$165,000
SOLD MAY 29, 2019

515 N Fairmont Ave Morristown, TN 37814

3 Beds
2 Baths
2,500 Sq Ft
0.97 Acres

Recently Sold

$66 Per Sq Ft

15% Below List Price

235 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Great Room
  • Ranch Style House
  • Corner Lot
  • No HOA

About This Home

As of February 2025

This historic home has been completely renovated featuring a new kitchen featuring custom cabinets, flooring, stainless appliances and smooth top stove. There is hardwood flooring throughout, new carpet in the den along with tile in the bathrooms. The house has new central H/A along with a Centricon System.

Last Agent to Sell the Property

Terry Ball

RE/MAX Real Estate Ten Commercial Listed on: 09/07/2018

Last Buyer's Agent

Laura Dickerson

Re/Max Real Estate Ten Midtown License #326690

Re/Max Real Estate Ten Midtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,166

Year Built

  • Built in 1940

Lot Details

  • 0.97 Acre Lot
  • Corner Lot
  • Level Lot
  • Wooded Lot

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Porch
  • City Lot

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,166

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Carport Y N: No
  • Year Built: 1940
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.97
  • Lot Size: 226/245/243/182
  • Subdivision Name: None
  • Directions: From W 1st North, turn Right onto N Fairmont. Property is at corner of N Fairmont and Country Club Dr.
  • Above Grade Finished Sq Ft: 2500.0
  • Architectural Style: Ranch, Traditional
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 1165.6
  • Location Tax and Legal:Tax Year2: 2017
  • Location Tax and Legal:Parcel Number2: 001.00
  • General Property Information:Lot Size Acres: 0.97
  • General Property Information:Lot Size Dimensions: 226/245/243/182
  • General Property Information:Waterfront YN: No
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Water Source:Public: Yes
  • General Property Information:Living Area2: 2500.0
  • General Property Information:Above Grade Finished Area: 2500.0
  • 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
  • Appliances Refrigerators: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Carpet: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Levels:One: Yes
  • Roof:Shingle: Yes
  • Room Types:Basement3: Yes
  • Room Types:Living Room2: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Natural Gas Available: Yes
  • Cooling:Central Air: Yes
  • Appliances Disposal: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Main Level: Yes
  • Room Types:Great Room2: Yes
  • Architectural Style:Traditional: Yes
  • Room Types:Laundry: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Basement: Unfinished
  • Levels: One
  • Interior Amenities: Pantry, Walk-In Closet(s)
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2500.0
  • Window Features: Vinyl Frames
  • Appliances Dishwasher: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Living Room: Yes
  • Appliances Range: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Family Room: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: City Lot, Corner Lot, Level, Wooded, Other
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Asphalt, Brick, Wood Siding
  • Patio And Porch Features: Porch
  • Lot Features:City Lot: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Other21: Yes
  • Window Features:Vinyl Frames: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Garage Yn: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Basement, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage: Yes
  • General Property Information:Carport YN: No
  • Parking Features:Basement2: Yes
  • Parking Features:Asphalt: Yes

Utilities

  • Cooling: Central Air, Other
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Heating:Central: 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

Lot Info

  • Lot Size Sq Ft: 42253.2
  • Parcel #: 001.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1165.6
  • Tax Map Number: 033N
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
Feb 24, 2025
Sold by
Mcmaster Timothy Edward and Mc Janet
Bought by
Delph Christopher B
Seller's Agent
Jonathan Minerick
Homecoin.com
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$395,900
Sold Price
$350,000
Premium/Discount to List
-$45,900
-11.59%
Views
33
Current Estimated Value
$344,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,172
Avg. Annual Appreciation
-5.83%
Original Mortgage
$332,500
Outstanding Balance
$331,102
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$7,115

Purchase Details

Closed on
Nov 22, 2019
Sold by
Mcmaster Timothy Edward and Mcmaster Janet Sue
Bought by
Mcmaster Timothy Edward and Mcmaster Janet Sue

Purchase Details

Listed on
Sep 7, 2018
Closed on
May 29, 2019
Sold by
Matson Scott
Bought by
Mcmaster T E and Mcmaster Janet
Seller's Agent
Terry Ball
RE/MAX Real Estate Ten Commercial
Buyer's Agent
Laura Dickerson
Re/Max Real Estate Ten Midtown
List Price
$195,000
Sold Price
$165,000
Premium/Discount to List
-$30,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.03%

Purchase Details

Closed on
Jun 6, 2013
Sold by
Trobaugh Cynthia Parrott
Bought by
Matson Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 1963
Bought by
Trobaugh Ruby Mrs
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 Type Sale Price Title Company
Warranty Deed $350,000 Colonial Title Group
Warranty Deed $350,000 Colonial Title Group
Interfamily Deed Transfer -- None Available
Warranty Deed $165,000 None Available
Warranty Deed $75,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $332,500 New Conventional
Closed $332,500 New Conventional
Previous Owner $308,297 New Conventional
Previous Owner $63,750 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 Sold $350,000 -11.6% $172 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
02/06/2025 02/06/25 For Sale $395,900 0.0% $195 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
01/22/2025 01/22/25 For Sale $395,900 +139.9% $195 / Sq Ft
05/29/2019 05/29/19 Sold $165,000 -15.4% $66 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
09/07/2018 09/07/18 For Sale $195,000 -- $78 / 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 $845 $48,000 $11,650 $36,350
2023 $845 $48,000 $0 $0
2022 $1,517 $48,000 $11,650 $36,350
2021 $1,517 $48,000 $11,650 $36,350
2020 $1,515 $48,000 $11,650 $36,350
2019 $1,278 $37,600 $10,900 $26,700
2018 $1,184 $37,600 $10,900 $26,700
2017 $1,165 $37,600 $10,900 $26,700
2016 $1,113 $37,600 $10,900 $26,700
2015 $1,036 $37,600 $10,900 $26,700
2014 -- $37,600 $10,900 $26,700
2013 -- $42,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 580205

Lakeway Area Association of REALTORS®

APN: 033N-J-001.00