NOT LISTED FOR SALE

3044 Soloman Ridge Way Morristown, TN 37814

Estimated Value: $645,000 - $735,000

0.6 Acre
$1,156,128 Price per Acre
26,136 Sq Ft Lot

Last Sold November 15, 2021

Last sale price $38,000

Est. 1,725% increase in value since last sale

Current estimated payment $3,870/month

40 Days on Market

Highlights

  • Access To Lake
  • Lake Privileges
  • Level Lot
  • Waterfront

About This Lot

As of November 2021

Looking to build your dream home at the lake? Check out these lots in Waters Edge Subdivision! Public water and power available and close proximity to a public boat ramp. Hamblen Marina close by. Restricted to protect your investment, copy available upon request. Panoramic water, countryside and mountain views! Buyer to verify all information.

Last Agent to Sell the Property

Michael McNeese

Century 21 Legacy - Greeneville License #290535 Listed on: 08/13/2021

Century 21 Legacy - Greeneville

Last Buyer's Agent

Non Member

Non Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,478

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 121.77 x 221.21
  • Waterfront
  • Level Lot
  • Cleared Lot
  • Property is in good condition
  • Property is zoned R1

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Water Views

Schools

  • Russellville Elementary School
  • East Ridge Middle School
  • Morristown East High School

Listing and Financial Details

  • Assessor Parcel Number 017c A 064.00 000

Community Details

Overview

  • Watersedge Subdivision

Recreation

  • Access To Lake
  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$2,478

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Directions: Follow I-81 S to TN-160 N in Hamblen County. Take exit 12 from I-81 S 15 min (17.8 mi) Get on S Davy Crockett Pkwy in Morristown from TN-160 N 4 min (3.4 mi) Merge onto S Davy Crockett Pkwy 4 min (4.4 mi) Take Brights Pike to Solomon Ridge Way
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Road Frontage Type: 2 Lane Road
  • Subdivision Name: Watersedge
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 017c A 064.00 000
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.6
  • General Property Description Zoning2: R1
  • General Property Description Elementary School3: Russellville
  • General Property Description Middle School2: East Ridge
  • General Property Description High School3: Morristown East
  • Property Condition Above Average: Yes
  • Lot Features Level3: Yes
  • Water Public: Yes
  • General Property Description Home Warranty: No
  • Utilities Electricity Available: Yes
  • General Property Description HOA Fee: 25.0
  • TopographyLot Description Cleared: Yes
  • View Water2: Yes
  • Lot Features Rolling Slope2: Yes
  • Waterfront Features Lake Access: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Property Condition: Above Average
  • Lot Features: Level, Rolling Slope, Cleared
  • View: Water
  • Waterfront Features: Lake Privileges
  • Acres: 0.6
  • Waterfront: Yes
  • Home Warranty: No

Utilities

  • Sewer: See Remarks
  • Utilities: Electricity Available, See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 25.0
  • Association: Yes

Schools

  • Elementary School: Russellville
  • High School: Morristown East
  • Middle Or Junior School: East Ridge

Lot Info

  • Zoning: R1
  • Lot Dimensions: 121.77 X 221.21
  • Lot Size Sq Ft: 26136.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 017c A 064.00 000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Nov 15, 2021
Sold by
Cremins Aaron Shane
Bought by
Miklosovic Ryan and Miklosovic Caroline
Seller's Agent
Michael McNeese
Century 21 Legacy - Greeneville
Buyer's Agent
Non Member
Non Member
List Price
$42,900
Sold Price
$38,000
Premium/Discount to List
-$4,900
-11.42%
Current Estimated Value
$693,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$655,677
Avg. Annual Appreciation
109.00%

Purchase Details

Closed on
Aug 9, 2021
Sold by
Edgewaters Llc
Bought by
Cremins Aaron Shane

Purchase Details

Closed on
Sep 11, 2015
Sold by
Wolfe Terry K
Bought by
Edgewaters Llc

Purchase Details

Closed on
Sep 10, 2015
Sold by
Sizemore Mark B
Bought by
Edgewaters Llc

Purchase Details

Closed on
Jul 16, 1990
Bought by
Solomon Ruth Trustee

Purchase Details

Closed on
Feb 6, 1950
Bought by
Solomon Ruth Trustee
Source: Public Records

Range of Values:

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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
Miklosovic Ryan $38,000 Colonial Title Group Inc
Cremins Aaron Shane $96,250 Lakeway Title Services
Edgewaters Llc -- --
Edgewaters Llc -- --
Solomon Ruth Trustee -- --
Solomon Ruth Trustee -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2021 11/15/21 Sold $38,000 -11.4% --
09/23/2021 09/23/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $42,900 -- --
Source: Tennessee/Virginia Regional MLS

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 $2,478 $125,775 $9,650 $116,125
2023 $826 $125,775 $0 $0
2022 $190 $9,650 $9,650 $0
2021 $190 $9,650 $9,650 $0
2020 $190 $9,650 $9,650 $0
2019 $206 $9,650 $9,650 $0
2018 $206 $9,650 $9,650 $0
2017 $206 $9,650 $9,650 $0
2016 $192 $9,650 $9,650 $0
2015 $179 $9,650 $9,650 $0
2014 -- $9,650 $9,650 $0
2013 -- $9,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael McNeese

    Seller's Agent in 2021

    Michael McNeese

    Century 21 Legacy - Greeneville

    (423) 552-5330

    477 Total Sales

    Michael McNeese
    Section Image

  • N

    Buyer's Agent in 2021

    Non Member

    Non Member

See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9927138

Tennessee/Virginia Regional MLS

APN: 017C-A-064.00

Tennessee Hamblen County Morristown 37814

3044 Soloman Ridge Way, Morristown, TN

This home is located at 3044 Soloman Ridge Way, Morristown, TN 37814 since 13 August 2021 and is currently estimated at $693,677. 3044 Soloman Ridge Way is a home located in Hamblen County with nearby schools including Russellville Elementary School, East Ridge Middle School, and Morristown East High School.

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