$116,500
SOLD FEB 24, 2025

1589 Stetzer Cir Morristown, TN 37814

3 Beds
1 Bath
960 Sq Ft
0.28 Acres

Recently Sold

$121 Per Sq Ft

30% Below List Price

9 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Level Lot
  • No HOA
  • 1 Car Garage
  • Heat Pump System

About This Home

As of June 2025

Investor Opportunity! 3-Bedroom, 1-Bathroom house with a full unfinished basement in Morristown. This property offers tons of potential for the right buyer! Features include a newer water heater and heat pump. With its great location and untapped possibilities, this one won't last long—don't miss out!

Last Agent to Sell the Property

Lance Gatlin

Keller Williams Properties License #328492 Listed on: 01/09/2025

Last Buyer's Agent

Non Member

Non Member - Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $565

Year Built

  • Built in 1957

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 75x155x75x174
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Fixer Upper
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Block Basement Construction
  • Laundry in Basement

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 025I E 00700 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$565

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1957
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Lot Size: 75x155x75x174
  • Road Frontage Type: City Street
  • Directions: N Cumberland St to Left on Fairvew Rd. Take Right onto Adams St. Then Left on Washington Avenue to immediate Right onto Stetzer Circle. House on Right. See Sign.
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Ranch
  • New Construction: No
  • Structure Type: House
  • Location Tax and Legal:Tax Annual Amount: 564.85
  • Location Tax and Legal:Tax Year2: 2023
  • Location Tax and Legal:Parcel Number2: 025I E 00700 000
  • General Property Information:Lot Size Acres: 0.28
  • General Property Information:Lot Size Dimensions: 75x155x75x174
  • General Property Information:Waterfront YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information:Living Area2: 960.0
  • General Property Information:Above Grade Finished Area: 960.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: No
  • Architectural Style:Ranch: Yes
  • Cooling:Heat Pump: Yes
  • Flooring:Carpet: Yes
  • Foundation Details:Block3: Yes
  • Roof:Shingle: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Hardwood: Yes
  • Utilities:Sewer Connected: Yes
  • Cooling:Electric: Yes
  • Laundry Features:In Basement: Yes
  • General Property Information:Stories Total: 1
  • Utilities:Electricity Connected: Yes
  • Utilities:Water Connected: Yes
  • Property Condition:Year Built Effective: 1957
  • Property Condition:Fixer: Yes
  • Special Features: None
  • Stories: 1
  • Year Renovated: 1957

Interior Features

  • Flooring: Carpet, Hardwood
  • Basement: Block, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 960.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Stories: 1
  • Basement:Block: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Level
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Foundation Details: Block
  • Property Condition: Fixer
  • Lot Features:Level: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Cooling: Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 12196.8
  • Parcel #: 025I E 00700 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 564.85
  • Tax Map Number: 025I E 007.00
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Feb 21, 2025
Sold by
Skatzes Pamela and Edwards Kelly
Bought by
Valley View Developers Inc
Seller's Agent
Lance Gatlin
Keller Williams Properties
Buyer's Agent
Non Member
Non Member - Sales
List Price
$167,000
Sold Price
$116,500
Premium/Discount to List
-$50,500
-30.24%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
227.30%
Original Mortgage
$170,000
Outstanding Balance
$169,723
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$8,806

Purchase Details

Closed on
Dec 4, 1984
Bought by
Bledsoe Ronnie M and Bledsoe Mary M

Purchase Details

Closed on
Jun 9, 1978
Bought by
Graves Ernest Elvin and Graves Anita F
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $116,500 Malcolm Title
Warranty Deed $22,000 --
Warranty Deed $20,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Sold $230,000 +2.3% $240 / Sq Ft
04/29/2025 04/29/25 Pending -- -- --
04/25/2025 04/25/25 For Sale $224,900 +93.0% $234 / Sq Ft
02/24/2025 02/24/25 Sold $116,500 -30.2% $121 / Sq Ft
01/18/2025 01/18/25 Pending -- -- --
01/09/2025 01/09/25 For Sale $167,000 -- $174 / 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 $315 $17,875 $4,050 $13,825
2023 $315 $17,875 $0 $0
2022 $565 $17,875 $4,050 $13,825
2021 $565 $17,875 $4,050 $13,825
2020 $565 $17,875 $4,050 $13,825
2019 $546 $16,075 $3,425 $12,650
2018 $506 $16,075 $3,425 $12,650
2017 $498 $16,075 $3,425 $12,650
2016 $476 $16,075 $3,425 $12,650
2015 $443 $16,075 $3,425 $12,650
2014 -- $16,075 $3,425 $12,650
2013 -- $18,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 706159

Lakeway Area Association of REALTORS®

APN: 025I-E-007.00