6 months on rocket

1061 Sneed Rd, Decatur, TN, 37322

$499,000

Home List Price

$5,926*

Closing Credit

4 Bedrooms
2 Full Baths
1,568 SqFt
$318/SqFt
House
Schools Nearby

Location

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1061 Sneed Rd, Decatur$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingBasement
Garage2 spaces
Year Built1996
HeatingPropane, Other
CoolingCentral Air
BasementYes
FireplaceNone
MLS #1243525
Lot Size5.06 Acres
StatusActive

About 1061 Sneed Rd

Welcome to this 4-bedroom, 2-bathroom oasis on 5 sprawling acres of scenic beauty. With a host of features that cater to both relaxation and investment, this home is a unique gem in the real estate market. This welcoming home has 4 bedrooms offering ample space for family and guests. The two well-appointed bathrooms ensure convenience for all. The property's rustic appeal is enhanced by its expansive 5-acre lot, providing endless possibilities for outdoor activities, gardening, or simply enjoying the tranquil surroundings. Beat the summer heat in style with the above-ground pool, perfect for hosting poolside gatherings and enjoying sunny days with loved ones. The large basement is a versatile space, offering endless opportunities for customization. Whether you envision a home gym, entertainment room, or additional living space, this blank canvas awaits your creative touch. The seller is going the extra mile to sweeten the deal, offering a painting allowance to customize the interior to your taste, with a reasonable offer. Additionally, they are open to negotiation on providing financial assistance for any necessary repairs or improvements, making this a fantastic opportunity to make this house truly your own. In addition to your primary residence, this property includes a rental property with a current tenant in place. This offers not only an immediate income stream but also the potential for future growth in your real estate portfolio. Escape the hustle and bustle of city life. This is a rare opportunity to own a country retreat that offers financial flexibility and investment potential. Don't miss your chance to make this property your dream home. Schedule a showing today to experience the beauty and tranquility of this countryside haven. Your ideal home awaits!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1996
  • Living Area: 1,568 SqFt

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes
  • Flooring Type: Laminate, Carpet
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Pool - Swim(Abv Grd), Porch - Covered, Deck

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Basement

Lot Features

Lot Information:

  • Lot: Level, Rolling/Hilly
  • Lot Size: 5.06 Acres

Utilities

Utilities Information:

  • Heating: Propane, Other
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From highway 58, turn onto Sneed Rd, (next to midway mart), home will be on the left about 2.5 miles down. SOP

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $318/SqFt

Tax Information:

  • Annual Amount: $842
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Decatur, TN.

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Decatur, TN

City

Med. Sold Price

$267K

Med. Price/SqFt

$174

Avg. Days On Market

31

# of Sold Homes

6

1061 Sneed Rd vs Decatur

197 DAYS ON ROCKET

+166 Days

$499,000

+$232K More

$318/SqFt

+$144 More

KEY TAKEAWAY

This property is $232K more than the Median Sold Price and $144/SqFt more than other homes in Decatur, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1243525

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 10:20:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$842$50,500
2019$842$42,500
2018$840$42,500
2017$840$42,375

History based on county public records data.

Payment Calculator

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-6433040
7
/10

  • Meigs South Elementary School

  • 9638 State Highway 58 S

  • 1.52 miles

  • Public District Grades PK-5

school-card-donut-6433041
7
/10

  • Frazier Elementary School

  • 3900 Double S Rd

  • 5.52 miles

  • Public District Grades KG-5

school-card-donut-6433042
5
/10

  • Rhea Central Elementary School

  • 1005 Delaware Ave

  • 9.99 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,852. Residents of Decatur, TN typically earn between $35k-100k each year. Residents typically live in married, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1061 Sneed Rd

What is the listing price of this property?

The listing price of 1061 Sneed Rd property is $499,000.

What type of property is this?

The property 1061 Sneed Rd is a house located in Decatur, Tennessee, 37322.

Is this property for sale now?

Active Listing: 1061 Sneed Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $842 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1061 Sneed Rd has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1061 Sneed Rd is 1,568 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1061 Sneed Rd is 1996.

Rocket Homes›Tennessee›Meigs County›Decatur›37322›1061 Sneed Rd

This home is located at 1061 Sneed Rd in Decatur, TN and zip code 37322. This 1,568 square foot home, which was built in 1996, sits on a 5.06 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 20, 2023 and is currently priced at $499,000.

While more than 1 listings in Decatur, TN in April 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 5 were sold below. The number of listings in Decatur, TN increased by 6.3% between March 2024 and April 2024. While the average time on the market in April 2024 was 31 days, the median list price was $267,000.

From Rocket Homes Real Estate and based on county public records data.

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