NOT LISTED FOR SALE

518 E 2nd St N Morristown, TN 37814

Estimated Value: $252,737 - $329,000

4 Beds
2.5 Baths
2,500 Sq Ft
$109/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $175,000 $70 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,482/month

13 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Double Pane Windows
  • No HOA
  • Separate Outdoor Workshop
  • Walk-In Closet

About This Home

As of October 2020

Great full brick 4 BR, 2.5 BA home located very conveniently in Morristown's Historic District. Home features beautiful hardwood floors, replacement windows, newer metal roof, private fenced backyard, full unfinished basement, and shaded lot w/mature trees. The main level consists of master BR w/extra large walk in closet and full bath, formal dining room, half bath, large living room, kitchen and large laundry room. The upper level has 3 BR and full bath. There is a full dry unfinished concrete floor basement w/four rooms which would be great for storage and /or work shop. This is a very solidly built house (metal I-beam support) located in great old downtown neighborhood and still retains all it's old house charm. Call agent for showing and lock box code.

Last Agent to Sell the Property

Joe Whiteside

RE/MAX Real Estate Ten Midtown License #303503 Listed on: 08/12/2020

RE/MAX Real Estate Ten Midtown

Last Buyer's Agent

Marti Dotson

Jackson Real Estate & Auction License #254031

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,049

Year Built

  • Built in 1947

Lot Details

  • Fenced
  • Level Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,500 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Metal Fireplace
  • Double Pane Windows
  • Tilt-In Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Location

  • City Lot

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 023.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,049

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 1947
  • Fencing: Fenced
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 60/104/60/105
  • Subdivision Name: Other
  • Directions: From 1st North turn onto North Cumberland and proceed to East 2nd North St and turn right onto East 2nd North. House will be on right about 1/2 mile.
  • Above Grade Finished Sq Ft: 2500.0
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 1048.9
  • Location Tax and Legal:Tax Year2: 2019
  • Location Tax and Legal:Parcel Number2: 023.00
  • General Property Information:Lot Size Dimensions: 60/104/60/105
  • General Property Information:Waterfront YN: No
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Water Source:Public: Yes
  • General Property Information:Bathrooms Half: 1
  • 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: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Additional Dwelling:Additional Dwelling YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Flooring:Tile: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Room Types:Basement3: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Natural Gas Available: Yes
  • Cooling:Central Air: Yes
  • Cooling:Electric: Yes
  • Laundry Features:Laundry Room: Yes
  • Utilities:Natural Gas Connected: Yes
  • Appliances Microwave: Yes
  • Fencing:Fenced: Yes
  • Laundry Features:Main Level: Yes
  • Levels:One and One Half: Yes
  • Other Structures:Workshop: Yes
  • Roof:Metal: Yes
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile, Vinyl
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
  • Basement: Full, Unfinished
  • Levels: One and One Half
  • Interior Amenities: Ceiling Fan(s), Pantry, Walk-In Closet(s)
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Metal
  • Fireplace: No
  • Living Area: 2500.0
  • Window Features: Double Pane Windows, Tilt Windows, Vinyl Frames
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Oven: Yes
  • Appliances:Gas Range: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Lot Features: City Lot, Level, Other
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Other Structures: Workshop
  • Patio And Porch Features: Covered, Porch
  • Lot Features:City Lot: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Level: Yes
  • Window Features:Double Pane Windows: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Other21: Yes
  • Window Features:Tilt Windows: Yes
  • Window Features:Vinyl Frames: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Natural Gas
  • 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, Natural Gas Connected
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: No

Association/Amenities

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

Lot Info

  • Parcel #: 023.00

Tax Info

  • Tax Annual Amount: 1048.9
  • Tax Map Number: 0341
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Oct 13, 2020
Sold by
Pollock Robert A
Bought by
Phillips David S and Minton Sarah B
Seller's Agent
Joe Whiteside
RE/MAX Real Estate Ten Midtown
Buyer's Agent
Marti Dotson
Jackson Real Estate & Auction
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%
Current Estimated Value
$273,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,434
Avg. Annual Appreciation
9.26%
Original Mortgage
$140,000
Outstanding Balance
$124,523
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$148,911

Purchase Details

Closed on
Dec 15, 1999
Sold by
Dieringer Marcus and Dieringer Donna
Bought by
Robert Pollock

Purchase Details

Closed on
Jul 1, 1998
Bought by
Dieringer Marcus and Dieringer Donna

Purchase Details

Closed on
Oct 19, 1992
Bought by
Jones Gregory Scott and Amy Lynne

Purchase Details

Closed on
Jan 31, 1985
Bought by
Scott Henry E and Scott June F

Purchase Details

Closed on
Sep 10, 1976
Bought by
Weaver John Carl
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
Phillips David S $175,000 Accommodation
Phillips David S $175,000 Jefferson Title
Robert Pollock $130,000 --
Dieringer Marcus $97,500 --
Jones Gregory Scott $53,000 --
Scott Henry E $37,500 --
Weaver John Carl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips David S $140,000
Closed Phillips David S $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2020 10/13/20 Sold $175,000 -2.7% $70 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $179,900 -- $72 / 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 $575 $32,675 $4,925 $27,750
2023 $575 $32,675 $0 $0
2022 $1,032 $32,675 $4,925 $27,750
2021 $1,032 $32,675 $4,925 $27,750
2020 $1,031 $32,675 $4,925 $27,750
2019 $1,049 $30,850 $5,225 $25,625
2018 $972 $30,850 $5,225 $25,625
2017 $956 $30,850 $5,225 $25,625
2016 $913 $30,850 $5,225 $25,625
2015 $850 $30,850 $5,225 $25,625
2014 -- $30,850 $5,225 $25,625
2013 -- $33,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Whiteside

    Seller's Agent in 2020

    Joe Whiteside

    RE/MAX

    (423) 736-3841

    80 Total Sales

    Joe Whiteside
    Section Image
  • Marti Dotson

    Buyer's Agent in 2020

    Marti Dotson

    Jackson Real Estate & Auction

    (865) 548-6261

    66 Total Sales

    Marti Dotson
    Section Image
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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 589869

Lakeway Area Association of REALTORS®

APN: 034I-H-023.00

Tennessee Hamblen County Morristown 37814

518 E 2nd St N, Morristown, TN

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