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8559 New Highway 68, Tellico Plains, TN, 37385

$299,000

Home List Price

$3,551*

Closing Credit

3 Bedrooms
2 Full Baths
1,200 SqFt
$249/SqFt
House

Location

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8559 New Highway 68, Tellico Plains$299,000

Buyer Closing Credits

$3,551*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1994
HeatingCentral
CoolingCentral Air
FireplaceNone
MLS #1285254
Lot Size3.58 Acres
StatusActive

About 8559 New Highway 68

This property presents an excellent opportunity to own a prime piece of real estate in a sought-after location. The 3-bedroom, 2-bath manufactured home, complete with a covered front porch and screened-in back porch, offers both comfort and functionality. Spanning 3.58 acres, the property features 227' of road frontage on New Hwy 68 and 254' of road frontage on Sink Hole Rd, providing great visibility and accessibility. Just minutes away from the growing town of Tellico Plains and a short drive to Madisonville, this location combines the convenience of rural living with easy access to small town amenities and endless mountain activities. Surrounded by both residential and commercial properties, the land is versatile and well-suited for either residential or business ventures. Whether you're looking for a peaceful home or a prime spot for your business, this property offers endless potential to help you achieve your goals.

Property Details

Property Features

Property Information:

  • Architectural Style: Manufactured
  • Year Built: 1994
  • Living Area: 1,200 SqFt

Listing Office:

  • Office Name: Blevins Grp, Realty Executives
  • Office Phone: (865) 999-4663

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Refrigerator
  • Basement: No
  • Flooring Type: Laminate, Carpet, Vinyl
  • Interior: Eat-in Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch - Covered, Porch - Screened

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 3.58 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take New Hwy 68 from Madisonville going toward Tellico Plains. Go approximately 10 miles. The property is on the left. SOP

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000
  • Price Per SqFt: $249/SqFt

Tax Information:

  • Annual Amount: $555
  • 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

$259K

Med. Price/SqFt

$177

Avg. Days On Market

51

# of Sold Homes

7

8559 New Highway 68 vs Tellico Plains

1 DAY ON ROCKET

-50 Days

$299,000

+$39.9K More

$249/SqFt

+$71 More

KEY TAKEAWAY

This property is $39.9K more than the Median Sold Price and $71/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: #1285254

Listing Office:

  • Office Name: Blevins Grp, Realty Executives
  • Office Phone: (865) 999-4663

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: 12/21/2024, 8:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$555$24,800
2019$473$23,875
2018$473$23,875
2017$505$24,100

History based on county public records data.

Payment Calculator

$1,560

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

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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-781869
3
/10

  • Tellico Plains Elementary School

  • 121 Old High School Rd

  • 1.15 miles

  • Public District Grades PK-4

school-card-donut-781870
5
/10

  • Madisonville Intermediate School

  • 1000 Green Rd

  • 10.11 miles

  • Public District Grades 3-5

school-card-donut-781871
4
/10

  • Vonore Elementary School

  • 1135 Highway 411

  • 14.15 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,800. Most Tellico Plains, TN residents have annual incomes less than $35k. Most families are 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 8559 New Highway 68

What is the listing price of this property?

The listing price of 8559 New Highway 68 property is $299,000.

What type of property is this?

The property 8559 New Highway 68 is a house located in Tellico Plains, Tennessee, 37385.

Is this property for sale now?

Active Listing: 8559 New Highway 68 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 $555 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8559 New Highway 68 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8559 New Highway 68 is 1,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8559 New Highway 68 is 1994.

Rocket Homes›Tennessee›Monroe County›Tellico Plains›37385›8559 New Highway 68

This home is located at 8559 New Highway 68 in Tellico Plains, TN and zip code 37385. This 1,200 square foot home, which was built in 1994, sits on a 3.58 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $299,000.

Over 1 listings were sold over their listed price in November 2024 in Tellico Plains, TN. In the same period over 3 listings were sold below the listed price and 3 listings were sold for the listed price. The inventory of homes for sale in Tellico Plains, TN between October 2024 and November 2024 increased by 2%. In November 2024, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $259,050.

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

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