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$599,990   Price Analysis
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1051 Mimosa Dr
Morristown, TN 37814
3 bed 3 bath 3,416 SqFt ($175/SqFt)
12.38 acre lot. Built 1965
Listed 2024-07-04, Taxes $1,586
USDA Eligible
near Morristown, TN
 Restrictions may apply
due to home size

Discover a once-in-a-lifetime opportunity with this breathtaking property at 1051 Mimosa

* Has Contingent Offer *

Offering panoramic views of Cherokee Lake and 7 minutes from downtown Morristown. Nestled on 12 acres of land, this 3-bedroom, 3-bathroom house presents a rare chance to create your dream lake view escape. As you approach the property, you're greeted by expansive, 180-degree views of Cherokee Lake, providing a serene backdrop for everyday living and entertaining. The house, though in need of some renovation, features a vast layout and boasts a extraordinary level yard perfect for outdoor activities. Additionally, the property includes a 40 feet by 60 feet insulated metal shed, ideal for storage or great workshop.

One of the standout features of the property is a duplex, offering versatility to be renovated into a mother-in-law suite, game room or guest house, providing ample space for extended family or rental income potent ial. Explore the land and discover multiple building sites that have stunning lake views, allowing you to customize your ultimate retreat. Whether you envision a peaceful sanctuary away from the city or a family compound with room to grow, this property offers unlimited possibilities and is truly a once in a lifetime opportunity. Don't miss out on this rare chance to own a piece of paradise with unparalleled views and potential. Schedule yur private tour today and seize this extraordinary opportunity.


Presented by Simon Newman at
Home & Garden Real Estate.


Property MLS #1268582 from EastTennessee

Bedrooms: 3

Total Rooms: 9
Basement Features: Crawl Space Sealed
Basement Description: Crawl Space Sealed

Total Bathrooms: 3
Full Bathrooms: 2
1/2 Bathrooms: 1

Dishwasher
Dryer
Washer

Cooling Features: Central Cooling
Fireplace Features: Gas Log
Heating Features: Central, Natural Gas, Electric
Heating: Yes
Number of Fireplaces: 1

Flooring: Marble, Carpet

Assigned Spaces: true
Garage Spaces: 2
Parking Features: RV Garage, Designated Parking, Carport, Detached, RV Parking, Common

Windows - Wood
Other Structures: Storage

Lot Description: Private, Wooded, Level, Rolling Slope
Lot Size Acres: 12.38
Lot Size Source: Tax Records
Lot Size Square Feet: 539273

View: Mountain View, Country Setting, Wooded, Lake

Association: No
Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 1586.339999999
Source Listing Status: Pending
County: Hamblen County - 38
Directions: Call agent for details
Disclaimer: No
Source Property Type: Single Family
Area: Hamblen County - 38
MLS Area Minor: Hamblen County - 38
Source Neighborhood: Solomon Prop
Parcel Number: 024 032.00
Subdivision: Solomon Prop
Property Subtype: Residential
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$80,525
$1,586
2021$unknown + $unknown
$80,525
$1,586
2020$unknown + $unknown
$52,150
$1,027
2019$unknown + $unknown
$47,200
$1,005
2018$unknown + $unknown
$47,200
$1,005
2017$unknown + $unknown
$47,200
$1,005
2016$unknown + $unknown
$47,200
$939
2015$unknown + $unknown
$47,125
$938
2014$unknown + $unknown
$54,125
$1,001
2013$unknown + $unknown
$54,125
$1,001
2012$unknown + $unknown
$54,125
$1,001
2011$unknown + $unknown
$54,125
$1,001
2010$unknown + $unknown
$54,125
$1,001
2009$unknown + $unknown
$46,225
$1,017
2008$unknown + $unknown
$46,950
$1,033
2007$unknown + $unknown
$46,950
$1,033

Listed 2024-07-04
$599,990
EastTennessee
Sold 2024-03-20
$500,000
Public Record
Listing removed 2021-03-23
$0
GreatSmokyMtns
Listing removed 2021-03-23
$0
EastTennessee
Price Changed 2020-12-11
$669,900
GreatSmokyMtns
Price Changed 2020-12-11
$669,900
EastTennessee
Price Changed 2020-12-04
$699,909
EastTennessee
Price Changed 2020-12-04
$699,909
GreatSmokyMtns
Price Changed 2020-11-25
$669,990
GreatSmokyMtns
Price Changed 2020-11-25
$669,990
EastTennessee
Price Changed 2020-11-20
$669,999
GreatSmokyMtns
Price Changed 2020-11-20
$669,999
EastTennessee
Listed 2020-11-13
$670,000
EastTennessee
Listed 2020-11-13
$670,000
GreatSmokyMtns
Sold 1990-11-28
$119,000
Public Record

Total Square Feet Living: 3416
Year Built: 1965
Building Area Total: 3416
Building Exterior Type: Wood Siding, Brick, Block
Construction Materials: Wood Siding, Brick, Block
Living Area Source: Tax Records
Property Age: 59
Total Area Sqft: 3416
Architectural Style: Traditional

Sewer: Septic Tank
Water Source: Public

West Elementary School is a public elementary school located approximately 2.5 miles away.
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Morristown West High School is a public high school located approximately 4.1 miles away.
directions icon Map directions

Lincoln Heights Middle School is a public middle school located approximately 4.3 miles away.
directions icon Map directions

Faith Christian Academy is a private elementary, middle and high school located approximately 2.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.