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501 Wallace Rd

Luttrell, TN 37779

3 bd 2 ba 1,279 sqft Built 1967 Lot 99,317 sqft single_family
Most recent sale
$250,000
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2022 Sold $250,000 MLS #1185531
Mar 29, 2022 Listed $219,900 MLS #1185531
Dec 18, 2020 Sold $38,000 MLS #1106956

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1967
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,279 sqft
Lot size
99,317 sqft
ZIP code
37779
City
Luttrell
Street
Wallace Rd
Coordinates
36.19457, -83.80686

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,919
Gross rental yield
9.21%
Implied cap rate
5.99%
Trend-extrapolated value

Frequently asked questions

When did 501 Wallace Rd last sell?
501 Wallace Rd most recently sold on May 20, 2022 for $250,000.
What is the current tax assessment for 501 Wallace Rd?
No tax-assessment history is recorded for this parcel.
When was 501 Wallace Rd built?
501 Wallace Rd was built in 1967.
How does 501 Wallace Rd compare to others on Wallace Rd?
We track 8 other properties on Wallace Rd. Browse the list under "Other properties on Wallace Rd" to compare beds, baths, and sale history.
What are the property facts for 501 Wallace Rd?
501 Wallace Rd is a 3 bed, 2 bath, 1,279 sqft, 99,317 sqft lot single_family.
Is 501 Wallace Rd a flip candidate?
Yes — 501 Wallace Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 501 Wallace Rd a tax-appeal candidate?
No — 501 Wallace Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.1%
Implied 1-yr
+8.5%
2026 Q1
$259.3K
2026 Q2
$264.2K
ZIP 37779 — Median Price History + Forecast

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