NOT LISTED FOR SALE

293 Lower River Rd Decatur, TN 37322

Estimated Value: $416,000 - $607,000

3 Beds
3 Baths
1,955 Sq Ft
$245/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $262,500 $134 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,581/month

51 Days on Market

Highlights

  • Mountain View
  • Ranch Style House
  • No HOA
  • Private Lot
  • Wood Flooring
  • Workshop

About This Home

As of October 2020

OVER 10 ACRES | MOMENTS FROM THE TENNESSEE RIVER - This 3 bedroom ranch with stunning mountain views is the home you've been waiting for! Inside, the cozy living room with brick fireplace and custom shelving is the ideal spot for relaxing evenings. Spacious dining room with a large custom light fixture is perfect for entertaining and gathering. Main level owner's suite is your own private retreat with a walk-in closet and en suite bath with double bowl vanity and tile walk-in shower. Downstairs, a partially finished basement with fireplace has plenty of potential for a bonus room, rec area, storage, etc. Outside, a detached garage/storage building allows for storing lawn equipment or can be transformed into your dream workshop. Situated on over 10 acres in the foothills of the Great Smoky Mountains and just 5 minutes from the Cottonport Marina, you don't want to miss the beauty and comfort surrounding this home.

Last Agent to Sell the Property

Cindi Richardson

Richardson Group License #274052 Listed on: 09/09/2020

Richardson Group

Last Buyer's Agent

A NON-MEMBER

--NON-MEMBER OFFICE-- License #308195

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $605

Year Built

  • Built in 1975

Lot Details

  • 10.25 Acre Lot
  • Private Lot

Parking

  • 1 Car Attached Garage
  • 1 Carport Space
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,955 Sq Ft Home
  • Bar
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Workshop
  • Mountain Views
  • Partially Finished Basement

Kitchen

  • Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Meigs South Elementary School
  • Meigs County Middle School
  • Meigs County High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • None Subdivision

Listing and Financial Details

  • Assessor Parcel Number 056 013.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$605

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 10.25
  • Lot Size: 10.25 acres
  • Subdivision Name: --NONE--
  • Directions: From 25th/Keith St, head NW on 25th St, continue onto Georgetown Rd, in 9.3 miles turn right onto TN-58 N, left onto Cottonport Rd, continue left to stay on Cottonport, turn left onto Lower River Rd, home is on the left.
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Year Built: 1975
  • General Property Information:Living Area2: 1955.0
  • Appliances Microwave: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Partially Finished
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Microwave, Oven
  • Interior Amenities: Walk-In Closet(s), Primary Downstairs, Bar, Bathroom Mirror(s), Ceiling Fan(s)
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Living Area: 1955.0
  • Window Features: Insulated Windows
  • ResoLivingAreaSource: Owner
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Gas3: Yes
  • Basement:Partially Finished: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Oven: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Bathroom Mirror(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Bar: Yes

Exterior Features

  • Roof: Metal
  • View: Mountain(s)
  • Construction Type: Brick, Vinyl Siding
  • Other Structures: Workshop, Outbuilding
  • Patio And Porch Features: Patio
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Asphalt, Driveway
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Asphalt: Yes

Utilities

  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Meigs South
  • High School: Meigs County
  • Middle Or Junior School: Meigs County

Lot Info

  • Lot Size Sq Ft: 446490.0
  • Parcel #: 056 013.01
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 605.29
  • Tax Book Number: W5

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Oct 30, 2020
Sold by
Goodge Jeremiah J and Goodge Victoria V
Bought by
Falkena Patricia A and Falkena Ralph C
Seller's Agent
Cindi Richardson
Richardson Group
Buyer's Agent
A NON-MEMBER
--NON-MEMBER OFFICE--
List Price
$270,000
Sold Price
$262,500
Premium/Discount to List
-$7,500
-2.78%
Current Estimated Value
$478,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,868
Avg. Annual Appreciation
12.31%
Original Mortgage
$165,000
Outstanding Balance
$146,491
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$331,877

Purchase Details

Closed on
Jul 10, 2017
Sold by
Farmer Phyllis
Bought by
Goodge Jeremiah J and Victoria V Goodge V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,474
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 1975
Bought by
Farmer Phillip C and Farmer Phyliss B

Purchase Details

Closed on
Apr 17, 1974
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Falkena Patricia A $262,500 None Available
Falkena Patricia A $262,500 None Available
Goodge Jeremiah J $185,600 --
Goodge Jeremiah J $185,600 --
Farmer Phillip C -- --
Farmer Phillip C -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falkena Patricia A $165,000
Closed Falkena Patricia A $165,000
Previous Owner Goodge Jeremiah J $187,474
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $262,500 -2.8% $134 / Sq Ft
09/09/2020 09/09/20 For Sale $270,000 -- $138 / Sq Ft
Source: River Counties Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $991 $58,675 $0 $0
2024 $991 $58,675 $9,875 $48,800
2023 $991 $58,675 $9,875 $48,800
2022 $991 $58,675 $9,875 $48,800
2021 $991 $58,675 $9,875 $48,800
2020 $720 $58,675 $9,875 $48,800
2019 $605 $30,550 $10,025 $20,525
2018 $605 $30,550 $10,025 $20,525
2017 $605 $30,550 $10,025 $20,525
2016 $605 $30,550 $10,025 $20,525
2015 $543 $28,975 $8,450 $20,525
2014 $489 $26,125 $6,075 $20,050
Source: Public Records

Agents Affiliated with this Home

  • Cindi Richardson

    Seller's Agent in 2020

    Cindi Richardson

    Richardson Group

    (423) 790-7979

    1,058 Total Sales

    Cindi Richardson
    Section Image

  • A

    Buyer's Agent in 2020

    A NON-MEMBER

    --NON-MEMBER OFFICE--

See All Agents

Map

Source: River Counties Association of REALTORS®

MLS Number: 20207172

River Counties Association of REALTORS®

APN: 056-013.01

Tennessee Meigs County Decatur 37322

293 Lower River Rd, Decatur, TN

Not Listed for Sale

Detached

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