$3,432 Closing Credit¹
#1290535, Listing Office: Realty Executives Associates
$190,000 List price
531 Reagan Valley Rd Tellico Plains, TN 37385
$2,256
Closing credit¹
3 beds
2 full
1,722 sqft
1.0 acres
$110 / sqft
House
Property details
About 531 Reagan Valley Rd
Packed with potential, this charming ranch-style home in desirable Tellico Plains offers an ideal opportunity for investors, flippers, or those seeking a long-term rental property. Roof is approx 4 years old, Air unit approx 5 years old, refrigerator aprox 2 years. Spacious layout in main rooms, eat in kitchen is open to large living room and second sitting area or formal dining room. it's perfect for a light renovation to add value—whether you're looking to rent, resell, or create your own peaceful retreat. Situated off the main road on a full acre with green space lined with trees the lot provides privacy, open space and one car garage. Engineered hardwood floors recently added in the main living areas that flows easily between the living room, dining area, and kitchen.Two bedrooms and full bath on main level, third bedroom, full bath and rec room on lower level. This home has great bones and the kind of potential that's getting harder to find. Please note: this property is being sold as-is. Buyer to verify all information
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size1,722 sqft
Lot size1 Acres
Year built1990
ParkingDesignated Parking, Basement
MLS #1299827
Garage1 space
ViewOther
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
- Basement: No
- Flooring Type: Carpet, Hardwood
- Interior: Eat-in Kitchen
- Fireplace: None
- Total Bedroom Count: 3
- Garage Space: 1 space
- Attached Garage: No
- Parking: Designated Parking, Basement
- View: Other
- Architectural Style: Traditional
- Heating: Forced Air, Natural Gas, Electric
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $190,000
- Price/SqFt: $110
- Annual Tax Amount: $447
- Tax Year: 2023
- Lot: Wooded, Level
- Directions: South on New Highway 68 to Reagan Valley Road. Left on Reagan Valley Road. Straight to 531. Sign on property.
- Year Built: 1990
- Living Area: 1,722 SqFt
- Lot Size: 1 Acres
- MLS Number: 1299827
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: Realty Executives Associates
- Office Phone: (865) 588-3232
- Office Email: JIMEOAKLEY@GMAIL.COM
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information 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. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright © 2025 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/21/2025, 1:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$190,000
531 Reagan Valley Rd
$2,256
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 24, 2004 | Home Sold | $92,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $31,800 | $447 |
| 2022 | $19,975 | $447 |
| 2021 | $19,650 | $447 |
| 2020 | $19,650 | $440 |
| 2019 | $19,650 | $389 |
| 2018 | $19,650 | $389 |
| 2017 | $20,350 | $406 |
History based on county public records data.
Nearby schools
3
Tellico Plains Elementary School
Public District PK-4
3.2 mi
•121 Old High School Rd
5
Madisonville Intermediate School
Public District 3-5
8.5 mi
•1000 Green Rd
4
Vonore Elementary School
Public District PK-4
13.4 mi
•1135 Highway 411
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,853. Most Tellico Plains, TN residents have annual incomes between $35k-100k. The majority of families are married, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
41%
<35k
51%
35k-100k
8%
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?
33%
Single, No Kids
10%
Single, with Kids
35%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
16%
18-34 yrs old
43%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Hunting
Monster Trucks
Where do the neighbors shop?
Dollar General
Wal-Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Ram
Chevrolet
What do the neighbors listen to?
Classic Country- Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 531 Reagan Valley Rd
The listing price of 531 Reagan Valley Rd property is $190,000.
The property 531 Reagan Valley Rd is a house located in Tellico Plains, Tennessee, 37385.
Active Listing: 531 Reagan Valley Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 531 Reagan Valley Rd are: Tellico Plains Elementary School (GreatSchools Rating 3/10), Madisonville Intermediate School (GreatSchools Rating 5/10), Vonore Elementary School (GreatSchools Rating 4/10), Tellico Plains Junior High School (GreatSchools Rating 6/10), Rural Vale Elementary School (GreatSchools Rating 6/10), Englewood Elementary School (GreatSchools Rating 8/10), Tellico Plains High School (GreatSchools Rating 6/10), McMinn Central High School (GreatSchools Rating 7/10), Sequoyah High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $447 (source: MLS/based on county public records data).
The last sale was on May 24, 2004 for $92,000 (source: MLS/tax record).
The property at 531 Reagan Valley Rd has 3 bedrooms and 2 bathrooms.
The property 531 Reagan Valley Rd is 1,722 SqFt (source: MLS/tax record).
The year of construction for 531 Reagan Valley Rd is 1990.
This home is located at 531 Reagan Valley Rd in Tellico Plains, TN and zip code 37385. This 1,722 square foot home, which was built in 1990, sits on a 1.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 5, 2025 and is currently priced at $190,000.
In April 2025, from all listings sold in Tellico Plains, TN there were more than 2 sold above asking price, over 5 sold below and more than 1 were sold right at the asked price. The number of listings in Tellico Plains, TN increased by 14% between March and April 2025. While the average time on the market in April 2025 was 129 days, the median list price was $276,750.
From Rocket Homes Real Estate and based on county public records data.