5.03 acres of unrestricted property near the Holston River in a private country setting ready for your new home! Enjoy level to rolling acreage with choice trees saved for added privacy. A 2010 mobile home is on the property, but it is in need of refurbishment. Electric pole on property, but electricity is not connected. Property has been surveyed and soils have been evaluated. 2 BR septic permit is on file, but is expired. Could possibly have it upgraded to a 3 BR septic permit if further soils testing is completed. Property needs a well and private septic. There's additional area for a barn, detached garage, pool, fire pit/entertainment area, garden, etc! Information is deemed reliable, but buyers are advised to verify all information as it was taken from public records. Drone photography was used.
Property Details
Property Features
Listing Office:
Office Name: TN Living Realty LLC
Office Phone: (865) 680-9653
Lot Features
Lot Information:
Lot: Private, Rolling/Hilly, Wooded
Lot Size: 5.03 Acres
Other
Directions Information:
Directions: From New Market, take Hwy 11E toward Strawberry Plains. Turn right at post office onto Big Bend Rd. Go through the underpass and take right onto Bluff Rd. In 0.6 miles, turn right onto Gibson Rd. In 0.5 miles, driveway will be on your left - see sign.
Price Information
Listing Price Info
Price Summary:
List Price: $119,900
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Strawberry Plains, TN.
This property is $280.1K less than the Median Sold Price in Strawberry Plains, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1281660
Listing Office:
Office Name: TN Living Realty LLC
Office Phone: (865) 680-9653
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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$666
Per Month
Principal & Interest
$599
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$426
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
New Market Elementary School
1559 W Old A Johnson Hwy
Distance between this listing and this school4.03 miles
Public District Grades PK-5
6
/10
East Knox County Elementary School
9315 Rutledge Pike
Distance between this listing and this school5.79 miles
Public District Grades PK-5
5
/10
Carter Elementary School
9304 College St
Distance between this listing and this school5.85 miles
Public District Grades PK-5
Nearby Schools
5
/10
Rush Strong Elementary School
3081 W Old Andrew Johnson Hwy
Distance between this listing and this school1.52 miles
Public District Grades PK-8
4
/10
Carter Middle School
204 N Carter School Rd
Distance between this listing and this school4.80 miles
Public District Grades 6-8
6
/10
Jefferson Middle School
361 W Broadway Blvd
Distance between this listing and this school8.54 miles
Public District Grades 6-8
Nearby Schools
4
/10
Carter High School
210 N Carter School Rd
Distance between this listing and this school4.71 miles
Public District Grades 9-12
7
/10
Career Magnet Academy
7201 Strawberry Plains Pike
Distance between this listing and this school8.62 miles
Public Magnet Grades 9-12
6
/10
Northview Senior Academy
2719 Northview Academy Ln
Distance between this listing and this school9.44 miles
The neighbors living near this home have an average income of $36,909. Most Strawberry Plains, TN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3112 Gibson Rd
What is the listing price of this property?
The listing price of 3112 Gibson Rd property is $119,900.
What type of property is this?
The property 3112 Gibson Rd is land located in Strawberry Plains, Tennessee, 37871.
Is this property for sale now?
Active Listing: 3112 Gibson Rd is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3112 Gibson Rd in Strawberry Plains, TN and zip code 37871. This home sits on a 5.03 acre lot. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $119,900.
While more than 2 listings in Strawberry Plains, TN in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below. In October 2024 in Strawberry Plains, TN there were 31.4% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $400,000, while the average time on the real estate market was 45 days.
From Rocket Homes Real Estate and based on county public records data.