10716 Grantham Ln Knoxville, TN 37932

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3 beds · 1 bath · 1,697 sq ft · Lot Size: 4,282 sq ft · Single Family Home
Est. Property Value: $368,586

High Demand Long-Term RentalOwned for 5 - 10 YearsOwner Age Above 75

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10716 Grantham Ln is in the 37932 neighborhood of Knoxville, TN. It is located in Knox County and ZIP code 37932. This Single Family Home was built in 2016 and is approximately 9 years old. The single family home spans 1697 sq ft with 3 bedrooms and 1 bathroom and sits on a 4282 sq ft lot. According to public records, it was last sold in 2016 for $217,861 and has a tax-assessed value of $257,300, which is $217 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 10716 Grantham Ln Knoxville, TN 37932 with Property Intel by Whitepages.

Owners & Occupancy for 10716 Grantham Ln

This property is owned by James R Cummings. Owner contact information includes 11 phone numbers and 1 email address.

Property Owners

Cell Phone(865) ***-****View Cell Phone
Residence*************
Landline(865) 690-5511
Distance from Property**********
Email Address********@comcast.netView Email
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Occupancy

Current Occupancy*****View Occupancy
Resident 1**************** age 81

Property Financials for 10716 Grantham Ln

10716 Grantham Ln, Knoxville, TN has a mortgage from Wells Fargo Bk Na (orig. March 30, 2021). The Knox county assessment for 2024 values it at $257,300, with annual taxes of $1,000.

Mortgage & Equity Information

Loan Amount$******
LenderWells Fargo Bk Na
Origination DateMarch 30, 2021
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateDecember 15, 2016
Property Tax Amount$1,000 in 2024
Purchase Price$217,861
Assessed Value$257,300 on 2024

Investment Potential for 10716 Grantham Ln

The property has a current estimated value of $368,586, which is 8% below the zip median, based on public records. It last sold on December 15, 2016 for $218K. Projected long-term
is $30,600 annually ($2,550 per month) with a 91% occupancy rate.

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Long-Term

Gross Rental
$30,600 per year($2,550 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
91%in 37932 zip code
 
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Property Details for 10716 Grantham Ln

Property Details

Property Sq Ft

Living Area

1,697 sq ft

14% below market

Lot Size

4,282 sq ft

70% below market

Price Per Sq Ft

Living Area

$217 / sq ft

4% above market

Lot Size Area

$86 / sq ft

201% above market

Property condition, age, exterior, etc. for 10716 Gran…
Longitude: -84.148767 Latitude: 35.930002 Parcel Number (APN): 118HF-004…

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Discover more single family homes near 10716 Grantham Ln in Knoxville, Tennessee. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 10716 Grantham Ln in Knox County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$368,586
$285,935
$82,651 (29%)
$******
$348,121
$53,792 (15%)
YoY Price Change
****%
0.67%
-725%
Year Built
2016
1981
35 years
Living Space
1,697 sq ft
1,608 sq ft
89 (6%)
$ Per Living Sq Ft
$217
$167
$50 (30%)
Lot Size
4,282 sq ft
10,890 sq ft
-6608 (-61%)
$ Per Lot Sq Ft
$86
$22
$64 (298%)

Net Operating Income
$*****
$17,519
$5,304 (30%)
Annual Revenue
$30,600
$25,200
$5,400 (21%)
$****
$6,963
$814 (12%)
Net Operating Income
$*****
$17,519
$5,304 (30%)
Cap Rate
****%
6.37%
—
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Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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