NOT LISTED FOR SALE

5675 Academy Dr Morristown, TN 37814

Estimated Value: $345,890 - $380,000

3 Beds
2 Baths
1,736 Sq Ft
$213/Sq Ft Est. Value

Last Sold November 26, 2018

Last sale price $165,000 $95 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,158/month

4 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Den
  • Ranch Style House
  • No HOA
  • Cooling Available

About This Home

As of November 2018

Move in condition home! The living room has a wood burning fireplace as a focal point. The hardwood floors are a bonus! Large windows bring in natural light. Enjoy counter space in your kitchen area. The home features a den downstairs. The basement garage has adequate space. The current owners parked 2 cars, lawn mower, and a boat in the garage. The backyard is level with a gentle roll and is fenced. A generous deck is ready for you enjoy the fall evenings. The deck is low to the ground so steps are minimal.

Last Agent to Sell the Property

GRETA CLARK

CASTLE & ASSOCIATES REAL ESTATE License #271556 Listed on: 10/08/2018

Last Buyer's Agent

IAN CULLEN

Tennessee Valley Appraisal Services License #1778

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $685

Year Built

  • Built in 1977

Lot Details

  • 130

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace
  • Den
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Deck
  • Level Lot

Community Details

  • No Home Owners Association
  • Panther Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 030.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$685

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Carport Y N: No
  • Year Built: 1977
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 140/200/110/197
  • Subdivision Name: Panther Lake
  • Directions: AJ Highway to Panther Creek Road, Left on Mountain Laurel, left on Academy, Home on Left
  • Above Grade Finished Sq Ft: 1476.0
  • Architectural Style: Ranch
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 685.33
  • Location Tax and Legal:Parcel Number2: 030.00
  • General Property Information:Lot Size Dimensions: 140/200/110/197
  • General Property Information:Waterfront YN: No
  • Utilities:Cable Available: Yes
  • Water Source:Public: Yes
  • General Property Information:Living Area2: 1736.0
  • General Property Information:Above Grade Finished Area: 1476.0
  • General Property Information:Below Grade Finished Area: 260.0
  • 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
  • Flooring:Tile: Yes
  • Foundation Details:Block3: 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
  • Security Features:Smoke Detector(s): Yes
  • Utilities:Natural Gas Available: Yes
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Main Level: Yes
  • Room Types:Den2: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Range, Refrigerator
  • Basement: Block, Full, Other
  • Levels: One
  • Interior Amenities: Ceiling Fan(s)
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 260.0
  • Fireplace Features: Living Room, Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1736.0
  • Window Features: Metal Frames, Window Treatments
  • Appliances Dishwasher: Yes
  • Basement:Block: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Living Room: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances Range: Yes
  • Fireplace Features:Masonry: Yes
  • Basement:Other7: Yes
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Level, Rolling Slope
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Construction Materials:Brick: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Rolling Slope: Yes
  • Window Features:Window Treatments: Yes
  • Window Features:Metal Frames: Yes

Garage/Parking

  • Garage Yn: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Basement, Concrete, Garage, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Concrete4: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Carport YN: No
  • Parking Features:Basement2: Yes

Utilities

  • Cooling: Electric
  • Heating: Natural Gas
  • Sewer: Septic Tank
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Sewer Septic Tank: 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 #: 030.00

Tax Info

  • Tax Annual Amount: 685.33
  • Tax Map Number: 040P

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2018
Closed on
Nov 26, 2018
Sold by
Jones Michael Andrews and Jones Robin Leann
Bought by
Woods David
Seller's Agent
GRETA CLARK
CASTLE & ASSOCIATES REAL ESTATE
Buyer's Agent
IAN CULLEN
Tennessee Valley Appraisal Services
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Current Estimated Value
$381,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,438
Avg. Annual Appreciation
13.26%
Original Mortgage
$132,000
Outstanding Balance
$116,747
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$263,732

Purchase Details

Closed on
Jul 29, 1997
Bought by
Jones Michael Andrew and Jones Robin Leann

Purchase Details

Closed on
Dec 11, 1992
Bought by
Jones Michael Andrew

Purchase Details

Closed on
Mar 20, 1981
Bought by
Craig Roy N and Craig Glenda

Purchase Details

Closed on
May 2, 1978

Purchase Details

Closed on
Sep 16, 1977
Bought by
Underwood Kenneth L and Underwood Elizabeth L
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
Woods David $165,000 Colonial Title Group Inc
Jones Michael Andrew -- --
Jones Michael Andrew $67,900 --
Craig Roy N $52,000 --
-- -- --
Underwood Kenneth L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woods David $132,000
Previous Owner Jones Michael Andrew $50,000
Previous Owner Jones Michael A $53,615
Previous Owner Jones Michael A $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2018 11/26/18 Sold $165,000 -2.9% $95 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
10/08/2018 10/08/18 For Sale $169,900 -- $98 / 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 $826 $41,950 $7,200 $34,750
2023 $826 $41,950 $0 $0
2022 $826 $41,950 $7,200 $34,750
2021 $826 $41,950 $7,200 $34,750
2020 $826 $41,950 $7,200 $34,750
2019 $685 $32,175 $7,325 $24,850
2018 $685 $32,175 $7,325 $24,850
2017 $685 $32,175 $7,325 $24,850
2016 $640 $32,175 $7,325 $24,850
2015 $595 $32,175 $7,325 $24,850
2014 -- $32,175 $7,325 $24,850
2013 -- $33,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 580592

Lakeway Area Association of REALTORS®

APN: 040P-C-030.00