1542 Shields Ferry Rd Morristown, TN 37814
Estimated payment $1,639/month
Highlights
- Covered Patio or Porch
- Laundry closet
- Central Heating and Cooling System
- Balcony
- Luxury Vinyl Tile Flooring
- Ceiling Fan
About This Home
Take a look at this duplex located just a few minutes from the middle of downtown Morristown! This duplex sports one newly renovated unit and both units are currently inhabited by tenants with a total monthly income of $1,875. This property and the neighboring duplex, 1562-1564 Shields Ferry Road, are being sold separately. Please contact Listing Agent when requesting to show this property.
Listing Agent
The Cate Group, Realty & Property Management LLC License #378622 Listed on: 09/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,374
Year Built
- Built in 1995
Lot Details
- 0.3 Acre Lot
- Property fronts a county road
- 1 Common Wall
- Paved or Partially Paved Lot
Home Design
- Duplex
- Slab Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,800 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Luxury Vinyl Tile Flooring
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry closet
- Washer and Electric Dryer Hookup
Outdoor Features
- Balcony
- Covered Patio or Porch
Schools
- Fairview-Marg Elementary School
- Meadowview Middle School
- East High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 024M
Community Details
Overview
- 2 Units
- Fairview Garden Subdivision
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Water Meters
Map
Home Values in the Area
Average Home Value in this Area
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 | $765 | $43,480 | $5,000 | $38,480 |
| 2023 | $765 | $43,480 | $0 | $0 |
| 2022 | $1,374 | $43,480 | $5,000 | $38,480 |
| 2021 | $1,374 | $43,480 | $5,000 | $38,480 |
| 2020 | $1,372 | $43,480 | $5,000 | $38,480 |
| 2019 | $1,228 | $36,120 | $5,280 | $30,840 |
| 2018 | $1,138 | $36,120 | $5,280 | $30,840 |
| 2017 | $1,119 | $36,120 | $5,280 | $30,840 |
| 2016 | $1,069 | $36,120 | $5,280 | $30,840 |
| 2015 | $995 | $36,120 | $5,280 | $30,840 |
| 2014 | -- | $36,120 | $5,280 | $30,840 |
| 2013 | -- | $44,480 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/29/2025 10/29/25 | Price Changed | $289,500 | -2.5% | $161 / Sq Ft |
| 09/11/2025 09/11/25 | For Sale | $297,000 | -- | $165 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $250,000 | Paramount Land Ttl Of Knoxvi | |
| Deed | $6,000 | -- | |
| Warranty Deed | $4,000 | -- | |
| Warranty Deed | $5,200 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | Purchase Money Mortgage |
Source: Lakeway Area Association of REALTORS®
MLS Number: 708972
APN: 024M-D-034.00
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