$56,000
SOLD JUN 20, 2023

573 Rabbit Ranch Ln Decatur, TN 37322

5.28 Acres
$10,606 Price per Acre
229,997 Sq Ft Lot

Recently Sold

7% Below List Price

0 Day on Market

Highlights

  • Countryside Views
  • Wooded Lot
  • Lot Has A Rolling Slope

About This Lot

As of September 2025

Property is ready and waiting , septic already installed and approved for 3 bedroom home, water meter set and ready, utility pole for power. The only thing this property needs is you and your home, call today for your private showing.

Last Agent to Sell the Property

Linda Verstynen

Weichert Realtors - The Space Place License #238345 Listed on: 06/05/2023

Weichert Realtors - The Space Place

Last Buyer's Agent

Darren Miller

eXp Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $123

Lot Details

  • 5.28 Acre Lot
  • Property fronts a county road
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Wooded Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential, Zoned Agricultural

Additional Features

  • Countryside Views
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 047 004.36

Property Details

Property Type

Land

Est. Annual Taxes

$123

Lot Details

0

Listing Details

  • Directions: Decatur, go Hwy 30W approximate 1/4 mile, turn right onto Goodfield Road, continue on, Rabbit Ranch Rd bears to right, continue to property on right. SOP
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 5.28
  • Lot Size: 229,996
  • Topography:Rolling: Yes
  • Improvements:Utilities on Site: Yes
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Water5: Yes
  • Property Sub-Type:Single Family2: Yes
  • Road Frontage:County4: Yes
  • Topography:Partially Cleared: Yes
  • Improvements:Septic Installed: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Country Setting
  • Lot Features: Rolling, Wooded, Rolling Slope
  • Topography: {"Partially Cleared":true}

Lot Info

  • Lot Size Sq Ft: 229996.8
  • Parcel #: 047 004.36
  • Zoning Description: Zoned Residential, Zoned Agricultural
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Sep 2, 2025
Sold by
Garcia Shannon N
Bought by
Sandridge Shawn and Sandridge China
Seller's Agent
Benjamin Helton
RE/MAX Properties
Buyer's Agent
Comps Non Member Licensee
COMPS ONLY
List Price
$165,000
Sold Price
$75,000
Premium/Discount to List
-$90,000
-54.55%
Views
499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46870.66%
Original Mortgage
$60,000
Outstanding Balance
$60,000
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$55,369

Purchase Details

Listed on
Jun 5, 2023
Closed on
Jun 20, 2023
Sold by
Vandemark Ralph R
Bought by
Garcia Shannon
Seller's Agent
Linda Verstynen
Weichert Realtors - The Space Place
Buyer's Agent
Darren Miller
eXp Realty, LLC
List Price
$60,000
Sold Price
$56,000
Premium/Discount to List
-$4,000
-6.67%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.13%

Purchase Details

Closed on
Apr 20, 2023
Sold by
Thompson Robert C
Bought by
Vandemark Ralph R

Purchase Details

Closed on
Feb 5, 1997
Bought by
Thompson Robert C
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $75,000 Alliance Title Company
Warranty Deed $56,000 Foothills Title
Warranty Deed $27,000 None Listed On Document
Warranty Deed $27,000 None Listed On Document
Warranty Deed $10,000 --
Warranty Deed $10,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 Sold $75,000 -34.8% $50 / Sq Ft
07/05/2025 07/05/25 Pending -- -- --
05/29/2025 05/29/25 Price Changed $115,000 -14.8% $76 / Sq Ft
05/08/2025 05/08/25 Price Changed $135,000 -12.9% $89 / Sq Ft
04/23/2025 04/23/25 Price Changed $155,000 -6.1% $103 / Sq Ft
01/25/2025 01/25/25 Price Changed $165,000 +6.5% $109 / Sq Ft
07/24/2024 07/24/24 Price Changed $155,000 -6.1% $103 / Sq Ft
07/05/2024 07/05/24 For Sale $165,000 +194.6% $109 / Sq Ft
06/20/2023 06/20/23 Sold $56,000 -6.7% --
06/06/2023 06/06/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $60,000 -- --
Source: East Tennessee REALTORS® MLS

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 $123 $7,275 $7,275 $0
2023 $123 $7,275 $7,275 $0
2022 $147 $8,725 $7,275 $1,450
2021 $147 $8,725 $7,275 $1,450
2020 $136 $8,725 $7,275 $1,450
2019 $136 $6,875 $5,850 $1,025
2018 $136 $6,875 $5,850 $1,025
2017 $136 $6,875 $5,850 $1,025
2016 $142 $7,150 $5,850 $1,300
2015 $134 $7,150 $5,850 $1,300
2014 $140 $7,500 $5,650 $1,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1229162

East Tennessee REALTORS® MLS

APN: 047-004.36