NOT LISTED FOR SALE

4050 Sublett Rd Morristown, TN 37813

Estimated Value: $521,000 - $776,000

3.29 Acres
$204,643 Price per Acre
143,312 Sq Ft Lot

Last Sold January 10, 2022

Last sale price $25,000

Est. 2,593% increase in value since last sale

Current estimated payment $3,651/month

59 Days on Market

Highlights

  • Barn
  • Creek On Lot
  • Gentle Sloping Lot
  • 3.29 Acre Lot
  • No HOA

About This Lot

As of January 2022

THIS PROPERTY IS PERFECT FOR SOMEONE WHO WANTS A LITTLE LAND WITH 2 BARNS AND BORDERS A CREEK! PERFECT FOR A SMALL HOMESTEAD OR JUST A PLACE TO BUILD YOU OWN HOME. DON'T MISS OUT ON THIS OPPORTUNITY IT WILL NOT LAST LONG. PROPERTY WILL BE SOLD ABSOLUTE WITH O MINIMUM AND NO RESERVES!

Last Agent to Sell the Property

ZACH PHILLIPS

ProTeam Real Estate License #350669 Listed on: 09/15/2021

ProTeam Real Estate

Last Buyer's Agent

ZACH PHILLIPS

ProTeam Real Estate License #350669 Listed on: 09/15/2021

ProTeam Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $500

Lot Details

  • 3.29 Acre Lot
  • Gentle Sloping Lot
  • Cleared Lot

Utilities

  • Septic Tank
  • Internet Available

Additional Features

  • City Lot
  • Barn
  • Mobile Home Allowed

Listing and Financial Details

  • Auction
  • Assessor Parcel Number 116.00

Community Details

Overview

  • No Home Owners Association

Recreation

  • Creek On Lot
  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$500

Lot Details

3.29 Acres

Listing Details

  • Possible Use: Farm, Manufactured Home, Residential, Single Family
  • Fencing: None
  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 3.29
  • Lot Size: 01/050/*85/79
  • Subdivision Name: Other
  • Directions: COMING FROM WHITE PINE TN TAKE SUBLETT ROAD DRIVE ABOUT A MILE AND THIS PROPERTY WILL BE ON THE LEFT SIDE OF THE ROAD.
  • Location Tax and Legal:Tax Annual Amount: 500.0
  • Location Tax and Legal:Tax Year2: 2020
  • Location Tax and Legal:Parcel Number2: 116.00
  • General Property Information:Lot Size Acres: 3.29
  • General Property Information:Lot Size Dimensions: 01/050/*85/79
  • General Property Information:Waterfront YN: No
  • Utilities:Electricity Available: Yes
  • Mobile Home Allowed:Mobile Home Allowed: Yes
  • Utilities:Other Internet: Yes
  • Other Structures:Barn(s): Yes
  • Utilities:Satellite Internet: Yes
  • Utilities:Water Available: Yes
  • Special Listing Conditions:Auction: Yes
  • Other Structures:Outbuilding: Yes
  • Special Features: Auction

Exterior Features

  • Lot Features: City Lot, Cleared, Gentle Sloping, Other, Creek On Lot
  • Waterfront: No
  • Disclosures: None, Other
  • Other Structures: Barn(s), Outbuilding
  • Lot Features:City Lot: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Other21: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Creek On Lot: Yes

Utilities

  • Sewer: Septic Tank, Other
  • Utilities: Electricity Available, Water Available, Other Internet, Satellite Internet, Other
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 143312.4
  • Parcel #: 116.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 500.0
  • Tax Map Number: 056
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2024
Sold by
Rouse Michael and Lakins William N
Bought by
Overbay Nicholas R
Current Estimated Value
$673,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$727,867
Interest Rate
6.64%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$54,592

Purchase Details

Closed on
Dec 29, 1999
Sold by
Hudgens James and Hudgens Maude
Bought by
Mary Sublett

Purchase Details

Closed on
Dec 12, 1978
Bought by
Sublett Gale A and Mary Charles

Purchase Details

Closed on
Jan 1, 1951

Purchase Details

Closed on
Jul 10, 1948
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
Overbay Nicholas R $950,000 Lakeway Title Services
Mary Sublett -- --
Sublett Gale A -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Overbay Nicholas R $760,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2022 01/10/22 Sold $25,000 -75.0% --
11/13/2021 11/13/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $100,000 -- --
Source: Lakeway Area Association of REALTORS®

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
2025 $1,770 $120,400 $47,525 $72,875
2024 $1,430 $72,600 $38,750 $33,850
2023 $1,406 $72,600 $0 $0
2022 $1,369 $69,500 $35,650 $33,850
2021 $1,345 $68,250 $35,650 $32,600
2020 $1,345 $68,250 $35,650 $32,600
2019 $1,240 $58,225 $29,525 $28,700
2018 $1,240 $58,225 $29,525 $28,700
2017 $1,240 $58,225 $29,525 $28,700
2016 $1,159 $58,225 $29,525 $28,700
2015 $1,077 $58,225 $29,525 $28,700
2014 -- $58,225 $29,525 $28,700
2013 -- $60,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2022

    ZACH PHILLIPS

    ProTeam Real Estate

    (865) 333-8535

    8 in this area

    15 Total Sales

    ZACH PHILLIPS
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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 603962

Lakeway Area Association of REALTORS®

APN: 056-116.00

Tennessee Hamblen County Morristown 37813

4050 Sublett Rd, Morristown, TN

Not Listed for Sale

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