508 Spence Rd, Rutledge, TN 37861
OFF MARKET

$444,100

Trulia Estimate
  • Studio
  • 2 Baths
  • 1,344 sqft (on 9 acres)

508 Spence Rd, Rutledge, TN 37861

Est. Refi. Payment $2,568/mo*
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Home Value

Trulia Estimate
$444K
Since last month
Increased$1K (+0.2%)
Since last year
Increased$57K (+14.7%)
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 +157% in the last 10 years
MonthEstimated value
2026
August 2026$445K
August 2026$444K
July 2026$444K
June 2026$449K
May 2026$435K
April 2026$424K
March 2026$424K
February 2026$394K
January 2026$394K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
194 Pleasant Ridge Ln, Bean Station, TN
0.91
Single-Family Home
$345,000
11/14/25
3
2
1,456
1366 Bowen Rd, Rutledge, TN
0.98
Single-Family Home
$370,000
03/18/26
2
1,922
7288 Lakeshore Dr, Rutledge, TN
1.25
Single-Family Home
$348,400
07/15/26
3
2
1,680
1175 Cardnal Cv, Rutledge, TN
1.58
Single-Family Home
$500,000
09/29/25
3
2
2,304
655 Taylor Rd, Rutledge, TN
1.70
Single-Family Home
$343,000
08/10/26
3
2
1,301
127 Deer Ridge Dr, Rutledge, TN
1.69
Single-Family Home
$343,000
07/29/26
3
2
1,416
2900 Highway 11W S, Rutledge, TN
1.56
Single-Family Home
$710,000
03/23/26
5
5
6,768
258 Hoppers Blf, Rutledge, TN
1.44
Single-Family Home
$489,000
01/20/26
3
2.5
2,520
105 Oak Hill Ave, Bean Station, TN
1.68
Single-Family Home
$550,000
08/10/26
2
1,404
199 Honey Creek Ln, Rutledge, TN
1.57
Single-Family Home
$182,000
02/11/26
2
2
768

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
0.54
-
-
-
-
Off Market
1670 Bowen Rd, Rutledge, TN 37861
0.52
$323,500
3
2
1,730
Off Market
1939 Hodgetown Rd, Rutledge, TN 37861
0.51
$208,100
1
1
896
Off Market
Hodgetown Rd, Rutledge, TN 37861
0.54
-
-
-
-
Off Market
1871 Hodgetown Rd, Rutledge, TN 37861
0.56
$102,500
2
1
1,132
Off Market
642 Hodgetown Rd, Rutledge, TN 37861
0.67
$378,600
3
2
1,300
Off Market
917 Hodgetown Rd, Rutledge, TN 37861
0.70
$267,400
3
2
942
Off Market
500 Myers Rd, Rutledge, TN 37861
0.81
$536,200
3
3
1,584
Off Market
Lots 10&11 Pleasant Ridge Ln, Bean Station, TN 37708
0.84
-
-
-
-
Off Market
225 Pleasant Ridge Ln, Bean Station, TN 37708
0.87
$435,000
3
3.5
3,000
Off Market
197 Pleasant Ridge Ln, Bean Station, TN 37708
0.89
$428,100
4
3
2,152
Off Market
191 Pleasant Ridge Ln, Bean Station, TN 37708
0.90
$293,600
3
2
1,200
Off Market

Local Information

  • Map ViewExplore the area around 508 Spence Rd.
  • Schools1 Preschool School2 Elementary Schools1 Middle School3 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2012
9 acre lot
1,344 sqft
$330/sqft

About this House

This single-family home is located at 508 Spence Rd, Rutledge, TN. 508 Spence Rd is in Rutledge, TN and in ZIP code 37861. This property has 2 bathrooms and approximately 1,344 sqft of floor space. This property has a lot size of 9.00 acres and was built in 2012.
508 Spence Rd, Rutledge, TN 37861 is a studio, 2 bathroom, 1,344 sqft single-family home built in 2012. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $444,100, with a rent estimate of $1,862/month.

Home Details for 508 Spence Rd

Interior Features

Interior Details
Basement
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood
Heating & Cooling
Air Conditioning

Exterior Features

Exterior Home Features
Roof: MetalExterior: BrickFoundation Type: Footing

Property Information

Year Built
Year Built: 2012Year Updated: 2012
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 9.00 acres

Price and Tax history

YearProperty taxTax assessment
2025
$1,387
$236,000
Home facts updated by county records

Market trends in Rutledge

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
41
1MoM

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."
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Frequently asked questions about 508 Spence Rd

  • What is 508 Spence Rd estimated to be worth?
    Trulia's estimated value for 508 Spence Rd in Rutledge, TN is $444,100.
  • 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.
  • What are the closest schools to 508 Spence Rd?
    The closest schools to 508 Spence Rd in Rutledge, TN are Grainger Academy (High), Grainger County Adult High School, Grainger High School (rated 3/10).
  • How big is the lot at 508 Spence Rd?
    The lot at 508 Spence Rd in Rutledge, TN is about 9 acres.

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Off Market Homes Near 508 Spence Rd

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