Investor opportunity you don't want to miss! Welcome to 848 Spencer Hale Rd in the heart of Morristown. An updated, income-producing property that's ready to go from day one. This 1-bedroom, 1-bath home was completely renovated in 2023, offering peace of mind and modern appeal with a brand new roof, HVAC system, windows, kitchen, flooring, and bathroom, everything has been done for you!
Inside, you'll find a clean, stylish space featuring granite countertops and updated finishes throughout, making it attractive to current and future tenants alike. Best of all, the home is already rented, providing immediate cash flow for its next owner or keep it for your own personal home.
Whether you're just getting started in real estate investing or looking to expand your portfolio with a true turnkey property, this one checks all the boxes, low maintenance, updated, and income-producing from day one. Conveniently located near everything Morristown has to offer, this is an easy addition to any portfolio.
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Pending
$130,000
848 Spencer Hale Rd, Morristown, TN 37813
1beds
422sqft
Single Family Residence, Residential
Built in 1939
8,712 Square Feet Lot
$-- Zestimate®
$308/sqft
$-- HOA
What's special
Stylish spaceBrand new roofGranite countertops
- 54 days |
- 487 |
- 27 |
Zillow last checked:
Listing updated:
Listed by:
Emily Lowe Sexton 423-736-7854,
Keller Williams Properties 423-616-0806,
Latasha Span 423-277-7896
Source: Lakeway Area AOR,MLS#: 711372
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Primary bathroom
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Central, Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Electric Range, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer Stacked
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Cathedral Ceiling(s), Granite Counters, High Speed Internet, Recessed Lighting
- Flooring: Luxury Vinyl
- Windows: Double Pane Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 422 sqft
- Finished area above ground: 422
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Front Porch
- Exterior features: Rain Gutters
- Pool features: None
- Fencing: None
- Waterfront features: Creek
- Frontage type: Other
Lot
- Size: 8,712 Square Feet
- Dimensions: 106 x 200
- Features: Front Yard, Level
Details
- Parcel number: 143.01
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Block, Frame, Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1939
Utilities & green energy
- Electric: 220 Volts in Laundry, Circuit Breakers
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Morristown
Financial & listing details
- Price per square foot: $308/sqft
- Tax assessed value: $59,700
- Annual tax amount: $219
- Date on market: 5/4/2026
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Pending sale | $130,000$308/sqft |
Source:  Lakeway Area AOR #711372 Report a problem | ||
| 5/4/2026 | Listed for sale | $130,000-13.3%$308/sqft |
Source: Lakeway Area AOR #711372 Report a problem | ||
| 12/6/2025 | Listing removed | $150,000$355/sqft |
Source: Lakeway Area AOR #708778 Report a problem | ||
| 11/20/2025 | Listed for sale | $150,000$355/sqft |
Source: Lakeway Area AOR #708778 Report a problem | ||
| 10/27/2025 | Pending sale | $150,000$355/sqft |
Source: Lakeway Area AOR #708778 Report a problem | ||
| 9/15/2025 | Price change | $150,000-6.3%$355/sqft |
Source: Lakeway Area AOR #708778 Report a problem | ||
| 8/22/2025 | Listed for sale | $160,000-3%$379/sqft |
Source: Lakeway Area AOR #708778 Report a problem | ||
| 9/11/2024 | Listing removed | $165,000$391/sqft |
Source: Lakeway Area AOR #704762 Report a problem | ||
| 8/16/2024 | Listed for sale | $165,000+450%$391/sqft |
Source: Lakeway Area AOR #704762 Report a problem | ||
| 8/15/2022 | Sold | $30,000-25%$71/sqft |
Source: TVRMLS #9941445 Report a problem | ||
| 8/2/2022 | Pending sale | $40,000$95/sqft |
Source: Lakeway Area AOR #609163 Report a problem | ||
| 7/29/2022 | Listed for sale | $40,000+700%$95/sqft |
Source: Lakeway Area AOR #609163 Report a problem | ||
| 7/12/2006 | Sold | $5,000$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $219 +65% | $14,925 +121.1% |
| 2024 | $133 | $6,750 |
| 2023 | $133 +20.5% | $6,750 +20.5% |
| 2022 | $110 | $5,600 |
| 2021 | $110 | $5,600 |
| 2020 | $110 +3.6% | $5,600 +12% |
| 2019 | $107 | $5,000 |
| 2018 | $107 -0.5% | $5,000 |
| 2017 | $107 | $5,000 |
| 2016 | $107 +15.7% | $5,000 |
| 2015 | $93 | $5,000 |
| 2014 | -- | $5,000 -11.5% |
| 2013 | -- | $5,650 |
| 2011 | $105 | $5,650 |
| 2010 | $105 | $5,650 |
| 2009 | -- | $5,650 +31.4% |
| 2008 | $95 | $4,300 |
| 2007 | $95 +4.8% | $4,300 |
| 2006 | $90 +3.6% | $4,300 +3.6% |
| 2005 | $87 -11% | $4,150 |
| 2004 | $98 +24.8% | $4,150 +24.8% |
| 2003 | $78 | $3,325 -0.3% |
| 2001 | -- | $3,336 -75% |
| 2000 | -- | $13,344 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 37813
Nearby schools
GreatSchools rating
- 6/10Witt Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 7/10Lincoln Heights Middle SchoolGrades: 6-8Distance: 2.9 mi
- 5/10Morristown West High SchoolGrades: 9-12Distance: 3.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Hamblen County
- Morristown
- 37813
- 848 Spencer Hale Rd
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