NOT LISTED FOR SALE

3011 Lee Ridge Rd Morristown, TN 37814

Estimated Value: $111,351 - $346,000

0.71 Acre
$253,293 Price per Acre
30,928 Sq Ft Lot

Last Sold March 21, 2024

Last sale price $103,500

Est. 74% increase in value since last sale

Current estimated payment $1,005/month

About This Lot

As of March 2024

Owner will consider financing the property with acceptable terms and at a lower rate than the banks. There's no better place to watch Beautiful East TN Sunsets than from your own
backyard, and the BEST of Cherokee Lake is just waiting for you on this cleared Lakefront Lot in Paradise Ridge Subdivision. Subdivision is Situated between Cherokee Lake and TVA
Land, has underground utilities, Septic Approval, in Manley School District. Grocery, Shopping and Restaurants are a short, 5-10 min. drive. Convenient to Pigeon Forge, Gatlinburg
and The Great Smoky Mnts.

Last Agent to Sell the Property

John Ricker

RE/MAX Real Estate Ten Midtown License #262255 Listed on: 03/12/2024

RE/MAX Real Estate Ten Midtown

Last Buyer's Agent

Non Member

Non Member - Sales

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $678

Lot Details

  • 0.71 Acre Lot
  • Waterfront
  • Property is zoned R1

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 001.00

Property Details

Property Type

Land

Est. Annual Taxes

$678

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 0.71
  • Water Body Name: Cherokee Lake
  • Directions: Follow Kidwells Ridge Rd., turn Left at stop sign into Paradise Ridge S/D. 1st Lot on Left, see sign.
  • Location Tax and Legal:Tax Annual Amount: 677.68
  • Location Tax and Legal:Tax Year2: 2023
  • Location Tax and Legal:Parcel Number2: 001.00
  • General Property Information:Lot Size Acres: 0.71
  • General Property Information:Waterfront YN: Yes
  • Mobile Home Allowed:Mobile Home Allowed: No
  • Location Tax and Legal:Zoning2: R1
  • Special Features: None

Exterior Features

  • Waterfront: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 30927.6
  • Parcel #: 001.00
  • Zoning: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 677.68
  • Tax Map Number: 022M
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Mar 14, 2024
Sold by
Phelps Timothy Warren and Phelps Cynthia Theresa
Bought by
Seal Lefty Craig and Seal Brittany M
Seller's Agent
John Ricker
RE/MAX Real Estate Ten Midtown
Buyer's Agent
Non Member
Non Member - Sales
List Price
$129,900
Sold Price
$103,500
Premium/Discount to List
-$26,400
-20.32%
Views
4
Current Estimated Value
$179,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,338
Avg. Annual Appreciation
39.21%

Purchase Details

Listed on
Apr 3, 2021
Closed on
May 27, 2022
Sold by
Ridley Brown Margie
Bought by
Phelps Timothy Warren and Rodarte Cynthia Theresa
Seller's Agent
KIM CANTWELL
Crye-Leike Premier Real Estate LLC
Buyer's Agent
IAN CULLEN
Tennessee Valley Appraisal Services
List Price
$162,000
Sold Price
$128,000
Premium/Discount to List
-$34,000
-20.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.25%

Purchase Details

Closed on
May 16, 2007

Purchase Details

Closed on
Apr 26, 2006
Bought by
Brown Jerry and Brown Margie

Purchase Details

Closed on
Mar 10, 1993
Bought by
Ridley Robert John

Purchase Details

Closed on
Jul 6, 1988
Bought by
Ridley Robert Lee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Seal Lefty Craig $103,500 Colonial Title Group
Phelps Timothy Warren $128,000 Colonial Title Group
-- -- --
Brown Jerry $30,000 --
Ridley Robert John $3,000 --
Ridley Robert Lee -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2024 03/21/24 Sold $103,500 -20.3% --
03/12/2024 03/12/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $129,900 +1.5% --
06/10/2022 06/10/22 Sold $128,000 -21.0% -- View Prior Sale
05/04/2022 05/04/22 Pending -- -- --
04/03/2021 04/03/21 For Sale $162,000 -- --
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 $678 $34,400 $34,400 --
2023 $678 $34,400 $0 $0
2022 $678 $34,400 $34,400 $0
2021 $678 $34,400 $34,400 $0
2020 $678 $34,400 $34,400 $0
2019 $733 $34,400 $34,400 $0
2018 $733 $34,400 $34,400 $0
2017 $733 $34,400 $34,400 $0
2016 $685 $34,400 $34,400 $0
2015 $636 $34,400 $34,400 $0
2014 -- $34,400 $34,400 $0
2013 -- $39,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Ricker

    Seller's Agent in 2024

    John Ricker

    RE/MAX

    (423) 231-1498

    189 Total Sales

    John Ricker
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member

    Non Member - Sales

  • KIM CANTWELL

    Seller's Agent in 2022

    KIM CANTWELL

    Crye-Leike Premier Real Estate LLC

    (423) 748-5235

    63 Total Sales

    KIM CANTWELL
    Section Image

  • I

    Buyer's Agent in 2022

    IAN CULLEN

    Tennessee Valley Appraisal Services

    (423) 746-0027

    2,800 Total Sales

    IAN CULLEN
    Section Image
See All Agents

Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 702921

Lakeway Area Association of REALTORS®

APN: 022M-A-001.00

Tennessee Hamblen County Morristown 37814

3011 Lee Ridge Rd, Morristown, TN

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Lakeway Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes