357 Russell Ln Decatur, TN 37322
Estimated payment $4,960/month
Total Views
3,116
3
Beds
3
Baths
2,100
Sq Ft
$417
Price per Sq Ft
Highlights
- Docks
- Wooded Lot
- No HOA
- Panoramic View
- Granite Countertops
- Cul-De-Sac
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
Berkshire Hathaway J Douglas Properties License #291147 Listed on: 06/16/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,369
Year Built
- Built in 1991
Lot Details
- 0.35 Acre Lot
- River Front
- Property fronts a county road
- Cul-De-Sac
- Steep Slope
- Cleared Lot
- Wooded Lot
Property Views
- River
- Lake
- Panoramic
- Skyline
- Trees
- Ridge
- Mountain
- Forest
Home Design
- Block Foundation
- Shingle Roof
- HardiePlank Type
Interior Spaces
- 2,100 Sq Ft Home
- 2-Story Property
- Insulated Windows
- Fire and Smoke Detector
- Granite Countertops
- Laundry Room
- Finished Basement
Flooring
- Tile
- Luxury Vinyl Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Parking
- Garage
- Garage Door Opener
- Off-Street Parking
Outdoor Features
- Docks
- Outbuilding
- Rear Porch
Schools
- Meigs South Elementary School
- Meigs County Middle School
- Meigs County High School
Utilities
- Central Heating and Cooling System
- Septic Tank
- Sewer Not Available
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
- Holly Glen Shor Subdivision
Listing and Financial Details
- Assessor Parcel Number 050c A 04100 000
Map
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Home Values in the Area
Average Home Value in this Area
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: River Counties Association of REALTORS®
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
Similar Homes in Decatur, TN
-
$1,000,000
- 4 Beds
- 3 Baths
- 3,234 Sq Ft
- 383 Lakehaven Cir
- Decatur, TN
Beautiful lake home sitting on the Tennessee River with a nice dock for entertaining. Home features four bedrooms and three bathrooms. Great room has a tongue and groove cathedral ceiling, plus a stone fireplace with gas logs for those cozy winter nights. The great room has a wall of windows and door for spectacular views of the river. The dining room also has doors leading out to a large private
Mike Givens RE/MAX Properties
Source: River Counties Association of REALTORS®
MLS Number: 20252719
APN: 050C-A-041.00
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