NOT LISTED FOR SALE

4305 Oakwood Cirlce Morristown, TN 37814

Estimated Value: $346,904 - $539,000

-- Bed
3 Baths
2,640 Sq Ft
$162/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $287,000 $109 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,456/month

Highlights

  • Covered Patio or Porch
  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System

About This Home

As of November 2020

NICE FULL BRICK 4-PLEX APARTMENT UNIT IN THE HEART OF WEST MORRISTOWN. SITUATED ACROSS FROM NEW WAL-MART, SHOPPING AND EATERIES. GREAT LONG TERM RENTERS AND INCOME PRODUCING. ** THIS UNIT HAS A LARGE BASEMENT (SELLER USES FOR STORAGE FOR SUPPLIES).

Last Agent to Sell the Property

FRED DAY

Re/Max Real Estate Ten Midtown License #051422 Listed on: 09/10/2020

Re/Max Real Estate Ten Midtown

Co-Listed By

Tina Black

RE/MAX Real Estate Ten Midtown License #308409

Last Buyer's Agent

FRED DAY

Re/Max Real Estate Ten Midtown License #051422 Listed on: 09/10/2020

Re/Max Real Estate Ten Midtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,138

Year Built

  • Built in 1972

Lot Details

  • 0.41

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • Metal Fireplace
  • Fire and Smoke Detector
  • Electric Range

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

  • Block Basement Construction
  • Laundry in Basement
  • Crawl Space

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Wall Furnace
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • 0.41 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 9.00

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units
  • Oakwood Gardens Subdivision

Building Details

  • Net Operating Income $25,698

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,138

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 1972
  • Other Expense: 2378.0
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.41
  • Lot Size: IRR/IRR/IRR/IRR
  • Subdivision Name: Oakwood Gardens
  • Directions: FROM W AJ HWY TURN ONTO BELLWOOD RD, LEFT ON OAKWOOD CIRCLE.
  • Location Tax and Legal:Tax Annual Amount: 1137.72
  • Location Tax and Legal:Parcel Number2: 9.00
  • General Property Information:Lot Size Acres: 0.41
  • General Property Information:Lot Size Dimensions: IRR/IRR/IRR/IRR
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Appliances Refrigerators: Yes
  • Cooling:Heat Pump: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • General Property Information:Basement YN: Yes
  • Security Features:Smoke Detector(s): Yes
  • Gross Scheduled Income: 30000.0
  • Income And Expenses New Taxes Expense: 898.2
  • Laundry Features:Main Level: Yes
  • Cooling:Wall Unit(s): Yes
  • Laundry Features:In Basement: Yes
  • General Property Information:Number Of Units Total2: 4.0
  • Roof:Metal: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Basement: Block, Crawl Space
  • Private Spa: No
  • Basement YN: Yes
  • Fireplace Features: Metal
  • Fireplace: No
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Basement:Block: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Porch
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes

Garage/Parking

  • Parking Features: Concrete
  • Parking Features:Concrete4: Yes
  • General Property Information:Carport YN: No
  • Unit 1:Garage YN3: No
  • Unit 2:Garage YN4: No
  • Unit 3:Garage YN5: No
  • Unit 4:Garage YN6: No

Utilities

  • Cooling: Heat Pump, Wall Unit(s)
  • Heating: Heat Pump, Wall Furnace
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Basement, Main Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Amenities: Cable TV
  • Association: Yes

Association/Amenities

  • Association Amenities:Cable TV: Yes

Lot Info

  • Lot Size Sq Ft: 17859.6
  • Parcel #: 9.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Income And Expenses Net Operating Income: 25698.0

Tax Info

  • New Taxes Expense: 898.2
  • Tax Annual Amount: 1137.72
  • Tax Map Number: 40K

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Nov 18, 2020
Sold by
Whitaker Dedra and Whitaker Gary
Bought by
Gulab Management
Seller's Agent
FRED DAY
Re/Max Real Estate Ten Midtown
Buyer's Agent
FRED DAY
Re/Max Real Estate Ten Midtown
List Price
$299,900
Sold Price
$287,000
Premium/Discount to List
-$12,900
-4.3%
Current Estimated Value
$428,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,635
Avg. Annual Appreciation
4.71%
Original Mortgage
$1,225,920
Outstanding Balance
$1,105,724
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$748,881

Purchase Details

Closed on
May 25, 2016
Sold by
Voccola Michael G
Bought by
Whitaker Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,850
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2005
Sold by
Wayne Quinton H
Bought by
Voccola Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.72%

Purchase Details

Closed on
Jan 13, 1989
Bought by
Quinton Wayne and Quinton Jan

Purchase Details

Closed on
Jan 31, 1987
Bought by
Brady Ronald L and Brady Lois W

Purchase Details

Closed on
Mar 25, 1986
Bought by
Bank Of Commerce

Purchase Details

Closed on
Jan 17, 1985

Purchase Details

Closed on
Oct 8, 1982
Bought by
Anderson Steve and Anderson Diane

Purchase Details

Closed on
Apr 29, 1977
Bought by
Storms Carl and Storms Sandra
Source: Public Records

Range of Values:

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Average Value
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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
Gulab Management -- None Available
Whitaker Debra $141,000 --
Voccola Michael G $135,000 --
Quinton Wayne $75,000 --
Brady Ronald L $20,000 --
Bank Of Commerce -- --
-- $37,900 --
-- -- --
Anderson Steve -- --
Storms Carl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gulab Management $1,225,920
Previous Owner Whitaker Debra $119,850
Previous Owner Voccola Michael G $124,200
Previous Owner Storms Carl $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $287,000 -4.3% $109 / Sq Ft
09/10/2020 09/10/20 For Sale $299,900 -- $114 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
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 $1,457 $82,760 $8,520 $74,240
2023 $1,457 $82,760 $0 $0
2022 $2,616 $82,760 $8,520 $74,240
2021 $2,616 $82,760 $8,520 $74,240
2020 $1,890 $82,760 $8,520 $74,240
2019 $1,924 $56,600 $8,400 $48,200
2018 $1,783 $56,600 $8,400 $48,200
2017 $1,754 $56,600 $8,400 $48,200
2016 $1,675 $56,600 $8,400 $48,200
2015 $1,559 $56,600 $8,400 $48,200
2014 -- $56,600 $8,400 $48,200
2013 -- $67,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • FRED DAY

    Seller's Agent in 2020

    FRED DAY

    RE/MAX

    (423) 312-8881

    157 Total Sales

    Section Image
  • Tina Black

    Seller Co-Listing Agent in 2020

    Tina Black

    RE/MAX

    (423) 312-7338

    260 Total Sales

    Section Image
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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 590300

Lakeway Area Association of REALTORS®

APN: 040K-D-009.00

Tennessee Hamblen County Morristown 37814

4305 Oakwood Cirlce, Morristown, TN

This home is located at 4305 Oakwood Cirlce, Morristown, TN 37814 since 10 September 2020 and is currently estimated at $428,635, approximately $162 per square foot. This property was built in 1972. 4305 Oakwood Cirlce is a home located in Hamblen County with nearby schools including Manley Elementary School, West View Middle School, and Morristown West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Lakeway Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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