1027 Penny Ln Morristown, TN 37814
3
Beds
1
Bath
1,080
Sq Ft
0.27
Acres
Highlights
- Ranch Style House
- Balcony
- Double Pane Windows
- No HOA
- Front Porch
- Cooling Available
About This Home
As of July 2025Check out this amazing property in the heart of Morristown TN. Currently occupied with a long-term tenant this property is an excellent investment or could be great for the first time home buyer. Priced to sell it won't last long.
Any information obtained within this listing is believed to be accurate but should be verified by buyer and or buyers agent
Last Agent to Sell the Property
Crye-Leike Rogersville Realty Group License #353529 Listed on: 06/10/2025
Last Buyer's Agent
Non Member
Non Member
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $379
Year Built
- Built in 1999
Lot Details
- 0.27 Acre Lot
- Lot Dimensions are 100 x 105
- Sloped Lot
- Property is in average condition
- Property is zoned omp
Home Design
- Ranch Style House
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,080 Sq Ft Home
- Double Pane Windows
- Crawl Space
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Balcony
- Front Porch
Schools
- Meadowview Elementary And Middle School
- Morristown East High School
Utilities
- Cooling Available
- Heat Pump System
Community Details
- No Home Owners Association
- Not Listed Subdivision
- FHA/VA Approved Complex
Listing and Financial Details
- Assessor Parcel Number 033e E 005.01
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 10, 2025
Closed on
Jul 23, 2025
Sold by
Kirstein Thomas L
Bought by
Cuadra Richard and Rodriguez Sonia
Seller's Agent
CODY FOBBER
Crye-Leike Rogersville Realty Group
Buyer's Agent
Non Member
Non Member
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%
Views
46
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
174.55%
Original Mortgage
$140,000
Outstanding Balance
$140,000
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$47,820
Purchase Details
Closed on
May 23, 2011
Sold by
Whitt Michael P
Bought by
Kirstein Thomas L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,720
Interest Rate
4.79%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 12, 2010
Sold by
Us Bank National Associati
Bought by
Whitt Michael P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.7%
Purchase Details
Closed on
Mar 23, 2010
Sold by
Scarlett Johnny W
Bought by
Us Bank National Association T
Purchase Details
Closed on
Jun 21, 2006
Sold by
Vanosdol Faye T Trustee
Bought by
Scarlett Johnny W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,520
Interest Rate
7.88%
Purchase Details
Closed on
Feb 28, 2006
Bought by
Vanosdol Faye T Ttee 2B Revocable Land Trust
Purchase Details
Closed on
Jun 3, 1999
Sold by
Hamblen County Habitat For
Bought by
Ronda Seal
Purchase Details
Closed on
Dec 4, 1995
Bought by
Hamblen County Habitat For Humanity Inc
Purchase Details
Closed on
May 24, 1985
Bought by
City Of Morristown
Purchase Details
Closed on
Jun 7, 1984
Bought by
American National Red Cross
Purchase Details
Closed on
Jul 12, 1977
Bought by
City Of Morristown
Similar Homes in Morristown, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $175,000 | Colonial Title Group | |
| Warranty Deed | $51,000 | -- | |
| Deed | $40,000 | -- | |
| Deed | $64,600 | -- | |
| Deed | $81,900 | -- | |
| Trustee Deed | $46,000 | -- | |
| Deed | $69,500 | -- | |
| Warranty Deed | $5,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $140,000 | New Conventional | |
| Previous Owner | $359,294 | Credit Line Revolving | |
| Previous Owner | $76,720 | Commercial | |
| Previous Owner | $30,000 | No Value Available | |
| Previous Owner | $65,520 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | Sold | $175,000 | -2.7% | $162 / Sq Ft |
| 06/16/2025 06/16/25 | Pending | -- | -- | -- |
| 06/10/2025 06/10/25 | For Sale | $179,900 | -- | $167 / Sq Ft |
Source: Tennessee/Virginia Regional MLS
Tax History Compared to Growth
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 | $379 | $21,525 | $4,625 | $16,900 |
| 2023 | $379 | $21,525 | $0 | $0 |
| 2022 | $379 | $21,525 | $4,625 | $16,900 |
| 2021 | $379 | $21,525 | $4,625 | $16,900 |
| 2020 | $379 | $21,525 | $4,625 | $16,900 |
| 2019 | $614 | $18,050 | $2,475 | $15,575 |
| 2018 | $569 | $18,050 | $2,475 | $15,575 |
| 2017 | $560 | $18,050 | $2,475 | $15,575 |
| 2016 | $535 | $18,050 | $2,475 | $15,575 |
| 2015 | $497 | $18,050 | $2,475 | $15,575 |
| 2014 | -- | $18,050 | $2,475 | $15,575 |
| 2013 | -- | $20,425 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2025
CODY FOBBER
Crye-Leike Rogersville Realty Group
(423) 754-2927
17 Total Sales
-
N
Buyer's Agent in 2025
Non Member
Non Member
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 9981449
APN: 033E-E-005.01
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