NOT LISTED FOR SALE

3182 Reeds Chapel Rd Morristown, TN 37814

Estimated Value: $238,000 - $353,778

5.02 Acres
$59,352 Price per Acre
218,671 Sq Ft Lot

Last Sold September 15, 2020

Last sale price $50,000 $66 Per Sq Ft

Est. 496% increase in value since last sale

Current estimated payment $1,661/month

About This Lot

As of September 2020

Easy access to town but not in the middle of traffic. Quiet location and the openness with 5.02 acres with flowing creek and some woods. Great to build your dream cabin in the woods. Property has been surveyed and is ready for new owner. Public water, sewer access and electrical on property.

Last Agent to Sell the Property

Carla Cullip

RE/MAX Real Estate Ten East Listed on: 07/25/2020

Last Buyer's Agent

Carla Cullip

RE/MAX Real Estate Ten East Listed on: 07/25/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $299

Lot Details

  • 5.02 Acre Lot
  • Perimeter Fence
  • Irregular Lot

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 025

Community Details

Overview

  • No Home Owners Association

Recreation

  • Creek On Lot

Property Details

Property Type

Land

Est. Annual Taxes

$299

Lot Details

0

Listing Details

  • Possible Use: Farm, Manufactured Home, Residential, Single Family
  • Fencing: Perimeter
  • Property Sub Type: Farm
  • Prop. Type: Land
  • Lot Size Acres: 5.02
  • Lot Size: 230/414.30/148.18/988.27
  • Subdivision Name: Other
  • Directions: From 25E towards Bean Station, turn right onto Morelock Road. Follow Morelock to end and turn left at the stop sign onto Reeds Chapel. Follow Reeds Chapel approximately 1 mile, property will be on left.
  • Location Tax and Legal:Tax Annual Amount: 299.27
  • Location Tax and Legal:Tax Year2: 2019
  • Location Tax and Legal:Parcel Number2: 025
  • General Property Information:Lot Size Acres: 5.02
  • General Property Information:Lot Size Dimensions: 230/414.30/148.18/988.27
  • General Property Information:Waterfront YN: No
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Body Type:Double Wide: Yes
  • Special Features: None

Interior Features

  • Fencing Perimeter: Yes

Exterior Features

  • Lot Features: Irregular Lot, Other, Creek On Lot
  • Waterfront: No
  • Lot Features:Other21: Yes
  • Lot Features:Creek On Lot: Yes
  • Lot Features:Irregular Lot: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Other

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

Lot Info

  • Current Use: Pasture
  • Lot Size Sq Ft: 218671.2
  • Parcel #: 025
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 299.27
  • Tax Map Number: 025
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2020
Closed on
Sep 16, 2020
Sold by
Cullip Ernest Eugene and Cullip Carla
Bought by
Meager Robert C and Meager Lola M
Seller's Agent
Carla Cullip
RE/MAX Real Estate Ten East
Buyer's Agent
Carla Cullip
RE/MAX Real Estate Ten East
List Price
$50,000
Sold Price
$50,000
Current Estimated Value
$297,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,945
Avg. Annual Appreciation
42.20%

Purchase Details

Closed on
Mar 8, 1999
Sold by
Epperson James J
Bought by
Cullip Ernest
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
Meager Robert C $50,000 None Available
Cullip Ernest $26,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2020 09/15/20 Sold $50,000 0.0% $66 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
07/25/2020 07/25/20 For Sale $50,000 -- $66 / Sq Ft
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 $897 $45,550 $12,175 $33,375
2023 $897 $45,550 $0 $0
2022 $460 $23,325 $12,175 $11,150
2021 $240 $12,175 $12,175 $0
2020 $277 $12,175 $12,175 $0
2019 $299 $14,050 $14,050 $0
2018 $402 $18,850 $14,050 $4,800
2017 $342 $18,850 $14,050 $4,800
2016 $338 $18,850 $14,050 $4,800
2015 $349 $18,850 $14,050 $4,800
2014 -- $18,850 $14,050 $4,800
2013 -- $19,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 589646

Lakeway Area Association of REALTORS®

APN: 025-116.00