NOT LISTED FOR SALE

501 Lee Dr Morristown, TN 37814

Estimated Value: $187,000 - $242,000

2 Beds
1 Bath
1,123 Sq Ft
$186/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $100,000 $89 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $1,142/month

Highlights

  • Ranch Style House
  • No HOA
  • Central Heating and Cooling System
  • 1 Fireplace
  • Attached Carport
  • 2 Car Garage

About This Home

As of July 2021

This home is located at 501 Lee Dr, Morristown, TN 37814 since 23 September 2020 and is currently estimated at $209,106, approximately $186 per square foot. This property was built in 1955. 501 Lee Dr is a home located in Hamblen County with nearby schools including Manley Elementary School, West View Middle School, and Morristown West High School.

Last Agent to Sell the Property

Adren Greene

The Realty House, Inc License #6281 Listed on: 09/23/2020

Last Buyer's Agent

Adren Greene

The Realty House, Inc License #6281 Listed on: 09/23/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $482

Year Built

  • Built in 1955

Lot Details

  • 0.32

Parking

  • 2 Car Garage
  • Attached Carport

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,123 Sq Ft Home
  • 1 Fireplace
  • Laundry on main level
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 011.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$482

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Carport Y N: No
  • Year Built: 1955
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 98/194.15/99.8/212.98
  • Subdivision Name: None
  • Directions: West A.J. Hwy to Ridgeview Subdivision Turn right, yield right on Lee Drive House on left
  • Above Grade Finished Sq Ft: 2374.0
  • Architectural Style: Ranch
  • New Construction: No
  • Location Tax and Legal:Parcel Number2: 011.00
  • General Property Information:Lot Size Dimensions: 98/194.15/99.8/212.98
  • General Property Information:Waterfront YN: No
  • General Property Information:Living Area2: 1123.0
  • General Property Information:Above Grade Finished Area: 2374.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: Yes
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Additional Dwelling:Additional Dwelling YN: No
  • Architectural Style:Ranch: Yes
  • Flooring:Carpet: Yes
  • Levels:One: Yes
  • Roof:Shingle: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Vinyl: Yes
  • Cooling:Central Air: Yes
  • Laundry Features:Main Level: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement: Unfinished
  • Levels: One
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Living Area: 1123.0
  • Fireplace Features:Fireplaces Total: 1
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Construction Materials:Brick: Yes

Garage/Parking

  • Garage Yn: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Attached Carport
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Carport YN: No
  • Parking Features:Attached Carport: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 011.00

Tax Info

  • Tax Map Number: 041A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Jul 2, 2021
Sold by
Strader Jindy Jo and Button Randy
Bought by
Cameron Justin and Cameron Megan
Seller's Agent
Adren Greene
The Realty House, Inc
Buyer's Agent
Adren Greene
The Realty House, Inc
List Price
$120,000
Sold Price
$100,000
Premium/Discount to List
-$20,000
-16.67%
Current Estimated Value
$209,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,106
Avg. Annual Appreciation
18.30%

Purchase Details

Closed on
Mar 31, 2021
Sold by
Strader Jindy Jo and Button Randy
Bought by
Strader Jindy Jo and Button Randy

Purchase Details

Closed on
Feb 10, 1989
Bought by
Standifer Ralph D and Standifer Mary

Purchase Details

Closed on
Feb 4, 1955
Bought by
Standifer Ralph D
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
Cameron Justin $100,000 Blue Ridge Title Company Llc
Strader Jindy Jo -- None Available
Strader Jindy Jo -- None Available
Standifer Ralph D $38,000 --
Standifer Ralph D -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2021 07/02/21 Sold $100,000 -16.7% $89 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $120,000 -- $107 / 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 $482 $27,400 $4,950 $22,450
2023 $482 $27,400 $0 $0
2022 $885 $28,000 $5,550 $22,450
2021 $885 $28,000 $5,550 $22,450
2020 $884 $28,000 $5,550 $22,450
2019 $837 $24,625 $5,300 $19,325
2018 $776 $24,625 $5,300 $19,325
2017 $764 $24,625 $5,300 $19,325
2016 $729 $24,625 $5,300 $19,325
2015 $678 $24,625 $5,300 $19,325
2014 -- $24,625 $5,300 $19,325
2013 -- $26,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 590464

Lakeway Area Association of REALTORS®

APN: 041A-B-011.00