NOT LISTED FOR SALE

4519 Majestic Magnolia Ln Morristown, TN 37814

Estimated Value: $419,000 - $505,000

3 Beds
2.5 Baths
2,634 Sq Ft
$179/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $289,900 $110 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,588/month

5 Days on Market

Highlights

  • Landscaped Professionally
  • Traditional Architecture
  • Whirlpool Bathtub
  • Deck
  • Wood Flooring
  • Bonus Room

About This Home

As of October 2020

Immaculate, move-in ready 2-Story basement located in established neighborhood Magnolia Pond in West Hamblen County. Hardwood & Tile flooring throughout except 2 master suites upstairs and the den down. Yes, home features 2 master BR suites, 3 BR septic however there are a total of 5 rooms as options for bedrooms; 2.5 baths, awesome screened-in back porch, large covered front porch, new back splash, new solid surface kitchen countertops, 2-yr old appliances, laundry room on main, natural gas log fireplace, dual heat & air units (1 unit is natural gas serves main level and finished room down; 2nd unit is electric and serves the upstairs). Lots & Lots of Storage; Over-sized 2-car main garage with work bench & walk-out door. HOA fee is only $50/year for power to street lights.

Last Agent to Sell the Property

Terrie Ball

Jackson Real Estate & Auction Listed on: 09/09/2020

Last Buyer's Agent

Fawn Shope

RECIPROCAL OFFICE License #351535

RECIPROCAL OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,316

Year Built

  • Built in 1998

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 106x172x108x175
  • Landscaped Professionally
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side or Rear Entrance to Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,634 Sq Ft Home
  • Ventless Fireplace
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Combination Kitchen and Dining Room
  • Den
  • Bonus Room
  • Workshop
  • Screened Porch
  • Storage Room
  • Partially Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Deck

Schools

  • West View Middle School
  • Morristown West High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank
  • Internet Available

Community Details

  • Magnolia Pond Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number Db 1764 Dp 679

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,316

Year Built

Built in 1998

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Directions: From Knoxville, I-40E, take exit 394 (US-11E) then Left onto Asheville Hwy 6 miles to Left onto Andrew Johnson Hwy 23.66 miles to Left on Panther Creek Rd, 0.84 mile to Right on Murrell Rd, 0.79 mile to Left on Majestic Magnolia Ln, 3rd house on Left. NO SIGN
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1998
  • Lot Size Acres: 0.42
  • Lot Size: 106x172x108x175
  • Subdivision Name: Magnolia Pond
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • General Property Description:Lot Size SqFt: 18295.0
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 858.0
  • General Property Description:SqFt - Down Lvl: 276.0
  • General Property Description:SqFt - 2nd Flr Lvl: 1500.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Siding:Brick2: Yes
  • Floors:Tile2: Yes
  • Basement Walkout: Yes
  • Heat:Forced Air: Yes
  • Dining Area:Breakfast Bar: Yes
  • Misc Features:Whirlpool Tub: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven, Smoke Detector
  • Has Basement: Partially Finished, Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Ventless, Gas Log
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Basement:Partially Finished: Yes
  • Other Rooms:DenStudy: Yes
  • Other Rooms:Workshop: Yes
  • Fireplace:Ventless: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl, Windows - Insulated, Porch - Covered, Porch - Screened, Prof Landscaped, Deck
  • Lot Features: Level
  • Construction Type: Vinyl Siding, Brick, Block, Frame
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Screened: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Insulated: Yes
  • Construction:Block2: Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Exterior Features:Prof Landscaped: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Side/Rear Entry, Main Level
  • GarageParking:Attached2: Yes
  • GarageParking:SideRear Entry: Yes
  • GarageParking:Main Level: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Natural Gas, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Schools

  • High School: Morristown West
  • Middle Or Junior School: West View

Lot Info

  • Lot Size Sq Ft: 18295.0
  • Parcel #: Db 1764 Dp 679
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Oct 8, 2020
Sold by
Cox Brenda R
Bought by
Bates Timothy M and Bates Brandie Andrea
Seller's Agent
Terrie Ball
Jackson Real Estate & Auction
Buyer's Agent
Fawn Shope
RECIPROCAL OFFICE
Sold Price
$289,900
Current Estimated Value
$472,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,858
Avg. Annual Appreciation
10.15%
Original Mortgage
$198,000
Outstanding Balance
$176,110
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$296,648

Purchase Details

Listed on
Jun 20, 2018
Closed on
Aug 17, 2018
Sold by
Ingram Mark and Ingram Barbara
Bought by
Cox Brenda R
Seller's Agent
Josh Weddington
Re/Max Real Estate Ten West
Buyer's Agent
Heather Walker
RE/MAX Real Estate Ten Midtown
List Price
$264,900
Sold Price
$253,000
Premium/Discount to List
-$11,900
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%

Purchase Details

Closed on
Sep 10, 1999
Bought by
Ingram Mark and Ingram Barbara

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
Bates Timothy M $289,900 Lakeway Title Services
Cox Brenda R $253,000 None Available
Ingram Mark $166,500 --
Jenkins Tom A -- --
Murrell Melville C -- --
Murrell Murrell J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bates Timothy M $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2020 10/09/20 Sold $289,900 +14.6% $110 / Sq Ft
08/22/2018 08/22/18 Sold $253,000 -4.5% $96 / Sq Ft View Prior Sale
08/02/2018 08/02/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $264,900 -- $101 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $1,316 $66,825 $6,500 $60,325
2023 $1,316 $66,825 $0 $0
2022 $1,316 $66,825 $6,500 $60,325
2021 $1,316 $66,825 $6,500 $60,325
2020 $1,250 $66,825 $6,500 $60,325
2019 $1,006 $47,250 $5,975 $41,275
2018 $1,006 $47,250 $5,975 $41,275
2017 $1,006 $47,250 $5,975 $41,275
2016 $940 $47,250 $5,975 $41,275
2015 $874 $47,250 $5,975 $41,275
2014 -- $47,250 $5,975 $41,275
2013 -- $56,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1120038

East Tennessee REALTORS® MLS

APN: 040H-C-022.00