2 months on rocket

531 Gamble Gap Rd, Tellico Plains, TN, 37385

$299,950

Home List Price

$3,562*

Closing Credit

2 Bedrooms
2 Full Baths
1,392 SqFt
$215/SqFt
House

Location

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531 Gamble Gap Rd, Tellico Plains$299,950

Buyer Closing Credits

$3,562*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Garage2 spaces
Year Built1999
HeatingHeat Pump, Propane
CoolingCentral Air, Ceiling Fan(s)
FireplaceGas Log
MLS #1277146
Lot Size4.70 Acres
StatusActive

About 531 Gamble Gap Rd

Welcome to the epitome of comfortable country living with a view! Capturing a mesmerizing view of the Tellico Mountains, this spacious 2 bedroom, 2 bathroom single level house sits on a cleared and level 4.7 acres of non-restricted land! The oversized 2-car attached garage and covered front porch stand as a testament to the home's easy living. Boasting a large open concept layout, there's plenty of room to entertain guests or simply unwind in style. Step into a beautiful living area with cathedral wood plank ceilings and cozy gas fireplace, complete with many windows that brighten the entire family area. Continue forward to the heart of the home, where you'll find a beautiful kitchen boasting a ton of white cabinetry, a butcher block countertops, breakfast bar and custom backsplash. Picture yourself enjoying morning coffee on the charming covered rear deck or hosting gatherings in the dining room offering effortless indoor/outdoor living. Retreat to the primary suite, where the split bedroom layout separates the two bedrooms for maximum privacy. The ensuite bathroom's walk-in closet and shower awaits your indulgence. Meanwhile, the second bedroom offer versatility for guests, family, or even a home office, ensuring everyone finds their perfect space. This bedroom sits directly across from the second full bath complete with tub/shower combo and its own walk-in closet. A large linen closet in the hallway adds extra storage for the home. This fantastic residence offers a quint rustic feel with ample privacy. For anyone with a penchant for organic fare, you'll find the property is host to apple and walnut trees, as well as blueberry bushes. It will sure be a treat to cook/bake with produce grown on your own land! Since this landscape faces a scenic mountain setting, the charm of this exceptional residence is amplified tenfold. And recently updated a brand new central air with a 10yr warranty. Inquire Today!! Buyer to verify all information.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1999
  • Living Area: 1,392 SqFt

Listing Office:

  • Office Name: Hometown Realty, LLC
  • Office Phone: (865) 693-7653

Interior Features

Interior Information:

  • Appliances: Gas Oven, Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Vinyl, Tile
  • Interior: Cathedral Ceiling(s), Pantry, Walk-In Closet(s)
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Windows - Vinyl, Porch - Covered

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot: Irregular Lot, Level
  • Lot Size: 4.70 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Propane
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Tellico Plains, TN head toward Scott St on Cherohala Skwy (TN-165). Go for 0.4 mi. Turn left onto Cherohala Skwy (TN-165). Go for 0.2 mi. Turn right onto New Highway 68 (TN-68 S) toward Madisonville. Go for 3.2 mi. Turn left onto Mt Harmony Rd. Go for 1.0 mi. Arrive at 531 Gamble Gap Rd Tellico Plains, TN 37385.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,950
  • Price Per SqFt: $215/SqFt

Tax Information:

  • Annual Amount: $755
  • 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

531 Gamble Gap Rd vs Tellico Plains

64 DAYS ON ROCKET

-21 Days

$299,950

+$34.9K More

$215/SqFt

+$36 More

KEY TAKEAWAY

This property is $34.9K more than the Median Sold Price and $36/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: #1277146

Listing Office:

  • Office Name: Hometown Realty, LLC
  • Office Phone: (865) 693-7653

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: 11/23/2024, 11:20:55 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

May 05, 2021Home Sold
$170,000

Tax History

YEARPROP. TAXASSESSMENT
2020$755$33,700
2019$667$33,700
2018$667$33,700
2017$668$32,400

History based on county public records data.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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-1010876
3
/10

  • Tellico Plains Elementary School

  • 121 Old High School Rd

  • 2.15 miles

  • Public District Grades PK-4

school-card-donut-1010877
5
/10

  • Madisonville Intermediate School

  • 1000 Green Rd

  • 10.86 miles

  • Public District Grades 3-5

school-card-donut-1010878
6
/10

  • Westside Elementary School

  • 700 Westside St

  • 15.46 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,588. Residents of Tellico Plains, TN typically earn less than $35k each year. The most common type of family is married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 531 Gamble Gap Rd

What is the listing price of this property?

The listing price of 531 Gamble Gap Rd property is $299,950.

What type of property is this?

The property 531 Gamble Gap Rd is a house located in Tellico Plains, Tennessee, 37385.

Is this property for sale now?

Active Listing: 531 Gamble Gap 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 $755 (source: MLS/based on county public records data).

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

The last sale was on May 5, 2021 for $170,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 531 Gamble Gap Rd has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 531 Gamble Gap Rd is 1,392 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 531 Gamble Gap Rd is 1999.

Rocket Homes›Tennessee›Monroe County›Tellico Plains›37385›531 Gamble Gap Rd

This home is located at 531 Gamble Gap Rd in Tellico Plains, TN and zip code 37385. This 1,392 square foot home, which was built in 1999, sits on a 4.70 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $299,950.

While more than 1 listings in Tellico Plains, TN in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below. In October 2024 in Tellico Plains, TN there were 6.1% more homes for sale than in September 2024. In October 2024, listings were on the market for 85 days. During the same period, the median list price in this real estate market was $265,050.

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

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