3 months on rocket

7701 Clapps Chapel Rd, Corryton, TN, 37721

$475,000

Home List Price

$5,641*

Closing Credit

5 Bedrooms
5 Full Baths
3,852 SqFt
$123/SqFt
House

Location

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7701 Clapps Chapel Rd, Corryton$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingGarage Door Opener, Attached, Basement, RV Parking, Side/Rear Entry, Off-Street Parking
Attached Garage1 space
Year Built1967
HeatingCentral, Heat Pump, Electric
CoolingCentral Air, Ceiling Fan(s)
BasementYes
FireplaceVentless, Gas Log
MLS #1270141
Lot Size1.29 Acres
StatusActive

About 7701 Clapps Chapel Rd

INVESTMENT OPPORTUNITY AWAITS!!! Discover a unique cash flow investment property with endless opportunities for exceptional rental income potential. This distinctive property includes 3-bedroom 3 bath brick basement rancher, a 2-bedroom cottage, and a studio apartment that sits on 1.29 acres. The main feature of this property is a spacious 3-bedroom basement rancher. This unit offers a generous living area with plenty of room for relaxation and entertainment. Additional rooms downstairs could be used for bedrooms and home offers potential for a mother-in-law suite and has extra storage. Connected to the main home is a well-appointed studio apartment. This compact yet efficient unit boasts an open-plan layout that includes a sleeping area, a small kitchenette, and a bathroom. Ideal for single professionals or students, this studio provides a private retreat with all the essentials. On the property is a cozy cottage that is perfect for small families or couples seeking a private and comfortable living space. Outside, the property continues to impress. The large yard provides ample space for outdoor activities, gardening, or simply enjoying the serene environment. The fenced-in backyard ensures privacy and security, making it a perfect haven for families and pets. The highlight of the outdoor space is the inviting pool and spacious patio area, ideal for lounging, entertaining, and enjoying warm summer days. This is a rare find with unlimited potential.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1967
  • Living Area: 3,852 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Range, Refrigerator, Self Cleaning Oven
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Vinyl, Tile
  • Interior: Walk-In Closet(s), Eat-in Kitchen
  • Fireplace: Ventless, Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Windows - Wood, Windows - Storm, Fence - Wood, Patio, Pool - Swim (Ingrnd), Porch - Covered, Porch - Screened, Fence - Chain, Deck, Cable Available (TV Only)

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Garage Door Opener, Attached, Basement, RV Parking, Side/Rear Entry, Off-Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 1.29 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Gibbs High School, Public District Grades 9-12
  • Holston Middle School, Public District Grades 6-8
  • Gibbs Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Broadway to tazewell pk go bout 10 miles to rt.on emory, go 8/10 mile to left clapps chapel then 3/10 to sign on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
  • Price Per SqFt: $123/SqFt

Tax Information:

  • Annual Amount: $1,268
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Corryton, TN.

Med. Sold Price

$324K

Med. Price/SqFt

$189

Avg. Days On Market

21

# of Sold Homes

12

7701 Clapps Chapel Rd vs Corryton

104 DAYS ON ROCKET

+83 Days

$475,000

+$150.9K More

$123/SqFt

-$67 Less

KEY TAKEAWAY

This property is $150.9K more than the Median Sold Price and $67/SqFt less than other homes in Corryton, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1270141

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: 10/31/2024, 10:20:56 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

Aug 23, 2006Home Sold
$197,100
Oct 05, 1999Home Sold
$23,135
Oct 10, 1995Home Sold
$82,600
Jun 29, 1995Home Sold
$14,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,268$59,825
2019$1,268$59,825
2017$1,268$59,825

History based on county public records data.

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$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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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.

Elementary School

school-card-donut-874566
5
/10
  • Gibbs Elementary School

  • 7715 Tazewell Pike

  • 0.96 miles

  • Public District Grades PK-5

Middle School

school-card-donut-874567
4
/10
  • Holston Middle School

  • 600 N Chilhowee Dr

  • 7.98 miles

  • Public District Grades 6-8

High School

school-card-donut-874568
5
/10
  • Gibbs High School

  • 7628 Tazewell Pike

  • 0.66 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,835. Most Corryton, TN residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7701 Clapps Chapel Rd

What is the listing price of this property?

The listing price of 7701 Clapps Chapel Rd property is $475,000.

What type of property is this?

The property 7701 Clapps Chapel Rd is a house located in Corryton, Tennessee, 37721.

Is this property for sale now?

Active Listing: 7701 Clapps Chapel Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7701 Clapps Chapel Rd are:
Gibbs Elementary School: GreatSchools Rating 5/10
Holston Middle School: GreatSchools Rating 4/10
Gibbs High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,268 (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 23, 2006 for $197,100. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7701 Clapps Chapel Rd has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 7701 Clapps Chapel Rd is 3,852 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7701 Clapps Chapel Rd is 1967.

Rocket HomesTennesseeKnox CountyCorryton377217701 Clapps Chapel Rd

This home is located at 7701 Clapps Chapel Rd in Corryton, TN and zip code 37721 in the Chapel Bend neighborhood. This 3,852 square foot home, which was built in 1967, sits on a 1.29 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 19, 2024 and is currently priced at $475,000.

While more than 4 listings in Corryton, TN in September 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 6 were sold below. The inventory of homes for sale in Corryton, TN between August 2024 and September 2024 decreased by 3.8%. The median list price of listings available in September 2024 was $324,084, while the average time on the real estate market was 21 days.

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

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