NOT LISTED FOR SALE

5690 Academy Dr Morristown, TN 37814

Estimated Value: $299,000 - $361,000

3 Beds
2 Baths
1,479 Sq Ft
$223/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $263,500 $178 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,788/month

9 Days on Market

Highlights

  • No HOA
  • Living Room
  • Bathroom on Main Level
  • Cooling Available
  • Laundry Room
  • Dining Room

About This Home

As of August 2023

Beautiful, updated open floorplan home only 3 minutes from Panther Creek State Park and Cherokee Lake. This home has 3 bedrooms, 2 full baths, main level laundry, 2 car garage with full basement, fenced in back yard that is perfect for the babies and fur babies. Call today for your own private showing.

Last Agent to Sell the Property

LORI CAUGHORN

CRYE-LEIKE LAKEWAY REAL ESTATE License #296789 Listed on: 07/02/2023

CRYE-LEIKE LAKEWAY REAL ESTATE

Co-Listed By

Lori Caughorn an Burke

Crye-Leike Lakeway Real Estate License #356909

Last Buyer's Agent

TONYA ESTEVEZ

SPRING MOUNTAIN REALTY, PLLC License #342712

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $751

Year Built

  • Built in 1995

Lot Details

  • 0.64 Acre Lot

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces

Interior Spaces

  • 1,479 Sq Ft Home
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Unfinished Basement

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 031.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$751

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1995
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.64
  • Lot Size: 27443
  • Directions: Hwy 11-E to Panther Creek Rd, left on Mountain Laurel Rd, left on Academy, home on right, See Sign
  • Above Grade Finished Sq Ft: 1479.0
  • New Construction: No
  • Property Attached Yn: No
  • Location Tax and Legal:Tax Annual Amount: 751.06
  • Location Tax and Legal:Tax Year2: 2022
  • Location Tax and Legal:Parcel Number2: 031.00
  • General Property Information:Lot Size Acres: 0.64
  • General Property Information:Lot Size Dimensions: 27443
  • General Property Information:Waterfront YN: No
  • General Property Information:Living Area2: 1479.0
  • General Property Information:Above Grade Finished Area: 1479.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: No
  • Cooling:Heat Pump: Yes
  • Room Types:Basement3: Yes
  • Room Types:Living Room2: Yes
  • General Property Information:Basement YN: Yes
  • Room Types:Bathroom 1 Level: Main
  • Room Types:Bathroom 2 Level: Main
  • General Property Information:Enhanced Accessible2: No
  • General Property Information:Cooling YN: Yes
  • General Property Information:Heating YN: Yes
  • Room Types:Dining Room2: Yes
  • Room Types:Laundry: Yes
  • Special Features: None

Interior Features

  • Basement: Block, Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1479.0
  • Basement:Block: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Total Parking Spaces: 4.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0
  • General Property Information:Parking Total: 4.0

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Amenities: Laundry
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 27878.4
  • Parcel #: 031.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 751.06
  • Tax Map Number: 040P
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2023
Closed on
Aug 31, 2023
Sold by
Smith Andrew J
Bought by
Inman Labrina
Seller's Agent
LORI CAUGHORN
CRYE-LEIKE LAKEWAY REAL ESTATE
Buyer's Agent
TONYA ESTEVEZ
SPRING MOUNTAIN REALTY, PLLC
List Price
$299,900
Sold Price
$263,500
Premium/Discount to List
-$36,400
-12.14%
Views
215
Current Estimated Value
$315,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,540
Avg. Annual Appreciation
10.80%
Original Mortgage
$269,895
Outstanding Balance
$267,334
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$54,522

Purchase Details

Closed on
Dec 26, 2019
Sold by
Pina Reynolds F and Pina Martha T
Bought by
Smith Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,683
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 3, 2013
Sold by
Harris Peggy S
Bought by
Pina Reynolds F and Pina Martha T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,546
Interest Rate
4.2%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 23, 2002
Sold by
Johnson John L
Bought by
Harris John

Purchase Details

Closed on
Jun 9, 1995
Sold by
Wayne Bridgewater
Bought by
Johnson John L

Purchase Details

Closed on
May 12, 1984
Bought by
Bridgewater Wayne and Bridgewater Peggy S

Purchase Details

Closed on
Dec 1, 1982

Purchase Details

Closed on
May 25, 1982
Bought by
Wayman Wayman J and Wayman Hazel
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Inman Labrina $71,216,216 Lakeway Title Services
Smith Andrew J $155,500 None Available
Pina Reynolds F $129,900 --
Harris John $97,000 --
Johnson John L $86,000 --
Bridgewater Wayne $4,000 --
-- -- --
Wayman Wayman J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Inman Labrina $269,895
Previous Owner Smith Andrew J $154,000
Previous Owner Smith Andrew J $152,683
Previous Owner Pina Reynolds F $127,546
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $263,500 -7.5% $178 / Sq Ft
07/12/2023 07/12/23 Price Changed $284,900 -5.0% $193 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
07/02/2023 07/02/23 For Sale $299,900 -- $203 / 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 $751 $38,125 $7,325 $30,800
2023 $751 $38,125 $0 $0
2022 $751 $38,125 $7,325 $30,800
2021 $751 $38,125 $7,325 $30,800
2020 $751 $38,125 $7,325 $30,800
2019 $746 $35,000 $6,775 $28,225
2018 $746 $35,000 $6,775 $28,225
2017 $746 $35,000 $6,775 $28,225
2016 $697 $35,000 $6,775 $28,225
2015 $648 $35,000 $6,775 $28,225
2014 -- $35,000 $6,775 $28,225
2013 -- $39,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 700361

Lakeway Area Association of REALTORS®

APN: 040P-D-031.00