Seller's Agent in 2022
Laura Dickerson
RE/MAX
(423) 748-7243
186 Total Sales
740 E 1st St N Morristown, TN 37814
Estimated Value: $1,022,054 - $1,122,000
--
Bed
17
Baths
11,430
Sq Ft
$94/Sq Ft
Est. Value
Highlights
- Porch
- Wood Siding
- Wall Furnace
- Cooling System Mounted In Outer Wall Opening
About This Home
As of May 2022Cedartown apartments. 16 doors. 14 one bedrooms and 2 efficiency apartments. Hotel unit heat and air. Each unit is equipment with an electric range and refrigerator. Seller charges rent weekly. One bedroom units pay $145/week and the efficiency pays $135/ week. The complex is on one water meter and seller pays the water. Tenants pay any electric over $100/month. Expense breakdown in realtor associated docs. Seller will accept offers for 7 days and will make a decision on 3.21.22 by 8 PM.
Last Agent to Sell the Property
Re/Max Real Estate Ten Midtown License #326690 Listed on: 03/13/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,886
Year Built
- Built in 1975
Lot Details
- 0.91 Acre Lot
- Lot Dimensions are 171 x 242 x 170 x 228
Home Design
- Block Foundation
- Slab Foundation
- Shingle Roof
- Wood Siding
Utilities
- Cooling System Mounted In Outer Wall Opening
- Wall Furnace
- Electric Water Heater
Additional Features
- Electric Range
- Block Basement Construction
- Porch
- City Lot
Listing and Financial Details
- Assessor Parcel Number 013.00
Community Details
Overview
- 16 Units
Building Details
- 1 Separate Water Meter
- Insurance Expense $3,247
- Net Operating Income $66,744
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2022
Closed on
May 20, 2022
Sold by
Trent Ricky L
Bought by
Jpp Holdings Llc
Seller's Agent
Laura Dickerson
Re/Max Real Estate Ten Midtown
Buyer's Agent
Joe Patel
RE/MAX Real Estate Ten Midtown
List Price
$950,000
Sold Price
$950,000
Total Days on Market
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,027
Avg. Annual Appreciation
4.42%
Original Mortgage
$807,500
Outstanding Balance
$731,677
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$351,899
Purchase Details
Closed on
Mar 18, 2004
Bought by
Trent Ricky
Purchase Details
Closed on
Jul 20, 1995
Bought by
Johnson J Randall J and Johnson Ruby J
Purchase Details
Closed on
Jan 18, 1980
Bought by
Sluder Johnson J and Sluder William
Purchase Details
Closed on
Apr 19, 1977
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jpp Holdings Llc | $950,000 | None Listed On Document | |
| Trent Ricky | -- | -- | |
| Johnson J Randall J | $320,000 | -- | |
| Sluder Johnson J | -- | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jpp Holdings Llc | $807,500 | |
| Previous Owner | Ricky Trent | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2022 05/20/22 | Sold | $950,000 | 0.0% | $83 / Sq Ft |
| 03/18/2022 03/18/22 | Pending | -- | -- | -- |
| 03/13/2022 03/13/22 | For Sale | $950,000 | -- | $83 / Sq Ft |
Source: Lakeway Area Association of REALTORS®
Tax History Compared to Growth
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 | $2,886 | $163,960 | $30,880 | $133,080 |
| 2023 | $2,886 | $163,960 | $0 | $0 |
| 2022 | $5,181 | $163,960 | $30,880 | $133,080 |
| 2021 | $5,181 | $163,960 | $30,880 | $133,080 |
| 2020 | $5,175 | $163,960 | $30,880 | $133,080 |
| 2019 | $5,639 | $165,840 | $32,000 | $133,840 |
| 2018 | $5,224 | $165,840 | $32,000 | $133,840 |
| 2017 | $5,141 | $165,840 | $32,000 | $133,840 |
| 2016 | $4,909 | $165,840 | $32,000 | $133,840 |
| 2015 | $4,567 | $165,840 | $32,000 | $133,840 |
| 2014 | -- | $165,840 | $32,000 | $133,840 |
| 2013 | -- | $173,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Dickerson
-
Joe Patel
Buyer's Agent in 2022
Joe Patel
RE/MAX
(423) 839-4192
6 Total Sales
Map
Source: Lakeway Area Association of REALTORS®
MLS Number: 606012
APN: 034I-O-013.00
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