NOT LISTED FOR SALE

448 Locust Ave Morristown, TN 37813

Estimated Value: $36,699 - $222,000

0.2 Acre
$597,125 Price per Acre
8,712 Sq Ft Lot

Last Sold April 11, 2023

Last sale price $20,000

Est. 508% increase in value since last sale

Current estimated payment $673/month

15 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 3-minute walk to King Park

About This Lot

As of April 2023

Centrally located cleared lot, ready for your new home. Mobile homes allowed w/permanent foundation. Great corner lot.

Last Agent to Sell the Property

Becky Jinks

WEICHERT, REALTORS - TIGER REAL ESTATE License #357620 Listed on: 03/20/2023

WEICHERT, REALTORS - TIGER REAL ESTATE

Last Buyer's Agent

Brooke Patton

Crye-Leike Lakeway West License #351514

Crye-Leike Lakeway West

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $158

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60 x150
  • Corner Lot
  • Cleared Lot

Location

  • City Lot

Schools

  • Hillcrest Elementary School
  • Meadowview Middle School
  • East High School

Community Details

  • No Home Owners Association
  • See Agent Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0800 000
  • Tax Block 2

Property Details

Property Type

Land

Est. Annual Taxes

$158

Lot Details

0

Listing Details

  • Possible Use: Multi-Family, Single Family
  • Fencing: None
  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 0.2
  • Lot Size: 60 X150
  • Subdivision Name: See Agent
  • Directions: Turn off of East Morris Blvd on to Locust St. property is on the right.
  • Location Tax and Legal:Tax Annual Amount: 158.0
  • Location Tax and Legal:Tax Year2: 2022
  • Location Tax and Legal:Parcel Number2: 0800 000
  • Location Tax and Legal:Tax Block: 2
  • General Property Information:Lot Size Acres: 0.2
  • General Property Information:Lot Size Dimensions: 60 X150
  • General Property Information:Waterfront YN: No
  • Sewer:Public Sewer: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Middle or Junior School: Meadowview
  • Location Tax and Legal:Elementary School: Hillcrest
  • Location Tax and Legal:High School: East
  • Utilities:Natural Gas Available: Yes
  • Utilities:Unknown Internet: Yes
  • Utilities:Water Available: Yes
  • Utilities:Sewer Available: Yes
  • Special Features: VirtualTour

Interior Features

  • Community Features:None4: Yes

Exterior Features

  • Lot Features: City Lot, Cleared, Corner Lot
  • Waterfront: No
  • Disclosures: None, Other
  • Lot Features:City Lot: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available, Unknown Internet

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Hillcrest
  • High School: East
  • Middle Or Junior School: Meadowview

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 0800 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 158.0
  • Tax Block: 2
  • Tax Map Number: 034I
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2024
Sold by
Bilateral Alliance Llc
Bought by
Powell Iris Marie
Current Estimated Value
$121,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$223,322
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
-$103,897

Purchase Details

Closed on
Feb 8, 2024
Sold by
Np3 Investments Llc
Bought by
Bilateral Alliance Llc

Purchase Details

Closed on
Oct 11, 2023
Sold by
Noe Sandy
Bought by
Np3 Investments Llc

Purchase Details

Listed on
Mar 20, 2023
Closed on
Apr 11, 2023
Sold by
Luttrell William Calvin Le
Bought by
Noe Sandy
Seller's Agent
Becky Jinks
WEICHERT, REALTORS - TIGER REAL ESTATE
Buyer's Agent
Brooke Patton
Crye-Leike Lakeway West
List Price
$20,000
Sold Price
$20,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.32%

Purchase Details

Closed on
May 1, 2015
Sold by
Albright Mary Sue
Bought by
Luttrell William Calvin

Purchase Details

Closed on
Apr 2, 2003
Sold by
Harbin Landa S
Bought by
Albright Mary S

Purchase Details

Closed on
Jun 11, 1971
Bought by
Harbin Ada Mae
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
Powell Iris Marie $250,000 Renaissance Title And Escrow
Powell Iris Marie $250,000 Renaissance Title And Escrow
Powell Iris Marie $250,000 Renaissance Title And Escrow
Bilateral Alliance Llc -- Lakeway Title Services
Np3 Investments Llc -- Lakeway Title Services
Noe Sandy $20,000 Lakeway Title Services
Luttrell William Calvin $7,000 --
Albright Mary S -- --
Harbin Ada Mae $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Iris Marie $225,000
Closed Powell Iris Marie $225,000
Previous Owner Albright Mary Sue $4,694
Previous Owner Albright Mary S $7,429
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Sold $20,000 0.0% --
04/04/2023 04/04/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $20,000 -- --
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 $88 $5,000 $5,000 --
2023 $88 $5,000 $0 $0
2022 $158 $5,000 $5,000 $0
2021 $88 $5,000 $5,000 $0
2020 $158 $5,000 $5,000 $0
2019 $127 $3,750 $3,750 $0
2018 $118 $3,750 $3,750 $0
2017 $116 $3,750 $3,750 $0
2016 $111 $3,750 $3,750 $0
2015 $103 $3,750 $3,750 $0
2014 -- $3,750 $3,750 $0
2013 -- $3,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 611687

Lakeway Area Association of REALTORS®

APN: 034I-L-008.00