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  • $307,000

    516 Cumberland Estates Rd, Cumberland Gap, TN 37724

    4beds
    1,931sqft
    Single Family Residence
    Built in 1975
    2.8 Acres Lot
    $314,600 Zestimate®
    $159/sqft
    $1,783 Estimated rent

    Home value

    $314,600

    $299,000 - $330,000

    $1,783/mo

    Zestimate® history
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    What's special

    ***Sellers have made a huge price correction on this one!! Home is MOVE IN READY and sellers are under contract on a new home and motivated to sale. this home is sold as is at 299,000 and is move in ready!*** Discover the perfect blend of country charm and modern convenience in this inviting 4-bedroom, 2-bathroom home nestled on 2.8 acres in picturesque Cumberland Gap, TN. Just five minutes from Lincoln Memorial University, this move-in ready residence boasts fresh kitchen floors and beautifully painted cabinets, ensuring a warm and welcoming atmosphere. Enjoy the tranquility of mountain views from your private oasis while having the convenience of town just a stone's throw away. With an additional basement living room and a horse barn on the property, this home is ideal for families or anyone seeking a peaceful retreat with ample space to grow. Don't miss your chance to embrace serene living in this charming gem!

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel Barnett 865-585-1193,

    Lakeside Realty, LLC

    Bought with:

    Cindy Brewer, 340255

    Tellico Realty, Inc.

    Source: East Tennessee Realtors,MLS#: 1286975MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Heat Pump, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Features
    • Flooring: Laminate, Carpet, Hardwood, Tile
    • Basement: Walk-Out Access,Finished
    • Number of fireplaces: 1
    • Fireplace features: Brick, Wood Burning
    Interior area
    • Total structure area: 1,931
    • Total interior livable area: 1,931 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Main Level
    • Garage spaces: 1
    Features
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 2.8 Acres
    • Features: Rolling Slope
    Details
    • Parcel number: 028 067.01

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Brick, Frame
    Condition
    • Year built: 1975

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Cumberland Estates
    Location
    • Region: Cumberland Gap

    Financial & listing details

    • Price per square foot: $159/sqft
    • Tax assessed value: $163,100
    • Annual tax amount: $954
    • Date on market: 1/15/2025

    Price history

    DateEventPrice
    8/27/2026Listing removed$325,000$168/sqft
    Source: East Tennessee Realtors #1336000 Report a problem
    8/21/2026Listing removed$1,750$1/sqft
    Source: Zillow Rentals Report a problem
    6/22/2026Price change$1,750-20.5%$1/sqft
    Source: Zillow Rentals Report a problem
    4/9/2026Listed for sale$325,000$168/sqft
    Source: East Tennessee Realtors #1336000 Report a problem
    4/2/2026Listing removed$325,000$168/sqft
    Source: East Tennessee Realtors #1320904 Report a problem
    3/31/2026Price change$325,000-7.1%$168/sqft
    Source: East Tennessee Realtors #1320904 Report a problem
    3/4/2026Price change$2,200-22.1%$1/sqft
    Source: Zillow Rentals Report a problem
    11/6/2025Price change$2,825-1.7%$1/sqft
    Source: Zillow Rentals Report a problem
    11/5/2025Listed for sale$350,000+14%$181/sqft
    Source: East Tennessee Realtors #1320904 Report a problem
    10/9/2025Price change$2,875-0.9%$1/sqft
    Source: Zillow Rentals Report a problem
    9/4/2025Price change$2,900-17.1%$2/sqft
    Source: Zillow Rentals Report a problem
    8/26/2025Listed for rent$3,500$2/sqft
    Source: Zillow Rentals Report a problem
    4/30/2025Sold$307,000+2.7%$159/sqft
    Source: East Tennessee Realtors #1286975 Report a problem
    3/31/2025Pending sale$299,000$155/sqft
    Source: East Tennessee Realtors #1286975 Report a problem
    3/15/2025Price change$299,000-8%$155/sqft
    Source: East Tennessee Realtors #1286975 Report a problem
    3/5/2025Price change$325,000-7.1%$168/sqft
    Source: East Tennessee Realtors #1286975 Report a problem
    2/27/2025Price change$350,000-6.7%$181/sqft
    Source: East Tennessee Realtors #1286975 Report a problem
    2/9/2025Price change$375,000-2.6%$194/sqft
    Source: East Tennessee Realtors #1286975 Report a problem
    1/25/2025Price change$385,000-3.8%$199/sqft
    Source: East Tennessee Realtors #1286975 Report a problem
    1/15/2025Listed for sale$400,000+53.8%$207/sqft
    Source: East Tennessee Realtors #1286975 Report a problem
    5/23/2024Sold$260,000-48%$135/sqft
    Source: Public Record Report a problem
    1/3/2024Listed for sale$500,000+152.5%$259/sqft
    Source: East Tennessee Realtors #1249020 Report a problem
    5/2/2020Listing removed$198,000$103/sqft
    Source: Keller Williams Realty Knoxville-West #1096444 Report a problem
    2/16/2020Price change$198,000-4.6%$103/sqft
    Source: Keller Williams Realty Knoxville-West #1096444 Report a problem
    12/5/2019Price change$207,500-1.2%$107/sqft
    Source: Keller Williams Realty Knoxville-West #1096444 Report a problem
    10/3/2019Listed for sale$210,000$109/sqft
    Source: Keller Williams Realty Knoxville-West #1096444 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$954 $40,775
    2024$954 +1.7%$40,775
    2023$938 +15%$40,775
    2022$816 +5.1%$40,775 +35.5%
    2021$776 $30,100
    2020$776 $30,100
    2019$776 $30,100
    2018$776 0%$30,100
    2017$776 $30,100 -2.6%
    2016$776 +1.3%$30,900
    2015$766 $30,900
    Find assessor info on the county website

    Neighborhood: 37724

    Nearby schools

    GreatSchools rating
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    $314,600
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    With Zillow Showcase(estimated)
    $320,892
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    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $314,600
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    +$6,292
    With Zillow Showcase(estimated)
    $320,892