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About This Home

This 3-bedroom, 1-bathroom single family at 1027 Penny Lane in Morristown, TN is listed for $225,000 ($208 per sqft). Built in 1999, the home offers 1,080 sqft of living space on a 0.27 acres lot.

Agent Description

Welcome to this beautifully refreshed 3-bedroom, 1-bath home located within Morristown city limits. Built in 1999 and offering approximately 1,080 square feet of comfortable living space, this move-in-ready home is perfect for first-time homebuyers, downsizers, or investors seeking a great rental opportunity.

Recent updates include a new metal roof, modern black kitchen cabinets, and ceiling fans throughout the home, creating a fresh and inviting atmosphere. The functional floor plan offers comfortable living spaces with plenty of natural light and easy maintenance.

Conveniently located near shopping, dining, schools, and healthcare, this affordable home combines city convenience with everyday comfort. Whether you're looking to purchase your first home or add to your investment portfolio, this property is one you won't want to miss. New metal roof Modern Black kitchen cabinetry New Ceiling fans in each room Built in 1999 1,080+/- sq ft Within Morristown city limits Excellent rental potential Ideal starter home Move-in ready condition

Key Features

  • Built in 1999
  • 0.27 acre lot

Property Details

1 story
1 full
1999

Amenities

A/C

Monthly Cost Estimate

$1,203/mo

20% down · 6.5% · 30 years

Principal$163
Interest$975
Insurance$66

Estimates only. Actual payments may vary.

Location

1027 Penny Lane

Morristown, TN 37814

Not In Subdivision

Property Details

Construction

Vinyl Siding

Heating

Heat Pump (Heating)Electric (Heating)

Cooling

Heat Pump

Questions & Answers

This 3-bedroom, 1-bathroom single family at 1027 Penny Lane is listed at $225,000 ($208/sqft). The estimated monthly payment is $975 based on 20% down at 6.5% interest.

Key features include: Built in 1999, 0.27 acre lot.

This property is listed by Tuesdee Davis and can be reached at 4232434445 or tuesdee@mountainlakehomestn.com.

TD

Tuesdee Davis

Agent at Tennessee Tuesdee Real Estate

(423) 243-4445

Listed by Tennessee Tuesdee Real Estate · View on Broker Site

MLS# 9997257· Source: listhub· Updated 1 days ago

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1027 Penny Lane, Morristown, TN 37814

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