NOT LISTED FOR SALE

2076 Inman Bend Rd Morristown, TN 37814

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

-- Bed
3 Baths
2,192 Sq Ft
$141/Sq Ft Est. Value

Last Sold December 18, 2017

Last sale price $139,900 $64 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $1,713/month

72 Days on Market

Highlights

  • Covered Patio or Porch
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of December 2017

Great investment opportunity with long term tenants. 2 bedroom, 1 bath rents for $575 per month; 3 bedroom, 2 bath rents for $640 per month and this tenant mows grass.

Last Agent to Sell the Property

Rhonda Krenzer

RE/MAX Real Estate Ten East Listed on: 08/16/2017

Last Buyer's Agent

Corrina Ashe

Tellico Mountain Realty, LLC License #282253

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,174

Year Built

  • Built in 2002

Lot Details

  • 0.52

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Basement
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Schools

  • Manley Elementary School
  • Westview Middle School
  • West High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • 1 Separate Electric Meter

Listing and Financial Details

  • Assessor Parcel Number 1.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,174

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 2002
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 97.09/irr/97.09/230.52
  • Subdivision Name: Other
  • Directions: 11E West, right on Kidwell Ridge Road, right on Inman Bend, property on corner of Inman Bend and Orchard Grove.
  • Location Tax and Legal:Tax Annual Amount: 1174.1
  • Location Tax and Legal:Parcel Number2: 1.00
  • General Property Information:Lot Size Dimensions: 97.09/irr/97.09/230.52
  • Water Source:Public: Yes
  • Location Tax and Legal:Middle or Junior School: Westview
  • Location Tax and Legal:Elementary School: Manley
  • Location Tax and Legal:High School: West
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Appliances Refrigerators: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Roof:Shingle: Yes
  • General Property Information:Basement YN: Yes
  • Gross Scheduled Income: 14580.0
  • Income And Expenses New Taxes Expense: 1098.0
  • Cooling:Central Air: Yes
  • Cooling:Electric: Yes
  • Foundation Details:Slab: Yes
  • Laundry Features:Main Level: Yes
  • Meter Information:Number Of Separate Electric Meters: 1
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Basement: Crawl Space
  • Interior Amenities: Ceiling Fan(s)
  • Private Spa: No
  • Basement YN: Yes
  • Fireplace: No
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Roof: Shingle
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio, Porch
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Parking Features: Concrete, Garage Door Opener
  • Parking Features:Concrete4: Yes
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Carport YN: No
  • Unit 1:Garage YN3: No
  • Unit 2:Garage YN4: Yes
  • Unit 3:Garage YN5: Yes
  • Unit 4:Garage YN6: No

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Sewer Septic Tank: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Amenities: Cable TV
  • Association: Yes

Association/Amenities

  • Association Amenities:Cable TV: Yes

Schools

  • Elementary School: Manley
  • High School: West
  • Middle Or Junior School: Westview

Lot Info

  • Parcel #: 1.00

Tax Info

  • New Taxes Expense: 1098.0
  • Tax Annual Amount: 1174.1
  • Tax Map Number: 32O

Multi Family

  • Number Of Separate Electric Meters: 1

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 16, 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
RE/MAX Real Estate Ten East
Buyer's Agent
Corrina Ashe
Tellico Mountain Realty, LLC
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
10.71%
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% $64 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $144,900 -- $66 / 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 $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

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 574627

Lakeway Area Association of REALTORS®

APN: 032O-C-001.00