NOT LISTED FOR SALE

2346 Covington Dr Morristown, TN 37814

Estimated Value: $75,000 - $329,000

0.92 Acre
$219,565 Price per Acre
40,075 Sq Ft Lot

Last Sold December 01, 2021

Last sale price $10,000

Est. 1,920% increase in value since last sale

Current estimated payment $1,072/month

124 Days on Market

About This Lot

As of December 2021

Just a stone's throw from East TN's Beautiful Cherokee Lake in West Hamblen County you will find this Gem of a Building Lot!! Nearly 1 acre (.92), In a Peaceful and Serene setting, this Lot is cleared and ready for your Forever Home! The Adjoining .92 acre lot is also available - can be sold separately or together. 5 minutes to the new Merchant's Greene Development with Restaurants and Shopping, Situated in Manley School District and only a 3 minute drive to a public boat launch. Convenient to Gatlinburg and The Great Smoky Mts, Pigeon Forge and Knoxville.

Last Agent to Sell the Property

KIM CANTWELL

Crye-Leike Premier Real Estate LLC License #325617 Listed on: 07/30/2021

Crye-Leike Premier Real Estate LLC

Last Buyer's Agent

KIM CANTWELL

Crye-Leike Premier Real Estate LLC License #325617 Listed on: 07/30/2021

Crye-Leike Premier Real Estate LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $84

Lot Details

  • 0.92 Acre Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot

Schools

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

Utilities

  • Septic Needed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 005.00

Property Details

Property Type

Land

Est. Annual Taxes

$84

Lot Details

0

Listing Details

  • Possible Use: Single Family
  • Fencing: None
  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 0.92
  • Lot Size: 180/205/216/172
  • Subdivision Name: Other
  • Directions: .
  • Location Tax and Legal:Tax Annual Amount: 84.22
  • Location Tax and Legal:Tax Year2: 2020
  • Location Tax and Legal:Parcel Number2: 005.00
  • General Property Information:Lot Size Acres: 0.92
  • General Property Information:Lot Size Dimensions: 180/205/216/172
  • General Property Information:Waterfront YN: No
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Mobile Home Allowed:Mobile Home Allowed: No
  • Location Tax and Legal:Middle or Junior School: Westview
  • Location Tax and Legal:Elementary School: Manley
  • Location Tax and Legal:High School: West
  • Utilities:Unknown Internet: Yes
  • Utilities:Water Available: Yes
  • Sewer:Septic Needed: Yes
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Cleared, Corner Lot, Level
  • Waterfront: No
  • Disclosures: None, Other
  • Lot Features:Level: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Available, Water Available, Unknown Internet, Other

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 40075.2
  • Parcel #: 005.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 84.22
  • Tax Map Number: 022
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Dec 28, 2021
Sold by
Byrd Ronald L
Bought by
Caughorn Stacey
Seller's Agent
KIM CANTWELL
Crye-Leike Premier Real Estate LLC
Buyer's Agent
KIM CANTWELL
Crye-Leike Premier Real Estate LLC
List Price
$45,900
Sold Price
$10,000
Premium/Discount to List
-$35,900
-78.21%
Current Estimated Value
$202,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,000
Avg. Annual Appreciation
113.21%
Original Mortgage
$36,000
Outstanding Balance
$30,897
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$171,103

Purchase Details

Listed on
Jul 30, 2021
Closed on
Nov 18, 2021
Sold by
Polly Troy Leonard and Polly Christine E
Bought by
Byrd Ronald L
Seller's Agent
KIM CANTWELL
Crye-Leike Premier Real Estate LLC
Buyer's Agent
KIM CANTWELL
Crye-Leike Premier Real Estate LLC
List Price
$45,900
Sold Price
$10,000
Premium/Discount to List
-$35,900
-78.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Outstanding Balance
$30,897
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$171,103

Purchase Details

Closed on
Nov 28, 1989
Bought by
Collins Leonard and Collins Ruby

Purchase Details

Closed on
Feb 21, 1968
Bought by
Page James and Page Ina
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Caughorn Stacey $45,000 Colonial Title Group Inc
Byrd Ronald L $20,000 Colonial Title Group Inc
Collins Leonard $6,500 --
Page James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caughorn Stacey $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2021 12/01/21 Sold $10,000 -78.2% --
11/01/2021 11/01/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $45,900 -- --
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 $84 $4,275 $4,275 --
2023 $84 $4,275 $0 $0
2022 $84 $4,275 $4,275 $0
2021 $84 $4,275 $4,275 $0
2020 $84 $4,275 $4,275 $0
2019 $91 $4,275 $4,275 $0
2018 $91 $4,275 $4,275 $0
2017 $91 $4,275 $4,275 $0
2016 $85 $4,275 $4,275 $0
2015 $79 $4,275 $4,275 $0
2014 -- $4,275 $4,275 $0
2013 -- $4,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 603187

Lakeway Area Association of REALTORS®

APN: 022-005.00