# 1027 Penny Lane, Morristown, TN 37814

> **TL;DR:** 3bd/1ba single family, $225,000 ($208/sqft), built 1999, 1,080 sqft.
> A/C. Est. $975/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $225,000 |
| Price/sqft | $208 |
| Bedrooms | 3 |
| Bathrooms | 1 full |
| Square Feet | 1,080 |
| Year Built | 1999 |
| Lot Size | 11,761 sqft (0.27 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $975 |
| **Total** | **$975** |

## Nearby Schools

- **Elementary:** West Elem
- **Middle:** Lincoln Heights
- **High:** Morristown West

## Key Amenities

- A/C

## Property Highlights

- Built in 1999
- 0.27 acre lot

## Description

### 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

## Location

- **Address:** 1027 Penny Lane, Morristown, TN 37814
- **County:** Hamblen
- **Neighborhood:** Not In Subdivision
- **Coordinates:** 36.222924, -83.299879
- **Google Maps:** https://www.google.com/maps?q=36.222924,-83.299879

## Listing Agent

- **Name:** Tuesdee Davis
- **Brokerage:** Tennessee Tuesdee Real Estate
- **Phone:** 4232434445
- **Email:** tuesdee@mountainlakehomestn.com

## Primary Photo

![1027 Penny Lane - Primary Photo](http://lh.rdcpix.com/1e7e73f8047d4cad5471b87d6e676b24l-f3091117567r.jpg)

*35 total photos available on [listing page](https://www.propertysimple.com/listing/1027-penny-lane-morristown-tn-37814-9997257)*

---

**MLS#:** 9997257 | **Updated:** 2026-06-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1027-penny-lane-morristown-tn-37814-9997257)

---

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