NOT LISTED FOR SALE

1531 Meadow Lane Cir Morristown, TN 37813

Estimated Value: $256,615 - $315,000

3 Beds
2 Baths
1,819 Sq Ft
$154/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $149,900 $82 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,526/month

1 Day on Market

Highlights

  • Mountain View
  • Wood Burning Stove
  • Sun or Florida Room
  • Deck
  • Ranch Style House
  • No HOA

About This Home

As of November 2019

This ranch style home is ready for new occupants. Three bedrooms, fenced in back yard with storage building. Stacked stone fireplace in den has an insert with fan. The sunroom also has a wood burning stove. Current sellers have created 2 bathrooms on main level and added a sunroom in their tenure. Carrier HVAC is 3 years old,Vinyl replacement windows added 10 years ago, double insulation blown in 6 years ago. The basement is accessible from an exterior door and is now heated and cooled. Perfect place for a workshop or your furry friends to stay out of the elements. The master dry system in the crawl space and basement is 1 year old and has a transferrable warranty. The house has good bones and is ready for a new owner to put their own style in the finishes. Hardwood floors are present under carpet in bedrooms and living room.

Last Agent to Sell the Property

Laura Dickerson

Keller Williams Properties License #326690 Listed on: 10/15/2019

Keller Williams Properties

Last Buyer's Agent

Tracey Bright

RE/MAX PRIME PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $613

Year Built

  • Built in 1960

Lot Details

  • 0.35 Acre Lot
  • Fenced
  • Level Lot

Parking

  • 2 Car Garage
  • Attached Carport

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,819 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Free Standing Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Window Treatments
  • Family Room with Fireplace
  • Living Room
  • Den
  • Sun or Florida Room
  • Mountain Views

Kitchen

  • Convection Oven
  • Range Hood

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Block Basement Construction

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Schools

  • Union Heights Elementary School
  • East Ridge Middle School
  • East High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 009.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$613

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Carport Y N: Yes
  • Year Built: 1960
  • Fencing: Fenced
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Lot Size: 100/151/100/151
  • Subdivision Name: None
  • Directions: Highway 160 to Lowland Pike, Right on Meadow Lane, property on left
  • Above Grade Finished Sq Ft: 1819.0
  • Architectural Style: Ranch
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 612.91
  • Location Tax and Legal:Tax Year2: 2018
  • Location Tax and Legal:Parcel Number2: 009.00
  • General Property Information:Lot Size Acres: 0.35
  • General Property Information:Lot Size Dimensions: 100/151/100/151
  • General Property Information:Waterfront YN: No
  • Water Source:Public: Yes
  • Location Tax and Legal:Elementary School: Union Heights
  • Location Tax and Legal:Middle Or Junior School2: East Ridge
  • Location Tax and Legal:High School: East
  • General Property Information:Living Area2: 1819.0
  • General Property Information:Above Grade Finished Area: 1819.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: Yes
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Additional Dwelling:Additional Dwelling YN: No
  • Appliances Refrigerators: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Carpet: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Levels:One: Yes
  • Roof:Shingle: Yes
  • Room Types:Basement3: Yes
  • Room Types:Living Room2: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Vinyl: Yes
  • Other Structures:Small Storage: Yes
  • View:Mountain(s): Yes
  • Cooling:Central Air: Yes
  • Cooling:Electric: Yes
  • Laundry Features:Laundry Room: Yes
  • Fencing:Fenced: Yes
  • Laundry Features:Main Level: Yes
  • Room Types:Den2: Yes
  • Room Types:Sunroom: Yes
  • Other Structures:Workshop: Yes
  • Room Types:Laundry: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Convection Oven, Electric Cooktop, Electric Water Heater, Range Hood, Refrigerator
  • Basement: Block, Partial, Unfinished, Walk-Out Access
  • Levels: One
  • Interior Amenities: Ceiling Fan(s)
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Free Standing, Insert, Masonry, Wood Burning Stove, Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1819.0
  • Window Features: Double Pane Windows, Vinyl Frames, Window Treatments
  • Basement:Block: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Convection Oven: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Electric Water Heater: Yes
  • Basement:Partial: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Free Standing: Yes
  • Fireplace Features:Masonry: Yes
  • Appliances:Electric Cooktop: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Other13: Yes
  • Fireplace Features:Insert: Yes
  • Basement:Unfinished: Yes
  • Fireplace Features:Wood Burning Stove: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Level
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Block
  • Other Structures: Small Storage, Workshop
  • Patio And Porch Features: Covered, Deck, Porch
  • Construction Materials:Brick: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Window Features:Vinyl Frames: Yes
  • Window Features:Window Treatments: Yes

Garage/Parking

  • Garage Yn: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Attached Carport, Carport, Concrete
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Concrete4: Yes
  • General Property Information:Carport YN: Yes
  • Parking Features:Carport: Yes
  • Parking Features:Attached Carport: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Amenities: Laundry
  • Association Fee Frequency: Monthly
  • Association: No

Association/Amenities

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

Schools

  • Elementary School: Union Heights
  • High School: East
  • Middle Or Junior School: East Ridge

Lot Info

  • Lot Size Sq Ft: 15246.0
  • Parcel #: 009.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 612.91
  • Tax Map Number: 051A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2019
Closed on
Nov 22, 2019
Sold by
Raber Robert and Raber Patricia A
Bought by
Williams David M and Williams Heather N
Seller's Agent
Laura Dickerson
Keller Williams Properties
Buyer's Agent
Tracey Bright
RE/MAX PRIME PROPERTIES
List Price
$144,900
Sold Price
$149,900
Premium/Discount to List
$5,000
3.45%
Current Estimated Value
$280,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,754
Avg. Annual Appreciation
11.18%
Original Mortgage
$147,184
Outstanding Balance
$129,225
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$151,429

Purchase Details

Closed on
Apr 28, 2003
Sold by
Bradley Dale F
Bought by
Raber Robert

Purchase Details

Closed on
Jan 12, 2000
Bought by
Wolfe Marjorie K L and Wolfe E

Purchase Details

Closed on
Apr 3, 1961
Bought by
Wolfe Billy Joe and Wolfe Marjorie K
Source: Public Records

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 Buyer Sale Price Title Company
Williams David M $149,900 Lawyers Title Services
Raber Robert $92,500 --
Wolfe Marjorie K L -- --
Wolfe Billy Joe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams David M $147,184
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2019 11/22/19 Sold $149,900 +3.5% $82 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
10/15/2019 10/15/19 For Sale $144,900 -- $80 / 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 $647 $32,850 $5,100 $27,750
2023 $647 $32,850 $0 $0
2022 $647 $32,850 $5,100 $27,750
2021 $636 $32,275 $5,100 $27,175
2020 $636 $32,275 $5,100 $27,175
2019 $613 $28,775 $5,000 $23,775
2018 $613 $28,775 $5,000 $23,775
2017 $613 $28,775 $5,000 $23,775
2016 $573 $28,775 $5,000 $23,775
2015 $532 $28,775 $5,000 $23,775
2014 -- $28,775 $5,000 $23,775
2013 -- $30,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 586062

Lakeway Area Association of REALTORS®

APN: 051A-B-009.00