NOT LISTED FOR SALE

2048 New Cut Rd Morristown, TN 37814

Estimated Value: $153,000 - $194,000

3 Beds
1 Bath
1,014 Sq Ft
$172/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $106,250 $105 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,012/month

2 Days on Market

Highlights

  • Raised Ranch Architecture
  • Central Heating and Cooling System
  • Ceiling Fan
  • Paneling

About This Home

As of February 2023

Multiple offers seller will decide Monday at 2PM. Check out this 3 bed 1 bath home with a brand new roof! With a little TLC this home would be great for a handy homeowner or an investor looking to add to their rental portfolio. This home boasts a large partially fenced in backyard with plenty of room for pets or hosting.

Last Agent to Sell the Property

MICHAEL PAYNE

eXp Realty, LLC License #347064 Listed on: 01/27/2023

eXp Realty, LLC

Last Buyer's Agent

Non Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $336

Year Built

  • Built in 1971

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 100 x 158
  • Sloped Lot
  • Property is in average condition

Home Design

  • Raised Ranch Architecture
  • Fixer Upper
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,014 Sq Ft Home
  • Paneling
  • Ceiling Fan
  • Unfinished Basement
  • Garage Access

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Fairview-Tn Elementary School
  • Meadowview Middle School
  • Morristown West High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Community Details

  • Not Listed Subdivision

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 025j E 004.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$336

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Directions: From Walmart. Take N liberty Hill Dr and turn left on New Cut Rd. The house will be on the right.
  • Prop. Type: Residential
  • Year Built: 1971
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Subdivision Name: Not Listed
  • Architectural Style: Raised Ranch
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.36
  • General Property Description Zoning2: R
  • General Property Description Elementary School3: Fairview-Tn
  • General Property Description Middle School2: Meadowview
  • General Property Description High School3: Morristown West
  • Water Public: Yes
  • General Property Description Lot Dimensions: 100 x 158
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1014.0
  • General Property Description Above Grade SqFt: 1014.0
  • AC Central Air: Yes
  • General Property Description Parcel ID2: 025j E 004.00
  • AC Heat Pump3: Yes
  • AC Ceiling Fan(s): Yes
  • TopographyLot Description Sloped: Yes
  • Roof Metal3: Yes
  • Property Condition Fixer: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • Basement Garage Door: Yes
  • Style Raised Ranch: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Has Basement: Garage Door, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 1
  • Basement:Unfinished: Yes

Exterior Features

  • Property Condition: Average, Fixer
  • Roof: Metal
  • Acres: 0.36
  • Topography: Sloped
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Finish Vinyl Siding: Yes

Utilities

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Schools

  • Elementary School: Fairview-Tn
  • High School: Morristown West
  • Middle Or Junior School: Meadowview

Lot Info

  • Zoning: R
  • Lot Dimensions: 100 x 158
  • Lot Size Sq Ft: 15681.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 025j E 004.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2025
Sold by
Rogers James L
Bought by
Salazar Carlos Alan Casanov and Maldonado Selene Karina
Current Estimated Value
$179,743

Purchase Details

Listed on
Jan 27, 2023
Closed on
Feb 10, 2023
Sold by
Hhi Ll Blocker Corporation
Bought by
Rogers James L
Seller's Agent
MICHAEL PAYNE
eXp Realty, LLC
Buyer's Agent
Non Member
Non Member
List Price
$105,000
Sold Price
$106,250
Premium/Discount to List
$1,250
1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.73%

Purchase Details

Closed on
Nov 22, 2022
Sold by
Pitt Joseph B
Bought by
Hogar Hispano Inc

Purchase Details

Closed on
Nov 12, 1971
Bought by
Lawson Carl C and Lawson Bessie
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
Salazar Carlos Alan Casanov $165,000 None Listed On Document
Rogers James L $135,000 7 Title
Hhi Ll Blocker Corporation $15,950 --
Hogar Hispano Inc $75,000 --
Lawson Carl C $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lawson Carl Claude $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $106,250 +1.2% $105 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $105,000 -- $104 / 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 $336 $19,075 $4,450 $14,625
2023 $336 $19,075 $0 $0
2022 $603 $19,075 $4,450 $14,625
2021 $603 $19,075 $4,450 $14,625
2020 $602 $19,075 $4,450 $14,625
2019 $566 $16,650 $3,875 $12,775
2018 $524 $16,650 $3,875 $12,775
2017 $493 $16,650 $3,875 $12,775
2016 $493 $16,650 $3,875 $12,775
2015 $459 $16,650 $3,875 $12,775
2014 -- $16,650 $3,875 $12,775
2013 -- $19,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9947651

Tennessee/Virginia Regional MLS

APN: 025J-E-004.00