NOT LISTED FOR SALE

511 Lower River Rd Decatur, TN 37322

Estimated Value: $488,000 - $649,000

4 Beds
3 Baths
3,136 Sq Ft
$175/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $450,000 $143 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,050/month

126 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Cathedral Ceiling
  • Mountain View
  • Engineered Wood Flooring
  • Main Floor Primary Bedroom

About This Home

As of October 2023

Country living on over 4 private acres with mountain views from the wrap around front porch and an elevator! The fenced front yard is lined with fruit trees along the driveway. Enter through the front door and you'll be amazed by the hardwood floors and knotty pine cathedral ceilings in the great room, dining area and loft. Beautiful bay windows and additional dormers give plenty of natural light. The wood burning fireplace has a stone hearth and hardwood mantle. The decorative stairs lead to a large loft with a full bath. The dining area with wet bar is spacious enough for the largest family table and leads to the screened porch for after dinner relaxing. The kitchen features stainless steel appliances and custom inlaid tile. The primary bedroom is on this level with bay windows facing the mountains. The en suite bath has a jetted soaking tub, custom tile work and a separate shower. The elevator leads to the lower level with 3 bedrooms, 2 of these have closets, and a full bathroom. There is a living area separated from the laundry room and elevator by 2 sets of French doors. Both sections have separate entrances to the garage walkway. The detached 3 bay garage is well lit, has one RV bay and 2 other bays. There is a level area near the house that has been cleared already if you have any garden projects in mind. Only a 6 minute drive to multiple marinas to dock your boat as well.

Last Agent to Sell the Property

Deborah Biancofiore

Weichert Realtors-The Space Place License #336593 Listed on: 09/21/2023

Last Buyer's Agent

Comps Non Member Licensee

COMPS ONLY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,281

Year Built

  • Built in 2004

Lot Details

  • 4.15 Acre Lot
  • Lot Dimensions are 608 x 327
  • Fenced
  • Level Lot
  • Wooded Lot

Parking

  • 3 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,136 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Window Treatments
  • Bay Window
  • Great Room with Fireplace
  • Sitting Room
  • Game Room with Fireplace
  • Screened Porch
  • Engineered Wood Flooring
  • Mountain Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Whirlpool Bathtub
  • Separate Shower

Outdoor Features

  • Outbuilding

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 056 013.06

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,281

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.15
  • Lot Size: 608 x 327
  • Subdivision Name: None
  • Directions: Driving North on Highway 58 turn left onto Armstrong Ferry Rd. Drive 2 miles then turn right on Lower River. House will be on the right in 3 miles.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 3136.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 2004
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 056 013.06
  • Location Tax and Legal Elementary School: Meigs South Elementary
  • Location Tax and Legal Middle Or Junior School2: Meigs County Middle
  • Location Tax and Legal High School: Meigs County High
  • Location Tax and Legal:Tax Annual Amount: 1280.73
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 4.15
  • General Property Information Lot Size Square Feet2: 180773.0
  • General Property Information Lot Size Dimensions: 608 x 327
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Flooring:Hardwood: Yes
  • Utilities Phone Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • General Property Information Attached Carport YN2: No
  • View:Mountain(s): Yes
  • Fencing Fenced: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Laundry Features Laundry Room: Yes
  • Interior Features En Suite: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Whirlpool Tub2: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Interior Features Sitting Area: Yes
  • Flooring Engineered Hardwood: Yes
  • Other Structures:Out Building: Yes
  • Special Listing Conditions Trust: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Free-Standing Gas Range, Electric Water Heater, Dishwasher
  • Has Basement: Finished, Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Great Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Double Vanity, Elevator, En Suite, Open Floorplan, Primary Downstairs, Separate Shower, Sitting Area, Soaking Tub, Walk-In Closet(s), Wet Bar, Whirlpool Tub
  • Window Features: Bay Window(s), Window Treatments
  • Appliances Dishwasher: Yes
  • Full Basement: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Free-Standing Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Fireplace Features:Great Room2: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Gentle Sloping, Level, Wooded
  • View: Mountain(s), Other
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch, Porch - Covered, Porch - Screened
  • Roof: Metal
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Level: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Wooded: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Window Features:Window Treatments: Yes
  • Window Features:Bay Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Garage Door Opener, Garage Faces Front, Off Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Off Street: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Garage Faces Front: Yes

Utilities

  • Laundry Features: Laundry Room
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Underground Utilities
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 180773.0
  • Additional Parcels: No
  • Parcel #: 056 013.06
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1280.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Oct 23, 2023
Sold by
Robinson Paula and Robinson Dustin
Bought by
Sullivan Susan Gail
Seller's Agent
Deborah Biancofiore
Weichert Realtors-The Space Place
Buyer's Agent
Comps Non Member Licensee
COMPS ONLY
List Price
$529,000
Sold Price
$450,000
Premium/Discount to List
-$79,000
-14.93%
Views
10
Current Estimated Value
$549,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,601
Avg. Annual Appreciation
4.00%
Original Mortgage
$132,000
Outstanding Balance
$130,137
Interest Rate
7.18%
Mortgage Type
Credit Line Revolving
Estimated Equity
$354,668

Purchase Details

Closed on
Jan 4, 2019
Sold by
Woodby Kathleen
Bought by
Robinson George D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,540
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 20, 2013
Closed on
Dec 12, 2013
Sold by
Goodin James M
Bought by
Sherman Terry and Woodby Kathleen
Seller's Agent
Rhonda McClure
KW Cleveland
Buyer's Agent
Sue Stevenson
Coldwell Banker Nelson Realtor
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%

Purchase Details

Closed on
Nov 21, 2003
Bought by
Goodwin James M and Goodwin Marjorie A

Purchase Details

Closed on
May 13, 1997
Bought by
Crisp Kent A and Crisp Patricia A

Purchase Details

Closed on
Jan 14, 1992
Bought by
Shope Vivian M Etvir James E

Purchase Details

Closed on
Dec 29, 1981
Bought by
Morgan Michael Joe and Morgan Vivian G
Source: Public Records

Range of Values:

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Average Value
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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
Sullivan Susan Gail $450,000 Conveyance Title
Robinson George D $295,900 --
Robinson George D $295,900 --
Sherman Terry $175,000 --
Sherman Terry $175,000 --
Goodwin James M $22,500 --
Goodwin James M $22,500 --
Crisp Kent A $12,000 --
Crisp Kent A $12,000 --
Shope Vivian M Etvir James E -- --
Shope Vivian M Etvir James E -- --
Morgan Michael Joe -- --
Morgan Michael Joe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Susan Gail $132,000
Previous Owner Robinson George D $297,318
Previous Owner Robinson George D $290,540
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2023 10/26/23 Sold $450,000 -9.8% $143 / Sq Ft
09/23/2023 09/23/23 Off Market $499,000 -- --
07/27/2023 07/27/23 Price Changed $499,000 -5.7% $159 / Sq Ft
05/19/2023 05/19/23 For Sale $529,000 +202.3% $169 / Sq Ft
12/17/2013 12/17/13 Sold $175,000 0.0% $69 / Sq Ft
12/17/2013 12/17/13 Sold $175,000 -2.7% $69 / Sq Ft
11/12/2013 11/12/13 Pending -- -- --
07/10/2012 07/10/12 For Sale $179,900 -- $71 / Sq Ft
Source: Greater Chattanooga 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
2024 $1,458 $86,350 $6,475 $79,875
2023 $1,458 $86,350 $6,475 $79,875
2022 $1,281 $75,850 $6,475 $69,375
2021 $1,281 $75,850 $6,475 $69,375
2020 $1,075 $75,850 $6,475 $69,375
2019 $915 $46,175 $6,150 $40,025
2018 $915 $46,175 $6,150 $40,025
2017 $915 $46,175 $6,150 $40,025
2016 $915 $46,175 $6,150 $40,025
2015 $865 $46,175 $6,150 $40,025
2014 $744 $39,725 $4,925 $34,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1373778

Greater Chattanooga REALTORS®

APN: 056-013.06