518 Sunrise Ave Morristown, TN 37813
Estimated Value: $123,000 - $215,000
Highlights
- Guest House
- Traditional Architecture
- Heating Available
- City View
- Level Lot
- Property has 1 Level
About This Home
As of October 2022INVESTOR'S DIAMOND IN THE ROUGH! ZONED R2! YOU CAN BUILD A DUPLEX ON THE 2ND LOT, SELL OR RENT FOR MONTHLY PROFIT! Centrally located half a mile from nearby Jr High, High School, Technical College, and parks, this 1,110 sqft home is ready for your Midas Touch to make this home golden again. NEW roof, NEW siding, NEW water heater, FINISHED DETACHED GARAGE (sheetrocked and painted) behind the main house that could very easily be converted into extra living quarters, an in-law suite, or an income-producing studio! Live in that while fixing the house. This two-tax-lots sub-dividable fixer is ready for cash, conventional, or fix & flip loan purchase. This is a wonderful fixer of a home with great bones. Currently has 3 beds 1 bath, can become a 3/2 with a small addition. This house features a living area separated from the kitchen by a wall that could easily be removed for a fantastic and modern open concept. Design plans are available for purchase from an affiliated company that can be hired to help with design, build, and also help get a loan for the potential buyer. Foundation is continuous footing, per TN Assessment Data. Buyer and/or Buyer's Agent to do all due diligence. Comes with parcel 18.01 immediately to the right of the house (800 S Jackson St), which is a separate tax lot: 2021 taxes city ($45.50) county ($57.20), TOTAL - $102.70
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $551
Year Built
- Built in 1929
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 52x153x52x152
- Level Lot
Home Design
- Traditional Architecture
- Frame Construction
- Vinyl Siding
Interior Spaces
- 1,110 Sq Ft Home
- Property has 1 Level
- City Views
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Additional Homes
- Guest House
Schools
- Lincoln Heights Elementary School
- Lincoln Heights Middle School
- Morristown West High School
Utilities
- No Cooling
- Heating Available
Community Details
- Baird Add Subdivision
Listing and Financial Details
- Tax Lot 11
- Assessor Parcel Number 042A D 01900 000
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rodriguez Ignacio | $96,000 | 7 Title | |
| Project Ksr Llc | $50,000 | -- | |
| Keiser James | $95,000 | -- | |
| Ramos Rodriguez Ignacio | $50,000 | None Available | |
| Mitchell Lawrence M | -- | -- |
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rodriguez Ignacio | $93,000 | |
| Previous Owner | Ramos Rodriguez Ignacio | $46,741 | |
| Previous Owner | Mitchell Edna M | $30,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/14/2022 10/14/22 | Sold | $95,000 | -12.8% | $86 / Sq Ft |
| 10/01/2022 10/01/22 | Pending | -- | -- | -- |
| 09/15/2022 09/15/22 | For Sale | $109,000 | -- | $98 / Sq Ft |
Tax History Compared to Growth
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 | $307 | $17,450 | $2,725 | $14,725 |
| 2023 | $307 | $17,450 | $0 | $0 |
| 2022 | $551 | $17,450 | $2,725 | $14,725 |
| 2021 | $551 | $17,450 | $2,725 | $14,725 |
| 2020 | $551 | $17,450 | $2,725 | $14,725 |
| 2019 | $535 | $15,725 | $2,125 | $13,600 |
| 2018 | $496 | $15,725 | $2,125 | $13,600 |
| 2017 | $466 | $15,725 | $2,125 | $13,600 |
| 2016 | $466 | $15,725 | $2,125 | $13,600 |
| 2015 | $433 | $15,725 | $2,125 | $13,600 |
| 2014 | -- | $15,725 | $2,125 | $13,600 |
| 2013 | -- | $17,425 | $0 | $0 |
Map
Source: Realtracs
MLS Number: 2828598
APN: 042A-D-019.00
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