NOT LISTED FOR SALE

720 Pendleton Ave Morristown, TN 37813

Estimated Value: $228,000 - $278,000

3 Beds
2 Baths
1,357 Sq Ft
$189/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $259,000 $191 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,519/month

1 Day on Market

Highlights

  • View of Trees or Woods
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • 0.71 Acre Lot
  • Wood Flooring
  • No HOA

About This Home

As of May 2024

PRISTINE RENOVATION! This ranch is bursting with charm with tasteful finishes throughout. It makes the perfect move-in ready primary residence or rental property. Highlights include a remodeled kitchen with amazing tile flooring, new countertops & new stainless steel appliances, refinished hardwood flooring, beautifully updated bathrooms, a bright open main living area, neutral paint colors & updated lighting throughout, and a useful 832-SF unfinished basement that makes a great workshop and/or storage area. Level yard with a storage shed. New water heater installed. Just minutes of downtown Morristown. Conveniently located between the Tri-Cities area and Knoxville.

Last Agent to Sell the Property

Holli McCray

Greater Impact Realty License #285682 Listed on: 04/10/2024

Co-Listed By

Taylor Owens

Greater Impact Realty License #376076

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $465

Year Built

  • Built in 1956

Lot Details

  • 0.71 Acre Lot
  • Level Lot

Parking

  • Off-Street Parking

Property Views

  • Woods
  • Forest

Home Design

  • Traditional Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,357 Sq Ft Home
  • Family Room
  • Workshop
  • Storage Room
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Storage Shed

Schools

  • Lincoln Heights Elementary And Middle School
  • Morristown West High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Southern Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 042I A 024.00
  • Tax Block C

Home Details

Home Type

Single Family

Est. Annual Taxes

$465

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Directions: From downtown Morristown, turn onto Sulpher Springs Rd, then turn left onto Wylie Miller Rd, to left again onto Holdway St, to right onto Pendleton Ave. House will be located on the left. Look for yard sign on the property.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 1956
  • Lot Size Acres: 0.71
  • Co List Office Phone: 865-800-3544
  • Subdivision Name: Southern Heights
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • View:Wooded2: Yes
  • Contract Info:List PriceSqFt2: 187.91
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1357.0
  • General Property Description:SqFt - Down Lvl: 832.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Outbuildings:Storage Shed: Yes
  • Floors:Tile2: Yes
  • Basement Walkout: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Basement YN: Yes
  • Has Basement: Walkout, Unfinished
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Hardwood, Vinyl, Tile
  • Interior Amenities: Eat-in Kitchen
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Fireplace:None15: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Other Rooms:Workshop: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • View: Wooded
  • Lot Features: Level
  • Construction Type: Vinyl Siding, Frame
  • Other Structures: Storage
  • Patio And Porch Features: Porch - Covered
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Cable Available (TV Only): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking
  • GarageParking:Off-Street Parking: Yes

Utilities

  • Cooling: Central Cooling
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available (TV Only)
  • Water Source: Public
  • Sewer Septic Tank: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 30927.6
  • Parcel #: 042I A 024.00

Tax Info

  • Tax Annual Amount: 464.92
  • Tax Block: C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
May 21, 2024
Sold by
Owens Taylor E and Owens Lara S
Bought by
Lane Randy and Helton Dawn
Seller's Agent
Holli McCray
Greater Impact Realty
Buyer's Agent
Non Member Non Member
Non-Member Office
List Price
$255,000
Sold Price
$259,000
Premium/Discount to List
$4,000
1.57%
Views
87
Current Estimated Value
$275,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,141
Avg. Annual Appreciation
-0.68%
Original Mortgage
$6,000
Outstanding Balance
$5,905
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
$250,292

Purchase Details

Listed on
Jan 27, 2023
Closed on
Mar 20, 2023
Sold by
Secretary Of Housing And Urban Developme
Bought by
Owens Taylor E and Owens Lara S
Seller's Agent
SARAH RICHARDS
Spring Mountain Realty, PLLC
Buyer's Agent
Non Member
Non Member
List Price
$113,000
Sold Price
$145,000
Premium/Discount to List
$32,000
28.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.89%
Original Mortgage
$137,750
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2022
Sold by
Carrington Mortgage Services Llc
Bought by
Secretary Of Housing And Urban Development

Purchase Details

Closed on
Sep 14, 2022
Sold by
Llg Trustee Tn Llc
Bought by
Carrington Mortgage Services Llc

Purchase Details

Closed on
Feb 26, 2008
Sold by
Portrum Anna Beth
Bought by
Self Layla N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,239
Interest Rate
5.63%

Purchase Details

Closed on
Jul 17, 2007
Sold by
Bank Of New York
Bought by
Portrum Anna Beth

Purchase Details

Closed on
May 3, 2007
Sold by
Bobby Covington
Bought by
Bank Of New York

Purchase Details

Closed on
Sep 17, 2003
Sold by
Arms Gary R
Bought by
Covington Bobby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
6.24%

Purchase Details

Closed on
Sep 26, 2000
Sold by
Dean Greene
Bought by
Redmond Mark

Purchase Details

Closed on
Jun 16, 2000
Sold by
Arms Gary R and Arms Mildred F
Bought by
Dean Greene

Purchase Details

Closed on
Feb 6, 1995
Bought by
Arms Gary R and Arms Mildred F

Purchase Details

Closed on
Jun 8, 1994
Sold by
Carter Robert James
Bought by
Ann Long Jane

Purchase Details

Closed on
Jul 9, 1974
Bought by
Carter Robert James and Katherine Lou

Purchase Details

Closed on
May 6, 1974

Purchase Details

Closed on
Jun 27, 1963
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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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
Lane Randy $259,000 Blue Ridge Title
Owens Taylor E $145,000 --
Secretary Of Housing And Urban Development -- None Listed On Document
Carrington Mortgage Services Llc $138,499 --
Self Layla N $97,000 --
Portrum Anna Beth $38,500 --
Bank Of New York $30,000 --
Covington Bobby $63,500 --
Redmond Mark $1,700 --
Dean Greene $6,000 --
Arms Gary R $44,500 --
Ann Long Jane -- --
Carter Robert James -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Randy $6,000
Previous Owner Owens Taylor E $137,750
Previous Owner Not Available $96,239
Previous Owner Not Available $63,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2024 05/21/24 Sold $259,000 +1.6% $191 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $255,000 +75.9% $188 / Sq Ft
03/23/2023 03/23/23 Sold $145,000 +28.3% $115 / Sq Ft View Prior Sale
02/06/2023 02/06/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $113,000 -- $90 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $940 $63,925 $7,600 $56,325
2024 $465 $23,600 $5,075 $18,525
2023 $465 $23,600 $0 $0
2022 $465 $23,600 $5,075 $18,525
2021 $465 $23,600 $5,075 $18,525
2020 $465 $23,600 $5,075 $18,525
2019 $490 $23,000 $5,600 $17,400
2018 $490 $23,000 $5,600 $17,400
2017 $490 $23,000 $5,600 $17,400
2016 $458 $23,000 $5,600 $17,400
2015 $426 $23,000 $5,600 $17,400
2014 -- $23,000 $5,600 $17,400
2013 -- $22,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1258851

East Tennessee REALTORS® MLS

APN: 042I-A-024.00