203 Lincoln Ave Morristown, TN 37813
Estimated payment $4,415/month
Highlights
- 31 Acre Lot
- No HOA
- Lot Has A Rolling Slope
About This Lot
Calling all astute investors! Here's an exceptional proposition that not only promises substantial returns but also qualifies as an investment in an Opportunity Zone. It is the last, substantially large, Opportunity Zone in Morristown. This incredible 31-acre land listing, situated in the heart of the city, presents a gateway to unparalleled financial advantages. There are endless possibilities when it comes to development of this property. It is zoned R2 and could possibly be re-zoned light commercial. Make a move while you still can!
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,084
Lot Details
- 31 Acre Lot
- Property fronts an easement
- Lot Has A Rolling Slope
- Property is zoned R2 - Household
Location
- City Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 042.00
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,153 | $179,160 | $179,160 | -- |
| 2023 | $3,153 | $179,160 | $0 | $0 |
| 2022 | $2,084 | $65,960 | $65,960 | $0 |
| 2021 | $2,084 | $65,960 | $65,960 | $0 |
| 2020 | $2,082 | $65,960 | $65,960 | $0 |
| 2019 | $2,086 | $61,360 | $61,360 | $0 |
| 2018 | $1,933 | $61,360 | $61,360 | $0 |
| 2017 | $1,902 | $61,360 | $61,360 | $0 |
| 2016 | $1,816 | $61,360 | $61,360 | $0 |
| 2015 | $1,690 | $61,360 | $61,360 | $0 |
| 2014 | -- | $61,360 | $61,360 | $0 |
| 2013 | -- | $62,000 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2024 07/19/24 | Price Changed | $779,900 | -1.3% | -- |
| 06/24/2024 06/24/24 | Price Changed | $789,900 | -1.3% | -- |
| 02/14/2024 02/14/24 | For Sale | $799,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $500,000 | None Listed On Document | |
| Limited Warranty Deed | $45,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $278,900 | -- | |
| Deed | -- | -- | |
| Deed | $200,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Warranty Deed | $250,000 | -- | |
| Deed | -- | -- | |
| Warranty Deed | $175,000 | -- | |
| Warranty Deed | $160,000 | -- | |
| Warranty Deed | $50,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $375,000 | Construction | |
| Closed | $132,009 | No Value Available |
Source: Lakeway Area Association of REALTORS®
MLS Number: 702627
APN: 042H-D-042.00
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