430 West Economy Road, Morristown, TN 37814
Hamblen
Nearby Active Listings
Welcome to 430 West Economy Road, a building located in Hamblen in Morristown, TN.
As a quick overview, these are the most up-to-date information we've collected about the property.
The building itself was built in 1985.
This is a single story building.
Finally, 430 West Economy Road was most recently sold on Aug 21, 2020 for $1,950,000.
The market value for the land that the building sits on has been listed at $175,600.
In addition, improvements upon the building have an added value of $1,472,000.
In total, the total market value of the property as a whole is $1,647,600.
According to local assessors, the total value of the building is currently valued at $659,040.
Specifically, the value of the land that the property sits on has been assessed at $70,240.
The building was last assessed in 2024.
There are another one buildings located on the same land that 430 West Economy Road was built on.
Here's what we know about the features and amenities in this building.
While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead.
We are not sure what system the building uses for cooling.
Sadly, informaton related to the heating system was not disclosed.
There is no porch or patio on the premise of the property.
For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool.
The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Policies
Cats Allowed
Dogs Allowed
Facts
Effective Year Built
1995
Bathroom Plumbing Fixtures
154
Building Condition
Average
Exterior Walls Type
Brick
Interior Walls Type
Gypsum board (drywall, sheetrock, etc.)
Roof Shape Type
Gable or hip
Roof Cover Type
Composition shingle
Business/Commerical Units Count
1
Building
Property Class
Commercial
Subdivision
KING HIRAM FARM
Standard Land Use Code
Commercial (general)
County Land Use Code
unknown
State Land Use Code
unknown
Legal Description 1
KING HIRAM FARM PB: 1 PG: 105 LOT: 20 RAND 430
Ownership
Current Owner
RAND 430 LLC
Current Owner's Name
RAND 430 LLC
Previous Owner
HMS ASSOCIATES ACQUISITIONS LLC
Previous Owner's Name
HMS ASSOCIATES ACQUISITION LLC
Owner Address - City
SAINT PAUL
Owner Address - ZIP Code
55127
Owner Before Previous Owner
MORRISTOWN PROPERTIES LP
Ownership Rights Codes
Company/Corporation
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Hamblen County School District
School Tax School District
32500
Census - Combined Statistical Area - Area Code
315
Census - Combined Statistical Area - Area Name
Knoxville-Morristown-Sevierville, TN
Census - County FIPS
47063
Census - Full FIPS
470631009001001
Census - Metro Micro Statistical Area - Area Code
34100
Census - Metro Micro Statistical Area - Area Name
Morristown, TN
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
4750280
Census Source
US Census Bureau
School District - Unified - Grade High
12
School District - Unified - Grade Low
KG
School District - Unified - LEA Code
4700001
School District - Unified - Name
Hamblen County School District
Geography
Assessors Map Reference
041B
Mailing Carrier Code
C009
Mailing Street Direction
W
Mailing Full Street Address
2 W BAY LN
Mailing 4-Digit Zip Code
2601
Valuation
Timestamp
2024-03-06 19:15:01
More About The Building
In total, the building area is listed as 36,738 square feet.
The building itself has 36,738 square footage of total floor area.
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition.
The building class code for 430 West Economy Road is unknown but given the importance of this information, we will work to update this data as soon as possible.
Interested in learning more about the neighborhood that the property is located in?
Buildings in the 37814 area have a median price of $2,195.
Those in the 25th percentile, have a price around $2,195.
While those in the 75th percentile, have a price around $2,195.
Typically, the buildings in this area have a median sqft of 1,749.
That means that the median price per sqft is around $1.
In other words, the price per sqft for buildings in the 25th percentile is $1.
While the price per sqft for buildings in the 75th percentile is $1.
As a breakdown, we've included the following stats:
- There are currently no studio listings being advertised in the area.
- There are currently no one bedroom listings being advertised in the area.
- There are currently no two bedroom listings being advertised in the area.
- There is currently a single advertised three bedroom listing.
- There are currently no four bedroom listings being advertised in the area.
About The Area
430 West Economy Road is located in 37814.
There are 34,367 people living here.
There are 12,890 households.
Most of these households have an average family size of 3.09 people.
According to the census, 35% are currently renting while 65% own their homes.
The median age of this population is around 39.7 years old.
On average, most folks in the zipcode are married.
About 11% of folks speak a language other than English in this area.
The area's employment rate is currently around 50.4%.
Speaking of employment, the median income is $41,273.
Most folks will commute by car for around 23.0 minutes.
Finally, we know that 38% of residents in the area have graduated with their high school degree.
Additionally, 11% and 7% have their Bachelor's and Master's degree, respectfully.
Moving on to the county level.
Hamblen County, Tennessee has a population of 63,203 people.
Based on census records, there are 24,442 registered households.
Families in this area are on average made up of 3.07 people per household.
Most folks are unmarried.
They are also typically around 40.5 years old.
Does diversity matter to you? Right now, 9% of folks speak a language other than English here.
About 34% rent while 66% purchased their homes.
Right now, the community is made up of 42% of residents who have graduated with at least a high school degree.
On top of that, 10% have a Bachelor's degree and 6% have a Master's degree.
The employment rate is currently around 50.3%.
Those employed, have a median income of $39,270.
Nearby Schools
(within attendance boundary)
551 West Economy Rd, Morristown, TN 37814
Public
•
Elementary
•
Grades PK to 5
Hamblen County School District
1 Indian Path, Morristown, TN 37813
Public
•
Middle School
•
Grades 6 to 8
Hamblen County School District
One Trojan Trl, Morristown, TN 37813
Public
•
High School
•
Grades 9 to 12
Hamblen County School District
School zoning information and other data are provided by
RealtyHop Schools and 3rd party sources.
The contents of the database are not guaranteed to be accurate or timely.
Contact the schools or districts before making any decisions using on this data.