3 months on rocket

516 Cumberland Estates Rd, Cumberland Gap, TN, 37724

$500,000

Home List Price

$5,938*

Closing Credit

3 Bedrooms
2 Full Baths
1,931 SqFt
$259/SqFt
House
Schools Nearby

Location

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516 Cumberland Estates Rd, Cumberland Gap$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingAttached, Carport, Detached, Side/Rear Entry, Main Level, Off-Street Parking
Attached Garage1 space
Year Built1975
HeatingCentral, Other, Electric
CoolingCentral Air, Ceiling Fan(s)
BasementYes
FireplaceBrick, Masonry, Wood Burning
ViewMountain(s)
MLS #1249020
Lot Size24.30 Acres
StatusActive

About 516 Cumberland Estates Rd

If you're looking for that perfect little farm that's also conveniently located, then look no further! The home is being listed with the +/-24 acres that make it so special! There are so many surprises with this one. Between the extra rooms in the finished basement, the huge yard, and over 20 fenced acres, you'll want to see this one!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1975
  • Living Area: 1,931 SqFt

Listing Office:

  • Office Name: Realty Group
  • Office Phone: (423) 626-6353

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Interior: Pantry, Walk-In Closet(s)
  • Fireplace: Brick, Masonry, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Fenced - Yard, Patio, Porch - Covered

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Carport, Detached, Side/Rear Entry, Main Level, Off-Street Parking

Lot Features

Lot Information:

  • Lot: Wooded, Corner Lot, Irregular Lot, Rolling/Hilly
  • Lot Size: 24.30 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From Hwy 63. turn onto Arthur Rd (1.4 miles from 25e). In 0.5 miles turn right onto Cumberland Estates Rd/Harmon Rd, then turn right in 0.4 miles turn right again to stay on Cumberland Estates/Redbird Circle, Continue for another 0.5 miles and destination will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
  • Price Per SqFt: $259/SqFt

Tax Information:

  • Annual Amount: $776
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1249020

Listing Office:

  • Office Name: Realty Group
  • Office Phone: (423) 626-6353

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: 4/27/2024, 8:20:23 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$776$30,100
2019$776$30,100
2018$776$30,100
2017$797$30,100

History based on county public records data.

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$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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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-1577310
4
/10

  • Ellen Myers Primary School

  • 275 Nettleton Rd

  • 2.84 miles

  • Public District Grades PK-4

school-card-donut-1577311
5
/10

  • Middlesboro Elementary School

  • 3400 Cumberland Ave

  • 3.96 miles

  • Public District Grades KG-4

school-card-donut-1577312
6
/10

  • Tazewell-New Tazewell Elementary School

  • 501 Davis Dr

  • 9.52 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,481. Typical income of Claiborne County, TN residents is less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 Cumberland Estates Rd

What is the listing price of this property?

The listing price of 516 Cumberland Estates Rd property is $500,000.

What type of property is this?

The property 516 Cumberland Estates Rd is a house located in Cumberland Gap, Tennessee, 37724.

Is this property for sale now?

Active Listing: 516 Cumberland Estates Rd 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 $776 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 516 Cumberland Estates Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 516 Cumberland Estates Rd is 1,931 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 516 Cumberland Estates Rd is 1975.

Rocket Homes›Tennessee›Claiborne County›Cumberland Gap›37724›516 Cumberland Estates Rd

This home is located at 516 Cumberland Estates Rd in Cumberland Gap, TN and zip code 37724. This 1,931 square foot home, which was built in 1975, sits on a 24.30 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 02, 2024 and is currently priced at $500,000.

In March 2024 more than 2 listings in Claiborne County, TN were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 14 were sold below. The number of homes for sale in Claiborne County, TN decreased by 3.7% between February 2024 and March 2024. In March 2024 median list price was $225,112 and the average listing age was 50 days.

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

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