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Hamblen 37814
4310 Peace Drive
Photo of 4310 Peace Drive

16

Map

Photo of 4310 Peace Drive
Photo of 4310 Peace Drive
$65,000
● Land - For Sale

4310 Peace Drive

Morristown, TN 37814
bedrooms
Studio
bathrooms
0 Bath
$328
Est. Monthly

About This Property

Discover this convenient 0.81 acre building lot in Morristown, Tennessee. This is an easy, cost-saving opportunity for your future home. A three bedroom septic system has already been installed on the property, eliminating one of the largest and most expensive steps in the building process and putting thousands back in your pocket. With its straightforward layout and ready infrastructure, this is a truly easy build lot and is ideal for your new homes site. Whether you're planning a custom home, a quiet family residence, or a smart investment, this parcel offers a head start in a desirable Morristown location.
Unit Size
-
Days on Market
46 days
Land Size
0.81 acres
Price per sqft
-
Property Type
Land
Property Taxes
$9
HOA Dues
-
Year Built
-

Listed By

Taylor Clay
Taylor Clay
[email protected]
The Real Estate Depot, LLC

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 months ago (Realtracs #RTC3528245)

Price History

Date / Event Date Event Price
Aug 28, 2026 Listed by The Real Estate Depot $65,000
Listed by The Real Estate Depot

Property Highlights

Exterior Details
Lot Features: Rolling Slope, Cleared
Lot Size Area: 0.81
Lot Size Units: Acres
Lot Size Acres: 0.81
Lot Size Square Feet: 35283.6
Lot Size Dimensions: 150x244xIRR
Tax Lot: PT&4
Financial Details
Tax Annual Amount: $106

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,284
  • Lot Size Depth Feet: 2,220
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MTN VIEW MEADOWS ANNEX
  • Land Acres: 0000000810
  • Standard Land Use Code: 1000
  • County Land Use Code: 00
  • State Land Use Code: C00
  • Legal Description 1: MTN VIEW MEADOWS ANNEX PB: 7 PG: 5 LOT: 4 150X244 IRR

Neighborhood

  • School District Name: Hamblen County School District
  • Census Tract: 100600

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 017E
  • District: 03
  • Parcel: 017E-A-020.00
  • Lot: 4
  • Municipality: HAMBLEN COUNTY
  • Latitude: 36.2653
  • Longitude: -83.2514

    Address

  • Full Address: 4310 Peace Dr
  • Address - House Number: 4310
  • Address - Street Name: Peace
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Morristown
  • Carrier Code: R008
  • 4-Digit Zip Code: 6369
  • Zip Code: 37814

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,400
  • Tax Rate Code Area: 32A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 379,194
  • High Value: 553,295
  • Low Value: 205,092

    Market Valuation

  • Market Total Value: $17,100
  • Market Land Value: $17,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $4,275
  • Assessed Land Value: $4,275

    Sales

  • Current Sale Contract Date: Oct 06, 2023
  • Current Sale Recording Date: Oct 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 30647
  • Previous Sale Recording Date: Aug 15, 1984
  • Previous Sale Document Type: 27
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 Hamblen

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$183

Below Asking

0.02%

Average Days on Market

101

Average Home Size

1858 ft²

Average Home Age

37.8 years

Currently For Sale

76 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

Rentals Near You

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Realtracs

Listed by: Taylor Clay, The Real Estate Depot
Last Updated: 2 months ago
Data Source: Realtracs, MLS# RTC3528245
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 4310 Peace Drive built and last sold?
The property at 4310 Peace Drive was built in and last sold on Oct 6, 2023 for $19,000.
How much is this home worth?
The estimated value of the home located at 4310 Peace Drive is $65,650.
What are some comparable homes to 4310 Peace Drive?
There are currently no comparable homes to 4310 Peace Drive.
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