NOT LISTED FOR SALE

713 Jaybird Rd Morristown, TN 37814

Estimated Value: $247,577 - $643,000

12 Beds
8 Baths
2,800 Sq Ft
$152/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $740,000 $264 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $2,324/month

139 Days on Market

Highlights

  • Multiple cooling system units
  • Luxury Vinyl Tile Flooring
  • 1-Story Property
  • Laundry Room
  • Heat Pump System

About This Home

As of December 2023

2 Brick Duplexes, 4 total units on 7/10th of an acre hooked up to city sewer. Private setting in back yard, lots of parking. Major renovations last 2 years. All units occupied with new tenants paying 1700,each with written leases. $6800 monthly is current gross income. Yearly expenses are Taxes $2611 , insurance $1700, lawn care $1700.

Last Agent to Sell the Property

BJ Kramps

RE/MAX Real Estate Ten Midtown License #303428 Listed on: 06/13/2023

RE/MAX Real Estate Ten Midtown

Last Buyer's Agent

BJ Kramps

RE/MAX Real Estate Ten Midtown License #303428 Listed on: 06/13/2023

RE/MAX Real Estate Ten Midtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,611

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 0.7 Acre Lot
  • 1 Common Wall

Parking

  • 14 Open Parking Spaces

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Metal Fireplace
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 12 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Schools

  • John Hay Elementary School
  • Meadowview Middle School
  • East High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 026 012.02

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,750
  • Gross Income $81,600
  • Net Operating Income $73,146

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,611

Year Built

Built in 1970 | Remodeled

Lot Details

0

Listing Details

  • Year Built: 1970
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.7
  • Subdivision Name: Other
  • Directions: Hwy 11E to Jaybird rd, duplexes on left
  • Above Grade Finished Sq Ft: 2800.0
  • Location Tax and Legal:Tax Annual Amount: 2611.42
  • Location Tax and Legal:Tax Year2: 2022
  • Location Tax and Legal:Parcel Number2: 026 012.02
  • General Property Information:Lot Size Acres: 0.7
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Middle or Junior School: Meadowview
  • Location Tax and Legal:Elementary School: John Hay
  • Location Tax and Legal:High School: East
  • General Property Information:Bathrooms Half: 4
  • General Property Information:Above Grade Finished Area: 2800.0
  • General Property Information:Below Grade Finished Area: 2392.0
  • Appliances Refrigerators: Yes
  • Cooling:Heat Pump: Yes
  • Flooring:Carpet: Yes
  • General Property Information:Basement YN: Yes
  • Income And Expenses Maintenance Expense: 4000.0
  • Cooling:Central Air: Yes
  • Laundry Features:Laundry Room: Yes
  • Percent Basement Finished: Yes
  • Flooring:Luxury Vinyl: Yes
  • Cooling:Multi Units: Yes
  • General Property Information:Cooling YN: Yes
  • General Property Information:Heating YN: Yes
  • General Property Information:Stories Total: 1
  • Location Tax and Legal:Additional Parcels YN: No
  • Property Condition:UpdatedRemodeled: Yes
  • General Property Information:Number Of Units Total2: 4.0
  • Cooling:Varies by Unit: Yes
  • General Property Information:Number Of Buildings2: 2.0
  • Meter Information:Number Of Separate Water Meters: 4
  • Meter Information:Number Of Separate Electric Meters: 4
  • Roof:Metal: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Basement: Daylight, Finished, Full, Walk-Out Access
  • Number Of Buildings: 2
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 12
  • Below Grade Sq Ft: 2392.0
  • Fireplace Features: Metal
  • Fireplace: Yes
  • Stories: 1
  • Community Features:None4: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:Walk-Out Access: Yes
  • Full Basement: Yes
  • Basement:Daylight: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Brick, Vinyl Siding
  • Property Condition: Updated/Remodeled
  • Construction Materials:Brick: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Open Parking Spaces: 14.0
  • Open Parking: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 14.0

Utilities

  • Cooling: Central Air, Heat Pump, Multi Units, Varies by Unit
  • Heating: Heat Pump, Separate Meters, Varies by Unit
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Varies by Unit2: Yes
  • Heating:Separate Meters2: Yes

Condo/Co-op/Association

  • Community Features: None

Schools

  • Elementary School: John Hay
  • High School: East
  • Middle Or Junior School: Meadowview

Lot Info

  • Lot Size Sq Ft: 30492.0
  • Additional Parcels: No
  • Parcel #: 026 012.02
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 81600.0
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 4
  • Income And Expenses Net Operating Income: 73146.0

Tax Info

  • Tax Annual Amount: 2611.42
  • Tax Map Number: 026 012.02
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Dec 20, 2023
Sold by
Oakes Bradley P
Bought by
Oakes Bradley P and Oakes Cheyanne
Seller's Agent
BJ Kramps
RE/MAX Real Estate Ten Midtown
Buyer's Agent
BJ Kramps
RE/MAX Real Estate Ten Midtown
List Price
$770,000
Sold Price
$740,000
Premium/Discount to List
-$30,000
-3.9%
Views
371
Current Estimated Value
$425,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$314,808
Avg. Annual Appreciation
-26.50%
Original Mortgage
$550,000
Outstanding Balance
$535,978
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
-$110,786

Purchase Details

Listed on
Feb 4, 2021
Closed on
Apr 12, 2021
Sold by
Hawkins John
Bought by
Jmie Properties Llc
Seller's Agent
Will Morrison
Morrison Real Estate, LLC
Buyer's Agent
Will Morrison
Morrison Real Estate, LLC
List Price
$320,000
Sold Price
$325,000
Premium/Discount to List
$5,000
1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.94%
Original Mortgage
$275,400
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2010
Sold by
Hang Vang
Bought by
Hawkins John
Source: Public Records

Range of Values:

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Average Value
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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
Oakes Bradley P -- Lakeway Title Services
Oakes Bradley P $740,000 Lakeway Title Services
Jmie Properties Llc $324,000 Colonial Title Group Inc
Hawkins John $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oakes Bradley P $550,000
Previous Owner Jmie Properties Llc $275,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2023 12/20/23 Sold $740,000 -3.9% $264 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $770,000 +136.9% $275 / Sq Ft
04/16/2021 04/16/21 Sold $325,000 +1.6% $63 / Sq Ft View Prior Sale
04/16/2021 04/16/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $320,000 -- $62 / 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 $727 $41,320 $4,680 $36,640
2023 $727 $41,320 $0 $0
2022 $1,305 $41,320 $4,680 $36,640
2021 $1,305 $41,320 $4,680 $36,640
2020 $1,304 $41,320 $4,680 $36,640
2019 $1,063 $31,240 $4,680 $26,560
2018 $985 $31,240 $4,680 $26,560
2017 $969 $31,240 $4,680 $26,560
2016 $925 $31,240 $4,680 $26,560
2015 $860 $31,240 $4,680 $26,560
2014 -- $31,240 $4,680 $26,560
2013 -- $39,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • BJ Kramps

    Seller's Agent in 2023

    BJ Kramps

    RE/MAX

    (423) 258-2114

    143 Total Sales

    BJ Kramps
    Section Image

  • W

    Seller's Agent in 2021

    Will Morrison

    Morrison Real Estate, LLC

    (865) 453-1248

    11 Total Sales

    Will Morrison
    Section Image
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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 700109

Lakeway Area Association of REALTORS®

APN: 026-012.02-001

Tennessee Hamblen County Morristown 37814

713 Jaybird Rd, Morristown, TN

This home is located at 713 Jaybird Rd, Morristown, TN 37814 since 13 June 2023 and is currently estimated at $425,192, approximately $151 per square foot. This property was built in 1970. 713 Jaybird Rd is a home located in Hamblen County with nearby schools including John Hay Elementary School, Meadowview Middle School, and Morristown East High 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.

Lakeway Area Association of REALTORS® 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.

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