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Sold for $525,000
  • $525,000

    1554 Old Parrottsville Hwy, Parrottsville, TN 37843

    6beds
    4,858sqft
    Multi Family, Single Family Residence, Residential
    Built in 1964
    -- sqft lot
    $477,800 Zestimate®
    $108/sqft
    $1,602 Estimated rent

    Home value

    $477,800

    $420,000 - $535,000

    $1,602/mo

    Zestimate® history
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    What's special

    Front porchSurrounded by mountainsHiking trailsUpdated kitchenBonus roomThree bedrooms
    Dual-Home Property in Beautiful Parrottsville - Income-Producing Airbnb + a main home! Whether you are looking for a multi-family, multi generational compound or looking to have your mortgage supplemented with the income from the back home, this property is perfect for you. Discover this unique dual-home property nestled in the breathtaking mountainous area of Parrottsville, TN! Perfect for those seeking a peaceful retreat with an income-generating opportunity, this property includes: Main Home: A spacious 1800+ sq ft 3-bedroom home with a bonus room and a shop in the 1200+ sq ft basement, ideal for storage or projects. The updated kitchen, bathroom and more -- adds modern charm, making it a perfect full-time residence or vacation escape. Second Home (Airbnb): 1600+ sq ft. A proven income producer for 6+ years, this charming rental has over 100+ glowing reviews, making it a turn-key investment with three bedrooms, two living areas, a perfect coffee drinking front porch to see amazing sunsets. Location Perks: Low county taxes Surrounded by mountains, waterfalls, and hiking trails. Just 45 minutes to Pigeon Forge for shopping, dining, and entertainment. A peaceful setting perfect for relaxation and nature lovers. Whether you're looking for multi-generational living, an investment property, or a personal mountain retreat, this property has it all! Don't miss this rare opportunity—schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Tuesdee Davis,

    Tennessee Tuesdee Real Estate, LLC

    Bought with:

    Hannah Green, 354968

    Tennessee Life Real Estate Pro

    Source: Lakeway Area AOR,MLS#: 707230MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Oven, Microwave, Refrigerator
    • Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
    Features
    • Kitchen Island, Pantry, Soaking Tub, Solid Surface Counters
    • Flooring: Hardwood
    • Basement: Block,Concrete,Finished,None
    • Number of fireplaces: 1
    • Fireplace features: Metal
    Interior area
    • Total interior livable area: 4,858 sqft
    • Finished area above ground: 3,643
    • Finished area below ground: 1,215

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport
    • Carport spaces: 2
    Accessibility
    • Accessibility features: Accessible Approach with Ramp
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Front Porch
    Lot
    • Size: 1.1 Acres
    • Dimensions: 1
    • Features: Cleared
    Details
    • Additional structures: Guest House, Residence
    • Parcel number: 040 046.00

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family, Single Family Residence, Residential
    Materials
    • Brick
    • Roof: Asphalt,Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Parrottsville

    Financial & listing details

    • Price per square foot: $108/sqft
    • Tax assessed value: $288,500
    • Annual tax amount: $916
    • Date on market: 4/17/2025
    • Road surface type: Gravel

    Price history

    DateEventPrice
    7/28/2025Sold$525,000-4.5%$108/sqft
    Source: Lakeway Area AOR #707230 Report a problem
    6/2/2025Pending sale$550,000$113/sqft
    Source: Lakeway Area AOR #707230 Report a problem
    5/8/2025Price change$550,000-8.3%$113/sqft
    Source: Lakeway Area AOR #707230 Report a problem
    4/17/2025Listed for sale$600,000+445.5%$124/sqft
    Source: Lakeway Area AOR #707230 Report a problem
    3/17/2006Sold$110,000$23/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,081 +18%$72,125 +101.5%
    2024$916 $35,800
    2023$916 -0.2%$35,800
    2022$918 $35,800
    2021$918 $35,800
    2020$918 +3.7%$35,800 +14.5%
    2019$885 $31,275
    2018$885 +0%$31,275
    2017$885 -2.4%$31,275
    2016$907 +7.1%$31,275
    2015$847 $31,275
    2014$847 $31,275 -11.4%
    2013$847 +17.1%$35,300 +0%
    2011$723 $35,285
    2010$723 $35,285
    2009-- $35,285 +29.9%
    2008$674 $27,160
    2007$674 $27,160
    2006$674 +2.6%$27,160 +2.6%
    2005$657 -21.5%$26,479
    2004$837 +62%$26,479 +62%
    2002$517 $16,350
    2001-- $16,350 -75%
    2000-- $65,399
    Find assessor info on the county website

    Neighborhood: 37843

    Nearby schools

    GreatSchools rating
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