NOT LISTED FOR SALE

497 Wallace Rd Luttrell, TN 37779

Plainview Neighborhood

Estimated Value: $173,000

3 Beds
2 Baths
1,216 Sq Ft
$142/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $150,000 $123 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,077/month

34 Days on Market

Highlights

  • RV Access or Parking
  • Mountain View
  • Main Floor Primary Bedroom
  • 2.1 Acre Lot
  • Deck
  • No HOA

About This Home

As of July 2023

Come take a look at this nice 2005 1216 sq ft 3br 2ba mobile home on over 2 acres of unrestricted land. Property has been recently surveyed. Enjoy country living and low taxes within a few miles of the Knox County line. The property is cleared and there is plenty of room for another home. Great opportunity to own a home and acreage. This home is conveniently located within a short drive to Knoxville or Maynardville for all your shopping needs. Norris lake is about 15 minutes away and the Great Smoky mountains, Pigeon Forge, Gatlinburg, and Dollywood are 45 minutes away. Come scoop this little gem up before it's gone.

Last Agent to Sell the Property

Derrick Merritt

The Real Estate Firm, Inc. License #305127 Listed on: 05/20/2023

Last Buyer's Agent

Derrick Merritt

First Team Realty, Inc.

Property Details

Home Type

  • Modular Prefabricated Home

Year Built

  • Built in 2005

Lot Details

  • 2.1 Acre Lot
  • Level Lot
  • Irregular Lot

Property Views

  • Mountain Views
  • Countryside Views

Home Design

  • Single Family Detached Home
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,216 Sq Ft Home
  • Combination Dining and Living Room
  • Den
  • Storage Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Available
  • Side or Rear Entrance to Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage
  • Storage Shed

Mobile Home

  • Modular Prefabricated Home

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 078 084.12

Property Details

Home Type

Modular Prefabricated Home

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Directions: Hwy. 33 to Hwy. 144 (Ailor Gap) go 3.5 miles to left on Hwy. 370 then 1 mile to right on Wallace Rd. Home is 0.3 of a mile on right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2005
  • Lot Size Acres: 2.1
  • Architectural Style: Single Wide, Modular Home
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • View:Mountain View: Yes
  • Lot Description:Irregular Lot: Yes
  • Contract Info:List PriceSqFt2: 147.94
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1216.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Water:Public: Yes
  • Outbuildings:Storage Shed: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Heat:Heat Pump3: Yes
  • Siding:Aluminum Siding: Yes
  • Style:Modular Home: Yes
  • Style:Single Wide: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Has Basement: None
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Carpet, Vinyl
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Fireplace:None15: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Other Rooms:DenStudy: Yes
  • Basement:None14: Yes

Exterior Features

  • Exterior Features: Porch - Covered, Porch - Enclosed, Deck
  • View: Mountain View, Country Setting
  • Lot Features: Irregular Lot, Level, Rolling Slope
  • Construction Type: Aluminum Siding, Frame
  • Other Structures: Storage
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Porch - Enclosed: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Parking, Side/Rear Entry, Main Level
  • GarageParking:SideRear Entry: Yes
  • GarageParking:Main Level: Yes
  • GarageParking:RV Parking: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Sq Ft: 91476.0
  • Parcel #: 078 084.12
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2023
Closed on
Jul 17, 2023
Sold by
Clark Charles H
Bought by
Yates Kevin W and Yates Marsha R
Seller's Agent
Derrick Merritt
The Real Estate Firm, Inc.
Buyer's Agent
Derrick Merritt
First Team Realty, Inc.
List Price
$179,900
Sold Price
$150,000
Premium/Discount to List
-$29,900
-16.62%
Views
147
Current Estimated Value
$173,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,000
Original Mortgage
$120,000
Outstanding Balance
$117,137
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2007
Sold by
Clark Charles H
Bought by
Bailey Charles A

Purchase Details

Closed on
Apr 4, 2002
Sold by
Charles Clark
Bought by
Bobby Barnes

Purchase Details

Closed on
May 14, 1992
Bought by
Clark Charles H

Purchase Details

Closed on
Jul 31, 1979
Bought by
Clark Charles H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Yates Kevin W $150,000 Cardinal Title
Bailey Charles A $5,000 --
Bailey Charles A $5,000 --
Bobby Barnes $6,000 --
Bobby Barnes $6,000 --
Clark Charles H -- --
Clark Charles H -- --
Clark Charles H -- --
Clark Charles H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yates Kevin W $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2023 07/17/23 Sold $150,000 -16.6% $123 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
05/20/2023 05/20/23 For Sale $179,900 -- $148 / 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
2023 $0 $2,225 $2,225 $0
2022 $933 $58,675 $11,775 $46,900
2021 $917 $42,850 $9,325 $33,525
2020 $917 $42,850 $9,325 $33,525
2019 $917 $42,850 $9,325 $33,525
2018 $917 $42,850 $9,325 $33,525
2017 $929 $43,425 $9,325 $34,100
2016 $962 $44,325 $10,675 $33,650
2015 $962 $44,325 $10,675 $33,650
2014 $793 $44,319 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Derrick Merritt

    The Real Estate Firm, Inc.

    (865) 770-4030

    4 in this area

    50 Total Sales

    Derrick Merritt
    Section Image

  • I

    Buyer's Agent in 2023

    Ian O'Shea

    Berkshire Hathaway HomeServices Realty Center

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1227709

East Tennessee REALTORS® MLS

APN: 078-084.02

Tennessee Union County Luttrell 37779 Plainview

497 Wallace Rd, Luttrell, TN

Not Listed for Sale

Mobile Manufactured

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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