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Single Family ResidenceResidential
$373,207$200 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $167,000 on Apr 24, 2007

1540 PRATER DR

MORRISTOWN, TN 37814
2
Baths
1,863 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.82 ac
Lot SizeThe size of the land the home sits on, from county records.
1961
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$373K
$344K low$403K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$167,000 · Apr 24, 2007

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,044 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$79,700 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$16,525
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$63,175
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$45,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$318,800

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Custom Design
CountyHAMBLEN
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1995
Lot (acres)The size of the land the home sits on, from county records.0.82
ConstructionThe main material the home's frame and walls are built from.Masonry/Concrete Masonry Units (Cmus)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 288 ft²

Transaction History(6)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
West Elementary SchoolC
Elementary · Grades PK–5 · 1.5 mi
H
Morristown-Hamblen High School WestC
High · Grades 9–12 · 2.4 mi
M
Lincoln Heights Middle SchoolB+
Middle · Grades 6–8 · 2.8 mi

District: Hamblen County School District

Neighborhood · ZIP 37814These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.115
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.105
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.138

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.12%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.36,056
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.688 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$53,009
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$73,010
Average tempThe average temperature here across a full year.57°F
Annual precipHow much rain and melted snow falls here in a typical year.46 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.53%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1540 Prater Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 85% of homes in Hamblen County
  • Costs more per square foot than 79% of homes in Morristown 37814
  • Bigger than 78% of homes in Hamblen County
  • Has a bigger lot than 77% of homes in Morristown 37814
  • Older than 77% of homes in Morristown 37814

What homes are worth in Morristown 37814

Each bar is how many homes fall in that price range. The marker is this home.

This home
$80K$688K

This home is worth more than 80% of homes in Morristown 37814.

How it measures up in Morristown 37814

The dot is this home. The mark in the middle is the typical home in Morristown 37814.

Estimated value$373,207
CheaperTypical $249,953Pricier

Pricier than 80% of homes nearby

Price per ft²$200
CheaperTypical $165Pricier

Pricier than 79% of homes nearby

Living area1,863 ft²
SmallerTypical 1,448 ft²Bigger

Bigger than 73% of homes nearby

Lot size0.82 ac
SmallerTypical 0.47 acBigger

Bigger than 77% of homes nearby

Year built1961
OlderTypical 1978Newer

Newer than 23% of homes nearby

How 1540 Prater Dr ranks against every home in each area.
MeasureThis homeMorristown 37814Hamblen County
Estimated valuepricier than$373,20780% of homes85% of homes
Price per ft²pricier than$20079% of homes79% of homes
Living areabigger than1,863 ft²73% of homes78% of homes
Lot sizebigger than0.82 ac77% of homes70% of homes
Year builtnewer than196123% of homes25% of homes

About 1540 Prater Dr

How much is 1540 Prater Dr, Morristown, TN worth?

The TopHap Estimate for 1540 Prater Dr, Morristown, TN is $373,207 as of Aug 30, 2026. The likely range is $343,664 to $402,750. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1540 Prater Dr, Morristown, TN last sell?

1540 Prater Dr, Morristown, TN last sold on Apr 24, 2007 for $167,000, according to the county's recorded deed. TopHap holds 4 recorded sales for this parcel.

How big is 1540 Prater Dr, Morristown, TN?

1540 Prater Dr, Morristown, TN has 2 bathrooms, 1,863 square feet of living space and a 0.82-acre lot.

When was 1540 Prater Dr, Morristown, TN built?

1540 Prater Dr, Morristown, TN was built in 1961, making it 65 years old. It is a custom design home. The building has 1 story.

What schools serve 1540 Prater Dr, Morristown, TN?

1540 Prater Dr, Morristown, TN is assigned to West Elementary School (elementary), rated C; Morristown-Hamblen High School West (high), rated C; Lincoln Heights Middle School (middle), rated B+. All sit in Hamblen County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1540 Prater Dr, Morristown, TN compare to other homes in Morristown 37814?

Among the 12,794 homes in Morristown 37814, it is worth more than 80% of them ($373,207 against a typical $249,953), its price per square foot is higher than 79% of them ($200 against a typical $165), it is bigger than 73% of them (1,863 ft² against a typical 1,448 ft²), its lot is bigger than 77% of them (0.82 ac against a typical 0.47 ac) and it is newer than 23% of them (1961 against a typical 1978). Measured against all of Hamblen County, it is worth more than 85% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1540 Prater Dr, Morristown, TN?

The 2025 property tax bill for 1540 Prater Dr, Morristown, TN was $1,044. The county assessed it at $79,700.

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