NOT LISTED FOR SALE

726 King Ave Morristown, TN 37814

Estimated Value: $245,160 - $363,000

-- Bed
3 Baths
2,260 Sq Ft
$140/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $275,000 $122 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,809/month

6 Days on Market

Highlights

  • Deck
  • Cooling Available
  • Heat Pump System

About This Home

As of December 2022

Beautiful well maintained Duplex in great location. Each side has 2 bedrooms 1.5 baths and 1134 sq ft of living space. Nice deck off the kitchen and plenty of storage in the 1 car drive in basement. This is an excellent investment opportunity. Call listing agent today.

Last Agent to Sell the Property

Tracey Bright

Re/Max Real Estate Ten Midtown License #315479 Listed on: 11/03/2022

Re/Max Real Estate Ten Midtown

Last Buyer's Agent

Tracey Bright

Re/Max Real Estate Ten Midtown License #315479 Listed on: 11/03/2022

Re/Max Real Estate Ten Midtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,060

Year Built

  • Built in 2000

Lot Details

  • 0.4

Home Design

  • Duplex
  • Shake Roof
  • Vinyl Siding

Kitchen

  • Electric Range
  • Dishwasher

Utilities

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

Additional Features

  • Washer and Electric Dryer Hookup
  • Deck
  • 0.4 Acre Lot
  • City Lot
  • Unfinished Basement

Community Details

  • Property has a Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 004.03

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,060

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 2000
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4
  • Lot Size: 85/265/63/263
  • Subdivision Name: None
  • Directions: King duplex on right
  • Location Tax and Legal:Tax Annual Amount: 1060.22
  • Location Tax and Legal:Parcel Number2: 004.03
  • General Property Information:Lot Size Acres: 0.4
  • General Property Information:Lot Size Dimensions: 85/265/63/263
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Appliances Refrigerators: Yes
  • Cooling:Heat Pump: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • General Property Information:Basement YN: Yes
  • Gross Scheduled Income: 21300.0
  • Income And Expenses New Taxes Expense: 843.36
  • Roof:Shake: Yes
  • General Property Information:Number Of Units Total2: 2.0
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Basement: Unfinished
  • Private Spa: No
  • Basement YN: Yes
  • Fireplace: No
  • Community Features:None4: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Water Heater: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shake
  • Exterior Features: Other
  • Lot Features: City Lot, Other
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck
  • Lot Features:City Lot: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Other21: Yes
  • Exterior Features:Other12: Yes

Garage/Parking

  • Parking Features: Concrete
  • Parking Features:Concrete4: Yes
  • General Property Information:Carport YN: No
  • Unit 1:Garage YN3: Yes
  • Unit 2:Garage YN4: Yes
  • Unit 3:Garage YN5: No
  • Unit 4:Garage YN6: No

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: None
  • Amenities: Cable TV
  • Association: Yes

Association/Amenities

  • Association Amenities:Cable TV: Yes

Lot Info

  • Lot Size Sq Ft: 17424.0
  • Parcel #: 004.03
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 843.36
  • Tax Annual Amount: 1060.22
  • Tax Map Number: 034A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Dec 29, 2022
Sold by
Emproto Kristie
Bought by
Mountain Peak Properties Llc
Seller's Agent
Tracey Bright
Re/Max Real Estate Ten Midtown
Buyer's Agent
Tracey Bright
Re/Max Real Estate Ten Midtown
List Price
$319,900
Sold Price
$275,000
Premium/Discount to List
-$44,900
-14.04%
Total Days on Market
6
Current Estimated Value
$315,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,720
Avg. Annual Appreciation
2.57%

Purchase Details

Listed on
Nov 3, 2022
Closed on
Nov 21, 2022
Sold by
Dibb Douglas R and Dibb Nick C
Bought by
Emproto Krtstie
Seller's Agent
Tracey Bright
Re/Max Real Estate Ten Midtown
Buyer's Agent
Tracey Bright
Re/Max Real Estate Ten Midtown
List Price
$319,900
Sold Price
$275,000
Premium/Discount to List
-$44,900
-14.04%

Purchase Details

Closed on
Aug 3, 2005
Sold by
Mccorkle Lyle H
Bought by
Tessitore Nick C

Purchase Details

Closed on
Oct 20, 1999
Bought by
Mccorkle Lyle H and Moore David S

Purchase Details

Closed on
Dec 31, 1998
Bought by
Myers Merlin and Myers Sharon R
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
Mountain Peak Properties Llc -- Unified Title & Escrow
Emproto Krtstie $275,000 --
Tessitore Nick C $130,500 --
Mccorkle Lyle H $104,000 --
Myers Merlin $80,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Sold $275,000 -14.0% $122 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $319,900 -- $142 / 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 $1,060 $60,240 $5,760 $54,480
2023 $1,060 $60,240 $0 $0
2022 $1,903 $60,240 $5,760 $54,480
2021 $1,903 $60,240 $5,760 $54,480
2020 $1,901 $60,240 $5,760 $54,480
2019 $1,847 $54,320 $4,120 $50,200
2018 $1,711 $54,320 $4,120 $50,200
2017 $1,684 $54,320 $4,120 $50,200
2016 $1,608 $54,320 $4,120 $50,200
2015 $1,496 $54,320 $4,120 $50,200
2014 -- $54,320 $4,120 $50,200
2013 -- $65,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 610470

Lakeway Area Association of REALTORS®

APN: 034A-F-004.03