Last Sold Price
3 beds1,279 sqft$195/sqft
501 Wallace Rd, Luttrell, TN 37779

Description

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...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:
LISTING CLOSED: 05/20/2022 12:00 AM

  1. Listed by Ralph E Howard • Lands End Real Estate & Auctio

Property Details for 501 Wallace Road

Status
MLS #
1185531
Days on Market
4
Taxes
$129 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Single Family / Residential
Year Built
1967
Lot Size
2.28 AC / 99,316 SF
Architectural Style
A-Frame, Traditional
View
Country Setting
Style A-Frame
True
Style Traditional
True

Recent comparable sales

Median sold price

$225,000

Avg days on market

36

Sale-to-list ratio

100.6%

Luttrell, TN

9 comparable properties found

$215,000 | 232 Sallings Road, Luttrell, TN 37779
1/20
1

$215,000

Sold 06/05/26

3
Bedrooms
1,348
Square Feet
2.96
Acres
$263,850 | 148 Prospect Road, Luttrell, TN 37779
1/30
2

$263,850

Sold 11/25/24

3
Bedrooms
1,104
Square Feet
0.31
Acres
$193,000 | 178 Tazewell Pike, Luttrell, TN 37779
1/22
3

$193,000

Sold 09/26/24

3
Bedrooms
1,140
Square Feet
0.3
Acres
$279,900 | 477 Wallace Road, Luttrell, TN 37779
1/6
4

$279,900

Sold 11/13/25

3
Bedrooms
1,920
Square Feet
1.41
Acres
$225,000 | 517 Bull Run Road, Luttrell, TN 37779
1/27
5

$225,000

Sold 02/20/26

3
Bedrooms
2,064
Square Feet
1.26
Acres
$199,500 | 182 Tazewell Pike, Luttrell, TN 37779
1/24
6

$199,500

Sold 02/17/26

3
Bedrooms
1,216
Square Feet
0.4
Acres
$195,000 | 180 Tazewell Pike, Luttrell, TN 37779
1/36
7

$195,000

Sold 05/30/25

3
Bedrooms
1,216
Square Feet
0.34
Acres
$399,900 | 9117 Old Tazewell Pike, Luttrell, TN 37779
1/61
8

$399,900

Sold 01/28/25

3
Bedrooms
1,459
Square Feet
5
Acres
$248,000 | 928 Tazewell Pike, Luttrell, TN 37779
1/35
9

$248,000

Sold 09/30/24

3
Bedrooms
1,595
Square Feet
1.05
Acres

Location

Listing Courtesy of Lands End Real Estate & Auctio, Ralph E Howard

Sold By Realty Executives Associates, Jacquie Litton (865.693.3232)

Add your commute

Building Information for 501 Wallace Road

Stories-Year Built1967Building Size-Lot Size2.28 AC / 99,316 SF

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$1,281 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,271

Property Taxes

$11

HOA Dues

$0

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Property Information for 501 Wallace Road

Summary
Location and General Information
  • City: Luttrell
  • County Or Parish: Union County - 25
  • 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.
  • Latitude: 36.194556
  • Longitude: -83.806848
  • MLS Area Major: Union County - 25
  • MLS Area Minor: Union County - 25
  • Postal Code: 37779
  • State Or Province: TN
  • View Country Setting: True
  • Location Tax Legal Info Area: Union County - 25
  • Remarks Misc 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.
Parking
  • Attached Garage: No
  • Parking Features: None, RV Parking, Off-Street Parking
  • Atchd Dtchd Type Detached: True
  • Garage Parking Off-Street Parking: True
  • Garage Parking RV Parking: True
  • Garage Parking None: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 078 084.11
  • Location Tax Legal Info Total Tax: 129.46
  • General Property Description HOA: No
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 2.28
  • Lot Size Units: Acres
  • Lot Size Square Feet: 99316.8
  • Year Built: 1967
  • Lot Features: Wooded
  • Building Area Total: 1279.0
  • Living Area Source: Owner
  • Lot Size Acres: 2.28
  • Lot Size Source: Tax Records
  • General Property Description SqFt - Main Lvl: 1279.0
  • General Property Description SqFt - Down Lvl: 0.0
  • General Property Description SqFt - 2nd Flr Lvl: 0.0
  • General Property Description SqFt - 3rd Flr Lvl: 0.0
  • General Property Description SqFt - Source: Owner
  • General Property Description Acres: 2.28
  • General Property Description Acre Source: Tax Records
  • General Property Description Site Built: Yes
  • Lot Description Irregular Lot: True
  • Lot Description Level: True
  • Lot Description Wooded: True
Property and Assessments
  • Possession: At Closing
  • Sign On Property: Yes
  • Property Attached: No
  • Property Type Label: Single Family
  • Floor Plans Count: 0
  • Property Type: Single Family
  • Property Sub Type: Residential
  • Possession At Closing: True
Utilities
  • Fuel Electric: True
  • Sewer Septic Tank: True
  • Water Public: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Windows - Vinyl, Windows - Insulated, Fence - Privacy, Fence - Wood
  • Other Structures: Barn
  • Outbuildings Barn: True
  • Exterior Features Fence - Privacy: True
  • Exterior Features Fence - Wood: True
  • Exterior Features Windows - Insulated: True
  • Exterior Features Windows - Vinyl: True
Interior Features
  • Beds Total: 3
  • Baths Full: 2
  • Baths Half: 0
  • Fireplaces Total: 0
  • Fireplace: No
  • Bathrooms Total Integer: 2
  • Cooling Details: Yes
  • Kitchen Appliances: Dishwasher, Disposal, Tankless Wtr Htr, Smoke Detector, Refrigerator, Microwave
  • Fireplace Features: None
  • Flooring: Vinyl
  • Heating: Yes
  • Fireplace None: True
  • Cooling Central Cooling: True
  • Floors Sustainable: True
  • Floors Vinyl: True
  • Basement Crawl Space: True
  • Basement None: True
  • General Property Description Number of Bedrooms: 3
  • General Property Description Number of Rooms: 6
  • General Property Description Fireplace: No
  • General Property Description Number of Fireplace: 0.0
  • General Property Description Basement: No
  • General Property Description Bonus Room: No
  • General Property Description Extra Storage: No
  • Heat Central: True
  • Heat - Heat Pump: True
  • Dining Area Living Room Dining Room: True
  • Appliances Dishwasher: True
  • Appliances Disposal: True
  • Appliances Microwave: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Appliances Smoke Detector: True
  • Appliances Tankless Water Heatter: True
  • Other Rooms Mstr Bdrm Main Level: True
  • Other Rooms Sunroom: True
  • Other Rooms Workshop: True
  • Misc Features Walk-in Closets: True
  • Misc Features Walk-in Shower: True
  • Misc Features WasherDryer Connect: True
Room Information
Room
  • Rooms Total: 6
Rental
Rent Information
  • General Property Description Restrictions: No
  • Tenant Expenses Cooling: Central Cooling
  • Tenant Expenses Heating: Central,Heat Pump

Property History for 501 Wallace Road

DateEvent & SourcePriceAppreciation
May 20, 2022

Closed

KAARMLS #1185531

$250,000
Apr 5, 2022

Contract - Not Showing

KAARMLS #1185531

Apr 1, 2022

Listed (Active)

KAARMLS #1185531

$219,900
DateEvent & SourcePrice
05/20/2022

Closed

KAARMLS #1185531

$250,000
04/05/2022

Contract - Not Showing

KAARMLS #1185531

04/01/2022

Listed (Active)

KAARMLS #1185531

$219,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 501 Wallace Road

Taxable ValueLand$8,350Additions$39,075Total$47,425
Tax Record2025$901 ($75 / month)
Home Facts
Beds0Total Finished SqFt1,104 SqFtAbove Grade Finished SqFt1,104 SqFtStories1Lot Size99,317 SqFtStyleSingle Family ResidenceYear Built2022ZoningR83CountyUNIONAPN078 08411

Schools near 501 Wallace Road

This home is within Union County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Luttrell Elementary School
PublicPK to 5

H Maynard Middle School
Public6 to 8

Union County High School
Public9 to 12

Union County Alternative Center
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 501 Wallace Road, Luttrell, TN 37779
$250,000
3
1,279
99,316
$19,000
2
560
136,342
50,530
$24,900
1,024
121,532
$154,000
3
1,440
87,120
$150,000
3
1,568
77,537

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lands End Real Estate & Auctio, Ralph E Howard

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 02/27/2023 12:00 PM