NOT LISTED FOR SALE

501 Wallace Rd Luttrell, TN 37779

Plainview Neighborhood

Estimated Value: $233,000 - $296,000

3 Beds
2 Baths
1,279 Sq Ft
$211/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $250,000 $195 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,720/month

Highlights

  • Barn
  • 2.28 Acre Lot
  • A-Frame Home
  • RV Access or Parking
  • Countryside Views
  • Wooded Lot

About This Home

As of May 2022

Great 3 Bed Rooms & 2 Full Bath Rms. Royal Country Setting Nestled in the Mountains of East Tennessee, in Union County w/low taxes. House has been recently totally remodeled 1,279 SF with 2 AC & a large Barn. Most all's been updated in last few months. New Plumbing/Electrical. New Trane Heat/Air Unit. New Bath Rm Fixtures. New Refrigerator, Glass-Top Stove/Range/Oven, Microwave Oven, Dishwasher, 2-Basin Sink w/Disposal & Single Lever Faucet w/Sprayer. New easy-care luxury vinyl plank flooring throughout & NO Thresholds. New Energy Efficient Vinyl Windows. California Knock-Down Texture on ceiling & walls. New Paint throughout. New Trim. New Light fixtures. New Decks, etc. Large Heated/Cooled SunRoom gives home an outdoorsy feeling. Property has privacy fence on a side of the property. PLUS: Oak Barn comes with the house. New Roof! New Siding!! Ceramic tile in Bathrooms. New spacious Tub/Shower in Master BathRoom. Shower only in Main Bath Room. Home has Money-Saving recessed lights throughout. It's so quiet that neighbors say, "they can hear Robin Red Breast singing her songs daily." Call now for an appointment today, cause this cute house is priced to sell quickly!!!

Last Agent to Sell the Property

Ralph Howard

Lands End Real Estate & Auctio Listed on: 03/29/2022

Last Buyer's Agent

Jacquie Litton

Volunteer Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $901

Year Built

  • Built in 1967

Lot Details

  • 2.28 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Irregular Lot
  • Wooded Lot

Home Design

  • A-Frame Home
  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 1,279 Sq Ft Home
  • Vinyl Clad Windows
  • Insulated Windows
  • Combination Dining and Living Room
  • Workshop
  • Sun or Florida Room
  • Vinyl Flooring
  • Countryside Views
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Parking

  • No Garage
  • Off-Street Parking
  • RV Access or Parking

Farming

  • Barn

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Tankless Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property Available on 4/1/22
  • Assessor Parcel Number 078 084.11

Home Details

Home Type

Single Family

Est. Annual Taxes

$901

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Directions: From Knoxville, TN travel 14.25 miles on Tazewell Pike. Turn left onto Wallace Road to travel 1.4 miles to your 'new to you' home on the left. See sign on the property. Thank you. See you soon.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1967
  • Lot Size Acres: 2.28
  • Architectural Style: A-Frame, Traditional
  • Property Attached Yn: No
  • Lot Description:Wooded: Yes
  • Lot Description:Irregular Lot: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1279.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: No
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Heat:Heat Pump3: Yes
  • Outbuildings:Barn: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Tankless Wtr Htr, Smoke Detector, Refrigerator, Microwave
  • Has Basement: Crawl Space, None
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Vinyl
  • ResoLivingAreaSource: Owner
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Fireplace:None15: Yes
  • Other Rooms:Sunroom: Yes
  • Other Rooms:Workshop: Yes
  • Appliances:Tankless Wtr Htr: Yes
  • Basement:None14: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl, Windows - Insulated, Fence - Privacy, Fence - Wood
  • View: Country Setting
  • Lot Features: Wooded
  • Other Structures: Barn(s)
  • Construction:Frame: Yes
  • Exterior Features:Windows - Insulated: Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Exterior Features:Fence - Wood: Yes
  • Exterior Features:Fence - Privacy: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None, RV Parking, Off-Street Parking
  • GarageParking:None18: Yes
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:RV Parking: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 99316.8
  • Parcel #: 078 084.11
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2022-04-01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2015
Sold by
Sweeney Michael W
Bought by
Price Noah W and Price Juanita C
Current Estimated Value
$297,946

Purchase Details

Closed on
Jun 6, 1996
Sold by
Price and Rita
Bought by
Price Juanita C

Purchase Details

Closed on
Apr 30, 1996
Sold by
Price and Rita
Bought by
Alice Sweeney Sarah
Source: Public Records

Range of Values:

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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
Price Noah W $23,634 --
Price Noah W $23,634 --
Price Juanita C -- --
Price Juanita C -- --
Alice Sweeney Sarah -- --
Price -- --
Nancy Clark $25,000 --
Alice Sweeney Sarah -- --
Price -- --
Nancy Clark $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knapp Ross C $245,471
Previous Owner Sweeney Michael W $29,118
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $250,000 +13.7% $195 / Sq Ft
04/01/2022 04/01/22 For Sale $219,900 +478.7% $172 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
12/18/2020 12/18/20 Sold $38,000 -- $35 / 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 $901 $47,425 $8,350 $39,075
2023 $901 $47,425 $8,350 $39,075
2022 $754 $47,425 $8,350 $39,075
2021 $754 $6,050 $5,500 $550
2020 $129 $6,050 $5,500 $550
2019 $0 $5,925 $5,375 $550
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Ralph Howard

    Lands End Real Estate & Auctio

  • J

    Buyer's Agent in 2022

    Jacquie Litton

    Volunteer Realty

  • L

    Buyer's Agent in 2022

    LARRY SNIDER

    CENTURY 21 THE REAL ESTATE CEN

  • J

    Buyer's Agent in 2022

    JOANNE HIERA

    GLORIA SUTTON, REALTORS

  • D

    Buyer's Agent in 2020

    Deborah Baker-Lyons

    Regent Properties

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1185531

East Tennessee REALTORS® MLS

APN: 087078 08411

Tennessee Union County Luttrell 37779 Plainview

501 Wallace Rd, Luttrell, TN

This home is located at 501 Wallace Rd, Luttrell, TN 37779 since 29 March 2022 and is currently estimated at $270,427, approximately $211 per square foot. This property was built in 1967. 501 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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