Multiple offers seller will decide Monday at 2PM. Check out this 3 bed 1 bath home with a brand new roof! With a little TLC this home would be great for a handy homeowner or an investor looking to add to their rental portfolio. This home boasts a large partially fenced in backyard with plenty of room for pets or hosting.
Single-familyProperty Type
1971Year Built
0.37 acresLot Size
$139Est. Price/Sq.Ft.
Listed by Michael Payne• eXp Realty, LLC
Bought with NON MEMBER Member• Non Member
Source:TVRMLS #9947651
Redfin Estimate
$140,673
$24K since sold in March 2025$6,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 37% lower than the average sale price ($223K) of 6 comparable homes.
Multiple offers seller will decide Monday at 2PM. Check out this 3 bed 1 bath home with a brand new roof! With a little TLC this home would be great for a handy homeowner or an investor looking to add to their rental portfolio. This home boasts a large partially fenced in backyard with plenty of room for pets or hosting.
Public Records
Nov 12, 1971
Sold
$15,950
$16/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$961 (+59.3%)
2024
$603
2023
$603
2022
$603
2021
$603 (+0.1%)
2020
$602 (+6.5%)
2019
$566 (+7.9%)
2018
$524 (+6.4%)
2017
$493 (+0.2%)
2016
$492 (+2.9%)
2015
$478 (−6.6%)
2014
$512
Tax history for 2048 New Cut Rd
Year
Property tax
Land + Additions
Assessment*
2025
$961 (+59.3%)
2024
$603
2023
$603
2022
$603
2021
$603 (+0.1%)
2020
$602 (+6.5%)
2019
$566 (+7.9%)
2018
$524 (+6.4%)
2017
$493 (+0.2%)
2016
$492 (+2.9%)
2015
$478 (−6.6%)
2014
$512
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R2
Medium Density Residential District
This is a residential district to provide for medium population density. The principal uses of land may range from single-family to medium density multi-family apartment uses. Certain uses which are more compatible functionally with intensive residential uses than with commercial uses are permitted. The recreational, religious, educational facilities, and other related uses in keeping with the residential character of the district may be permitted on Review by the Board of Zoning Appeals.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Agriculture-Cropland
Property details
Interior
Basement Information
Basement Sq. Ft: 1,014
Basement Type: Unfinished
Bathroom Information
# of Bathroom Fixtures: 3
Heating & Cooling
Air Conditioning Type: Split System
Heating Fuel Type: Gas
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Continuous Footing
Building Construction Quality: Average
Exterior Wall: Brick/Wood
Roof Covering Type: Prefinished Metal
Roof Shape Type: Gable/Hip
Building Type: Single Family
Property Information
Subdivision Name: WILLIAMS G W
Living Sq. Ft: 1,014
Ground Floor Sq. Ft: 1,014
Building Sq. Ft: 2,028
# of Stories: 1
Legal Description: WILLIAMS G W PB 3 PG 62 BLK B, LOT 7 100X160
Lot Information
# of Buildings: 1
Land Sq. Ft: 16,000
Legal Lot Number: 7
Legal Block Number: B
Acres: 0.3673
Depth Footage: 160
Front Footage: 100
Zoning Code: R2
State Use Description: RESIDENTIAL
Utility Information
Electricity / Wiring Type: Available
Sewer Type: Public
Water Service Type: Public
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 1,014
Stories: 1.0
Lot Size: 0.37 acres
Style: Single Family Residential
Year Built: 1971
Year Renovated: 1997
County: Hamblen County
APN: 025J E 00400 000
Home facts updated by county records on Jul 21, 2026
Around this home
Schools
Fairview Marguerite
Public PreK-5 • Assigned • 0.9mi
3/10
Meadowview Middle School
Public 6-8 • Assigned • 0.7mi
4/10
Morristown East High School
Public 9-12 • Assigned • 1.7mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 102° expected this year, 21 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
5/10 Air Factor
8 unhealthy days expected this year, 9 days in 30 years
Provided by First Street
Historical weather
Morristown, TN • 37814
Average low and high temperatures (°F)
42
26
52
32
67
42
75
52
76
56
85
65
89
70
84
65
80
62
72
49
61
42
51
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 4.2 hours in December, placing it below the
U.S. average for solar exposure.
9 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$134,000 – $162,000
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