NOT LISTED FOR SALE

1587 Meadow Run Dr Morristown, TN 37814

Estimated Value: $208,000 - $348,000

3 Beds
2 Baths
1,343 Sq Ft
$208/Sq Ft Est. Value

Last Sold March 24, 2014

Last sale price $50,000 $37 Per Sq Ft

Est. 459% increase in value since last sale

Current estimated payment $1,511/month

113 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Laundry Room
  • 1 Car Garage
  • Paneling
  • Central Air

About This Home

As of March 2014

Nice starter house that needs some cosmetic work to turn it into home. Great neighborhood, large corner lot with fenced in back yard. Two bedrooms, one bath up, another bedroom with a full bath downstairs with additional finished room. Looks to have newer heat pump. Selling as is.

Last Agent to Sell the Property

Gwen Lilley

Century 21 Legacy - Greeneville License #273473 Listed on: 11/13/2013

Century 21 Legacy - Greeneville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $592

Year Built

  • Built in 1980

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 151 x 127
  • Privacy Fence
  • Level Lot
  • Property is in average condition

Parking

  • 1 Car Garage
  • 2 Carport Spaces
  • Gravel Driveway

Home Design

  • Split Foyer
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Paneling
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Schools

  • Russellville Elementary School
  • East Ridge Middle School
  • Morristown East High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 027.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$592

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Directions: 11-E to Jaybird Rd. Stay on Jaybird Rd, turn right onto Meadow Run Drive, house is on the left.
  • Prop. Type: Residential
  • Year Built: 1980
  • Garage Carport Spaces: 2
  • Garage Garage Spaces: 1
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Architectural Style: Split Foyer
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.44
  • General Property Description Zoning2: Res
  • General Property Description Elementary School3: Russellville
  • General Property Description Middle School2: East Ridge
  • General Property Description High School3: Morristown East
  • Water Public: Yes
  • General Property Description Lot Dimensions: 151 x 127
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1343.0
  • General Property Description Above Grade SqFt: 906.0
  • AC Central Air: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 027.00
  • General Property Description Stories2: 1
  • Roof Composition: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Other Rooms Laundry: Yes
  • Style Split Foyer: Yes
  • Flooring Vinyl: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • Fencing Privacy: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Appliances: Dishwasher
  • Has Basement: Partially Finished
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Primary Downstairs, Eat-in Kitchen, Laminate Counters
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 437.0
  • General Property Description Baths - Full: 2
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Laminate Counters: Yes
  • Basement:Partially Finished: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Composition
  • Fencing: Privacy
  • Acres: 0.44
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Brick, Wood Siding
  • Exterior Finish Wood Siding: Yes
  • Exterior Finish Brick4: Yes

Garage/Parking

  • Parking Features: Attached, Detached, Gravel
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features:Gravel: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Detached: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • 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

Schools

  • Elementary School: Russellville
  • High School: Morristown East
  • Middle Or Junior School: East Ridge

Lot Info

  • Zoning: Res
  • Lot Dimensions: 151 x 127
  • Lot Size Sq Ft: 19166.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 027.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2014
Sold by
Wealth Generation Grp Inc
Bought by
Vorhees Janet K
Current Estimated Value
$279,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Outstanding Balance
$73,151
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$206,174

Purchase Details

Listed on
Nov 13, 2013
Closed on
Mar 20, 2014
Sold by
Lpp Mtg Ltd
Bought by
Wealth Generation Grp Inc
Seller's Agent
Gwen Lilley
Century 21 Legacy - Greeneville
List Price
$69,900
Sold Price
$50,000
Premium/Discount to List
-$19,900
-28.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.99%

Purchase Details

Closed on
Aug 26, 2013
Sold by
Dailey Deloris J
Bought by
Lpp Mortgage Ltd

Purchase Details

Closed on
Jun 13, 1994
Sold by
Dailey Terry
Bought by
Deloris Dailey

Purchase Details

Closed on
Jun 18, 1986
Bought by
Dailey Terry A

Purchase Details

Closed on
Mar 20, 1986

Purchase Details

Closed on
Feb 3, 1983
Bought by
Bunch James L and Bunch Geraldine S

Purchase Details

Closed on
Apr 9, 1980
Bought by
Price James A and Price Joan M

Purchase Details

Closed on
Sep 13, 1979
Bought by
N & J Builders
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
Vorhees Janet K $120,000 --
Wealth Generation Grp Inc $50,000 --
Lpp Mortgage Ltd $26,200 --
Lpp Mtg Ltd $26,240 --
Deloris Dailey -- --
Dailey Terry A $39,900 --
-- $44,400 --
Bunch James L $42,900 --
Price James A -- --
N & J Builders -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vorhees Janet K $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2014 03/24/14 Sold $50,000 -28.5% $37 / Sq Ft
03/07/2014 03/07/14 Pending -- -- --
11/13/2013 11/13/13 For Sale $69,900 -- $52 / 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 $592 $30,075 $4,150 $25,925
2023 $592 $30,075 $0 $0
2022 $592 $30,075 $4,150 $25,925
2021 $592 $30,075 $4,150 $25,925
2020 $592 $30,075 $4,150 $25,925
2019 $545 $25,600 $4,050 $21,550
2018 $479 $25,600 $4,050 $21,550
2017 $479 $22,500 $4,050 $18,450
2016 $448 $22,500 $4,050 $18,450
2015 $416 $22,500 $4,050 $18,450
2014 -- $22,500 $4,050 $18,450
2013 -- $22,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Gwen Lilley

    Century 21 Legacy - Greeneville

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 341283

Tennessee/Virginia Regional MLS

APN: 018J-A-027.00

Tennessee Hamblen County Morristown 37814

1587 Meadow Run Dr, Morristown, TN

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