$429,000

5725 Academy Dr Morristown, TN 37814

Estimated payment $2,410/month

Total Views 126
3 Beds
2 Baths
2,264 Sq Ft
$189 Price per Sq Ft

Highlights

  • 0.63 Acre Lot
  • Wood Flooring
  • Bonus Room
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Corner Lot

About This Home

Beautifully updated home in a highly desirable Morristown location featuring a completely repainted interior and a clean, move-in ready design throughout. The home offers hardwood flooring throughout the main living areas, carpeted bedrooms for comfort, and tile flooring in the bathrooms, creating a well-designed and low-maintenance interior. The kitchen features granite countertops, ample cabinetry, and functional workspace, opening into the main living area and making the layout ideal for both everyday living and entertaining. The primary suite is conveniently located on the main level and features hardwood flooring and a tiled primary bathroom. The finished basement provides additional living, recreation, or flex space with tile flooring and includes a walk-out basement garage. The property offers a 2-car garage on the main level plus a 1-car garage in the basement, providing excellent space for vehicles, storage, workshop, or hobby area. The fenced backyard offers a great outdoor entertainment area perfect for gatherings, relaxing evenings, or pets. Conveniently located just minutes from Morristown shopping, dining, and entertainment, and in close proximity to Panther Creek State Park, public lake access and boat launch areas, and Morristown Regional Airport. This home offers a great combination of updates, space, and location in one of Morristown's most convenient areas

Listing Agent

SHAWN OAKS

Crye-Leike Realtors, South License #348922 Listed on: 03/24/2026

Crye-Leike Realtors, South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,411

Year Built

  • Built in 1977

Lot Details

  • 27,443 Sq Ft Lot
  • Lot Dimensions are 176x141x198x133
  • Wood Fence
  • Corner Lot
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Basement Garage
  • Parking Available
  • Side Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Brick Frame

Interior Spaces

  • 2,264 Sq Ft Home
  • Living Quarters
  • Gas Fireplace
  • Insulated Windows
  • Bonus Room
  • Storage
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 040P C 03300 000

Community Details

Overview

  • No Home Owners Association
  • Panther Lake Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,411

Year Built

Built in 1977

Lot Details

0.63 Acres

Parking

3

Listing Details

  • Directions: From Morristown on 11-E right onto Panther Creek Rd .08 mile to left on Mountain Laurel Rd to left on Academy drive .02 miles house on the left
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1977
  • Lot Size Acres: 0.63
  • Lot Size: 176x141x198x133
  • Subdivision Name: Panther Lake
  • Architectural Style: Traditional
  • Property Attached Yn: Yes
  • Contract Info:List PriceSqFt2: 189.49
  • General Property Description:SqFt - Main Lvl: 1634.0
  • General Property Description:SqFt - Down Lvl: 630.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement YN: Yes
  • Has Basement: Finished, Walk-Out Access
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Flooring: Carpet, Tile, Hardwood
  • Interior Amenities: Walk-In Closet(s), Kitchen Island
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Brick, Block
  • Patio And Porch Features: Porch - Covered, Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Basement, Main Level, Off Street, Garage Door Opener, Garage Faces Side

Utilities

  • Cooling: Central Air
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Natural Gas, Electric
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Storage

Lot Info

  • Parcel #: 040P C 03300 000

Tax Info

  • Tax Annual Amount: 1410.83

Map

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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 $1,411 $95,975 $14,225 $81,750
2024 $843 $42,800 $7,325 $35,475
2023 $843 $42,800 $0 $0
2022 $821 $41,675 $7,325 $34,350
2021 $821 $41,675 $7,325 $34,350
2020 $821 $41,675 $7,325 $34,350
2019 $794 $37,275 $7,450 $29,825
2018 $794 $37,275 $7,450 $29,825
2017 $794 $37,275 $7,450 $29,825
2016 $742 $37,275 $7,450 $29,825
2015 $690 $37,275 $7,450 $29,825
2014 -- $37,275 $7,450 $29,825
2013 -- $39,275 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2026 03/24/26 For Sale $429,000 -- $189 / Sq Ft
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $395,000 Jefferson Title
Warranty Deed $395,000 Jefferson Title
Deed -- --
Warranty Deed $87,500 --
Warranty Deed $72,000 --
Warranty Deed -- --
Warranty Deed $72,900 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $395,000 VA
Closed $395,000 VA
Source: Public Records

Source: East Tennessee REALTORS® MLS

MLS Number: 1333952

East Tennessee REALTORS® MLS

APN: 040P-C-033.00

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