$50,000
SOLD MAR 31, 2020

1020 E Main St Morristown, TN 37814

-- Bed
-- Bath
1,268 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$39 Per Sq Ft

17% Below List Price

57 Days on Market

Highlights

  • Covered patio or porch
  • Ceiling Fan
  • Floor Furnace
  • Window Unit Cooling System

About This Home

As of November 2022

Both sides vacant. Separate gas and electric meters, master water meter. Priced for a quick sale. Duplex needs a little work but is a good investment.

Last Agent to Sell the Property

Andy Hall

Fox Trail Realty License #287885 Listed on: 12/12/2019

Last Buyer's Agent

Lauren Castle

CASTLE & ASSOCIATES REAL ESTATE License #268079

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $331

Year Built

  • Built in 1900

Home Design

  • Duplex
  • Block Foundation
  • Shingle Siding

Interior Spaces

  • Ceiling Fan
  • Metal Fireplace
  • Block Basement Construction
  • Electric Range

Outdoor Features

  • Covered patio or porch

Schools

  • Hillcrest Elementary School
  • Meadowview Middle School
  • East High School

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 011.00

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Building Details

  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$331

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 1900
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 60/128/60/128
  • Subdivision Name: None
  • Directions: East main Street, left on Liberty Hill, left on East Main, Duplex on left
  • Location Tax and Legal:Parcel Number2: 011.00
  • General Property Information:Spa YN: No
  • Foundation Details:Block3: Yes
  • Gross Scheduled Income: 10800.0
  • Cooling:Window Unit(s): Yes
  • Meter Information:Number Of Separate Water Meters: 1
  • Roof:Metal: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range
  • Basement: Block
  • Interior Amenities: Ceiling Fan(s)
  • Private Spa: No
  • Fireplace Features: Metal
  • Fireplace: No
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Basement:Block: Yes
  • Interior Features:Ceiling Fan(s)2: Yes

Exterior Features

  • Home Warranty: No
  • Construction Type: Shingle Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Porch
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Construction Materials:Shingle Siding: Yes

Garage/Parking

  • Unit 1:Garage YN3: No
  • Unit 2:Garage YN4: No
  • Unit 3:Garage YN5: No
  • Unit 4:Garage YN6: No

Utilities

  • Cooling: Window Unit(s)
  • Heating: Floor Furnace
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Floor Furnace: Yes

Condo/Co-op/Association

  • Amenities: Cable TV
  • Association: Yes

Association/Amenities

  • Association Amenities:Cable TV: Yes

Schools

  • Elementary School: Hillcrest
  • High School: East
  • Middle Or Junior School: Meadowview

Lot Info

  • Parcel #: 011.00

Multi Family

  • Number Of Units Total: 2
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Map Number: 034J

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2022
Closed on
Nov 14, 2022
Sold by
Hodges William Thomas and Hodges Amy M
Bought by
Sparks Sandra
Seller's Agent
Lauren Castle
CASTLE & ASSOCIATES REAL ESTATE
Buyer's Agent
IAN CULLEN
Tennessee Valley Appraisal Services
List Price
$129,900
Sold Price
$126,601
Premium/Discount to List
-$3,299
-2.54%
Total Days on Market
57
Current Estimated Value
$154,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,250
Avg. Annual Appreciation
8.40%
Original Mortgage
$94,950
Outstanding Balance
$92,535
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$62,845

Purchase Details

Listed on
Dec 12, 2019
Closed on
Mar 25, 2020
Sold by
Duecki Ronald Paul
Bought by
Hodges William Thomas and Hodges Amy M
Seller's Agent
Andy Hall
Fox Trail Realty
Buyer's Agent
Lauren Castle
CASTLE & ASSOCIATES REAL ESTATE
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.56%

Purchase Details

Listed on
May 30, 2017
Closed on
Mar 20, 2018
Sold by
Nelson Mike and Nelson Kevin
Bought by
Dueck Ronald P and Dueck Family Trust
Seller's Agent
BJ Kramps
RE/MAX Real Estate Ten Midtown
Buyer's Agent
Andy Hall
Fox Trail Realty
List Price
$59,900
Sold Price
$42,000
Premium/Discount to List
-$17,900
-29.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%

Purchase Details

Closed on
Sep 21, 2012
Sold by
Nelson Ogle Thompson
Bought by
Nelson Mike and Nelson Kevin

Purchase Details

Closed on
Apr 11, 1988
Bought by
Nelson Ogle Thompson

Purchase Details

Closed on
Sep 27, 1962
Bought by
Thompson Earnest S Mrs
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 Type Sale Price Title Company
Warranty Deed $129,900 --
Warranty Deed $50,000 Colonial Title Group Inc
Warranty Deed $42,000 Colonial Title Group
Quit Claim Deed -- --
Warranty Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $94,950 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $126,601 -2.5% $100 / Sq Ft
10/15/2022 10/15/22 Pending -- -- --
10/10/2022 10/10/22 For Sale $129,900 +159.8% $102 / Sq Ft
03/31/2020 03/31/20 Sold $50,000 -16.5% $39 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
12/12/2019 12/12/19 For Sale $59,900 +42.6% $47 / Sq Ft
03/20/2018 03/20/18 Sold $42,000 -29.9% $33 / Sq Ft
03/09/2018 03/09/18 Pending -- -- --
05/30/2017 05/30/17 For Sale $59,900 -- $47 / Sq Ft
Source: Lakeway Area Association of REALTORS®

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 $331 $18,800 $5,720 $13,080
2023 $331 $18,800 $0 $0
2022 $594 $18,800 $5,720 $13,080
2021 $594 $18,800 $5,720 $13,080
2020 $593 $18,800 $5,720 $13,080
2019 $816 $24,000 $11,040 $12,960
2018 $808 $25,640 $11,040 $14,600
2017 $795 $25,640 $11,040 $14,600
2016 $759 $25,640 $11,040 $14,600
2015 $706 $25,640 $11,040 $14,600
2014 -- $25,640 $11,040 $14,600
2013 -- $27,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 586768

Lakeway Area Association of REALTORS®

APN: 034J-A-011.00