by Lee Lin

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Grainger 37861
1333 Cherry St
$299,900
● Land - In Contract

1333 Cherry St

Rutledge, TN 37861
bedrooms
Studio
bathrooms
0 Bath
$1,539
Est. Monthly

About This Property

Act quickly!!! Seller is motivated and welcomes reasonable offers.

Tucked away in the heart of Rutledge, this truly special property offers over 10 acres of East Tennessee beauty, character, and possibility.

Spanning both sides of Cherry Street, the land tells a story the moment you arrive. On one side sits a charming 1920 farmhouse, full of timeless character and ready for someone to restore, reimagine, or simply enjoy as a peaceful homestead. The setting feels straight out of a postcard quiet, scenic, and rich with history.

Across the road, the property continues with even more to love. An old tobacco barn stands as a nod to the land's agricultural roots, offering both visual charm and functional potential. Just beyond it, a gorgeous creek winds along the back portion of the property, creating a serene natural backdrop that makes this land feel incredibly private and picturesque.

And one of the most unique features...the well water is so pure that, in the past, people have actually offered to purchase the rights to it. It's a rare testament to the quality of the land and the natural resources it holds.

Whether you're dreaming of a family compound, mini-farm, restoration project, or simply a slice of Tennessee countryside to call your own, this property is nothing short of perfect. Opportunities like this, with acreage, water, historic structures, and road frontage on both sides, are few and far between.
Unit Size
-
Days on Market
-
Land Size
10.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$66
HOA Dues
-
Year Built
1922

Listed By

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Last updated: 3 months ago (Realtracs #RTC3124389)

Price History

Date / Event Date Event Price
Aug 9, 2026 In contract -
In contract
Jun 10, 2026 Price Decreased $299,900
↓ $25K (7.7%)
Price Decreased
Feb 9, 2026 Listed by Keller Williams $325,000
Listed by Keller Williams
Sep 26, 2020 No longer available -
No longer available
Jul 22, 2020 Listed $59,000
Listed
This really is grand maw's house. This is a project for those who like to restore or remodel older homes. There are 8 rooms and 4 of these were used as bedrooms. has kitchen, dining room, living room and an extra room for an office or breakfast area. One bath on septic system that always worked but county has no records that we can find. Owner selling as is with no paid repairs. Looks like cash only on this house unless you have access to private funds. Part of original family farm and will survey off a half acre lot and take it thru the planning commission for approval. There is more land available if you need. Owner will look at all written offers. Has a great private well. The manager has listed the unit size as 2200 square feet.
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Property Highlights

Exterior Details
Waterfront Features: Creek
Lot Features: Other, Rolling Slope, Level, Cleared
Lot Size Area: 10.5
Lot Size Units: Acres
Lot Size Acres: 10.5
Lot Size Square Feet: 457380
Lot Size Dimensions: unknonwn
Financial Details
Tax Annual Amount: $795

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 23
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 457,380
  • Total Building Area: 1,110
  • Building Area: 1,110
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 1,110
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000010500
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: DISTRICT: 01, COUNTY AREA: G01

Neighborhood

  • School District Name: Grainger County School District
  • Census Tract: 500302

Geography

  • Assessors Map Reference: 050
  • District: 01
  • Parcel: 029050 00900
  • Latitude: 36.2973
  • Longitude: -83.4738

    Address

  • Full Address: 1333 Cherry St
  • Address - House Number: 1333
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: TN
  • City Name: Rutledge
  • Carrier Code: R006
  • 4-Digit Zip Code: 5401
  • Zip Code: 37861

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $79,500
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 29A00

    Appraisal Valuation

  • Standard Deviation: 0.4551
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 8
  • Final Value: 206,180
  • High Value: 300,019
  • Low Value: 112,340

    Market Valuation

  • Market Total Value: $135,400
  • Market Land Value: $104,500
  • Market Improvement Value: $30,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,850
  • Assessed Land Value: $26,125
  • Assessed Improvements Value: $7,725

    Sales

  • Current Sale Contract Date: Sep 30, 2020
  • Current Sale Recording Date: Dec 02, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20011181
  • Previous Sale Recording Date: Nov 07, 2019
  • Previous Sale Contract Date: Nov 05, 2019
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 1333 Cherry Street built and last sold?
The property at 1333 Cherry Street was built in 1922 and last sold on Sep 30, 2020 for $160,000.
How much is this home worth?
The estimated value of the home located at 1333 Cherry Street is $302,899.
What are some comparable homes to 1333 Cherry Street?
There are currently no comparable homes to 1333 Cherry Street.