$45,000
SOLD JUN 26, 2025

4039 Peace Dr Morristown, TN 37814

0.59 Acre
$76,271 Price per Acre
25,700 Sq Ft Lot

Recently Sold

9% Below List Price

58 Days on Market

About This Lot

As of June 2025

A rare find is this level, manicured building lot in a great location, near beautiful Cherokee Lake!! This property has been permitted for a 3br septic, and public water tap is complete.

Last Agent to Sell the Property

Fred Dotson

Elite Realty Group License #367035 Listed on: 04/14/2025

Last Buyer's Agent

Kenny Taylor

RE/MAX Real Estate Ten Midtown License #381428

RE/MAX Real Estate Ten Midtown

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $95

Lot Details

  • 0.59 Acre Lot
  • Property fronts a county road
  • Level Lot
  • Property is zoned R1

Utilities

  • Septic Needed
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 017F A 02300 000

Property Details

Property Type

Land

Est. Annual Taxes

$95

Lot Details

0

Listing Details

  • Possible Use: Residential
  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 0.59
  • Road Frontage Type: County Road
  • Directions: From Northbound 25E, turn right onto Cherokee Park Rd., continue on to Brights Pike, turn right onto Lake Drive, left onto Peace Drive, property is on left. (GPS Friendly)
  • Location Tax and Legal:Tax Annual Amount: 95.05
  • Location Tax and Legal:Tax Year2: 2024
  • Location Tax and Legal:Parcel Number2: 017F A 02300 000
  • General Property Information:Lot Size Acres: 0.59
  • General Property Information:Waterfront YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Mobile Home Allowed:Mobile Home Allowed: No
  • Location Tax and Legal:Zoning2: R1
  • Road Frontage Type:County Road: Yes
  • Utilities:Water Available: Yes
  • Utilities:Phone Available: Yes
  • Sewer:Septic Needed: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Level
  • Waterfront: No
  • Lot Features:Level: Yes

Utilities

  • Sewer: Septic Needed
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 25700.4
  • Parcel #: 017F A 02300 000
  • Zoning: R1

Tax Info

  • Tax Annual Amount: 95.05
  • Tax Map Number: 017F
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2025
Closed on
Jun 25, 2025
Sold by
America Liberty Homes Llc
Bought by
Bryant Benjamin and Bryant Barina
Seller's Agent
Fred Dotson
Elite Realty Group
Buyer's Agent
Kenny Taylor
RE/MAX Real Estate Ten Midtown
List Price
$49,500
Sold Price
$45,000
Premium/Discount to List
-$4,500
-9.09%
Total Days on Market
58
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.83%

Purchase Details

Listed on
May 1, 2024
Closed on
May 17, 2024
Sold by
Bise Phyllis
Bought by
American Liberty Homes Llc
Seller's Agent
Nikki Thomas
Nikki Thomas Real Estate, LLC
Buyer's Agent
Non Member Non Member
Non-Member Office
List Price
$40,000
Sold Price
$33,000
Premium/Discount to List
-$7,000
-17.5%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.57%

Purchase Details

Listed on
May 1, 2024
Closed on
May 16, 2024
Sold by
Helton Barbara Ann and Leigh Brandon Pollie
Bought by
Bise Phyllis
Seller's Agent
Nikki Thomas
Nikki Thomas Real Estate, LLC
Buyer's Agent
Non Member Non Member
Non-Member Office
List Price
$40,000
Sold Price
$33,000
Premium/Discount to List
-$7,000
-17.5%
Views
4

Purchase Details

Closed on
Nov 8, 2010
Bought by
Bise Phyllis G L and Bise E

Purchase Details

Closed on
May 1, 1989
Bought by
Bise Phyllis G

Purchase Details

Closed on
Jul 18, 1984
Bought by
Perry Greg
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $45,000 Colonial Title Group
Warranty Deed $45,000 Colonial Title Group
Warranty Deed $33,000 Colonial Title Group
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- --
Warranty Deed $9,500 --
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Sold $45,000 -2.0% --
06/11/2025 06/11/25 Pending -- -- --
06/10/2025 06/10/25 Price Changed $45,900 -7.3% --
04/14/2025 04/14/25 For Sale $49,500 +50.0% --
05/20/2024 05/20/24 Sold $33,000 -17.5% --
05/03/2024 05/03/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $40,000 -- --
Source: Lakeway Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $95 $4,825 $4,825 --
2023 $95 $4,825 $0 $0
2022 $95 $4,825 $4,825 $0
2021 $95 $4,825 $4,825 $0
2020 $95 $4,825 $4,825 $0
2019 $110 $5,150 $5,150 $0
2018 $110 $5,150 $5,150 $0
2017 $110 $5,150 $5,150 $0
2016 $102 $5,150 $5,150 $0
2015 $95 $5,150 $5,150 $0
2014 -- $5,150 $5,150 $0
2013 -- $5,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 707184

Lakeway Area Association of REALTORS®

APN: 017F-A-023.00