Nestled on a charming 1/3-acre lot in Morristown, this 2-bedroom, 1-bathroom basement rancher is brimming with potential. Offering approximately 1,000 sq ft of living space on the main level, plus an additional 400 finished sq ft in the basement, this home is perfect for investors looking for their next project or rental opportunity. The exterior features a large 30x32 detached garage equipped with a built-in air compressor, wood-burning stove, and plenty of space for hobbies or storage. The home also includes a cozy screened-in side porch (225 sq ft), ideal for relaxing or entertaining.
Inside, you'll find a spacious living room accented by a rustic stone fireplace, adding to the home's unique character. The kitchen is ready for your personal touch and features ample cabinet space. While the home could benefit from updates, it offers a solid foundation for those looking to make it their own. A fenced backyard adds privacy and space for outdoor activities. Situated in a quiet, established neighborhood, this property is conveniently located near local amenities. With some TLC, this home could be brought back to life and become a valuable addition to any investor's portfolio. Don't miss your chance to see the potential of this Morristown gem!
Sold for $183,000
$183,000
522 S Fairmont Ave, Morristown, TN 37813
2beds
1,398sqft
Single Family Residence, Residential
Built in 1955
0.33 Acres Lot
$200,100 Zestimate®
$131/sqft
$1,734 Estimated rent
Home value
$200,100
$158,000 - $252,000
$1,734/mo
Zestimate® history
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$1,734/mo
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$1,122/mo
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$1,122/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Amy Shrader 423-748-8811,
RE/MAX Real Estate Ten Midtown,
Michelle Hodges 423-307-3980
Bought with:
Hix Masengill, 6333
Century 21 Masengill-McCrary
Source: Lakeway Area AOR,MLS#: 705604
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Electric Water Heater, Microwave, Refrigerator
- Laundry: Electric Dryer Hookup, In Basement, Washer Hookup
Features
- Flooring: Carpet, Laminate, Vinyl
- Windows: Double Pane Windows, Tilt Windows
- Basement: Block,Partially Finished
- Number of fireplaces: 1
- Fireplace features: Family Room, Wood Burning
Interior area
- Total structure area: 3,196
- Total interior livable area: 1,398 sqft
- Finished area above ground: 998
- Finished area below ground: 400
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, Enclosed
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Storage
- Fencing: Back Yard
Lot
- Size: 0.33 Acres
- Dimensions: 68 x 212.2
- Features: Paved, Sloped
Details
- Additional structures: Shed(s)
- Parcel number: 041E A 01100 000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Block, Brick, Stone
- Foundation: Block
- Roof: Asphalt
Condition
- Fixer
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected, Cable Internet, DSL Internet, Fiber Internet
Community & HOA
HOA
- Has HOA: No
Location
- Region: Morristown
Financial & listing details
- Price per square foot: $131/sqft
- Tax assessed value: $200,500
- Annual tax amount: $762
- Date on market: 10/25/2024
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2025 | Sold | $183,000-8.5%$131/sqft |
Source:  Lakeway Area AOR #705604 Report a problem | ||
| 2/27/2025 | Pending sale | $200,000$143/sqft |
Source:  East Tennessee Realtors #1280578 Report a problem | ||
| 1/15/2025 | Price change | $200,000-11.1%$143/sqft |
Source: Lakeway Area AOR #705604 Report a problem | ||
| 11/1/2024 | Price change | $225,000-10%$161/sqft |
Source: Lakeway Area AOR #705604 Report a problem | ||
| 10/25/2024 | Listed for sale | $250,000$179/sqft |
Source: TVRMLS #9972712 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,129 +48.1% | $50,125 +107.8% |
| 2024 | $762 | $24,125 |
| 2023 | $762 | $24,125 |
| 2022 | $762 | $24,125 |
| 2021 | $762 +0.1% | $24,125 |
| 2020 | $761 +1.2% | $24,125 +9% |
| 2019 | $752 +7.9% | $22,125 |
| 2018 | $697 +65.9% | $22,125 +3.6% |
| 2017 | $420 +3.4% | $21,350 |
| 2016 | $406 -31% | $21,350 |
| 2015 | $588 | $21,350 |
| 2014 | -- | $21,350 -8.7% |
| 2013 | -- | $23,375 |
| 2011 | $629 | $23,375 |
| 2010 | $629 | $23,375 |
| 2009 | -- | $23,375 +20% |
| 2008 | $615 -4.5% | $19,475 |
| 2007 | $645 +17.8% | $19,475 |
| 2006 | $547 | $19,475 |
| 2005 | $547 -10.8% | $19,475 |
| 2004 | $613 +20.4% | $19,475 +20.4% |
| 2003 | $510 | $16,175 +0.1% |
| 2001 | -- | $16,153 -75% |
| 2000 | -- | $64,613 |
Find assessor info on the county website
Neighborhood: 37813
Nearby homes
- $12,500-- bd1 ba672 sqft530 S Fairmont Ave, Morristown, TN 37813Sold
- $159,500-- bd0 ba972 sqft516 S Fairmont Ave, Morristown, TN 37813Off Market
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Nearby schools
GreatSchools rating
- 7/10Lincoln Heights Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 7/10Lincoln Heights Middle SchoolGrades: 6-8Distance: 1.1 mi
- 6/10Morristown West High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Lincoln Heights
- Middle: Lincoln
- High: West
Source: Lakeway Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Tennessee
- Hamblen County
- Morristown
- 37813
- 522 S Fairmont Ave
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