$750,000
SOLD MAR 15, 2022

357 Russell Ln Decatur, TN 37322

3 Beds
3 Baths
2,100 Sq Ft
0.36 Acres

Recently Sold

$357 Per Sq Ft

25% Below List Price

230 Days on Market

Highlights

  • Docks
  • No HOA
  • Cooling Available
  • River Front
  • Wet Bar
  • Tile Flooring

About This Home

As of March 2022

Here's your chance to own a home on the main channel of the Tennessee River. This fully furnished home sits overlooking the Tennessee River with the gorgeous view of the mountains in the background. This 2100 sq ft home features 3 bedrooms and 3 baths with extra rooms for guest or office, media, etc. Located in the Cottonport area, this home can be your primary residence, weekend getaway, or an investment. Currently being used as a short term rental with gross income of over 50k annually. The main level features a galley kitchen, living area, bedroom, and bath. Upstairs you will find two more bedrooms with a full bath. The bottom level features a bar area with two separate living areas. Once you make your way to the lake front area you will find a large covered boat dock complete with a boat lift and plenty of deck space for entertaining. After a long day spend time around the fire pit water side while you watch the sunset.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $959

Year Built

  • Built in 1991

Lot Details

  • 0.36 Acre Lot
  • River Front

Parking

  • Gravel Driveway

Home Design

  • Metal Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • Property has 3 Levels
  • Wet Bar
  • Ceiling Fan
  • Tile Flooring
  • Water Views
  • Finished Basement

Kitchen

  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Docks

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 Shor Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 050C A 04100 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$959

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1991
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Attribution Contact: 4236185857
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Ceiling Fan(s), Wet Bar
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Fireplace: No
  • Flooring: Tile
  • 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
  • Pool Private: No
  • Roof: Metal
  • View: Water, Valley
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Gravel

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.36
  • Lot Size: 108 x 155 irr
  • Lot Size Units: Acres
  • Parcel #: 050C A 04100 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 959
  • Tax Lot: 8

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2021
Closed on
Mar 15, 2022
Sold by
Damien Kenworthy
Bought by
Womack Todd Brady and Womack Katherine Ruth
List Price
$996,900
Sold Price
$750,000
Premium/Discount to List
-$246,900
-24.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.36%
Original Mortgage
$412,500
Outstanding Balance
$387,469
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$449,006

Purchase Details

Listed on
Apr 25, 2014
Closed on
Jun 27, 2014
Sold by
Hardman Keith Edwin
Bought by
Kenworthy Damien
Seller's Agent
John Sanders
Crye-Leike REALTORS
Buyer's Agent
Mollie Majors
Crye-Leike REALTORS
List Price
$129,800
Sold Price
$129,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.51%

Purchase Details

Closed on
Nov 5, 1990
Bought by
Hardman Keith Edwin and Hardman Colleen B

Purchase Details

Closed on
Mar 10, 1972
Bought by
Kile Roy and Kile Mary

Purchase Details

Closed on
Jul 12, 1958

Purchase Details

Closed on
Apr 29, 1952
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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

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
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

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2783166

Realtracs

APN: 050C-A-041.00