NOT LISTED FOR SALE

2076 Inman Bend Rd Unit 2 Morristown, TN 37814

Estimated Value: $269,725 - $379,000

-- Bed
3 Baths
-- Sq Ft
0.52 Acres

Last Sold December 18, 2017

Last sale price $139,900

Est. 121% increase in value since last sale

Current estimated payment $1,713/month

79 Days on Market

Highlights

  • Covered Patio or Porch
  • Central Heating and Cooling System
  • Carpet
  • 2 Car Attached Garage
  • Level Lot
  • 1-Story Property

About This Home

As of December 2017

Great investment opportunity with two long-term tenants. 2BR 1BA side with garage rents for $575 and 3BR 2BA side with garage rents for $640 - this tenant takes care of all the lawncare. Rents are significantly under market for the area.

Last Agent to Sell the Property

RHONDA KRENZER

REMAX Real Estate Ten of Morristown Listed on: 08/30/2017

Last Buyer's Agent

RHONDA KRENZER

REMAX Real Estate Ten of Morristown Listed on: 08/30/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $777

Year Built

  • Built in 2002

Lot Details

  • Level Lot
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • Parking Pad

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Insulated Windows
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Covered Patio or Porch

Schools

  • Manley Elementary School
  • West View Middle School
  • Morristown West High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • Operating Expense $2,269
  • Gross Income $14,580

Listing and Financial Details

  • Assessor Parcel Number 1.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$777

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Directions: 11E west, right on Kidwell Ridge Road, right on Inman Bend Road, property on the corner of Inman Bend and Orchard Grove.
  • Prop. Type: Residential Income
  • Year Built: 2002
  • Garage Garage Spaces: 2
  • Property Sub Type: Duplex
  • Unit Levels: One
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 1.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Manley
  • General Property Description Middle School2: West View
  • General Property Description High School3: Morristown West
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 97.09xIRRx97.09x230.52
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Stories2: 1
  • Roof Composition: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Utilities Cable Available: Yes
  • Flooring Vinyl: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • General Property Description # Buildings: 1
  • Levels One: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Has Basement: Crawl Space
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Laminate Counters, Smoke Detector(s)
  • Window Features: Insulated Windows
  • InteriorFeatures:Smoke Detector(s): Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Composition
  • Lot Features: Level
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered, Patio, Porch
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Porch: Yes
  • PorchPatioDeck Patio: Yes

Garage/Parking

  • Parking Features: Attached, Concrete, Parking Pad
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Concrete2: Yes
  • Parking Features:Parking Pad: Yes

Utilities

  • Heating: Electric, Central
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes

Schools

  • Elementary School: Manley
  • High School: Morristown West
  • Middle Or Junior School: West View

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 97.09xIRRx97.09x230.52
  • Parcel #: 1.00

Multi Family

  • Annual Gross Income: 14580.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2020
Sold by
Westwood Matthew R
Bought by
Westwood Matthew R and Pilch Westwood Nancy
Current Estimated Value
$309,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Outstanding Balance
$117,093
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$192,588

Purchase Details

Listed on
Aug 30, 2017
Closed on
Dec 18, 2017
Sold by
Calfee Anthony C and Calfee Sandra C
Bought by
Westwood Mattew R
Seller's Agent
RHONDA KRENZER
REMAX Real Estate Ten of Morristown
Buyer's Agent
RHONDA KRENZER
REMAX Real Estate Ten of Morristown
List Price
$144,900
Sold Price
$139,900
Premium/Discount to List
-$5,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%
Original Mortgage
$118,915
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2005
Sold by
Self Darrell E
Bought by
Calfee Anthony C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.69%

Purchase Details

Closed on
Dec 15, 2003
Bought by
Self Darrell E

Purchase Details

Closed on
Jul 18, 2002
Sold by
Lampkins Chirs L
Bought by
Cutshaw Scott D

Purchase Details

Closed on
Jan 29, 1999
Bought by
Wadlington William B H

Purchase Details

Closed on
Jun 6, 1995
Sold by
Miller and Deborah
Bought by
Chris Myers

Purchase Details

Closed on
Apr 11, 1970

Purchase Details

Closed on
May 12, 1961
Bought by
Dyer Clarence and Dyer Syble
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
Westwood Matthew R -- Colonial Title Group Inc
Westwood Mattew R $139,900 Colonial Title Group Inc
Calfee Anthony C $98,000 --
Self Darrell E $89,200 --
Cutshaw Scott D $91,108 --
Wadlington William B H $29,200 --
Chris Myers $35,000 --
-- -- --
Dyer Clarence -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westwood Matthew R $132,000
Closed Westwood Mattew R $118,915
Previous Owner Dyer Clarence $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2017 12/18/17 Sold $139,900 -3.5% --
11/18/2017 11/18/17 Pending -- -- --
08/30/2017 08/30/17 For Sale $144,900 -- --
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 $777 $39,425 $5,350 $34,075
2023 $777 $39,425 $0 $0
2022 $777 $39,425 $5,350 $34,075
2021 $777 $39,425 $5,350 $34,075
2020 $777 $39,425 $5,350 $34,075
2019 $785 $36,875 $5,225 $31,650
2018 $785 $36,875 $5,225 $31,650
2017 $1,257 $59,000 $8,360 $50,640
2016 $1,174 $59,000 $8,360 $50,640
2015 $1,092 $59,000 $8,360 $50,640
2014 -- $59,000 $8,360 $50,640
2013 -- $69,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    RHONDA KRENZER

    RE/MAX

See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 396483

Tennessee/Virginia Regional MLS

APN: 032O-C-001.00

Tennessee Hamblen County Morristown 37814

2076 Inman Bend Rd Unit 2, Morristown, TN

This home is located at 2076 Inman Bend Rd Unit 2, Morristown, TN 37814 since 30 August 2017 and is currently estimated at $309,681. This property was built in 2002. 2076 Inman Bend Rd Unit 2 is a home located in Hamblen County with nearby schools including Manley Elementary School, West View Middle School, and Morristown West High School.

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