$930,000
SOLD MAY 15, 2026

627 E Copeland Dr Powell, TN 37849

-- Bed
-- Bath
9,572 Sq Ft
7.94 Acre Lot

Sale Details

Date Sold: May 15, 2026

$97 Per Sq Ft

22% Below List Price

59 Days on Market

Highlights

  • 7.94 Acre Lot
  • Sun or Florida Room
  • Separate Outdoor Workshop
  • Main Floor Bedroom
  • Covered Patio or Porch
  • 7 Car Detached Garage

About This Home

As of May 2026

Established multifamily investment opportunity in Powell, just minutes from restaurants, shopping, and convenient interstate access. Situated on approximately 8 acres, this property offers significant potential and a diverse mix of income-producing structures. The main residence features approximately 3,300 square feet with 4 bedrooms and 2 bathrooms. Adjacent to the main home is a standalone apartment offering 2 bedrooms and 1 bathroom. The property also includes five occupied single-wide mobile homes, thoughtfully positioned to provide a spacious, uncrowded setting. A detached five-bay garage/workshop adds valuable flexibility for equipment storage, maintenance, or hobby use. It even includes a car lift. A unique opportunity with multiple possibilities—schedule your showing and explore the potential this property has to offer. This property is being sold as a whole with the combined 5 tracts. It is being sold AS-IS. Buyers are to independently verify all information. Sellers and Seller's agent make no guarantees, expressed, written, or implied. The effective age of the house is 37 years old according to tax records when an extensive remodel was done. The actual age of the original structure could not be located. All residences are serviced by septic systems. Sewer is not available nearby. This sale includes the following Parcel ID's: 037 057, 037 05706, 037 05703, 037 050, 037 05708 The tax amount listed in this listing are the best estimate for the parcels included. Utility Estimate is unavailable.

Last Agent to Sell the Property

John Huskey

King Real Estate Services,Inc License #244482 Listed on: 12/18/2025

Co-Listed By

Jacob Bailey

King Real Estate Services,Inc License #361734

Last Buyer's Agent

Crystal Akers

Wallace License #376201

Wallace

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,084

Year Built

  • Built in 1988

Lot Details

  • 7.94 Acre Lot

Parking

  • 7 Car Detached Garage
  • Carport
  • Shared Driveway

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Aluminum Roof
  • Asphalt Roof
  • Metal Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Main Floor Bedroom
  • 9,572 Sq Ft Home
  • Insulated Windows
  • Aluminum Window Frames
  • Sun or Florida Room
  • Storage
  • Washer and Dryer Hookup
  • Utility Room
  • Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Heat Pump System

Community Details

  • 7 Units
  • Vaughn Subdivision

Listing and Financial Details

  • Tenant pays for telephone, electricity
  • The owner pays for lawn maintenance, common area maintenance, taxes, advertising, exterior maintenance, HVAC maintenance
  • Assessor Parcel Number 037 057

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,084

Year Built

Built in 1988

Lot Details

7.94 Acres

Parking

7

Listing Details

  • Directions: I-75 N, Exit at Emory Rd. Turn Right, Take your first Left onto Conner rd. Turn Right at the stop sign and the property is on the Left.
  • Prop. Type: Residential Income
  • Year Built: 1988
  • Lot Size Acres: 7.94
  • Lot Size: 339x385xIRR
  • Co List Office Phone: 865-560-9401
  • Subdivision Name: Vaughn
  • Contract Info:List PriceSqFt2: 125.36
  • General Property Description:Driveway: Shared
  • Construction:Construction: Block, Frame
  • Fuel:Fuel: Electric
  • Misc Features:Misc Features: Washer/Dryer Connect, Other
  • Other Rooms:Other Rooms: Bedroom Main Level, Sunroom, Mstr Bdrm Main Level
  • Property Sub-Type:Property Sub-Type: Other
  • Miscellaneous: Security System, Storage Space, Utility Room
  • Type of Units: 2 Bedroom Unit, 3 or more Bdrm Units
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Other
  • Owner Pays: Lawn Maintenance, Common Area Maintenance, Taxes, Advertising, Exterior Maintenance, HVAC Maintenance
  • Flooring: Carpet, Laminate, Vinyl
  • Window Features: Aluminum Frames, Insulated Windows, Storm Window(s)

Exterior Features

  • Exterior Features: Detached Workshop
  • Construction Type: Block, Frame, Aluminum Siding, Vinyl Siding
  • Patio And Porch Features: Porch - Covered
  • Roof: Aluminum, Asphalt, Metal, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 7.0
  • Parking Features: Carport, Detached
  • GarageParking:GarageParking: Carport, Detached

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Other, Electric
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 345866.0
  • Parcel #: 037 057

Rental Info

  • Tenant Pays: Telephone, Electricity

Multi Family

  • Number Of Units Total: 7

Tax Info

  • Tax Annual Amount: 2084.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2025
Closed on
May 15, 2026
Sold by
Bought by
Seller's Agent
John Huskey
King Real Estate Services,Inc
Buyer's Agent
Crystal Akers
Wallace
List Price
$1,200,000
Sold Price
$930,000
Premium/Discount to List
-$270,000
-22.5%
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
678.96%
Original Mortgage
$744,000
Outstanding Balance
$741,391
Interest Rate
5.77%
Mortgage Type
New Conventional
Estimated Equity
$448,384

Purchase Details

Closed on
Feb 13, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $930,000 Admiral Title
Deed $1,400 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $744,000 New Conventional
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/15/2026 05/15/26 Sold $930,000 -22.5% $97 / Sq Ft
02/15/2026 02/15/26 Pending -- -- --
12/18/2025 12/18/25 For Sale $1,200,000 -- $125 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,476 $94,950 $0 $0
2024 $1,401 $90,175 $0 $0
2023 $1,401 $90,175 $0 $0
2022 $1,387 $89,250 $0 $0
2021 $1,447 $68,250 $0 $0
2020 $1,447 $68,250 $0 $0
2019 $1,447 $68,250 $0 $0
2018 $1,447 $68,250 $0 $0
2017 $1,447 $68,250 $0 $0
2016 $1,566 $0 $0 $0
2015 $1,566 $0 $0 $0
2014 $1,566 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1324509

East Tennessee REALTORS® MLS

APN: 037-057

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