115 Melrose Ave, Bulls Gap, TN, 37711
About This Home
Diamond in the Rough with a View! This 3-bedroom, 2-bathroom home in Bulls Gap sits on a 0.58-acre lot, offering the perfect balance of affordability and potential. While it needs a little TLC and some modern updates to truly shine, the home is a solid canvas for someone looking to customize their space without starting from scratch. You'll love the expansive, level yard--ideal for pets, gardening, or a detached garage--and the peaceful, rural atmosphere that makes East Tennessee so desirable. Whether you're looking for a budget-friendly primary residence or a high-potential rental, this property offers incredible value for the price. Sold as-is, bring your creative touch and unlock the full charm of this Tennessee homestead!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1988
Type & Style
- Home type: MobileManufactured
- Property subType: Single Family Residence,Manufactured Home,Residential
Interior
Appliances
- Appliances included: Electric Range,Microwave,Refrigerator
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Vinyl,Other
- Fireplace features: Metal
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 1,100
Heating & Cooling
- Heating features: Electric
- Cooling features: None
Interior Area
- Total interior livable area: 1,100 sqft
Property
Details
- Parcel number: 161G E 00601 000
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 0.58 Acres
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Landslide
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $757 | $9,084 |
| Home Insurance | $79 | $948 |
| Property Taxes | $66 | $792 |
| Electricity | $175 | $2,103 |
| Total | $1,077 | $12,924 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-11 | Listed for sale | $149,900 |
| 2023-09-07 | Sold | $15,900 |
| 2013-05-02 | Sold | $14,000 |
| 2000-12-28 | Sold | $10,000 |
View on Zillow