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Morristown 37814
1589 Stetzer Circle
Photo of 1589 Stetzer Circle
Sold on Jun 16, 2025

17

Map

Photo of 1589 Stetzer Circle
Photo of 1589 Stetzer Circle
$230,000
● House - Off Market

1589 Stetzer Circle

Morristown, TN 37814
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Ft²
$1,152
Est. Monthly

About This Property

Welcome to this newly remodeled 3-bedroom, 1-bathroom home located in the heart of Morristown, TN. This house features significant updates, including, but not limited to new LVP flooring, a new roof, new windows, and modern kitchen cabinets with new appliances. Conveniently situated near shopping, restaurants, and recreational activities, this home provides both comfort and easy access to local amenities. Ideal for anyone looking for a move-in ready and stylish living space in a central location. Some of the information in this listing may have been obtained from a 3rd party and/or tax records and must be verified before assuming accuracy. Buyer(s) must verify all information.
Unit Size
960 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$234
Property Type
House
Property Taxes
$47
HOA Dues
-
Year Built
1957

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Cap Rate Calculator

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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (Realtracs #RTC3320437)

Price History

Date / Event Date Event Price
Jun 16, 2025 Sold
Premium
Sold
Apr 25, 2025 Listed by Greater Impact Realty Lakeway $224,900
Listed by Greater Impact Realty Lakeway
Welcome to this newly remodeled 3-bedroom, 1-bathroom home located in the heart of Morristown, TN. This house features significant updates, including, but not limited to new LVP flooring, a new roof, new windows, and modern kitchen cabinets with new appliances. Conveniently situated near shopping, restaurants, and recreational activities, this home provides both comfort and easy access to local amenities. Ideal for anyone looking for a move-in ready and stylish living space in a central location. Some of the information in this listing may have been obtained from a 3rd party and/or tax records and must be verified before assuming accuracy. Buyer(s) must verify all information.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 25
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 2
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 68
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,267,000
  • Lot Size Depth Feet: 1,690
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,920
  • Gross Building Area: 1,920
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 960
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRVIEW HILLS 1
  • Land Acres: 0000075000
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: C00
  • Legal Description 1: FAIRVIEW HILLS 1 PB: 2 PG: 91 BLK: 5 LOT: 6 75X178 IRR

Neighborhood

  • School District Name: Hamblen County School District
  • School Tax School District: 32500
  • Census Tract: 100100

Geography

  • Assessors Map Reference: 025I
  • District: 01
  • Parcel: 025I-E-007.00
  • Block: 5
  • Lot: 6
  • Municipality: MORRISTOWN
  • Latitude: 36.2392
  • Longitude: -83.2888

    Address

  • Full Address: 1589 Stetzer Cir
  • Address - House Number: 1589
  • Address - Street Name: Stetzer
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Morristown
  • Carrier Code: C009
  • 4-Digit Zip Code: 3037
  • Zip Code: 37814

Valuation

    Tax

  • Total Area: 960
  • Tax Year: 2023
  • Tax Amount: $31,500
  • Tax Rate Code Area: 32B01

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 400,499
  • High Value: 584,382
  • Low Value: 216,615

    Market Valuation

  • Market Total Value: $71,500
  • Market Land Value: $16,200
  • Market Improvement Value: $55,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $17,875
  • Assessed Land Value: $4,050
  • Assessed Improvements Value: $13,825

    Sales

  • Current Sale Recording Date: Dec 04, 1984
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jun 09, 1978
  • Previous Sale Amount: $20,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Morristown

Stats & Trends

Median Asking:

$277,400

Sale Price/ft²

$182

Below Asking

0.02%

Average Days on Market

84

Average Home Size

2164 ft²

Average Home Age

42.7 years

Currently For Sale

44 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Realtracs

Listed by: Ben Cantwell, Greater Impact Realty Lakeway
Last Updated: 4 months ago
Data Source: Realtracs, MLS# RTC3320437
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 1589 Stetzer Circle built and last sold?
The property at 1589 Stetzer Circle was built in 1957 and last sold on Jan 1, 1970 for $22,000.
How much is this home worth?
The estimated value of the home located at 1589 Stetzer Circle is $224,401.
What are some comparable homes to 1589 Stetzer Circle?
There are currently no comparable homes to 1589 Stetzer Circle.
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