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Sold for $500,000
  • $500,000

    5514 Highway 131, Washburn, TN 37888

    3beds
    2baths
    1,456sqft
    SingleFamily
    Built in 1968
    91.3 Acres Lot
    $507,700 Zestimate®
    $343/sqft
    $1,899 Estimated rent

    Home value

    $507,700

    Estimated sales range

    Not available

    $1,899/mo

    Zestimate® history
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    What's special

    There are 91 acres of rolling hills of which approximately 8 are wooded with the remainder being mixed pasture including a creek. Located in Grainger County, Tennessee, the farm has been in the process of being developed as an agri-tourism farm but is equally suited for cattle. State certified kitchen currently producing jams & jellies for sale. Approximately 1,500 chardonnay grapes, 250 blueberry bushes and wild blackberries are planted. There are also three gardens producing a plethora of vegetables and five varieties of garlic. Perfect to carry on as a CSA, U-Pick Berries, sale of homemade goods, agri-tourism farm, or your own private farm. Resident llamas will stay if desired.There is a three bedroom basement rancher on the property in excellent condition. Out buildings include the farm's original home which needs to be redone, tobacco barn, 2 metal barns, workshop, and implement shed.Grainger County is nestled in the foothills of the Great Smoky Mountains but is less than an hour's drive to Knoxville or 30 minutes to Morristown. The 310 square mile mostly rural community is bordered on the north by Norris Lake, on the south by Cherokee Lake, and bisected in the middle by Clinch Mountain. With its two large lakes, two beautiful rivers, and thousands of acres of forest, Grainger County is truly a sportsman's paradise. Hiking, canoeing, fishing, hunting, sailing, water skiing, and hang gliding are just a few of the activities available to outdoor enthusiasts. Owner/Agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Forced air
    Cooling
    • Central
    Appliances
    • Included: Dryer, Washer
    Features
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,456 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Features
    • Exterior features: Brick
    Lot
    • Size: 91.30 Acres
    Details
    • Parcel number: 03802700000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Shake / Shingle
    Condition
    • Year built: 1968

    Community & neighborhood

    Location
    • Region: Washburn

    Price history

    DateEventPrice
    5/15/2025Sold$500,000+203%$343/sqft
    Source: Public Record Report a problem
    12/21/2022Sold$165,000-41.1%$113/sqft
    Source: Public Record Report a problem
    3/21/2022Sold$280,000-6.6%$192/sqft
    Source: East Tennessee Realtors #1164900 Report a problem
    2/6/2022Pending sale$299,900$206/sqft
    Source: East Tennessee Realtors #1164900 Report a problem
    2/2/2022Listed for sale$299,900-48.5%$206/sqft
    Source: East Tennessee Realtors #1164900 Report a problem
    5/24/2021Sold$581,903+66.3%$400/sqft
    Source: East Tennessee Realtors #1145792 Report a problem
    6/4/2013Sold$350,000-12.5%$240/sqft
    Source: Public Record Report a problem
    5/14/2012Listing removed$399,900$275/sqft
    Source: East Tennessee Luxury Properties Report a problem
    3/15/2012Listed for sale$399,900-25.3%$275/sqft
    Source: East Tennessee Luxury Properties Report a problem
    9/17/2010Listing removed$535,000$367/sqft
    Source: East Tennessee Luxury Prop. #728897 Report a problem
    8/28/2010Listed for sale$535,000+8130.8%$367/sqft
    Source: East Tennessee Luxury Prop. #728897 Report a problem
    4/11/2006Sold$6,500-92.3%$4/sqft
    Source: Public Record Report a problem
    5/12/2005Sold$84,500$58/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,006 $42,825
    2024$1,006 $42,825
    2023$1,006 -41.7%$42,825 -43%
    2022$1,725 $75,100 -0.5%
    2021-- $75,450 +18.2%
    2020$1,788 $63,850
    2019$1,788 +15.7%$63,850
    2018$1,545 +0%$63,850
    2017$1,545 $63,850
    2016$1,545 +6%$63,850
    2015$1,458 $63,850 +9.5%
    2014$1,458 $58,302
    2013$1,458 $58,302
    2012$1,458 $58,302
    2011-- $58,302
    2010-- $58,302 +1.3%
    2009$1,463 -15.1%$57,581 -2.7%
    2008$1,722 +21.7%$59,171 +21.7%
    2007$1,415 +27.1%$48,625
    2006$1,114 -0.3%$48,625 -0.3%
    2005$1,117 -29.4%$48,783 -10.9%
    2004$1,583 +57.1%$54,770 +25%
    2002$1,008 $43,811
    2001-- $43,811 -84.5%
    2000-- $283,416

    Find assessor info on the county website

    Neighborhood: 37888

    Nearby schools

    GreatSchools rating
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