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1365 Rackum Rd, Thorn Hill, TN, 37881

$295,000

Home List Price

$3,503*

Closing Credit

3 Bedrooms
1 Full Bath
1,436 SqFt
$205/SqFt
House
Schools Nearby

Location

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1365 Rackum Rd, Thorn Hill$295,000

Buyer Closing Credits

$3,503*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingOff-Street Parking
Year Built1943
HeatingCentral, Heat Pump, Electric
CoolingCentral Air
BasementYes
FireplaceWood Burning Stove
MLS #1256378
Lot Size10.02 Acres
StatusActive

About 1365 Rackum Rd

.This gorgeous country home has charm, character and just over 10 acres!! Now qualifies for a VA loan! Sellers are having the bathroom completely remodeled as well as the laundry room floor!! The spare bedroom flooring is also being replaced to match the flooring in the master bedroom! Unfinished basement has 8' ceilings and ready for you to make it your own! Property has approximately 6 acres that are fenced for horses and they also have Dog Watch fencing around the remaining acreage! There is a storage shed as well as a lean to on the property. Fiber internet in place! Sip your coffee on your master bedroom balcony and take in the fresh air as well as the incredible view!!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1943
  • Living Area: 1,436 SqFt

Listing Office:

  • Office Name: Lakeside Realty, LLC
  • Office Phone: (423) 626-5820

Interior Features

Interior Information:

  • Appliances: Refrigerator, Microwave
  • Basement: Yes
  • Flooring Type: Laminate, Hardwood
  • Fireplace: Wood Burning Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Windows - Insulated, Fence - Wood, Porch - Covered, Deck, Balcony

Parking Information:

  • Attached Garage: No
  • Parking: Off-Street Parking

Lot Features

Lot Information:

  • Lot: Irregular Lot
  • Lot Size: 10.02 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Hancock High School, Public District Grades 6-12
  • Hancock County Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: US 25 E S for 13 miles. Left onto TN 131 N for 6.3 miles Left onto Jackson Hollow Rd. for 0.3 miles then turn right onto Claude Wolfenbarger Rd. for 1.1 miles then turn left onto Rackum Rd. for 0.5 miles and property will be on your right. Sign by mailbox.

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000
  • Price Per SqFt: $205/SqFt

Tax Information:

  • Annual Amount: $455
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Thorn Hill, TN.

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Thorn Hill, TN

City

Med. Sold Price

$211K

Med. Price/SqFt

$160

Avg. Days On Market

6

# of Sold Homes

2

1365 Rackum Rd vs Thorn Hill

43 DAYS ON ROCKET

+37 Days

$295,000

+$84K More

$205/SqFt

+$45 More

KEY TAKEAWAY

This property is $84K more than the Median Sold Price and $45/SqFt more than other homes in Thorn Hill, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1256378

Listing Office:

  • Office Name: Lakeside Realty, LLC
  • Office Phone: (423) 626-5820

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 6:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$455$20,475
2019$455$20,475
2018$455$20,475
2017$459$20,475

History based on county public records data.

Payment Calculator

$1,540

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4907103
4
/10

  • Hancock County Elementary School

  • 373 Newmans Ridge Rd

  • 12.09 miles

  • Public District Grades KG-5

High School

school-card-donut-4907104
4
/10

  • Hancock High School

  • 2700 Main St

  • 10.07 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,167. Residents of Thorn Hill, TN typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1365 Rackum Rd

What is the listing price of this property?

The listing price of 1365 Rackum Rd property is $295,000.

What type of property is this?

The property 1365 Rackum Rd is a house located in Thorn Hill, Tennessee, 37881.

Is this property for sale now?

Active Listing: 1365 Rackum Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1365 Rackum Rd are:
Hancock County Elementary School: GreatSchools Rating 4/10
Hancock High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $455 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1365 Rackum Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1365 Rackum Rd is 1,436 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1365 Rackum Rd is 1943.

Rocket Homes›Tennessee›Grainger County›Thorn Hill›37881›1365 Rackum Rd

This home is located at 1365 Rackum Rd in Thorn Hill, TN and zip code 37881. This 1,436 square foot home, which was built in 1943, sits on a 10.02 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 20, 2024 and is currently priced at $295,000.

In April 2024 more than 2 listings in Thorn Hill, TN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 0 were sold below. In April 2024 in Thorn Hill, TN there were 8.3% more homes for sale than in March 2024. Listings spent 6 days on the market in April 2024, and had a median list price of $211,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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