer Servies Llc
Bought by
Howard Bobby C and Howard Stephanie J
List Price
$875,000
Sold Price
$840,000
Premium/Discount to List
-$35,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 24, 2016
Closed on
Apr 14, 2016
Sold by
Smith William N and Smith Sandra M
Bought by
Walters Mark A and Walters Michelle B
Seller's Agent
Debbie Holloway
Gables & Gates, REALTORS
Buyer's Agent
Angie Lloyd
Realty Executives Associates
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%

Purchase Details

Listed on
Jun 27, 2013
Closed on
Aug 20, 2013
Sold by
Efremenko Natalia
Bought by
Smith William N and Smith Sandra M
Seller's Agent
Natalia Efremenko
Weichert REALTORS Advantage Plus
Buyer's Agent
Debbie Holloway
Gables & Gates, REALTORS
Sold Price
$745,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.72%
Original Mortgage
$417,000
Interest Rate
4.48%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 9, 2011
Sold by
Mumford Mark S
Bought by
Efremenko Natalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,805
Interest Rate
4.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 9, 2010
Sold by
Mason & Mumford Properties Partnership
Bought by
Mumford Mark

Purchase Details

Closed on
Aug 25, 2006
Sold by
Tom Mason Construction Inc
Bought by
Mason & Mumford Properties Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ogle Tyler G $580,000 Stewart Title Company Tennes
Howard Bobby C $840,000 Stewart Title Company
National Transfer Services Llc $840,000 Stewart Title Company
Walters Mark A $800,000 Southeast Title & Escrow Llc
Smith William N $745,000 Title Associates Of Knoxvill
Efremenko Natalia $99,000 None Available
Mumford Mark -- None Available
Mason & Mumford Properties Partnership -- Tennessee Valley Title Insur
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Bobby C $642,342
Closed Howard Bobby C $672,000
Previous Owner Smith William N $417,000
Previous Owner Efremenko Natalia $466,805
Previous Owner Mason & Mumford Properties Partnership $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2018 04/27/18 Sold $840,000 -4.0% $176 / Sq Ft
03/25/2018 03/25/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $875,000 +9.4% $184 / Sq Ft
04/14/2016 04/14/16 Sold $800,000 +7.4% $168 / Sq Ft
08/20/2013 08/20/13 Sold $745,000 -- $152 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,209 $335,225 $0 $0
2023 $5,209 $335,225 $0 $0
2022 $5,209 $335,225 $0 $0
2021 $4,203 $198,275 $0 $0
2020 $4,203 $198,275 $0 $0
2019 $4,203 $198,275 $0 $0
2018 $4,203 $198,275 $0 $0
2017 $4,203 $198,275 $0 $0
2016 $4,782 $0 $0 $0
2015 $4,782 $0 $0 $0
2014 $4,782 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2855413

Realtracs

APN: 153EM-001