$390,000
SOLD MAY 30, 2025

717 Jaybird Rd Morristown, TN 37814

6 Beds
4 Baths
2,596 Sq Ft
0.34 Acres

Recently Sold

$150 Per Sq Ft

51% Below List Price

107 Days on Market

Highlights

  • Covered Patio or Porch
  • Luxury Vinyl Tile Flooring
  • Ceiling Fan
  • Walk-In Closet
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of May 2025

Discover the perfect investment opportunity with this recently updated duplex in Morristown, TN! This building has 2596 sq. ft. of living space and many recent updates. This spacious duplex is an excellent income-generating opportunity. The units have 1298 square feet of living space and have been updated with fresh paint and new flooring. Both units contain 3 bedrooms, 1 full bath, and 1 half bath. The kitchens are equipped with essential appliances, including a refrigerator, microwave, dishwasher, and an electric range with an oven. The ground floor of each unit includes the kitchen, dining room, and living room, and laundry room with bedrooms and a full bath located on the upper level. 719 has a brand new hvac installed. Currently 717 is vacant and 719 is rented for $1700 a month with tenant paying all utilities.

Last Agent to Sell the Property

Corbin Norton

Crye-Leike Lakeway West License #363246 Listed on: 01/07/2025

Crye-Leike Lakeway West

Last Buyer's Agent

SHAWN OAKS

Crye-Leike Realtors License #348922

Crye-Leike Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,306

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 0.34 Acre Lot
  • 1 Common Wall
  • Level Lot

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,596 Sq Ft Home
  • Ceiling Fan
  • Metal Fireplace
  • Blinds

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on lower level
  • 220 Volts In Laundry
  • Washer and Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • City Lot

Listing and Financial Details

  • The owner pays for exterior maintenance, grounds care, HVAC maintenance, insurance, taxes
  • Assessor Parcel Number 012.02

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Operating Expense $3,468
  • Gross Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,306

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: 0.34
  • Lot Size: 95x96x78x81 IRR
  • Road Frontage Type: City Street
  • Directions: From Morris Blvd Turn left onto Jaybird Rd 1.7mi, 713-719 will be on the left. No sign
  • Above Grade Finished Sq Ft: 2596.0
  • Structure Type: Multi Family
  • Location Tax and Legal:Tax Annual Amount: 1305.71
  • Location Tax and Legal:Tax Year2: 2024
  • Location Tax and Legal:Parcel Number2: 012.02
  • General Property Information:Lot Size Dimensions: 95x96x78x81 IRR
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information:Bathrooms Half: 2
  • General Property Information:Above Grade Finished Area: 2596.0
  • Appliances Refrigerators: Yes
  • Cooling:Heat Pump: Yes
  • Flooring:Carpet: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Utilities:Sewer Connected: Yes
  • Cooling:Central Air: Yes
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Laundry Features:Laundry Closet: Yes
  • Laundry Features:Lower Level: Yes
  • Flooring:Luxury Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Water Connected: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • General Property Information:Number Of Units Total2: 2.0
  • General Property Information:Number Of Buildings2: 1.0
  • Meter Information:Number Of Separate Water Meters: 2
  • Meter Information:Number Of Separate Electric Meters: 2
  • Levels:Bi-Level: Yes
  • Roof:Metal: Yes
  • Structure Type Multi Family: Yes
  • Income And Expenses Operating Expense: 3468.0
  • Electric 220 Volts in Laundry: Yes
  • Common Walls 1 Common Wall: Yes
  • General Property Information Acres: 0.34
  • Special Features: None

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Levels: Bi-Level
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Number Of Buildings: 1
  • Owner Pays: Exterior Maintenance, Grounds Care, HVAC Maintenance, Insurance, Taxes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Metal
  • Fireplace: Yes
  • Window Features: Blinds
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Cooktop: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Lot Features: City Lot, Level
  • Common Walls: 1 Common Wall
  • Construction Type: Block, Brick, Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered
  • Property Condition: Updated/Remodeled
  • Lot Features:City Lot: Yes
  • Construction Materials:Block2: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered2: Yes
  • Window Features:Blinds: Yes
  • Exterior Features:Rain Gutters: Yes

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Sewer: Public Sewer
  • Electric: 220 Volts in Laundry
  • Laundry Features: Electric Dryer Hookup, Laundry Closet, Lower Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Parcel #: 012.02

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 40800.0
  • Number Of Units Leased: 1
  • Annual Operating Expense: 3468.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 2

Tax Info

  • Tax Annual Amount: 1305.71
  • Tax Map Number: 026
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2025
Closed on
May 30, 2025
Sold by
Knipp Benjamin
Bought by
Knipp Benjamin and Mcintosh Elissa M
Seller's Agent
Corbin Norton
Crye-Leike Lakeway West
Buyer's Agent
SHAWN OAKS
Crye-Leike Realtors
List Price
$799,000
Sold Price
$390,000
Premium/Discount to List
-$409,000
-51.19%
Views
41
Current Estimated Value
$484,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,500
Avg. Annual Appreciation
101.36%
Original Mortgage
$367,000
Outstanding Balance
$366,376
Interest Rate
6.83%
Mortgage Type
FHA
Estimated Equity
$118,124

Purchase Details

Closed on
Dec 20, 2023
Sold by
Oakes Bradley P
Bought by
Oakes Bradley P and Oakes Cheyanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2021
Sold by
Hawkins John
Bought by
Jmie Properties Llc

Home Financials for this Owner

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

Purchase Details

Closed on
Apr 24, 2007
Sold by
White Stephen D
Bought by
Vang Hang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.11%

Purchase Details

Closed on
Mar 31, 2004
Sold by
Melvin Adkins
Bought by
White Stephen D

Purchase Details

Closed on
Aug 15, 1997
Sold by
Theresa Odom
Bought by
Adkins Melvin

Purchase Details

Closed on
Dec 20, 1995
Bought by
Odom Robert G

Purchase Details

Closed on
Dec 11, 1995
Sold by
Buell Rosa M
Bought by
Odom Robert and Odom Theresa

Purchase Details

Closed on
Feb 12, 1993
Bought by
Buell Rosa M

Purchase Details

Closed on
Feb 6, 1991
Bought by
Hurst Danny R and Hurst Robin S

Purchase Details

Closed on
Feb 5, 1991
Bought by
Hurst Danny R and Hurst Robin S

Purchase Details

Closed on
Sep 24, 1990
Bought by
Greene Adren S and Greene Leslie T
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Quit Claim Deed -- 7 Title
Warranty Deed $390,000 Lakeway Title Services
Quit Claim Deed -- Lakeway Title Services
Warranty Deed $740,000 Lakeway Title Services
Warranty Deed $324,000 Colonial Title Group Inc
Deed $95,000 --
Deed $170,000 --
Deed $94,542 --
Deed $91,500 --
Deed $91,500 --
Warranty Deed $55,000 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $367,000 FHA
Previous Owner $550,000 New Conventional
Previous Owner $553,467 New Conventional
Previous Owner $275,400 Purchase Money Mortgage
Previous Owner $283,000 Unknown
Previous Owner $72,800 No Value Available
Previous Owner $72,800 No Value Available
Previous Owner $153,600 No Value Available
Previous Owner $76,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $390,000 -1.3% $150 / Sq Ft
04/24/2025 04/24/25 Pending -- -- --
04/24/2025 04/24/25 Price Changed $395,000 -50.6% $152 / Sq Ft
01/07/2025 01/07/25 For Sale $799,000 -- $308 / 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

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 706142

Lakeway Area Association of REALTORS®

APN: 026-012.02