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163 Sourwood Lakes Rd

Tellico Plains, TN 37385

3 bd 3 ba 2,239 sqft Built 2015 Lot 130,244 sqft single_family
Most recent sale
$495,000
Aug 31, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 4, 2026 Sold $470,000 EastTennessee
Jun 28, 2024 Price changed $469,900 EastTennessee
May 23, 2024 Price changed $471,900 EastTennessee
May 10, 2024 Price changed $474,900 EastTennessee
Apr 20, 2024 Price changed $484,900 EastTennessee
Mar 11, 2024 Price changed $489,900 EastTennessee
Feb 22, 2024 Price changed $499,900 EastTennessee
Jan 24, 2024 Price changed $519,900 EastTennessee
Jan 11, 2024 Listed $530,000 EastTennessee
Aug 31, 2023 Sold $495,000 EastTennessee
Sep 8, 1988 Sold $33,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $41,400 $927
2021 $37,350 $927
2020 $37,350 $836
2019 $37,350 $739
2018 $37,350 $739
2017 $35,550 $744
2016 $2,375 $50
2015 $2,375 $50
2014 $2,375 $50
2013 $2,375 $50
2012 $2,675 $52
2011 $2,675 $52
2010 $2,675 $42
2009 $2,675 $42
2008 $2,675 $42
2007 $2,850 $58

Property facts

Year built
2015
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,239 sqft
Lot size
130,244 sqft
ZIP code
37385
City
Tellico Plains
Street
Sourwood Lakes Rd
Coordinates
35.31024, -84.29191

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
$3,359
Gross rental yield
8.14%
Implied cap rate
5.29%
Trend-extrapolated value

Frequently asked questions

When did 163 Sourwood Lakes Rd last sell?
163 Sourwood Lakes Rd most recently sold on Aug 31, 2023 for $495,000.
What is the current tax assessment for 163 Sourwood Lakes Rd?
The most recent total assessment for 163 Sourwood Lakes Rd (year 2022) is $41,400 with $927 in property tax.
How does 163 Sourwood Lakes Rd's assessment compare to its last sale price?
The current assessment is 91.6% below the last sale price of $495,000.
When was 163 Sourwood Lakes Rd built?
163 Sourwood Lakes Rd was built in 2015.
How does 163 Sourwood Lakes Rd compare to others on Sourwood Lakes Rd?
We track 5 other properties on Sourwood Lakes Rd. Browse the list under "Other properties on Sourwood Lakes Rd" to compare beds, baths, and sale history.
What are the property facts for 163 Sourwood Lakes Rd?
163 Sourwood Lakes Rd is a 3 bed, 3 bath, 2,239 sqft, 130,244 sqft lot single_family.
Is 163 Sourwood Lakes Rd a flip candidate?
No — 163 Sourwood Lakes Rd does not appear in our flips dataset.
Is 163 Sourwood Lakes Rd a tax-appeal candidate?
No — 163 Sourwood Lakes 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
+1.7%
Implied 1-yr
+6.9%
2026 Q3
$341.8K
2026 Q4
$347.1K
ZIP 37385 — Median Price History + Forecast

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