NOT LISTED FOR SALE

4310 Oakwood Cir Morristown, TN 37814

Estimated Value: $381,177 - $439,000

-- Bed
5 Baths
4,050 Sq Ft
$101/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $278,950 $69 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,359/month

13 Days on Market

Highlights

  • Covered Patio or Porch
  • Laundry closet
  • Heat Pump System
  • Cooling Available

About This Home

As of November 2020

5-PLEX APARTMENT COMPLEX IN THE HEART OF WEST MORRISTOWN. SITUATED ACROSS FROM NEW WAL-MART, SHOPPING AND EATERIES. GREAT LONG TERM RENTERS AND INCOME PRODUCING.

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

  • $1,553

Year Built

  • Built in 1972

Lot Details

  • 233

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Laundry

  • Laundry closet
  • Washer and Electric Dryer Hookup

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Electric Range
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 6.00

Community Details

Overview

  • 5 Units
  • Oakwood Gardens Subdivision

Building Details

  • 1 Separate Water Meter
  • Net Operating Income $26,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,553

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 1972
  • Other Expense: 9288.33
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: IRR/IRR/IRR/IRR
  • Subdivision Name: Oakwood Gardens
  • Directions: FROM W AJ HWY TURN ONTO BELLWOOD RD. PROPERTY ON LEFT.
  • Location Tax and Legal:Tax Annual Amount: 1553.44
  • Location Tax and Legal:Parcel Number2: 6.00
  • 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
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Gross Scheduled Income: 38520.0
  • Income And Expenses New Taxes Expense: 1226.4
  • Foundation Details:Slab: Yes
  • Laundry Features:Laundry Closet: Yes
  • General Property Information:Number Of Units Total2: 5.0
  • Meter Information:Number Of Separate Water Meters: 1
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Private Spa: No
  • Fireplace: No
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Roof: Shingle
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • 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
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Closet, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Lot Info

  • Parcel #: 6.00

Multi Family

  • Number Of Units Total: 5
  • Number Of Separate Water Meters: 1
  • Income And Expenses Net Operating Income: 26480.0

Tax Info

  • New Taxes Expense: 1226.4
  • Tax Annual Amount: 1553.44
  • 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
$379,900
Sold Price
$278,950
Premium/Discount to List
-$100,950
-26.57%
Current Estimated Value
$403,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,711
Avg. Annual Appreciation
7.95%
Original Mortgage
$1,225,920
Outstanding Balance
$1,105,724
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
-$704,808

Purchase Details

Closed on
Aug 12, 2016
Sold by
Jenkins William J
Bought by
Whitaker Dedra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 2005
Sold by
England Ronald C
Bought by
Jenkins William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
5.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 1998
Sold by
Prickett and Frances
Bought by
England Ronald

Purchase Details

Closed on
Mar 15, 1990
Bought by
Dewald Charles R and Dewald Connie

Purchase Details

Closed on
Jul 1, 1980
Bought by
Hunt Robert M and Hunt Catherine V
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 Dedra $178,000 --
Jenkins William J $171,000 --
England Ronald $132,500 --
Dewald Charles R $80,500 --
Hunt Robert M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gulab Management $1,225,920
Previous Owner Whitaker Dedra $144,500
Previous Owner Jenkins William J $163,455
Previous Owner Hunt Robert M $161,500
Previous Owner Hunt Robert M $9,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $278,950 -26.6% $69 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $379,900 -- $94 / 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 $1,918 $109,000 $20,680 $88,320
2023 $1,918 $109,000 $0 $0
2022 $3,444 $109,000 $20,680 $88,320
2021 $3,444 $109,000 $20,680 $88,320
2020 $2,580 $109,000 $20,680 $88,320
2019 $2,722 $80,040 $19,560 $60,480
2018 $2,522 $80,040 $19,560 $60,480
2017 $2,481 $80,040 $19,560 $60,480
2016 $2,369 $80,040 $19,560 $60,480
2015 $2,204 $80,040 $19,560 $60,480
2014 -- $80,040 $19,560 $60,480
2013 -- $85,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • FRED DAY

    Seller's Agent in 2020

    FRED DAY

    RE/MAX

    (423) 312-8881

    158 Total Sales

    Section Image
  • Tina Black

    Seller Co-Listing Agent in 2020

    Tina Black

    RE/MAX

    (423) 312-7338

    261 Total Sales

    Section Image
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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 590297

Lakeway Area Association of REALTORS®

APN: 040K-D-006.00

Tennessee Hamblen County Morristown 37814

4310 Oakwood Cir, Morristown, TN

This home is located at 4310 Oakwood Cir, Morristown, TN 37814 since 10 September 2020 and is currently estimated at $410,089, approximately $101 per square foot. This property was built in 1972. 4310 Oakwood Cir 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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