NOT LISTED FOR SALE

2630 Stonebrook Ln Morristown, TN 37814

Estimated Value: $292,000 - $335,901

-- Bed
4 Baths
2,240 Sq Ft
$141/Sq Ft Est. Value

Last Sold February 05, 2020

Last sale price $147,000 $66 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,767/month

64 Days on Market

Highlights

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

About This Home

As of February 2020

Brick and vinyl duplex with both sides rented offered for sale. Built in 2006, these units are well maintained. Each side has 3 levels: basement/garage, main level features living room, dining room, laundry closet, kitchen, and half bath; upstairs is 2 bedrooms and a full bathroom. Each side has a deck on back side of unit. Tenants responsible for their own lawn care. Also included in sale is Lot 26 which lies to the left of the duplex. Live in one side and rent out the other to pay the mortgage! Great income generating property; currently taking in $1300/mo.

Last Agent to Sell the Property

Amy Shrader

RE/MAX Real Estate Ten Midtown License #324868 Listed on: 11/19/2019

RE/MAX Real Estate Ten Midtown

Last Buyer's Agent

Amy Shrader

RE/MAX Real Estate Ten Midtown License #324868 Listed on: 11/19/2019

RE/MAX Real Estate Ten Midtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,352

Year Built

  • Built in 2006

Lot Details

  • 0.97 Acre Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher

Laundry

  • Laundry in Kitchen
  • Washer and Electric Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 027.00
  • Tax Block 2

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Northbrook Subdivision

Building Details

  • Insurance Expense $1,650
  • Net Operating Income $12,098

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,352

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 2006
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.97
  • Lot Size: IRR/IRR/229/149
  • Subdivision Name: Northbrook
  • Directions: Turn onto Cherokee Drive. Right on Noes Chapel. Turn right to stay on Noes Chapel. Left on Northbrook. Right onto Stonebrook. Duplex at end of cul-de-sac
  • Location Tax and Legal:Tax Annual Amount: 1351.92
  • Location Tax and Legal:Parcel Number2: 027.00
  • Location Tax and Legal:Tax Block: 2
  • General Property Information:Lot Size Acres: 0.97
  • General Property Information:Lot Size Dimensions: IRR/IRR/229/149
  • Water Source:Public: Yes
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Appliances Refrigerators: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Roof:Shingle: Yes
  • General Property Information:Basement YN: Yes
  • Security Features:Smoke Detector(s): Yes
  • Gross Scheduled Income: 15600.0
  • Income And Expenses Maintenance Expense: 500.0
  • Cooling:Central Air: Yes
  • Cooling:Electric: Yes
  • Laundry Features:Laundry Closet: Yes
  • General Property Information:Number Of Units Total2: 2.0
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Basement: Block, Full, Unfinished
  • 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:Block: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Water Heater: Yes
  • Laundry Features:In Kitchen: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck, Porch
  • Construction Materials:Brick: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, In Kitchen, Laundry Closet, 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

Lot Info

  • Lot Size Sq Ft: 42253.2
  • Parcel #: 027.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Income And Expenses Net Operating Income: 12098.0

Tax Info

  • Tax Annual Amount: 1351.92
  • Tax Block: 2
  • Tax Map Number: 024F

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2019
Closed on
Feb 5, 2020
Sold by
Lichliter Terry and Lichliter Deborah
Bought by
Shah Mayur and Shah Chetna
Seller's Agent
Amy Shrader
RE/MAX Real Estate Ten Midtown
Buyer's Agent
Amy Shrader
RE/MAX Real Estate Ten Midtown
List Price
$159,900
Sold Price
$147,000
Premium/Discount to List
-$12,900
-8.07%
Current Estimated Value
$315,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,300
Avg. Annual Appreciation
14.27%

Purchase Details

Closed on
Mar 3, 2006
Bought by
Lichliter Terry and Lichliter Deborah

Purchase Details

Closed on
Mar 4, 2005
Bought by
Lakins William

Purchase Details

Closed on
Jun 23, 1995
Bought by
Donnie Anderson

Purchase Details

Closed on
Aug 5, 1978
Bought by
Cannon James C and Cannon Patricia J
Source: Public Records

Range of Values:

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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
Shah Mayur $147,000 Lakeway Title Services
Lichliter Terry $129,900 --
Lakins William $13,700 --
Donnie Anderson $3,250 --
Christopher Kilinski $3,250 --
Cannon James C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2020 02/05/20 Sold $147,000 -8.1% $66 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
11/19/2019 11/19/19 For Sale $159,900 -- $71 / 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 $1,366 $69,360 $6,400 $62,960
2023 $1,366 $69,360 $0 $0
2022 $1,366 $69,360 $6,400 $62,960
2021 $1,366 $69,360 $6,400 $62,960
2020 $1,366 $69,360 $6,400 $62,960
2019 $1,310 $61,520 $5,760 $55,760
2018 $1,310 $61,520 $5,760 $55,760
2017 $1,310 $61,520 $5,760 $55,760
2016 $1,224 $61,520 $5,760 $55,760
2015 $1,138 $61,520 $5,760 $55,760
2014 -- $61,520 $5,760 $55,760
2013 -- $72,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 586517

Lakeway Area Association of REALTORS®

APN: 024F-A-027.00