$324,900
PENDING $14K PRICE DROP

5700 Academy Dr Morristown, TN 37814

Estimated payment $1,842/month

Total Views 1,545
3 Beds
2 Baths
1,830 Sq Ft
$178 Price per Sq Ft

Highlights

  • Wood Flooring
  • Den
  • Crown Molding
  • No HOA
  • 2 Car Attached Garage
  • Patio

About This Home

An improved jewel in west Morristown!
This home is in the established Panther Lake subdivision, just minutes away from Panther Park and Merchants Greene. Set back from the road with a large front yard and a fenced back yard, this home offers an expansive front porch to enjoy the beauty of East Tennessee. Freshly painted walls will greet you in the foyer and lead to a spacious living room. The newly remodeled kitchen has an oversized butcher block island along with butcher block countertops. A patio directly off the kitchen provides a great space for grilling and entertaining. Down the lovely hardwood staircase you will find a second sizable living space, the third bedroom, full bath, and utility room. The home has a two car garage with additional space for parking. To top it off, this home also has a brand new roof. Call me today to see the place you could soon call HOME.
All information deemed reliable, but not guaranteed. Buyer to verify everything to their satisfaction.

Listing Agent

Michael Turner

Castle & Associates Real Estate License #377679 Listed on: 07/02/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $752

Year Built

  • Built in 1983

Lot Details

  • 0.62 Acre Lot
  • Chain Link Fence
  • Back and Front Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Multi-Level Property
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Living Room
  • Den

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • 220 Volts In Laundry
  • Washer and Electric Dryer Hookup

Partially Finished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Alpha Primary Elementary School
  • Westview Middle School
  • West High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Panther Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 040P D 030.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$752

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Carport Y N: No
  • Year Built: 1983
  • Fencing: Chain Link
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.62
  • Lot Size: 112X221 IRR
  • Subdivision Name: Panther Lake
  • Directions: Take Panther Creek road off Andrew Johnson Highway. Turn left on Mountain Laurel Road. Take next left on Academy Drive. Home is the 8th house on the right.
  • Above Grade Finished Sq Ft: 1120.0
  • New Construction: No
  • Structure Type: House
  • Location Tax and Legal:Tax Annual Amount: 751.56
  • Location Tax and Legal:Tax Year2: 2024
  • Location Tax and Legal:Parcel Number2: 040P D 030.00
  • General Property Information:Lot Size Dimensions: 112X221 IRR
  • General Property Information:Waterfront YN: No
  • Water Source:Public: Yes
  • Location Tax and Legal:Elementary School: Alpha Primary
  • Location Tax and Legal:Middle Or Junior School2: Westview
  • Location Tax and Legal:High School: West
  • General Property Information:Living Area2: 1830.0
  • General Property Information:Above Grade Finished Area: 1120.0
  • General Property Information:Below Grade Finished Area: 560.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: No
  • Appliances Refrigerators: Yes
  • Cooling:Heat Pump: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Room Types:Bedroom 2 Level: Upper
  • Room Types:Living Room2: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Hardwood: Yes
  • Cooling:Central Air: Yes
  • Laundry Features:Laundry Room: Yes
  • Room Types:Bathroom 1 Level: Upper
  • Room Types:Bathroom 2 Level: Lower
  • Room Types:Bedroom 3 Level: Lower
  • Room Type: Living Room
  • Room Type: Kitchen
  • Room Type: Primary Bedroom
  • Room Type: Bathroom 1
  • Room Type: Bedroom 2
  • Room Type: Den
  • Room Type: Bathroom 2
  • Room Type: Bedroom 3
  • Room Types:Den2: Yes
  • Levels:MultiSplit: Yes
  • Laundry Features:Lower Level: Yes
  • Flooring:Luxury Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Water Connected: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Electric:Circuit Breakers: Yes
  • Fencing:Chain Link: Yes
  • Flooring:Ceramic Tile: Yes
  • Electric 220 Volts in Laundry: Yes
  • General Property Information Acres: 0.62
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Hardwood, Luxury Vinyl
  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Refrigerator
  • Basement: Daylight, Partially Finished, Walk-Out Access
  • Levels: Multi/Split
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Entrance Foyer, Kitchen Island
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 560.0
  • Fireplace: No
  • Living Area: 1830.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Window Features: Blinds
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Cooktop: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Entrance Foyer: Yes
  • Basement:Daylight: Yes
  • Interior Features:Kitchen Island: Yes
  • Basement:Partially Finished: Yes
  • Interior Features:Crown Molding: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Lighting, Rain Gutters
  • Lot Features: Back Yard, Front Yard
  • Waterfront: No
  • Construction Type: Block, Brick
  • Other Structures: Garage(s)
  • Patio And Porch Features: Patio
  • Construction Materials:Block2: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Blinds: Yes
  • Exterior Features:Rain Gutters: Yes
  • Exterior Features:Lighting: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes

Garage/Parking

  • Garage Yn: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Carport YN: No
  • General Property Information:Attached Garage YN: Yes
  • Other Structures:Garage(s): Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Electric: 220 Volts in Laundry, Circuit Breakers
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Lower Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Alpha Primary
  • High School: West
  • Middle Or Junior School: Westview

Lot Info

  • Lot Size Sq Ft: 27007.2
  • Parcel #: 040P D 030.00

Tax Info

  • Tax Annual Amount: 751.56
  • Tax Map Number: 048A
  • 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 $752 $38,150 $7,250 $30,900
2023 $752 $38,150 $0 $0
2022 $752 $38,150 $7,250 $30,900
2021 $752 $38,150 $7,250 $30,900
2020 $752 $38,150 $7,250 $30,900
2019 $612 $28,725 $7,000 $21,725
2018 $612 $28,725 $7,000 $21,725
2017 $612 $28,725 $7,000 $21,725
2016 $572 $28,725 $7,000 $21,725
2015 $531 $28,725 $7,000 $21,725
2014 -- $28,725 $7,000 $21,725
2013 -- $30,875 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Pending -- -- --
07/02/2025 07/02/25 For Sale $324,900 0.0% $178 / Sq Ft
06/07/2025 06/07/25 Pending -- -- --
05/24/2025 05/24/25 Price Changed $324,900 -2.4% $178 / Sq Ft
05/16/2025 05/16/25 Price Changed $332,900 -1.8% $182 / Sq Ft
05/09/2025 05/09/25 For Sale $339,000 +122.3% $185 / Sq Ft
10/10/2018 10/10/18 Sold $152,500 -4.6% $91 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $159,900 -- $95 / Sq Ft
Source: Lakeway Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $152,500 None Available
Quit Claim Deed -- --
Warranty Deed $125,000 --
Deed $130,995 --
Deed $127,373 --
Deed $123,000 --
Warranty Deed $60,000 --
Quit Claim Deed -- --
Warranty Deed $3,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $124,240 Construction
Closed $122,000 Adjustable Rate Mortgage/ARM
Previous Owner $118,950 New Conventional
Previous Owner $121,831 FHA
Previous Owner $122,035 No Value Available
Source: Public Records

About the Listing Agent

Michael Turner

Castle & Associates Real Estate

(423) 370-5806

Section Image

I love East Tennessee! I was born and raised in Morristown. This part of the country is filled with great people and beautiful surroundings. It’s a great place to live and raise a family. If you want a realtor who is passionate about helping people, I’m your man. I will work hard to help you find a place to call home and use every resource available to market and sell your property. Call today, and let’s make your East Tennessee dreams a reality.

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Source: Lakeway Area Association of REALTORS®

MLS Number: 707529

Lakeway Area Association of REALTORS®

APN: 040P-D-030.00