21 days on rocket

377 Payne Rd, Tellico Plains, TN, 37385

$1,225,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
3 Full Baths
2,132 SqFt
$575/SqFt
House

Location

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377 Payne Rd, Tellico Plains$1,225,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingAttached, Carport, Basement
Attached Garage2 spaces
Year Built2000
HeatingCentral, Propane, Other, Electric
CoolingCentral Air
BasementYes
WaterfrontCreek
FireplaceNone
ViewMountain(s)
MLS #1283603
Lot Size56.30 Acres
StatusActive

About 377 Payne Rd

Escape to your own private retreat in Tellico Plains, where this 2-bedroom, 3-bathroom log cabin sits on over 50 acres of private, serene countryside. Built in 2000, this home offers a thoughtful layout with 2 bedrooms and 2 bathrooms on the main level, plus a finished basement featuring a versatile office that could be converted into a third bedroom and a third full bathroom along with a cozy media room equipped with built in surround sound speakers. The wraparound deck takes full advantage of the property's million-dollar, 180-degree views of the Unicoi and Smoky Mountains. These breathtaking views can be enjoyed year-round from both the living room and outdoor spaces, making every season unforgettable. A sunroom, equipped with a mini-split system, adds to the home's comfort and charm, while a tankless water heater and propane-powered stove, dryer, and heating system make this home efficient and low-maintenance. The property boasts an array of features, including a 30x50 metal barn with an 8-foot concrete apron and a metal carport plus a picturesque wooden barn. A 2,000 foot paved driveway winds through the property, which also includes a perennial garden with a bell sculpture, nine blueberry bushes producing up to 80 pounds annually, and trails for hiking or exploring. Protected by a conservation easement with the Foothills Land Conservancy, the 56-acre estate showcases old-growth trees, wildlife habitat, three springs, two creeks, and sweeping fields. The easement allows for an additional home, barn, and outbuildings to be constructed on a designated 5-acre tract, offering potential for future expansion while preserving the land's natural beauty. This meticulously maintained home combines peace, privacy, and stunning surroundings, making it the ideal retreat for nature lovers or anyone seeking an escape from the ordinary. Just minutes from Tellico Plains' picturesque downtown & from the Cherokee National Forest with hiking, fishing, camping & kayaking. *Buyer to verify all information.

Property Details

Property Features

Property Information:

  • Architectural Style: Log
  • Year Built: 2000
  • Living Area: 2,132 SqFt

Listing Office:

  • Office Name: Realty Executives Main Street
  • Office Phone: (423) 836-9494

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Oven, Microwave, Refrigerator, Washer, Other
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Cathedral Ceiling(s), Eat-in Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Creek
  • View: Mountain(s)
  • Exterior: Windows - Vinyl, Windows - Insulated, Porch - Covered, Prof Landscaped, Deck

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Carport, Basement

Virtual/3D Tour

  • Virtual Tour: 377 Payne Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot: Creek, Private, Irregular Lot, Rolling/Hilly
  • Lot Size: 56.30 Acres

Utilities

Utilities Information:

  • Heating: Central, Propane, Other, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From New Hwy 68, turn onto Reagan Valley Road and travel 3.0 miles, then right onto Payne Road for approximately 0.3 miles (stay right at the split) the property will be on the right hand side at the red gate.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,225,000
  • Price Per SqFt: $575/SqFt

Tax Information:

  • Annual Amount: $1,277
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Tellico Plains, TN.

Med. Sold Price

$259K

Med. Price/SqFt

$177

Avg. Days On Market

51

# of Sold Homes

7

377 Payne Rd vs Tellico Plains

21 DAYS ON ROCKET

-30 Days

$1,225,000

+$965.9K More

$575/SqFt

+$397 More

KEY TAKEAWAY

This property is $965.9K more than the Median Sold Price and $397/SqFt more than other homes in Tellico Plains, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1283603

Listing Office:

  • Office Name: Realty Executives Main Street
  • Office Phone: (423) 836-9494

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: 12/17/2024, 11:51:06 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

Jan 18, 1999Home Sold
$36,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,277$57,025
2019$1,062$53,650
2018$1,062$53,650
2017$1,063$50,775

History based on county public records data.

Payment Calculator

$6,181

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,739

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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-4281184
3
/10
  • Tellico Plains Elementary School

  • 121 Old High School Rd

  • 2.35 miles

  • Public District Grades PK-4

school-card-donut-4281185
5
/10
  • Madisonville Intermediate School

  • 1000 Green Rd

  • 8.96 miles

  • Public District Grades 3-5

school-card-donut-4281186
4
/10
  • Vonore Elementary School

  • 1135 Highway 411

  • 12.43 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,800. Typical income of Tellico Plains, TN residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 377 Payne Rd

What is the listing price of this property?

The listing price of 377 Payne Rd property is $1,225,000.

What type of property is this?

The property 377 Payne Rd is a house located in Tellico Plains, Tennessee, 37385.

Is this property for sale now?

Active Listing: 377 Payne 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 $1,277 (source: MLS/based on county public records data).

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

The last sale was on January 18, 1999 for $36,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 377 Payne Rd has 2 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 377 Payne Rd is 2,132 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 377 Payne Rd is 2000.

Rocket HomesTennesseeMonroe CountyTellico Plains37385377 Payne Rd

This home is located at 377 Payne Rd in Tellico Plains, TN and zip code 37385. This 2,132 square foot home, which was built in 2000, sits on a 56.30 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $1,225,000.

In November 2024, from all listings sold in Tellico Plains, TN there were more than 1 sold above asking price, over 3 sold below and more than 3 were sold right at the asked price. The number of homes for sale in Tellico Plains, TN increased by 2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $259,050, while the average time on the real estate market was 51 days.

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

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