2 months on rocket

5725 Academy Dr, Morristown, TN, 37814

$450,000

Home List Price

$5,344*

Closing Credit

3 Bedrooms
2 Full Baths
2,264 SqFt
$199/SqFt
House

Location

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5725 Academy Dr, Morristown$450,000

Buyer Closing Credits

$5,344*

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 Built1977
HeatingCentral, Natural Gas, Electric
CoolingCentral Air
BasementYes
FireplaceGas
MLS #1277067
Lot Size0.63 Acres
StatusActive

About 5725 Academy Dr

Beautiful home on large corner lot in Panther Lake subdivision. Quiet neighborhood with large fenced in backyard. There is plenty of cabinet space inside this home for the chef of the house. A large butler's pantry greets you as you as you enter into the kitchen with island overlooking living room. The primary suite has a large bathroom with heated floors, steam shower system and soaker tub as well as two large closets. There are two more bedrooms and a full bathroom upstairs. Downstairs has a large family room and an office/bonus room for everyone to spread out. Enjoy outdoor grilling on your covered back porch with new deck and tongue and groove ceilings. This home has a two car garage on the main level and a one car garage with extra storage below. Close to shopping and restaurants.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1977
  • Living Area: 2,264 SqFt

Listing Office:

  • Office Name: Crye-Leike Premier Real Estate
  • Office Phone: (423) 586-4115

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Laminate, Hardwood, Tile
  • Interior: Island in Kitchen, Eat-in Kitchen
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fence - Wood

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: Level
  • Lot Size: 0.63 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take US 11E South and take a right at the light onto Panther Creek Rd. .08 miles. Make a left onto Mountain Laurel Rd and take your first left onto Academy Drive. .02 Miles the house is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $199/SqFt

Tax Information:

  • Annual Amount: $821
  • 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

5725 Academy Dr vs Morristown

64 DAYS ON ROCKET

-6 Days

$450,000

+$171K More

$199/SqFt

+$38 More

KEY TAKEAWAY

This property is $171K more than the Median Sold Price and $38/SqFt more 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: #1277067

Listing Office:

  • Office Name: Crye-Leike Premier Real Estate
  • Office Phone: (423) 586-4115

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: 11/23/2024, 6:20:55 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 05, 1996Home Sold
$87,500
May 19, 1994Home Sold
$87,500
Jul 20, 1990Home Sold
$72,000
May 23, 1988Home Sold
$72,900

Tax History

YEARPROP. TAXASSESSMENT
2020$821$41,675
2019$794$37,275
2018$794$37,275
2017$742$37,275

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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-951782
6
/10

  • Alpha Elementary School

  • 5620 Old US 11E Hwy

  • 0.62 miles

  • Public District Grades KG-5

school-card-donut-951783
5
/10

  • Manley Elementary School

  • 551 W Economy Rd

  • 3.20 miles

  • Public District Grades PK-5

school-card-donut-951784
7
/10

  • Talbott Elementary School

  • 848 Talbott Kansas Rd

  • 3.74 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 $60,033. Typical income of Morristown, TN residents is between $35k-100k annually. Typical family type 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 5725 Academy Dr

What is the listing price of this property?

The listing price of 5725 Academy Dr property is $450,000.

What type of property is this?

The property 5725 Academy Dr is a house located in Morristown, Tennessee, 37814.

Is this property for sale now?

Active Listing: 5725 Academy Dr 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 $821 (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 5, 1996 for $87,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5725 Academy Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5725 Academy Dr is 2,264 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5725 Academy Dr is 1977.

Rocket Homes›Tennessee›Hamblen County›Morristown›37814›5725 Academy Dr

This home is located at 5725 Academy Dr in Morristown, TN and zip code 37814. This 2,264 square foot home, which was built in 1977, sits on a 0.63 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $450,000.

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. Between September 2024 and October 2024, Morristown, TN real estate market has seen increase in the number of listings by 3.5%. While the average time on the market in October 2024 was 70 days, the median list price was $279,000.

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

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