NOT LISTED FOR SALE

1205 Lakeway Rd Morristown, TN 37814

Estimated Value: $71,000 - $224,000

2 Beds
1 Bath
768 Sq Ft
$194/Sq Ft Est. Value

Last Sold March 27, 2018

Last sale price $40,000 $52 Per Sq Ft

Est. 273% increase in value since last sale

Current estimated payment $813/month

4 Days on Market

Highlights

  • Lake View
  • Wood Flooring
  • Den
  • Traditional Architecture
  • No HOA
  • Porch

About This Home

As of March 2018

This property is in need of a new Owner. New well put in just 4 years ago/New Electrical box. Hardwood floors are still in Great shape.

Last Agent to Sell the Property

Kim Roberts

Elite Realty Group License #328446 Listed on: 02/21/2018

Last Buyer's Agent

Kim Roberts

Elite Realty Group License #328446 Listed on: 02/21/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $313

Year Built

  • Built in 1965

Lot Details

  • 3 Acre Lot
  • Steep Slope

Property Views

  • Lake
  • Mountain

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Metal Fireplace
  • Den
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Block Basement Construction
  • Laundry in Basement

Outdoor Features

  • Porch

Schools

  • West Elementary School
  • Lincoln Middle School
  • West High School

Utilities

  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 031.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$313

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 1965
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.0
  • Lot Size: 0/0/0/0
  • Subdivision Name: None
  • Directions: West AJ Hwy turn onto Kidwells Ridge Road, right onto Inman Bend, right onto Lakeway Drive. Home will be on right. Just before Evergreen Cove Boat Ramp.
  • Above Grade Finished Sq Ft: 768.0
  • Architectural Style: Traditional
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 312.93
  • Location Tax and Legal:Tax Year2: 2016
  • Location Tax and Legal:Parcel Number2: 031.00
  • General Property Information:Lot Size Acres: 3.0
  • General Property Information:Lot Size Dimensions: 0/0/0/0
  • General Property Information:Waterfront YN: No
  • Location Tax and Legal:Elementary School: West Elementary
  • Location Tax and Legal:Middle Or Junior School2: Lincoln
  • Location Tax and Legal:High School: West
  • General Property Information:Living Area2: 768.0
  • General Property Information:Above Grade Finished Area: 768.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Additional Dwelling:Additional Dwelling YN: No
  • Foundation Details:Block3: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Levels:One: Yes
  • Room Types:Basement3: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • View:Mountain(s): Yes
  • Utilities:Unknown Internet: Yes
  • View:Lake3: Yes
  • Water Source:Private5: Yes
  • Water Source:Well: Yes
  • Room Types:Den2: Yes
  • Laundry Features:In Basement: Yes
  • Architectural Style:Traditional: Yes
  • Roof:Metal: Yes
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Vinyl
  • Appliances: Electric Water Heater
  • Basement: Block, Partial, Unfinished
  • Levels: One
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Metal
  • Fireplace: No
  • Living Area: 768.0
  • Window Features: Metal Frames
  • Basement:Block: Yes
  • Appliances:Electric Water Heater: Yes
  • Basement:Partial: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Lot Features: Steep Slope
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Block
  • Patio And Porch Features: Porch
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Porch: Yes
  • Window Features:Metal Frames: Yes
  • Lot Features:Steep Slope: Yes

Garage/Parking

  • Garage Yn: No
  • Attached Garage: No
  • Parking Features: Gravel
  • General Property Information:Garage YN: No
  • General Property Information:Carport YN: No
  • Parking Features:Gravel: Yes

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, In Basement, Washer Hookup
  • Utilities: Unknown Internet
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Elementary School: West Elementary
  • High School: West
  • Middle Or Junior School: Lincoln

Lot Info

  • Lot Size Sq Ft: 130680.0
  • Parcel #: 031.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 312.93
  • Tax Map Number: 023
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2018
Closed on
Mar 27, 2018
Sold by
Hill Margaret
Bought by
Austin George E
Seller's Agent
Kim Roberts
Elite Realty Group
Buyer's Agent
Kim Roberts
Elite Realty Group
List Price
$40,000
Sold Price
$40,000
Current Estimated Value
$149,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,090
Avg. Annual Appreciation
18.74%

Purchase Details

Closed on
Mar 6, 1964
Bought by
Hill Ray and Hill Imogene
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Austin George E $40,000 None Available
Hill Ray -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2018 03/27/18 Sold $40,000 0.0% $52 / Sq Ft
02/25/2018 02/25/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $40,000 -- $52 / 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 $320 $16,250 $7,825 $8,425
2023 $320 $16,250 $0 $0
2022 $320 $16,250 $7,825 $8,425
2021 $320 $16,250 $7,825 $8,425
2020 $320 $16,250 $7,825 $8,425
2019 $335 $15,725 $7,825 $7,900
2018 $335 $15,725 $7,825 $7,900
2017 $335 $15,725 $7,825 $7,900
2016 $313 $15,725 $7,825 $7,900
2015 $291 $15,725 $7,825 $7,900
2014 -- $15,725 $7,825 $7,900
2013 -- $18,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 577012

Lakeway Area Association of REALTORS®

APN: 023-031.00