NOT LISTED FOR SALE

477 Wallace Rd Luttrell, TN 37779

Plainview Neighborhood

Estimated Value: $202,000 - $286,000

3 Beds
2 Baths
1,765 Sq Ft
$133/Sq Ft Est. Value

Last Sold May 04, 2022

Last sale price $195,000 $110 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,440/month

3 Days on Market

Highlights

  • 1.07 Acre Lot
  • Deck
  • Screened Porch
  • Countryside Views
  • Traditional Architecture
  • Separate Outdoor Workshop

About This Home

As of May 2022

Investment opportunity in Luttrell! Country style home with lots of potential. Sitting on over an acre with gorgeous mountain views from the front porch! Well maintained but needs work and kitchen appliances. Newer HVAC/Furnace, Windows, Insulation, and Well Pump. Partially finished walk-out basement with lots of storage. Quiet peaceful setting yet only minutes to Knoxville and Norris Lake. Sheds convey with property. Being sold AS IS - Seller will make no repairs. Priced accordingly.

Last Agent to Sell the Property

Kat Savelli

Realty Executives Associates License #348427 Listed on: 03/17/2022

Realty Executives Associates

Last Buyer's Agent

Cindy Evans

Wallace

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $536

Year Built

  • Built in 1984

Lot Details

  • 1.07

Parking

  • Side or Rear Entrance to Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,765 Sq Ft Home
  • Insulated Windows
  • Screened Porch
  • Countryside Views
  • Fire and Smoke Detector
  • Dishwasher
  • Partially Finished Basement

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Schools

  • Maynardville Middle School
  • Union County High School

Additional Features

  • 1.07 Acre Lot
  • Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 078 084.05

Home Details

Home Type

Single Family

Est. Annual Taxes

$536

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Directions: Take I-640 E and exit at Broadway, follow signs toward Tazewell Pike on the right. Watch for Wallace Rd on your right, follow Wallace Rd to your destination on the right. SOP.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1984
  • Lot Size Acres: 1.07
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Smoke Detector
  • Has Basement: Partially Finished
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Laminate, Vinyl
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Windows - Insulated, Porch - Covered, Porch - Screened, Deck
  • View: Country Setting
  • Other Structures: Workshop

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other, Side/Rear Entry

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Schools

  • High School: Union County
  • Middle Or Junior School: Maynardville

Lot Info

  • Lot Size Sq Ft: 46609.0
  • Parcel #: 078 084.05
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2023
Sold by
Clark Charles H
Bought by
Liford Michael and Liford Brittany
Current Estimated Value
$252,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,918
Interest Rate
6.71%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 17, 2022
Closed on
May 4, 2022
Sold by
Tarter Lillus Marie
Bought by
Liford Michael and Liford Brittany
Seller's Agent
Kat Savelli
Realty Executives Associates
Buyer's Agent
Cindy Evans
Wallace
List Price
$199,000
Sold Price
$195,000
Premium/Discount to List
-$4,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%
Original Mortgage
$152,625
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2019
Sold by
Bailey Gracie
Bought by
Tarter Lillus Marie and Rose Brenda Inez

Purchase Details

Closed on
Oct 11, 2007
Sold by
Carmon Bailey Tonya B
Bought by
Peill Bailey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 1993
Bought by
Carmon Tonya B

Purchase Details

Closed on
Oct 2, 1984
Bought by
Carmon Kenneth R

Purchase Details

Closed on
Jan 1, 1984
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
Liford Michael -- Cardinal Title
Liford Michael $195,000 --
Tarter Lillus Marie -- None Available
Tarter Lillus Marie -- None Available
Peill Bailey $75,000 --
Peill Bailey $75,000 --
Carmon Tonya B -- --
Carmon Tonya B -- --
Carmon Kenneth R -- --
Carmon Kenneth R -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liford Michael $192,918
Previous Owner Liford Michael $152,625
Previous Owner Bailey Peill $45,000
Previous Owner Bailey Peill $10,000
Previous Owner Carmon Tonya B $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold $195,000 -2.0% $110 / Sq Ft
03/17/2022 03/17/22 For Sale $199,000 -- $113 / Sq Ft
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
2024 $536 $28,200 $5,600 $22,600
2023 $536 $27,100 $4,500 $22,600
2022 $431 $27,100 $4,500 $22,600
2021 $403 $18,825 $3,550 $15,275
2020 $403 $18,825 $3,550 $15,275
2019 $403 $18,825 $3,550 $15,275
2018 $403 $18,825 $3,550 $15,275
2017 $407 $19,000 $3,550 $15,450
2016 $351 $16,175 $3,575 $12,600
2015 $351 $16,175 $3,575 $12,600
2014 $290 $16,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kat Savelli

    Realty Executives Associates

    (865) 307-0266

    1 in this area

    46 Total Sales

    Section Image

  • C

    Buyer's Agent in 2022

    Cindy Evans

    Wallace

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1184130

East Tennessee REALTORS® MLS

APN: 078-084.05

Tennessee Union County Luttrell 37779 Plainview

477 Wallace Rd, Luttrell, TN

This home is located at 477 Wallace Rd, Luttrell, TN 37779 since 17 March 2022 and is currently estimated at $235,494, approximately $133 per square foot. This property was built in 1984. 477 Wallace Rd is a home located in Union County with nearby schools including Luttrell Elementary School, Union County High School, and H Maynard Middle School.

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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