$435,000
SOLD OCT 9, 2024

1224 Millrace Rd Morristown, TN 37814

3 Beds
2.5 Baths
2,059 Sq Ft
0.48 Acres

Recently Sold

$211 Per Sq Ft

4% Above List Price

2 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • Living Room
  • Bonus Room
  • Cooling Available
  • Laundry Room

About This Home

As of October 2024

Discover comfortable living in this charming 3-bedroom, 2.5-bathroom home nestled on a delightful half-acre lot. Boasting 2059 square feet of thoughtfully designed space, this property features an open floor plan. Step inside to find a generous living area that flows seamlessly into a well-appointed kitchen with quartz countertops. The master bedroom offers a peaceful retreat, complete with ample privacy and comfort. Additional bedrooms are well-sized, ensuring everyone has a space of their own. Revel in the additional perks of a bonus room—perfect for a home office, bedroom or an entertainment hub. The basement promises infinite possibilities of finished living space. Outside, the Mountain Views will be your daily backdrop, framing morning coffees and evening sunsets. The property is well maintained and move-in ready, making your transition to a new home smooth. Located on the sought-after West End of Morristown, this home keeps you close to all necessary amenities. Just minutes away, indulge in shopping sprees at local stores, enjoy a variety of dining options, or take a quick drive to Interstate 40. For outdoor enthusiasts, Panther Creek State Park is almost in your backyard, offering many activities to keep your weekends full of adventure. This property is not just a house; it's the starting point of your next chapter. Call today to see before this one is gone.

Last Agent to Sell the Property

LORI CAUGHORN

CRYE-LEIKE LAKEWAY REAL ESTATE License #296789 Listed on: 09/14/2024

CRYE-LEIKE LAKEWAY REAL ESTATE

Co-Listed By

Lori Caughorn an Burke

Crye-Leike Lakeway Real Estate License #356909

Last Buyer's Agent

Seth Clark

Crye-Leike Lakeway West License #361017

Crye-Leike Lakeway West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,018

Year Built

  • Built in 2019

Lot Details

  • 0.48 Acre Lot

Parking

  • 2 Car Garage

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Dining Room
  • Bonus Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 040P A 015.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,018

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2019
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • Lot Size: 68/147/195/230
  • Directions: W Andrew Johnson Hwy, to Panther Creek Rd, right on Millrace. House at end in Cul-de-sac. See Sign
  • Above Grade Finished Sq Ft: 1513.0
  • New Construction: No
  • Property Attached Yn: No
  • Location Tax and Legal:Tax Annual Amount: 1017.51
  • Location Tax and Legal:Tax Year2: 2023
  • Location Tax and Legal:Parcel Number2: 040P A 015.00
  • Cooling:Heat Pump: Yes
  • Room Types:Bedroom 2 Level: Main
  • Room Types:Living Room2: Yes
  • Room Types:Bathroom 1 Level: Main
  • Room Types:Bathroom 2 Level: Main
  • Room Types:Bathroom 3 Level: Basement
  • Room Types:Bedroom 3 Level: Main
  • Room Types:Bonus Room: Yes
  • Room Type: Living Room
  • Room Type: Kitchen
  • Room Type: Dining Room
  • Room Type: Bedroom 1
  • Room Type: Bedroom 2
  • Room Type: Bedroom 3
  • Room Type: Bonus Room
  • Room Type: Bathroom 1
  • Room Type: Bathroom 2
  • Room Type: Bathroom 3
  • Room Type: Laundry
  • Room Types:Dining Room2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Room Types:Bedroom 1 Level: Main
  • Room Types:Laundry: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 546.0
  • Fireplace: No
  • Living Area: 2059.0
  • Full Basement: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s), Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Amenities: Laundry
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 20908.8
  • Parcel #: 040P A 015.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1017.51
  • Tax Map Number: 040P
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2024
Closed on
Oct 8, 2024
Sold by
Lynch Benjamin Ryan and Lynch Kendra Fleming
Bought by
Sloan Christian and Sloan Lisa Ann
Seller's Agent
LORI CAUGHORN
CRYE-LEIKE LAKEWAY REAL ESTATE
Buyer's Agent
Seth Clark
Crye-Leike Lakeway West
List Price
$419,000
Sold Price
$435,000
Premium/Discount to List
$16,000
3.82%
Total Days on Market
2
Views
8
Current Estimated Value
$437,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,584
Avg. Annual Appreciation
0.93%
Original Mortgage
$348,000
Outstanding Balance
$346,031
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$91,553

Purchase Details

Closed on
Jul 30, 2019
Sold by
Burke Anthony W
Bought by
Lynch Benjamin Ryan and Lynch Kendra Fleming

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,560
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2016
Sold by
Horner A Cleve
Bought by
Burke Anthony W

Purchase Details

Closed on
Mar 26, 2013
Sold by
Horner Frances
Bought by
Horner Frances Q L and Horner E

Purchase Details

Closed on
Sep 3, 1974
Bought by
Horner Horner E and Horner Frances
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $435,000 Lakeway Title Services
Warranty Deed $228,400 None Available
Warranty Deed $90,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $5,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $348,000 New Conventional
Previous Owner $205,560 New Conventional
Previous Owner $125,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 Sold $435,000 +3.8% $211 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
09/14/2024 09/14/24 For Sale $419,000 -- $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 $1,018 $51,650 $6,750 $44,900
2023 $1,018 $51,650 $0 $0
2022 $1,018 $51,650 $6,750 $44,900
2021 $1,018 $51,650 $6,750 $44,900
2020 $1,018 $51,650 $6,750 $44,900
2019 $94 $4,425 $4,425 $0
2018 $94 $4,425 $4,425 $0
2017 $94 $4,425 $4,425 $0
2016 $88 $4,425 $4,425 $0
2015 $82 $4,425 $4,425 $0
2014 -- $4,425 $4,425 $0
2013 -- $4,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 705136

Lakeway Area Association of REALTORS®

APN: 040P-A-015.00