NOT LISTED FOR SALE

215 Old Cove Rd Walland, TN 37886

Estimated Value: $223,000 - $294,814

2.52 Acres
$98,785 Price per Acre
109,771 Sq Ft Lot

Last Sold May 01, 2024

Last sale price $142,500

Est. 75% increase in value since last sale

Current estimated payment $1,379/month

6 Days on Market

Highlights

  • Gated Community
  • Mountain View
  • Lot Has A Rolling Slope
  • 2.52 Acre Lot

About This Lot

As of May 2024

Beautiful 2.5 Acre Lot Located in the Gated Community of Old Cove Estates in Walland, TN. Lot is Approved for up to 4 Bedrooms and 1-Accessory Building. Level to Rolling House Site with East Millers Cove and Townsend Mountain Views. Gated Community with Paved Roads, U/G Power and Phone in Place. HOA with Restrictions to Safeguard and Protect your investment yet allowing it to be Affordable to Build on. No time frame to build, choose your own builder. Conveniently Located between Townsend & Walland off HWY. 321 and Old West Millers Cove Road. Only 9.5 miles to Townsend Entrance Great Smoky Mountains National Park, 15 miles from Knoxville Airport (TYS) and 25 miles from University of Tennessee Campus. Property has 5G Cellular service and AT&T fiber optic is planned to be installed this fall.

Last Agent to Sell the Property

Mark Russell

Blevins Grp, Realty Executives License #375579 Listed on: 03/29/2024

Blevins Grp, Realty Executives

Co-Listed By

Chris Kilby

Blevins Grp, Realty Executives License #358805

Last Buyer's Agent

Mark Russell

Blevins Grp, Realty Executives License #375579 Listed on: 03/29/2024

Blevins Grp, Realty Executives

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $402

Lot Details

  • 2.52 Acre Lot
  • Property fronts a private road
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Finished Lot(s)
  • Zoning described as Other, Zoned Residential

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • Mountain Views
  • Countryside Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 072 058.00

Community Details

Overview

  • Old Cove Estates Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$402

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Directions: Gated Community. Take Hwy. 321 to Walland. Turn onto Old West Millers Cove Road and continue to the end of drive. Gate will be in front of you.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 2.52
  • Lot Size: IRR
  • Co List Office Phone: 865-999-4663
  • Subdivision Name: Old Cove Estates
  • Topography:Rolling: Yes
  • View:Mountain View: Yes
  • Utilities Available:Cable TV2: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Telephone5: Yes
  • Property Sub-Type:Single Family2: Yes
  • Lot Description:Irregular Lot: Yes
  • Topography:Partially Cleared: Yes
  • Road Frontage:Private3: Yes
  • Road Access:Private Road: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Country Setting, Mountain View
  • Lot Features: Rolling, Irregular Lot
  • Topography: {"Partially Cleared":true}
  • Road Frontage Paved: Yes

Utilities

  • Security: Gated Community

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Yearly

Association/Amenities

  • Community Amenities:Gated Community: Yes

Lot Info

  • Lot Size Sq Ft: 109771.2
  • Parcel #: 072 058.00
  • Zoning Description: Other, Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2025
Sold by
Russell Graham M and Russell Brynlee E
Bought by
Russell Graham M and Russell Brynlee E
Current Estimated Value
$248,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$400,000
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
-$151,062

Purchase Details

Closed on
Jul 16, 2024
Sold by
Frye Ronald Douglas and Frye Teresa D
Bought by
Frye Ronald Douglas and Frye Teresa D

Purchase Details

Listed on
Mar 29, 2024
Closed on
May 1, 2024
Sold by
Carnes Richard Alan and Carnes Mary Yvonne
Bought by
Russell Graham M
Seller's Agent
Mark Russell
Blevins Grp, Realty Executives
Buyer's Agent
Mark Russell
Blevins Grp, Realty Executives
List Price
$154,500
Sold Price
$142,500
Premium/Discount to List
-$12,000
-7.77%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.41%

Purchase Details

Closed on
Dec 2, 2003
Bought by
Carnes Richard Alan and Carnes Mary Yvonne

Purchase Details

Closed on
Dec 4, 1990
Bought by
Lemon Mary Lynn Gillespie
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Russell Graham M -- Essent Title Insurance
Russell Graham M -- Essent Title Insurance
Frye Ronald Douglas -- None Listed On Document
Russell Graham M $285,000 Maryville Title
Russell Graham M $285,000 Maryville Title
Carnes Richard Alan $187,000 --
Lemon Mary Lynn Gillespie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Graham M $400,000
Closed Russell Graham M $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2024 05/01/24 Sold $142,500 -7.8% --
04/05/2024 04/05/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $154,500 -- --
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $402 $25,275 $0 $0
2024 $402 $25,275 $25,275 $0
2023 $402 $25,275 $25,275 $0
2022 $624 $25,275 $25,275 $0
2021 $624 $25,275 $25,275 $0
2020 $396 $25,275 $25,275 $0
2019 $396 $16,025 $16,025 $0
2018 $396 $16,025 $16,025 $0
2017 $396 $16,025 $16,025 $0
2016 $624 $25,275 $25,275 $0
2015 $543 $25,275 $25,275 $0
2014 $993 $25,275 $25,275 $0
2013 $993 $25,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mark Russell

    Blevins Grp, Realty Executives

    (865) 805-4115

    2 in this area

    26 Total Sales

    Mark Russell
    Section Image
  • Chris Kilby

    Seller Co-Listing Agent in 2024

    Chris Kilby

    Blevins Grp, Realty Executives

    (865) 999-4663

    5 in this area

    90 Total Sales

    Chris Kilby
    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1257446

East Tennessee REALTORS® MLS

APN: 072-058.00

Tennessee Blount County Walland 37886

215 Old Cove Rd, Walland, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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