NOT LISTED FOR SALE

502 E 4th St N Morristown, TN 37814

Estimated Value: $60,391 - $78,000

3 Beds
1 Bath
1,184 Sq Ft
$60/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $50,000 $42 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $400/month

133 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Covered patio or porch
  • Corner Lot
  • Den
  • Wood Frame Window

About This Home

As of September 2021

This bungalow sits on a level corner lot in the heart of historic Morristown. This 3 bedroom 1 bath property is ready for someone to make it their own . Loads of potential for an investor or a homeowner that is looking for a project. This property is being sold "as is". Cash or conventional only.

Last Agent to Sell the Property

Laura Dickerson

Re/Max Real Estate Ten Midtown License #326690 Listed on: 04/19/2021

Re/Max Real Estate Ten Midtown

Last Buyer's Agent

Laura Dickerson

RE/MAX Real Estate Ten Midtown License #326690

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $518

Year Built

  • Built in 1910

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 71 x 150 x 71 x 150
  • Corner Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Block Foundation
  • Wood Siding

Interior Spaces

  • 1,184 Sq Ft Home
  • 1-Story Property
  • Metal Fireplace
  • Wood Frame Window
  • Living Room with Fireplace
  • Den
  • Vinyl Flooring
  • Storm Windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

  • Partial Basement
  • Block Basement Construction

Utilities

  • No Cooling
  • No Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • City Lot

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 0018.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$518

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 1910
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Lot Size: 71 x 150 x 71 x 150
  • Subdivision Name: None
  • Directions: East first North to Anderson Street. Cross over 2nd north at stop sign. Left on 4th North. Property on corner of 4th North and Franklin. See Sign
  • Above Grade Finished Sq Ft: 1184.0
  • Architectural Style: Traditional
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 518.34
  • Location Tax and Legal:Tax Year2: 2020
  • Location Tax and Legal:Parcel Number2: 0018.00
  • Utilities:Cable Available: Yes
  • Water Source:Public: Yes
  • General Property Information:Spa YN: No
  • Additional Dwelling:Additional Dwelling YN: No
  • Foundation Details:Block3: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Levels:One: Yes
  • Flooring:Vinyl: Yes
  • Laundry Features:Laundry Room: Yes
  • Utilities:Natural Gas Not Available: Yes
  • Laundry Features:Main Level: Yes
  • Room Types:Foyer: Yes
  • Room Types:Den2: Yes
  • Architectural Style:Traditional: Yes
  • Room Types:Laundry: Yes
  • Roof:Metal: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Vinyl
  • Appliances: Electric Water Heater
  • Basement: Block, Partial
  • Levels: One
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Metal, Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1184.0
  • Window Features: Storm Window(s), Wood Frames
  • Basement:Block: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Living Room: Yes
  • Appliances:Electric Water Heater: Yes
  • Basement:Partial: Yes
  • Fireplace Features:Other13: Yes

Exterior Features

  • Lot Features: City Lot, Corner Lot, Level
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Other Structures: None
  • Patio And Porch Features: Covered, Porch
  • Lot Features:City Lot: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Window Features:Wood Frames: Yes
  • Lot Features:Corner Lot: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

  • Garage Yn: No
  • Attached Garage: No
  • Parking Features: Gravel
  • General Property Information:Garage YN: No
  • Parking Features:Gravel: Yes

Utilities

  • Cooling: None
  • Heating: None
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
  • Cooling Y N: No
  • Heating Yn: No
  • Utilities: Cable Available, Natural Gas Not Available
  • Heating:None11: Yes

Condo/Co-op/Association

  • Amenities: Cable TV, Laundry
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Cable TV: Yes
  • Horse Amenities:None10: Yes

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 10454.4
  • Parcel #: 0018.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 518.34
  • Tax Map Number: 034H
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Sep 16, 2021
Sold by
Carter Robert John and Bible Patricia
Bought by
Adams Rentals Llc
Seller's Agent
Laura Dickerson
Re/Max Real Estate Ten Midtown
Buyer's Agent
Laura Dickerson
Re/Max Real Estate Ten Midtown
List Price
$79,900
Sold Price
$50,000
Premium/Discount to List
-$29,900
-37.42%
Total Days on Market
133
Current Estimated Value
$70,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,848
Avg. Annual Appreciation
9.77%

Purchase Details

Closed on
Mar 28, 1968
Bought by
Carter Jean E
Source: Public Records

Range of Values:

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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
Adams Rentals Llc $50,000 Blue Ridge Title Company Llc
Carter Jean E -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $50,000 -37.4% $42 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $79,900 -- $67 / 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 $51 $2,900 $2,900 --
2023 $51 $2,900 $0 $0
2022 $92 $2,900 $2,900 $0
2021 $519 $16,425 $2,900 $13,525
2020 $518 $16,425 $2,900 $13,525
2019 $464 $13,650 $2,600 $11,050
2018 $430 $13,650 $2,600 $11,050
2017 $423 $13,650 $2,600 $11,050
2016 $404 $13,650 $2,600 $11,050
2015 $376 $13,650 $2,600 $11,050
2014 -- $13,650 $2,600 $11,050
2013 -- $14,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 601440

Lakeway Area Association of REALTORS®

APN: 034H-B-018.00