$42,000
SOLD MAR 20, 2018

1020 E Main St Morristown, TN 37814

-- Bed
-- Bath
1,268 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$33 Per Sq Ft

30% Below List Price

283 Days on Market

Highlights

  • Window Unit Cooling System
  • Wood Siding
  • Heating System Uses Natural Gas

About This Home

As of November 2022

Right side rented $350 a month - Left side vacant. Separate gas and electric meters, master water meter.

Last Agent to Sell the Property

BJ Kramps

RE/MAX Real Estate Ten Midtown License #303428 Listed on: 05/30/2017

RE/MAX Real Estate Ten Midtown

Last Buyer's Agent

Andy Hall

Fox Trail Realty License #287885

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $451

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Duplex
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • Metal Fireplace
  • Basement
  • Crawl Space
  • Electric Range

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 011.00

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Water Meter
  • Insurance Expense $711

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$451

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 Acres: 0.2
  • Lot Size: 60/155/60/155
  • Subdivision Name: None
  • Directions: East Morris Blvd, left on Liberty Hill, left on E. Main Street, Duplex on left.
  • Location Tax and Legal:Tax Annual Amount: 451.26
  • Location Tax and Legal:Parcel Number2: 011.00
  • General Property Information:Lot Size Acres: 0.2
  • General Property Information:Lot Size Dimensions: 60/155/60/155
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Appliances Refrigerators: Yes
  • General Property Information:Basement YN: Yes
  • Gross Scheduled Income: 8100.0
  • Income And Expenses New Taxes Expense: 307.68
  • Cooling:Window Unit(s): Yes
  • General Property Information:Number Of Units Total2: 2.0
  • Meter Information:Number Of Separate Water Meters: 1
  • Roof:Metal: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Basement: Crawl Space
  • Private Spa: No
  • Basement YN: Yes
  • Fireplace Features: Metal
  • Fireplace: No
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Home Warranty: No
  • Construction Type: Vinyl Siding, Wood Siding
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Parking Features: Gravel
  • General Property Information:Carport YN: No
  • Parking Features:Gravel: Yes
  • 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: Natural Gas
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 011.00
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • New Taxes Expense: 307.68
  • Tax Annual Amount: 451.26
  • 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%
Current Estimated Value
$162,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,819
Avg. Annual Appreciation
9.98%
Original Mortgage
$94,950
Outstanding Balance
$92,535
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$71,458

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: 573473

Lakeway Area Association of REALTORS®

APN: 034J-A-011.00