5 months on rocket

4848 W Andrew Johnson Hwy, Morristown, TN, 37814

$3,800,000

10.00 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewOther
MLS #1263724
Lot Size10.00 Acres
StatusActive

About 4848 W Andrew Johnson Hwy

10 acres of Commercial Land with over 750 feet of road frontage on Andrew Johnson Hwy in Morristown. All Utilities are at the front property including Water and Sewer. Seller is willing to discuss the possibility of splitting the acreage to allow more than one business and the seller is also willing to discuss a long-term ground lease. The land was just cleared of trees, and it is located right in the heart of one of the fastest growing commercial areas in East Tennessee. Perfect for National Chain Restaurants, Car Dealerships, Office Building and more. This property is just down the street from Walmart Super Center, Aubrey's, Starbucks, Freddy's, Good Ole' Days and Texas Roadhouse just to name a few. More pictures and updated Information about the area will be added to the listing information very soon.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Properties
  • Office Phone: (423) 839-3997

Exterior Features

Exterior Information:

  • View: Other

Lot Features

Lot Information:

  • Lot: Irregular Lot
  • Lot Size: 10.00 Acres

Other

Directions Information:

  • Directions: From Morristown, go West on Andrew Johnson Hwy toward Talbott. Property is located on the Right-hand side 1/2-mile past Merchants Greene Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,800,000

Tax Information:

  • Annual Amount: $63
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Morristown, TN.

Med. Sold Price

$279K

Med. Price/SqFt

$160

Avg. Days On Market

70

# of Sold Homes

17

4848 W Andrew Johnson Hwy vs Morristown

175 DAYS ON ROCKET

+105 Days

$3,800,000

+$3.5M More

KEY TAKEAWAY

This property is $3.5M more than the Median Sold Price in Morristown, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1263724

Listing Office:

  • Office Name: Keller Williams Properties
  • Office Phone: (423) 839-3997

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 12:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 09, 1998Home Sold
$159,900
Dec 12, 1997Home Sold
$116,700
Aug 27, 1997Home Sold
$18,000

Tax History

YEARPROP. TAXASSESSMENT
2020$63$1,975
2019$54$1,725
2018$55$1,725
2017$51$1,725

History based on county public records data.

Payment Calculator

$19K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.4K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-171726
6
/10
  • Alpha Elementary School

  • 5620 Old US 11E Hwy

  • 1.17 miles

  • Public District Grades KG-5

school-card-donut-171727
5
/10
  • Manley Elementary School

  • 551 W Economy Rd

  • 2.30 miles

  • Public District Grades PK-5

school-card-donut-171728
7
/10
  • Talbott Elementary School

  • 848 Talbott Kansas Rd

  • 4.16 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,083. The most common annual income of people living in Morristown, TN is between $35k-100k. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4848 W Andrew Johnson Hwy

What is the listing price of this property?

The listing price of 4848 W Andrew Johnson Hwy property is $3,800,000.

What type of property is this?

The property 4848 W Andrew Johnson Hwy is land located in Morristown, Tennessee, 37814.

Is this property for sale now?

Active Listing: 4848 W Andrew Johnson Hwy is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $63 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 9, 1998 for $159,900. (source: MLS/tax record).

How much acreage is this property?

The property 4848 W Andrew Johnson Hwy is 10.00 acres.
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Rocket HomesTennesseeHamblen CountyMorristown378144848 W Andrew Johnson Hwy

This home is located at 4848 W Andrew Johnson Hwy in Morristown, TN and zip code 37814. This home sits on a 10.00 acre lot. It has been listed on Rocket Homes since May 22, 2024 and is currently priced at $3,800,000.

In October 2024, from all listings sold in Morristown, TN there were more than 5 sold above asking price, over 9 sold below and more than 3 were sold right at the asked price. The number of homes for sale in Morristown, TN increased by 3.5% between September 2024 and October 2024. In October 2024 median list price was $279,000 and the average listing age was 70 days.

From Rocket Homes Real Estate and based on county public records data.

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