2 years on rocket

5085 Old Kentucky Rd, Morristown, TN, 37814

$1,699,900

82.90 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
ViewCreek/Stream
MLS #9931148
Lot Size82.90 Acres
StatusActive

About 5085 Old Kentucky Rd

Beautiful rolling 82.9 acre tract of land located only .5 mile off 11E near Mahle. Three sections of road frontage (1400') for easy subdivision. Lovely views from all around the property. Perfect for large tract estates or a new housing development. Land is currently on greenbelt. No houses included.

Property Details

Property Features

Listing Office:

  • Office Name: Century 21 Legacy - Greeneville
  • Office Phone: (423) 639-6781
  • Listing Agent: Mark Williams

Exterior Features

Exterior Information:

  • View: Creek/Stream

Lot Features

Lot Information:

  • Lot: Pasture, Rolling/Hilly, Wooded
  • Lot Size: 82.90 Acres

School Info

Assigned Schools Information:

  • Morristown East High School, Public District Grades 9-12
  • East Ridge Middle School, Public District Grades 6-8
  • Russellville Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Turn off of E AJ Hwy at Mahle onto Cedar Creek Rd, go .10 mile and turn left onto Old Kentucky Rd. Property is .5 mile on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,699,900

Tax Information:

  • Annual Amount: $582
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$269.9K

Med. Price/SqFt

$154

Avg. Days On Market

62

# of Sold Homes

11

5085 Old Kentucky Rd vs Morristown

893 DAYS ON ROCKET

+831 Days

$1,699,900

+$1.4M More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price in Morristown, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Tennessee/Virginia Regional MLS
  • MLS Number: #9931148

Listing Office:

  • Office Name: Century 21 Legacy - Greeneville
  • Office Phone: (423) 639-6781
  • Listing Agent: Mark Williams

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. 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. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Homefront.com shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2024 Tennessee Virginia Regional MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 8:20:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 21, 1988Home Sold
$25,000

Tax History

YEARPROP. TAXASSESSMENT
2020$582$29,525
2019$517$24,250
2018$517$24,250
2017$483$24,250

History based on county public records data.

Payment Calculator

$8,552

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,163

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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.

Elementary School

school-card-donut-3005127
5
/10
  • Russellville Elementary School

  • 5655 Old Russellville Pike

  • 1.12 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3005128
6
/10
  • East Ridge Middle School

  • 6595 Saint Clair Rd

  • 2.33 miles

  • Public District Grades 6-8

High School

school-card-donut-3005129
4
/10
  • Morristown East High School

  • 1 Hurricane Ln

  • 4.48 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,296. The most common annual income of people living in Morristown, TN is between $35k-100k. The majority of families are married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5085 Old Kentucky Rd

What is the listing price of this property?

The listing price of 5085 Old Kentucky Rd property is $1,699,900.

What type of property is this?

The property 5085 Old Kentucky Rd is land located in Morristown, Tennessee, 37814.

Is this property for sale now?

Active Listing: 5085 Old Kentucky Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5085 Old Kentucky Rd are:
Russellville Elementary School: GreatSchools Rating 5/10
East Ridge Middle School: GreatSchools Rating 6/10
Morristown East High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $582 (source: MLS/based on county public records data).

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

The last sale was on September 21, 1988 for $25,000. (source: MLS/tax record).

How much acreage is this property?

The property 5085 Old Kentucky Rd is 82.90 acres.
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Rocket HomesTennesseeHamblen CountyMorristown378145085 Old Kentucky Rd

This home is located at 5085 Old Kentucky Rd in Morristown, TN and zip code 37814. This home sits on a 82.90 acre lot. It has been listed on Rocket Homes since November 17, 2021 and is currently priced at $1,699,900.

In March 2024 more than 3 listings in Morristown, TN were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 5 were sold below. The number of listings in Morristown, TN increased by 3% between February 2024 and March 2024. In March 2024 median list price was $269,983 and the average listing age was 62 days.

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

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