$559,900
$20K PRICE DROP

5203 Cub Cir Morristown, TN 37814

Estimated payment $3,247/month

Total Views 427
8 Beds
8 Baths
3,952 Sq Ft
$142 Price per Sq Ft

Highlights

  • Covered Patio or Porch
  • Central Heating and Cooling System
  • Carpet
  • Eat-In Kitchen
  • Level Lot

About This Home

Very nice location for rental property in West Morristown across the street from the airport. This is 2 occupied duplexes on the same lot with a total of 4 units. There is also extra room to build anther duplex on the property. Two units have a one car attached garage.

Listing Agent

Andy Hall

Fox Trail Realty License #287885 Listed on: 08/26/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,165

Year Built

  • Built in 1999

Lot Details

  • 0.83 Acre Lot
  • 1 Common Wall
  • Level Lot
  • Cleared Lot

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,952 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Laundry on lower level

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 048G B 00601 000

Community Details

Overview

  • 4 Units
  • Panther Village Subdivision

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month
  • 4 Separate Electric Meters
  • 4 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,165

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Carport Y N: No
  • Year Built: 1999
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.83
  • Lot Size: 82/233/269/189
  • Road Frontage Type: City Street
  • Subdivision Name: Panther Village
  • Directions: West Andrew Johnson Hwy to left on Piper Street. Right on Cub Circle, property is on the left.
  • Above Grade Finished Sq Ft: 3952.0
  • Structure Type: Multi Family
  • Location Tax and Legal:Tax Annual Amount: 3165.06
  • Location Tax and Legal:Tax Year2: 2024
  • Location Tax and Legal:Parcel Number2: 048G B 00601 000
  • General Property Information:Lot Size Dimensions: 82/233/269/189
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information:Bathrooms Half: 4
  • General Property Information:Above Grade Finished Area: 3952.0
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Foundation Details:Block3: Yes
  • Roof:Shingle: Yes
  • Flooring:Vinyl: Yes
  • Levels:Two: Yes
  • Cooling:Central Air: Yes
  • Cooling:Electric: Yes
  • Laundry Features:Lower Level: Yes
  • General Property Information:Stories Total: 2
  • General Property Information:Number Of Units Total2: 4.0
  • Meter Information:Number Of Separate Water Meters: 4
  • Meter Information:Number Of Separate Electric Meters: 4
  • Structure Type Multi Family: Yes
  • Common Walls 1 Common Wall: Yes
  • General Property Information Acres: 0.83
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Electric Range, Refrigerator
  • Levels: Two
  • Interior Amenities: Eat-in Kitchen, Pantry
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 2
  • Window Features: Blinds
  • Appliances:Electric Range: Yes
  • Interior Features:Pantry: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Lot Features: Cleared, Level
  • Common Walls: 1 Common Wall
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered2: Yes
  • Window Features:Blinds: Yes
  • Lot Features:Cleared: Yes

Garage/Parking

  • General Property Information:Carport YN: No
  • Unit 1:Garage YN3: Yes
  • Unit 2:Garage YN4: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Laundry Features: Lower Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric4: Yes

Lot Info

  • Lot Size Sq Ft: 36154.8
  • Parcel #: 048G B 00601 000

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Leased: 4
  • Number of Month to Month Units: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 4

Tax Info

  • Tax Annual Amount: 3165.06
  • Tax Map Number: 048G B 006.01
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,763 $100,160 $10,320 $89,840
2023 $1,763 $100,160 $0 $0
2022 $3,165 $100,160 $10,320 $89,840
2021 $3,165 $100,160 $10,320 $89,840
2020 $3,161 $100,160 $10,320 $89,840
2019 $2,967 $87,240 $10,000 $77,240
2018 $2,749 $87,240 $10,000 $77,240
2017 $2,705 $87,240 $10,000 $77,240
2016 $2,582 $87,240 $10,000 $77,240
2015 $2,403 $87,240 $10,000 $77,240
2014 -- $87,240 $10,000 $77,240
2013 -- $100,840 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Price Changed $559,900 -3.4% $142 / Sq Ft
08/26/2025 08/26/25 For Sale $579,900 -- $147 / Sq Ft
Source: Lakeway Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $210,900 --
Warranty Deed $61,000 --
Warranty Deed $45,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $101,743 No Value Available
Source: Public Records

Source: Lakeway Area Association of REALTORS®

MLS Number: 708817

Lakeway Area Association of REALTORS®

APN: 048G-B-006.01