Sold
Last Sold Price
$475,000
3 beds2,544 sqft

708 Shumate Rd, Rutledge, TN 37861

Single FamilyProperty Type
35.5 acresLot Size
1981Year Built
$187/sq ftPrice per sq ft
2 carsParking Spaces

Description

Welcome to the Country Living you've been waiting for! Fall in love with the home and stay for the 35.5 Acre land with FIVE hay fields! This private basement rancher home boasts 2,544 Sqft of open living area, 3 bedrooms, 3 full baths, private well, and a fully finished basement! The fully finished basement includes 3 additional rooms, a large bonus room plumbed for a kitchen and a spacious living room! Outside you'll find amazing country views, an attached 2 car carport, detached storage garage...Welcome to the Country Living you've been waiting for! Fall in love with the home and stay for the 35.5 Acre land with FIVE hay fields! This private basement rancher home boasts 2,544 Sqft of open living area, 3 bedrooms, 3 full baths, private well, and a fully finished basement! The fully finished basement includes 3 additional rooms, a large bonus room plumbed for a kitchen and a spacious living room! Outside you'll find amazing country views, an attached 2 car carport, detached storage garage with and upper story, five hay fields, all nestled upon the large 35.5 Arce private lot. You'll have to see it to believe it! Call for a showing today! More photos to come, July 5, 2022
  • Listed by: Billy Houston Group, Billy Houston • Billy Houston Group, Realty Executives
Listing closed: 08/26/2022 12:00 AM • Source: KAARMLS, MLS#: 1197741
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Recent comparable sales

Median sold price

$460,000

Avg days on market

116

Sale-to-list ratio

92.3%

Rutledge, TN

9 comparable properties found

$362,100 | 183 Davis Road, Rutledge, TN 37861
1/31
1

$362,100

Sold 05/15/25

3
Bedrooms
2,944
Square Feet
1.47
Acres
$425,000 | 7124 Indian Ridge Road, Rutledge, TN 37861
1/55
2

$425,000

Sold 06/27/25

4
Bedrooms
2,576
Square Feet
2
Acres
$570,000 | 2290 Cherry Street, Rutledge, TN 37861
1/60
3

$570,000

Sold 06/29/26

3
Bedrooms
2,474
Square Feet
3.74
Acres
$380,000 | 1638 Highway 92, Rutledge, TN 37861
1/29
4

$380,000

Sold 08/15/25

3
Bedrooms
2,064
Square Feet
11.17
Acres
$550,000 | 5502 Indian Ridge Road, Rutledge, TN 37861
1/51
5

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Sold 07/17/26

3
Bedrooms
2,236
Square Feet
4.35
Acres
$935,000 | 874 Alvin Roach Road, Rutledge, TN 37861
1/41
6

$935,000

Sold 07/29/25

3
Bedrooms
2,512
Square Feet
30
Acres
$460,000 | 1702 Howell River Road, Rutledge, TN 37861
1/50
7

$460,000

Sold 10/20/25

3
Bedrooms
2,128
Square Feet
6.65
Acres
a view of a house with next to a big yard and large trees
8

$362,500

Sold 09/12/25

3
Bedrooms
2,101
Square Feet
0.56
Acres
a view of a house with a big yard
9

$460,000

Sold 01/15/26

3
Bedrooms
2,216
Square Feet
9.88
Acres

Location

Listing Courtesy of Billy Houston Group, Realty Executives, Billy Houston Group, Billy Houston

Sold By United Real Estate Solutions, Nancy Mullins (865.680.6838)

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Principal and Interest

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Property Taxes

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Property Information for 708 Shumate Road

Property Details

  • Taxes: $1,146 / year
  • MLS Type: Single Family / Residential
  • Architectural Style: Traditional
  • View: Country Setting
  • Style Traditional: True

Building Information

  • Year Built: 1981
  • Lot Size: 35.50 AC / 1,546,380 SF

Summary

Location and General Information
  • City: Rutledge
  • County Or Parish: Grainger County - 45
  • Directions: On I-40 take exit 392, head North on US-11 N/ Rutledge Pike. Continue for 23 miles. Turn right onto Bluff Rd. Continue onto Owl Hole Gap Rd. Turn Left onto Shumate Rd. In .7 miles the driveway will be on your right.
  • Latitude: 36.234999
  • Longitude: -83.568627
  • MLS Area Major: Grainger County - 45
  • MLS Area Minor: Grainger County - 45
  • Postal Code: 37861
  • State Or Province: TN
  • View Country Setting: True
  • Location Tax Legal Info Area: Grainger County - 45
  • Remarks Misc Directions: On I-40 take exit 392, head North on US-11 N/ Rutledge Pike. Continue for 23 miles. Turn right onto Bluff Rd. Continue onto Owl Hole Gap Rd. Turn Left onto Shumate Rd. In .7 miles the driveway will be on your right.
Parking
  • Attached Garage: No
  • Parking Features: Main Level
  • Atchd Dtchd Type Detached: True
  • Garage Parking Main Level: True
  • Garage Parking Carport Spaces: 2.0
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 074 007.00
  • Location Tax Legal Info Total Tax: 1146.0
  • General Property Description HOA: No
Virtual Tour
  • Virtual Tours Count: 0

Property

Lot Information
  • Lot Size Area: 35.5
  • Lot Size Units: Acres
  • Lot Size Square Feet: 1546380.0
  • Year Built: 1981
  • Lot Features: Private
  • Building Area Total: 2544.0
  • Living Area Source: Tax Records
  • Lot Size Acres: 35.5
  • Lot Size Source: Tax Records
  • General Property Description SqFt - Main Lvl: 1272.0
  • General Property Description SqFt - Down Lvl: 1272.0
  • General Property Description SqFt - 2nd Flr Lvl: 0.0
  • General Property Description SqFt - 3rd Flr Lvl: 0.0
  • General Property Description SqFt - Source: Tax Records
  • General Property Description Acres: 35.5
  • General Property Description Acre Source: Tax Records
  • General Property Description Site Built: Yes
  • Lot Description Private: 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 Well: True

Interior and Exterior Features

Exterior Features
  • Exterior Features: Patio, Porch - Enclosed
  • Other Structures: Storage Shed, Detached Workshop
  • Construction Materials: Brick
  • Siding Brick: True
  • Outbuildings Detached Workshop: True
  • Outbuildings Storage Shed: True
  • Exterior Features Patio: True
  • Exterior Features Porch - Enclosed: True
Interior Features
  • Beds Total: 3
  • Baths Full: 3
  • Baths Half: 0
  • Cooling: Central Cooling
  • Fireplaces Total: 0
  • Fireplace: No
  • Bathrooms Total Integer: 3
  • Cooling Details: Yes
  • Kitchen Appliances: Other, Dishwasher, Microwave
  • Basement: Yes
  • Heating Details: Central
  • Fireplace Features: None
  • Flooring: Carpet, Vinyl
  • Heating: Yes
  • Heating Central: Yes
  • Fireplace None: True
  • Cooling Central Cooling: True
  • Floors Carpet: True
  • Floors Vinyl: True
  • Basement Walkout: True
  • General Property Description Number of Bedrooms: 3
  • General Property Description Number of Rooms: 10
  • General Property Description Fireplace: No
  • General Property Description Number of Fireplace: 0.0
  • General Property Description Basement: Yes
  • General Property Description Bonus Room: Yes
  • Heat Central: True
  • Dining Area Other: True
  • Appliances Dishwasher: True
  • Appliances Microwave: True
  • Appliances Range: True
  • Other Rooms Basement Rec Room: True
  • Other Rooms Extra Storage: True
  • Other Rooms Family Room: True
  • Other Rooms Great Room: True
  • Other Rooms Mstr Bdrm Main Level: True
  • Misc Features Island in Kitchen: True
  • Misc Features Walk-in Closets: True
  • Misc Features WasherDryer Connect: True

Room Information

Room
  • Rooms Total: 10

Rental

Rent Information
  • General Property Description Restrictions: No
  • Tenant Expenses Cooling: Central Cooling
  • Tenant Expenses Heating: Central

Property History for 708 Shumate Road

DateEvent & SourcePriceAppreciation
Aug 26, 2022

Closed

KAARMLS #1197741

$475,000
—
Jul 9, 2022

Contract - Not Showing

KAARMLS #1197741

—
—
Jul 6, 2022

Listed (Active)

KAARMLS #1197741

$475,000
—
DateEvent & SourcePrice
08/26/2022

Closed

KAARMLS #1197741

$475,000
07/09/2022

Contract - Not Showing

KAARMLS #1197741

—
07/06/2022

Listed (Active)

KAARMLS #1197741

$475,000

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

Public Records for 708 Shumate Road

Taxable Value

Land

$9,425

Additions

$40,475
Total$49,900

Tax Record

2025

$1,173 ($98 / month)

Home Facts

Beds

0

Total Finished SqFt

2,544 SqFt

Above Grade Finished SqFt

1,272 SqFt

Finished Basement SqFt

1,272 SqFt

Stories

1

Lot Size

1,546,380 SqFt

Style

Miscellaneous Residential

Year Built

1981

Year Renovated

1986

County

GRAINGER

APN

074 00700

Schools near 708 Shumate Road

This home is within Grainger County School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Rutledge Primary School
PublicPK to 1

Rutledge Elementary School
Public2 to 6

Rutledge Middle School
Public7 to 8

Grainger High School
Public9 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: 708 Shumate Road, Rutledge, TN 37861
$475,000
3
2,544
1,546,380
$45,000
–
1
1,144
99,752
$100,000
–
2.5
2,030
332,798
–
–
2
1,632
–
$165,000
–
–
–
435,600
–
–
–
784
–

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 Billy Houston Group, Realty Executives, Billy Houston Group, Billy Houston

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: 08/26/2022 04:46 PM