501 Wallace Rd

Luttrell, TN 37779

$250,000
Last Sold Price
3
Beds
1,279 Sq. Ft.
$195 / Sq. Ft.
1,279
Sq. Ft.
$195
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 5/20/22
Closed 5/20/22
Front/Right Side
Rear/Left Side
501 Wallace Road, Remodeled (22)
501 Wallace Road, Remodeled (24)
2nd Bedrm To Living RM 09
2nd Bedroom WIC 07
2nd Bedroom WIC 08
3rd Bedroom X
Kitchen Cabinets 20
Kitchen Dishwshr. & SXS Fridge-Freezer 1
Kitchen Glass Top Range & Microwave Oven
Kitchen Single Lever Faucet Double-Sink
Kitchen To Living Rm 21
Kitchen To Living Rm 22
Kithcen From Living Rm 23
Laundry Rm & Endless Water Heater 16
Laundry Rm Cabinets 15
Left Side Vu From SunRm X
Living Rm To 2nd Bedrm X
Living Rm To Kitchen 13
Living Rm To Kitchen 14
Living Rm To Master Suite X
Living Room 10
Living Room 11
Living Room 12
Main Bath Rm XXXX
Main Full Bath Rm X
Master On Main X
Master Suite Bath 04
Master Suite Bath 05
Master Suite Bath 06
Master Suite Bedroom 01
Master Suite Bedroom 02
Master Suite Walk-In Closet 03
Rear Vu From SunRm X
SunRm & Kitchen Entrance X
SunRm To Kitchen X
501 Wallace Road, Remodeled (28)

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

Property Details for 501 Wallace Road

Architectural Style
A-Frame, Traditional
View
Country Setting
Style A-Frame
True
Style Traditional
True
LISTING CLOSED: 05/20/2022 12:00 AM

Property Details for 501 Wallace Road

StatusClosed
MLS #1185531
Days on Market4
Taxes$129 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeSingle Family / Residential
Year Built1967
Lot Size2.28 AC / 99,316 SF
CountyUnion County
Get preapproved with Rocket Mortgage1

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

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$1,281 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,271

Property Taxes

$11

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

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
Luttrell Elementary School
Public - PK to 5
H Maynard Middle School
Public - 6 to 8
Union County High School
Public - 9 to 12
Union County Alternative Center
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.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
503 Wallace Road, Luttrell, TN 37779
$19,000
2
560
136,342
490 Wallace Road, Luttrell, TN 37779
–
–
–
–
50,530
500 Wallace Road, Luttrell, TN 37779
$24,900
–
–
1,024
121,532
499 Wallace Road, Luttrell, TN 37779
$154,000
3
1,440
87,120
479 Wallace Road, Luttrell, TN 37779
$150,000
–
3
1,568
77,537

Explore Nearby Homes

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