See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1054 Colonial Dr, Morristown, TN, 37814

4beds
5baths
4,844sqft
$799,000
$165price/sqft
$6,261/moest. monthly cost
$250,440/yrincome needed

About This Home

Centrally located in the heart of Morristown, this picturesque Colonial-style home offers timeless charm combined with modern comfort and convenience. Featuring 4 bedrooms, 3 full baths, and 2 half baths, this spacious residence is designed for both comfortable everyday living and effortless entertaining. The main level welcomes you with an open floor plan that seamlessly connects the living spaces. The inviting living room is centered around a cozy natural gas fireplace, creating the perfect place to gather on cool East Tennessee evenings. Just steps away, the well-appointed kitchen offers abundant cabinetry, beautiful granite countertops, and plenty of workspace for preparing meals and entertaining guests. Off the living area, a screened-in deck provides a peaceful outdoor retreat--ideal for enjoying your morning coffee or relaxing at the end of the day. The main level is further complemented by a formal dining room, a dedicated office space perfect for working from home, and a convenient laundry room. Upstairs, the home accommodates all four bedrooms, including a spacious primary suite designed to be a private retreat. The master suite features its own private access to a screened deck, offering a quiet place to unwind. The luxurious en-suite bathroom includes dual vanities, a large soaking tub, a walk-in shower, and a generously sized walk-in closet. The lower level expands the living possibilities with additional space ideal for a movie room, recreation area, or game room. A basement-level garage and extra storage areas provide ample room for tools, equipment, and seasonal items. Ideally situated in a central Morristown location, this home places you just minutes from the rapidly growing Merchants Greene area with convenient access to shopping, dining, and everyday amenities. For added peace of mind, the listing agent is providing a 1-year home warranty to the buyer upon successful closing. Call today to schedule your private showing of this beautiful Colonial dream home in the heart of Morristown.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
4
BikeSomewhat Bikeable

Schools

6/10
Manley Elementary SchoolGrades PK-50.4 mi
7/10
West View Middle SchoolGrades 6-82.7 mi
5/10

Construction

Condition

  • Year built: 1993

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Brick,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Gas Water Heater,Microwave,Refrigerator
  • Laundry features: Electric Dryer Hookup,Laundry Room,Main Level,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Full,Interior Entry,Partially Finished,Walk-Out Access,Walk-Up Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 3
  • 1/2 bathrooms: 2

Features

  • Eat-in Kitchen,Breakfast Bar,Central Vacuum,Double Vanity,Entrance Foyer,Granite Counters,High Ceilings,Kitchen Island,Soaking Tub,Solid Surface Counters,Walk-In Closet(s)
  • Window features: Double Pane Windows
  • Flooring: Carpet,Hardwood,Laminate,Tile
  • Number of fireplaces: 1
  • Fireplace features: Gas Log,Living Room
  • Fireplace: Yes
  • Finished area below ground: 1,436
  • Finished area above ground: 3,408

Heating & Cooling

  • Heating features: Central,Heat Pump,Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total interior livable area: 4,844 sqft

Property

Details

  • Parcel number: 032M C 022.00

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Deck,Screened
  • Exterior features: Rain Gutters,Smart Irrigation

Lot

  • Lot size: 0.41 Acres
  • Features: Cul-De-Sac,Landscaped
  • Lot size dimensions: 169 x 165 IRR

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,040$48,480
Home Insurance $351$4,212
Property Taxes $1,477$17,724
Electricity $393$4,722
Total$6,261$75,132

Income You'd Need if You Spent...

35% on housing$214,662/yr
40% on housing$187,830/yr
45% on housing$166,960/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -3.1%
-3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$165This listing

vs Other Active Listings

Avg $/sqft

ZIP 37814$162
Hamblen County$173

vs Homes Sold Last Month

Median $/sqft

ZIP 37814$189
Hamblen County$188

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-22Price change$799,000
2026-03-11Price change$850,000
2026-03-08Listed for sale$899,000
2026-03-05Listing removed$899,999
2025-11-05Price change$899,999
2022-08-10Pending sale$489,900
2022-08-08Sold$540,000
2022-06-23Contingent$489,900
2022-06-20Listed for sale$489,900
2020-05-08Sold$385,000
2020-03-13Pending sale$399,900
2020-02-27Listed for sale$399,900
2020-01-27Pending sale$399,900
2020-01-03Listed for sale$399,900
2019-12-03Listing removed$399,900
2019-09-16Listed for sale$399,900
2019-01-29Sold$307,000
2019-01-29Listed for sale$329,900
2018-11-21Pending sale$329,900
2018-11-21Listed for sale$329,900
2017-02-09Pending sale$329,900
2017-01-19Price change$329,900
2016-09-22Listed for sale$339,900
2016-07-11Listing removed$335,000
2016-04-20Listed for sale$335,000
2013-08-14Sold$320,000
2012-08-20Sold$356,466
2005-08-29Sold$400,000
2002-11-05Sold$372,500
2001-02-01Sold$359,900

For Sale by Agent

AgentLisa Brown
BrokerageCrye-Leike Premier Real Estate LLC

Similar Homes