NOT LISTED FOR SALE

3496 Sulphur Springs Road Rd Morristown, TN 37813

Estimated Value: $82,000 - $229,000

7.15 Acres
$18,199 Price per Acre
311,454 Sq Ft Lot

Last Sold September 16, 2022

Last sale price $75,000

Est. 73% increase in value since last sale

Current estimated payment $714/month

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • Lot Has A Rolling Slope
  • Creek On Lot
  • Corner Lot

About This Lot

As of September 2022

BEAUTIFUL PIECE OF HISTORY!
7.18 acres out in the peace and quiet of the country! This property is filled with endless potential and opportunities! This property would make a great location for your perfect house on a hill with farm views. There is already a clearing to the top of the hill that was used for logging the property. Timber rights go with the property. No Restrictions!
There is a creek on the property as well as a barn and an 1822 built home known as the Riggs House. This home was built in 1822 by Col. Samuel Riggs. DO NOT ENTER THE HOME UNLESS GIVEN PERMISSION.
Come check this out before it's gone!

Last Agent to Sell the Property

Nichole Raimondi

United Real Estate Solutions License #361795 Listed on: 06/14/2022

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $317

Lot Details

  • 7.15 Acre Lot
  • Lot Dimensions are 559x559.5
  • Property fronts a county road
  • Corner Lot
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Wooded Lot
  • Finished Lot(s)
  • Zoning described as Other, None, Zoned Residential

Property Views

  • Woods
  • Countryside Views
  • Forest

Additional Features

  • Creek On Lot
  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 050 053.00

Property Details

Property Type

Land

Est. Annual Taxes

$317

Lot Details

0

Listing Details

  • Directions: Coming off I81 take Exit 8. Turn onto US25E North. In .5 miles turn left onto Old Witt Road. After 1 mile turn left onto Sulphur Springs Road.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 7.15
  • Lot Size: 559x559.5
  • Topography:Rolling: Yes
  • Lot Description:Wooded: Yes
  • View:Wooded2: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Gas3: Yes
  • Utilities Available:Water5: Yes
  • Property Sub-Type:Single Family2: Yes
  • Road Frontage:County4: Yes
  • Lot Description:Irregular Lot: Yes
  • Topography:Partially Cleared: Yes
  • Lot Description:Corner Lot: Yes
  • Lot Description:Creek: Yes
  • Property Sub-Type:Farm2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Country Setting, Wooded, Other
  • Lot Features: Creek, Rolling, Wooded
  • Topography: {"Partially Cleared":true}

Lot Info

  • Lot Size Sq Ft: 311454.0
  • Parcel #: 050 053.00
  • Zoning Description: Other, None, Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2002
Sold by
Gaines Hobson
Bought by
Rogers Jerry
Current Estimated Value
$130,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Outstanding Balance
$12,754
Interest Rate
6.75%
Estimated Equity
$117,370

Purchase Details

Closed on
Jan 22, 1981
Bought by
Hobson Gaines Boyd

Purchase Details

Closed on
Oct 10, 1979
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
Rogers Jerry $50,000 --
Hobson Gaines Boyd $3,000 --
-- $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Not Available $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2022 09/16/22 Sold $75,000 -16.2% --
08/03/2022 08/03/22 For Sale $89,500 0.0% --
07/26/2022 07/26/22 Pending -- -- --
07/01/2022 07/01/22 Price Changed $89,500 -0.6% --
06/14/2022 06/14/22 For Sale $90,000 -- --
Source: East Tennessee REALTORS® 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 $317 $16,100 $12,350 $3,750
2023 $317 $16,100 $0 $0
2022 $317 $16,100 $12,350 $3,750
2021 $317 $16,100 $12,350 $3,750
2020 $330 $16,100 $12,350 $3,750
2019 $330 $15,475 $12,350 $3,125
2018 $330 $15,475 $12,350 $3,125
2017 $330 $15,475 $12,350 $3,125
2016 $308 $15,475 $12,350 $3,125
2015 $286 $15,475 $12,350 $3,125
2014 -- $15,475 $12,350 $3,125
2013 -- $16,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1195207

East Tennessee REALTORS® MLS

APN: 050-053.00