See Home Value
Morristown 37814
1515 Melrose Avenue
$157,451*
House - Off Market

1515 Melrose Avenue

Morristown, TN 37814
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1008 Sqft
$126,000 - $152,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold May 05, 2021
$126,550
$123,226 by Mortgage Investors Group Inc
Mortgage Due May 01, 2051
Sold Jan 27, 2009
$48,000
C
Buyer

About This Property

Ready to move into.  It is a pleasure to show this one.

The manager has listed the unit size as 1008 square feet.
Unit Size
1,008Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$139
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1960

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
May 5, 2021 Sold to Robert L Smith $126,550
Sold to Robert L Smith
Mar 28, 2021 In contract -
In contract
Feb 3, 2021 Listed $139,900
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 192
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,962,080
  • Lot Size Depth Feet: 1,850
  • Lot Size Frontage Feet: 680
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 68
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 68 X 192 IRR

Ownership

  • Current Owner : SMITH ROBERT L
  • Previous Owner : WOLFE DALE A
  • Previous Owner 2: WOLFE KATHERINE
  • Owner Before Previous Owner: DAVIS WINSTON R

Neighborhood

  • School District Name: Hamblen County School District
  • School Tax School District: 32500
  • Census Tract: 100400

Geography

  • Assessors Map Reference: 025P
  • District: 01
  • Parcel: 025P-C-013.00
  • Municipality: MORRISTOWN
  • Latitude: 36.2307
  • Longitude: -83.2904

    Address

  • Full Address: 1515 Melrose Ave
  • Address - House Number: 1515
  • Address - Street Name: Melrose
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Morristown
  • Carrier Code: C009
  • 4-Digit Zip Code: 2984
  • Zip Code: 37814

Valuation

    Tax

  • Total Area: 1,008
  • Tax Year: 2023
  • Tax Amount: $395
  • Tax Rate Code Area: 32B01

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 407,665
  • High Value: 594,838
  • Low Value: 220,491

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $129,226
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: May 05, 2021
  • First Open Lien Mortgage Loan Amount: $123,226
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2051
  • Second Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • Second Open Lien Mortgage Recording Date: May 05, 2021
  • Second Open Lien Mortgage Loan Amount: $6,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $89,800
  • Market Land Value: $14,100
  • Market Improvement Value: $75,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $22,450
  • Assessed Land Value: $3,525
  • Assessed Improvements Value: $18,925

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: May 05, 2021
  • Current Sale Transaction ID: 11834461017
  • Current Sale Price: $126,550
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21004013
  • Previous Sale Recording Date: Jan 27, 2009
  • Previous Sale Amount: $48,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: May 05, 2021
  • First Mortgage Loan Amount: $123,226
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Morristown


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Nearby Rentals

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$1,150 /mo

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  • 1 Bath
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2465 Wayman St #2465 Wayman St, Morristown, TN, 37814 Listing by Manager
Unit for rent at 812 Sherwood St, Morristown, TN, 37814

$675 /mo

  • 1 Bed
  • 1 Bath
812 Sherwood St #812 Sherwood St - #1, Morristown, TN, 37814 Listing by Manager
Unit for rent at 1883 Hugh Dr, Morristown, TN, 37813

$2,500 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,277 ft²
1883 Hugh Dr #1883 Hugh Dr, Morristown, TN, 37813 Listing by Manager


Frequently Asked Questions

When was property at 1515 Melrose Avenue built and last sold?
The property at 1515 Melrose Avenue was built in 1960 and last sold on Apr 30, 2021 for $126,550.
How much is this home worth?
The estimated value of the home located at 1515 Melrose Avenue is $141,742.
What are some comparable homes to 1515 Melrose Avenue?
There are currently no comparable homes to 1515 Melrose Avenue.

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