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502 Wallace Ave, Rocky Top, TN, 37769

$240,000

Home List Price

$2,850*

Closing Credit

3 Bedrooms
3 Full Baths
1,484 SqFt
$162/SqFt
House

Location

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502 Wallace Ave, Lake City$240,000

Buyer Closing Credits

$2,850*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingAttached, Main Level, Off-Street Parking
Attached GarageYes
Year Built1960
HeatingCentral, Natural Gas
CoolingCentral Air, Ceiling Fan(s)
FireplaceNone
MLS #1281393
Lot Size0.24 Acres
StatusActive

About 502 Wallace Ave

Nestled in the heart of Rocky Top, this charming home at 502 Wallace Ave is perfect for those seeking a mix of comfort and convenience. This property offers a cozy layout with an open living area that invites plenty of natural light, giving it a bright and airy feel. The kitchen is well-equipped and ready for your culinary adventures, featuring ample cabinetry and counter space. Step outside to a spacious yard, ideal for relaxation or hosting gatherings with friends and family. With close proximity to local amenities, parks, and easy access to nearby highways, this home is a fantastic choice for both relaxation and commuting. Ready to make Rocky Top your home? This property could be the perfect fit!

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1960
  • Living Area: 1,484 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (865) 694-5904

Interior Features

Interior Information:

  • Appliances: Microwave, Range
  • Basement: No
  • Flooring Type: Carpet, Vinyl
  • Interior: Island in Kitchen, Pantry, Walk-In Closet(s), Eat-in Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Windows - Storm, Deck

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Main Level, Off-Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Knoxville, go North on I -75, take Exit 128 (Rocky Top) toward town. At red light, go straight. Home will be on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $240,000
  • Price Per SqFt: $162/SqFt

Tax Information:

  • Annual Amount: $902
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1281393

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (865) 694-5904

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: 11/15/2024, 10:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 05, 2021Home Sold
$147,000
Mar 20, 2017Home Sold
$85,100
May 07, 1991Home Sold
$25,000
Mar 17, 1991Home Sold
$25,000

Tax History

YEARPROP. TAXASSESSMENT
2020$902$23,400
2019$901$18,825
2018$902$18,825
2017$927$18,825

History based on county public records data.

Payment Calculator

$1,265

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$786

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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-326792
4
/10

  • Lake City Elementary School

  • 402 Lindsay Ave

  • 0.68 miles

  • Public District Grades PK-5

school-card-donut-326793
5
/10

  • Briceville Elementary School

  • 103 Slatestone Rd

  • 3.82 miles

  • Public District Grades PK-5

school-card-donut-326794
7
/10

  • Norris Elementary School

  • 42 E Circle Rd

  • 5.59 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 $41,392. The most common annual income of people living in Anderson County, TN is less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 502 Wallace Ave

What is the listing price of this property?

The listing price of 502 Wallace Ave property is $240,000.

What type of property is this?

The property 502 Wallace Ave is a house located in Rocky Top, Tennessee, 37769.

Is this property for sale now?

Active Listing: 502 Wallace Ave 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 $902 (source: MLS/based on county public records data).

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

The last sale was on August 5, 2021 for $147,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 502 Wallace Ave has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 502 Wallace Ave is 1,484 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 502 Wallace Ave is 1960.

Rocket Homes›Tennessee›Anderson County›Lake City›37769›502 Wallace Ave

This home is located at 502 Wallace Ave in Rocky Top, TN and zip code 37769 in the North Coal Creek neighborhood. This 1,484 square foot home, which was built in 1960, sits on a 0.24 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 02, 2024 and is currently priced at $240,000.

Over 11 listings were sold over their listed price in October 2024 in Anderson County, TN. In the same period over 35 listings were sold below the listed price and 30 listings were sold for the listed price. The number of listings in Anderson County, TN decreased by 3.7% between September 2024 and October 2024. While the average time on the market in October 2024 was 40 days, the median list price was $335,000.

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

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