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500 Old Furnace Rd, Tellico Plains, TN, 37385

$314,900

Home List Price

$3,739*

Closing Credit

2 Bedrooms
1 Full Bath
800 SqFt
$394/SqFt
House

Location

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500 Old Furnace Rd, Tellico Plains$314,900

Buyer Closing Credits

$3,739*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingNone
Garage1 space
Year Built1989
HeatingCentral, Forced Air, Electric
CoolingCentral Air
FireplaceWood Burning Stove
ViewMountain(s)
MLS #1278540
Lot Size1.84 Acres
StatusActive

About 500 Old Furnace Rd

Cozy and filled with charm! A peaceful log cabin home freshly stained that sits in the woods with seasonal views and only steps away from the Cherokee National Forest. Plenty of freshly painted decking to relax and unwind as well as for outdoor activities and BBQ s. This cozy cabin has new luxury vinyl flooring . A lovely weekend retreat or a starter home for a new family. Two bedrooms, one bath with open living/kitchen/dining area. Small storage shed and carport. Not to mention a beautiful hot tub to unwind at the end of the day. Oh and let's not forget to jump into the outside shower house before getting into the hot tub !!!All appliances included. Also a bonus room seperate from the home with a half bath . That bonus room was not included in total square footage . Also a 1 car garage with storage up top and a carport . Storage shed with power as well !

Property Details

Property Features

Property Information:

  • Architectural Style: Log, Traditional
  • Year Built: 1989
  • Living Area: 800 SqFt

Listing Office:

  • Office Name: Tellico Mountain Realty, LLC
  • Office Phone: (423) 253-6145

Interior Features

Interior Information:

  • Appliances: Microwave, Range, Refrigerator
  • Basement: No
  • Flooring Type: Laminate, Vinyl
  • Interior: Cathedral Ceiling(s)
  • Fireplace: Wood Burning Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Windows - Wood, Deck

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Wooded, Rolling/Hilly
  • Lot Size: 1.84 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Hardees in Tellico Plains go 68 S to L on Old Furnace RD. go 1.3 mi. to R at mail box, 1st house on R SOP

Price Information

Listing Price Info

Price Summary:

  • List Price: $314,900
  • Price Per SqFt: $394/SqFt

Tax Information:

  • Annual Amount: $661
  • Tax Year: 2020
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Housing Market Comparison

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

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Tellico Plains, TN

City

Med. Sold Price

$265K

Med. Price/SqFt

$179

Avg. Days On Market

85

# of Sold Homes

4

500 Old Furnace Rd vs Tellico Plains

40 DAYS ON ROCKET

-45 Days

$314,900

+$49.8K More

$394/SqFt

+$215 More

KEY TAKEAWAY

This property is $49.8K more than the Median Sold Price and $215/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: #1278540

Listing Office:

  • Office Name: Tellico Mountain Realty, LLC
  • Office Phone: (423) 253-6145

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: 11/13/2024, 11:50:55 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

Nov 23, 2015Home Sold
$115,000
Oct 28, 2011Home Sold
$120,000
Jun 03, 2005Home Sold
$95,000
Apr 11, 2002Home Sold
$70,000
Mar 24, 1994Home Sold
$45,000
Sep 14, 1993Home Sold
$34,262

Tax History

YEARPROP. TAXASSESSMENT
2020$661$29,500
2019$584$29,500
2018$584$29,500
2017$535$25,550

History based on county public records data.

Payment Calculator

$1,639

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,011

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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-515521
3
/10

  • Tellico Plains Elementary School

  • 121 Old High School Rd

  • 5.97 miles

  • Public District Grades PK-4

school-card-donut-515522
5
/10

  • Madisonville Intermediate School

  • 1000 Green Rd

  • 17.07 miles

  • Public District Grades 3-5

school-card-donut-515523
6
/10

  • Murphy Elementary School

  • 315 Valley River Ave

  • 19.95 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,860. The majority of Tellico Plains, TN residents have income 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 500 Old Furnace Rd

What is the listing price of this property?

The listing price of 500 Old Furnace Rd property is $314,900.

What type of property is this?

The property 500 Old Furnace Rd is a house located in Tellico Plains, Tennessee, 37385.

Is this property for sale now?

Active Listing: 500 Old Furnace 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 $661 (source: MLS/based on county public records data).

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

The last sale was on November 23, 2015 for $115,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 500 Old Furnace Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 500 Old Furnace Rd is 800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Old Furnace Rd is 1989.

Rocket Homes›Tennessee›Monroe County›Tellico Plains›37385›500 Old Furnace Rd

This home is located at 500 Old Furnace Rd in Tellico Plains, TN and zip code 37385. This 800 square foot home, which was built in 1989, sits on a 1.84 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $314,900.

In October 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 0 were sold right at the asked price. The number of listings in Tellico Plains, TN increased by 6.1% between September 2024 and October 2024. While the average time on the market in October 2024 was 85 days, the median list price was $265,050.

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

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