OFF MARKET

Off Market May 2022 for $250K

$248,734

•

1,279

sq ft

501 Wallace Rd, Luttrell, TN 37779

About this home

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!!!

Single-familyProperty Type

1967Year Built

2.28 acresLot Size

$194Est. Price/Sq.Ft.

Listed by Ralph Howard • Lands End Real Estate & Auctio

•865-673-3007 (broker)

•garryking2@comcast.net (broker)

Bought with Jacquie Litton • Realty Executives Associates

•865-693-3232 (broker)

•katiezanone@realtyexecutives.com (broker)

Redfin checked: a minute ago

•Source:Knoxville MLS #1185531

Redfin Estimate

$248,734

$1,266 since sold in May 2022$6,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 25.5% lower than the average sale price ($334K) of 6 comparable homes.

SOLD JUN 12, 2026
$389,595
A
3 beds2.5 baths2,150 sq ft
540 Monday Rd, Corryton, TN 37721
SOLD JUN 5, 2026
$215,000
B
3 beds2 baths1,348 sq ft
232 Sallings Rd, Luttrell, TN 37779
SOLD APR 30, 2026
$425,000
C
3 beds2 baths1,829 sq ft
295 Clear Branch Rd, Corryton, TN 37721
SOLD AUG 7, 2026
$320,000
D
3 beds2 baths1,280 sq ft
297 Booker Rd, Maynardville, TN 37807
SOLD APR 15, 2026
$360,000
E
3 beds2 baths1,242 sq ft
8200 Tazewell Pike, Corryton, TN 37721
SOLD JUN 10, 2026
$293,500
F
3 beds2 baths1,249 sq ft
226 Acorn Dr, Corryton, TN 37721

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Earn from this home

Rent

$1,294/mo

Redfin rental estimate

List your home for rent

Market trends in 37779, TN

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.0%

+2.8% MoM

Median sale price

$262K

$140K MoM

Avg. days on market

138d

41 days MoM

Recently sold homes

2 MoM

Provided by Redfin

Sale history for 501 Wallace Rd

Date

Event

Price

Knoxville MLS #1185531

May 20, 2022

Sold

$250,000

$195/sq ft

Apr 6, 2022

Contingent

—

Apr 1, 2022

Listed

$219,900

$172/sq ft

Mar 28, 2022

Coming Soon

$219,900

$172/sq ft

Knoxville MLS #1106956

Dec 18, 2020

Sold

$38,000

$30/sq ft

Feb 4, 2020

Contingent

—

Feb 4, 2020

Listed

$39,900

$31/sq ft

+20

Tax history for 501 Wallace Rd

*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

Stories

Lot width

—

Lot depth

—

Lot size

1.6 Acres

Year renovated

1984

Sq. Ft.

1,040

Year built

1976

Style

Single Family Residential

County

Union County

APN

07808400000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 9, 2023.

Property details

Parking

Garage Information
Parking Features: RV Parking, Off-Street Parking

Interior

Bathroom Information
Bathrooms Full: 2
Bathrooms Total Integer: 2

Basement Information
Basement: Crawl Space

Interior Features
Rooms Total: 6
Interior Features: Walk-In Closet(s)
Appliances: Dishwasher, Disposal, Tankless Wtr Htr, Smoke Detector, Refrigerator, Microwave
Flooring: Vinyl, Sustainable

Exterior

Exterior Features
Exterior Features: Windows - Vinyl, Windows - Insulated, Fence - Privacy, Fence - Wood
Other Structures: Barn(s)
Construction Materials: Frame

Property Information
Property Sub Type: Residential
Property Attached YN: No
Living Area Source: Owner
Building Area Total: 1,279

Lot Information
Lot Size Acres: 2.28
Lot Size Square Feet: 99,316.8
Lot Size Source: Tax Records
Lot Features: Wooded, Irregular Lot, Level
View: Country Setting

Financial

Tax Information
County Taxes: $129.46
Total Tax: $129.46

Utilities

Heating & Cooling
Heating YN: Yes
Heating: Central, Heat Pump, Electric
Cooling YN: Yes
Cooling: Central Cooling

Utility Information
Sewer: Septic Tank

Location

Location Information
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.
Unparsed Address: 501 Wallace Rd, Luttrell, TN 37779

Public facts

Beds: —
Baths: 1.0
Sq. Ft.: 1,040
Stories: 1.0
Lot Size: 1.6 acres
Style: Single Family Residential
Year Built: 1976
Year Renovated: 1984
County: Union County
APN: 07808400000

Home facts updated by county records on Apr 9, 2023

Around this home

Schools

Luttrell Elementary School

Public PreK-5 • Assigned • 3.0mi

5/10

H Maynard Middle School

Public 6-8 • Assigned • 3.6mi

4/10

Union County High School

Public 9-12 • Assigned • 3.1mi

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)

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

$237,000 – $287,000

Sell confidently with a local market expert in Luttrell. 3 minutes to get started.

Nearby similar homes

$219,999

3 beds1 bath1,109 sq ft

8259 Corryton Luttrell Rd, Corryton, TN 37721

(865) 548-7676

$350,000

3 beds2 baths1,652 sq ft

139 Oakland Rd, Maynardville, TN 37807

(865) 770-4030

$395,000

3 beds2.5 baths2,112 sq ft

8030 Tree Line Ln, Corryton, TN 37721

(865) 693-3232

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$1,500,000

3 beds3.5 baths3,860 sq ft

127 Ridgeland Ln, Sharps Chapel, TN 37866

(865) 777-9191

$115,000

2 beds1 bath1,032 sq ft

105 Cedar Ave, Luttrell, TN 37779

(865) 693-3232

$449,900

3 beds1 bath2,190 sq ft

148 Clinch View Dr, Corryton, TN 37721

(865) 803-7846

Home values near 501 Wallace Rd

Data from public records.

Address	Redfin Estimate
499 Wallace Rd, Luttrell, TN 3 Beds \| 2 Baths \| 1440 Sq. Ft.	$243,938
477 Wallace Rd, Luttrell, TN 3 Beds \| 2 Baths \| 1920 Sq. Ft.	$301,720

Address	Redfin Estimate
503 Wallace Rd, Luttrell, TN 2 Beds \| 1 Baths \| 560 Sq. Ft.	$107,126
467 Wallace Rd, Luttrell, TN 3 Beds \| 2 Baths \| 1488 Sq. Ft.	$299,121

Address	Redfin Estimate
468 Wallace Rd, Luttrell, TN - Beds \| 1 Baths \| 1206 Sq. Ft.	$148,904
497 Wallace Rd, Luttrell, TN 3 Beds \| 2 Baths \| 1216 Sq. Ft.	$196,958

Property information provided by Knoxville MLS when last listed in 2022. This data may not match . Learn more.

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