NOT LISTED FOR SALE

510 Gray Rd Rutledge, TN 37861

Estimated Value: $223,023 - $252,000

3 Beds
2 Baths
1,116 Sq Ft
$214/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $180,000 $161 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,336/month

15 Days on Market

Highlights

  • Countryside Views
  • Cottage
  • Walk-In Closet
  • No HOA
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of March 2023

Meander down the country road and enjoy the distant lake and mountain views along the way to this well maintained cottage. This updated 3 bedroom/2 bath home has freshly painted neutral interior and an inviting covered porch perfect for taking a break and enjoying the peaceful surrounding views. The home is located only one mile to the county park with public lake access, walk trails, and picnic pavilion. Will make a great permanent residence, vacation home , or STR. Schedule your appointment today. Selling as-is.

Last Agent to Sell the Property

Laura Stoddard

United Real Estate Solutions License #287889 Listed on: 01/14/2023

United Real Estate Solutions

Last Buyer's Agent

LORI CAUGHORN

Crye-Leike Lakeway Real Estate License #296789

Crye-Leike Lakeway Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $501

Year Built

  • Built in 1998

Lot Details

  • 0.56 Acre Lot
  • Irregular Lot

Parking

  • Off-Street Parking

Home Design

  • Cottage
  • Frame Construction
  • Cement Siding

Interior Spaces

  • 1,116 Sq Ft Home
  • Vinyl Clad Windows
  • Combination Dining and Living Room
  • Storage
  • Countryside Views
  • Crawl Space
  • Fire and Smoke Detector

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Storage Shed

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 075 059.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$501

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Directions: From Knoxville: W on 11E. Turn left onto W Old A J Hwy (TN-92). Go for 1.0 mi. Turn left onto N Highway 92 (TN-92). Go for 5.2 mi. Turn right onto Lakeshore Dr (TN-375). Go for 3.6 mi. Turn left onto Gray Rd. Go for 1.1 mi. Property on the Left.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1998
  • Lot Size Acres: 0.56
  • Subdivision Name: N/A
  • Architectural Style: Cottage
  • Property Attached Yn: No
  • General Property Description:Lot Size SqFt: 20909.0
  • Lot Description:Irregular Lot: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1116.0
  • 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:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Outbuildings:Storage Shed: Yes
  • Floors:Laminate: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Siding:Cement: Yes
  • Special Features: None

Interior Features

  • Appliances: Smoke Detector
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Laminate, Vinyl
  • Basement:Crawl Space: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:LaundryUtility: Yes
  • Fireplace:None15: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl, Porch - Covered
  • View: Country Setting
  • Lot Features: Irregular Lot
  • Construction Type: Cement Siding, Frame
  • Other Structures: Storage
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Vinyl: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking
  • GarageParking:Off-Street Parking: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 20909.0
  • Parcel #: 075 059.01
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2025
Sold by
Kitts Kenyon L
Bought by
Kitts Dylan Mykel and Henrichs Riley Rebecca
Current Estimated Value
$239,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,020
Outstanding Balance
$201,496
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$37,760

Purchase Details

Listed on
Jan 14, 2023
Closed on
Mar 3, 2023
Sold by
Cherwak Brenda
Bought by
Kitts Kenyon L
Seller's Agent
Laura Stoddard
United Real Estate Solutions
Buyer's Agent
LORI CAUGHORN
Crye-Leike Lakeway Real Estate
List Price
$180,000
Sold Price
$180,000
Views
115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.96%
Original Mortgage
$181,818
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2017
Sold by
Noe Herbert
Bought by
Cherwak Brenda

Purchase Details

Closed on
Jul 10, 2010
Sold by
Jones Darryl
Bought by
Noe Herbert B

Purchase Details

Closed on
Jun 25, 2010
Sold by
Morgan Jonathan Andrew
Bought by
Jones Darryl

Purchase Details

Closed on
Jun 25, 2008
Sold by
Nationstar Mtg Llc
Bought by
Morgan Jonathan Adnrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,379
Interest Rate
6.48%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 7, 2008
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jan 23, 1987
Bought by
Cardona Marianne

Purchase Details

Closed on
Aug 11, 1984
Bought by
Proffitt Randy
Source: Public Records

Range of Values:

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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
Kitts Dylan Mykel $200,000 7 Title
Kitts Dylan Mykel $200,000 7 Title
Kitts Kenyon L $180,000 7 Title
Cherwak Brenda -- None Available
Noe Herbert B $80,000 --
Jones Darryl $70,807 --
Morgan Jonathan Adnrew $72,500 --
Nationstar Mortgage Llc $61,500 --
Cardona Marianne $20,000 --
Proffitt Randy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kitts Dylan Mykel $202,020
Closed Kitts Dylan Mykel $202,020
Previous Owner Kitts Kenyon L $181,818
Previous Owner Proffitt Randy $71,379
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $180,000 0.0% $161 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/14/2023 01/14/23 For Sale $180,000 -- $161 / 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 $501 $21,300 $1,400 $19,900
2023 $501 $21,300 $1,400 $19,900
2022 $489 $21,300 $1,400 $19,900
2021 $489 $21,300 $1,400 $19,900
2020 $517 $21,300 $1,400 $19,900
2019 $517 $18,450 $1,250 $17,200
2018 $446 $18,450 $1,250 $17,200
2017 $446 $18,450 $1,250 $17,200
2016 $446 $18,450 $1,250 $17,200
2015 $494 $18,450 $1,250 $17,200
2014 $494 $19,778 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1215471

East Tennessee REALTORS® MLS

APN: 075-059.01