428 Morgan Rd Rutledge, TN 37861
4
Beds
3
Baths
4,489
Sq Ft
30.01
Acres
Highlights
- Horse Property
- Wood Burning Stove
- Log Cabin
- 30.01 Acre Lot
- No HOA
- Fire Pit
About This Home
As of July 2025SELLER IS WILLING TO CONTRIBUTE $10,000 TOWARDS BUYERS CLOSING COST OR PREPAIDS WITH AN ACCEPTABLE OFFER!!!!
Welcome to 428 Morgan Rd, Rutledge-a rare opportunity to own a stunning East Tennessee estate offering the quintessential country living experience. Nestled on 30 pristine acres in the heart of Grainger County, this property is perfectly positioned to capture breathtaking mountain views and the tranquil beauty that draws so many to this region. Whether you're relocating from out of state or seeking a peaceful retreat, this move-in ready home delivers privacy, space, and the lifestyle you've been searching for.
The centerpiece of this estate is a spacious, well-planned log home featuring an open floor plan and over 4,400 square feet of living space. The main level boasts a large video room with a private full bath-ideal for use as a master suite-while three generously sized bedrooms and full baths are located upstairs. An possible bedroom or a large storage room on the third level offer flexibility for a bonus room, office, or guest quarters. Hardwood floors, a cozy fireplace, and abundant natural light create a warm, inviting atmosphere throughout the home.
Designed for both relaxation and entertaining, the property includes a covered porch and a screened-in area beneath the deck, perfect for enjoying quiet mornings or gathering with friends against a backdrop of rolling hills and mountain vistas. The acreage provide ample space for pets, livestock, or gardening, while the absence of HOA restrictions ensures you enjoy true freedom and flexibility. RV and boat parking is available, catering to outdoor enthusiasts and travelers alike.
For those seeking utility and versatility, 428 Morgan Rd delivers with a detached two-car garage featuring a 672 sq.ft. apartment above-ideal for guests, rental income, or multi-generational living. Multiple outbuildings include two livestock barns, a woodshed, three equipment sheds, a greenhouse, and additional storage buildings, making this property a dream for hobby farmers, craftsmen, or anyone needing a workshop or extra space for projects. The new 3 car metal garage features an 11,000 pound vehicle lift as well as a 3 space covered carport.
Located just minutes from Cherokee Lake's recreational playground and within easy reach of Panther Creek State Park, this estate offers the best of East Tennessee's outdoor lifestyle. Enjoy world-class fishing, boating, and hiking, all while being only 45 minutes from Knoxville's urban amenities and close to Rutledge's small-town charm and Jefferson City's historic district. With its large lot, updated features, and move-in ready condition, 428 Morgan Rd is a standout property-ready to welcome you home to the peaceful, spacious, and flexible living you deserve
Last Agent to Sell the Property
Jackson Real Estate & Auction License #369554 Listed on: 05/02/2025
Last Buyer's Agent
Non Member
Non Member - Sales
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,747
Year Built
- Built in 1985
Lot Details
- 30.01 Acre Lot
- Garden
Parking
- 5 Car Garage
Home Design
- Log Cabin
- Concrete Foundation
Interior Spaces
- 2-Story Property
- Wood Burning Stove
- Great Room with Fireplace
- 220 Volts In Laundry
Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Finished Basement
- Walk-Out Basement
- Interior and Exterior Basement Entry
Outdoor Features
- Horse Property
- Fire Pit
- Outdoor Storage
Additional Homes
- 600 SF Accessory Dwelling Unit
- Accessory Dwelling Unit (ADU)
Utilities
- Central Heating and Cooling System
- Water Softener
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 080 009.01
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2025
Closed on
Jul 1, 2025
Sold by
Dummer Jesse and Dummer Aren
Bought by
Roberts Shanon and Roberts Johnny
Seller's Agent
Benson Bryant
Jackson Real Estate & Auction
Buyer's Agent
Non Member
Non Member - Sales
List Price
$849,900
Sold Price
$828,000
Premium/Discount to List
-$21,900
-2.58%
Views
57
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-62.48%
Original Mortgage
$678,000
Outstanding Balance
$678,000
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$87,553
Purchase Details
Listed on
Feb 2, 2019
Closed on
Apr 5, 2019
Sold by
Areheart Bradley A and Areheart Robyn
Bought by
Dummer Jesse and Dummer Aren
Seller's Agent
Ronald Hulsey
ReMax Preferred Properties, In
Buyer's Agent
Ronald Hulsey
ReMax Preferred Properties, In
Sold Price
$354,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.56%
Purchase Details
Listed on
Dec 26, 2013
Closed on
Mar 21, 2014
Sold by
Deyoung Clifford
Bought by
Areheart Bradley A and Areheart Robyn K
Seller's Agent
David Wyrick
Single Tree Realty
Buyer's Agent
Leanna Farrington
ReMax Preferred Properties, In
Sold Price
$370,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.87%
Original Mortgage
$351,500
Interest Rate
4.36%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 30, 2003
Bought by
Deyoung Clifford and Deyoung Nancy
Purchase Details
Closed on
Feb 23, 2002
Sold by
Hammond David J
Bought by
Bartlett Mendy L
Purchase Details
Closed on
Jan 30, 1991
Bought by
Dafferner Alan and Dafferner Susan
Purchase Details
Closed on
Nov 1, 1987
Bought by
Mooney Francis T
Purchase Details
Closed on
Apr 25, 1985
Bought by
Mooney Francis T
Similar Homes in Rutledge, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $828,000 | Knoxville Title | |
| Warranty Deed | $828,000 | Knoxville Title | |
| Warranty Deed | $354,000 | Title Group Of Tennessee | |
| Warranty Deed | $370,000 | -- | |
| Warranty Deed | $235,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $678,000 | New Conventional | |
| Closed | $678,000 | New Conventional | |
| Previous Owner | $351,500 | New Conventional | |
| Previous Owner | $250,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | Sold | $828,000 | 0.0% | $184 / Sq Ft |
| 06/06/2025 06/06/25 | Pending | -- | -- | -- |
| 06/02/2025 06/02/25 | Price Changed | $827,900 | -0.2% | $184 / Sq Ft |
| 05/19/2025 05/19/25 | Price Changed | $829,900 | -2.4% | $185 / Sq Ft |
| 05/02/2025 05/02/25 | For Sale | $849,900 | +140.1% | $189 / Sq Ft |
| 04/05/2019 04/05/19 | Sold | $354,000 | -4.3% | $82 / Sq Ft |
| 03/21/2014 03/21/14 | Sold | $370,000 | -- | $88 / Sq Ft |
Source: Lakeway Area Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $1,747 | $74,350 | $8,400 | $65,950 |
| 2023 | $1,747 | $74,350 | $8,400 | $65,950 |
| 2022 | $1,708 | $74,350 | $8,400 | $65,950 |
| 2021 | $1,708 | $74,350 | $8,400 | $65,950 |
| 2020 | $1,792 | $74,350 | $8,400 | $65,950 |
| 2019 | $1,792 | $64,000 | $7,325 | $56,675 |
| 2018 | $1,549 | $64,000 | $7,325 | $56,675 |
| 2017 | $1,549 | $64,000 | $7,325 | $56,675 |
| 2016 | $1,549 | $64,000 | $7,325 | $56,675 |
| 2015 | $1,556 | $64,000 | $7,325 | $56,675 |
| 2014 | $1,556 | $62,235 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2025
Benson Bryant
Jackson Real Estate & Auction
(865) 940-1303
12 Total Sales
-
N
Buyer's Agent in 2025
Non Member
Non Member - Sales
-
R
Seller's Agent in 2019
Ronald Hulsey
RE/MAX
-
D
Seller's Agent in 2014
David Wyrick
Single Tree Realty
(865) 712-1727
109 Total Sales
-
L
Buyer's Agent in 2014
Leanna Farrington
RE/MAX
Map
Source: Lakeway Area Association of REALTORS®
MLS Number: 707416
APN: 080-009.01
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