7122 S Compton Dr Tallassee, TN 37878
Top of the World NeighborhoodEstimated payment $1,022/month
Highlights
- View of Trees or Woods
- Deck
- Private Lot
- 1.27 Acre Lot
- Wood Burning Stove
- Creek On Lot
About This Home
Rustic Mountain Home on 3 Lots - Secluded, Nature-Filled Setting - Sold As-Is - Tucked away in the quiet woods, just off Foothills Parkway in the Top of The World Community, this 2-bedroom, 1-bath, owner-built home sits on three spacious lots and offers a rare opportunity to own a piece of mountain serenity. Spacious 2 car detached garage with a wood burning stove. Also a 1981 motorhome under roof for extra living space. The home is heated with a wood stove in the basement that will heat the entire home. A 200 feet deep private well with a new pump will keep you in plenty of water. The peaceful surroundings make it an ideal project for someone looking to create a private retreat, vacation rental, or investment property. Being sold as-is, this property is ready for your vision. The home needs some TLC, roll up your sleeves and bring new life to a home with huge potential in a truly peaceful mountain setting.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $754
Year Built
- Built in 1992
Lot Details
- 1.27 Acre Lot
- Private Lot
- Irregular Lot
- Lot Has A Rolling Slope
- Wooded Lot
Parking
- 2 Car Detached Garage
Property Views
- Woods
- Countryside Views
- Forest
Home Design
- Traditional Architecture
- Block Foundation
- Frame Construction
Interior Spaces
- 2,400 Sq Ft Home
- Ceiling Fan
- Wood Burning Stove
- Aluminum Window Frames
- Family Room
- Combination Kitchen and Dining Room
- Screened Porch
- Storage Room
- Carpet
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Crawl Space
Home Security
- Storm Doors
- Fire and Smoke Detector
Outdoor Features
- Creek On Lot
- Deck
- Outdoor Storage
- Storage Shed
Schools
- Walland Elementary School
- Heritage Middle School
- Heritage High School
Utilities
- No Cooling
- Space Heater
- Heating System Uses Propane
- Private Water Source
- Well
- Septic Tank
Community Details
- Property has a Home Owners Association
- Voluntary home owners association
- Top Of The World Lookmont Subdivision
Listing and Financial Details
- Assessor Parcel Number 114L E 005.00
Map
Home Values in the Area
Average Home Value in this Area
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 | $676 | $42,525 | $3,000 | $39,525 |
| 2023 | $629 | $42,525 | $3,000 | $39,525 |
| 2022 | $629 | $25,450 | $1,000 | $24,450 |
| 2021 | $609 | $25,450 | $1,000 | $24,450 |
| 2020 | $609 | $25,450 | $1,000 | $24,450 |
| 2019 | $609 | $25,450 | $1,000 | $24,450 |
| 2018 | $609 | $24,675 | $1,000 | $23,675 |
| 2017 | $609 | $24,675 | $1,000 | $23,675 |
| 2016 | $609 | $24,675 | $1,000 | $23,675 |
| 2015 | $531 | $24,675 | $1,000 | $23,675 |
| 2014 | $535 | $24,675 | $1,000 | $23,675 |
| 2013 | $535 | $24,875 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | Price Changed | $180,000 | -9.5% | $75 / Sq Ft |
| 08/07/2025 08/07/25 | For Sale | $199,000 | -- | $83 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Independence Title | |
| Warranty Deed | $1,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $31,000 | No Value Available | |
| Previous Owner | $22,526 | No Value Available |
Source: East Tennessee REALTORS® MLS
MLS Number: 1311214
APN: 114L-E-005.00
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.
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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