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540 Callaway Drive

540 Callaway Drive, Morristown, TN 37814
Property in Hamblen
Sold Aug 28, 2020
$130,000
$127,645 by Broker Solutions Inc
Mortgage Due Sep 01, 2050
Sold Feb 13, 2015
$25,000
Local assessors in Morristown, TN have categorized 540 Callaway Drive as a residential type of property. The home was built in 1960 and is 64 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 14,810 square feet. The linear feet between the front and back of the lot was measured at 1,760 ft and the front of the lot was measured at 900 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 is one full bathroom. There is also a partial bathroom. 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 540 Callaway Drive has a total of 1,144 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 1,144 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. 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 carport for those who need a place to park their vehicle. 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 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 brick 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. The home's a radiant heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 540 Callaway Drive was last sold in Aug 27, 2020 for $130,000. According to our calculations, that's $56.82 per sqft. Prior to that sales transaction, the property was sold for $25,000 in Feb 12, 2015. Current property owners are expected to pay $396 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 540 Callaway Drive was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $22,500. To break that down further, the land itself was valued at $3,675. While improvements to the property were assessed at a total of $18,825. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1985
  • 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: Full basement
  • Basement Area: 1,144
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 1,760
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,288
  • Gross Building Area: 2,288
  • Building Area: 1,144
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Radiant
  • Heated Square Feet: 1,144
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SPOONE FRANK SUB
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SPOONE FRANK SUB PB: 2 PG: 130 BLK: E LOT: 19 90X177.6 IRR

Ownership

  • Current Owner : VALENCIA KATYA RAMIREZ
  • Current Owner 2: GARCIA RICARDO
  • Previous Owner : GUZMAN ISRAEL
  • Previous Owner 2: GUZMAN JORGE REYES
  • Owner Before Previous Owner: CRAYNE ANGELA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 024M
  • District: 01
  • Parcel: 024M-B-012.00
  • Block: E
  • Lot: 19
  • Municipality: MORRISTOWN
  • Latitude: 36.2323
  • Longitude: -83.3024

    Address

  • Full Address: 540 Callaway Dr
  • Address - House Number: 540
  • Address - Street Name: Callaway
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Morristown
  • Carrier Code: C012
  • 4-Digit Zip Code: 2804
  • Zip Code: 37814

Valuation

    Tax

  • Total Area: 1,144
  • Tax Year: 2023
  • Tax Amount: $396
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 32B01

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 407,744
  • High Value: 594,953
  • Low Value: 220,534

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $157,645
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Aug 28, 2020
  • First Open Lien Mortgage Loan Amount: $127,645
  • 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: Sep 01, 2050
  • Second Open Lien Mortgage Lender: LOWLAND CU
  • Second Open Lien Mortgage Recording Date: Dec 08, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $30,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $90,000
  • Market Land Value: $14,700
  • Market Improvement Value: $75,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $22,500
  • Assessed Land Value: $3,675
  • Assessed Improvements Value: $18,825

    Sales

  • Current Sale Contract Date: Aug 27, 2020
  • Current Sale Recording Date: Aug 28, 2020
  • Current Sale Transaction ID: 11785037568
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20006630
  • Previous Sale Recording Date: Feb 13, 2015
  • Previous Sale Contract Date: Feb 12, 2015
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Aug 28, 2020
  • First Mortgage Loan Amount: $127,645
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2050

About Morristown



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Frequently Asked Questions

What neighborhood is 540 Callaway Drive located in?
The 540 Callaway Drive is a located in the neighborhood of Hamblen in Morristown, Morristown.
What is the average sales price for listings in 540 Callaway Drive?
The average sales price for units in 540 Callaway Drive is $0 currently.

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