Seller's Agent in 2022
Norma Elkins
Elite Realty Group
(423) 748-3791
161 Total Sales
2540 Lakemont Cir Morristown, TN 37814
Estimated Value: $353,000 - $406,000
3
Beds
2
Baths
2,130
Sq Ft
$176/Sq Ft
Est. Value
Highlights
- Lake Privileges
- Community Lake
- Ranch Style House
- Mountain View
- Deck
- Wood Flooring
About This Home
As of April 2022Beautiful 3 bedroom- 2 bath home in a Great Lake subdivision- with an additional room that could be used as a family area - home office or bedroom. 2 car garage - fenced in backyard and a large deck for lots of entertaining- subdivision has lake access - only a short distance to shopping - hospitals and restaurants.
Last Agent to Sell the Property
Elite Realty Group License #311601 Listed on: 01/28/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $836
Year Built
- Built in 1988
Lot Details
- 0.69 Acre Lot
- Lot Dimensions are 84x287x247x159
- Fenced
- Level Lot
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Ranch Style House
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
- HardiePlank Type
Interior Spaces
- Double Pane Windows
- Living Room
- Bonus Room
- Mountain Views
- Fire and Smoke Detector
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Laundry in Kitchen
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Outdoor Features
- Lake Privileges
- Deck
- Covered Patio or Porch
Schools
- Russellville Elementary School
- East Ridge Middle School
- East High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Natural Gas Not Available
- Electric Water Heater
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
- Lake Shore Est Subdivision
- Community Lake
Listing and Financial Details
- Assessor Parcel Number 021.00 000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 28, 2022
Closed on
Feb 25, 2022
Sold by
Moore Connie S
Bought by
Torres Erick J and Contreras Judy
Seller's Agent
Norma Elkins
Elite Realty Group
Buyer's Agent
IAN CULLEN
Tennessee Valley Appraisal Services
List Price
$279,900
Sold Price
$295,000
Premium/Discount to List
$15,100
5.39%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,770
Avg. Annual Appreciation
6.93%
Original Mortgage
$265,500
Outstanding Balance
$255,130
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$119,640
Purchase Details
Closed on
Nov 30, 2012
Sold by
Miller Jennifer Renee
Bought by
Moore Richard D and Moore Connie S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
3.44%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 12, 2011
Sold by
Secretary Of Housing And U
Bought by
Miller Jennifer Renee
Purchase Details
Closed on
Jun 1, 2011
Sold by
Greene Scott L
Bought by
Secretary Of Housing And Urban
Purchase Details
Closed on
May 23, 2006
Sold by
Wilkerson Carolyn B
Bought by
Greene Scott L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,356
Interest Rate
6.44%
Purchase Details
Closed on
Aug 27, 1989
Bought by
Wilkerson Carolyn B and Wilkerson Hensley F
Purchase Details
Closed on
Jul 20, 1989
Bought by
Middlesboro Federal Saving & Loan Assn
Purchase Details
Closed on
Oct 30, 1987
Bought by
Barbee Patricia A
Purchase Details
Closed on
Feb 14, 1983
Bought by
Jones Dean
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Torres Erick J | $295,000 | Foothills Title Services Inc | |
| Torres Erick J | $295,000 | Foothills Title Services Inc | |
| Moore Richard D | $126,000 | -- | |
| Miller Jennifer Renee | $80,055 | -- | |
| Secretary Of Housing And Urban | $155,549 | -- | |
| Greene Scott L | $139,450 | -- | |
| Wilkerson Carolyn B | $69,000 | -- | |
| Middlesboro Federal Saving & Loan Assn | $71,000 | -- | |
| Barbee Patricia A | $6,800 | -- | |
| Jones Dean | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Torres Erick J | $265,500 | |
| Closed | Torres Erick J | $265,500 | |
| Previous Owner | Jones Dean | $119,000 | |
| Previous Owner | Moore Richard D | $100,800 | |
| Previous Owner | Jones Dean | $138,356 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/05/2022 04/05/22 | Sold | $295,000 | +5.4% | $138 / Sq Ft |
| 03/06/2022 03/06/22 | Pending | -- | -- | -- |
| 01/28/2022 01/28/22 | For Sale | $279,900 | -- | $131 / Sq Ft |
Source: Lakeway Area Association of REALTORS®
Tax History Compared to Growth
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 | $836 | $42,425 | $7,925 | $34,500 |
| 2023 | $836 | $42,425 | $0 | $0 |
| 2022 | $836 | $42,425 | $7,925 | $34,500 |
| 2021 | $836 | $42,425 | $7,925 | $34,500 |
| 2020 | $836 | $42,425 | $7,925 | $34,500 |
| 2019 | $818 | $38,400 | $9,850 | $28,550 |
| 2018 | $818 | $38,400 | $9,850 | $28,550 |
| 2017 | $818 | $38,400 | $9,850 | $28,550 |
| 2016 | $764 | $38,400 | $9,850 | $28,550 |
| 2015 | $710 | $38,400 | $9,850 | $28,550 |
| 2014 | -- | $38,400 | $9,850 | $28,550 |
| 2013 | -- | $42,175 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Norma Elkins
-
IAN CULLEN
I
Buyer's Agent in 2022
IAN CULLEN
Tennessee Valley Appraisal Services
(423) 746-0027
2,889 Total Sales
-
N
Buyer's Agent in 2022
Non Member
Non Member - Sales
Map
Source: Lakeway Area Association of REALTORS®
MLS Number: 605471
APN: 011I-D-021.00
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