NOT LISTED FOR SALE

5037 Cottonseed Way Morristown, TN 37813

Estimated Value: $288,000 - $396,000

3 Beds
2.5 Baths
2,164 Sq Ft
$159/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $301,415 $139 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,200/month

159 Days on Market

Highlights

  • New Construction
  • Great Room
  • Patio
  • Bonus Room
  • Double Pane Windows
  • Laundry Room

About This Home

As of November 2023

This is our Penwell Plan, Elevation F. 2 Story home with Espresso Shaker Cabinets in Kitchen and bathrooms, Granite Countertops in Kitchen, Whirlpool SS appliances. Does not include refrigerator or Washer and Dryer. Rev-wood Flooring throughout the first floor and carpet in all bedrooms, stairs and upstairs hall. This home comes equipped with a Smart Home package. Subdivision is Mill Ridge, located in the southwest Morristown area. Taxes are estimated. For more information or to schedule a showing, Call/Text list agent.

Last Agent to Sell the Property

Darlene Slone

CRYE-LEIKE LAKEWAY REAL ESTATE License #359566 Listed on: 05/03/2023

CRYE-LEIKE LAKEWAY REAL ESTATE

Last Buyer's Agent

Darlene Slone

CRYE-LEIKE LAKEWAY REAL ESTATE License #359566 Listed on: 05/03/2023

CRYE-LEIKE LAKEWAY REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,114

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 60'x150'x60'x150'
  • Level Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 2,164 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Blinds
  • Great Room
  • Bonus Room
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

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

Schools

  • Manley Elementary School
  • Westview Middle School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • City Lot

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 039

Community Details

Overview

  • Renee Mccammon/ Renee@Hoatn.Com Association
  • Mill Ridge Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,114

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Carport Y N: No
  • Year Built: 2023
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Lot Size: 60'x150'x60'x150'
  • Subdivision Name: Mill Ridge
  • Directions: From I40 Knoxville: Take exit 394 toward US-11E/US-25W/US-70. Go for 0.2 mi. Then 0.24 miles, Turn left onto Asheville Hwy (US-70). Go for 6.1 mi., Then 6.07 miles, Keep left onto Andrew Johnson Hwy (US-11E N). Go for 22.5 mi., Then 22.49 miles, Turn right onto Air Park Blvd (TN-160/TN-342). Go for 1.3 mi., Then 1.31 miles, Turn left onto Dearing Rd., Turn left onto Blue Jay Way, Right onto
  • Above Grade Finished Sq Ft: 2164.0
  • New Construction: Yes
  • Location Tax and Legal:Tax Annual Amount: 2114.0
  • Location Tax and Legal:Tax Year2: 2023
  • Location Tax and Legal:Parcel Number2: 039
  • General Property Information:Lot Size Acres: 0.22
  • General Property Information:Lot Size Dimensions: 60'x150'x60'x150'
  • General Property Information:Waterfront YN: No
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Elementary School: Manley
  • Location Tax and Legal:Middle Or Junior School2: Westview
  • Location Tax and Legal:High School: Other
  • General Property Information:Bathrooms Half: 1
  • General Property Information:Living Area2: 2164.0
  • General Property Information:Above Grade Finished Area: 2164.0
  • General Property Information:New Construction YN: Yes
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: Yes
  • Additional Dwelling:Additional Dwelling YN: No
  • Flooring:Carpet: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Roof:Shingle: Yes
  • General Property Information:Basement YN: No
  • Flooring:Vinyl: Yes
  • Levels:Two: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Central Air: Yes
  • Appliances Disposal: Yes
  • Flooring:Laminate: Yes
  • Foundation Details:Slab: Yes
  • Laundry Features:Laundry Room: Yes
  • Laundry Features:Upper Level: Yes
  • Room Types:Bonus Room: Yes
  • Utilities:Natural Gas Not Available: Yes
  • Appliances Microwave: Yes
  • Room Types:Foyer: Yes
  • Room Types:Great Room2: Yes
  • Room Types:Laundry: Yes
  • Special Features: 4098

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range
  • Levels: Two
  • Interior Amenities: Other
  • Private Spa: No
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 2164.0
  • Window Features: Blinds, Double Pane Windows, Vinyl Frames
  • Community Features:None4: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Other19: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: City Lot, Level, Other
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Brick, Shingle Siding, Vinyl Siding
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Patio
  • Lot Features:City Lot: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Level: Yes
  • Window Features:Double Pane Windows: Yes
  • Lot Features:Other21: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Blinds: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Shingle Siding: Yes

Garage/Parking

  • Garage Yn: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Garage, Garage Door Opener, Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Concrete4: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Kitchen Level: Yes
  • General Property Information:Carport YN: No

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Upper Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Not Available
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: None
  • Amenities: Laundry
  • Association Fee: 25.0
  • Association Fee Frequency: Monthly
  • Association Name: Renee McCammon/ renee@hoatn.com
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 25.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Name: Renee McCammon/ renee@hoatn.com
  • Horse Amenities:None10: Yes

Schools

  • Elementary School: Manley
  • High School: Other
  • Middle Or Junior School: Westview

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 9583.2
  • Parcel #: 039
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2114.0
  • Tax Map Number: 0480
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Nov 2, 2023
Sold by
D R Horton Inc
Bought by
Silva Ricardo and Valaretto Lygia
Seller's Agent
Darlene Slone
CRYE-LEIKE LAKEWAY REAL ESTATE
Buyer's Agent
Darlene Slone
CRYE-LEIKE LAKEWAY REAL ESTATE
List Price
$306,415
Sold Price
$301,415
Premium/Discount to List
-$5,000
-1.63%
Views
106
Current Estimated Value
$344,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,632
Avg. Annual Appreciation
7.09%
Original Mortgage
$241,132
Outstanding Balance
$236,917
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$107,130
Source: Public Records

Range of Values:

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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
Silva Ricardo $301,415 None Listed On Document
Silva Ricardo $301,415 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Ricardo $241,132
Closed Silva Ricardo $241,132
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2023 11/02/23 Sold $301,415 0.0% $139 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
10/06/2023 10/06/23 Price Changed $301,415 -1.6% $139 / Sq Ft
05/03/2023 05/03/23 For Sale $306,415 -- $142 / 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 -- $64,650 $5,000 $59,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 612223

Lakeway Area Association of REALTORS®

APN: 048O-I-039.00