NOT LISTED FOR SALE

819 Mcfarland St Morristown, TN 37814

-- Bed
-- Bath
12,600 Sq Ft
1.39 Acres

Last Sold May 20, 2022

Last sale price $1,000,000 $79 Per Sq Ft

5 Days on Market

Highlights

  • Porch
  • Baseboard Heating
  • Wood Siding
  • Window Unit Cooling System

About This Home

As of May 2022

Convenient Location! McFarland Apartments. 16 one bedroom units and 4 two bedroom units. Each one bedroom unit has a Refrigerator and electric range. Baseboard heat and window unit style heat and air conditioning. Two bedroom units have washer/dryer hook ups in kitchen along with a electric range and refrigerator. Each unit has a water and electric meter. Seller rents each at a weekly rate. For the one bedroom units, seller pays the first $100.00 in utility bills and tenant pays anything above that. The two bedroom units are responsible for their own utilities. Rental rate for 1 bedroom units is $145.00/week. Three of the two bedroom units rent for $137.50/week and one currently rents for $125.00/week. Gross income in 2020 was $139,626.75. Detail of expenses in realtor associated docs. Seller will accept offers for 7 days and will make a decision on 3.21.22.

Last Agent to Sell the Property

Laura Dickerson

Re/Max Real Estate Ten Midtown License #326690 Listed on: 03/13/2022

Re/Max Real Estate Ten Midtown

Last Buyer's Agent

Joe Patel

RE/MAX Real Estate Ten Midtown License #330548

RE/MAX Real Estate Ten Midtown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,400

Year Built

  • Built in 1973

Lot Details

  • 1.39

Home Design

  • Block Foundation
  • Shingle Roof
  • Wood Siding
  • Stone Veneer

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Electric Range
  • Block Basement Construction
  • Porch
  • 1.39 Acre Lot
  • City Lot

Community Details

  • 20 Units
  • Insurance Expense $3,572

Listing and Financial Details

  • Assessor Parcel Number 006.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,400

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 1973
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.39
  • Lot Size: irrx 254 x 188 x 460
  • Subdivision Name: None
  • Directions: West first north street to Jackson. Left on 7th North. Right on McFarland. Property on left. See sign
  • Location Tax and Legal:Tax Annual Amount: 4400.0
  • Location Tax and Legal:Parcel Number2: 006.00
  • Water Source:Public: Yes
  • General Property Information:Spa YN: No
  • Appliances Refrigerators: Yes
  • Foundation Details:Block3: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Gross Scheduled Income: 139626.75
  • Income And Expenses New Taxes Expense: 3500.0
  • Cooling:Window Unit(s): Yes
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Exterior Features: Other
  • Lot Features: City Lot, Other
  • Home Warranty: No
  • Construction Type: Asphalt, Stone Veneer, Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Porch
  • Lot Features:City Lot: Yes
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Porch: Yes
  • Construction Materials:Stone Veneer: Yes
  • Lot Features:Other21: Yes
  • Exterior Features:Other12: Yes

Garage/Parking

  • Unit 1:Garage YN3: No
  • Unit 2:Garage YN4: No
  • Unit 3:Garage YN5: No
  • Unit 4:Garage YN6: No
  • Parking Features:Asphalt: Yes

Utilities

  • Cooling: Window Unit(s)
  • Heating: Baseboard, Other
  • Sewer: Public Sewer
  • Laundry Features: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Other18: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Community Features: None

Lot Info

  • Lot Size Sq Ft: 60548.4
  • Parcel #: 006.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 20

Tax Info

  • New Taxes Expense: 3500.0
  • Tax Annual Amount: 4400.0
  • Tax Map Number: 033K

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

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $1,000,000 0.0% $79 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/13/2022 03/13/22 For Sale $999,900 -- $79 / Sq Ft
Source: Lakeway Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Laura Dickerson

    Seller's Agent in 2022

    Laura Dickerson

    RE/MAX

    (423) 748-7243

    187 Total Sales

    Laura Dickerson
    Section Image
  • Joe Patel

    Buyer's Agent in 2022

    Joe Patel

    RE/MAX

    (423) 839-4192

    6 Total Sales

    Joe Patel
    Section Image
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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 606011

Lakeway Area Association of REALTORS®

Tennessee Hamblen County Morristown 37814

819 Mcfarland St, Morristown, TN

This home is located at 819 Mcfarland St, Morristown, TN 37814 since 13 March 2022. This property was built in 1973. 819 Mcfarland St is a home located in Hamblen County with nearby schools including West Elementary School, Lincoln Heights Middle School, and Morristown West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Lakeway Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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