NOT LISTED FOR SALE

2697 Kidwell Ridge Rd Morristown, TN 37814

Estimated Value: $352,000

17.1 Acres
$20,585 Price per Acre
744,876 Sq Ft Lot

Last Sold June 25, 2021

Last sale price $240,000

Est. 47% increase in value since last sale

Current estimated payment $1,883/month

91 Days on Market

Highlights

  • Lake Front
  • Wooded Lot
  • No HOA
  • Lake On Lot

About This Lot

As of June 2021

Welcome to this peaceful piece of Heaven on Cherokee Lake. Over 500' feet of Lake frontage with TVA dock approval in place, it is ready to use this summer! This beautiful tract also has over 17 acres and features a beautiful lake view from a partially cleared potential building site. The 12X40 building that sits on the lakefront potion is great for enjoying the views and the sunsets. The 16x16 Covered dock also comes with the property making it the perfect place to make memories this summer! Property is less than 5 miles from town and is zoned for Manley, West View, and West High schools and is less than an hour drive from Knoxville, Tri Cities, and Sevierville.

Last Agent to Sell the Property

Ashley Byrd

Crye-Leike Premier Real Estate LLC License #319715 Listed on: 03/26/2021

Crye-Leike Premier Real Estate LLC

Last Buyer's Agent

Audra Osborne

JACKSON REAL ESTATE AND AUCTION License #262764

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $340

Lot Details

  • 17.1 Acre Lot
  • Lake Front
  • Cleared Lot
  • Wooded Lot

Property Views

  • Lake
  • Mountain

Schools

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

Utilities

  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 031 002
  • Tax Block 1012/2

Community Details

Overview

  • No Home Owners Association
  • Ridgecrest Subdivision

Recreation

  • Cove
  • Lake On Lot
  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$340

Lot Details

0

Listing Details

  • Possible Use: Farm, Single Family
  • Fencing: None
  • Property Sub Type: Farm
  • Prop. Type: Land
  • Lot Size Acres: 17.1
  • Lot Size: 585/533/1459/1348
  • Water Body Name: Cherokee Lake
  • Subdivision Name: Ridgecrest
  • Directions: From US Highway 11E N turn Left onto Kidwell Ridge Road for 1.4 Miles. Turn Left to stay on Kidwell Ridge Road for 1.9 miles. Lakefront portion of Property is on the left and the remainder of the property is on the right.
  • Location Tax and Legal:Tax Annual Amount: 70.92
  • Location Tax and Legal:Tax Year2: 2020
  • Location Tax and Legal:Parcel Number2: 031 002
  • Location Tax and Legal:Tax Block: 1012/2
  • General Property Information:Lot Size Acres: 17.1
  • General Property Information:Lot Size Dimensions: 585/533/1459/1348
  • General Property Information:Waterfront YN: Yes
  • Utilities:Electricity Available: Yes
  • Location Tax and Legal:Elementary School: Manley
  • Location Tax and Legal:Middle Or Junior School2: Westview
  • Location Tax and Legal:High School: West
  • View:Mountain(s): Yes
  • Utilities:Unknown Internet: Yes
  • View:Lake3: Yes
  • Utilities:Water Available: Yes
  • Other Structures:Outbuilding: Yes
  • Sewer:Septic Needed: Yes
  • Frontage Type:Road Frontage: 700'
  • Lot Features Lake on Lot2: Yes
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Lake on Lot, Cleared, Wooded, Other
  • View: Lake, Mountain(s)
  • Waterfront Features: Lake Front, Cove
  • Waterfront: Yes
  • Disclosures: None
  • Other Structures: Outbuilding
  • Lot Features:Other21: Yes
  • Waterfront Features:Lake Front: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Cleared: Yes
  • Waterfront Features:Cove: 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

  • Current Use: Recreational
  • Lot Size Sq Ft: 744876.0
  • Parcel #: 031 002

Tax Info

  • Tax Annual Amount: 70.92
  • Tax Block: 1012/2
  • Tax Map Number: 031 002.04 000
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Jun 25, 2021
Sold by
Hopkins Timothy and Hopkins Lois Renee
Bought by
Davidson Douglas J and Davidson Debra
Seller's Agent
Ashley Byrd
Crye-Leike Premier Real Estate LLC
Buyer's Agent
Audra Osborne
JACKSON REAL ESTATE AND AUCTION
List Price
$269,000
Sold Price
$240,000
Premium/Discount to List
-$29,000
-10.78%
Current Estimated Value
$352,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,000
Avg. Annual Appreciation
9.07%
Original Mortgage
$300,000
Outstanding Balance
$272,203
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$79,797

Purchase Details

Closed on
Dec 30, 2014
Sold by
Lane Roy
Bought by
Hopkins Timothy and Hopkins Lois Renee

Purchase Details

Closed on
Dec 8, 2014
Sold by
Carlyle Tim
Bought by
Miller Russell

Purchase Details

Closed on
Nov 7, 2014
Sold by
Ridley Billly
Bought by
Dvorak Living Trust

Purchase Details

Closed on
Mar 31, 1970
Bought by
Ridley Charles L and Ridley E

Purchase Details

Closed on
Jan 1, 1952
Bought by
Bertie Ridley J and Bertie Mae

Purchase Details

Closed on
Dec 12, 1951
Bought by
Bertie Ridley J and Bertie Mae
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
Davidson Douglas J $240,000 Jefferson Title Inc
Davidson Douglas J $240,000 None Listed On Document
Davidson Douglas J $160,000 Jefferson Title Inc
Hopkins Timothy $63,500 --
Miller Russell $40,950 --
Emmart Casey W $60,000 --
Dvorak Living Trust $35,000 --
Miller Russell A $84,000 --
Miller Russell A $84,500 --
Miller Russell A $43,000 --
Carlyle Tim $305,550 --
Lane Roy $25,000 --
Lane Roy $14,000 --
Lane Roy $11,000 --
Cowan Wade $25,000 --
Ridley Charles L -- --
Bertie Ridley J -- --
Bertie Ridley J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davidson Douglas J $300,000
Closed Davidson Douglas J $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $240,000 -10.8% --
05/26/2021 05/26/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $269,000 -- --
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 $340 $17,250 $10,450 $6,800
2023 $340 $17,250 $0 $0
2022 $340 $17,250 $10,450 $6,800
2021 $398 $100,725 $93,925 $6,800
2020 $398 $20,225 $17,325 $2,900
2019 $368 $17,275 $14,475 $2,800
2018 $368 $17,275 $14,475 $2,800
2017 $335 $17,275 $14,475 $2,800
2016 $313 $15,725 $14,475 $1,250
2015 $291 $15,725 $14,475 $1,250
2014 -- $15,725 $14,475 $1,250
2013 -- $57,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 601017

Lakeway Area Association of REALTORS®

APN: 031-002.00