TWO HOMES | BARN | INVESTMENT OPPORTUNITY - This unique East Tennessee property offers a rare combination of flexibility and potential with two homes, two septic systems, and a barn all situated on one property. Whether you're looking for a multi-generational living setup, rental income potential, or additional space for hobbies, storage, or future plans, this property provides a variety of possibilities. The existing improvements create opportunities that are difficult to find, making it an excellent option for investors, those needing extra living space, or buyers looking for a property they can tailor to their needs. Conveniently located with easy access to nearby communities and everyday amenities, this is a unique opportunity to own a property with income-producing potential and room to grow.
For sale
Price cut: $20K (5/21)
$130,000
355 Pankey Ln, Benton, TN 37307
2beds
1,000sqft
Single Family Residence
Built in 1978
0.67 Acres Lot
$-- Zestimate®
$130/sqft
$-- HOA
What's special
Two homes
- 88 days |
- 968 |
- 26 |
Zillow last checked:
Listing updated:
Listed by:
Cindi Richardson 423-280-1442,
Richardson Group 423-790-7979
Source: Greater Chattanooga Realtors,MLS#: 1532405
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Range, Refrigerator
- Laundry: Laundry Closet
Features
- See Remarks
- Flooring: Vinyl
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,000
- Total interior livable area: 1,000 sqft
- Finished area above ground: 1,000
Property
Parking
- Total spaces: 2
- Parking features: Gravel, Off Street
- Carport spaces: 2
Features
- Levels: One
- Exterior features: Rain Gutters
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.67 Acres
- Dimensions: 119 x 246 x 120 x 246
- Features: Cleared, Level, Rural
Details
- Additional structures: Barn(s), Guest House, Shed(s)
- Parcel number: 045 06601 000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood Siding
- Foundation: See Remarks
- Roof: Metal
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Benton
Financial & listing details
- Price per square foot: $130/sqft
- Tax assessed value: $51,000
- Annual tax amount: $215
- Date on market: 4/11/2026
- Listing terms: Cash
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
$1,315/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Price change | $130,000-13.3%$130/sqft |
Source: Greater Chattanooga Realtors #1532405 Report a problem | ||
| 4/10/2026 | Listed for sale | $150,000+7400%$150/sqft |
Source:  RCAR #20261856 Report a problem | ||
| 4/11/2016 | Sold | $2,000$2/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $215 -33.8% | $12,750 -33.8% |
| 2024 | $325 -26.7% | $19,250 -26.7% |
| 2023 | $444 +212.8% | $26,275 +365% |
| 2022 | $142 | $5,650 |
| 2021 | $142 | $5,650 |
| 2020 | $142 | $5,650 |
| 2019 | $142 | $5,650 |
| 2018 | $142 0% | $5,650 +18.3% |
| 2017 | $142 +23.8% | $4,775 |
| 2016 | $115 -25.4% | $4,775 -25.4% |
| 2015 | $154 +0.1% | $6,400 +0.1% |
| 2014 | $154 | $6,394 |
| 2013 | $154 | $6,394 |
| 2012 | -- | $6,394 -8.5% |
| 2011 | $152 +14.1% | $6,987 +14.1% |
| 2010 | $133 | $6,121 |
| 2009 | $133 | $6,121 |
| 2008 | $133 | $6,121 |
| 2007 | -- | $6,121 +19.1% |
| 2006 | $149 +20.4% | $5,141 |
| 2005 | $123 +15.9% | $5,141 |
| 2004 | $106 -11.6% | $5,141 -11.6% |
| 2002 | $120 | $5,813 +47.4% |
| 2001 | -- | $3,944 -75% |
| 2000 | -- | $15,776 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 37307
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 4/10Benton Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 4/10Chilhowee Middle SchoolGrades: 6-8Distance: 1.7 mi
- 4/10Polk County High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: South Polk Elementary
- Middle: Polk County Junior High
- High: Polk County High School
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Polk County
- Benton
- 37307
- 355 Pankey Ln
Nearby cities
Nearby zip codes
Other Benton Topics
