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  • $1,800,000

    500 Old Pencil Mill Rd, Chapel Hill, TN 37034

    3beds
    3,301sqft
    Single Family Residence, Residential
    Built in 2006
    17.16 Acres Lot
    $1,794,100 Zestimate®
    $545/sqft
    $2,994 Estimated rent

    Home value

    $1,794,100

    $1.35M - $2.39M

    $2,994/mo

    Zestimate® history
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    What's special

    Welcome to 17.16 acres of private paradise convenient to Webb School. Custom built by original owner. Home in excellent condition. Huge 40x60 detached shop/garage with 200 amp service, gas heater , 13' 6" door and two 20ft wide lean-to's. Mixture of woods and pasture. Water frontage on Clem Creek. Former personal baseball field with backstop! Over 500 sq ft of potential expandable space in the attic. Solid poured concrete walls in basement offer a safe place during storms. Encapsulated crawl space. See additional feature sheet for more features! Please make an appointment with an agent to see. Be sure to view the virtual tour and aerial tour. Additional acreage available

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Amy Peterson 615-895-9518,

    Crye-Leike, Inc., REALTORS

    Bought with:

    Amy Peterson, 268596

    Crye-Leike, Inc., REALTORS

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2901681MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    • Main level bedrooms: 3
    Bedroom 1
    • Features: Full Bath
    • Level: Full Bath
    • Area: 234 Square Feet
    • Dimensions: 13x18
    Bedroom 2
    • Features: Bath
    • Level: Bath
    • Area: 168 Square Feet
    • Dimensions: 12x14
    Bedroom 3
    • Features: Bath
    • Level: Bath
    • Area: 143 Square Feet
    • Dimensions: 11x13
    Bedroom 4
    • Features: Extra Large Closet
    • Level: Extra Large Closet
    • Area: 192 Square Feet
    • Dimensions: 12x16
    Primary bathroom
    • Features: Double Vanity
    • Level: Double Vanity
    Den
    • Features: Separate
    • Level: Separate
    • Area: 99 Square Feet
    • Dimensions: 9x11
    Dining room
    • Features: Formal
    • Level: Formal
    • Area: 195 Square Feet
    • Dimensions: 13x15
    Other
    • Features: Other
    • Level: Other
    • Area: 136 Square Feet
    • Dimensions: 8x17
    Kitchen
    • Features: Eat-in Kitchen
    • Level: Eat-in Kitchen
    • Area: 168 Square Feet
    • Dimensions: 12x14
    Living room
    • Features: Great Room
    • Level: Great Room
    • Area: 400 Square Feet
    • Dimensions: 25x16
    Other
    • Features: Breakfast Room
    • Level: Breakfast Room
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Other
    • Features: Utility Room
    • Level: Utility Room
    • Area: 88 Square Feet
    • Dimensions: 8x11
    Recreation room
    • Features: Basement Level
    • Level: Basement Level
    • Area: 221 Square Feet
    • Dimensions: 13x17
    Heating
    • Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Built-In Electric Oven, Gas Range, Cooktop, Dishwasher, Disposal
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Ceiling Fan(s), Extra Closets, High Ceilings, Pantry, High Speed Internet
    • Flooring: Wood, Tile
    • Basement: Partial,Finished
    • Number of fireplaces: 1
    • Fireplace features: Gas, Living Room
    Interior area
    • Total structure area: 3,301
    • Total interior livable area: 3,301 sqft
    • Finished area above ground: 3,003
    • Finished area below ground: 298

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage Door Opener, Detached
    • Garage spaces: 8
    Features
    • Levels: Three Or More
    • Stories: 2
    • Patio & porch: Deck, Covered, Porch
    • Fencing: Partial
    • Waterfront features: Creek
    Lot
    • Size: 17.16 Acres
    • Features: Level
    • Topography: Level
    Details
    • Additional structures: Storage
    • Parcel number: 028 03302 000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence, Residential
    Materials
    • Vinyl Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 2006

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Private
    • Utilities for property: Water Available

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Chapel Hill
    • Subdivision: Recorded Survey Plat

    Price history

    DateEventPrice
    1/27/2026Sold$1,800,000-10%$545/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2901681 Report a problem
    12/21/2025Contingent$2,000,000$606/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3030577 Report a problem
    12/4/2025Price change$2,000,000+60%$606/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3030574 Report a problem
    12/4/2025Price change$1,250,000-40.5%$379/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2901681 Report a problem
    10/18/2025Price change$2,100,000+61.5%$636/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3030574 Report a problem
    6/4/2025Price change$1,300,000-48%$394/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2901681 Report a problem
    3/7/2025Price change$2,500,000-7.4%$757/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2669023 Report a problem
    1/10/2025Price change$2,700,000-5.3%$818/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2668390 Report a problem
    6/18/2024Listed for sale$2,850,000+193.2%$863/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2668390 Report a problem
    6/10/2022Sold$972,000+1395.4%$294/sqft
    Source: Public Record Report a problem
    1/3/2014Sold$65,000$20/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,952 $126,950
    2024$2,952 $126,950
    2023$2,952 -21.9%$126,950 -21.9%
    2022$3,782 $162,650 +5.9%
    2021-- $153,575 +28.1%
    2020$3,188 $119,850
    2019$3,188 +3.9%$119,850
    2018$3,068 +0%$119,850
    2017$3,068 +29.7%$119,850 +15%
    2014$2,366 +2.8%$104,217 +2.8%
    2013$2,302 $101,388
    2012$2,302 $101,388
    2011$2,302 +10.9%$101,388 +10.9%
    2009$2,076 $91,437
    2008$2,076 +142.2%$91,437 +142.2%
    2007$857 -38.3%$37,748 -38.3%
    2006$1,388 -18.1%$61,132
    2005$1,693 $61,132

    Find assessor info on the county website

    Neighborhood: 37034

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Community Elementary School
    • Middle: Community Middle School
    • High: Community High School

    Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,794,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,794,100