5 months on rocket

500 Old Pencil Mill Rd, Chapel Hill, TN, 37034

$2,850,000

4 Bedrooms
3 Full Baths, 2 Partial
3,301 SqFt
$863/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage8 spaces
Year Built2006
HeatingHeat Pump
CoolingCentral Air
BasementYes
MLS #2668390
Lot Size90.00 Acres
StatusActive

About 500 Old Pencil Mill Rd

Welcome to 90 acres of private paradise. Four bedroom, 3 full bath & 2 half bath home in excellent condition. Farmable land, currently leasing 40 acres. 3 additional pastures. Huge 40x60 detached shop/garage with 200 amp service, gas heater , 13' 6" door and two 20ft wide lean-to's. Mixture of woods and pasture. Clem Creek runs through property. Over 500 sq ft of potential expandable space in the attic. Solid poured concrete walls in basement offer a safe place during storms. Encapsulated crawl space. See additional feature sheet for more features! Please make an appointment with an agent to see. Be sure to view the virtual tour and aerial tour.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2006
  • Living Area: 3,301 SqFt

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS
  • Office Phone: (615) 895-9518
  • Listing Agent: Amy Peterson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal
  • Basement: Yes
  • Flooring Type: Finished Wood, Tile
  • Interior: Ceiling Fan(s), Extra Closets, High Ceilings, Pantry, Storage, Primary Bedroom Main Floor, High Speed Internet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Garage Door Opener, Storage

Parking Information:

  • Garage Space: 8 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 90.00 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Heading S on US Hwy 41A N, turn Right onto Unionville Chapel Hill Rd and make immediate left on Hall Mill Rd, Right Old Pencil Mill Rd,

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,850,000
  • Price Per SqFt: $863/SqFt

Tax Information:

  • Annual Amount: $3,188
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Chapel Hill, TN.

Med. Sold Price

$386.2K

Med. Price/SqFt

$238

Avg. Days On Market

50

# of Sold Homes

9

500 Old Pencil Mill Rd vs Chapel Hill

168 DAYS ON ROCKET

+118 Days

$2,850,000

+$2.4M More

$863/SqFt

+$625 More

KEY TAKEAWAY

This property is $2.4M more than the Median Sold Price and $625/SqFt more than other homes in Chapel Hill, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2668390

Listing Office:

  • Office Name: Crye-Leike, Inc., REALTORS
  • Office Phone: (615) 895-9518
  • Listing Agent: Amy Peterson

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 1:18:53 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

Jul 19, 2019Home Sold
$166,549

Tax History

YEARPROP. TAXASSESSMENT
2020$3,188$153,575
2019$3,068$119,850
2018$3,068$119,850
2017$3,020$119,850

History based on county public records data.

Payment Calculator

$14.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,611

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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-3518081
6
/10
  • Community Elementary School

  • 3480 Highway 41A N

  • 0.93 miles

  • Public District Grades KG-5

school-card-donut-3518082
4
/10
  • Chapel Hill Elementary School

  • 415 S Horton Pkwy

  • 5.86 miles

  • Public District Grades PK-3

school-card-donut-3518083
8
/10
  • Thomas Magnet School

  • 515 Tate Ave

  • 11.27 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,858. Most Chapel Hill, TN residents have annual incomes between $35k-100k. The majority of families are 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 500 Old Pencil Mill Rd

What is the listing price of this property?

The listing price of 500 Old Pencil Mill Rd property is $2,850,000.

What type of property is this?

The property 500 Old Pencil Mill Rd is a house located in Chapel Hill, Tennessee, 37034.

Is this property for sale now?

Active Listing: 500 Old Pencil Mill 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 $3,188 (source: MLS/based on county public records data).

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

The last sale was on July 19, 2019 for $166,549. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 500 Old Pencil Mill Rd has 4 bedrooms and 3 full and 2 half bathrooms.

What is the square footage of this property?

The property 500 Old Pencil Mill Rd is 3,301 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Old Pencil Mill Rd is 2006.
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Rocket HomesTennesseeBedford CountyChapel Hill37034500 Old Pencil Mill Rd

This home is located at 500 Old Pencil Mill Rd in Chapel Hill, TN and zip code 37034. This 3,301 square foot home, which was built in 2006, sits on a 90.00 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 17, 2024 and is currently priced at $2,850,000.

While more than 1 listings in Chapel Hill, TN in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 7 were sold below. The inventory of homes for sale in Chapel Hill, TN between October 2024 and November 2024 decreased by 11.7%. In November 2024 median list price was $386,250 and the average listing age was 50 days.

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

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