6 months on rocket

500 Wallen Creek Ln, Tazewell, TN, 37879

$775,000

Home List Price

$9,203*

Closing Credit

3 Bedrooms
1 Full Bath
1,412 SqFt
$549/SqFt
House
Schools Nearby

Location

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500 Wallen Creek Ln, Tazewell$775,000

Buyer Closing Credits

$9,203*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingOff-Street Parking, Common
Year Built1925
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s)
WaterfrontCreek
FireplaceOther
ViewMountain(s)
MLS #1244287
Lot Size120.50 Acres
StatusActive

About 500 Wallen Creek Ln

Gorgeous farm located in northeast Tennessee. 120 deeded acres. 3 bed 1 bath, newly renovated farm home. Seller has lovingly updated throughout the home including an entirely new kitchen and bathroom. There is a beautiful 4-sided fireplace in the center of the home that has been sealed off. Newer siding, metal roof and heating/cooling system. Approximately 40 acres cleared pasture and the remainder is wooded. Beautiful setting in the hollow of the Powell mountain chain. Three large barns and several smaller outbuildings on property. Main barn is a 10 stall horse barn with second story hay loft. Additional barn has 2 foaling stalls and a chicken coop. Another large post and beam barn on property used as large run-in shed for second pasture. Creek flowing through south end of property. Very quiet setting outside of town. Round pen out front, fencing, lots of level land for livestock. This is your chance to have your own homestead, call today to schedule a tour!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1925
  • Living Area: 1,412 SqFt

Listing Office:

  • Office Name: Century 21 Virginia Wilder Real Estate
  • Office Phone: (276) 861-2023

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator
  • Basement: No
  • Flooring Type: Hardwood, Vinyl
  • Interior: Island in Kitchen
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Creek
  • View: Mountain(s)
  • Exterior: Windows - Insulated, Pool - Swim(Abv Grd), Porch - Covered

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Creek, Private, Wooded, Level, Rolling/Hilly
  • Lot Size: 120.50 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From McDonalds in Tazewell, turn left onto hwy 33 then right onto Youngstown Road to a right onto US 25E. Travel 5.1 miles to left onto Tn 33. Stay on Tn33 for 6.4 miles and take a left onto Rowe Road. Follow to a left onto Wallen Creek Lane. See agnt signs.

Price Information

Listing Price Info

Price Summary:

  • List Price: $775,000
  • Price Per SqFt: $549/SqFt

Tax Information:

  • Annual Amount: $1,379
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Tazewell, TN.

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Tazewell, TN

City

Med. Sold Price

$212.5K

Med. Price/SqFt

$132

Avg. Days On Market

56

# of Sold Homes

10

500 Wallen Creek Ln vs Tazewell

186 DAYS ON ROCKET

+130 Days

$775,000

+$562.5K More

$549/SqFt

+$416 More

KEY TAKEAWAY

This property is $562.5K more than the Median Sold Price and $416/SqFt more than other homes in Tazewell, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1244287

Listing Office:

  • Office Name: Century 21 Virginia Wilder Real Estate
  • Office Phone: (276) 861-2023

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, 5:20:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 15, 2020Home Sold
$400,000
Mar 26, 2019Home Sold
$400,000
Sep 01, 2017Home Sold
$368,000
Dec 01, 2015Home Sold
$290,000
Aug 31, 2001Home Sold
$185,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,379$53,500
2019$1,379$53,500
2018$1,379$53,500
2017$662$30,825

History based on county public records data.

Payment Calculator

$3,935

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,390

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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.

Nearby Schools

school-card-donut-4860613
4
/10

  • Springdale Elementary School

  • 1915 Highway 25e S

  • 5.93 miles

  • Public District Grades PK-6

school-card-donut-4860614
6
/10

  • Tazewell-New Tazewell Elementary School

  • 501 Davis Dr

  • 8.61 miles

  • Public District Grades KG-4

school-card-donut-4860615
6
/10

  • Bean Station Elementary School

  • 200 Bean Station School Rd

  • 10.50 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,533. Typical income of Tazewell, TN residents is less than $35k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Wallen Creek Ln

What is the listing price of this property?

The listing price of 500 Wallen Creek Ln property is $775,000.

What type of property is this?

The property 500 Wallen Creek Ln is a house located in Tazewell, Tennessee, 37879.

Is this property for sale now?

Active Listing: 500 Wallen Creek Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,379 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 15, 2020 for $400,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 500 Wallen Creek Ln has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 500 Wallen Creek Ln is 1,412 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Wallen Creek Ln is 1925.

Rocket Homes›Tennessee›Claiborne County›Tazewell›37879›500 Wallen Creek Ln

This home is located at 500 Wallen Creek Ln in Tazewell, TN and zip code 37879. This 1,412 square foot home, which was built in 1925, sits on a 120.50 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 28, 2023 and is currently priced at $775,000.

Over 1 listings were sold over their listed price in April 2024 in Tazewell, TN. In the same period over 6 listings were sold below the listed price and 2 listings were sold for the listed price. Between March 2024 and April 2024, Tazewell, TN real estate market has seen increase in the number of listings by 8.7%. While the average time on the market in April 2024 was 56 days, the median list price was $212,500.

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

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