$189,000

112 Payne Ave Tracy City, TN 37387

$2,244
Closing credit¹
3 beds
1 full
992 sqft
0.9 acres
$191 / sqft
House

Property details

About 112 Payne Ave

100% RURAL DEVELOPMENT! Ranch-style home with 3 spacious bedrooms and 1 full bath, offering a comfortable and inviting living space. Enjoy cozy nights by the fireplace in the living room, perfect for relaxing. This home also features a 10x12 shed with electricity, ideal for extra storage or a workshop. The large lot is beautifully landscaped with mature trees, providing plenty of space for outdoor activities and privacy. A great opportunity for anyone seeking a peaceful, well-maintained home!

Highlights

Home typeSingle Family Residence
HeatingFloor Furnace
StatusActive
CoolingCeiling Fan(s), Electric, Wall/Window Unit(s)
Size992 sqft
BasementYes
Lot size0.86 Acres
Year built1989
MLS #2808759

Summary

  • Full Bathrooms: 1
  • Appliances: Electric Oven, Electric Range
  • Basement: Yes
  • Flooring Type: Carpet, Laminate
  • Interior: Ceiling Fan(s), Primary Bedroom Main Floor
  • Total Bedroom Count: 3
  • Attached Garage: No
  • Private Pool: No
  • Exterior: Storage Building
  • Architectural Style: Ranch
  • Heating: Floor Furnace
  • Cooling: Ceiling Fan(s), Electric, Wall/Window Unit(s)
  • List Price: $189,000
  • Price/SqFt: $190
  • Annual Tax Amount: $491
  • Tax Year: 2023
  • Lot: Level
  • Directions: From Downtown Chattanooga. R onto W Martin Luther King Blvd. L onto US-27S. Exit toward Nashville onto I-24W. Cont. onto I-24W. L toward Highway 150. Cont on Highway 150. Cont. on Highway 41. Cont. on Main St. L onto 12 St. R onto 5th St. L onto Payne Ave
  • Year Built: 1989
  • Living Area: 992 SqFt
  • Lot Size: 0.86 Acres
  • MLS Number: 2808759
  • MLS Name: REALTRAC
  • Office Name: Action Homes
  • Office Phone: (615) 459-8000
  • Office Email: amabry@realtracs.com
  • Listing Agent: Carl Madanchi

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

IDX© 2025 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of date and time noted below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/24/2025, 2:33:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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112 Payne Ave, Tracy City, TN 37387 - ranch-style home with brick siding, a front yard, driveway, and a carport

$189,000

112 Payne Ave

$2,244

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 26, 2022
Home Sold
$120,000
Apr 10, 1990
Home Sold
$40,200

Tax history

YearAssessmentProperty Tax
2023$27,350$491
2022$16,175$455
2021$16,175$455
2020$16,175$444
2019$15,225$485
2018$15,225$485
2017$15,225$464

History based on county public records data.

Nearby schools

8

Sewanee Elementary School

Public District KG-5

11.2 mi

209 University Ave

6

Whitwell Elementary School

Public District PK-4

12.5 mi

150 Tiger Trl

2

Jasper Elementary School

Public District PK-4

13.5 mi

495 Warrior Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,180. Typical income of Tracy City, TN residents is less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

62%
<35k
32%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

42%
Single, No Kids
11%
Single, with Kids
28%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
6%
12-17 yrs old
21%
18-34 yrs old
41%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Monster TrucksMonster Trucks
  • HuntingHunting

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • GMCGMC
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 112 Payne Ave

The listing price of 112 Payne Ave property is $189,000.

The property 112 Payne Ave is a house located in Tracy City, Tennessee, 37387.

Active Listing: 112 Payne Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 112 Payne Ave are: Sewanee Elementary School (GreatSchools Rating 8/10), Whitwell Elementary School (GreatSchools Rating 6/10), Jasper Elementary School (GreatSchools Rating 2/10), Tracy Elementary School (GreatSchools Rating 4/10), Monteagle Elementary School (GreatSchools Rating 6/10), Coalmont Elementary School (GreatSchools Rating 4/10), Grundy County High School (GreatSchools Rating 5/10), Whitwell High School (GreatSchools Rating 6/10), Marion County High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2023 is $491 (source: MLS/based on county public records data).

The last sale was on September 26, 2022 for $120,000 (source: MLS/tax record).

The property at 112 Payne Ave has 3 bedrooms and 1 bathroom.

The property 112 Payne Ave is 992 SqFt (source: MLS/tax record).

The year of construction for 112 Payne Ave is 1989.

This home is located at 112 Payne Ave in Tracy City, TN and zip code 37387. This 992 square foot home, which was built in 1989, sits on a 0.86 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 25, 2025 and is currently priced at $189,000.

Over 0 listings were sold over their listed price in May 2025 in Tracy City, TN. In the same period over 4 listings were sold below the listed price and 0 listings were sold for the listed price. The number of listings in Tracy City, TN increased by 20% between April and May 2025. In May 2025 median list price was $283,400 and the average listing age was 88 days.

From Rocket Homes Real Estate and based on county public records data.

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