$875,000

357 Russell Ln Decatur, TN 37322

Estimated payment $4,881/month

Total Views 5,156
3 Beds
3 Baths
2,100 Sq Ft
$417 Price per Sq Ft

Highlights

  • Docks
  • Wooded Lot
  • Porch
  • River View
  • No HOA
  • Walk-In Closet

About This Home

This fully furnished, 3-bedroom, 3-bathroom, home presents an enticing opportunity on the Tennessee River's main channel. Nestled in the Cottonport area, it offers a captivating view of the Tennessee River against the backdrop of majestic mountains. With a spacious 2100 sq ft floor plan, this residence additionally boasts of versatile rooms suitable for guests, an office, or media purposes. Inside, the main level features a galley kitchen, a welcoming living area, a bedroom, and a bathroom. Upstairs, two more bedrooms and a full bath await. The lower level adds to the property's appeal, offering a bar area and separate living spaces. The outdoor amenities are equally enticing, with a spacious covered boat dock complete with a boat lift and ample deck space for hosting gatherings while enjoying the riverfront views. A charming fire pit by the water's edge adds a cozy touch, perfect for watching the sunset after a long day. The property's versatility makes it an ideal primary residence, weekend getaway, or investment property. Notably, this home is currently utilized as a short-term rental, generating an annual gross income exceeding $50,000, making it an attractive prospect for investors seeking rental income. This property's convenient location provides easy access to Chattanooga and allows for day trips to popular destinations like Gatlinburg, Pigeon Forge, and the Ocoee Rafting Center. Whether as a peaceful residence or a lucrative investment, this Tennessee River home offers a wealth of potential.

Listing Agent

Grace Edrington

Berkshire Hathaway HomeServices J Douglas Prop. License #291147 Listed on: 06/16/2025

Berkshire Hathaway HomeServices J Douglas Prop.

Co-Listing Agent

George Edrington

Berkshire Hathaway HomeServices J Douglas Prop. License #291326

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,369

Year Built

  • Built in 1991

Lot Details

  • 0.35 Acre Lot
  • River Front
  • Sloped Lot
  • Wooded Lot

Property Views

  • River
  • Lake

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • Property has 3 Levels
  • ENERGY STAR Qualified Windows
  • Fire and Smoke Detector
  • Finished Basement

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Outdoor Features

  • Docks
  • Porch

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • Holly Glen Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050C A 04100 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,369

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Other
  • Year Built: 1991
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: EXIST
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: None
  • Fireplace: No
  • Flooring: Tile, Vinyl, Other
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Has Basement: Finished
  • Building Area Units: Square Feet
  • Living Area: 2100
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Dock, Sprinkler System
  • Construction Type: Other
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Asphalt
  • View: Lake, River, Water, Mountain(s)
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Garage Door Opener, Detached, Paved

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Sloped, Wooded, Cleared, Views, Cul-De-Sac, Other
  • Lot Size Acres: 0.35
  • Lot Size: 75X188.9IRR
  • Lot Size Units: Acres
  • Parcel #: 050C A 04100 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1369

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $1,369 $81,075 $30,000 $51,075
2023 $1,369 $81,075 $30,000 $51,075
2022 $1,202 $71,200 $30,000 $41,200
2021 $1,202 $71,200 $30,000 $41,200
2020 $959 $52,825 $25,000 $27,825
2019 $959 $48,400 $25,000 $23,400
2018 $959 $48,400 $25,000 $23,400
2017 $959 $48,400 $25,000 $23,400
2016 $959 $48,400 $25,000 $23,400
2015 $906 $48,400 $25,000 $23,400
2014 $542 $28,950 $10,700 $18,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 For Sale $875,000 +16.7% $417 / Sq Ft
03/15/2022 03/15/22 Sold $750,000 -24.8% $357 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
07/10/2021 07/10/21 For Sale $996,900 +668.0% $475 / Sq Ft
06/27/2014 06/27/14 Sold $129,800 0.0% $83 / Sq Ft
06/07/2014 06/07/14 Pending -- -- --
04/24/2014 04/24/14 For Sale $129,800 -- $83 / Sq Ft
Source: Realtracs

Purchase History

Date Type Sale Price Title Company
Warranty Deed $750,000 Bridge City Abstract
Warranty Deed $750,000 Bridge City Abstract
Warranty Deed $129,800 --
Warranty Deed $129,800 --
Warranty Deed $15,000 --
Warranty Deed $15,000 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $412,500 New Conventional
Previous Owner $247,000 New Conventional
Previous Owner $50,000 New Conventional
Source: Public Records

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Source: Realtracs

MLS Number: 2915948

Realtracs

APN: 050C-A-041.00