2137 Highview Dr · Morristown, TN 37813

$209,900

3 bd · 2.0 ba · 1,758 sqft · SingleFamily public records · 533 Days on market

Built 1978 0.36 ac lot $119/sqft · 15% below area Est $248k · 15% under

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +14.4/15.0
• Cash flow +10.6/30.0
• Livability +3.2/5.0
• DSCR +3.0/10.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +1.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Endless Potential in a Prime Morristown Location - 2137 Highview Drive, Morristown, TN 37813 Spacious layout, convenient location, and room to make it your own Welcome to 2137 Highview Drive—a 3-bedroom, 3-bathroom home nestled in one of Morristown's most convenient areas, offering incredible potential for families, first-time buyers, or investors. With a versatile floor plan and great bones, this property is ready for your personal touch to transform it into the perfect home. Property Highlights 3 bedrooms, 3 full bathrooms, and a flexible finished lower level Open-concept living and dining area ideal for family gatherings Owner's suite with private bath and double closets for added comfort Finished basement featuring a third bathroom, extra bedroom, and bonus space—great for guests, a home office, or media room Oversized deck overlooking a private backyard, perfect for entertaining or quiet relaxation Attached garage and paved driveway for added convenience Lifestyle & Location Located just minutes from Interstate 81, this property offers easy commuting access while keeping you close to all the best of East Tennessee. Enjoy nearby Carson-Newman University, Cherokee Lake, and Cherokee Park—ideal for boating, fishing, and outdoor recreation. Shopping, restaurants, and schools are all just a short drive away, providing the perfect balance of comfort and convenience. Why You'll Love It With its strong structure, functional layout, and quiet neighborhood setting, this home provides the ideal foundation for a renovation project. Whether you're an investor seeking a value-add opportunity or a homeowner ready to customize a property to your style, 2137 Highview Drive delivers flexibility, space, and location. Enjoy the satisfaction of making updates that truly reflect your vision—all while building equity in one of Morristown's growing communities. Schedule Your Visit Don't miss your chance to unlock the potential of 2137 Highview Drive. Schedule your private showing today and explore how this property could become your next home or investment success story. Disclaimer Buyer to verify all information. Utilities, lot boundaries, and school zones to be independently verified by buyer/buyer's agent. Info deemed reliable but not guaranteed. Some images may have been digitally enhanced or AI-staged to assist with visualization and may not represent actual features or finishes.

Key facts

• Finished downstairs
• Open living room
• Oversized deck

Tags

• OVERSIZED DECK
• PRIVATE BACKYARD
• FINISHED DOWNSTAIRS
• BONUS SPACE
• OPEN LIVING ROOM
• PRIVATE BATHROOM

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $210k.

Deal economics

• At list price, monthly cash flow is $-105 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $191k (8.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $145k (30.7% below list).
• Recommended offer: $145k (30.7% below list) — sets the bar for 1% rule.
• Cap rate 5.7% vs local median 2.9% in Morristown — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 64/100 on livability (#175 in TN) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A-; Watch: schools D-, crime F, amenities F.
• Hamblen County (urban): math 31% / reading 30% proficiency, ranked #57 of 139 in TN (top 41%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 146 active listings in the ZIP; 298 units permitted in Hamblen County in 2024 (48 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 533 days — a 12% lower offer ($185k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $120k; list at $210k implies a 75% gain — meaningful room to come down on a strong offer.

Recommended offer $145,454 (30.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 533 days. Have you received any prior offers? Is the seller open to a 31% concession, seller financing, or rate buy-down credit?
3. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.69% ✗
• Cap rate: 5.69%
• Cash-on-cash: -2.15%
• DSCR: 0.90
• GRM: 12.0

CMA / ARV

• ARV (median comp): $247,624
• List price: $209,900
• Delta: -15.23%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2100 Herron Dr	0.23mi	3/3.0	1,820 (+4%)	14mo	$318,900	$175	68
2421 Lonnie Cir	0.42mi	3/1.5	1,675 (-5%)	17mo	$273,460	$163	56
2126 Pryors Passing	0.57mi	3/2.0	1,568 (-11%)	3mo	$247,000	$158	53
2885 Musser Rd	0.70mi	3/2.0	1,680 (-4%)	15mo	$280,000	$167	48

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -19.9%
• Equity multiple: 0.31×
• Total profit: $-40,827
• Equity at exit: $31,297

10-year hold

• IRR: -13.0%
• Equity multiple: 0.24×
• Total profit: $-44,599
• Equity at exit: $18,148

Cash invested: $58,772 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Tennessee: 87 Strongly Landlord-Friendly · R+13
• County: — inherits STATE
• City: — inherits STATE

14-day notice (URLTA); generally landlord-favorable; Nashville court paced moderate.

Methodology + full state rankings →

ZIP-level market 37813

• Home prices YoY: -12.9%
• Active inventory: 146
• Price-to-rent: 12.0×

Monthly cashflow live

• Estimated rent: $1,455 medium
• Mortgage (P&I): −$1,101
• Tax from tax record: −$66 /mo · $796/yr
• Insurance: −$87
• HOA: −$0
• Vacancy / Maint / Mgmt: −$305
• Net cashflow: $-105

Break-even live

Break-even rent $1,588

Max offer price $191,273

Occupancy floor —

Sensitivity live

Price	-10% $13	-5% $-46	+0% $-105	+5% $-165	+10% $-224
Rent	-10% $-220	-5% $-163	+0% $-105	+5% $-48	+10% $9
Rate	-1.0pp $0	-0.5pp $-52	base $-105	+0.5pp $-160	+1.0pp $-215

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $52,475
• Closing costs: $6,297
• Reserves months: —
• Total cash needed: —

Listing history 33 events

1. 2026-06-19
   days on market $209,900 Active 533 DOM
2. 2026-06-18
   days on market $209,900 Active 532 DOM
3. 2026-06-17
   days on market $209,900 Active 531 DOM
4. 2026-06-16
   days on market $209,900 Active 530 DOM
5. 2026-06-15
   days on market $209,900 Active 529 DOM
6. 2026-06-14
   days on market $209,900 Active 527 DOM
7. 2026-06-12
   days on market $209,900 Active 526 DOM
8. 2026-06-09
   days on market $209,900 Active 523 DOM
9. 2026-06-08
   days on market $209,900 Active 522 DOM
10. 2026-06-07
    days on market $209,900 Active 521 DOM
11. 2026-06-05
    days on market $209,900 Active 518 DOM
12. 2026-06-02
    days on market $209,900 Active 516 DOM
13. 2026-06-01
    days on market $209,900 Active 515 DOM
14. 2026-05-31
    days on market $209,900 Active 514 DOM
15. 2026-05-30
    days on market $209,900 Active 513 DOM
16. 2026-03-18
    price $209,900 2455-char remark

    Show marketing remark (2455 chars)

    Endless Potential in a Prime Morristown Location - 2137 Highview Drive, Morristown, TN 37813 Spacious layout, convenient location, and room to make it your own Welcome to 2137 Highview Drive—a 3-bedroom, 3-bathroom home nestled in one of Morristown's most convenient areas, offering incredible potential for families, first-time buyers, or investors. With a versatile floor plan and great bones, this property is ready for your personal touch to transform it into the perfect home. Property Highlights 3 bedrooms, 3 full bathrooms, and a flexible finished lower level Open-concept living and dining area ideal for family gatherings Owner's suite with private bath and double closets for added comfort Finished basement featuring a third bathroom, extra bedroom, and bonus space—great for guests, a home office, or media room Oversized deck overlooking a private backyard, perfect for entertaining or quiet relaxation Attached garage and paved driveway for added convenience Lifestyle & Location Located just minutes from Interstate 81, this property offers easy commuting access while keeping you close to all the best of East Tennessee. Enjoy nearby Carson-Newman University, Cherokee Lake, and Cherokee Park—ideal for boating, fishing, and outdoor recreation. Shopping, restaurants, and schools are all just a short drive away, providing the perfect balance of comfort and convenience. Why You'll Love It With its strong structure, functional layout, and quiet neighborhood setting, this home provides the ideal foundation for a renovation project. Whether you're an investor seeking a value-add opportunity or a homeowner ready to customize a property to your style, 2137 Highview Drive delivers flexibility, space, and location. Enjoy the satisfaction of making updates that truly reflect your vision—all while building equity in one of Morristown's growing communities. Schedule Your Visit Don't miss your chance to unlock the potential of 2137 Highview Drive. Schedule your private showing today and explore how this property could become your next home or investment success story. Disclaimer Buyer to verify all information. Utilities, lot boundaries, and school zones to be independently verified by buyer/buyer's agent. Info deemed reliable but not guaranteed. Some images may have been digitally enhanced or AI-staged to assist with visualization and may not represent actual features or finishes.

17. 2026-01-10
    price $207,900 2455-char remark

    Show marketing remark (2455 chars)

    Endless Potential in a Prime Morristown Location - 2137 Highview Drive, Morristown, TN 37813 Spacious layout, convenient location, and room to make it your own Welcome to 2137 Highview Drive—a 3-bedroom, 3-bathroom home nestled in one of Morristown's most convenient areas, offering incredible potential for families, first-time buyers, or investors. With a versatile floor plan and great bones, this property is ready for your personal touch to transform it into the perfect home. Property Highlights 3 bedrooms, 3 full bathrooms, and a flexible finished lower level Open-concept living and dining area ideal for family gatherings Owner's suite with private bath and double closets for added comfort Finished basement featuring a third bathroom, extra bedroom, and bonus space—great for guests, a home office, or media room Oversized deck overlooking a private backyard, perfect for entertaining or quiet relaxation Attached garage and paved driveway for added convenience Lifestyle & Location Located just minutes from Interstate 81, this property offers easy commuting access while keeping you close to all the best of East Tennessee. Enjoy nearby Carson-Newman University, Cherokee Lake, and Cherokee Park—ideal for boating, fishing, and outdoor recreation. Shopping, restaurants, and schools are all just a short drive away, providing the perfect balance of comfort and convenience. Why You'll Love It With its strong structure, functional layout, and quiet neighborhood setting, this home provides the ideal foundation for a renovation project. Whether you're an investor seeking a value-add opportunity or a homeowner ready to customize a property to your style, 2137 Highview Drive delivers flexibility, space, and location. Enjoy the satisfaction of making updates that truly reflect your vision—all while building equity in one of Morristown's growing communities. Schedule Your Visit Don't miss your chance to unlock the potential of 2137 Highview Drive. Schedule your private showing today and explore how this property could become your next home or investment success story. Disclaimer Buyer to verify all information. Utilities, lot boundaries, and school zones to be independently verified by buyer/buyer's agent. Info deemed reliable but not guaranteed. Some images may have been digitally enhanced or AI-staged to assist with visualization and may not represent actual features or finishes.

18. 2025-09-27
    price $209,900 2455-char remark

    Show marketing remark (2455 chars)

    Endless Potential in a Prime Morristown Location - 2137 Highview Drive, Morristown, TN 37813 Spacious layout, convenient location, and room to make it your own Welcome to 2137 Highview Drive—a 3-bedroom, 3-bathroom home nestled in one of Morristown's most convenient areas, offering incredible potential for families, first-time buyers, or investors. With a versatile floor plan and great bones, this property is ready for your personal touch to transform it into the perfect home. Property Highlights 3 bedrooms, 3 full bathrooms, and a flexible finished lower level Open-concept living and dining area ideal for family gatherings Owner's suite with private bath and double closets for added comfort Finished basement featuring a third bathroom, extra bedroom, and bonus space—great for guests, a home office, or media room Oversized deck overlooking a private backyard, perfect for entertaining or quiet relaxation Attached garage and paved driveway for added convenience Lifestyle & Location Located just minutes from Interstate 81, this property offers easy commuting access while keeping you close to all the best of East Tennessee. Enjoy nearby Carson-Newman University, Cherokee Lake, and Cherokee Park—ideal for boating, fishing, and outdoor recreation. Shopping, restaurants, and schools are all just a short drive away, providing the perfect balance of comfort and convenience. Why You'll Love It With its strong structure, functional layout, and quiet neighborhood setting, this home provides the ideal foundation for a renovation project. Whether you're an investor seeking a value-add opportunity or a homeowner ready to customize a property to your style, 2137 Highview Drive delivers flexibility, space, and location. Enjoy the satisfaction of making updates that truly reflect your vision—all while building equity in one of Morristown's growing communities. Schedule Your Visit Don't miss your chance to unlock the potential of 2137 Highview Drive. Schedule your private showing today and explore how this property could become your next home or investment success story. Disclaimer Buyer to verify all information. Utilities, lot boundaries, and school zones to be independently verified by buyer/buyer's agent. Info deemed reliable but not guaranteed. Some images may have been digitally enhanced or AI-staged to assist with visualization and may not represent actual features or finishes.

19. 2025-08-05
    price $212,900 2455-char remark

    Show marketing remark (2455 chars)

    Endless Potential in a Prime Morristown Location - 2137 Highview Drive, Morristown, TN 37813 Spacious layout, convenient location, and room to make it your own Welcome to 2137 Highview Drive—a 3-bedroom, 3-bathroom home nestled in one of Morristown's most convenient areas, offering incredible potential for families, first-time buyers, or investors. With a versatile floor plan and great bones, this property is ready for your personal touch to transform it into the perfect home. Property Highlights 3 bedrooms, 3 full bathrooms, and a flexible finished lower level Open-concept living and dining area ideal for family gatherings Owner's suite with private bath and double closets for added comfort Finished basement featuring a third bathroom, extra bedroom, and bonus space—great for guests, a home office, or media room Oversized deck overlooking a private backyard, perfect for entertaining or quiet relaxation Attached garage and paved driveway for added convenience Lifestyle & Location Located just minutes from Interstate 81, this property offers easy commuting access while keeping you close to all the best of East Tennessee. Enjoy nearby Carson-Newman University, Cherokee Lake, and Cherokee Park—ideal for boating, fishing, and outdoor recreation. Shopping, restaurants, and schools are all just a short drive away, providing the perfect balance of comfort and convenience. Why You'll Love It With its strong structure, functional layout, and quiet neighborhood setting, this home provides the ideal foundation for a renovation project. Whether you're an investor seeking a value-add opportunity or a homeowner ready to customize a property to your style, 2137 Highview Drive delivers flexibility, space, and location. Enjoy the satisfaction of making updates that truly reflect your vision—all while building equity in one of Morristown's growing communities. Schedule Your Visit Don't miss your chance to unlock the potential of 2137 Highview Drive. Schedule your private showing today and explore how this property could become your next home or investment success story. Disclaimer Buyer to verify all information. Utilities, lot boundaries, and school zones to be independently verified by buyer/buyer's agent. Info deemed reliable but not guaranteed. Some images may have been digitally enhanced or AI-staged to assist with visualization and may not represent actual features or finishes.

20. 2025-06-11
    price $214,900 2455-char remark

    Show marketing remark (2455 chars)

    Endless Potential in a Prime Morristown Location - 2137 Highview Drive, Morristown, TN 37813 Spacious layout, convenient location, and room to make it your own Welcome to 2137 Highview Drive—a 3-bedroom, 3-bathroom home nestled in one of Morristown's most convenient areas, offering incredible potential for families, first-time buyers, or investors. With a versatile floor plan and great bones, this property is ready for your personal touch to transform it into the perfect home. Property Highlights 3 bedrooms, 3 full bathrooms, and a flexible finished lower level Open-concept living and dining area ideal for family gatherings Owner's suite with private bath and double closets for added comfort Finished basement featuring a third bathroom, extra bedroom, and bonus space—great for guests, a home office, or media room Oversized deck overlooking a private backyard, perfect for entertaining or quiet relaxation Attached garage and paved driveway for added convenience Lifestyle & Location Located just minutes from Interstate 81, this property offers easy commuting access while keeping you close to all the best of East Tennessee. Enjoy nearby Carson-Newman University, Cherokee Lake, and Cherokee Park—ideal for boating, fishing, and outdoor recreation. Shopping, restaurants, and schools are all just a short drive away, providing the perfect balance of comfort and convenience. Why You'll Love It With its strong structure, functional layout, and quiet neighborhood setting, this home provides the ideal foundation for a renovation project. Whether you're an investor seeking a value-add opportunity or a homeowner ready to customize a property to your style, 2137 Highview Drive delivers flexibility, space, and location. Enjoy the satisfaction of making updates that truly reflect your vision—all while building equity in one of Morristown's growing communities. Schedule Your Visit Don't miss your chance to unlock the potential of 2137 Highview Drive. Schedule your private showing today and explore how this property could become your next home or investment success story. Disclaimer Buyer to verify all information. Utilities, lot boundaries, and school zones to be independently verified by buyer/buyer's agent. Info deemed reliable but not guaranteed. Some images may have been digitally enhanced or AI-staged to assist with visualization and may not represent actual features or finishes.

21. 2025-04-01
    price $217,900 2455-char remark

    Show marketing remark (2455 chars)

    Endless Potential in a Prime Morristown Location - 2137 Highview Drive, Morristown, TN 37813 Spacious layout, convenient location, and room to make it your own Welcome to 2137 Highview Drive—a 3-bedroom, 3-bathroom home nestled in one of Morristown's most convenient areas, offering incredible potential for families, first-time buyers, or investors. With a versatile floor plan and great bones, this property is ready for your personal touch to transform it into the perfect home. Property Highlights 3 bedrooms, 3 full bathrooms, and a flexible finished lower level Open-concept living and dining area ideal for family gatherings Owner's suite with private bath and double closets for added comfort Finished basement featuring a third bathroom, extra bedroom, and bonus space—great for guests, a home office, or media room Oversized deck overlooking a private backyard, perfect for entertaining or quiet relaxation Attached garage and paved driveway for added convenience Lifestyle & Location Located just minutes from Interstate 81, this property offers easy commuting access while keeping you close to all the best of East Tennessee. Enjoy nearby Carson-Newman University, Cherokee Lake, and Cherokee Park—ideal for boating, fishing, and outdoor recreation. Shopping, restaurants, and schools are all just a short drive away, providing the perfect balance of comfort and convenience. Why You'll Love It With its strong structure, functional layout, and quiet neighborhood setting, this home provides the ideal foundation for a renovation project. Whether you're an investor seeking a value-add opportunity or a homeowner ready to customize a property to your style, 2137 Highview Drive delivers flexibility, space, and location. Enjoy the satisfaction of making updates that truly reflect your vision—all while building equity in one of Morristown's growing communities. Schedule Your Visit Don't miss your chance to unlock the potential of 2137 Highview Drive. Schedule your private showing today and explore how this property could become your next home or investment success story. Disclaimer Buyer to verify all information. Utilities, lot boundaries, and school zones to be independently verified by buyer/buyer's agent. Info deemed reliable but not guaranteed. Some images may have been digitally enhanced or AI-staged to assist with visualization and may not represent actual features or finishes.

22. 2025-01-02
    listed $219,900 Active 2455-char remark

    Show marketing remark (2455 chars)

    Endless Potential in a Prime Morristown Location - 2137 Highview Drive, Morristown, TN 37813 Spacious layout, convenient location, and room to make it your own Welcome to 2137 Highview Drive—a 3-bedroom, 3-bathroom home nestled in one of Morristown's most convenient areas, offering incredible potential for families, first-time buyers, or investors. With a versatile floor plan and great bones, this property is ready for your personal touch to transform it into the perfect home. Property Highlights 3 bedrooms, 3 full bathrooms, and a flexible finished lower level Open-concept living and dining area ideal for family gatherings Owner's suite with private bath and double closets for added comfort Finished basement featuring a third bathroom, extra bedroom, and bonus space—great for guests, a home office, or media room Oversized deck overlooking a private backyard, perfect for entertaining or quiet relaxation Attached garage and paved driveway for added convenience Lifestyle & Location Located just minutes from Interstate 81, this property offers easy commuting access while keeping you close to all the best of East Tennessee. Enjoy nearby Carson-Newman University, Cherokee Lake, and Cherokee Park—ideal for boating, fishing, and outdoor recreation. Shopping, restaurants, and schools are all just a short drive away, providing the perfect balance of comfort and convenience. Why You'll Love It With its strong structure, functional layout, and quiet neighborhood setting, this home provides the ideal foundation for a renovation project. Whether you're an investor seeking a value-add opportunity or a homeowner ready to customize a property to your style, 2137 Highview Drive delivers flexibility, space, and location. Enjoy the satisfaction of making updates that truly reflect your vision—all while building equity in one of Morristown's growing communities. Schedule Your Visit Don't miss your chance to unlock the potential of 2137 Highview Drive. Schedule your private showing today and explore how this property could become your next home or investment success story. Disclaimer Buyer to verify all information. Utilities, lot boundaries, and school zones to be independently verified by buyer/buyer's agent. Info deemed reliable but not guaranteed. Some images may have been digitally enhanced or AI-staged to assist with visualization and may not represent actual features or finishes.

23. 2024-12-02
    price $219,900
24. 2024-09-29
    price $222,900
25. 2024-07-25
    status Active
26. 2024-07-18
    historical Pending - Continue to Show - Inspection
27. 2024-07-18
    historical
28. 2024-07-01
    price $224,900
29. 2024-03-27
    price $227,900
30. 2023-12-26
    listed $229,900 Active
31. 2023-12-26
    listed $229,900 Active
32. 2007-08-14
    soldstatus $119,900
33. 1979-05-21
    soldstatus $34,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TN · Resets to sale price

• Current annual tax: $796 · $66/mo
• Projected year-2 tax: $1,490 · $124/mo
• Expected delta: +$694/yr (+$58/mo · 87.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 4/10 Moderate 6 d/yr ≥101°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,454
• − Mortgage interest: −$11,758
• − Property taxes: −$796
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,396
• − Management: −$1,396
• − Depreciation: −$6,106
• Taxable loss: −$5,048
• Est. tax savings @ 24.0%: +$1,211
• After-tax cash flow: $-54/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Hamblen County
• NCES district ID: 4700001
• Math proficiency: 31% ▼ -5.00%
• Reading proficiency: 30% ▼ -4.00%
• Median HH income: $39,361
• Composite: 25.61/100
• National rank: #7412
• State rank: #57 of 139 in TN

Livability — Morristown

• Score: 64/100
• State rank: #175
• US rank: #14625

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment F Housing A- Health & safety A+ User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 35,239
• Population (ZIP): 17,479

Population outlook (Hamblen County) Hauer SSP2

• Today (2025): 65,185 people
• By 2030: 65,707 · +0.8%
• By 2040: 66,189 · +1.5%
• By 2050: 65,798 · +0.9%
• By 2075: 62,642 · -3.9%
• By 2100: 55,702 · -14.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (72%)
• Race & ethnicity: White 72% Hispanic / Latino 21% Two or more races 10% Black 2% Pacific Islander 1%
• Hispanic origin (detail): Mexican 15%
• Common ancestry: Iranian 1% Serbian 1% Slovak 1%
• Foreign-born: 10% · Canada, Vietnam
• Languages at home: 83% English-only · Spanish 15% Other Asian/Pacific 1%

Political lean MEDSL · Hamblen

• 2024 margin: Solid R (+58.9) · D 20.1% · R 79.0%
• 2008→2024 swing: -20.5pp toward R · 2008: -38.4pp · 2024: -58.9pp
• All cycles: 2024: R+58.9 2020: R+54.0 2016: R+57.2 2012: R+46.4 2008: R+38.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -44.81%
• Current HPI: 302.4655
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.78%
• F500 in state: 22

Industry mix (Fortune 500 HQ in TN)

Industry	F500 HQs	Revenue
▸Healthcare	3	$91B
▸Retail	3	$72B
▸Transportation / Logistics	1	$88B
▸Paper / Packaging	1	$19B
▸Insurance	1	$13B
▸Energy	1	$12B

Price history

+501.4% since first listed

18 events — show timeline

• 2026-03-18 Price Changed $209,900 Knoxville MLS
• 2026-01-10 Price Changed $207,900 Knoxville MLS
• 2025-09-27 Price Changed $209,900 Knoxville MLS
• 2025-08-05 Price Changed $212,900 Knoxville MLS
• 2025-06-11 Price Changed $214,900 Knoxville MLS
• 2025-04-01 Price Changed $217,900 Knoxville MLS
• 2025-01-02 Listed $219,900 Knoxville MLS
• 2024-12-02 Price Changed $219,900 Knoxville MLS
• 2024-09-29 Price Changed $222,900 Knoxville MLS
• 2024-07-25 Relisted — Knoxville MLS
• 2024-07-18 Contingent — Knoxville MLS
• 2024-07-18 Listing Removed — Knoxville MLS
• 2024-07-01 Price Changed $224,900 Knoxville MLS
• 2024-03-27 Price Changed $227,900 Knoxville MLS
• 2023-12-26 Listed $229,900 LAAR
• 2023-12-26 Listed $229,900 Knoxville MLS
• 2007-08-14 Sold (Public Records) $119,900 Public Records
• 1979-05-21 Sold (Public Records) $34,900 Public Records

Property tax history

+6.1%/yr

Latest (2025): $796 · +34.9% YoY. Source: county tax records.