NOT LISTED FOR SALE

1533 George Ellis Rd Morristown, TN 37813

Estimated Value: $181,000 - $584,000

3 Beds
2 Baths
1,432 Sq Ft
$284/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $105,000 $73 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $2,214/month

215 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Separate Outdoor Workshop
  • Wood Flooring
  • Covered Patio or Porch
  • Wood Frame Window

About This Home

As of August 2020

REDUCED! OWNER SAYS SELL AND WILL LISTEN TO ALL OFFERS! INVESTOR NEEDED for 15 ACRES WITH A LOG CABIN in East Hamblen! 30' x 50' Detached Garage with electric, that is away from the house. This house needs some work. Square Logs. No kitchen appliance. The acres are wooded and rolling and there has been pasture. This land affords you privacy without being isolated. Utility Water. Shared driveway with one neighbor. Just off Hwy 160 and convenient to EVERYTHING! The garage could be a great shop for business or pleasure. Home and real estate will be Sold As Is. With some vision, some work and some TLC this could be a dream homestead with peace and tranquility. Woods and Privacy along with lots of wildlife including deer and turkey.

Last Agent to Sell the Property

Billy Daniel

Appalachian Real Estate Listed on: 11/22/2019

Last Buyer's Agent

Dustin Miller

Elite Realty Group License #352802

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $910

Year Built

  • Built in 1991

Lot Details

  • 15 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 6 Car Garage

Home Design

  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,432 Sq Ft Home
  • 1.5-Story Property
  • Wood Frame Window
  • Living Room

Flooring

  • Wood
  • Tile

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
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 006.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$910

Year Built

Built in 1991

Lot Details

0

Parking

6

Listing Details

  • Carport Y N: No
  • Year Built: 1991
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 15.0
  • Lot Size: IRR/IRR/IRR/IRR
  • Subdivision Name: Other
  • Directions: FROM HWY 25E EXIT ONTO HWY 160 AND GO TOWARD I-81. BEFORE YOU GET TO UNION HEIGHTS SCHOOL TAKE CANTER RD LEFT. GO RT ON GEORGE ELLIS KEEP BEARING LEFT TO HOME.
  • Above Grade Finished Sq Ft: 1432.0
  • New Construction: No
  • Structure Type: Cabin
  • Location Tax and Legal:Tax Annual Amount: 910.04
  • Location Tax and Legal:Tax Year2: 2018
  • Location Tax and Legal:Parcel Number2: 006.00
  • General Property Information:Lot Size Acres: 15.0
  • General Property Information:Lot Size Dimensions: IRR/IRR/IRR/IRR
  • 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: 1432.0
  • General Property Information:Above Grade Finished Area: 1432.0
  • 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
  • Cooling:Heat Pump: Yes
  • Flooring:Tile: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Room Types:Basement3: Yes
  • Room Types:Living Room2: Yes
  • General Property Information:Basement YN: Yes
  • Cooling:Electric: Yes
  • Laundry Features:Laundry Room: Yes
  • Utilities:Natural Gas Not Available: Yes
  • Laundry Features:Main Level: Yes
  • Levels:One and One Half: Yes
  • Other Structures:Workshop: Yes
  • Flooring:Wood: Yes
  • Room Types:Laundry: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Electric Water Heater
  • Basement: Block, Full, Unfinished, Walk-Out Access
  • Levels: One and One Half
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1432.0
  • Window Features: Wood Frames
  • Basement:Block: Yes
  • Appliances:Electric Water Heater: Yes
  • Basement:Walk-Out Access: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Level, Rolling Slope, Wooded, Other
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Block, Log
  • Foundation Details: Block
  • Other Structures: Workshop
  • Patio And Porch Features: Covered, Porch
  • Construction Materials:Block2: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Other21: Yes
  • Window Features:Wood Frames: Yes
  • Construction Materials:Log2: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Garage Yn: Yes
  • Attached Garage: No
  • Garage Spaces: 6.0
  • Parking Features: Detached, Garage, Gravel
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 6.0
  • Parking Features:Garage: Yes
  • General Property Information:Carport YN: No
  • Parking Features:Gravel: Yes
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Not Available
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: 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: 653400.0
  • Parcel #: 006.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 910.04
  • Tax Map Number: 042M
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Aug 17, 2020
Sold by
Bolling Martha K
Bought by
Wilson Johnathan and Wilson Kaitlyn
Seller's Agent
Billy Daniel
Appalachian Real Estate
Buyer's Agent
Dustin Miller
Elite Realty Group
List Price
$149,900
Sold Price
$105,000
Premium/Discount to List
-$44,900
-29.95%
Current Estimated Value
$406,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,675
Avg. Annual Appreciation
29.74%
Original Mortgage
$84,000
Outstanding Balance
$74,514
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$332,161

Purchase Details

Closed on
Oct 22, 2002
Sold by
Bolling Larry W
Bought by
Bolling Joshua B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,847
Interest Rate
6.01%

Purchase Details

Closed on
Jan 14, 1988
Bought by
Bolling Larry W and Bolling Martha K

Purchase Details

Closed on
Jan 6, 1964
Bought by
Gaby Wm W and Webb Thomas L Texie F
Source: Public Records

Range of Values:

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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
Wilson Johnathan $105,000 None Available
Bolling Joshua B $62,000 --
Bolling Larry W $12,000 --
Gaby Wm W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Johnathan $84,000
Previous Owner Gaby Wm W $41,847
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2020 08/17/20 Sold $105,000 -30.0% $73 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
11/22/2019 11/22/19 For Sale $149,900 -- $105 / 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 $980 $49,725 $23,575 $26,150
2023 $980 $49,725 $0 $0
2022 $980 $49,725 $23,575 $26,150
2021 $980 $49,725 $23,575 $26,150
2020 $980 $49,725 $23,575 $26,150
2019 $910 $42,725 $18,875 $23,850
2018 $910 $42,725 $18,875 $23,850
2017 $910 $42,725 $18,875 $23,850
2016 $850 $42,725 $18,875 $23,850
2015 $790 $42,725 $18,875 $23,850
2014 -- $42,725 $18,875 $23,850
2013 -- $45,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 586559

Lakeway Area Association of REALTORS®

APN: 042M-B-006.00