NOT LISTED FOR SALE

1114 Shannons Little Mtn Rd Morristown, TN 37814

Estimated Value: $263,742 - $482,000

-- Bed
4 Baths
2,080 Sq Ft
$166/Sq Ft Est. Value

Last Sold February 01, 2023

Last sale price $239 $0 Per Sq Ft

Est. 144,495% increase in value since last sale

Current estimated payment $1,932/month

32 Days on Market

About This Home

As of February 2023

GERAT Investment property or live in one side and rent the other side to help with the payments New Roof 2020, New Appliance's, Septic redone and pumped 2019, New flooring 2022, This Duplex has been well taken care of. Each unit has it's own garage.

Last Agent to Sell the Property

Debbie Robbins

WEICHERT, REALTORS - TIGER REAL ESTATE License #312070 Listed on: 11/15/2022

WEICHERT, REALTORS - TIGER REAL ESTATE

Last Buyer's Agent

RONALD BLEDSOE

Re/Max Real Estate Ten Midtown License #344382

Re/Max Real Estate Ten Midtown

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1997

Lot Details

  • 1,873 Sq Ft Lot
  • Lot Dimensions are 112x177x100x180

Home Design

  • Duplex
  • Concrete Foundation
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • Metal Fireplace
  • Fire and Smoke Detector

Kitchen

  • Range Hood
  • Dishwasher

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Unfinished Basement

  • Block Basement Construction
  • Natural lighting in basement

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 009.00

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Bell Aire Est Subdivision

Building Details

  • Net Operating Income $1,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 1997
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.04
  • Lot Size: 112X177X100X180
  • Subdivision Name: Bell Aire Est
  • Directions: AJ Hwy to JayBird Rd to Shannon's Little Mtn Rd on the right home will be on the right
  • Location Tax and Legal:Tax Annual Amount: 1118.96
  • Location Tax and Legal:Parcel Number2: 009.00
  • General Property Information:Lot Size Acres: 0.043
  • General Property Information:Lot Size Dimensions: 112X177X100X180
  • 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
  • Cooling:Heat Pump: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • General Property Information:Basement YN: Yes
  • Security Features:Smoke Detector(s): Yes
  • Gross Scheduled Income: 18000.0
  • Manager Expense: 1000.0
  • Income And Expenses New Taxes Expense: 1118.96
  • Cooling:Central Air: Yes
  • Laundry Features:Main Level: Yes
  • General Property Information:Number Of Units Total2: 2.0
  • Roof:Metal: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator
  • Basement: Block, Concrete, Daylight, Unfinished
  • Private Spa: No
  • Basement YN: Yes
  • Fireplace Features: Metal
  • Fireplace: No
  • Community Features:None4: Yes
  • Appliances Dishwasher: Yes
  • Basement:Block: Yes
  • Appliances Range: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Electric Water Heater: Yes
  • Basement:Concrete: Yes
  • Basement:Unfinished: Yes
  • Basement:Daylight: Yes

Exterior Features

  • Exterior Features: Other
  • Lot Features: Other
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Other21: Yes
  • Exterior Features:Other12: Yes

Garage/Parking

  • Parking Features: Concrete
  • Parking Features:Concrete4: Yes
  • General Property Information:Carport YN: No
  • Unit 1:Garage YN3: Yes
  • Unit 2:Garage YN4: Yes
  • Unit 3:Garage YN5: No
  • Unit 4:Garage YN6: No

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Sewer Septic Tank: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Community Features: None
  • Amenities: Cable TV
  • Association: Yes

Association/Amenities

  • Association Amenities:Cable TV: Yes

Lot Info

  • Lot Size Sq Ft: 1873.08
  • Parcel #: 009.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Resident Manager Expense: 1000.0
  • Income And Expenses Net Operating Income: 1500.0

Tax Info

  • New Taxes Expense: 1118.96
  • Tax Annual Amount: 1118.96
  • Tax Map Number: 026H

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Dec 28, 2022
Sold by
Murray Lewis H and Murray Margaret J
Bought by
Farrow Earl F and Farrow-Onkst Berna
Seller's Agent
Debbie Robbins
WEICHERT, REALTORS - TIGER REAL ESTATE
Buyer's Agent
RONALD BLEDSOE
Re/Max Real Estate Ten Midtown
List Price
$249,900
Sold Price
$239
Premium/Discount to List
-$249,661
-99.9%
Current Estimated Value
$345,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,342
Avg. Annual Appreciation
1395.47%

Purchase Details

Closed on
Nov 18, 2019
Sold by
Jemequities Inc
Bought by
Murray Lewis E and Murray Margaret J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,488
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2008
Sold by
Thiele Patricia H
Bought by
Deutsche Bank National Trust N

Purchase Details

Closed on
Jan 15, 2002
Bought by
Home Federal Bank Federal Savings Bank

Purchase Details

Closed on
Feb 14, 1997
Bought by
Drinnon James and Drinnon Deborah

Purchase Details

Closed on
Apr 14, 1986
Bought by
Hall Darrell and Hall Jeanette
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Farrow Earl F $230,000 Lakeway Title Services
Murray Lewis E $136,000 Lakeway Title Services
Deutsche Bank National Trust N $111,350 --
Home Federal Bank Federal Savings Bank $91,500 --
Drinnon James $8,000 --
Hall Darrell $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murray Lewis E $140,488
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2023 02/01/23 Sold $239 -99.9% $0 / Sq Ft
12/17/2022 12/17/22 Pending -- -- --
11/15/2022 11/15/22 For Sale $249,900 -- $120 / 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 $1,119 $56,800 $7,520 $49,280
2023 $1,119 $56,800 $0 $0
2022 $1,119 $56,800 $7,520 $49,280
2021 $1,119 $56,800 $7,520 $49,280
2020 $1,119 $56,800 $7,520 $49,280
2019 $1,001 $47,000 $7,200 $39,800
2018 $1,001 $47,000 $7,200 $39,800
2017 $1,001 $47,000 $7,200 $39,800
2016 $935 $47,000 $7,200 $39,800
2015 $870 $47,000 $7,200 $39,800
2014 -- $47,000 $7,200 $39,800
2013 -- $55,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 610609

Lakeway Area Association of REALTORS®

APN: 026H-A-009.00