503 Wallace Road
Description
- Listed by T.Edward (Eddie) Perry • First Team Realty, Inc.
Property Details for 503 Wallace Road
Recent comparable sales
Median sold price
$225,000
Avg days on market
45
Sale-to-list ratio
99.3%
Luttrell, TN
9 comparable properties found
$150,000
Sold 11/19/25
- 2
- Bedrooms
- 1
- Bathrooms
- 588
- Square Feet
- 9.59
- Acres
$320,000
Sold 03/05/26
- 1
- Bedrooms
- 1
- Bathrooms
- 576
- Square Feet
- 40
- Acres
$100,000
Sold 11/19/24
- 2
- Bedrooms
- 1
- Bathrooms
- 832
- Square Feet
- 0.18
- Acres
$245,000
Sold 11/13/24
- 3
- Bedrooms
- 1
- Bathrooms
- 2,450
- Square Feet
- 1.17
- Acres
$248,000
Sold 09/30/24
- 3
- Bedrooms
- 2
- Bathrooms
- 1,595
- Square Feet
- 1.05
- Acres
$279,900
Sold 11/13/25
- 3
- Bedrooms
- 2
- Bathrooms
- 1,920
- Square Feet
- 1.41
- Acres
$215,000
Sold 06/05/26
- 3
- Bedrooms
- 2
- Bathrooms
- 1,348
- Square Feet
- 2.96
- Acres
$225,000
Sold 02/20/26
- 3
- Bedrooms
- 2
- Bathrooms
- 2,064
- Square Feet
- 1.26
- Acres
Location
Sold By First Team Realty, Inc., T.Edward (Eddie) Perry (865.992.8326)
Building Information for 503 Wallace Road
Payment Calculator
$108 per month
30 year fixed, 6.55% Interest
$97
$12
$0
Know your buying power with a preapproval and custom rate in minutes
1Property Information for 503 Wallace Road
- City: Luttrell
- County Or Parish: Union County - 25
- Directions: North on Tazewell Pike from Knoxville, Left on Wallace Road, property on Left.
- Latitude: 36.195275
- Longitude: -83.806279
- MLS Area Major: Union County - 25
- MLS Area Minor: Union County - 25
- Postal Code: 37779
- State Or Province: TN
- View Mountain View: True
- Location Tax Legal Info Area: Union County - 25
- Remarks Misc Directions: North on Tazewell Pike from Knoxville, Left on Wallace Road, property on Left.
- Attached Garage: No
- Parking Features: None
- Garage Parking None: True
- Association Fee: 0.0
- Association: false
- Parcel Number: 078 084.03
- Location Tax Legal Info Total Tax: 141.0
- General Property Description HOA Fee: 0.0
- Virtual Tours Count: 0
- Lot Size Area: 3.13
- Lot Size Units: Acres
- Lot Size Square Feet: 136342.8
- Year Built: 1978
- Lot Features: Wooded
- Building Area Total: 560.0
- Lot Size Acres: 3.13
- General Property Description SqFt - Main Lvl: 560.0
- General Property Description SqFt - Down Lvl: 0.0
- General Property Description SqFt - 2nd Flr Lvl: 0.0
- General Property Description Acres: 3.13
- General Property Description Site Built: No
- Lot Description Wooded: True
- Lot Description Rolling Slope: True
- Possession: At Closing
- Sign On Property: Yes
- Property Type Label: Single Family
- Floor Plans Count: 0
- Property Type: Single Family
- Property Sub Type: Residential
- Possession At Closing: True
- Fuel Electric: True
- Sewer Sewer Info: City
- Water Water Info: City
- Exterior Features: Deck
- Exterior Features Deck: True
- Beds Total: 2
- Baths Full: 1
- Fireplaces Total: 0
- Fireplace: No
- Bathrooms Total Integer: 1
- Cooling Details: Yes
- Fireplace Features: Other
- Flooring: Vinyl
- Cooling Wall Cooling: True
- Floors Vinyl: True
- Floors Other: True
- Basement Crawl Space: True
- General Property Description Number of Bedrooms: 2
- General Property Description Number of Rooms: 5
- General Property Description Basement: Yes
- General Property Description Extra Storage: No
- Misc Features WasherDryer Connect: True
- Rooms Total: 5
- General Property Description Restrictions: No
- Tenant Expenses Cooling: Wall Cooling
Property History for 503 Wallace Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Apr 27, 2012 | Closed (Public Record) Public Record #465196479 | $19,000 | +2.3% / yr |
| Apr 27, 2012 | Closed KAARMLS #776535 | $19,000 | — |
| Apr 26, 2012 | Contract - Not Showing KAARMLS #776535 | — | |
| Mar 7, 2012 | Price Change KAARMLS #776535 | $24,900 | — |
| Oct 7, 2011 | Listed (Active) KAARMLS #776535 | $29,999 | — |
| Feb 16, 2011 | Withdrawn KAARMLS #734277 | — | |
| Oct 8, 2010 | Listed (Active) KAARMLS #734277 | $39,900 | — |
| Jan 3, 2006 | Closed (Public Record) Public Record #465218077 | $16,500 | — |
| Date | Event & Source | Price |
|---|---|---|
| 04/27/2012 | Closed (Public Record) Public Record #465196479 | $19,000 +2.3% / yr |
| 04/27/2012 | Closed KAARMLS #776535 | $19,000 |
| 04/26/2012 | Contract - Not Showing KAARMLS #776535 | — |
| 03/07/2012 | Price Change KAARMLS #776535 | $24,900 |
| 10/07/2011 | Listed (Active) KAARMLS #776535 | $29,999 |
| 02/16/2011 | Withdrawn KAARMLS #734277 | — |
| 10/08/2010 | Listed (Active) KAARMLS #734277 | $39,900 |
| 01/03/2006 | Closed (Public Record) Public Record #465218077 | $16,500 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 503 Wallace Road
Schools near 503 Wallace Road
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.
Similar Homes
New listings in 37779
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 503 Wallace Road, Luttrell, TN 37779 | $19,000 | 2 | 1 | 560 | 136,342 |
$250,000 | 3 | 2 | 1,279 | 99,316 | |
– | – | – | – | 50,530 | |
$24,900 | – | – | 1,024 | 121,532 | |
$154,000 | 3 | 2 | 1,440 | 87,120 | |
$28,000 | – | – | 784 | 43,560 | |
$150,000 | – | 3 | 1,568 | 77,537 | |
$150,000 | 3 | 2 | 1,216 | 91,476 | |
$24,900 | – | – | – | 87,120 | |
$279,900 | 3 | 2 | 1,920 | 61,419 | |
$200,000 | 1 | 1 | 852 | 85,813 | |
$75,000 | – | – | – | 243,500 | |
$75,000 | – | – | – | 243,500 | |
$30,000 | – | – | – | 121,968 | |
– | – | – | 780 | 43,560 | |
$64,000 | – | – | 960 | 122,839 |
Explore Nearby Homes
- Plainview Homes for Sale
- Hickory Pointe Homes for Sale
- Norris Shores Homes for Sale
- Lone Mountain Shores Homes for Sale
- Ridgeview Heights Homes for Sale
- Sunrise Homes for Sale
- Maloneyville Homes for Sale
- Sunset Bay Homes for Sale
- Halls Homes for Sale
- Brookfield Acres Homes for Sale
- Rock Harbor Homes for Sale
- Arminda Homes for Sale
- Ritta Homes for Sale
- Mcmillan Homes for Sale
- John Sevier Homes for Sale
- Maynardville Homes for Sale
- Washburn Homes for Sale
- Powder Springs Homes for Sale
- Blaine Homes for Sale
- Luttrell Homes for Sale
- Corryton Homes for Sale
- Mascot Homes for Sale
- Rutledge Homes for Sale
- Heiskell Homes for Sale
- Strawberry Plains Homes for Sale
- Knoxville Homes for Sale
- Sharps Chapel Homes for Sale
- New Market Homes for Sale
- Andersonville Homes for Sale
- Thorn Hill Homes for Sale
- 37848 Homes for Sale
- 37709 Homes for Sale
- 37721 Homes for Sale
- 37888 Homes for Sale
- 37807 Homes for Sale
- 37938 Homes for Sale
- 37806 Homes for Sale
- 37861 Homes for Sale
- 37871 Homes for Sale
- 37705 Homes for Sale
- 37866 Homes for Sale
- 37825 Homes for Sale
- 37918 Homes for Sale
- 37924 Homes for Sale
- 37820 Homes for Sale
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 First Team Realty, Inc., T.Edward (Eddie) Perry
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: 08/30/2021 02:12 AM