by Lee Lin

See Home Value
Knox 37849
8908 Ellis Lane
$380,000
● House - Off Market

8908 Ellis Lane

Powell, TN 37849
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$1,868
Est. Monthly

About This Property

Tucked away on 2.5 acres of unrestricted, private wooded land this move-in ready 3 bedroom, 2 bath home offers the perfect blend of peaceful seclusion and thoughtful updates. This is zoned Agricultural, allowing for numerous possibilities like a hobby farm! Surrounded by mature trees and natural beauty, the setting feels like a retreat while still delivering everyday functionality and future potential. Inside, you'll find 1,400 square feet of living space highlighted by vaulted ceilings that create an open, airy feel and enhance natural light throughout the main living areas. The home features an inviting layout with both a wood burning fireplace and wood stove, along with a dedicated office space ideal for remote work or flexible use down stairs.

Recent improvements included a new roof, new garage door, fresh paint, updated appliances and bathrooms, updated exterior siding, refreshed landscaping, and a newly stained exterior porch. The property also includes 300+ square feet of heated and cooled partially finished basement space with a workshop space ready for projects or equipment. This offers excellent potential for future expansion--whether you envision additional living space, a recreation area, or a guest suite. Step outside to a fenced yard, perfect for pets or play and a detached shed for extra storage. The gently sloping yard, wooded backdrop, and fire pit area create a private outdoor setting ideal for relaxing or entertaining.

Whether you're looking for a turnkey home or a property with room to grow and add value over time, this one delivers both comfort today and potential for tomorrow. Showings by appointment only, call today for your private tour!
Unit Size
1,400 Ft²
Days on Market
-
Land Size
2.50 acres
Price per sqft
$264
Property Type
House
Property Taxes
$56
HOA Dues
-
Year Built
1987

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (Realtracs #RTC3220241)

Price History

Date / Event Date Event Price
May 22, 2026 Sold
Sold
Apr 22, 2026 Listed by eXp Realty $369,000
Listed by eXp Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 25
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 108,900
  • Total Building Area: 1,337
  • Gross Building Area: 3,024
  • Building Area: 1,337
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,337
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 2
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAY ELLIS REV
  • Land Acres: 0000002500
  • Standard Land Use Code: 1001
  • County Land Use Code: 17
  • Legal Description 1: SUBDIVISIONNAME RAY ELLIS SUBDIVISION REV MAPPLATB 85S MAPPLATP 11

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 006301

Geography

  • Assessors Map Reference: MAP #18
  • District: COU
  • Parcel: 018 18121
  • Lot: 3R2
  • Municipality: COUNTY OF KNOX
  • Latitude: 36.1127
  • Longitude: -83.9659

    Address

  • Full Address: 8908 Ellis Ln
  • Address - House Number: 8908
  • Address - Street Name: Ellis
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Powell
  • Carrier Code: R001
  • 4-Digit Zip Code: 2449
  • Zip Code: 37849

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $66,700

    Appraisal Valuation

  • Standard Deviation: 0.1955
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 73
  • Final Value: 300,150
  • High Value: 358,846
  • Low Value: 241,453

    Market Valuation

  • Market Total Value: $171,600
  • Market Land Value: $40,200
  • Market Improvement Value: $131,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,900

    Sales

  • Current Sale Contract Date: Nov 09, 2007
  • Current Sale Recording Date: Dec 03, 2007
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 200712030043498
  • Previous Sale Recording Date: Nov 24, 1998
  • Previous Sale Contract Date: Nov 16, 1998
  • Previous Sale Amount: $95,000
  • 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

About Knox


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 8908 Ellis Lane built and last sold?
The property at 8908 Ellis Lane was built in 1987 and last sold on Nov 9, 2007 for $154,750.
How much is this home worth?
The estimated value of the home located at 8908 Ellis Lane is $370,030.
What are some comparable homes to 8908 Ellis Lane?
There are currently no comparable homes to 8908 Ellis Lane.