NOT LISTED FOR SALE

1719 Thomas R James Dr Morristown, TN 37813

Estimated Value: $148,316 - $210,000

8 Beds
3 Baths
1,672 Sq Ft
$102/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $127,500 $76 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $927/month

114 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • Heating Available

About This Home

As of October 2023

This unique triplex offers a tremendous opportunity for those seeking a project with great potential. This property requires extensive renovations and upgrades, making it ideal for investors or buyers looking to customize their own living space. Situated in a convenient location, this triplex is surrounded by a charming neighborhood and offers easy access to local amenities and major transportation routes. The top two units of this triplex feature spacious layouts, each offering 2 bedrooms and 1 bathroom. With some creative vision and hard work, these units have the potential to become comfortable and cozy living spaces. Whether you envision a modern retreat or a classic design, these units provide a blank canvas for your imagination to run wild. The downstairs unit boasts an impressive 4 bedrooms and 1 bathroom, offering ample space for a larger family or the potential for additional rental income. The possibilities are endless for transforming this unit into a welcoming and functional living space that suits your specific needs.

Last Agent to Sell the Property

Christy Ratcliff

MG Rise Real Estate Group License #354930 Listed on: 06/05/2023

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM License #105

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $782

Year Built

  • Built in 1971

Lot Details

  • 0.59 Acre Lot

Home Design

  • 1,672 Sq Ft Home
  • Triplex
  • Vinyl Siding
  • Block And Beam Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot Pt11

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$782

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1971
  • Zoning: None
  • Reso Property Sub Type: Triplex
  • Road Frontage Type: City Street
  • Fireplace: No
  • Garage Yn: No
  • Location Tax and Legal Tax Lot2: Pt11
  • Location Tax and Legal:Tax Annual Amount: 782.42
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Lot Size Acres: 0.59
  • General Property Information Bonus Room YN2: No
  • General Property Information Home Warranty YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information Fireplace YN: No
  • General Property Information Number Of Units Total2: 3.0
  • Cooling:Window Unit(s): Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Street Number Modifier: 1719
  • Full Bathrooms: 3
  • Total Bedrooms: 8

Exterior Features

  • Acres: 0.59
  • Home Warranty: No
  • Construction Type: Block, Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Block: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Window Unit(s)
  • Heating: Other
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 25700.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 782.42
  • Tax Lot: Pt11

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Oct 25, 2023
Sold by
L & R Rentals Llc
Bought by
Adventure From Home Inc
Seller's Agent
Christy Ratcliff
MG Rise Real Estate Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$195,900
Sold Price
$127,500
Premium/Discount to List
-$68,400
-34.92%
Current Estimated Value
$170,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,939
Avg. Annual Appreciation
15.70%
Original Mortgage
$108,375
Outstanding Balance
$106,388
Interest Rate
7.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
$64,051

Purchase Details

Closed on
Dec 30, 2014
Sold by
Sawyer Residential Rental
Bought by
Nichols Sawyer Lisa

Purchase Details

Closed on
Jan 2, 2009
Bought by
Sawyer Residential Rental Family Limited Part

Purchase Details

Closed on
Dec 8, 1992
Bought by
Sawyer Mark C

Purchase Details

Closed on
Aug 22, 1988
Bought by
Nichols Russell L

Purchase Details

Closed on
May 20, 1988
Bought by
Nichols Harold L and Nichols Ann C

Purchase Details

Closed on
Jun 22, 1983
Bought by
Nichols Harold L and Nichols Ann C
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Adventure From Home Inc $127,500 Foundation Title
Nichols Sawyer Lisa -- --
Sawyer Lisa Nichols -- --
Sawyer Residential Rental Family Limited Part -- --
Sawyer Mark C $139,000 --
Nichols Russell L $117,500 --
Nichols Harold L $53,500 --
Nichols Harold L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adventure From Home Inc $108,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2023 10/31/23 Sold $127,500 -34.9% $76 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $195,900 -- $117 / Sq Ft
Source: Great Smoky Mountains 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 $422 $24,000 $5,520 $18,480
2023 $422 $24,000 $0 $0
2022 $783 $24,760 $6,280 $18,480
2021 $783 $24,760 $6,280 $18,480
2020 $782 $24,760 $6,280 $18,480
2019 $859 $25,240 $7,800 $17,440
2018 $796 $25,240 $7,800 $17,440
2017 $783 $25,240 $7,800 $17,440
2016 $747 $25,240 $7,800 $17,440
2015 $695 $25,240 $7,800 $17,440
2014 -- $25,240 $7,800 $17,440
2013 -- $25,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Christy Ratcliff

    MG Rise Real Estate Group

    Section Image

  • N

    Buyer's Agent in 2023

    NON MEMBER

    NON MEMBER FIRM

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 257649

Great Smoky Mountains Association of REALTORS®

APN: 041F-E-005.00

Tennessee Hamblen County Morristown 37813

1719 Thomas R James Dr, Morristown, TN

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