NOT LISTED FOR SALE

1125 Monroe St Sweetwater, TN 37874

Estimated Value: $163,000 - $355,363

2 Beds
1 Bath
800 Sq Ft
$298/Sq Ft Est. Value

Last Sold February 07, 2023

Last sale price $150,000 $188 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,332/month

2 Days on Market

Highlights

  • Guest House
  • Contemporary Architecture
  • Porch
  • City View
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of February 2023

Calling Investors! Your chance to own two income-producing rentals in historic Sweetwater! 1125 Monroe St is a 3 Bedroom, 1 bath home with 1152 Sqft of living space and 1125A Monroe St is a 2 bedroom, 1 bath home with 800 Sqft of living space. The long-term tenants are on a month-to-month basis and would like to stay. Pre-listing home inspections are available, buy both together to get a better deal. Must have a pre-approval letter from a lender or proof of funds for showings.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $281

Year Built

  • Built in 1940

Lot Details

  • 0.35 Acre Lot
  • Level Lot

Home Design

  • Contemporary Architecture

Interior Spaces

  • 800 Sq Ft Home
  • Property has 3 Levels
  • City Views
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Sweetwater Elementary School
  • Sweetwater Jr High Middle School
  • Sweetwater High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Baseboard Heating

Additional Features

  • Porch
  • Guest House

Community Details

  • No Home Owners Association
  • Cannon Hgts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 023J C 01400 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$281

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1940
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: EXIST
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor
  • Appliances: None
  • Fireplace: No
  • Flooring: Carpet, Wood, Vinyl
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 800
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Carriage/Guest House
  • Construction Type: Other
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Other
  • View: City
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.35
  • Lot Size: 90X100 IRR
  • Lot Size Units: Acres
  • Parcel #: 023J C 01400 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 281

MLS Schools

  • Elementary School: Sweetwater Elementary
  • High School: Sweetwater High School
  • Middle Or Junior School: Sweetwater Jr High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2025
Sold by
Williams West Property 2 Llc
Bought by
Hedden Sandra Joan
Current Estimated Value
$238,591

Purchase Details

Listed on
Jan 22, 2023
Closed on
Feb 6, 2023
Sold by
Mcdaniel Audrey E
Bought by
Williams West Property 2 Llc
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.96%

Purchase Details

Listed on
May 31, 2011
Closed on
Apr 1, 2013
Sold by
Teague Barbara A
Bought by
Mcdaniel Thomas Jeffrey and Mcdaniel Audrey E
Seller's Agent
Connie Redmond
Darrell Murray Auction And Rea
Buyer's Agent
Linda Baker
Era Central Real Estate
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
Original Mortgage
$48,000
Interest Rate
3.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 2009
Sold by
Alexander Pearl Bryant Est
Bought by
Teague Barbara A

Purchase Details

Closed on
Jun 4, 1962
Bought by
Alexander Edgar Lee and Alexander Pearl B
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hedden Sandra Joan $389,400 Foothills Title
Hedden Sandra Joan $389,400 Foothills Title
Williams West Property 2 Llc $150,000 Admiral Title
Mcdaniel Thomas Jeffrey $60,000 --
Teague Barbara A $51,200 --
Alexander Edgar Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdaniel Thomas Jeffrey $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2023 02/07/23 Sold $150,000 -6.3% $188 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/22/2023 01/22/23 For Sale $160,000 +166.7% $200 / Sq Ft
04/01/2013 04/01/13 Sold $60,000 -- $50 / Sq Ft
Source: Realtracs

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 -- $40,775 $5,150 $35,625
2023 $403 $16,400 $5,150 $11,250
2022 $281 $7,750 $2,750 $5,000
2021 $281 $7,750 $2,750 $5,000
2020 $281 $7,750 $2,750 $5,000
2019 $260 $7,750 $2,750 $5,000
2018 $260 $7,750 $2,750 $5,000
2017 $266 $8,050 $3,550 $4,500
2016 $266 $8,050 $3,550 $4,500
2015 $265 $8,050 $3,550 $4,500
2014 $265 $8,036 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2909335

Realtracs

APN: 023J-C-014.00