242 Ellison Ln
Sharps Chapel, TN 37866
3 bd 2 ba 1,456 sqft Built 1976 Lot 225,205 sqft single_family
Most recent sale
$130,000
Jun 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 3, 2022 | Sold | $130,000 | MLS #1187960 |
| Apr 18, 2022 | Listed | $119,900 | MLS #1187960 |
| Mar 24, 2020 | Price changed | $124,900 | MLS #1107279 |
| Feb 7, 2020 | Listed | $129,900 | MLS #1107279 |
| Mar 8, 2010 | Sold | $111,300 | Public Record |
| Nov 6, 2009 | Listing removed | $115,900 | EastTennessee |
| Nov 3, 2009 | Listed | $115,900 | MLS #688981 |
| Oct 2, 2009 | Listing removed | $115,900 | EastTennessee |
| Aug 12, 2009 | Price changed | $115,900 | MLS #661141 |
| Aug 1, 2009 | Price changed | $119,900 | MLS #661141 |
| Jul 15, 2009 | Price changed | $139,900 | MLS #661141 |
| Apr 16, 2009 | Listed | $142,000 | MLS #661141 |
| Oct 29, 2007 | Sold | $85,960 | Public Record |
| Oct 20, 2006 | Sold | $24,934 | Public Record |
| Oct 4, 2006 | Sold | $182,157 | Public Record |
| Sep 29, 2006 | Sold | $236,560 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $34,975 | $664 |
| 2024 | — | — | $34,975 | $664 |
| 2023 | — | — | $34,975 | $664 |
| 2022 | — | — | $34,975 | $556 |
| 2021 | — | — | $27,100 | $580 |
| 2020 | — | — | $30,775 | $659 |
| 2019 | — | — | $30,775 | $659 |
| 2018 | — | — | $30,775 | $659 |
| 2017 | — | — | $30,775 | $659 |
| 2016 | — | — | $29,200 | $634 |
| 2015 | — | — | $29,200 | $634 |
| 2014 | — | — | $29,200 | $523 |
| 2013 | — | — | $29,200 | $523 |
| 2012 | — | — | $29,200 | $523 |
| 2011 | — | — | $32,075 | $574 |
| 2010 | — | — | $32,075 | $574 |
| 2009 | — | — | $32,075 | $574 |
| 2008 | — | — | $32,075 | $574 |
| 2007 | — | — | $32,075 | $574 |
Property facts
Year built
1976
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,456 sqft
Lot size
225,205 sqft
ZIP code
37866
City
Sharps Chapel
Street
Ellison Ln
Coordinates
36.35304, -83.86921
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$780
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 242 Ellison Ln last sell?
242 Ellison Ln most recently sold on Jun 3, 2022 for $130,000.
What is the current tax assessment for 242 Ellison Ln?
The most recent total assessment for 242 Ellison Ln (year 2025) is $34,975 with $664 in property tax.
How does 242 Ellison Ln's assessment compare to its last sale price?
The current assessment is 73.1% below the last sale price of $130,000.
When was 242 Ellison Ln built?
242 Ellison Ln was built in 1976.
How does 242 Ellison Ln compare to others on Ellison Ln?
We track 5 other properties on Ellison Ln. Browse the list under "Other properties on Ellison Ln" to compare beds, baths, and sale history.
What are the property facts for 242 Ellison Ln?
242 Ellison Ln is a 3 bed, 2 bath, 1,456 sqft, 225,205 sqft lot single_family.
Is 242 Ellison Ln a flip candidate?
No — 242 Ellison Ln does not appear in our flips dataset.
Is 242 Ellison Ln a tax-appeal candidate?
No — 242 Ellison Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+7.1%
Implied 1-yr
+28.2%
2026 Q3
$390.4K
2026 Q4
$390.4K
ZIP 37866 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Ellison Ln