NOT LISTED FOR SALE

4513 Majestic Magnolia Ln Morristown, TN 37814

Estimated Value: $424,000 - $460,727

3 Beds
3.5 Baths
2,593 Sq Ft
$172/Sq Ft Est. Value

Last Sold February 17, 2022

Last sale price $314,000 $121 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,428/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Solid Surface Countertops
  • Deck
  • Bonus Room
  • No HOA

About This Home

As of February 2022

3 Bedroom 3 Full Bath 1 Half Bath with 2594 sqft. On the main level, this home features an Office, Dining Room, Kitchen with Granite Countertops, Large Laundry Room, Formal Living Room with Fire Place and Larger Living Room overlooking the Backyard. On The Upper Level ,the Master Bedroom with a Vaulted Ceiling and Hardwood Floors. The Master Bathroom Features a Jacuzzi. In the Lower Level there are multiple living spaces that could be utilized multiple ways and includes a full bath. The Deck runs the width of the house and overlooks the beautiful gently sloping back yard and is surrounded by mature trees. Just Minutes to Panther Creek State Park and Cherokee Lake Access. Owner/ Agent

Last Agent to Sell the Property

Will Morrison

Morrison Properties Listed on: 09/30/2021

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM License #105

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,171

Year Built

  • Built in 1997

Lot Details

  • 0.58 Acre Lot

Parking

  • 2 Car Garage
  • Basement Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Combination Foundation
  • Frame Construction
  • Vinyl Siding
  • Block And Beam Construction

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Bonus Room
  • Wood Flooring
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank
  • Septic Permit Issued

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 23

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,171

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Zoning: Residential
  • Reso Property Sub Type: Single Family Residence
  • Road Frontage Type: City Street
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 2038.0
  • Architectural Style: Colonial
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Unit Levels: Two
  • Location Tax and Legal Tax Lot2: 23
  • Location Tax and Legal:Tax Annual Amount: 1171.17
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Lot Size Acres: 0.58
  • General Property Information Above Grade Finished Area: 2038.0
  • General Property Information Below Grade Finished Area: 555.0
  • General Property Information Below Grade Unfinished Area: 541.0
  • General Property Information Bonus Room YN2: Yes
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Flooring Wood: Yes
  • Water Source:Public: Yes
  • Architectural Style Colonial: Yes
  • Levels:Two: Yes
  • Sewer Septic Permit On File: Yes
  • Foundation Details Combination: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished, Walk-Out Access
  • Appliances: Dishwasher
  • Interior Amenities: Ceiling Fan(s), Solid Surface Counters, Walk-In Closet(s)
  • Street Number Modifier: 4513
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 555.0
  • Fireplace Features: Gas Log
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fans: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Solid Surface Counters: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.58
  • Home Warranty: No
  • Construction Type: Block, Frame, Vinyl Siding
  • Foundation Details: Combination
  • Patio And Porch Features: Deck
  • Exterior Features:Rain Gutters: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Block: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Basement, Garage Door Opener
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Basement: Yes

Utilities

  • Cooling: Electric, Heat Pump, Other
  • Sewer: Septic Tank, Septic Permit On File
  • Cooling Y N: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 25264.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1171.17
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2021
Sold by
Morrison William L
Bought by
Caughron Billy Daniel
Current Estimated Value
$445,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,200
Outstanding Balance
$230,657
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$214,525

Purchase Details

Closed on
Jul 17, 2019
Sold by
Chandler Ellen Nicole and Chandler Christopher Barron
Bought by
Morrison William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,700
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2012
Closed on
Sep 18, 2012
Sold by
Secretary Of Housing And U
Bought by
Chandler Ellen Nicole and Chandler Christopher Barron
Seller's Agent
Gordon Newman
Century 21 Legacy - Greeneville
Buyer's Agent
Non Member
Non Member
List Price
$155,000
Sold Price
$138,200
Premium/Discount to List
-$16,800
-10.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$136,256
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 2012
Sold by
Rodriquez Alejandrina B
Bought by
Secretary Of H U D %Michaelson Connor & Boul

Purchase Details

Closed on
Oct 13, 2003
Sold by
Smith Billy D
Bought by
Rodriquez Alejandrina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,219
Interest Rate
6.16%

Purchase Details

Closed on
May 16, 2003
Bought by
Rodriquez Alejandrina B

Purchase Details

Closed on
Sep 29, 1999
Bought by
Smith Billy D and Smith Kimberly

Purchase Details

Closed on
May 29, 1997
Bought by
Traweek Justen and Traweek Stephanie

Purchase Details

Closed on
Jun 30, 1993
Bought by
Jenkins Tom A and Reneau Larry D

Purchase Details

Closed on
May 15, 1944
Bought by
Murrell Murrell J and Murrell Ruth
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
Caughron Billy Daniel $314,000 None Listed On Document
Morrison William L $119,500 None Available
Chandler Ellen Nicole $138,200 --
Secretary Of H U D %Michaelson Connor & Boul $231,000 --
The Secretary Of Housing And U $231,013 --
Rodriquez Alejandrina B $169,000 --
Rodriquez Alejandrina B $169,000 --
Smith Billy D $144,000 --
Traweek Justen $135,000 --
Jenkins Tom A -- --
Murrell Melville C -- --
Murrell Murrell J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caughron Billy Daniel $251,200
Previous Owner Morrison William L $103,700
Previous Owner Chandler Ellen Nicole $136,256
Previous Owner Murrell Murrell J $157,219
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2022 05/18/22 Off Market $314,000 -- --
02/17/2022 02/17/22 Sold $314,000 0.0% $121 / Sq Ft
11/13/2021 11/13/21 Off Market $314,000 -- --
10/29/2021 10/29/21 For Sale $324,900 +3.5% $125 / Sq Ft
10/24/2021 10/24/21 Off Market $314,000 -- --
10/20/2021 10/20/21 Price Changed $324,900 -1.5% $125 / Sq Ft
10/15/2021 10/15/21 For Sale $329,900 0.0% $127 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
10/02/2021 10/02/21 For Sale $329,900 0.0% $127 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $329,900 +138.7% $127 / Sq Ft
09/18/2012 09/18/12 Sold $138,200 -10.8% $70 / Sq Ft View Prior Sale
07/24/2012 07/24/12 Pending -- -- --
07/12/2012 07/12/12 For Sale $155,000 -- $78 / Sq Ft
Source: Great Smoky Mountains 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 $1,171 $59,450 $7,175 $52,275
2023 $1,171 $59,450 $0 $0
2022 $1,171 $59,450 $7,175 $52,275
2021 $1,171 $59,450 $7,175 $52,275
2020 $1,171 $59,450 $7,175 $52,275
2019 $1,018 $47,775 $7,075 $40,700
2018 $1,018 $47,775 $7,075 $40,700
2017 $1,018 $47,775 $7,075 $40,700
2016 $951 $47,775 $7,075 $40,700
2015 $884 $47,775 $7,075 $40,700
2014 -- $47,775 $7,075 $40,700
2013 -- $57,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 245277

Great Smoky Mountains Association of REALTORS®

APN: 040H-C-023.00