NOT LISTED FOR SALE

3051 Cherokee Dr Morristown, TN 37814

Estimated Value: $219,000 - $281,427

22.14 Acres
$11,301 Price per Acre
964,418 Sq Ft Lot

Last Sold December 21, 2018

Last sale price $165,000

Est. 52% increase in value since last sale

Current estimated payment $1,339/month

48 Days on Market

Highlights

  • 22.14 Acre Lot
  • No HOA
  • Level Lot
  • Mountain View

About This Lot

As of December 2018

Just over 22 acres in Hamblen County with beautiful mountain views! Property sits in the county with a short drive into town for shopping and dinning. Ideal for a private single family setting or it could be developed into a subdivision. This property is located in the West High School district. Over 500' of road frontage on Cherokee Drive.

Last Agent to Sell the Property

Will Sliger

LeBel Commercial Realty License #316105 Listed on: 10/10/2018

Co-Listed By

Paul LeBel

LeBel Commercial Realty License #258082

Last Buyer's Agent

Will Sliger

LeBel Commercial Realty License #316105 Listed on: 10/10/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $537

Lot Details

  • 22.14 Acre Lot
  • Level Lot
  • Cleared Lot

Schools

  • West Elementary School
  • Lincoln Middle School
  • West High School

Additional Features

  • Mountain Views
  • Mobile Home Allowed
  • Septic Needed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 069.00

Property Details

Property Type

Land

Est. Annual Taxes

$537

Lot Details

0

Listing Details

  • Possible Use: Farm, Residential, Single Family, Subdevelopment
  • Property Sub Type: Farm
  • Prop. Type: Land
  • Lot Size Acres: 22.14
  • Lot Size: Irr/Irr/Irr/Irr
  • Subdivision Name: None
  • Directions: From Andrew Johnson Hwy to Walter's Dr. Turn left onto Cherokee Dr. from Walter's. Property will be on the left just past McBride Missionary Baptist Church.
  • Location Tax and Legal:Tax Annual Amount: 536.76
  • Location Tax and Legal:Tax Year2: 2017
  • Location Tax and Legal:Parcel Number2: 069.00
  • General Property Information:Lot Size Acres: 22.14
  • General Property Information:Lot Size Dimensions: Irr/Irr/Irr/Irr
  • General Property Information:Waterfront YN: No
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Mobile Home Allowed:Mobile Home Allowed: Yes
  • Location Tax and Legal:Middle or Junior School: Lincoln
  • Location Tax and Legal:Elementary School: West Elementary
  • Location Tax and Legal:High School: West
  • View:Mountain(s): Yes
  • Utilities:Water Available: Yes
  • Sewer:Septic Needed: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, Gentle Sloping, Level, Rolling Slope
  • Waterfront: No
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Level: Yes
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Elementary School: West Elementary
  • High School: West
  • Middle Or Junior School: Lincoln

Lot Info

  • Current Use: Pasture
  • Lot Size Sq Ft: 964418.4
  • Parcel #: 069.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 536.76
  • Tax Map Number: 024
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2018
Closed on
Dec 18, 2018
Sold by
Williamson Ben and Williamson Marsha
Bought by
Assadnia Shahin and Boniface Carole Elizabeth
Seller's Agent
Will Sliger
LeBel Commercial Realty
Buyer's Agent
Will Sliger
LeBel Commercial Realty
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$250,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,214
Avg. Annual Appreciation
6.20%

Purchase Details

Closed on
Nov 20, 2006
Sold by
Grooms James
Bought by
Ben Williamson

Purchase Details

Closed on
Mar 14, 2005
Bought by
Joyce Robert C

Purchase Details

Closed on
Apr 2, 2004
Bought by
Grooms James

Purchase Details

Closed on
Aug 3, 1979
Bought by
Joyce Robert and Joyce Mattie

Purchase Details

Closed on
Feb 12, 1976

Purchase Details

Closed on
Jul 25, 1974

Purchase Details

Closed on
Aug 13, 1973
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
Assadnia Shahin $165,000 None Available
Ben Williamson $208,725 --
Joyce Robert C -- --
Grooms James -- --
Joyce Robert -- --
-- -- --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2018 12/21/18 Sold $165,000 0.0% --
11/27/2018 11/27/18 Pending -- -- --
10/10/2018 10/10/18 For Sale $165,000 -- --
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 $244 $12,400 $7,400 $5,000
2023 $244 $12,400 $0 $0
2022 $244 $12,400 $7,400 $5,000
2021 $244 $12,400 $7,400 $5,000
2020 $235 $11,925 $7,400 $4,525
2019 $125 $5,875 $5,875 $0
2018 $537 $25,200 $25,200 $0
2017 $537 $25,200 $25,200 $0
2016 $501 $25,200 $25,200 $0
2015 $682 $36,875 $36,150 $725
2014 -- $36,875 $36,150 $725
2013 -- $41,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 580612

Lakeway Area Association of REALTORS®

APN: 024-069.00