NOT LISTED FOR SALE

926 W 7th St N Morristown, TN 37814

Estimated Value: $145,000 - $212,000

-- Bed
2 Baths
1,875 Sq Ft
$96/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $132,000 $70 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,012/month

40 Days on Market

Highlights

  • Covered Patio or Porch
  • Ceiling Fan
  • Many Trees
  • Window Unit Cooling System
  • Heating unit installed on the ceiling

About This Home

As of August 2021

Excellent investment opportunity 2Bd/1Ba each side brick duplex! Call Tristan Hopkins 423-754-5272 for showings appointment only

Last Agent to Sell the Property

Tristan Hopkins

Hopkins Real Estate & Auction Team License #356445 Listed on: 04/08/2021

Co-Listed By

THOMAS FRANKLIN

Hopkins Real Estate & Auction Team License #329096

Last Buyer's Agent

Non Member

Non Member - Sales

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $444

Year Built

  • Built in 1962

Lot Details

  • 0.44 Acre Lot
  • Many Trees

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Ceiling Fan
  • Basement
  • Crawl Space
  • Fire and Smoke Detector
  • Electric Range

Laundry

  • Laundry on main level
  • Washer

Schools

  • West Elementary School
  • Lincoln Middle School
  • West High School

Utilities

  • Window Unit Cooling System
  • Heating unit installed on the ceiling
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 014.00

Community Details

Overview

  • 2 Units
  • Summitt Heights Subdivision

Building Details

  • Insurance Expense $828
  • Net Operating Income $11,815

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$444

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 1962
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.44
  • Lot Size: 109/183/103/179
  • Subdivision Name: Summitt Heights
  • Directions: GPS Friendly, from W 1st north st turn right on High St, Continue up hill at last stop sign, duplex infront of you.
  • Location Tax and Legal:Tax Annual Amount: 444.4
  • Location Tax and Legal:Parcel Number2: 014.00
  • Location Tax and Legal:Tax Block: 0
  • General Property Information:Lot Size Acres: 0.44
  • General Property Information:Lot Size Dimensions: 109/183/103/179
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Middle or Junior School: Lincoln
  • Location Tax and Legal:Elementary School: West Elementary
  • Location Tax and Legal:High School: West
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Roof:Shingle: Yes
  • General Property Information:Basement YN: Yes
  • Security Features:Smoke Detector(s): Yes
  • Gross Scheduled Income: 13800.0
  • Income And Expenses New Taxes Expense: 352.44
  • Laundry Features:Main Level: Yes
  • Cooling:Window Unit(s): Yes
  • General Property Information:Number Of Units Total2: 2.0
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Basement: Crawl Space
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Private Spa: No
  • Basement YN: Yes
  • Fireplace: No
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Pantry: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: City Lot, Many Trees
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Covered, Porch
  • Lot Features:City Lot: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Many Trees: Yes

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Heating: Ceiling
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Ceiling: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 19166.4
  • Parcel #: 014.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Income And Expenses Net Operating Income: 11815.16

Tax Info

  • New Taxes Expense: 352.44
  • Tax Annual Amount: 444.4
  • Tax Block: 0
  • Tax Map Number: 033k

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Aug 13, 2021
Sold by
Green Janice Diane and Gilbert Betty Kay
Bought by
Gudger Anthony
Seller's Agent
Tristan Hopkins
Hopkins Real Estate & Auction Team
Buyer's Agent
Non Member
Non Member - Sales
List Price
$164,900
Sold Price
$132,000
Premium/Discount to List
-$32,900
-19.95%
Current Estimated Value
$180,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,278
Avg. Annual Appreciation
7.96%
Original Mortgage
$129,609
Outstanding Balance
$118,362
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$61,916

Purchase Details

Closed on
Jul 20, 2010
Sold by
Morie Lisa Franklin
Bought by
Gilbert Betty K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,820
Interest Rate
4.7%

Purchase Details

Closed on
Nov 8, 1989
Bought by
Holder Grace

Purchase Details

Closed on
May 13, 1985
Bought by
Deason Deason C and Deason Everee
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
Gudger Anthony $132,000 Title Group Of Tennessee
Gilbert Betty K -- --
Holder Grace $56,000 --
Deason Deason C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gudger Anthony $129,609
Previous Owner Gilbert Betty K $49,100
Previous Owner Deason Deason C $48,820
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $132,000 -20.0% $70 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $164,900 -- $88 / 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 $444 $25,250 $5,800 $19,450
2023 $444 $25,250 $0 $0
2022 $798 $25,250 $5,800 $19,450
2021 $798 $25,250 $5,800 $19,450
2020 $796 $25,250 $5,800 $19,450
2019 $655 $19,250 $5,275 $13,975
2018 $607 $19,250 $5,275 $13,975
2017 $597 $19,250 $5,275 $13,975
2016 $570 $19,250 $5,275 $13,975
2015 $530 $19,250 $5,275 $13,975
2014 -- $19,250 $5,275 $13,975
2013 -- $22,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tristan Hopkins

    Seller's Agent in 2021

    Tristan Hopkins

    Hopkins Real Estate & Auction Team

    72 Total Sales

    Tristan Hopkins
    Section Image
  • THOMAS FRANKLIN

    Seller Co-Listing Agent in 2021

    THOMAS FRANKLIN

    Hopkins Real Estate & Auction Team

    (423) 523-2334

    14 Total Sales

    THOMAS FRANKLIN
    Section Image

  • N

    Buyer's Agent in 2021

    Non Member

    Non Member - Sales

See All Agents

Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 601237

Lakeway Area Association of REALTORS®

APN: 033K-F-014.00

Tennessee Hamblen County Morristown 37814

926 W 7th St N, Morristown, TN

This home is located at 926 W 7th St N, Morristown, TN 37814 since 08 April 2021 and is currently estimated at $180,278, approximately $96 per square foot. This property was built in 1962. 926 W 7th St N 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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