NOT LISTED FOR SALE

5947 Morgan Co Hwy Lancing, TN 37770

Estimated Value: $127,000 - $227,000

-- Bed
1 Bath
1,500 Sq Ft
$118/Sq Ft Est. Value

Last Sold March 11, 2021

Last sale price $75,000 $50 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $992/month

181 Days on Market

Highlights

  • Countryside Views
  • Covered patio or porch
  • No Heating
  • Home Office
  • Garage

About This Home

As of March 2021

New metal building on over 2.68 surveyed acres!! 30x50 metal building on a 5'' slab with full bath, 12 foot shop ceiling, 10x10 garage doors. This property is conveniently located just 5 miles outside of Wartburg, TN providing easy access to population centers in Oak Ridge/Knoxville. The property is flat and mostly cleared with lots of privacy. Wooded in the back with a nice Ridgeline view to enjoy. Use for a shop, open a business, build your home, park an RV, lots of potential!! No restrictions!

Last Agent to Sell the Property

Charles Hutson

Mitchell Real Estate & Auction License #335828 Listed on: 08/11/2020

Last Buyer's Agent

Charles Hutson

Mitchell Real Estate & Auction License #335828 Listed on: 08/11/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $656

Year Built

  • Built in 2020

Lot Details

  • 2.68 Acre Lot
  • Lot Dimensions are 172x664x543x231

Home Design

  • Metal Siding

Interior Spaces

  • 1 Full Bathroom
  • 1,500 Sq Ft Home
  • Home Office
  • Countryside Views

Parking

  • Garage
  • Off-Street Parking

Additional Features

  • Covered patio or porch
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 075 004.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$656

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Directions: From the Morgan County Courthouse, travel on Kingson St to Eliza St, turn left onto US Hwy 27 (Morgan County Hwy). Travel 5.2 miles, property is on the left.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2020
  • Lot Size Acres: 2.68
  • Lot Size: 172x664x543x231
  • Architectural Style: Other
  • Property Attached Yn: No
  • Special Features: NewHome

Interior Features

  • Appliances: None
  • Has Basement: Slab
  • Fireplace: No
  • Full Bathrooms: 1
  • Fireplace Features: Other, None
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Porch - Covered
  • View: Country Setting
  • Construction Type: Metal Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking

Utilities

  • Heating: None
  • Heating Yn: No

Lot Info

  • Lot Size Sq Ft: 116740.8
  • Parcel #: 075 004.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Mar 11, 2021
Sold by
Walker Charles L
Bought by
Hancock Brandon and Hancock Wendy
Seller's Agent
Charles Hutson
Mitchell Real Estate & Auction
Buyer's Agent
Charles Hutson
Mitchell Real Estate & Auction
Sold Price
$75,000
Total Days on Market
181
Current Estimated Value
$176,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,535
Avg. Annual Appreciation
21.13%
Original Mortgage
$76,671
Interest Rate
2.7%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 15, 2018
Sold by
Citizens First Bank
Bought by
Walker Charles L and Carroll Walker Kassey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,199
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2016
Sold by
Hamby Terry
Bought by
Citizens First Bank

Purchase Details

Closed on
Dec 6, 2013
Sold by
Jones Edward F
Bought by
Hamby Terry and Hamby Kathy

Purchase Details

Closed on
Jan 22, 1968
Bought by
Jones Will Mrs Le
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 Buyer Sale Price Title Company
Hancock Brandon $75,000 None Available
Walker Charles L $17,999 --
Citizens First Bank $28,581 --
Hamby Terry $24,000 --
Jones Will Mrs Le -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hancock Brandon $76,671
Previous Owner Walker Charles L $56,088
Previous Owner Walker Charles L $45,000
Previous Owner Walker Charles L $16,199
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2021 03/11/21 Sold $75,000 -- $50 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $656 $24,125 $5,150 $18,975
2023 $656 $24,125 $5,150 $18,975
2022 $656 $24,125 $5,150 $18,975
2021 $656 $24,125 $5,150 $18,975
2020 $628 $24,125 $5,150 $18,975
2019 $197 $6,025 $4,950 $1,075
2018 $197 $6,025 $4,950 $1,075
2017 $190 $6,025 $4,950 $1,075
2016 $190 $6,025 $4,950 $1,075
2015 $187 $6,025 $4,950 $1,075
2014 $206 $6,650 $4,975 $1,675
2013 $240 $7,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Charles Hutson

    Mitchell Real Estate & Auction

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1126186

East Tennessee REALTORS® MLS

APN: 075-004.00

Tennessee Morgan County Lancing 37770

5947 Morgan Co Hwy, Lancing, TN

This home is located at 5947 Morgan Co Hwy, Lancing, TN 37770 since 11 August 2020 and is currently estimated at $176,535, approximately $117 per square foot. This property was built in 2020. 5947 Morgan Co Hwy is a home located in Morgan County with nearby schools including Central Elementary School, Petros Joyner Elementary School, and Central Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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