NOT LISTED FOR SALE

2174 Edgewater Sound Morristown, TN 37814

Estimated Value: $122,000 - $276,000

1.17 Acres
$178,348 Price per Acre
50,965 Sq Ft Lot

Last Sold April 22, 2019

Last sale price $110,000

Est. 90% increase in value since last sale

Current estimated payment $1,223/month

Highlights

  • Lake Front
  • Wooded Lot
  • Lot Has A Rolling Slope
  • Mountain View

About This Lot

As of April 2019

Million $ Views, 1.17 Acre Lakefront Lot on Main Channel Cherokee Lake; Located in Prestige Private Gated WINDSWEPT Community; most convenient lakefront community with Public Water and Sewer; Amenities include: Manor House built in 1940s is for all owners to enjoy, sitting 400 feet above the lake offering outstanding views, 10,000SF includes 6 bedroom suites, full kitchen, multiple dining areas, lower game room with pool table and bar. Relax by the salt water pool, basketball court. Owners are entitled to 5 nights per year at the Manor House with access to the amenities. Buy now, build later but start enjoying the WindSwept lifestyle immediately. There is a private Community boat ramp and marina. Cherokee Lake is surrounded by the Cumberland Mountains of Eastern Tennessee and the Great Smoky Mountains. It is these outstanding views that make this private, gated community so special. Plus, small town charm, city attractions and award-winning healthcare just 3 miles away in historic Morristown; no state income tax, low property taxes and a mild 4-season climate. Come to WindSwept; affordable waterfront paradise in the mountains! Cable Available HOA $75/month

Last Agent to Sell the Property

Terrie Ball

Jackson Real Estate & Auction Listed on: 02/05/2019

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $715

Lot Details

  • 1.17 Acre Lot
  • Lot Dimensions are 95x300 76x215x356.73
  • Lake Front
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $75 Monthly HOA Fees

Property Views

  • Mountain Views
  • Countryside Views

Listing and Financial Details

  • Assessor Parcel Number 016l A 024.00

Community Details

Overview

  • Windswept Phase I Subdivision

Recreation

  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$715

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Directions: From Knoxville, I-40 East to I-81 North, Exit 8 (Morristown), turn Right onto 25E North, to exit 2A (Morris Blvd), turn Left onto Morris Blvd to end (approx 4 miles), cross over West Andrew Johnson Hwy (11E) onto Walters Dr. to end, turn Left onto Cherokee Dr, Right on Noes Chapel, stay Left @ Church onto Boatmans Ridge, Right on Sprouts Springs, 1.3 Miles to Left into WindSwept Gate.
  • Prop. Type: Lots & Acreage
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 1.17
  • Lot Size: 95X300 76X215X356.73
  • Subdivision Name: Windswept Phase I
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Country Setting, Mountain View
  • Lot Features: Lake Access, Lakefront, Rolling, Wooded
  • Topography: {"Partially Cleared":true}

Condo/Co-op/Association

  • Association Fee: 75.0
  • Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 50965.0
  • Parcel #: 016l A 024.00
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 714.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2019
Closed on
Apr 11, 2019
Sold by
Forsey James Zachary and Forsey Jamie Taylor
Bought by
Dobson Darryl and Dobson Melinda
Seller's Agent
Terrie Ball
Jackson Real Estate & Auction
Buyer's Agent
Non Member Non Member
Non-Member Office
Sold Price
$110,000
Current Estimated Value
$208,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,667
Avg. Annual Appreciation
10.37%

Purchase Details

Closed on
Mar 10, 2010
Sold by
Branch Banking
Bought by
Forsey James Craig

Purchase Details

Closed on
Jul 27, 2009
Sold by
Graham Mary Beth
Bought by
Branch Banking

Purchase Details

Closed on
Jul 27, 2005
Sold by
Lake Developers Ii Llc
Bought by
Graham Mary Beth

Purchase Details

Closed on
Apr 15, 2005
Bought by
Lake Developers Ii Llc

Purchase Details

Closed on
Feb 18, 1988
Bought by
Bunch Don

Purchase Details

Closed on
Feb 17, 1988
Bought by
Bunch Don
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
Dobson Darryl $110,000 Lakeway Title Services
Forsey James Craig $99,900 --
Branch Banking $184,000 --
Graham Mary Beth $269,900 --
Lake Developers Ii Llc $5,000,000 --
Bunch Don $180,000 --
Bunch Don $600,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2019 04/22/19 Sold $110,000 0.0% -- View Prior Sale
04/22/2019 04/22/19 Sold $110,000 -15.3% --
02/28/2019 02/28/19 Pending -- -- --
02/07/2018 02/07/18 For Sale $129,900 -- --
Source: East Tennessee REALTORS® 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 $503 $28,600 $28,600 --
2023 $503 $28,600 $0 $0
2022 $903 $28,600 $28,600 $0
2021 $903 $28,600 $28,600 $0
2020 $503 $28,600 $28,600 $0
2019 $1,944 $57,175 $57,175 $0
2018 $1,801 $57,175 $57,175 $0
2017 $1,772 $57,175 $57,175 $0
2016 $1,692 $57,175 $57,175 $0
2015 $1,575 $57,175 $57,175 $0
2014 -- $57,175 $57,175 $0
2013 -- $57,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1068834

East Tennessee REALTORS® MLS

APN: 016L-A-024.00