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4995 Cotton Wood Ln, Morristown, TN, 37814

$389,000

Home List Price

$4,619*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,780 SqFt
$140/SqFt
House

Location

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4995 Cotton Wood Ln, Morristown$389,000

Buyer Closing Credits

$4,619*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingGarage Door Opener, Attached, Basement, Side/Rear Entry, Main Level
Attached Garage3 spaces
Year Built1973
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
BasementYes
FireplaceWood Burning Stove
MLS #1283214
Lot Size0.61 Acres
StatusActive

About 4995 Cotton Wood Ln

Welcome home to Cotton Wood Lane! There's something charming about this classic basement ranch in West Morristown that makes it the perfect place to call home. Everything you need is on one level: 3 bedrooms, 2 updated bathrooms, and the laundry room are all on the main floor. The spacious kitchen boasts lots of counter and cabinet space and is partially open to the living room and dining area. This layout is fabulous for entertaining family and friends during the upcoming holidays! Downstairs there is a large family room with a wood burning stove (how cozy!) and a flex room and half bath. There's also access to a lower level garage/workshop space! If you're looking for storage for all your toys, this home has what you need! Enjoy the large fenced in backyard with plenty of space for pets, play, and entertaining. You'll love being close to restaurants, Panther Creek State Park, Cherokee Lake, and Morristown amenities! **Agents read agent instructions**

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1973
  • Living Area: 2,780 SqFt

Listing Office:

  • Office Name: Keller Williams Signature
  • Office Phone: (865) 588-9300

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood, Vinyl, Tile
  • Interior: Walk-In Closet(s)
  • Fireplace: Wood Burning Stove

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Windows - Vinyl, Fence - Chain, Deck, Doors - Storm

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Garage Door Opener, Attached, Basement, Side/Rear Entry, Main Level

Lot Features

Lot Information:

  • Lot: Irregular Lot, Rolling/Hilly
  • Lot Size: 0.61 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From West AJ Hwy, turn onto Brentwood Drive, turn left onto Cotton Wood Lane. Property is on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,000
  • Price Per SqFt: $140/SqFt

Tax Information:

  • Annual Amount: $758
  • Tax Year: 2020
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Housing Market Comparison

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

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Morristown, TN

City

Med. Sold Price

$279K

Med. Price/SqFt

$160

Avg. Days On Market

70

# of Sold Homes

17

4995 Cotton Wood Ln vs Morristown

1 DAY ON ROCKET

-69 Days

$389,000

+$110K More

$140/SqFt

-$21 Less

KEY TAKEAWAY

This property is $110K more than the Median Sold Price and $21/SqFt less than other homes in Morristown, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1283214

Listing Office:

  • Office Name: Keller Williams Signature
  • Office Phone: (865) 588-9300

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: 11/21/2024, 6:20:56 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

May 29, 2020Home Sold
$222,000
Feb 27, 2018Home Sold
$132,500

Tax History

YEARPROP. TAXASSESSMENT
2020$758$47,550
2019$777$36,475
2018$777$36,475
2017$726$36,475

History based on county public records data.

Payment Calculator

$2,009

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,233

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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-379508
6
/10

  • Alpha Elementary School

  • 5620 Old US 11E Hwy

  • 0.94 miles

  • Public District Grades KG-5

school-card-donut-379509
5
/10

  • Manley Elementary School

  • 551 W Economy Rd

  • 2.53 miles

  • Public District Grades PK-5

school-card-donut-379510
7
/10

  • Talbott Elementary School

  • 848 Talbott Kansas Rd

  • 4.00 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,083. Most Morristown, TN residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4995 Cotton Wood Ln

What is the listing price of this property?

The listing price of 4995 Cotton Wood Ln property is $389,000.

What type of property is this?

The property 4995 Cotton Wood Ln is a house located in Morristown, Tennessee, 37814.

Is this property for sale now?

Active Listing: 4995 Cotton Wood Ln 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 $758 (source: MLS/based on county public records data).

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

The last sale was on May 29, 2020 for $222,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4995 Cotton Wood Ln has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 4995 Cotton Wood Ln is 2,780 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4995 Cotton Wood Ln is 1973.

Rocket Homes›Tennessee›Hamblen County›Morristown›37814›4995 Cotton Wood Ln

This home is located at 4995 Cotton Wood Ln in Morristown, TN and zip code 37814. This 2,780 square foot home, which was built in 1973, sits on a 0.61 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $389,000.

While more than 5 listings in Morristown, TN in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 9 were sold below. The number of homes for sale in Morristown, TN increased by 3.5% between September 2024 and October 2024. In October 2024, listings were on the market for 70 days. During the same period, the median list price in this real estate market was $279,000.

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

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