708 Shumate Rd
Rutledge, TN 37861
3 bd 3 ba 2,544 sqft Built 1981 Lot 1,546,380 sqft single_family
Most recent sale
$475,000
Aug 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 26, 2022 | Sold | $475,000 | MLS #1197741 |
| Jul 1, 2022 | Listed | $475,000 | MLS #1197741 |
| Oct 18, 2009 | Listing removed | $199,900 | GreatSmokyMtns |
| Mar 31, 2009 | Listing removed | $249,900 | EastTennessee |
| Mar 30, 2009 | Listing removed | $249,900 | GreatSmokyMtns |
| Mar 26, 2009 | Listing removed | $249,900 | LakewayArea |
| Feb 24, 2009 | Listing removed | $249,900 | LakewayArea |
| Apr 1, 2008 | Listed | $249,900 | MLS #520150 |
| Mar 26, 2008 | Listed | $249,900 | MLS #139827 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $41,325 | $1,157 |
| 2019 | — | — | $41,325 | $1,157 |
| 2018 | — | — | $41,325 | $1,000 |
| 2017 | — | — | $41,325 | $1,000 |
| 2016 | — | — | $41,325 | $1,000 |
| 2015 | — | — | $42,375 | $1,064 |
| 2014 | — | — | $42,375 | $1,059 |
| 2013 | — | — | $42,375 | $1,059 |
| 2012 | — | — | $42,375 | $1,059 |
| 2011 | — | — | $42,375 | $1,059 |
| 2010 | — | — | $41,650 | $1,041 |
| 2009 | — | — | $41,650 | $1,058 |
| 2008 | — | — | $41,650 | $1,058 |
Property facts
Year built
1981
Property type
single_family
Stories
—
Beds
3
Baths
3
Living area
2,544 sqft
Lot size
1,546,380 sqft
ZIP code
37861
City
Rutledge
Street
Shumate Rd
Coordinates
36.23236, -83.56830
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,816
Gross rental yield
9.64%
Implied cap rate
6.27%
Trend-extrapolated value
—
Frequently asked questions
When did 708 Shumate Rd last sell?
708 Shumate Rd most recently sold on Aug 26, 2022 for $475,000.
What is the current tax assessment for 708 Shumate Rd?
The most recent total assessment for 708 Shumate Rd (year 2020) is $41,325 with $1,157 in property tax.
How does 708 Shumate Rd's assessment compare to its last sale price?
The current assessment is 91.3% below the last sale price of $475,000.
When was 708 Shumate Rd built?
708 Shumate Rd was built in 1981.
How does 708 Shumate Rd compare to others on Shumate Rd?
We track 1 other property on Shumate Rd. Browse the list under "Other properties on Shumate Rd" to compare beds, baths, and sale history.
What are the property facts for 708 Shumate Rd?
708 Shumate Rd is a 3 bed, 3 bath, 2,544 sqft, 1,546,380 sqft lot single_family.
Is 708 Shumate Rd a flip candidate?
No — 708 Shumate Rd does not appear in our flips dataset.
Is 708 Shumate Rd a tax-appeal candidate?
No — 708 Shumate Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.3%
Implied 1-yr
+17.0%
2026 Q3
$347.1K
2026 Q4
$358.7K
ZIP 37861 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Shumate Rd