Last Sold Price
4,791,600 Lot Size110 Acres
1138 Valley Home Rd, Morristown, TN 37813

Description

The property for sale is a combination of two tax parcels (041 030.00 & 041 029.00) and totals approximately 110 acres. This is an ideal property and location for a residential development. The property adjoins Morristown's only public golf course and is just minutes from downtown and schools. The property is mostly cleared and has approximately 700' of frontage on Valley Home Road.The property for sale is a combination of two tax parcels (041 030.00 & 041 029.00) and totals approximately 110 acres. This is an ideal property and location for a residential development. The property adjoins Morristown's only public golf course and is just minutes from downtown and schools. The property is mostly cleared and has approximately 700' of frontage on Valley Home Road.
LISTING CLOSED: 08/13/2021 12:00 AM

  1. Listed by Wes Cate • Furrow Strickland Real Estate Services

Property Details for 1138 Valley Home Road

Status
MLS #
1147195
Days on Market
19
Taxes
$4,989 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Lots & Acreage
Year Built
-
Lot Size
110.00 AC
Zoning Description
Zoned Residential
View
Country Setting, Wooded, Golf Course
Zoning Zoned Residential
True

Recent comparable sales

Median sold price

$57,500

Avg days on market

93

Sale-to-list ratio

83.3%

Morristown, TN

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Location

Listing Courtesy of Furrow Strickland Real Estate Services, Wes Cate

Sold By Castle & Associates Real Estate, Lauren Castle (423.312.1910)

Add your commute

Building Information for 1138 Valley Home Road

Lot Size110.00 AC

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$4,736 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,320

Property Taxes

$416

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Rocket Mortgage1

Property Information for 1138 Valley Home Road

Summary
Location and General Information
  • City: Morristown
  • County Or Parish: Hamblen County - 38
  • Directions: From downtown Morristown at the City Center, travel southwest on W 1st North St for .3 miles and turn left onto N Jackson St. Travel .25 mile and turn right onto W Morris Blvd. Travel 1 mile and turn left onto Dr M.L. King Pkwy. Travel .6 miles and turn right onto Jarnigan Ave. Jarnigan Ave becomes Valley Home Rd. Travel .4 miles and turn right. Travel .2 miles and property on right.
  • Latitude: 36.193383
  • Longitude: -83.315942
  • MLS Area Major: Hamblen County - 38
  • MLS Area Minor: Hamblen County - 38
  • Postal Code: 37813
  • State Or Province: TN
  • Topography: Partially Cleared,Cleared
  • Road Access Public Road: True
  • Road Frontage City: True
  • Road Frontage County: True
  • Road Frontage Paved: True
  • View Country Setting: True
  • View Golf Course: True
  • View Wooded: True
  • Location Tax Legal Info Area: Hamblen County - 38
  • Remarks Misc Directions: From downtown Morristown at the City Center, travel southwest on W 1st North St for .3 miles and turn left onto N Jackson St. Travel .25 mile and turn right onto W Morris Blvd. Travel 1 mile and turn left onto Dr M.L. King Pkwy. Travel .6 miles and turn right onto Jarnigan Ave. Jarnigan Ave becomes Valley Home Rd. Travel .4 miles and turn right. Travel .2 miles and property on right.
  • Topography Cleared: True
  • Topography Partially Cleared: True
Parking
  • Improvements Driveway: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 041 030.00
  • Location Tax Legal Info Total Tax: 4989.0
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 110.0
  • Lot Size Units: Acres
  • Lot Size Square Feet: 4791600.0
  • Lot Features: Rolling, Golf Community, Wooded, Private
  • Lot Size Acres: 110.0
  • Lot Size Source: Tax Records
  • Lot Size Dimensions: 3279x1328
  • General Property Description Lot Dimensions: 3279x1328
  • General Property Description Acres: 110.0
  • General Property Description Acre Source: Tax Records
  • Lot Description Golf Community: True
  • Lot Description Private: True
  • Lot Description Rolling: True
  • Lot Description Wooded: True
  • Lot Description Rolling Slope: True
Property and Assessments
  • Possession: At Closing, Negotiable, Immediate
  • Sign On Property: Yes
  • Property Type Label: Lots & Acreage
  • Floor Plans Count: 0
  • Property Type: Lots & Acreage
  • Easements Driveway: True
  • Easements Flood Zone: True
  • Documents on File Building Plans: True
  • Documents on File Survey: True
  • Documents on File Topography Map: True
  • Developmnt Potential Farm: True
  • Developmnt Potential Recreational: True
  • Developmnt Potential Single Family: True
  • Developmnt Potential Subdivision: True
  • Possession At Closing: True
  • Possession Immediate: True
  • Possession Negotiable: True
Utilities
  • Utilities Available Cable TV: True
  • Utilities Available Electricity: True
  • Utilities Available Telephone: True
  • Utilities Available Water: True
Interior and Exterior Features
Interior Features
  • Bathrooms Total Integer: 0
Rental
Rent Information
  • General Property Description Restrictions: No

Property History for 1138 Valley Home Road

DateEvent & SourcePriceAppreciation
Aug 13, 2021

Closed

KAARMLS #1147195

$850,000
Aug 13, 2021

Closed (Public Record)

Public Record #1469058926

$850,000
Apr 14, 2021

Contract - Not Showing

KAARMLS #1147195

DateEvent & SourcePrice
08/13/2021

Closed

KAARMLS #1147195

$850,000
08/13/2021

Closed (Public Record)

Public Record #1469058926

$850,000
04/14/2021

Contract - Not Showing

KAARMLS #1147195

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1138 Valley Home Road

Taxable ValueLand$153,900Additions-Total$153,900
Home Facts
Total Finished SqFt1,312 SqFtAbove Grade Finished SqFt1,312 SqFtStories1Lot Size3,042,230 SqFtStyleAgricultural / RuralYear Built1955CountyHAMBLENAPN041 03000

Schools near 1138 Valley Home Road

This home is within Hamblen County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Manley Elementary School
PublicPK to 5

West View Middle School
Public6 to 8

Morristown West High School
Public9 to 12

Hamblen County Alternative School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1138 Valley Home Road, Morristown, TN 37813
$850,000
4,791,600
1.5
1,144
2,257,279
1
1,020
14,810
1
576
7,841
$102,000
1
776
89,298
1
708
5,166,652

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Furrow Strickland Real Estate Services, Wes Cate

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 08/30/2021 06:21 AM