NOT LISTED FOR SALE

2042 New Cut Rd Morristown, TN 37814

Estimated Value: $164,000 - $202,000

2 Beds
2 Baths
960 Sq Ft
$195/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $128,400 $134 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,038/month

46 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Living Room
  • No HOA
  • Shutters
  • Laundry Room

About This Home

As of April 2021

This is a 2 bedroom 2 bath house that is approximately 960 sq. ft. with an unfinished basement. It has been recently renovated. The exterior has new vinyl siding and gutters. The inside has all new flooring through out the entire house as well as a new kitchen with granite countertops and stainless steel appliances. The bathrooms have been redone with a marble tile and new tub/showers. Most of the lights have been upgraded to LED's. The central heating and air is all new including the ducting. There is also a new hot water heater and breaker box panel. It has a nice covered deck going off the back into a big backyard.

Last Agent to Sell the Property

ELIJAH HOPSON

Elite Realty Group License #351571 Listed on: 03/15/2021

Last Buyer's Agent

IAN CULLEN

Tennessee Valley Appraisal Services License #1778

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $584

Year Built

  • Built in 1969

Lot Details

  • 0.38 Acre Lot
  • Lot Has A Rolling Slope

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Metal Fireplace
  • Shutters
  • Living Room
  • Laminate Flooring

Kitchen

  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Basement

  • Block Basement Construction
  • Laundry in Basement

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 003.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$584

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 1969
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Lot Size: 112/159/96/160
  • Subdivision Name: n/a
  • Directions: Starting on Buffalo Trail going Northeast, turn right onto north Liberty Hill Rd, then in approximately 900 feet, turn left onto New Cut Rd and it is the fourth house on the right
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 583.82
  • Location Tax and Legal:Tax Year2: 2019
  • Location Tax and Legal:Parcel Number2: 003.00
  • General Property Information:Lot Size Acres: 0.38
  • General Property Information:Lot Size Dimensions: 112/159/96/160
  • General Property Information:Waterfront YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information:Living Area2: 960.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Additional Dwelling:Additional Dwelling YN: No
  • Appliances Refrigerators: Yes
  • Cooling:Heat Pump: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Room Types:Basement3: Yes
  • Room Types:Living Room2: Yes
  • General Property Information:Basement YN: Yes
  • Levels:Two: Yes
  • Cooling:Central Air: Yes
  • Flooring:Laminate: Yes
  • Utilities:Natural Gas Not Available: Yes
  • Utilities:Unknown Internet: Yes
  • Appliances Microwave: Yes
  • Other Structures:Shed(s): Yes
  • Laundry Features:In Basement: Yes
  • Room Types:Laundry: Yes
  • Roof:Metal: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Freezer, Microwave, Refrigerator
  • Basement: Block
  • Levels: Two
  • Interior Amenities: Ceiling Fan(s)
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Metal
  • Fireplace: No
  • Living Area: 960.0
  • Window Features: Shutters, Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Basement:Block: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Lot Features: City Lot, Rolling Slope, Other
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Block, Vinyl Siding
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Deck
  • Lot Features:City Lot: Yes
  • Construction Materials:Block2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Covered2: Yes
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Other21: Yes
  • Window Features:Vinyl Frames: Yes
  • Window Features:Shutters: Yes

Garage/Parking

  • Garage Yn: No
  • Attached Garage: No
  • Parking Features: Gravel
  • General Property Information:Garage YN: No
  • General Property Information:Carport YN: No
  • Parking Features:Gravel: Yes

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Basement, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Not Available, Unknown Internet
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Amenities: Laundry
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Horse Amenities:None10: Yes

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 16552.8
  • Parcel #: 003.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 583.82
  • Tax Map Number: 025J
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
Apr 30, 2021
Sold by
Hopson Jane S
Bought by
Owens Noah Daniel
Seller's Agent
ELIJAH HOPSON
Elite Realty Group
Buyer's Agent
IAN CULLEN
Tennessee Valley Appraisal Services
List Price
$124,900
Sold Price
$128,400
Premium/Discount to List
$3,500
2.8%
Current Estimated Value
$187,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,678
Avg. Annual Appreciation
8.99%
Original Mortgage
$126,074
Outstanding Balance
$115,055
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$71,802

Purchase Details

Closed on
Jul 23, 2020
Sold by
Wolfe Elena Mccoy
Bought by
Hopson Jane S

Purchase Details

Closed on
Mar 2, 1990
Bought by
Cornwell Ronald D

Purchase Details

Closed on
Jul 21, 1982
Bought by
Bond Rickie R and Bond Tina

Purchase Details

Closed on
Dec 11, 1974
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
Owens Noah Daniel $128,400 Lakeway Title Services
Owens Noah Daniel $128,400 Lakeway Title Services
Hopson Jane S $20,000 Foothills Title Services Inc
Cornwell Ronald D $27,000 --
Bond Rickie R $18,500 --
-- $12,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owens Noah Daniel $126,074
Closed Owens Noah Daniel $126,074
Previous Owner Cornwell Ronald D $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $128,400 +2.8% $134 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $124,900 -- $130 / 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 $326 $18,500 $4,500 $14,000
2023 $326 $18,500 $0 $0
2022 $585 $18,500 $4,500 $14,000
2021 $585 $18,500 $4,500 $14,000
2020 $584 $18,500 $4,500 $14,000
2019 $532 $15,650 $3,875 $11,775
2018 $493 $15,650 $3,875 $11,775
2017 $485 $15,650 $3,875 $11,775
2016 $463 $15,650 $3,875 $11,775
2015 $431 $15,650 $3,875 $11,775
2014 -- $15,650 $3,875 $11,775
2013 -- $18,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 600852

Lakeway Area Association of REALTORS®

APN: 025J-E-003.00