$269,400
SOLD MAR 10, 2025

7182 Cedar Hill Rd Talbott, TN 37877

4 Beds
4 Baths
1,904 Sq Ft
0.52 Acres

Recently Sold

$141 Per Sq Ft

7% Below List Price

31 Days on Market

Highlights

  • Deck
  • Central Heating and Cooling System
  • Ceiling Fan
  • No HOA

About This Home

As of March 2025

**Back on the market at no fault of the sellers**
Here's your opportunity to own a great rental property on the west end of Morristown. Located in the county, this duplex offers nice views from the back yard, and is located close to Cherokee Lake. Both units are 2 BR, 1.5 BA. They are both currently occupied with tenants. *Virtual Tour & professional photos will be uploaded soon.* All parties are advised to conduct thorough due diligence before proceeding with any real estate transaction. Info taken from CRS.

Last Agent to Sell the Property

Kendra Rickard

RE/MAX Real Estate Ten Midtown License #365796 Listed on: 01/29/2025

RE/MAX Real Estate Ten Midtown

Last Buyer's Agent

IAN CULLEN

Tennessee Valley Appraisal Services License #1778

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $751

Year Built

  • Built in 2007

Lot Details

  • 0.52 Acre Lot
  • Property fronts a county road
  • 1 Common Wall
  • Irregular Lot
  • Cleared Lot

Home Design

  • Duplex
  • Bi-Level Home
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,904 Sq Ft Home
  • Ceiling Fan
  • Dishwasher
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Block Basement Construction
  • Laundry in Basement

Outdoor Features

  • Deck

Schools

  • Alpha Elementary School
  • Westview Middle School
  • West High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • The owner pays for taxes
  • Assessor Parcel Number 13.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$751

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Year Built: 2007
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.52
  • Road Frontage Type: County Road
  • Directions: From W A.J. Hwy in Talbott, turn onto Lakeshore Rd @ Carroll's Mkt, go 5/10 of mile and left onto Pratt Rd. Go about 1 1/2 miles and duplex will be on the left.
  • Above Grade Finished Sq Ft: 1904.0
  • Structure Type: Duplex
  • Location Tax and Legal:Tax Annual Amount: 750.57
  • Location Tax and Legal:Tax Year2: 2023
  • Location Tax and Legal:Parcel Number2: 13.00
  • General Property Information:Lot Size Acres: 0.52
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Middle or Junior School: Westview
  • Location Tax and Legal:Elementary School: Alpha Elementary
  • Location Tax and Legal:High School: West
  • General Property Information:Bathrooms Half: 2
  • General Property Information:Above Grade Finished Area: 1904.0
  • Appliances Refrigerators: Yes
  • Cooling:Heat Pump: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Roof:Shingle: Yes
  • General Property Information:Basement YN: Yes
  • Cooling:Central Air: Yes
  • Road Frontage Type:County Road: Yes
  • Laundry Features:In Basement: Yes
  • Utilities:Water Available: Yes
  • Property Condition:Year Built Effective: 2007
  • Cooling:Ceiling Fan(s): Yes
  • General Property Information:Number Of Units Total2: 2.0
  • Levels:Bi-Level: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None
  • Year Renovated: 2007

Interior Features

  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Basement: Block, Unfinished, Walk-Out Access
  • Levels: Bi-Level
  • Interior Amenities: Ceiling Fan(s)
  • Owner Pays: Taxes
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Basement:Block: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters
  • Lot Features: Cleared, Irregular Lot
  • Common Walls: 1 Common Wall
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Irregular Lot: Yes

Garage/Parking

  • Unit 1:Garage YN3: Yes
  • Unit 2:Garage YN4: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Heating: Central, Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, In Basement, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Alpha Elementary
  • High School: West
  • Middle Or Junior School: Westview

Lot Info

  • Lot Size Sq Ft: 22651.2
  • Parcel #: 13.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Telephone, Water

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26400.0
  • Number Of Units Leased: 2

Tax Info

  • Tax Annual Amount: 750.57
  • Tax Map Number: 047A
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2025
Closed on
Mar 10, 2025
Sold by
Wice Andrew W
Bought by
Masterson Christopher and Masterson Debra
Seller's Agent
Kendra Rickard
RE/MAX Real Estate Ten Midtown
Buyer's Agent
IAN CULLEN
Tennessee Valley Appraisal Services
List Price
$289,900
Sold Price
$269,400
Premium/Discount to List
-$20,500
-7.07%
Views
6
Current Estimated Value
$285,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,364
Avg. Annual Appreciation
6.93%

Purchase Details

Closed on
Dec 30, 2016
Sold by
Sizemore Sandy Michelle
Bought by
Wice Andrew W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,152
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 9, 2007
Bought by
Gerasimos Brian

Purchase Details

Closed on
Feb 6, 1990
Bought by
Lampkin Phyllis Whitehead

Purchase Details

Closed on
Feb 5, 1990
Bought by
Whitehead Franklin L and Lampkin Phyl

Purchase Details

Closed on
Jul 6, 1977
Bought by
Whitehead Eugene C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $269,400 Lakeway Title Services
Warranty Deed $102,000 --
Warranty Deed $25,000 --
Warranty Deed $56,000 --
Warranty Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,152 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2025 03/10/25 Sold $269,400 -7.1% $141 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
01/29/2025 01/29/25 For Sale $289,900 0.0% $152 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
01/08/2025 01/08/25 For Sale $289,900 0.0% $152 / Sq Ft
01/01/2025 01/01/25 Pending -- -- --
12/30/2024 12/30/24 For Sale $289,900 -- $152 / Sq Ft
Source: Lakeway Area Association of REALTORS®

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 $1,094 $74,425 $8,600 $65,825
2024 $751 $38,100 $5,350 $32,750
2023 $751 $38,100 $0 $0
2022 $751 $38,100 $5,350 $32,750
2021 $751 $38,100 $5,350 $32,750
2020 $751 $38,100 $5,350 $32,750
2019 $746 $35,025 $5,175 $29,850
2018 $746 $35,025 $5,175 $29,850
2017 $746 $35,025 $5,175 $29,850
2016 $1,115 $56,040 $8,280 $47,760
2015 $1,037 $56,040 $8,280 $47,760
2014 -- $56,040 $8,280 $47,760
2013 -- $65,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 706076

Lakeway Area Association of REALTORS®

APN: 047A-B-013.00