NOT LISTED FOR SALE

1440 Cherokee Dr Unit 1-4 Morristown, TN 37814

Estimated Value: $343,869 - $418,000

Studio
4 Baths
-- Sq Ft
0.34 Acres Lot

Sale Details

Date Sold: March 23, 2017

Last sale price $68,750

Est. 449% increase in value since last sale

Current estimated payment $2,188 / mo

36 Days on Market

Highlights

  • Combination Kitchen and Dining Room
  • Carpet
  • No Heating
  • Level Lot

About This Home

As of March 2017

4-unit apartment complex with high visibility. Each unit has 2 BR, 1 BA, fireplace, wall air conditioner, baseboard heat, off street parking. Sold "AS IS" priced to sell quickly don't delay.See attachment for PAS requirements and WFHM offer submittal information in MLS document section. Please submit all offers to the listing broker/agent.To report any concerns with a listing broker/agent or to report any property condition or other concern needing escalation, including concerns related to a previously submitted offer or information on how to place offer, please call:1-877-617-5274.

Last Agent to Sell the Property

Vickie Ricker

Realty Executives East TN Realtors License #304712 Listed on: 01/04/2017

Realty Executives East TN Realtors

Last Buyer's Agent

Vickie Ricker

Realty Executives East TN Realtors License #304712 Listed on: 01/04/2017

Realty Executives East TN Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 100 x 150
  • Level Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Unfinished Basement

Flooring

  • Carpet
  • Laminate
  • Vinyl

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 14.00

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0.34 Acres

Listing Details

  • Directions: From Andrew Johnson Hwy into downtown Morristown, turn right onto Cumberland St. and then left onto Cherokee Drive. Property is located on the right.
  • Prop. Type: Residential Income
  • Year Built: 1978
  • Property Sub Type: Quadruplex
  • Unit Levels: Two
  • Location Tax Legal Info Parcel ID: 14.00
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: commercial
  • General Property Description Elementary School3: Out Of Area
  • General Property Description Middle School2: Out Of Area
  • General Property Description High School3: Out Of Area
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 100 x 150
  • TopographyLot Description Level2: Yes
  • Roof Composition: Yes
  • Interior Features KitchenDining Combo: Yes
  • TopographyLot Description Sloped: Yes
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Flooring Vinyl: Yes
  • General Property Description # Buildings: 1
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Has Basement: Unfinished
  • Flooring: Vinyl, Carpet, Laminate
  • Interior Amenities: Kitchen/Dining Combo
  • Fireplace Features: Living Room
  • Fireplace:Living Room: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Composition
  • Lot Features: Sloped, Level
  • Construction Type: Brick
  • Exterior Finish Brick4: Yes

Utilities

  • Heating: None
  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: No
  • Water Source: Public
  • Heating:None7: Yes

Schools

  • Elementary School: Out Of Area
  • High School: Out Of Area
  • Middle Or Junior School: Out Of Area

Lot Info

  • Zoning: commercial
  • Lot Dimensions: 100 x 150
  • Parcel #: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2023
Sold by
Brown Bambi
Bought by
Fw Holdings Llc
Current Estimated Value
$377,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$253,991
Interest Rate
6.96%
Mortgage Type
Seller Take Back
Estimated Equity
$123,299

Purchase Details

Listed on
Jan 4, 2017
Closed on
Mar 10, 2017
Sold by
Wells Fargo Bank Na
Bought by
Brown Bambi
Seller's Agent
Vickie Ricker
Realty Executives East TN Realtors
Buyer's Agent
Vickie Ricker
Realty Executives East TN Realtors
List Price
$55,000
Sold Price
$68,750
Premium/Discount to List
$13,750
25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.38%

Purchase Details

Closed on
Nov 10, 2016
Sold by
Reid Louise Lydia
Bought by
Wells Fargo Bank

Purchase Details

Closed on
Dec 29, 2003
Sold by
Reid Almond C
Bought by
Reid Almond C

Purchase Details

Closed on
Oct 1, 2001
Sold by
Nella Smith
Bought by
Reid Almond

Purchase Details

Closed on
Mar 19, 2001
Sold by
Smith Nella
Bought by
Reid Almond Carlton

Purchase Details

Closed on
Mar 12, 1965
Bought by
Smith Nella B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Fw Holdings Llc $300,000 Foundation Title
Brown Bambi $70,500 --
Wells Fargo Bank $70,486 --
Reid Almond C -- --
Reid Almond $78,750 --
Reid Almond Carlton $26,250 --
Smith Nella B -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Fw Holdings Llc $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2017 03/23/17 Sold $68,750 +25.0% --
02/10/2017 02/10/17 Pending -- -- --
01/04/2017 01/04/17 For Sale $55,000 -- --
Source: Tennessee/Virginia Regional MLS

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
2025 $1,755 $134,000 $10,600 $123,400
2024 $1,063 $60,400 $7,960 $52,440
2023 $1,063 $60,400 $0 $0
2022 $1,909 $60,400 $7,960 $52,440
2021 $1,909 $60,400 $7,960 $52,440
2020 $1,906 $60,400 $7,960 $52,440
2019 $1,829 $53,800 $8,000 $45,800
2018 $1,695 $53,800 $8,000 $45,800
2017 $1,668 $53,800 $8,000 $45,800
2016 $1,593 $53,800 $8,000 $45,800
2015 $1,482 $53,800 $8,000 $45,800
2014 -- $53,800 $8,000 $45,800
2013 -- $54,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vickie Ricker

    Seller's Agent in 2017

    Vickie Ricker

    Realty Executives East TN Realtors

    (423) 470-6655

    1 in this area

    136 Total Sales

    Vickie Ricker
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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 386538

Tennessee/Virginia Regional MLS

APN: 033D-B-014.00

Tennessee Hamblen County Morristown 37814

1440 Cherokee Dr Unit 1-4, Morristown, TN

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Listing information is deemed reliable, but not guaranteed.

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