Charming Basement Rancher on 1 Acre - Endless Possibilities! Discover your serene escape in this inviting 2-bedroom, 1.5-bath basement rancher with a versatile third room that can easily serve as a third bedroom or flex room. Nestled on a spacious, flat 1-acre lot, this home offers a peaceful country setting without the constraints of a neighborhood or HOA. Enjoy the convenience of a walkout basement that opens to your fully fenced backyard, perfect for pets, gardening, or outdoor entertaining. This property features a 1-car garage, a 2-car carport, and an enclosed shed for all your storage needs. With plenty of room to grow and explore, it presents endless possibilities for customization and expansion. Additional highlights include a cozy living area, ample natural light, and proximity to local amenities while still enjoying the tranquility of rural living. Don't miss out on the chance to own a slice of country living! Schedule your showing today!
Charming Basement Rancher on 1 Acre - Endless Possibilities! Discover your serene escape in this inviting 2-bedroom, 1.5-bath basement rancher with a versatile third room that can easily serve as a third bedroom or flex room. Nestled on a spacious, flat 1-acre lot, this home offers a peaceful country setting without the constraints of a neighborhood or HOA. Enjoy the convenience of a walkout basement that opens to your fully fenced backyard, perfect for pets, gardening, or outdoor entertaining. This property features a 1-car garage, a 2-car carport, and an enclosed shed for all your storage needs. With plenty of room to grow and explore, it presents endless possibilities for customization and expansion. Additional highlights include a cozy living area, ample natural light, and proximity to local amenities while still enjoying the tranquility of rural living. Don't miss out on the chance to own a slice of country living! Schedule your showing today!
Knoxville MLS #1111041
Apr 20, 2020
Sold
$178,900
$108/sq ft
Mar 25, 2020
Contingent
—
Mar 23, 2020
Listed
$178,900
$108/sq ft
+18
Country living on just over 1 level acre! Home has great exterior features to enjoy with a huge screened in porch and private covered back patio area. This home boasts a large eat in kitchen with all appliances, spacious master bedroom with walk in closet plus bay window with window seat, oversized hall bath with double sinks and vanity space, custom wood staircase to basement family/bonus room with wood burning fireplace, basement office with closet could be used as a 3rd bedroom (windows are small and may not have adequate egress), 1/2 bath and one car garage. This is not a drive by, make an appointment to see the great features this home offers.
Knoxville MLS #708759
May 25, 2010
Sold
$147,000
$89/sq ft
Apr 7, 2010
Listed
$159,900
$97/sq ft
Knoxville MLS #534367
Feb 22, 2007
Sold
$132,000
$80/sq ft
Jan 16, 2007
Listed
$139,900
$84/sq ft
Knoxville MLS #330060
Aug 27, 2003
Sold
$98,500
$59/sq ft
Jul 18, 2003
Listed
$99,900
$60/sq ft
Public Records
Jan 5, 1999
Sold
$77,199
$47/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$903 (+36.6%)
2024
$661
2023
$661
2022
$661
2021
$661
2020
$661 (+4.1%)
2019
$635 (+3.6%)
2018
$613
2017
$613
2016
$613
2015
$613 (−3.8%)
2013
$637
Tax history for 488 Raccoon Valley Rd
Year
Property tax
Land + Additions
Assessment*
2025
$903 (+36.6%)
2024
$661
2023
$661
2022
$661
2021
$661
2020
$661 (+4.1%)
2019
$635 (+3.6%)
2018
$613
2017
$613
2016
$613
2015
$613 (−3.8%)
2013
$637
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
1.1 Acres
Year renovated
1997
Sq. Ft.
1,084
Year built
1972
Style
Single Family Residential
County
Anderson County
APN
090 02701 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2026.
R-1-S
Residential District
The purpose of the R-1-S residential district is to provide a district for low density residential single-family uses. The following regulations shall apply in the R-1-S Single Family Residential District of Anderson County, Tennessee
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Educational/school
Park & open space
Property details
Parking
Parking Information
Covered Spaces: 1
Parking Total: 1
Parking Features: Garage Door Opener, Attached
Garage Spaces: 1
Has Attached Garage
Has Garage
Interior
Bedroom Information
# of Bedrooms: 2
Bathroom Information
# of Full Baths (Total): 1
# of Half Baths (Total): 1
Room 1 Information
Room Type: Bedroom 1
Laundry Room Information
Laundry Features: Washer Hookup, Electric Dryer Hookup