4516 Majestic Magnolia Ln
Morristown, TN 37814
3 bd 3 ba 2,799 sqft Built 1997 Lot 18,295 sqft single_family
Most recent sale
$359,000
May 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 6, 2024 | Sold | $429,000 | LakewayArea |
| May 4, 2022 | Sold | $359,000 | Public Record |
| Mar 16, 2022 | Price changed | $363,000 | MLS #605832 |
| Feb 28, 2022 | Listed | $368,000 | MLS #605832 |
| Jun 4, 2018 | Listing removed | $229,900 | LakewayArea |
| Jun 1, 2018 | Sold | $229,900 | Public Record |
| Feb 27, 2018 | Listed | $229,900 | MLS #577058 |
| Sep 1, 2011 | Sold | $183,000 | Public Record |
| Jul 25, 2011 | Listing removed | $184,900 | LakewayArea |
| May 31, 2011 | Price changed | $184,900 | MLS #539158 |
| May 23, 2011 | Price changed | $194,900 | MLS #539158 |
| Apr 6, 2011 | Listed | $198,900 | MLS #539158 |
| Dec 14, 2007 | Sold | $177,000 | Public Record |
| Mar 21, 2003 | Sold | $178,600 | Public Record |
| Jul 28, 2000 | Sold | $160,000 | Public Record |
| Oct 24, 1997 | Sold | $145,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $111,250 | $1,635 |
| 2024 | — | — | $111,250 | $1,112 |
| 2022 | — | — | $56,425 | $1,112 |
| 2021 | — | — | $56,425 | $1,112 |
| 2020 | — | — | $56,425 | $1,112 |
| 2019 | — | — | $46,800 | $997 |
| 2018 | — | — | $46,800 | $997 |
| 2017 | — | — | $46,800 | $997 |
| 2016 | — | — | $46,800 | $931 |
| 2015 | — | — | $46,800 | $931 |
| 2014 | — | — | $55,850 | $1,033 |
| 2013 | — | — | $55,850 | $1,033 |
| 2012 | — | — | $55,850 | $1,033 |
| 2011 | — | — | $55,850 | $1,033 |
| 2010 | — | — | $55,850 | $1,033 |
| 2009 | — | — | $49,350 | $1,086 |
| 2008 | — | — | $49,350 | $1,086 |
| 2007 | — | — | $49,350 | $1,086 |
Property facts
Year built
1997
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,799 sqft
Lot size
18,295 sqft
ZIP code
37814
City
Morristown
Street
Majestic Magnolia Ln
Coordinates
36.20055, -83.38194
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,199
Gross rental yield
14.04%
Implied cap rate
9.12%
Trend-extrapolated value
—
Frequently asked questions
When did 4516 Majestic Magnolia Ln last sell?
4516 Majestic Magnolia Ln most recently sold on May 4, 2022 for $359,000.
What is the current tax assessment for 4516 Majestic Magnolia Ln?
The most recent total assessment for 4516 Majestic Magnolia Ln (year 2025) is $111,250 with $1,635 in property tax.
How does 4516 Majestic Magnolia Ln's assessment compare to its last sale price?
The current assessment is 69.0% below the last sale price of $359,000.
When was 4516 Majestic Magnolia Ln built?
4516 Majestic Magnolia Ln was built in 1997.
How does 4516 Majestic Magnolia Ln compare to others on Majestic Magnolia Ln?
We track 8 other properties on Majestic Magnolia Ln. Browse the list under "Other properties on Majestic Magnolia Ln" to compare beds, baths, and sale history.
What are the property facts for 4516 Majestic Magnolia Ln?
4516 Majestic Magnolia Ln is a 3 bed, 3 bath, 2,799 sqft, 18,295 sqft lot single_family.
Is 4516 Majestic Magnolia Ln a flip candidate?
No — 4516 Majestic Magnolia Ln does not appear in our flips dataset.
Is 4516 Majestic Magnolia Ln a tax-appeal candidate?
No — 4516 Majestic Magnolia Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.7%
Implied 1-yr
+6.7%
2026 Q3
$356K
2026 Q4
$361.3K
ZIP 37814 — Median Price History + Forecast
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