522 Fairmont Avenue

Morristown TN 37814

2236 sq. ft.

14374.8 sq. ft.

Single-Family

Last sold for $183,000

Amy Shrader, last sold this property on 31 March 2025 after -214 days on market.

Overview

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!

Features

2 bedrooms

1 bathroom

2 carspaces

2 garage spaces

2236 sq. ft. floor area

14374.8 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Morristown over the last 12 months, the estimated median property value of 522 Fairmont Avenue is $250k.

Median value

$250k

Estimated value range

$164.9k - $630k

Median days on market

Estimated value trend

25%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Morristown. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 522 Fairmont Avenue

2025

Sold

$183,000

31 Mar 2025 by Amy Shrader, of REMAX Real Estate Ten | Morristown

Happy sellers in Morristown

We have insufficient information to provide an overview of customer satisfaction for Morristown. Viewing the agent profiles, reviews and sales for Morristown can provide insights for this location.