NOT LISTED FOR SALE

504 Lee Dr Morristown, TN 37814

Estimated Value: $192,000 - $270,000

2 Beds
2 Baths
912 Sq Ft
$243/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $124,900 $137 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,212/month

23 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Porch
  • Ranch Style House
  • No HOA
  • Double Pane Windows

About This Home

As of July 2018

This house has it all: It is a great starter home featuring an open layout with 2 bedrooms and 2 baths. Located conveniently right in the center of town, it still highlights a quiet, safe neighborhood. Its lot is large and level showcasing its mature trees and large deck with built-in seating in back. Additionally, this home features a partial basement for extra storage, walk-in closet in Master BR, replacement windows, hardwood floors, separate laundry room, and garage. You won't find this many amenities in a home this size ever!

Last Agent to Sell the Property

Robin Epps

Crye-Leike Lakeway Real Estate License #344812 Listed on: 05/20/2018

Crye-Leike Lakeway Real Estate

Last Buyer's Agent

Norma Elkins

Elite Realty Group License #311601

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $721

Year Built

  • Built in 1957

Lot Details

  • 0.34

Parking

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

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 912 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Living Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

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

Basement

  • Walk-Out Basement
  • Partial Basement
  • Block Basement Construction

Outdoor Features

  • Deck
  • Porch

Schools

  • Manley Elementary School
  • Westview Middle School
  • West High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Level Lot
  • City Lot

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 052.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$721

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Carport Y N: No
  • Year Built: 1957
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 96/157/99/156
  • Subdivision Name: Other
  • Directions: From W. Andrew Johnson Highway, turn onto Lee Drive. This is across the street from Lakeway Auto and beside Express Lane Oil. Bear right at the forks of the road. House is tenth on the right with sign in the yard.
  • Above Grade Finished Sq Ft: 912.0
  • Architectural Style: Ranch
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 720.75
  • Location Tax and Legal:Tax Year2: 2017
  • Location Tax and Legal:Parcel Number2: 052.00
  • General Property Information:Lot Size Dimensions: 96/157/99/156
  • 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: West
  • General Property Information:Living Area2: 912.0
  • General Property Information:Above Grade Finished Area: 912.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Additional Dwelling:Additional Dwelling YN: No
  • Appliances Refrigerators: Yes
  • Architectural Style:Ranch: Yes
  • Cooling:Heat Pump: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Levels:One: Yes
  • Roof:Shingle: Yes
  • Room Types:Living Room2: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Hardwood: Yes
  • Utilities:Natural Gas Available: Yes
  • Cooling:Electric: Yes
  • Laundry Features:Laundry Room: Yes
  • Laundry Features:Main Level: Yes
  • Room Types:Laundry: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Basement: Block, Partial, Walk-Out Access
  • Levels: One
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 912.0
  • Window Features: Blinds, Double Pane Windows, Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Basement:Block: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Basement:Partial: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: City Lot, Level
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Asphalt, Brick, Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Porch
  • Lot Features:City Lot: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Patio And Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Window Features:Vinyl Frames: Yes

Garage/Parking

  • Garage Yn: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage, Garage Door Opener, Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Kitchen Level: Yes
  • General Property Information:Carport YN: No
  • Parking Features:Asphalt: Yes

Utilities

  • Cooling: Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Heating:Heat Pump2: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Amenities: Laundry
  • Association Fee Frequency: Monthly
  • Association: No

Association/Amenities

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

Schools

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

Lot Info

  • Parcel #: 052.00

Tax Info

  • Tax Annual Amount: 720.75
  • Tax Map Number: 041A
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2022
Sold by
Backer Bradley W and Backer Taylor
Bought by
Kovachik Alexander C
Current Estimated Value
$221,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,003
Outstanding Balance
$152,094
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
$69,290

Purchase Details

Listed on
May 20, 2018
Closed on
Jul 20, 2018
Sold by
Baker Katherine N
Bought by
Backer Bradley W
Seller's Agent
Robin Epps
Crye-Leike Lakeway Real Estate
Buyer's Agent
Norma Elkins
Elite Realty Group
List Price
$124,900
Sold Price
$124,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$122,637
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 9, 2009
Sold by
Executive Places Gp
Bought by
Baker Katherine N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,919
Interest Rate
5.53%

Purchase Details

Closed on
Sep 28, 2007
Bought by
Executive Places Gpa %Rhonda H Krenzer

Purchase Details

Closed on
Jun 30, 2003
Sold by
Kyle Jeffrey W
Bought by
Beelaert Catherine L

Purchase Details

Closed on
Nov 18, 2002
Sold by
Leming Donald W
Bought by
Kyle Jeffrey W

Purchase Details

Closed on
Apr 21, 1987
Bought by
Sedlack Randy M

Purchase Details

Closed on
Feb 29, 1980
Bought by
Barile Peter W and Barile Barbara C
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
Kovachik Alexander C $159,900 Colonial Title Group
Backer Bradley W $124,900 Colonial Title Group Inc
Baker Katherine N $103,800 --
Executive Places Gpa %Rhonda H Krenzer $2,625,200 --
Beelaert Catherine L $72,000 --
Kyle Jeffrey W $54,400 --
Sedlack Randy M $36,500 --
Barile Peter W $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kovachik Alexander C $157,003
Closed Kovachik Alexander C $5,597
Previous Owner Backer Bradley W $122,637
Previous Owner Barile Peter W $101,919
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2018 07/20/18 Sold $124,900 0.0% $137 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
05/20/2018 05/20/18 For Sale $124,900 -- $137 / 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 $557 $31,625 $5,100 $26,525
2023 $557 $31,625 $0 $0
2022 $1,000 $31,625 $5,100 $26,525
2021 $1,000 $31,625 $5,100 $26,525
2020 $998 $31,625 $5,100 $26,525
2019 $791 $23,250 $4,900 $18,350
2018 $733 $23,250 $4,900 $18,350
2017 $721 $23,250 $4,900 $18,350
2016 $688 $23,250 $4,900 $18,350
2015 $640 $23,250 $4,900 $18,350
2014 -- $23,250 $4,900 $18,350
2013 -- $23,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 578591

Lakeway Area Association of REALTORS®

APN: 041A-A-052.00