Explore this 3-acre tract of land on Back Valley Rd., featuring convenient access and a substantial 60x100 metal building with a 20x50 attached covered shed. Ideal for parking large rigs, storing hay, or setting up a personal workshop, this property offers versatile use. It's also a great spot for boat storage, with Norris Lake and multiple docks and boat launches just a short drive away. This prime piece of land is unrestricted, making it perfect for building a home, or even placing an RV or mobile home right on this land.
Property Details
Property Features
Listing Office:
Office Name: Turn Key Realty
Office Phone: (423) 869-5111
Lot Features
Lot Information:
Lot: Rolling/Hilly, Corner Lot
Lot Size: 3.00 Acres
Other
Directions Information:
Directions: From Harrogate, Tennessee on US-25E S / TN-32 / Cumberland Gap Pkwy Turn onto TN-63 / Highway 63 Turn left onto Red Hill Road Turn right onto Back Valley Rd. Property is on the right at the corner of Back Valley Rd and Davis Creek Rd.
Price Information
Listing Price Info
Price Summary:
List Price: $225,000
Tax Information:
Annual Amount: $430
Tax Year: 2020
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 Speedwell, TN.
This property is $40K less than the Median Sold Price in Speedwell, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1273155
Listing Office:
Office Name: Turn Key Realty
Office Phone: (423) 869-5111
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,190
Per Month
Principal & Interest
$1,123
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
$741
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
Valley View Elementary School
1187 Old Middlesboro Hwy
Distance between this listing and this school10.71 miles
Public District Grades PK-5
2
/10
Middlesboro Elementary School
3400 Cumberland Ave
Distance between this listing and this school11.72 miles
Public District Grades PK-4
4
/10
Ellen Myers Primary School
275 Nettleton Rd
Distance between this listing and this school13.62 miles
Public District Grades PK-4
Nearby Schools
6
/10
Powell Valley Elementary School
255 Powell Valley School Ln
Distance between this listing and this school4.14 miles
Public District Grades KG-8
6
/10
Sharps Chapel Elementary School
1550 Sharps Chapel Rd
Distance between this listing and this school8.28 miles
Public District Grades PK-8
6
/10
Midway Elementary School
4411 Clouds Rd
Distance between this listing and this school8.82 miles
Public District Grades PK-8
Nearby Schools
5
/10
Cumberland Gap High School
661 Old Jacksboro Pike
Distance between this listing and this school10.72 miles
Public District Grades 9-12
3
/10
Middlesboro High School
4404 W Cumberland Ave
Distance between this listing and this school11.57 miles
Public District Grades 9-12
4
/10
Claiborne High School
815 Davis Dr
Distance between this listing and this school14.90 miles
The neighbors living near this home have an average income of $30,686. Typical income of Speedwell, TN residents is less than $35k annually. Residents typically live in married, no kids family. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3650 Back Valley Rd
What is the listing price of this property?
The listing price of 3650 Back Valley Rd property is $225,000.
What type of property is this?
The property 3650 Back Valley Rd is land located in Speedwell, Tennessee, 37870.
Is this property for sale now?
Active Listing: 3650 Back Valley 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 $430 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 22, 1988 for $18,000. (source: MLS/tax record).
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 3650 Back Valley Rd in Speedwell, TN and zip code 37870. This home sits on a 3.00 acre lot. It has been listed on Rocket Homes since August 16, 2024 and is currently priced at $225,000.
Speedwell, TN housing market in October 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 2 sold below. The number of homes for sale in Speedwell, TN decreased by 2.9% between September 2024 and October 2024. Listings spent 33 days on the market in October 2024, and had a median list price of $265,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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. 
NASCAR
NASCAR
Monster Trucks
Hunting
Dollar General
Wal-Mart
Academy Sports & Outdoors
Hardee's
Jimmy Johns
Applebees
GMC
Chevrolet
Ram
Classic Country
Oldies