771 Wallace Ln, Grimsley, TN 38565
Property image
Property image
OFF MARKET

771 Wallace Ln
Grimsley, TN 38565

  • 1,080 sqft (on 1.86 acres)

$247,200

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $1,407/mo*

$247,200

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $1,407/mo*
1,080 sqft
(on 1.86 acres)

Home Value

Trulia Estimate
$247K
Since last month
Increased$10K (+4.1%)
Since last year
Increased$6K (+2.4%)
Since last sale
Increased$208K (+593.1%)
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 +2% in the last 10 years
MonthEstimated value
2026
August 2026$243K
July 2026$233K
June 2026$237K
May 2026$237K
April 2026$224K
March 2026$223K
February 2026$240K
January 2026$237K

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
0.41
Lot/Land
$20,000
01/20/26
3
2
1,200
0.77
Lot/Land
$53,900
08/10/26
-
-
1.29
Lot/Land
$28,000
07/08/26
3
-
-
1.38
Lot/Land
$28,500
11/12/25
-
-
1.41
Lot/Land
$28,500
11/12/25
-
-
1.23
Lot/Land
$14,250
11/12/25
-
-
1.32
Lot/Land
$14,250
11/12/25
-
-
1.34
Lot/Land
$14,250
11/12/25
-
-
2.25
Lot/Land
$25,000
04/08/26
-
-
2.45
Lot/Land
$44,500
04/02/26
-
-

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
0.09
$290,100
Studio
-
1,496
Off Market
0.18
$499,000
3
2
1,692
For Sale
0.13
-
-
-
-
Off Market
0.14
$312,800
3
2
1,400
Off Market
0.16
$345,200
3
3
2,164
Off Market
0.21
-
-
-
-
Off Market
0.21
$335,900
3
2
1,396
Off Market
0.17
$543,200
4
3
2,976
Off Market
0.24
-
-
-
-
Off Market
0.21
$799,000
3
3
3,200
For Sale
0.21
$975,000
3
3
3,200
For Sale
0.26
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 771 Wallace Ln.
  • Schools4 Preschool Schools4 Elementary Schools4 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Lot/Land
Year Built
2024
Lot Size
1.86 acres
Living Area
1,080 sqft
Price/Sqft
$229
Parking
Garage

About this House

This 1.86 acres of land is ready to build upon. The land has already has foundation and footers poured and gravel. Also, building plans are included with the purchase of this property as well as well as temporary electric pole. The land features a creek in the back. Great property.
771 Wallace Ln, Grimsley, TN 38565 is a 1,080 sqft lot/land built in 2024. It last sold for $35,000 on Jun 5, 2024. It is currently off market. The Trulia Estimate is $247,200, with a rent estimate of $1,143/month.

Home Details for 771 Wallace Ln

Exterior Features

Exterior Home Features
Roof: MetalDeckExterior: OtherFoundation Type: Footing
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 2024
Property Type / Style
Property Type: Lot Land

Interior Features

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

Community

Units in Building: 1

Lot Information

Lot Area: 1.86 acres

Price and Tax history

DateEventPrice
Jun 5, 2024
Source: N/A
Sold
$35,000
Jan 7, 2020
Source: Agent Provided
ListingRemoved
$30,000
Dec 16, 2019
Source: Agent Provided
Pending
$30,000
Nov 20, 2019
Source: Agent Provided
Listed For Sale
$30,000

Market trends in Clarkrange

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
25
2
MoM

What Locals Say about Clarkrange

At least 1 Trulia users voted on each feature.
  • 100 % Say it's quiet

  • 100 % Say there's wildlife

  • 100 % Say car is needed

  • 100 % Say parking is easy

  • 100 % Say yards are well-kept

  • 50 % Say there's holiday spirit

  • 38 % Say neighbors are friendly

  • 33 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.
  • Heather R.
    "Just moved here never felt safer, great neighbors and locals. Close by to bigger cities and shopping "
  • garronriec
    "Plenty to like about the area, but convenience to shopping, dining, kids activities, etc are not among them. It's rural. Very nice and quiet. Clean environment with lots of friendly folks and helpful neighbors."

LGBTQ Local Legal Protections

Frequently asked questions about 771 Wallace Ln

  • What is 771 Wallace Ln estimated to be worth?
    Trulia's estimated value for 771 Wallace Ln in Grimsley, TN is $247,200.
  • What is the price history for 771 Wallace Ln?
    771 Wallace Ln in Grimsley, TN last sold for $35,000 in June 2024.
  • Is Grimsley a buyer's or seller's market?
    Grimsley is currently a buyer's market, based on recent for-sale activity.
  • What are the closest schools to 771 Wallace Ln?
    The closest schools to 771 Wallace Ln in Grimsley, TN are Allardt Elementary School (Pre-K/Middle, rated 6/10), Clarkrange High School (rated 7/10), Pine Haven Elementary School (Pre-K/Middle, rated 6/10).

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