3 days on Rocket
$2,255 Closing Credit¹
#9981393, Cody Fobber, Listing office: Crye-Leike Rogersville Realty Group
$179,900 List price
1027 Penny Ln Morristown, TN 37814
$2,136
Closing credit¹
3 beds
1 full
1,080 sqft
0.3 acres
$167 / sqft
House
Property details
About 1027 Penny Ln
Check out this amazing property in the heart of Morristown TN. Currently occupied with a long-term tenant this property is an excellent investment or could be great for the first time home buyer. Priced to sell it won't last long. Any information obtained within this listing is believed to be accurate but should be verified by buyer and or buyers agent
Highlights
Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingHeat Pump
Size1,080 sqft
Lot size0.27 Acres
Year built1999
MLS #9981449
Summary
- Full Bathrooms: 1
- Basement: No
- Total Bedroom Count: 3
- Exterior: Porch Front, Balcony
- Architectural Style: Ranch
- Heating: Heat Pump
- Cooling: Heat Pump
- List Price: $179,900
- Price/SqFt: $166
- Annual Tax Amount: $379
- Tax Year: 2022
- Directions: use gps or call listing agent for directions
- Year Built: 1999
- Living Area: 1,080 SqFt
- Lot Size: 0.27 Acres
- MLS Number: 9981449
- MLS Name: Tennessee/Virginia Regional MLS
- Office Name: Crye-Leike Rogersville Realty Group
- Office Phone: (423) 272-5050
- Office Email: larick@bellsouth.net
- Listing Agent: Cody Fobber
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 this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2025 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: 6/13/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$179,900
1027 Penny Ln
$2,136
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 27, 2010 | Home Sold | $40,000 |
| Mar 09, 2006 | Home Sold | $46,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $21,525 | $- |
| 2022 | $21,525 | $379 |
| 2021 | $21,525 | $379 |
| 2020 | $21,525 | $379 |
| 2019 | $18,050 | $568 |
| 2018 | $18,050 | $568 |
| 2017 | $18,050 | $534 |
History based on county public records data.
Nearby schools
5
West Elementary School
Public District PK-5
0.3 mi
•235 W Converse St
3
Fairview Marguerite
Public District KG-5
1.0 mi
•2125 Fairview Rd
4
Hillcrest Elementary School
Public District PK-5
1.4 mi
•407 S Liberty Hill Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $20,545. The majority of Morristown, TN residents have income less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
84%
<35k
16%
35k-100k
0%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
51%
Single, No Kids
21%
Single, with Kids
15%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
34%
18-34 yrs old
36%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
UFC- Pro Boxing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Church's Chicken
Burger King
Popeyes
What do the neighbors drive?
Cadillac
Buick
Dodge
What do the neighbors listen to?
Jazz
Urban Contemporary
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1027 Penny Ln
The listing price of 1027 Penny Ln property is $179,900.
The property 1027 Penny Ln is a house located in Morristown, Tennessee, 37814.
Active Listing: 1027 Penny Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1027 Penny Ln are: West Elementary School (GreatSchools Rating 5/10), Fairview Marguerite (GreatSchools Rating 3/10), Hillcrest Elementary School (GreatSchools Rating 4/10), Meadowview Middle School (GreatSchools Rating 5/10), Lincoln Heights Middle School (GreatSchools Rating 5/10), West View Middle School (GreatSchools Rating 6/10), Morristown East High School (GreatSchools Rating 4/10), Morristown West High School (GreatSchools Rating 5/10), Hamblen County Alternative School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2022 is $379 (source: MLS/based on county public records data).
The last sale was on July 27, 2010 for $40,000 (source: MLS/tax record).
The property at 1027 Penny Ln has 3 bedrooms and 1 bathroom.
The property 1027 Penny Ln is 1,080 SqFt (source: MLS/tax record).
The year of construction for 1027 Penny Ln is 1999.
This home is located at 1027 Penny Ln in Morristown, TN and zip code 37814. This 1,080 square foot home, which was built in 1999, sits on a 0.27 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 10, 2025 and is currently priced at $179,900.
In May 2025, from all listings sold in Morristown, TN there were more than 8 sold above asking price, over 27 sold below and more than 11 were sold right at the asked price. Between April and May 2025, Morristown, TN real estate market has seen increase in the number of listings by 13.1%. Listings spent 61 days on the market in May 2025, and had a median list price of $293,750 during the same period.
From Rocket Homes Real Estate and based on county public records data.