501 Lee Drive

Local assessors in Morristown, TN have categorized 501 Lee Drive as a type of property. The home was built in 1955 and is 71 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 13,939 square feet. The linear feet between the front and back of the lot was measured at 980 ft and the front of the lot was measured at 1,420 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a . As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 100 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 501 Lee Drive has a total of 1,487 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 that is 300 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 system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a for those who need a place to park their vehicle. The garage on the property is 252 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a and a 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 . 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 - . The building has a style roof that was made of . Lots of were used in the construction of the exterior walls of the home. While the walls in the interior have been made of . As for flooring, was the material of choice during construction. Residents rely on for their cooling system. The home's is the primary heating source and it is being fueled with . There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 501 Lee Drive sold most recently in Apr 22, 2022 for a total of $140,000. If you work out the math, that's approximately a cost of $94.15 per sqft. Before that, the property was also sold for $7,000 in Apr 12, 2022. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $48,200 in taxes each year. 501 Lee Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $27,400. If we break it down further, the land itself was valued at $4,950. Improvements to the property, however, were assessed at a total of $22,450. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.