NOT LISTED FOR SALE

513 Morgan Ridge Rd Wartburg, TN 37887

Estimated Value: $468,000 - $568,000

2 Beds
2 Baths
1,672 Sq Ft
$310/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $257,000 $154 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,686/month

533 Days on Market

Highlights

  • Barn
  • Private Lot
  • Wood Flooring
  • Mountain View
  • Wooded Lot
  • Covered Patio or Porch

About This Home

As of April 2020

Don't miss your chance to own this custom built cabin located just steps away from the Catoosa Wildlife Management Area!!! Privacy, gorgeous views, and minutes from Obed River are just a few great things this cabin has to offer. Features also include: cathedral ceilings, intricate wrought iron staircase handrail designs, a sleeping loft equipped with a murphy bed, a spacious master bedroom with a whirlpool tub in the master bath, custom cabinets in the kitchen with cast iron electric stove, 3/4 wrap around porch, partially finished basement with finished room, dog kennels, a storage shed, a small barn with feed troughs, and so much more! Call today for your private showing!

Last Agent to Sell the Property

Elaine Walden

East Tennessee Properties, LLC License #341214 Listed on: 09/23/2018

Co-Listed By

Janet Nelson

East Tennessee Properties, LLC License #347299

Last Buyer's Agent

Katie Snell

Mountains to Lakes Real Estate License #351313

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,860

Year Built

  • Built in 2013

Lot Details

  • 9.81 Acre Lot
  • Private Lot
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Side or Rear Entrance to Parking

Home Design

  • Log Cabin
  • Wood Siding
  • Rough-In Plumbing

Interior Spaces

  • 1,672 Sq Ft Home
  • Insulated Windows
  • Living Room
  • Utility Room
  • Wood Flooring
  • Mountain Views
  • Partially Finished Basement
  • Walk-Out Basement
  • Storm Doors

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage

Schools

  • Wartburg Middle School
  • Wartburg High School

Additional Features

  • Barn
  • Zoned Heating and Cooling System

Community Details

  • Obed Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 105 017.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,860

Year Built

Built in 2013

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Directions: From Catoosa Rd going toward Catoosa Wildlife Management Area: After you cross Nemo Bridge, go .30 miles and turn right on to Morgan Ridge Rd. Go .4 miles to the fork in the rd & keep right. Go .4 miles, driveway is on the left. Directional arrows start at Catoosa Rd/Morgan Ridge Rd. SOP
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2013
  • Lot Size Acres: 9.81
  • Co List Office Mls Id: 2724
  • Co List Office Phone: 423-334-0070
  • Subdivision Name: Obed Ridge
  • Architectural Style: Cabin, Log
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Microwave, Washer
  • Has Basement: Partially Finished, Plumbed, Walkout
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Windows - Insulated, Porch - Covered, Doors - Storm
  • View: Mountain View
  • Lot Features: Private, Wooded
  • Construction Type: Wood Siding
  • Other Structures: Storage, Barn(s), Workshop

Garage/Parking

  • Attached Garage: No
  • Parking Features: Side/Rear Entry

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Schools

  • High School: Wartburg
  • Middle Or Junior School: Wartburg

Lot Info

  • Lot Size Sq Ft: 427323.6
  • Parcel #: 105 017.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2018
Closed on
Apr 30, 2020
Sold by
Willis James J and Willis Lynsey
Bought by
Watson Nicholas Kendrick and Watson Amber Leanne
Seller's Agent
Elaine Walden
East Tennessee Properties, LLC
Buyer's Agent
Katie Snell
Mountains to Lakes Real Estate
Sold Price
$257,000
Current Estimated Value
$459,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,997
Avg. Annual Appreciation
11.66%
Original Mortgage
$259,595
Outstanding Balance
$233,726
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$227,299

Purchase Details

Listed on
Apr 13, 2018
Closed on
Jun 6, 2018
Sold by
Morgan Ronald W
Bought by
Willis James J
Seller's Agent
Glenna Aytes
Mountains to Lakes Real Estate
Buyer's Agent
Sharon Vagasky
Realty Executives Associates, Inc.
Sold Price
$219,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$221,212
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2005
Sold by
Not Provided
Bought by
Morgan Ronald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,637
Interest Rate
5.68%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Watson Nicholas Kendrick $257,000 Radiant Title Llc
Willis James J $219,000 --
Morgan Ronald W $30,000 --
Morgan Ronald W $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Nicholas Kendrick $259,595
Previous Owner Willis James J $221,212
Previous Owner Morgan Ronald W $152,000
Previous Owner Morgan Ronald W $52,500
Previous Owner Morgan Ronald W $30,637
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $257,000 +17.4% $154 / Sq Ft
07/06/2018 07/06/18 Sold $219,000 -- $134 / 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 $1,860 $68,400 $9,600 $58,800
2023 $1,860 $68,400 $9,600 $58,800
2022 $1,809 $66,550 $9,600 $56,950
2021 $1,809 $66,550 $9,600 $56,950
2020 $2,114 $66,550 $9,600 $56,950
2019 $2,114 $64,650 $8,000 $56,650
2018 $1,104 $37,600 $8,000 $29,600
2017 $1,067 $33,775 $8,000 $25,775
2016 $1,067 $33,775 $8,000 $25,775
2015 $1,047 $33,775 $8,000 $25,775
2014 -- $35,275 $8,575 $26,700
2013 $1,093 $35,261 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Elaine Walden

    East Tennessee Properties, LLC

    (423) 619-6748

    106 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Janet Nelson

    East Tennessee Properties, LLC

  • K

    Buyer's Agent in 2020

    Katie Snell

    Mountains to Lakes Real Estate

    Section Image

  • G

    Seller's Agent in 2018

    Glenna Aytes

    Mountains to Lakes Real Estate

    (865) 235-7764

    55 Total Sales

    Section Image

  • S

    Buyer's Agent in 2018

    Sharon Vagasky

    Realty Executives Associates, Inc.

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1057154

East Tennessee REALTORS® MLS

APN: 105-017.00

Tennessee Morgan County Wartburg 37887

513 Morgan Ridge Rd, Wartburg, TN

This home is located at 513 Morgan Ridge Rd, Wartburg, TN 37887 since 23 September 2018 and is currently estimated at $517,723, approximately $309 per square foot. This property was built in 2013. 513 Morgan Ridge Rd is a home located in Morgan County with nearby schools including Central Elementary School, Petros Joyner Elementary School, and Central Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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