NOT LISTED FOR SALE

701 Talbott Rd Morristown, TN 37813

Estimated Value: $150,000 - $192,000

2 Beds
1 Bath
720 Sq Ft
$237/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $80,000 $111 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $929/month

91 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Separate Outdoor Workshop
  • Ranch Style House
  • No HOA
  • Shades

About This Home

As of April 2019

This home is located at 701 Talbott Rd, Morristown, TN 37813 since 30 November 2018 and is currently estimated at $170,652, approximately $237 per square foot. This property was built in 1951. 701 Talbott Rd is a home located in Hamblen County with nearby schools including Hillcrest Elementary School, Meadowview Middle School, and Morristown East High School.

Last Agent to Sell the Property

Peggy Holt

RE/MAX Real Estate Ten East Listed on: 11/30/2018

Last Buyer's Agent

Peggy Holt

RE/MAX Real Estate Ten East Listed on: 11/30/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $508

Year Built

  • Built in 1951

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • Ceiling Fan
  • Metal Fireplace
  • Double Pane Windows
  • Shades
  • Blinds
  • Living Room
  • Fire and Smoke Detector
  • Electric Range

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Washer and Electric Dryer Hookup

Basement

  • Block Basement Construction
  • Crawl Space

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Location

  • City Lot

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 008.00
  • Tax Block 2/1

Home Details

Home Type

Single Family

Est. Annual Taxes

$508

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 1951
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Lot Size: 82/129/84/143
  • Subdivision Name: None
  • Directions: Take E. Morris Blvd east, go 0.8mi, turn L onto S Liberty Hill Rd, go 0.5mi, turn R onto Forgey Ave, 300ft turn R, go 450ft. Home on R.
  • Architectural Style: Ranch
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 508.4
  • Location Tax and Legal:Tax Year2: 2017
  • Location Tax and Legal:Parcel Number2: 008.00
  • Location Tax and Legal:Tax Block: 2/1
  • General Property Information:Lot Size Acres: 0.24
  • General Property Information:Lot Size Dimensions: 82/129/84/143
  • General Property Information:Waterfront YN: No
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Water Source:Public: Yes
  • General Property Information:Living Area2: 720.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: No
  • 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
  • Cooling:Heat Pump: Yes
  • Flooring:Tile: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Levels:One: Yes
  • Room Types:Living Room2: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Hardwood: Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Laminate: Yes
  • Other Structures:Workshop: Yes
  • Roof:Metal: Yes
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Laminate, Tile, Other
  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Range, Refrigerator
  • Basement: Block, Crawl Space
  • Levels: One
  • Interior Amenities: Ceiling Fan(s)
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Metal
  • Fireplace: No
  • Living Area: 720.0
  • Window Features: Blinds, Double Pane Windows, Shades
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Basement:Block: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances Range: Yes
  • Appliances:Electric Water Heater: Yes
  • Laundry Features:In Kitchen: Yes

Exterior Features

  • Lot Features: City Lot, Level
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Other Structures: Workshop
  • Patio And Porch Features: Deck
  • Lot Features:City Lot: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Blinds: Yes
  • Window Features:Shades: Yes

Garage/Parking

  • Garage Yn: No
  • Attached Garage: No
  • Parking Features: Garage Door Opener, Gravel
  • General Property Information:Garage YN: No
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Carport YN: No
  • Parking Features:Gravel: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Kitchen, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Heating:Central: 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

  • Lot Size Sq Ft: 10454.4
  • Parcel #: 008.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 508.4
  • Tax Block: 2/1
  • Tax Map Number: 034O
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2018
Closed on
Apr 12, 2019
Sold by
Andrews David R and Andrews Jean M
Bought by
Bishop Ronald E
Seller's Agent
Peggy Holt
RE/MAX Real Estate Ten East
Buyer's Agent
Peggy Holt
RE/MAX Real Estate Ten East
List Price
$80,500
Sold Price
$80,000
Premium/Discount to List
-$500
-0.62%
Current Estimated Value
$170,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,652
Avg. Annual Appreciation
11.93%
Original Mortgage
$77,600
Outstanding Balance
$67,945
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$102,707

Purchase Details

Listed on
May 3, 2017
Closed on
Sep 27, 2017
Sold by
Godin Brenda K and Mccarter Brenda K
Bought by
Andrews David R and Andrews Jean M
Seller's Agent
Lauren Castle
Castle & Associates Real Estate
Buyer's Agent
Peggy Holt
RE/MAX Real Estate Ten West
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.43%
Original Mortgage
$54,314
Interest Rate
3.89%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 29, 2010
Sold by
Hughes Rebecca J
Bought by
Godin Brenda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,136
Interest Rate
2.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 9, 2001
Sold by
Bank One Na Trustee
Bought by
Dailey Ottis Wilbur

Purchase Details

Closed on
Nov 18, 1997
Sold by
Marshall and Ardell
Bought by
Hughes Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,400
Interest Rate
7.35%

Purchase Details

Closed on
May 27, 1958
Bought by
Marshall Lofton and Marshall Ardell
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bishop Ronald E $80,000 None Available
Andrews David R $65,000 Lakeway Title Services
Godin Brenda K $65,000 --
Dailey Ottis Wilbur $52,900 --
Hughes Rebecca $39,900 --
Marshall Lofton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bishop Ronald E $77,600
Previous Owner Andrews David R $54,314
Previous Owner Marshall Lofton $64,136
Previous Owner Marshall Lofton $30,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2019 04/12/19 Sold $80,000 -0.6% $111 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
11/30/2018 11/30/18 For Sale $80,500 +23.8% $112 / Sq Ft
09/27/2017 09/27/17 Sold $65,000 -7.0% $90 / Sq Ft View Prior Sale
08/24/2017 08/24/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $69,900 -- $97 / 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
2025 $440 $33,550 $8,375 $25,175
2024 $331 $18,800 $4,875 $13,925
2023 $331 $18,800 $0 $0
2022 $594 $18,800 $4,875 $13,925
2021 $594 $18,800 $4,875 $13,925
2020 $593 $18,800 $4,875 $13,925
2019 $558 $16,400 $4,550 $11,850
2018 $517 $16,400 $4,550 $11,850
2017 $509 $16,400 $4,550 $11,850
2016 $486 $16,400 $4,550 $11,850
2015 $452 $16,400 $4,550 $11,850
2014 -- $16,400 $4,550 $11,850
2013 -- $18,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 581242

Lakeway Area Association of REALTORS®

APN: 034O-A-008.00