NOT LISTED FOR SALE

3017 Lee Ridge Rd Morristown, TN 37814

Estimated Value: $160,000 - $343,000

0.65 Acre
$363,589 Price per Acre
28,314 Sq Ft Lot

Last Sold September 17, 2021

Last sale price $152,000

Est. 55% increase in value since last sale

Current estimated payment $1,308/month

128 Days on Market

Highlights

  • Lake Front
  • No HOA
  • Level Lot
  • Lake Privileges

About This Lot

As of September 2021

Hello Lake Life and the Finest East TN has to offer! Large Lakefront Lot in Gorgeous Paradise Ridge S/D is Cleared and ready to build on, dock permit in place. No 4 wheeler needed to get to the water on this level lot, just a few easy steps to the waters edge! Approved for 3 BR septic, underground utilities, Manley school district, views of mountains and lake. Only a short, 5 minute drive to grocery, shopping, restaurants. Convenient to Knoxville, Pigeon Forge, Gatlinburg and the Great Smoky Mnts.

Last Agent to Sell the Property

KIM CANTWELL

Crye-Leike Premier Real Estate LLC License #325617 Listed on: 04/05/2021

Crye-Leike Premier Real Estate LLC

Last Buyer's Agent

IAN CULLEN

Tennessee Valley Appraisal Services License #1778

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $748

Lot Details

  • 0.65 Acre Lot
  • Lake Front
  • Level Lot
  • Cleared 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 002.00

Community Details

Overview

  • No Home Owners Association
  • Paradise Ridge Subdivision

Recreation

  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$748

Lot Details

0

Listing Details

  • Possible Use: Single Family
  • Fencing: None
  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 0.65
  • Lot Size: 175/171/IRR/IRR
  • Water Body Name: Cherokee Lake
  • Subdivision Name: Paradise Ridge
  • Directions: Travelling West on Andrew Johnson Hwy, turn Right onto Kidwell Ridge Rd., follow to end, turn left at Stop sign onto Kidwell Church Rd. and into Paradise Ridge S/D, property on Left.
  • Location Tax and Legal:Tax Annual Amount: 748.11
  • Location Tax and Legal:Tax Year2: 2020
  • Location Tax and Legal:Parcel Number2: 002.00
  • General Property Information:Lot Size Acres: 0.65
  • General Property Information:Lot Size Dimensions: 175/171/IRR/IRR
  • General Property Information:Waterfront YN: Yes
  • 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
  • View:Mountain(s): Yes
  • Utilities:Unknown Internet: Yes
  • View:Lake3: Yes
  • Sewer:Septic Needed: Yes
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Cleared, Gentle Sloping, Level
  • Waterfront Features: Lake Front, Lake Privileges
  • Waterfront: Yes
  • Disclosures: None
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Level: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Lake Privileges: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity 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: 28314.0
  • Parcel #: 002.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 748.11
  • Tax Map Number: 031D
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
Sep 17, 2021
Sold by
Swanson Rual and Swanson Shay
Bought by
Seal Lefty Craig and Seal Brittany Megan
Seller's Agent
KIM CANTWELL
Crye-Leike Premier Real Estate LLC
Buyer's Agent
IAN CULLEN
Tennessee Valley Appraisal Services
List Price
$160,000
Sold Price
$152,000
Premium/Discount to List
-$8,000
-5%
Current Estimated Value
$236,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,333
Avg. Annual Appreciation
11.14%

Purchase Details

Closed on
Sep 18, 2015
Sold by
Day Patrick C
Bought by
Swanson Rual and Swanson Shay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2015
Sold by
Brown Margie Ridley
Bought by
Day Patrick C and Collins Paige E

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
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Average Value
Not Available
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
Seal Lefty Craig $152,000 Colonial Title Group Inc
Swanson Rual $150,500 --
Day Patrick C $150,000 --
-- -- --
Brown Jerry $30,000 --
Ridley Robert John $3,000 --
Ridley Robert Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swanson Rual $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $152,000 -5.0% --
08/11/2021 08/11/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $160,000 -- --
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 $748 $37,975 $37,975 --
2023 $748 $37,975 $0 $0
2022 $748 $37,975 $37,975 $0
2021 $748 $37,975 $37,975 $0
2020 $748 $37,975 $37,975 $0
2019 $809 $37,975 $37,975 $0
2018 $809 $37,975 $37,975 $0
2017 $809 $37,975 $37,975 $0
2016 $756 $37,975 $37,975 $0
2015 $703 $37,975 $37,975 $0
2014 -- $37,975 $37,975 $0
2013 -- $43,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 601151

Lakeway Area Association of REALTORS®

APN: 022M-A-002.00