Charming 3 Bedroom Basement Ranch- Discover the perfect blend of comfort and space in this well maintained 3-bedroom 2- bath basement ranch, nestled on 1.4 acres in the country. This single-family home features a spacious main level with a functional layout, plus a finished basement that offers additional living space. Plenty of outdoor space for entertaining with the above ground pool and screened in porch. Also, room for gardening or future additions. Whether you're looking for a move-in ready home or property with room to grow, this one checks all the boxes. Schedule your showing today and come see all the potential this property has to offer! Professional Photos coming soon
Single-familyProperty Type
1984Year Built
1.41 acresLot Size
$171Est. Price/Sq.Ft.
Listed by Cindy Evans• King Real Estate Services, Inc.
Bought with Walker Mock• Realty Executives Associates
Investment opportunity in Luttrell! Country style home with lots of potential. Sitting on over an acre with gorgeous mountain views from the front porch! Well maintained but needs work and kitchen appliances. Newer HVAC/Furnace, Windows, Insulation, and Well Pump. Partially finished walk-out basement with lots of storage. Quiet peaceful setting yet only minutes to Knoxville and Norris Lake. Sheds convey with property. Being sold AS IS - Seller will make no repairs. Priced accordingly.
Knoxville MLS #1316478
Nov 13, 2025
Sold
$279,900
$146/sq ft
Sep 28, 2025
Contingent
—
Sep 24, 2025
Listed
$279,900
$146/sq ft
Charming 3 Bedroom Basement Ranch- Discover the perfect blend of comfort and space in this well maintained 3-bedroom 2- bath basement ranch, nestled on 1.4 acres in the country. This single-family home features a spacious main level with a functional layout, plus a finished basement that offers additional living space. Plenty of outdoor space for entertaining with the above ground pool and screened in porch. Also, room for gardening or future additions. Whether you're looking for a move-in ready home or property with room to grow, this one checks all the boxes. Schedule your showing today and come see all the potential this property has to offer! Professional Photos coming soon
Knoxville MLS #1253327
May 16, 2024
Listing Removed
—
Feb 19, 2024
Listed
$274,900
$143/sq ft
Knoxville MLS #1184130
May 4, 2022
Sold
$195,000
$102/sq ft
Mar 22, 2022
Contingent
—
Mar 17, 2022
Listed
$199,000
$104/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$536
2024
$536 (+4.1%)
2023
$515 (+19.5%)
2022
$431 (+6.9%)
2021
$403
2020
$403
2019
$403
2018
$403 (−1.0%)
2017
$407 (+16.0%)
2016
$351
2015
$351 (+21.0%)
2014
$290
Tax history for 477 Wallace Rd
Year
Property tax
Land + Additions
Assessment*
2025
$536
2024
$536 (+4.1%)
2023
$515 (+19.5%)
2022
$431 (+6.9%)
2021
$403
2020
$403
2019
$403
2018
$403 (−1.0%)
2017
$407 (+16.0%)
2016
$351
2015
$351 (+21.0%)
2014
$290
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
1.41 Acres
Year renovated
1994
Sq. Ft.
960
Year built
1984
Style
Single Family Residential
County
Union County
APN
078 08405 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 24, 2026.
Property details
Parking
Parking Information
Covered Spaces: 0
Parking Total: 0
Interior
Bedroom Information
# of Bedrooms: 3
Bathroom Information
# of Full Baths (Total): 2
Room 1 Information
Room Type: Kitchen
Room 2 Information
Room Type: Other Room
Room Features: Utility Room
Basement Information
Basement Features: Finished
Heating & Cooling
Has Heating
Heating Information: Central, Electric, Heat Pump
Has Cooling
Cooling Information: Central Air, Ceiling Fan(s)
Interior Features
Interior Features: Ceiling Fan(s), Kitchen Island
Appliances: Dishwasher, Range, Refrigerator
Flooring: Carpet, Laminate, Tile
Exterior
Building Information
Construction Materials: Frame, Vinyl Siding
Exterior Features
Patio And Porch Features: Porch, Covered
Pool Information
Has Private Pool
Pool Features: Above Ground
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Other Structures: Storage
Above Grade Finished Area: 960
Above Grade Finished Area Units: Square Feet
Above Grade Finished Area Source: Owner
Below Grade Finished Area: 960
Below Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Owner
Lot Information
Lot Features: Level, Rolling Slope
Lot Size Area: 1.41
Lot Size Units: Acres
Lot Size Acres: 1.41
Lot Size Dimensions: 220 x 295
Lot Size Source: Assessor
Financial
Tax Information
Tax Annual Amount: $536
Utilities
Utility Information
Water Source: Well
Sewer: Septic Tank
Utilities: Electricity Available
Location
School Information
Elementary School: Luttrell Elementary
Middle Or Junior High School: H Maynard Middle School
High School: Union County High School
Location Information
Directions: From Knoxville take Tazewell Pike into Union County. Turn Left onto Wallace Rd. Go approx. 1 mile. Driveway on your left.
Topography: Level,Rolling Slope
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 960
Stories: 1.0
Lot Size: 1.41 acres
Style: Single Family Residential
Year Built: 1984
Year Renovated: 1994
County: Union County
APN: 078 08405 000
Home facts updated by county records on Sep 24, 2026
Other
Green Information
Green Energy Efficient: Windows
Home Information
Living Area: 1920
Living Area Units: Square Feet
Living Area Source: Owner
Building Area Total: 1920
Building Area Units: Square Feet
Building Area Source: Owner
Year Built Details: Existing
Levels: Two
Around this home
Schools
Luttrell Elementary School
Public PreK-5 • Assigned • 2.9mi
5/10
H Maynard Middle School
Public 6-8 • Assigned • 3.6mi
4/10
Union County High School
Public 9-12 • Assigned • 3.2mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 102° expected this year, 19 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Luttrell, TN • 37779
Average low and high temperatures (°F)
44
26
54
33
68
42
76
53
75
57
84
66
87
71
84
66
80
61
73
50
62
42
51
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 4 hours in December, placing it below the
U.S. average for solar exposure.
9.2 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$312,000 – $377,000
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