NOT LISTED FOR SALE

1078 Valley Home Rd Morristown, TN 37813

Estimated Value: $156,000 - $241,000

3 Beds
2 Baths
934 Sq Ft
$219/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $179,900 $193 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,144/month

46 Days on Market

Highlights

  • Deck
  • No HOA
  • Bungalow
  • Engineered Wood Flooring
  • Laundry Room
  • 1-Story Property

About This Home

As of March 2024

Move-in ready, remodeled 3 bedroom 2 bath home with partial basement. The home has a lot of new upgrades including paint, flooring, kitchen, concrete driveway and bathrooms.

Last Agent to Sell the Property

Andy Hall

Fox Trail Realty License #287885 Listed on: 12/29/2023

Last Buyer's Agent

Non Member

Non Member - Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $368

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Sloped Down
  • Cleared Lot

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Brick Foundation
  • Aluminum Roof
  • Aluminum Siding

Interior Spaces

  • 934 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Range Hood

Flooring

  • Engineered Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Unfinished Basement

  • Walk-Out Basement
  • Block Basement Construction

Outdoor Features

  • Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 036.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$368

Year Built

Built in 1940 | Remodeled

Lot Details

0

Listing Details

  • Year Built: 1940
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 56/116/60/117
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Directions: Morris Blvd, to right on Martin Luther King, right on to Valley Home Road, home is on the right.
  • Above Grade Finished Sq Ft: 934.0
  • Architectural Style: Bungalow
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: House
  • Location Tax and Legal:Tax Annual Amount: 368.14
  • Location Tax and Legal:Tax Year2: 2022
  • Location Tax and Legal:Parcel Number2: 036.00
  • General Property Information:Lot Size Acres: 0.16
  • General Property Information:Lot Size Dimensions: 56/116/60/117
  • General Property Information:Waterfront YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information:Living Area2: 934.0
  • General Property Information:Above Grade Finished Area: 934.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: No
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Levels:One: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Sewer Connected: Yes
  • Cooling:Central Air: Yes
  • Cooling:Electric: Yes
  • Laundry Features:Laundry Room: Yes
  • Laundry Features:Main Level: Yes
  • Architectural Style:Bungalow: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Water Connected: Yes
  • Electric:Circuit Breakers: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Flooring:Simulated Wood: Yes
  • Laundry Features:Inside: Yes
  • Foundation Details:BrickMortar: Yes
  • Roof:Aluminum: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Flooring: Simulated Wood, Vinyl
  • Appliances: Electric Oven, Range Hood
  • Basement: Block, Unfinished, Walk-Out Access
  • Levels: One
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 934.0
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Window Features: Insulated Windows
  • Appliances:Electric Oven: Yes
  • Basement:Block: Yes
  • Appliances:Range Hood: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Aluminum
  • Exterior Features: Lighting, Rain Gutters
  • Lot Features: Cleared, Sloped Down
  • Waterfront: No
  • Construction Type: Aluminum Siding, Brick
  • Foundation Details: Brick/Mortar
  • Other Structures: None
  • Patio And Porch Features: Deck
  • Property Condition: Updated/Remodeled
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Sloped Down: Yes
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Cleared: Yes
  • Exterior Features:Lighting: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Garage Yn: No
  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Main Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating:Central: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 036.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 368.14
  • Tax Map Number: 041
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2023
Closed on
Mar 15, 2024
Sold by
Hoyle Aysha Jessie
Bought by
Hoyle Aysha Jessie
Seller's Agent
Andy Hall
Fox Trail Realty
Buyer's Agent
Non Member
Non Member - Sales
List Price
$189,900
Sold Price
$179,900
Premium/Discount to List
-$10,000
-5.27%
Views
399
Current Estimated Value
$204,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,728
Avg. Annual Appreciation
10.48%
Original Mortgage
$176,641
Outstanding Balance
$174,549
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$33,117

Purchase Details

Closed on
Nov 10, 2021
Sold by
Parker Bill and Parker Anna Beth
Bought by
Vazquez Richardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2021
Sold by
Williams Calvin
Bought by
Parker Bill and Parker Anna Beth

Purchase Details

Closed on
Aug 23, 2021
Sold by
Cook Kimberly J and Bunch Arnold W
Bought by
Williams Calvin

Purchase Details

Closed on
Feb 14, 2008
Sold by
Bunch Arnold
Bought by
Bunch Arnold

Purchase Details

Closed on
Jul 8, 1958
Bought by
Coffey Wiley and Coffey Martha
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
Hoyle Aysha Jessie $179,900 Meadow Creek Title
Vazquez Richardo $40,000 Lakeway Title Services
Parker Bill $21,800 None Available
Williams Calvin $21,000 Accommodation
Bunch Arnold -- --
Coffey Wiley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoyle Aysha Jessie $176,641
Previous Owner Vazquez Richardo $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $179,900 +2.9% $193 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
02/08/2024 02/08/24 Price Changed $174,900 -2.8% $187 / Sq Ft
02/05/2024 02/05/24 Price Changed $179,900 -2.7% $193 / Sq Ft
01/21/2024 01/21/24 Price Changed $184,900 -2.6% $198 / Sq Ft
12/29/2023 12/29/23 For Sale $189,900 -- $203 / 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 $344 $19,525 $1,775 $17,750
2023 $171 $12,225 $0 $0
2022 $368 $11,650 $1,775 $9,875
2021 $368 $11,650 $1,775 $9,875
2020 $368 $11,650 $1,775 $9,875
2019 $308 $9,075 $1,775 $7,300
2018 $285 $9,075 $1,775 $7,300
2017 $281 $9,075 $1,775 $7,300
2016 $269 $9,075 $1,775 $7,300
2015 $250 $9,075 $1,775 $7,300
2014 -- $9,075 $1,775 $7,300
2013 -- $10,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 702236

Lakeway Area Association of REALTORS®

APN: 041-036.00