$342,500
$27K PRICE DROP

5715 Academy Dr Morristown, TN 37814

Estimated payment $1,858/month

Total Views 28,029
3 Beds
2.5 Baths
2,005 Sq Ft
$171 Price per Sq Ft

Highlights

  • 0.58 Acre Lot
  • Traditional Architecture
  • Covered Patio or Porch
  • Wood Burning Stove
  • No HOA
  • Breakfast Area or Nook

About This Home

Beautiful 3 bedroom, 2.5 bath split level home on over a half acre lot in Panther Lake Subdivision. Great west end location convenient to schools, shopping, medical facilities,Panther Creek State Park and Morristown Landing Community Center. The living room offers hardwood flooring, built in shelving and formal dining area. The kitchen boasts plenty of cabinets and counter space, stainless steel appliances and breakfast area. Just a few steps up carries you to the three spacious bedrooms and 2 full baths. A few steps down offers a cozy family room with wood burning fireplace and half bath. Park or store vehicles or personals in the garage and utilize the additional heated and air conditioned room for anything from a sound room to office/hobby room. The highlight of this property is the covered back patio that you can enjoy relaxing, entertaining and so much more. Additional storage space provided in the detached outbuilding fitted with electricity. Call for your personal showing and see all this home has to offer.

Listing Agent

Lauren Castle

Castle & Associates Real Estate License #268079 Listed on: 10/13/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $754

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 140x200
  • Property fronts a county road
  • Wood Fence
  • Back Yard Fenced
  • Perimeter Fence
  • Level Lot
  • Cleared Lot

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • Multi-Level Property
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Stove
  • Double Pane Windows
  • Blinds
  • Family Room with Fireplace
  • Partially Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Parquet
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • 220 Volts In Laundry
  • Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Outbuilding

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Panther Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 040P C 032.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$754

Year Built

Built in 1977 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1977
  • Fencing: Back Yard, Perimeter, Wood
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.58
  • Lot Size: 140x200
  • Road Frontage Type: County Road
  • Subdivision Name: Panther Lake
  • Directions: 11E to Panther Creek Rd. Head out Panther Creek Road and turn left on Mountain Laurel. Follow around to the left on Academy Drive. Home up on the left.
  • Above Grade Finished Sq Ft: 1429.0
  • Architectural Style: Traditional
  • New Construction: No
  • Structure Type: House
  • Special Features: None

Interior Features

  • Flooring: Carpet, Parquet, Tile
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Basement: Partially Finished
  • Levels: Multi/Split
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Eat-in Kitchen
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 576.0
  • Fireplace Features: Family Room, Wood Burning Stove
  • Fireplace: Yes
  • Living Area: 2005.0
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Roof: Asphalt, Shingle
  • Lot Features: Cleared, Level, Rolling Slope
  • Waterfront: No
  • Construction Type: Stone, Vinyl Siding
  • Foundation Details: Block
  • Other Structures: Outbuilding, Large Storage
  • Patio And Porch Features: Covered, Front Porch, Patio
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Electric
  • Sewer: Septic Tank
  • Electric: 220 Volts in Laundry, Circuit Breakers
  • Laundry Features: Electric Dryer Hookup, Lower Level
  • Utilities: Cable Available, Electricity Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 25264.8
  • Parcel #: 040P C 032.00

Tax Info

  • Tax Annual Amount: 753.53
  • Tax Map Number: 040P C 032.00
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $1,105 $75,150 $14,000 $61,150
2024 $754 $38,250 $7,200 $31,050
2023 $754 $38,250 $0 $0
2022 $754 $38,250 $7,200 $31,050
2021 $708 $35,925 $7,200 $28,725
2020 $705 $35,925 $7,200 $28,725
2019 $683 $32,075 $7,325 $24,750
2018 $683 $32,075 $7,325 $24,750
2017 $683 $32,075 $7,325 $24,750
2016 $638 $32,075 $7,325 $24,750
2015 $593 $32,075 $7,325 $24,750
2014 -- $32,075 $7,325 $24,750
2013 -- $34,300 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2025 12/05/25 Price Changed $342,500 -2.1% $171 / Sq Ft
10/13/2025 10/13/25 For Sale $350,000 0.0% $175 / Sq Ft
09/18/2025 09/18/25 Pending -- -- --
08/18/2025 08/18/25 Price Changed $350,000 -4.1% $175 / Sq Ft
07/07/2025 07/07/25 Price Changed $364,900 -1.4% $182 / Sq Ft
05/29/2025 05/29/25 For Sale $369,900 +39.6% $184 / Sq Ft
02/10/2022 02/10/22 Sold $264,900 +51.4% $139 / Sq Ft View Prior Sale
12/28/2021 12/28/21 Pending -- -- --
10/31/2021 10/31/21 For Sale $175,000 -8.9% $92 / Sq Ft
05/04/2020 05/04/20 Sold $192,000 -8.5% $80 / Sq Ft View Prior Sale
04/01/2020 04/01/20 Pending -- -- --
12/09/2019 12/09/19 For Sale $209,900 -- $88 / Sq Ft
Source: Lakeway Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $264,900 None Listed On Document
Warranty Deed $192,000 Lakeway Title Services
Quit Claim Deed -- --
Deed $125,200 --
Warranty Deed $64,700 --
Warranty Deed $61,600 --
Warranty Deed $54,900 --
Warranty Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $207,400 New Conventional
Previous Owner $144,000 New Conventional
Previous Owner $95,200 No Value Available
Source: Public Records

About the Listing Agent

Lauren Castle

Castle & Associates Real Estate

(423) 740-4249

Section Image

Lauren is originally from Inman, South Carolina just outside of Spartanburg. She is a 1996 graduate of the University of South Carolina at Spartanburg where she earned a Bachelor's Degree in Communications. She has lived in Morristown, TN since January 1998 and has been in the local real estate market since 1998. She was associated with Re/Max for 4 years. She worked at First Realty through 2011. She is now Principal Broker/Owner of Castle & Associates Real Estate in Morristown. Lauren

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  • 463 Heather Brook Dr, Jefferson City, TN 37760

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    Gorgeous Cherokee Lakefront property overlooking the Black Oak Marina, Cherokee Dam and views of the mountains. Enter through the private gate onto 4.93 acres improved with a 1200 sq foot pavilion with bath and storage area. Large fire pit and boat ramp have also been installed. Build your dream home/vacation home on the property or enjoy the amenities with family and friends. Property has septic

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  • 329 Shady Glen Ln, Rutledge, TN 37861

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  • 1601 Mossy Oak Dr, Jefferson City, TN 37760

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    Almost new home built in 2022. Charming 3 bedroom, 2 bath home with split bedroom design. Open concept with in living, kitchen and dining area. Vaulted 19ft ceilings in living room. Granite countertops and island in kitchen. Primary suite includes a spacious bedroom with walk in closet, double sink vanities with marble tops, soaker tub and step in tiled shower. Laundry room on main with

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  • Lot 255 Ridgeline Ct, Morristown, TN 37814

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    Breathtaking views of the lake and mountains from this .73 acre lot in Prestigious gated development of Windswept. Build your dream home for year round living or vacation home. Annual $900 HOA fees offer each owner access to the gorgeous Manor House and inground swimming pool, boat ramp and walking trails. Buyer has option to purchase a deeded boat slip for an additional $29,900. Conveniently

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Source: Lakeway Area Association of REALTORS®

MLS Number: 707776

Lakeway Area Association of REALTORS®

APN: 040P-C-032.00