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431 S Fair St, Morrison, TN, 37357

2beds
2baths
1,628sqft
$239,900
$147price/sqft
$1,740/moest. monthly cost
$69,600/yrincome needed

About This Home

Welcome to this charming 2-bedroom, 2-bath home located in the city of Morrison’ right across from Morrison Elementary. This property offers plenty of space and flexibility — one of the large rooms could easily be converted into two additional bedrooms, creating a 4-bedroom layout perfect for a growing family or added investment potential. The home features generous living areas, two full bathrooms, and a layout ready for your personal touch. With its desirable location and abundance of space, this property is ready to become someone’s forever home. Seller also owns commercial building next-door, which is already set up for a daycare. Seller will entertain a bundle for both properties if desired. Potentially be two income producing opportunities if wanted.

Getting Around

18
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

5/10
5/10
Warren County High SchoolGrades 9-126.4 mi

Construction

Condition

  • Year built: 1950

Materials

  • Roof: Metal
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Oven,Electric Range,Dishwasher,Refrigerator

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 2

Features

  • High Speed Internet
  • Flooring: Tile,Vinyl
  • Finished area above ground: 1,628

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 1,628
  • Total interior livable area: 1,628 sqft

Property

Details

  • Parcel number: 101 01202 000
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.75 Acres
  • Lot size dimensions: 146.76 x 231.49 IRR

Parking

  • Total spaces: 1
  • Parking features: Attached
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

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

  • Cold Wave
    Cold WaveVery High
  • Tornado
    TornadoVery High
  • Winter Weather
    Winter WeatherVery High
  • Drought
    DroughtRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Winter Weather
Drought
Lightning
Strong Wind
Earthquake
Hail
Inland Flooding
Ice Storm

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
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 $1,213$14,556
Home Insurance $106$1,272
Property Taxes $246$2,952
Electricity $175$2,103
Total$1,740$20,880

Income You'd Need if You Spent...

35% on housing$59,657/yr
40% on housing$52,200/yr
45% on housing$46,400/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: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$147This listing

vs Other Active Listings

Avg $/sqft

ZIP 37357$177
Warren County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 37357$230
Warren County$196

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
2026-04-09Listed for sale$239,900
2026-04-07Listing removed$239,900
2026-03-02Price change$239,900
2025-10-05Price change$249,900
2025-07-31Listed for sale$599,900
2004-11-01Sold$20,000

For Sale by Agent

AgentKristin Green
BrokerageKW Mid South Homes + Land

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