NOT LISTED FOR SALE

601 W 5th St N Morristown, TN 37814

Estimated Value: $124,000 - $167,000

3 Beds
1 Bath
900 Sq Ft
$159/Sq Ft Est. Value

Last Sold December 28, 2017

Last sale price $45,900 $51 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $821/month

103 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • Living Room
  • No HOA
  • Double Pane Windows
  • Laundry Room

About This Home

As of December 2017

Great Starter Home or investment property, has been rental for years. Current rent $650/month, hardwood floors and large eat-in kitchen, basement storage. Great location across from hospital.

Last Agent to Sell the Property

Rhonda Krenzer

RE/MAX Real Estate Ten East Listed on: 08/16/2017

Last Buyer's Agent

Jimmy Dodson

Twin Lakes Realty & Auction

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $373

Year Built

  • Built in 1961

Lot Details

  • Fenced
  • Level Lot

Home Design

  • Bungalow
  • Shingle Roof
  • Masonite

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Blinds
  • Living Room
  • Partial Basement

Kitchen

  • Electric Range
  • Range Hood

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Schools

  • West Elementary School
  • Lincoln Middle School
  • West High School

Utilities

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

Additional Features

  • Covered patio or porch
  • City Lot

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 15.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$373

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 1961
  • Fencing: Fenced
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 73/107.5/73/107.5
  • Subdivision Name: Other
  • Directions: 11E to left on N. High Street, right on W. 4th North Street, left on McFarland, right on W. 5th North. Home on right.
  • Above Grade Finished Sq Ft: 900.0
  • Architectural Style: Bungalow
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 372.96
  • Location Tax and Legal:Tax Year2: 2016
  • Location Tax and Legal:Parcel Number2: 15.00
  • Utilities:Cable Available: Yes
  • Water Source:Public: Yes
  • General Property Information:Spa YN: No
  • Additional Dwelling:Additional Dwelling YN: No
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Levels:One: Yes
  • Roof:Shingle: Yes
  • Room Types:Basement3: Yes
  • Room Types:Living Room2: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Natural Gas Available: Yes
  • Cooling:Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing:Fenced: Yes
  • Laundry Features:Main Level: Yes
  • Architectural Style:Bungalow: Yes
  • Room Types:Laundry: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Range Hood, Refrigerator
  • Basement: Partial, Other
  • Levels: One
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 900.0
  • Window Features: Blinds, Double Pane Windows, Metal Frames, Vinyl Clad Frames
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Electric Water Heater: Yes
  • Basement:Partial: Yes
  • Basement:Other7: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: City Lot, Level, Other
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Masonite
  • Patio And Porch Features: Covered, Porch
  • Lot Features:City Lot: 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:Blinds: Yes
  • Construction Materials:Masonite: Yes
  • Window Features:Metal Frames: Yes
  • Window Features:Vinyl Clad Frames: Yes

Garage/Parking

  • Garage Yn: No
  • Attached Garage: No
  • Parking Features: Concrete
  • General Property Information:Garage YN: No
  • Parking Features:Concrete4: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Heating:Central: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Amenities: Cable TV, Laundry
  • Association Fee Frequency: Monthly
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Cable TV: Yes

Schools

  • Elementary School: West
  • High School: West
  • Middle Or Junior School: Lincoln

Lot Info

  • Parcel #: 15.00

Tax Info

  • Tax Annual Amount: 372.96
  • Tax Map Number: 33L
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2020
Sold by
Walters Timothy
Bought by
Bell Chris
Total Days on Market
103
Current Estimated Value
$143,294

Purchase Details

Listed on
Aug 16, 2017
Closed on
Dec 28, 2017
Sold by
Calfee Anthony C and Calfee Sandra C
Bought by
Walters Timothy M
Seller's Agent
Rhonda Krenzer
RE/MAX Real Estate Ten East
Buyer's Agent
Jimmy Dodson
Twin Lakes Realty & Auction
List Price
$57,900
Sold Price
$45,900
Premium/Discount to List
-$12,000
-20.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.55%
Original Mortgage
$36,720
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2003
Sold by
Brooks Allen D
Bought by
Calfee Anthony C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
3.88%

Purchase Details

Closed on
Aug 26, 1966
Bought by
Brooks Paul S
Source: Public Records

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Range of Values:

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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
Bell Chris $57,250 Colonial Title Group Inc
Walters Timothy M $45,900 None Available
Calfee Anthony C $54,000 --
Brooks Paul S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Chris $80,000
Closed Bell Chris $48,600
Closed Bell Chris $48,600
Previous Owner Walters Timothy M $36,720
Previous Owner Brooks Paul S $51,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2017 12/28/17 Sold $45,900 -20.7% $51 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $57,900 -- $64 / 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 $238 $13,500 $3,400 $10,100
2023 $238 $13,500 $0 $0
2022 $427 $13,500 $3,400 $10,100
2021 $238 $13,500 $3,400 $10,100
2020 $426 $13,500 $3,400 $10,100
2019 $428 $12,600 $3,250 $9,350
2018 $397 $12,600 $3,250 $9,350
2017 $390 $12,600 $3,250 $9,350
2016 $373 $12,600 $3,250 $9,350
2015 $347 $12,600 $3,250 $9,350
2014 -- $12,600 $3,250 $9,350
2013 -- $14,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 574626

Lakeway Area Association of REALTORS®

APN: 033L-D-015.00