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1840 Lake Park Circle

1840 Lake Park Circle, Morristown, TN 37814
Property in Hamblen
Sold Aug 18, 2003
$111,000
$109,285 by Wells Fargo Home Mortgage Inc
Mortgage Due Aug 13, 2033
Sold May 10, 1996
$86,700
Local assessors in Morristown, TN have categorized 1840 Lake Park Circle as a residential type of property. The home was built in 1991 and is 33 years old. It was most recently renovated and altered in 2004. The property's lot size has been calculated to be 5,445,000 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 1,250 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1840 Lake Park Circle has a total of 1,254 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,254 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. The property was last sold in Jan 1, 1970 for $111,000. That's $44.26 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $86,700. 1840 Lake Park Circle was last assessed in 2024. The total value of the property was assessed at $33,175. Specifically, the land the property is located on was valued at $4,800. While improvements on the property were assessed at a total of $28,375. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $654. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • 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: Full basement
  • Basement Area: 1,254
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,445,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 2,508
  • Gross Building Area: 2,508
  • Building Area: 1,254
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,254
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKE PARK REV
  • Land Acres: 125
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE PARK REV PB: C PG: 83 LOT: 12 125X121.49 IRR

Ownership

  • Current Owner : PITTMAN MICHAEL D
  • Previous Owner : OSBORN BRUCE B
  • Owner Before Previous Owner: LONG FREDERICK EDWARD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamblen County School District
  • Census Tract: 101200

Geography

  • Assessors Map Reference: 039F
  • District: 02
  • Parcel: 039F-A-024.00
  • Lot: 12
  • Municipality: HAMBLEN COUNTY
  • Latitude: 36.1987
  • Longitude: -83.4032

    Address

  • Full Address: 1840 Lake Park Cir
  • Address - House Number: 1840
  • Address - Street Name: Lake Park
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Morristown
  • Carrier Code: R014
  • 4-Digit Zip Code: 1467
  • Zip Code: 37814

Valuation

    Tax

  • Total Area: 1,254
  • Tax Year: 2023
  • Tax Amount: $654
  • Tax Rate Code Area: 32A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 424,467
  • High Value: 619,354
  • Low Value: 229,579

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $127,285
  • First Open Lien Mortgage Lender: WELLS FARGO HOME MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Aug 18, 2003
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $109,285
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Aug 13, 2033
  • Second Open Lien Mortgage Lender: HOMETRUST BANK
  • Second Open Lien Mortgage Recording Date: Jun 21, 2021
  • Second Open Lien Mortgage Loan Amount: $18,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $132,700
  • Market Land Value: $19,200
  • Market Improvement Value: $113,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $33,175
  • Assessed Land Value: $4,800
  • Assessed Improvements Value: $28,375

    Sales

  • Current Sale Recording Date: Aug 18, 2003
  • Current Sale Transaction ID: 1157484631
  • Current Sale Price: $111,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 10, 1996
  • Previous Sale Amount: $86,700
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO HOME MORTGAGE INC
  • First Mortgage Transaction Date: Aug 18, 2003
  • First Mortgage Loan Amount: $109,285
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Aug 13, 2033

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Hamblen



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Frequently Asked Questions

What neighborhood is 1840 Lake Park Circle located in?
The 1840 Lake Park Circle is a located in the neighborhood of Hamblen in Hamblen, Morristown.
What is the average sales price for listings in 1840 Lake Park Circle?
The average sales price for units in 1840 Lake Park Circle is $0 currently.

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