NOT LISTED FOR SALE

1607 Lowland Pike Morristown, TN 37813

Estimated Value: $237,000 - $303,000

3 Beds
1 Bath
1,884 Sq Ft
$139/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $166,400 $88 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,435/month

2 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Double Pane Windows
  • Wood Burning Stove
  • Rear Porch
  • Patio

About This Home

As of November 2021

GREAT AREA! 3 bedroom and 1 bath brick home near Union Heights Elementary school. Situated on a level corner lot with a rural setting and convenient to I81 and shopping. Don't let this affordable home slip through your hands, see the virtual tour or setup a private showing today! Items installed in the past, double pane windows 2014, shingle roof 2009, HVAC system 2015.

Last Agent to Sell the Property

James 'Jamey' Vaughn

REMAX Real Estate Ten of Morristown License #354233 Listed on: 10/01/2021

REMAX Real Estate Ten of Morristown

Last Buyer's Agent

Non Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $538

Year Built

  • Built in 1962

Lot Details

  • 0.85 Acre Lot
  • Lot Dimensions are 165x227x155x221
  • Level Lot
  • Property is in average condition
  • Property is zoned A1

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,884 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Mountain Views
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Shed
  • Rear Porch

Schools

  • Hamblen Co Alt. Elementary School
  • East Ridge Middle School
  • Morristown East High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank
  • Satellite Dish

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 011.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$538

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Directions: Travel on Hwy 160 to Union Heights School, turn right on Lowland Pike go to stop sign Home is on right at corner
  • Prop. Type: Residential
  • Year Built: 1962
  • Property Sub Type: Single Family Residence
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.85
  • General Property Description Zoning2: A1
  • General Property Description Elementary School3: Hamblen Co Alt.
  • General Property Description Middle School2: East Ridge
  • General Property Description High School3: Morristown East
  • Water Public: Yes
  • General Property Description Lot Dimensions: 165x227x155x221
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1884.0
  • General Property Description Above Grade SqFt: 1884.0
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 011.00
  • Style Ranch: Yes
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 1
  • Other Structures Shed(s): Yes
  • Other Equipment Satellite Dish: Yes
  • View Mountain(s): Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Foundation Block6: Yes
  • Flooring Vinyl: Yes
  • Property Condition Average: Yes
  • RoofAsphalt: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Security Features:Smoke Detector(s): Yes
  • Special Features: VirtualTour

Interior Features

  • Other Equipment: Satellite Dish
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Has Basement: Crawl Space
  • Flooring: Carpet, Hardwood, Vinyl
  • Window Features: Double Pane Windows, Window Treatments
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning Stove
  • Total Bedrooms: 7
  • General Property Description Baths - Full: 1
  • Appliances Dishwasher: Yes
  • Fireplace:Living Room: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Fireplace:Wood Burning Stove: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Asphalt, Shingle
  • Other Structures: Shed(s)
  • View: Mountain(s)
  • Acres: 0.85
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Back, Patio
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Back: Yes
  • Window Features:Window Treatments: Yes
  • PorchPatioDeck Patio: Yes

Garage/Parking

  • Parking Features: Deeded, Concrete
  • Attached Garage: No
  • Parking Features:Concrete2: Yes
  • Parking Features:Parking Spaces: Yes

Utilities

  • Heating: Central, Electric, Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes

Schools

  • Elementary School: Hamblen Co Alt.
  • High School: Morristown East
  • Middle Or Junior School: East Ridge

Lot Info

  • Zoning: A1
  • Lot Dimensions: 165x227x155x221
  • Lot Size Sq Ft: 37026.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 011.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 1846

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Nov 8, 2021
Sold by
Parvin Devon A
Bought by
Gamber Larry Wayne
Seller's Agent
James 'Jamey' Vaughn
REMAX Real Estate Ten of Morristown
Buyer's Agent
Non Member
Non Member
List Price
$159,900
Sold Price
$166,400
Premium/Discount to List
$6,500
4.07%
Current Estimated Value
$261,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,918
Avg. Annual Appreciation
12.20%
Original Mortgage
$168,080
Outstanding Balance
$153,779
Interest Rate
2.88%
Mortgage Type
USDA
Estimated Equity
$107,539

Purchase Details

Listed on
Mar 27, 2020
Closed on
May 22, 2020
Sold by
Seven Wheels Inc
Bought by
Parvin Devon A
Seller's Agent
Terry Long
RE/MAX Real Estate Ten Midtown
Buyer's Agent
FRED DAY
Re/Max Real Estate Ten Midtown
List Price
$119,900
Sold Price
$122,650
Premium/Discount to List
$2,750
2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.06%
Original Mortgage
$120,428
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 10, 2001
Sold by
Mary Mills
Bought by
Seven Wheels Inc

Purchase Details

Closed on
Apr 18, 1972
Bought by
Mills Mary G
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
Gamber Larry Wayne $166,400 Lakeway Title Services
Parvin Devon A $122,650 Lakeway Title Services
Seven Wheels Inc $67,500 --
Mills Mary G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gamber Larry Wayne $168,080
Previous Owner Parvin Devon A $120,428
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2021 11/08/21 Sold $166,400 +4.1% $88 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $159,900 +30.4% $85 / Sq Ft
05/22/2020 05/22/20 Sold $122,650 +2.3% $65 / Sq Ft View Prior Sale
04/24/2020 04/24/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $119,900 -- $64 / 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 $538 $27,300 $4,200 $23,100
2023 $538 $27,300 $0 $0
2022 $538 $27,300 $4,200 $23,100
2021 $538 $27,300 $4,200 $23,100
2020 $604 $0 $0 $0
2019 $604 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $604 $30,360 $5,040 $25,320
2015 $562 $30,360 $5,040 $25,320
2014 -- $30,360 $5,040 $25,320
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9929362

Tennessee/Virginia Regional MLS

APN: 051-011.00