NOT LISTED FOR SALE

1053 Spout Springs Rd Morristown, TN 37814

Estimated Value: $180,000 - $283,713

3 Beds
2 Baths
1,782 Sq Ft
$137/Sq Ft Est. Value

Last Sold April 16, 2024

Last sale price $225,000 $126 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,375/month

237 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • No HOA
  • Traditional Architecture
  • Bonus Room
  • Covered Patio or Porch

About This Home

As of April 2024

Welcome to your dream home at 1053 Spout Springs Road, Morristown, TN 37814! Nestled in a picturesque country setting, this beautiful 3-bedroom, 2-bathroom ranch-style house offers the perfect blend of rural charm and modern convenience for families looking to plant their roots.

Situated on a generous 1.01-acre lot, this charming property boasts a spacious finished basement that can easily be transformed into additional living quarters or a cozy retreat for visiting guests. The fenced backyard provides plenty of room for outdoor fun and activities, while the breathtaking views off the deck are sure to be a hit during family gatherings and backyard barbecues.

Inside, the generously sized master suite offers a private bathroom and ample closet space, ensuring that you'll have a comfortable and luxurious retreat to call your own. The additional bedrooms and shared bathroom provide plenty of room for your growing family, and the open-concept living and dining areas make entertaining a breeze.

This lovely home is conveniently located near Cherokee Lake, Lakeway Regional Hospital, and Carson Newman University, making it an ideal choice for families who value both outdoor recreation and quality education. With just a little bit of renovation, you can transform this charming house into the home of your dreams.

Don't miss your chance to own a piece of Morristown's idyllic countryside at 1053 Spout Springs Road! With its unbeatable location, spacious layout, and potential for customization, this property is the perfect canvas for creating a home that is uniquely your own. Schedule a showing today and start envisioning your family's future in this stunning country oasis.

Last Agent to Sell the Property

Missy Sanders

Stephenson Realty & Auction License #332615 Listed on: 07/28/2023

Co-Listed By

Blythe Sanders

Stephenson Realty & Auction License #308776

Last Buyer's Agent

George Francisco

Century 21 Legacy License #353367

Century 21 Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $555

Year Built

  • Built in 1996

Lot Details

  • 1.01 Acre Lot
  • Irregular Lot

Parking

  • 2 Car Garage
  • Basement Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,782 Sq Ft Home
  • Open Floorplan
  • Bonus Room
  • Storage
  • Washer and Dryer Hookup
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • No Cooling
  • No Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • Ryder Lands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 024 108.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$555

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Directions: I-75S toward Knoxville. Continue on I-275S toward Knoxville/640E/Asheville. Take exit 3 toward Asheville. Take the left exit toward Asheville/US 25 W onto I-40 E. Take left exit 421 toward Bristol onto I-81N. Take exit 4 toward White Pine Rd. Turn left onto Roy Messer Hwy. Continue on Valley Home Rd. Continue on Merchants Greene Blvd. Turn right onto W. Andrew Johnson Hwy. Turn left onto Cherokee Dr. Turn right onto Noes Chapel Rd. Continue on Boatman's Mountain Rd. Turn slightly right onto Spout Springs Rd.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1996
  • Lot Size Acres: 1.01
  • Co List Office Mls Id: 618
  • Co List Office Phone: 865-457-2327
  • Subdivision Name: Ryder Lands
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Lot Description:Irregular Lot: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1188.0
  • General Property Description:SqFt - Down Lvl: 594.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Fuel:Electric: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Cooling:None12: Yes
  • Heat:None13: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: None
  • Has Basement: Partially Finished
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Other, None
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Fireplace:None15: Yes
  • Basement:Partially Finished: Yes
  • Appliances:None17: Yes

Exterior Features

  • Exterior Features: Porch - Covered, Deck
  • Lot Features: Irregular Lot
  • Construction Type: Vinyl Siding, Other, Frame
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Basement
  • GarageParking:Basement4: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None, Electric
  • Heating Yn: No
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Sq Ft: 43995.6
  • Parcel #: 024 108.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Apr 16, 2024
Sold by
Ward J Calvin
Bought by
Ward Jeff F and Ward Tracy A
Seller's Agent
Missy Sanders
Stephenson Realty & Auction
Buyer's Agent
George Francisco
Century 21 Legacy
List Price
$239,900
Sold Price
$225,000
Premium/Discount to List
-$14,900
-6.21%
Views
1754
Current Estimated Value
$243,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,928
Avg. Annual Appreciation
10.61%
Original Mortgage
$135,000
Outstanding Balance
$133,911
Interest Rate
7.22%
Mortgage Type
Credit Line Revolving
Estimated Equity
$123,899

Purchase Details

Closed on
Jul 7, 2023
Sold by
Young Roger D and Arms Juanita S
Bought by
Ward J Calvin

Purchase Details

Closed on
Mar 19, 2007
Sold by
Rymer Tommy
Bought by
Young Roger D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.27%

Purchase Details

Closed on
Apr 11, 2001
Sold by
Rymer Paul
Bought by
Rymer Tommy

Purchase Details

Closed on
Feb 21, 1983
Bought by
Rymer Paul and Rymer Roslyn
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
Ward Jeff F $225,000 None Listed On Document
Ward J Calvin $170,100 None Listed On Document
Young Roger D $128,000 --
Rymer Tommy $8,000 --
Rymer Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Jeff F $135,000
Previous Owner Rymer Paul $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 Sold $225,000 -3.8% $126 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
02/22/2024 02/22/24 Price Changed $233,900 -0.8% $131 / Sq Ft
12/01/2023 12/01/23 Price Changed $235,900 -0.8% $132 / Sq Ft
10/23/2023 10/23/23 Price Changed $237,900 -0.8% $134 / Sq Ft
07/28/2023 07/28/23 For Sale $239,900 -- $135 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $555 $28,175 $3,375 $24,800
2023 $555 $28,175 $0 $0
2022 $555 $28,175 $3,375 $24,800
2021 $555 $28,175 $3,375 $24,800
2020 $555 $28,175 $3,375 $24,800
2019 $610 $28,650 $3,375 $25,275
2018 $610 $28,650 $3,375 $25,275
2017 $610 $28,650 $3,375 $25,275
2016 $570 $28,650 $3,375 $25,275
2015 $530 $28,650 $3,375 $25,275
2014 -- $28,650 $3,375 $25,275
2013 -- $30,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1234781

East Tennessee REALTORS® MLS

APN: 024-108.00