387 Spence Rd, Rutledge, TN 37861
OFF MARKET

$571,900

Trulia Estimate
  • Studio
  • 1,908 sqft (on 42.33 acres)

387 Spence Rd, Rutledge, TN 37861

Est. Refi. Payment $3,371/mo*
Refinance Your Home
Currently Off Market - Sold Mar 8, 2022 for $240,000

Home Value

Trulia Estimate
$572K
Since last month
Increased$9K (+1.7%)
Since last year
Increased$33K (+6.1%)
Since last sale
Increased$332K (+138.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +25% in the last 10 years
MonthEstimated value
2026
September 2026$572K
August 2026$592K
July 2026$563K
June 2026$547K
May 2026$540K
April 2026$521K
March 2026$562K
February 2026$519K
January 2026$528K
2025
2024

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1366 Bowen Rd, Rutledge, TN
0.65
Single-Family Home
$370,000
03/18/26
2
1,922
194 Pleasant Ridge Ln, Bean Station, TN
1.04
Single-Family Home
$345,000
11/14/25
3
2
1,456
127 Deer Ridge Dr, Rutledge, TN
1.32
Single-Family Home
$343,000
07/29/26
3
2
1,416
655 Taylor Rd, Rutledge, TN
1.32
Single-Family Home
$343,000
08/10/26
3
2
1,301
197 Deerridge Dr, Rutledge, TN
1.37
Single-Family Home
$325,000
04/23/26
3
2
1,394
2900 Highway 11W S, Rutledge, TN
1.19
Single-Family Home
$710,000
03/23/26
5
5
6,768
7288 Lakeshore Dr, Rutledge, TN
1.64
Single-Family Home
$348,400
07/15/26
3
2
1,680
258 Hoppers Blf, Rutledge, TN
1.82
Single-Family Home
$489,000
01/20/26
3
2.5
2,520
371 Boat Gum Ln, Bean Station, TN
2.14
Single-Family Home
$617,500
03/11/26
3
3
1,518
1175 Cardnal Cv, Rutledge, TN
1.93
Single-Family Home
$500,000
09/29/25
3
2
2,304

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
Hodgetown Rd, Rutledge, TN 37861
0.44
-
-
-
-
Off Market
500 Myers Rd, Rutledge, TN 37861
0.43
$523,500
3
3
1,584
Off Market
1670 Bowen Rd, Rutledge, TN 37861
0.54
$317,900
3
2
1,730
Off Market
642 Hodgetown Rd, Rutledge, TN 37861
0.57
$373,400
3
2
1,300
Off Market
917 Hodgetown Rd, Rutledge, TN 37861
0.76
$259,300
3
2
942
Off Market
Hodgetown Rd, Rutledge, TN 37861
0.93
-
-
-
-
Off Market
Lots 10&11 Pleasant Ridge Ln, Bean Station, TN 37708
0.95
-
-
-
-
Off Market
1871 Hodgetown Rd, Rutledge, TN 37861
0.95
$112,500
2
1
1,132
Off Market
225 Pleasant Ridge Ln, Bean Station, TN 37708
0.99
$430,900
3
3.5
3,000
Off Market
197 Pleasant Ridge Ln, Bean Station, TN 37708
1.02
$424,600
4
3
2,152
Off Market
191 Pleasant Ridge Ln, Bean Station, TN 37708
1.03
$289,900
3
2
1,200
Off Market
263 Pleasant Ridge Ln, Bean Station, TN 37708
1.03
$356,200
3
2.5
1,792
Off Market

Local Information

  • Map ViewExplore the area around 387 Spence Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School3 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2023
42.33 acre lot
1,908 sqft
$300/sqft
Garage

About this House

This single-family home is located at 387 Spence Rd, Rutledge, TN. 387 Spence Rd is in Rutledge, TN and in ZIP code 37861. This property has approximately 1,908 sqft of floor space. This property has a lot size of 42.33 acres and was built in 2023.
387 Spence Rd, Rutledge, TN 37861 is a studio, 1,908 sqft single-family home built in 2023. It last sold for $240,000 on Mar 8, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $571,900, with a rent estimate of $2,727/month.

Home Details for 387 Spence Rd

Interior Features

Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Hardwood
Heating & Cooling
Air Conditioning

Exterior Features

Exterior Home Features
Roof: CompositionDeckExterior: OtherFoundation Type: Footing
Parking & Garage
GarageParking: Carport, Garage Attached

Property Information

Year Built
Year Built: 2023
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 42.33 acres

Price and Tax history

DateEventPrice
Mar 8, 2022
Source: N/A
Sold
$240,000
Jun 16, 2021
Source: N/A
Sold
$180,000
Feb 25, 2019
Source: N/A
Sold
$15,000
Oct 26, 2018
Source: N/A
Sold
$30,000

Market trends in Rutledge

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
41

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Rutledge

At least 8 Trulia users voted on each feature.

  • 90 % Say parking is easy

  • 90 % Say yards are well-kept

  • 89 % Say car is needed

  • 82 % Say there's holiday spirit

  • 67 % Say there's wildlife

  • 56 % Say it's walkable to grocery stores

  • 50 % Say it's dog friendly

  • 50 % Say people would walk alone at night

  • 46 % Say it's quiet

  • 39 % Say neighbors are friendly

  • 38 % Say there are sidewalks

  • 25 % Say kids play outside

  • 22 % Say it's walkable to restaurants

  • 13 % Say there are community events

  • 11 % Say they plan to stay for at least 5 years

  • 11 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Deborah W.
    "Great area known for its beauty, lake fun, fishing, friendly neighbors, and peaceful solitude. Surrounded by awe inspiring lake and mountain views, this area and subdivision continue to attract both local and out-of-state buyers seeking an affordable dream home in a dream location. Many residents walk the neighborhood daily for exercise and to check on neighbors. Additionally, the area is very close to Morristown, Jefferson City, and Knoxville for you daily and weekly needs, plus special desires for educational, athletic, cultural, recreational and social activities."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 387 Spence Rd

  • What is 387 Spence Rd estimated to be worth?
    Trulia's estimated value for 387 Spence Rd in Rutledge, TN is $571,900.
  • What is the price history for 387 Spence Rd?
    387 Spence Rd in Rutledge, TN last sold for $240,000 in March 2022.
  • Is Rutledge a buyer's or seller's market?
    Rutledge is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Rutledge?
    Residents describe Rutledge, TN as easy to park in, well-kept, and walkable to grocery stores. See recently sold homes in Rutledge, TN.
  • How big is the lot at 387 Spence Rd?
    The lot at 387 Spence Rd in Rutledge, TN is about 42.3 acres.
  • Does 387 Spence Rd have a garage?
    Yes, 387 Spence Rd in Rutledge, TN has a garage.

Apartments for Rent

Skip to last item
  • Results are loading
Skip to first item

Off Market Homes Near 387 Spence Rd

Skip to last item
Skip to first item

Homes for sale near 387 Spence Rd

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item