NOT LISTED FOR SALE

1535 River Path Morristown, TN 37813

Estimated Value: $271,000 - $342,000

3 Beds
2 Baths
1,475 Sq Ft
$203/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $251,900 $171 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,674/month

4 Days on Market

Highlights

  • New Construction
  • 1-Story Property
  • Heat Pump System
  • ENERGY STAR Qualified Air Conditioning

About This Home

As of March 2024

Brand New Home qualifies for government loan financing with little to zero money down. Home features 3 bedrooms 2 baths with farmhouse feel decor. Excellent laying lot with a country feel yet close to interstate with easy access to smoky mountains, pigeon forge, and more. Subdivision fronts on the Nolichuckey river with an quick float to be on Douglas Lake. Proposed ramp and common area along the river to provide nice recreation area within the development. A must see on your tour of Homes!

Last Agent to Sell the Property

Scott Wills

Whitehorn Auction and Realty License #263917 Listed on: 01/21/2024

Co-Listed By

Kelli Knight

Whitehorn Auction and Realty License #375116

Last Buyer's Agent

IAN CULLEN

Tennessee Valley Appraisal Services License #1778

Property Details

Home Type

  • Manufactured Home

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.67 Acre Lot
  • Property fronts a county road

HOA Fees

  • $40 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,475 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • Central Air
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • Association fees include cable TV, internet, utilities, water
  • Spencer On The River HOA

Listing and Financial Details

  • Assessor Parcel Number 63G GRP A Par 041.00

Property Details

Home Type

Manufactured Home

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Year Built: 2023
  • Property Sub Type: Manufactured Home
  • Prop. Type: Residential
  • Lot Size Acres: 0.67
  • Lot Size: 110x irr
  • Road Frontage Type: County Road
  • Directions: GPS friendly
  • Above Grade Finished Sq Ft: 1475.0
  • New Construction: Yes
  • Location Tax and Legal:Tax Annual Amount: 75.0
  • Location Tax and Legal:Tax Year2: 2023
  • Location Tax and Legal:Parcel Number2: 63G GRP A Par 041.00
  • General Property Information:Lot Size Acres: 0.67
  • General Property Information:Lot Size Dimensions: 110x irr
  • General Property Information:Waterfront YN: No
  • Utilities:Cable Available: Yes
  • Water Source:Public: Yes
  • General Property Information:Living Area2: 1475.0
  • General Property Information:Above Grade Finished Area: 1475.0
  • General Property Information:New Construction YN: Yes
  • General Property Information:Fireplace YN: No
  • Levels:One: Yes
  • Roof:Shingle: Yes
  • General Property Information:Basement YN: No
  • Cooling:Central Air: Yes
  • Cooling:Electric: Yes
  • Road Frontage Type:County Road: Yes
  • General Property Information:View YN2: No
  • Utilities:Water Connected: Yes
  • Property Condition:New Construction: Yes
  • Cooling:ENERGY STAR Qualified Equipment: Yes
  • Special Features: NewHome

Interior Features

  • Levels: One
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1475.0

Exterior Features

  • Roof: Shingle
  • View: No
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Property Condition: New Construction
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Garage Yn: No
  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric, ENERGY STAR Qualified Equipment
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Water Connected
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association Fee: 40.0
  • Association Fee Frequency: Monthly
  • Association Name: Spencer on the River HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 40.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Name: Spencer on the River HOA
  • Association Fee Includes:Cable TV2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Fee Includes:Internet: Yes
  • Association Fee Includes:Utilities: Yes

Fee Information

  • Association Fee Includes: Cable TV, Internet, Utilities, Water

Lot Info

  • Lot Size Sq Ft: 29185.2
  • Parcel #: 63G GRP A Par 041.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 75.0
  • Tax Map Number: 063G Grp A Par 041.00
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2024
Closed on
Mar 8, 2024
Sold by
Cmh Homes Inc
Bought by
Whaley Tyler J
Seller's Agent
Scott Wills
Whitehorn Auction and Realty
Buyer's Agent
IAN CULLEN
Tennessee Valley Appraisal Services
List Price
$251,900
Sold Price
$251,900
Views
6
Current Estimated Value
$298,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,074
Avg. Annual Appreciation
9.81%
Original Mortgage
$247,336
Outstanding Balance
$242,791
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$56,183

Purchase Details

Closed on
Jul 10, 2023
Sold by
Blue Sky Mining
Bought by
Cmh Homes Inc

Purchase Details

Closed on
Jun 30, 2021
Sold by
Mountain Land Development Llc
Bought by
Blue Sky Mining Gp

Purchase Details

Closed on
Sep 22, 2017
Sold by
Spence Johnnie
Bought by
Morristown Land Development Llc

Purchase Details

Closed on
May 10, 2013
Sold by
Spence Johnnie
Bought by
Morristown Land Development Llc

Purchase Details

Closed on
Nov 19, 2010
Bought by
Anderson Steve D

Purchase Details

Closed on
Jul 26, 2007
Bought by
Anderson Steve D

Purchase Details

Closed on
Aug 17, 2004
Bought by
Byerley J R

Purchase Details

Closed on
Nov 15, 2001
Bought by
Anderson Steve and Green Thomas

Purchase Details

Closed on
Oct 19, 2001
Bought by
Byerley J R J and Byerley Sandra J

Purchase Details

Closed on
Nov 15, 1999
Bought by
Anderson Steve and Green Thomas

Purchase Details

Closed on
Feb 2, 1967
Bought by
Bayless Bayless A and Bayless Doggett

Purchase Details

Closed on
Jan 17, 1967
Bought by
Bayless Bayless Z and Bayless Doggett

Purchase Details

Closed on
Apr 15, 1922
Bought by
Bayless Bayless W and Bayless Effie

Purchase Details

Closed on
Oct 2, 1905
Bought by
Bayless Bayless Z and Bayless W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Whaley Tyler J $251,900 Superior Title
Cmh Homes Inc $125,000 East Tennessee Title & Escrow
Blue Sky Mining Gp $530,000 None Available
Morristown Land Development Llc $6,000 None Available
Morristown Land Development Llc $6,000 --
Anderson Steve D -- --
Anderson Steve D $345,500 --
Byerley J R $13,000 --
Anderson Steve $100 --
Byerley J R J $100 --
Anderson Steve $121,600 --
Bayless Bayless A -- --
Bayless Bayless Z -- --
Bayless Bayless W -- --
Bayless Bayless Z -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whaley Tyler J $247,336
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2024 03/08/24 Sold $251,900 0.0% $171 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
01/21/2024 01/21/24 For Sale $251,900 -- $171 / 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
2025 $862 $58,650 $7,425 $51,225
2024 $550 $27,925 $3,500 $24,425
2023 $69 $3,500 $0 $0
2022 $69 $3,500 $3,500 $0
2021 $69 $3,500 $3,500 $0
2020 $69 $3,500 $3,500 $0
2019 $75 $3,500 $3,500 $0
2018 $75 $3,500 $3,500 $0
2017 $75 $3,500 $3,500 $0
2016 $70 $3,500 $3,500 $0
2015 $65 $3,500 $3,500 $0
2014 -- $3,500 $3,500 $0
2013 -- $3,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 702413

Lakeway Area Association of REALTORS®

APN: 063G-A-041.00