NOT LISTED FOR SALE

5226 Aspen Ave Morristown, TN 37813

Estimated Value: $42,744 - $240,000

0.49 Acre
$279,461 Price per Acre
21,344 Sq Ft Lot

Last Sold July 28, 2023

Last sale price $41,000

Est. 234% increase in value since last sale

Current estimated payment $777/month

1,895 Days on Market

About This Lot

As of July 2023

Beautiful lot at the back of the Subdivision that backs up to a wooded area for privacy. City sewer. Conveniently located to schools, work, shopping and medical.

Last Listed By

Lauren Castle

CASTLE & ASSOCIATES REAL ESTATE License #268079 Listed on: 04/04/2018

Property Details

Property Type

Land

Est. Annual Taxes

$166

Lot Details

0

Listing Details

  • Possible Use: Single Family
  • Fencing: None
  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 0.49
  • Lot Size: 65.76/242.99/186.15/irr
  • Subdivision Name: Cedar Ridge
  • Directions: Hwy 160 to right on Dearing Road, turn left in to Cedar Ridge Subdivision, turn left on Aspen and follow around to lot on the left.
  • Special Features: VirtualTour

Interior Features

  • Community Features:None4: Yes

Exterior Features

  • Lot Features: City Lot, Cleared, Gentle Sloping, Level, Wooded
  • Waterfront: No
  • Disclosures: None, Other
  • Lot Features:City Lot: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Level: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Not Available, Dial Up Internet, DSL Internet, Fiber Internet

Condo/Co-op/Association

  • Community Features: None
  • Association Fee Frequency: Monthly
  • Association Name: 0
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Name: 0

Schools

  • Elementary School: Alpha Elementary
  • High School: West
  • Middle Or Junior School: Westview

Lot Info

  • Lot Size Sq Ft: 21344.4
  • Parcel #: 022.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 293.73
  • Tax Map Number: 055B
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2018
Closed on
Jul 28, 2023
Sold by
Quach Khiem T
Bought by
Burnley Joel D and Burnley Alesia M
Seller's Agent
Lauren Castle
CASTLE & ASSOCIATES REAL ESTATE
Buyer's Agent
Donna Rickard
Crye-Leike Lakeway West
List Price
$49,900
Sold Price
$41,000
Premium/Discount to List
-$8,900
-17.84%
Total Days on Market
1895
Current Estimated Value
$136,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,936
Avg. Annual Appreciation
122.04%
Original Mortgage
$25,600
Outstanding Balance
$23,959
Interest Rate
6.1%
Mortgage Type
New Conventional
Estimated Equity
$141,633

Purchase Details

Closed on
Dec 12, 2013
Sold by
Ewc Investments Llc
Bought by
Quach Khiem T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2011
Sold by
Cedar Ridge Development Lp
Bought by
Ewc Investments Llc

Purchase Details

Closed on
Oct 12, 2005
Bought by
South Ridge Development Lp

Purchase Details

Closed on
Apr 6, 2005
Bought by
South Ridge Development Lp

Purchase Details

Closed on
Sep 9, 1995
Bought by
Lester Helen M L and Lester E

Purchase Details

Closed on
Aug 30, 1976
Bought by
Lester Helen M

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Burnley Joel D $4,100 Colonial Title Group
Quach Khiem T $25,000 --
Ewc Investments Llc $49,900 --
South Ridge Development Lp -- --
South Ridge Development Lp $368,700 --
Lester Helen M L $100,000 --
Lester Helen M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burnley Joel D $25,600
Previous Owner Quach Khiem T $20,000
Previous Owner Ewc Investments Llc $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $41,000 -17.8% --
06/12/2023 06/12/23 Pending -- -- --
04/04/2018 04/04/18 For Sale $49,900 -- --
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 $166 $9,425 $9,425 --
2023 $166 $9,425 $0 $0
2022 $298 $9,425 $9,425 $0
2021 $298 $9,425 $9,425 $0
2020 $298 $9,425 $9,425 $0
2019 $322 $9,475 $9,475 $0
2018 $298 $9,475 $9,475 $0
2017 $294 $9,475 $9,475 $0
2016 $281 $9,475 $9,475 $0
2015 $261 $9,475 $9,475 $0
2014 -- $9,475 $9,475 $0
2013 -- $12,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lauren Castle

    Seller's Agent in 2023

    Lauren Castle

    CASTLE & ASSOCIATES REAL ESTATE

    (423) 312-1910

    260 Total Sales

    Lauren Castle
    Section Image
  • Donna Rickard

    Buyer's Agent in 2023

    Donna Rickard

    Crye-Leike Lakeway West

    (865) 548-6730

    137 Total Sales

    Donna Rickard
    Section Image
See All Agents

Map

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Source: Lakeway Area Association of REALTORS®

MLS Number: 577651

Lakeway Area Association of REALTORS®

APN: 055B-B-022.00

Tennessee Hamblen County Morristown 37813

5226 Aspen Ave, Morristown, TN

Homes for Sale in Morristown, TN

This home is located at 5226 Aspen Ave, Morristown, TN 37813 since 04 April 2018 and is currently estimated at $136,936. 5226 Aspen Ave is a home located in Hamblen County with nearby schools including Alpha Elementary School, West View 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.