NOT LISTED FOR SALE

3241 Cherokee Dr Morristown, TN 37814

Estimated Value: $124,000 - $289,000

2 Beds
1 Bath
1,152 Sq Ft
$188/Sq Ft Est. Value

Last Sold April 06, 2020

Last sale price $48,500 $42 Per Sq Ft

Est. 345% increase in value since last sale

Current estimated payment $1,175/month

35 Days on Market

Highlights

  • 0.69 Acre Lot
  • Living Room
  • Central Heating and Cooling System
  • No HOA
  • 1-Story Property
  • Ceiling Fan

About This Home

As of April 2020

Great Investment Opportunity! 2 bedroom 1 bath house priced right to renovate. Sold As-Is.

Last Agent to Sell the Property

Robert Jacobs

RE/MAX Real Estate Ten East License #353863 Listed on: 01/29/2020

Last Buyer's Agent

Laura Dickerson

Re/Max Real Estate Ten Midtown License #326690

Re/Max Real Estate Ten Midtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $272

Year Built

  • Built in 1968

Lot Details

  • 0.69 Acre Lot
  • Lot Has A Rolling Slope

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Living Room
  • Block Basement Construction
  • Washer Hookup

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 113.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$272

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 1968
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.69
  • Lot Size: 127/272/131/241
  • Subdivision Name: None
  • Directions: From N Cumberland Street, Turn onto Cherokee Drive. Follow Cherokee Drive for approx. 3.3 miles home is on the left. 3241 Cherokee Drive
  • Above Grade Finished Sq Ft: 1152.0
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 271.58
  • Location Tax and Legal:Tax Year2: 2019
  • Location Tax and Legal:Parcel Number2: 113.00
  • General Property Information:Lot Size Acres: 0.69
  • General Property Information:Lot Size Dimensions: 127/272/131/241
  • General Property Information:Waterfront YN: No
  • Location Tax and Legal:Elementary School: West Elementary
  • Location Tax and Legal:Middle Or Junior School2: Lincoln
  • Location Tax and Legal:High School: West
  • General Property Information:Living Area2: 1152.0
  • General Property Information:Above Grade Finished Area: 1152.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: Yes
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Additional Dwelling:Additional Dwelling YN: No
  • Flooring:Carpet: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Washer Hookup: Yes
  • Levels:One: Yes
  • Roof:Shingle: Yes
  • Room Types:Living Room2: Yes
  • General Property Information:Basement YN: No
  • Cooling:Central Air: Yes
  • Flooring:Laminate: Yes
  • Utilities:Natural Gas Not Available: Yes
  • Utilities:Other Internet: Yes
  • Water Source:Private5: Yes
  • Water Source:Well: Yes
  • Other Structures:Shed(s): Yes
  • Flooring:Concrete3: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Concrete, Laminate
  • Appliances: Electric Water Heater, Gas Oven, Gas Range
  • Basement: Block
  • Levels: One
  • Interior Amenities: Ceiling Fan(s)
  • Private Spa: No
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Insert
  • Fireplace: Yes
  • Living Area: 1152.0
  • Basement:Block: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Oven: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Insert: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Rolling Slope, Other
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Construction Materials:Brick: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Other21: Yes

Garage/Parking

  • Garage Yn: No
  • Attached Garage: No
  • Parking Features: Gravel
  • General Property Information:Garage YN: No
  • General Property Information:Carport YN: No
  • Parking Features:Gravel: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Laundry Features: Washer Hookup, Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Not Available, Other Internet
  • Sewer Septic Tank: Yes
  • Heating:Central: Yes

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

  • Lot Size Sq Ft: 30056.4
  • Parcel #: 113.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 271.58
  • Tax Map Number: 023
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Apr 6, 2020
Sold by
Morse Jessica M and Zydel Jessica M
Bought by
Escalante Carlos Hernandez and Lopez Juan Carlo
Seller's Agent
Robert Jacobs
RE/MAX Real Estate Ten East
Buyer's Agent
Laura Dickerson
Re/Max Real Estate Ten Midtown
List Price
$54,900
Sold Price
$48,500
Premium/Discount to List
-$6,400
-11.66%
Current Estimated Value
$216,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,504
Avg. Annual Appreciation
30.38%

Purchase Details

Closed on
Dec 3, 2014
Sold by
Combs Margaret L Estate
Bought by
Morse Jessica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,184
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 1968
Bought by
Combs Margaret
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Escalante Carlos Hernandez $48,500 None Available
Morse Jessica M $45,000 --
Combs Margaret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morse Jessica M $44,184
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2020 04/06/20 Sold $48,500 -11.7% $42 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $54,900 -- $48 / 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 $432 $21,950 $2,825 $19,125
2023 $432 $21,950 $0 $0
2022 $350 $17,775 $2,825 $14,950
2021 $350 $17,775 $2,825 $14,950
2020 $357 $18,100 $2,825 $15,275
2019 $272 $12,750 $2,825 $9,925
2018 $272 $12,750 $2,825 $9,925
2017 $272 $12,750 $2,825 $9,925
2016 $254 $12,750 $2,825 $9,925
2015 $236 $12,750 $2,825 $9,925
2014 -- $12,750 $2,825 $9,925
2013 -- $15,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 587184

Lakeway Area Association of REALTORS®

APN: 023-113.00