$225,000
SOLD MAY 29, 2025

1940 Walnut Ave Jefferson City, TN 37760

2 Beds
2.5 Baths
2,115 Sq Ft
1992 Built

Recently Sold

$106 Per Sq Ft

8% Below List Price

7 Days on Market

Highlights

  • Deck
  • Bonus Room
  • Covered Patio or Porch
  • Main Floor Primary Bedroom
  • Home Office
  • Laundry Room

About This Home

As of May 2025

**Count the Rooms!** Basement room has no window but does have a closet. You are going to love this Condo located very close to Carson Newman College. This is the perfect home for a Carson Newman Student or someone wanting to have a great student rental or a convenient home in Jefferson City. You can rent the basement and extra bedroom to other students and make it a cashflow property! This home has a bedroom on each level and has a bonus room in the basement with a closet and extra living area. Schedule your showing today! HOA takes care of exterior. This property is set to have a new deck installed in 2025-2026.

Last Agent to Sell the Property

Dustin Weaver

Keller Williams Realty License #333489 Listed on: 04/25/2025

Keller Williams Realty

Last Buyer's Agent

Tona Musgrave

ReMax First License #333751

ReMax First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,063

Year Built

  • Built in 1992

Lot Details

  • Level Lot

HOA Fees

  • $138 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,115 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Combination Dining and Living Room
  • Home Office
  • Bonus Room
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Basement

  • Recreation or Family Area in Basement
  • Crawl Space

Parking

  • Parking Available
  • Assigned Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Jefferson Elementary And Middle School
  • Jefferson County High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Walnut Place Phase I Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 014M G 026.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,063

Year Built

Built in 1992

Lot Details

0

HOA Fees

$138 per month

Listing Details

  • Directions: Jefferson City Tennessee Head north on Russell Ave toward N College St 0.2 mi Turn right onto E Old Andrew Johnson Hwy  0.3 mi Turn left onto Walnut Ave Destination will be on the right  131 ft 1940 Walnut Ave Jefferson City, TN 37760
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1992
  • Subdivision Name: Walnut Place Phase I
  • Architectural Style: Other
  • Property Attached Yn: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 687.0
  • General Property Description:SqFt - Down Lvl: 714.0
  • General Property Description:SqFt - 2nd Flr Lvl: 714.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Dining Area:Living RmDining Rm: Yes
  • AtchdDtchd Type:Attached: Yes
  • Location Tax Legal Info:Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement YN: Yes
  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Flooring: Carpet, Vinyl
  • Window Features: Windows - Insulated
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Fireplace:None15: Yes
  • Other Rooms:Basement Rec Room: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Other Rooms:Office: Yes

Exterior Features

  • Lot Features: Level
  • Construction Type: Other, Vinyl Siding
  • Patio And Porch Features: Porch - Covered, Deck
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Insulated: Yes
  • Construction:Other7: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Designated Parking, Main Level
  • GarageParking:Designated Parking: Yes
  • GarageParking:Main Level: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Security: Smoke Detector
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Electric
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 138.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Jefferson
  • High School: Jefferson County
  • Middle Or Junior School: Jefferson

Lot Info

  • Parcel #: 014M G 026.00

Tax Info

  • Tax Annual Amount: 1062.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2025
Closed on
May 29, 2025
Sold by
Clark Myra C and Santana Curtis
Bought by
Heuer Cliff and Heuer Sherry
Seller's Agent
Dustin Weaver
Keller Williams Realty
Buyer's Agent
Tona Musgrave
ReMax First
List Price
$244,900
Sold Price
$225,000
Premium/Discount to List
-$19,900
-8.13%
Views
216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$157,500
Outstanding Balance
$157,232
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$71,918

Purchase Details

Listed on
Nov 11, 2022
Closed on
Dec 30, 2022
Sold by
Fletcher Allie Elizabeth
Bought by
Clark Myra C and Curtis Santana
Seller's Agent
Aubrey Jones
KES Realty, LLC
Buyer's Agent
Dustin Weaver
Keller Williams Realty - Knox Premier Prop
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%

Purchase Details

Listed on
Jan 12, 2021
Closed on
Apr 30, 2021
Sold by
Solid Ground Llc
Bought by
Fletcher Allie Elizabeth
Seller's Agent
Russ Quarles
Wilson & Quarles Realty
Buyer's Agent
Janet Norton
Greater Impact Realty Lakeway
List Price
$169,900
Sold Price
$159,000
Premium/Discount to List
-$10,900
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.73%
Original Mortgage
$151,050
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2017
Closed on
Jul 26, 2017
Sold by
Andrews Sara
Bought by
Solid Ground Llc
Seller's Agent
Russ Quarles
Wilson & Quarles Realty
Buyer's Agent
IAN CULLEN
Tennessee Valley Appraisal Services
List Price
$114,900
Sold Price
$103,000
Premium/Discount to List
-$11,900
-10.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.24%

Purchase Details

Closed on
Mar 21, 2013
Sold by
Doughty Mary Ashley
Bought by
Santarelli Sara C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 18, 2008
Sold by
Voiles Christopher W
Bought by
Doughty Mary Ashley

Purchase Details

Closed on
Nov 9, 2005
Sold by
Shadix Clay A
Bought by
Voiles Christopher W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,775
Interest Rate
5.84%

Purchase Details

Closed on
Jul 21, 2000
Sold by
Clay Shadix
Bought by
Clay Shadix

Purchase Details

Closed on
Aug 5, 1995
Bought by
Roy Shadix

Purchase Details

Closed on
Jun 11, 1992
Bought by
Washam James and Washam Shirlee

Purchase Details

Closed on
Dec 3, 1990
Bought by
Spjut Nora W
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 Type Sale Price Title Company
Warranty Deed $225,000 None Listed On Document
Warranty Deed $225,000 None Listed On Document
Warranty Deed $200,000 Admiral Title Inc
Warranty Deed $159,000 Jefferson Title Inc
Deed $103,000 None Available
Warranty Deed $92,000 --
Deed -- --
Deed $87,000 --
Deed $50,000 --
Deed $59,000 --
Warranty Deed $51,100 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $157,500 New Conventional
Closed $157,500 New Conventional
Previous Owner $151,050 New Conventional
Previous Owner $50,000 Commercial
Previous Owner $90,939 No Value Available
Previous Owner $88,775 No Value Available
Previous Owner $66,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Sold $225,000 -6.2% $106 / Sq Ft
05/02/2025 05/02/25 Pending -- -- --
04/25/2025 04/25/25 Price Changed $239,900 -2.0% $113 / Sq Ft
04/25/2025 04/25/25 For Sale $244,900 +22.5% $116 / Sq Ft
04/03/2023 04/03/23 Off Market $200,000 -- --
12/30/2022 12/30/22 Sold $200,000 +25.8% $95 / Sq Ft
04/30/2021 04/30/21 Sold $159,000 -6.4% $75 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $169,900 +65.0% $80 / Sq Ft
07/26/2017 07/26/17 Sold $103,000 -10.4% $55 / Sq Ft
06/25/2017 06/25/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $114,900 -- $62 / Sq Ft
Source: East Tennessee REALTORS® 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
2023 $899 $25,675 $0 $0
2022 $870 $25,675 $3,750 $21,925
2021 $870 $25,675 $3,750 $21,925
2020 $870 $25,675 $3,750 $21,925
2019 $870 $25,675 $3,750 $21,925
2018 $868 $24,450 $2,250 $22,200
2017 $868 $24,450 $2,250 $22,200
2016 $868 $24,450 $2,250 $22,200
2015 $856 $24,450 $2,250 $22,200
2014 $844 $24,450 $2,250 $22,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1298816

East Tennessee REALTORS® MLS

APN: 014M-G-026.00