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Pending
  • Price cut: $255.1K (6/5)
    $485,000

    5441 Fred Marshall Rd, Russellville, TN 37860

    3beds
    1,419sqft
    : 
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    Single Family Residence, Residential
    Built in 1997
    15.92 Acres Lot
    $-- Zestimate®
    $342/sqft
    $-- HOA

    What's special

    Move-in readyBeautifully updated brick homeFull unfinished basementLarge older farmhouse
    Opportunities of this caliber are rare. This is your chance to realize the dream of owning a home and land in the picturesque hills of East Tennessee. Experience modern living on well-laid land at 5441 Fred Marshall Rd. This exceptional property encompasses 15.92 acres, featuring a blend of cleared and wooded areas, a creek, a beautifully updated brick home, and a large, older farmhouse ready for revitalization. Located less than 15 minutes from Morristown with convenient access to I-81, this property offers the perfect balance of tranquility and accessibility. The brick home has been thoughtfully updated and is move-in ready, featuring a finished one-car garage on the main level and a full unfinished basement. The property also includes several older wells, presenting opportunities for expansion or the construction of new structures. With its vast potential, this remarkable property offers endless possibilities for your vision.
    40 days
    |
    195
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Carla Cullip 423-327-3407,

    RE/MAX Real Estate Ten Midtown 423-581-8881

    Source: Lakeway Area AOR,MLS#: 711551MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Heating
      • Electric, Fireplace(s), Heat Pump, Wood
      Cooling
      • Ceiling Fan(s), Heat Pump
      Appliances
      • Included: Electric Oven, Electric Range, Range Hood, Refrigerator
      • Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
      Features
      • Open Floorplan, Pantry
      • Flooring: Carpet, Luxury Vinyl
      • Windows: Blinds, Double Pane Windows
      • Basement: Block,Full,Unfinished,Walk-Out Access
      • Number of fireplaces: 1
      • Fireplace features: Great Room, Wood Burning Stove
      Interior area
      • Total interior livable area: 1,419 sqft
      • Finished area above ground: 1,419
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage - Attached
      • Attached garage spaces: 3
      Accessibility
      • Accessibility features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Closets, Accessible Common Area, Accessible Kitchen
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Deck, Porch
      • Exterior features: Rain Gutters
      • Pool features: None
      • Fencing: Barbed Wire,Perimeter
      • Waterfront features: Creek
      Lot
      • Size: 15.92 Acres
      • Dimensions: 591 x 1566 x 1083 x 882
      • Features: Agricultural, Cleared, Farm, Greenbelt, Wooded
      Details
      • Additional structures: Other
      • Parcel number: 045 01400 000
      • Special conditions: Conservatorship

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence, Residential
      • Attached to another structure: Yes
      Materials
      • Block, Brick
      • Foundation: Block, Brick/Mortar
      • Roof: Asphalt,Shingle
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1997

      Utilities & green energy

      • Electric: 220 Volts in Laundry, Circuit Breakers
      • Sewer: Septic Tank
      • Water: Public, Well
      • Utilities for property: Cable Available, Electricity Connected, Water Connected, Fiber Internet

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Russellville

      Financial & listing details

      • Price per square foot: $342/sqft
      • Tax assessed value: $569,100
      • Annual tax amount: $1,332
      • Date on market: 5/18/2026
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,854/mo

        Price history

        DateEventPrice
        6/5/2026Price change$229,900-52.6%$162/sqft
        Source: TVRMLS #9996388 Report a problem
        5/28/2026Pending sale$485,000$342/sqft
        Source: Lakeway Area AOR #711551 Report a problem
        5/18/2026Listed for sale$485,000-22.4%$342/sqft
        Source: Lakeway Area AOR #711551 Report a problem
        5/1/2026Listing removed$624,999$440/sqft
        Source: Lakeway Area AOR #710139 Report a problem
        4/7/2026Price change$624,999-2.3%$440/sqft
        Source: Lakeway Area AOR #710139 Report a problem
        1/16/2026Listed for sale$639,900+4699.4%$451/sqft
        Source: Lakeway Area AOR #710139 Report a problem
        6/27/1985Sold$13,333$9/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,332 +27.6%$90,625 +71%
        2024$1,044 $53,000
        2023$1,044 $53,000
        2022$1,044 $53,000
        2021$1,044 $53,000
        2020$1,044 +6.7%$53,000 +15.4%
        2019$978 $45,925
        2018$978 +0%$45,925
        2017$978 $45,925
        2016$978 +15.1%$45,925
        2015$850 $45,925
        2014-- $45,925 -9.5%
        2013-- $50,725
        2011$938 -6.6%$50,725 -6.6%
        2010$1,005 $54,325
        2009-- $54,325 +19.5%
        2008$1,000 +4.8%$45,475
        2006$955 $45,475
        2005$955 -11%$45,475
        2004$1,073 +19.2%$45,475 +19.2%
        2003$900 $38,150 +0%
        2001-- $38,143 -82%
        2000-- $212,309

        Find assessor info on the county website

        Monthly payment

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          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.
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          Climate risks

          Neighborhood: 37860

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Union Heights
          • Middle: East Ridge
          • High: East

          Source: Lakeway Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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