NOT LISTED FOR SALE

132 Morgan Ln Fall Branch, TN 37656

Estimated Value: $470,000 - $663,409

3 Beds
3.5 Baths
3,044 Sq Ft
$185/Sq Ft Est. Value

Last Sold April 27, 2020

Last sale price $349,000 $115 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,250/month

21 Days on Market

Highlights

  • Barn
  • Cape Cod Architecture
  • Wood Flooring
  • 5.17 Acre Lot
  • Partially Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of April 2020

Wonderful Custom Built home on over 5 acres in Fall Branch. This charming Cape Cod home has main level master suite with remodeled bath, open floor plan, beautiful hardwood floors, new kitchen with huge island, granite, and stainless steel appliances, full unfinished basement ready for expansion plus a workshop area and garage door. There are 3 nice-sized bedrooms, 3 1/2 baths, great room with stone fireplace, formal dining room, 2-story foyer, an office, loft and a separate bonus room. Covered front porch, relaxing screened porch and huge covered back deck perfect to enjoy the private setting and great views. There's an attached 2-car garage, storage shed and the 2 story barn has 2 stalls, tack area and overhead hay storage area. Great location.

Commission not paid on seller concessions.

Last Agent to Sell the Property

Colette George

Blue Ridge Properties License #250659 Listed on: 03/26/2020

Last Buyer's Agent

Michael Walker

Michael Walker Realty & Auction License #318352

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,285

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 5.17 Acre Lot
  • Landscaped
  • Level Lot
  • Partially Wooded Lot
  • Property is in good condition
  • Property is zoned RS

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,044 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Home Office
  • Loft
  • Bonus Room
  • Screened Porch
  • Storage In Attic
  • Washer and Electric Dryer Hookup

Kitchen

  • Double Oven
  • Electric Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Soaking Tub

Unfinished Basement

  • Garage Access
  • Workshop

Outdoor Features

  • Balcony
  • Shed

Schools

  • Fall Branch Elementary And Middle School
  • Daniel Boone High School

Farming

  • Barn

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 008d A 034.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,285

Year Built

Built in 2006 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Directions: From Kingsport, Hwy 93 to Fall Branch, turn left on Morgan Lane. Driveway on left. Sign at driveway.
  • Prop. Type: Residential
  • Year Built: 2006
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Landscaping
  • Architectural Style: Cape Cod
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 5.17
  • General Property Description Zoning2: RS
  • General Property Description Elementary School3: Fall Branch
  • General Property Description Middle School2: Fall Branch
  • General Property Description High School3: Daniel Boone
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 5.17 acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 3044.0
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 008d A 034.00
  • General Property Description # Fireplaces: 1
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 2
  • Other Structures Shed(s): Yes
  • TopographyLot Description Rolling Slope: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Utilities Cable Available: Yes
  • Foundation Block6: Yes
  • Fireplace Great Room: Yes
  • Other Rooms Bonus Room3: Yes
  • Other Structures Barn(s): Yes
  • Basement Garage Door: Yes
  • Flooring Ceramic Tile: Yes
  • TopographyLot Description Part Wooded: Yes
  • Basement Workshop2: Yes
  • Levels:Two: Yes
  • Rooms:Office2: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Electric Range, Refrigerator
  • Has Basement: Garage Door, Unfinished, Workshop
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Primary Downstairs, Balcony, Entrance Foyer, Granite Counters, Kitchen Island, Remodeled, Soaking Tub, Walk-In Closet(s)
  • Window Features: Insulated Windows
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Total Bedrooms: 3
  • General Property Description Baths - Full: 3
  • Appliances Dishwasher: Yes
  • General Property Description Baths - 12: 1
  • InteriorFeatures:Remodeled: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Kitchen Island: Yes
  • Appliances:Electric Range: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Loft: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features Balcony2: Yes
  • Interior Features:Attic Storage: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • Other Structures: Barn(s), Shed(s)
  • Acres: 5.17
  • Topography: Level, Part Wooded, Rolling Slope
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Front Porch, Rear Porch, Screened
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Rear Porch: Yes
  • PorchPatioDeck Screened: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached, Garage Door Opener, Parking Spaces
  • Sq Ft DetailsGarageAttachedSq Ft: 676
  • Sq Ft DetailsGarageTotalSq Ft: 676
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Parking Spaces: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: Fall Branch
  • High School: Daniel Boone
  • Middle Or Junior School: Fall Branch

Lot Info

  • Zoning: RS
  • Lot Dimensions: 5.17 acres
  • Lot Size Sq Ft: 225205.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 008d A 034.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: R930

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2020
Closed on
Apr 24, 2020
Sold by
Austin Sean and Austin Margaret
Bought by
Benton Ashley E and Benton Eric
Seller's Agent
Colette George
Blue Ridge Properties
Buyer's Agent
Michael Walker
Michael Walker Realty & Auction
List Price
$349,900
Sold Price
$349,000
Premium/Discount to List
-$900
-0.26%
Current Estimated Value
$562,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,602
Avg. Annual Appreciation
9.59%
Original Mortgage
$317,649
Outstanding Balance
$283,322
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$286,447

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jun 9, 2017
Sold by
Stanley Matthew P
Bought by
Austion Sean and Austion Margaret
Seller's Agent
George Coates
Arbella Properties JC
Buyer's Agent
Reed Thomas
Prestige Homes of the Tri Cities, Inc.
List Price
$319,000
Sold Price
$301,000
Premium/Discount to List
-$18,000
-5.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%
Original Mortgage
$240,800
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 1997
Bought by
Stanley Matthew P and Stanley Wendy L
Source: Public Records

Range of Values:

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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
Benton Ashley E $349,000 None Available
Austion Sean $301,000 --
Austin Sean $301,000 None Available
Stanley Matthew P $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benton Eric James $70,000
Open Benton Ashley E $317,649
Previous Owner Austin Sean $240,800
Previous Owner Stanley Matthew P $233,000
Previous Owner Stanley Matthew P $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2020 04/27/20 Sold $349,000 -0.3% $115 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $349,900 +16.2% $115 / Sq Ft
06/09/2017 06/09/17 Sold $301,000 -5.6% $99 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $319,000 -- $105 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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 $2,285 $133,600 $19,975 $113,625
2022 $1,607 $74,750 $13,300 $61,450
2021 $1,607 $74,750 $13,300 $61,450
2020 $1,590 $74,750 $13,300 $61,450
2019 $1,737 $73,950 $13,300 $60,650
2018 $1,737 $73,000 $13,300 $59,700
2017 $1,737 $73,000 $13,300 $59,700
2016 $1,737 $73,000 $13,300 $59,700
2015 $1,445 $73,000 $13,300 $59,700
2014 $1,445 $73,000 $13,300 $59,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9906380

Tennessee/Virginia Regional MLS

APN: 008D-A-034.00