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Blount 37886
571 Patterson Road
Photo of 571 Patterson Road
Sold on Aug 17, 2026

22

Map

Photo of 571 Patterson Road
Photo of 571 Patterson Road
$299,000
● House - Off Market

571 Patterson Road

Walland, TN 37886
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,404 Ft²
$1,549
Est. Monthly

About This Property

Enjoy peaceful country living at 571 Patterson Road in Walland, Tennessee. This 2-bedroom, 1.5-bath home offers approximately 1,400 square feet with an open floor plan, spacious living area, and new kitchen appliances. Relax on the screened-in back porch or open back patio overlooking the fenced backyard and scenic surroundings. Situated on a spacious half-acre corner lot with no HOA, this property provides privacy, flexibility, and room to enjoy the outdoors. Conveniently located to Maryville, Townsend, and Seymour while still offering a quiet, peaceful setting, this home is ready for its next owner.  Buyers should verify all information that is important to them before making an offer including room dimensions, square footage, acreage, HOA fees, water/sewer type, and restrictions.  Owner/agent
Unit Size
1,404 Ft²
Days on Market
31 days
Land Size
0.45 acres
Price per sqft
$213
Property Type
House
Property Taxes
$80
HOA Dues
-
Year Built
1983

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 months ago ( #312829)

Price History

Date / Event Date Event Price
Aug 17, 2026 Sold
Premium
Sold
Jul 21, 2026 In contract -
In contract
Jul 17, 2026 Listed by Thompson Williams Properties $299,000
Listed by Thompson Williams Properties

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,602
  • Lot Size Depth Feet: 1,390
  • Lot Size Frontage Feet: 1,440
  • Total Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 1,404
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTON RIDGE
  • Land Acres: 0000000450
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: WESTON RIDGE SD SEC 2 18

Neighborhood

  • School District Name: Blount County School District
  • Census Tract: 011302

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 030P
  • District: 13
  • Parcel: 005040B B 00500
  • Lot: 18
  • Latitude: 35.8028
  • Longitude: -83.8167

    Address

  • Full Address: 571 Patterson Rd
  • Address - House Number: 571
  • Address - Street Name: Patterson
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Walland
  • Carrier Code: R001
  • 4-Digit Zip Code: 2028
  • Zip Code: 37886

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $76,000
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 05A00

    Appraisal Valuation

  • Standard Deviation: 0.2613
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 277,437
  • High Value: 349,941
  • Low Value: 204,934

    Market Valuation

  • Market Total Value: $241,600
  • Market Land Value: $50,000
  • Market Improvement Value: $191,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,400
  • Assessed Land Value: $12,500
  • Assessed Improvements Value: $47,900

    Sales

  • Current Sale Contract Date: Apr 13, 2020
  • Current Sale Recording Date: Apr 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 871555
  • Previous Sale Recording Date: Mar 26, 2019
  • Previous Sale Contract Date: Mar 21, 2019
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Blount

Stats & Trends

Median Asking:

$424,950

Sale Price/ft²

$232

Below Asking

0.01%

Average Days on Market

84

Average Home Size

1945 ft²

Average Home Age

33.5 years

Currently For Sale

591 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Frequently Asked Questions

When was property at 571 Patterson Road built and last sold?
The property at 571 Patterson Road was built in 1983 and last sold on Apr 13, 2020 for $150,000.
How much is this home worth?
The estimated value of the home located at 571 Patterson Road is $306,300.
What are some comparable homes to 571 Patterson Road?
There are currently no comparable homes to 571 Patterson Road.
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