Calling all visionary investors with a keen eye for potential! This 3-bedroom, 1-bathroom property on 1.79 acres boasts panoramic views and endless possibilities. Built in 1972 with a solid all-brick exterior, it's ready for your creative touch. The inside is currently a blank canvas, with floors down to the subfloor in most areas. However, it does have a brand new refrigerator and a beautifully updated shower, giving you a head start on your renovation. Bonus features include: *Level 1.79 acres: Ample space for expansion, gardens, or your dream backyard oasis. *Two septics (one with permit): Potential for multi-unit dwelling (subject to approval). *Previously existing well with pump: Public water currently connected, but option for alternative water source if desired. *Three storage sheds: Perfect for tools, equipment, or future projects. *Amazing views: Enjoy breathtaking scenery from multiple vantage points. *HVAC: With the brand new system, you will comfortable all year round. This is an investor's dream! With some elbow grease and imagination, you can transform this property into a stunning single-family home, multi-unit rental, or your own personal masterpiece. The possibilities are endless! Home to be sold 'as-is.'
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1972
Living Area: 1,225 SqFt
Listing Office:
Office Name: Realty Executives Main Street
Office Phone: (423) 836-9494
Interior Features
Interior Information:
Appliances: Refrigerator
Basement: No
Flooring Type: Laminate
Interior: Eat-in Kitchen
Fireplace: Other, Brick, Wood Burning
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Exterior: Windows - Vinyl, Porch - Covered
Parking Information:
Attached Garage: No
Parking: Carport
Virtual/3D Tour
Virtual Tour: 1113 County Road 181
Virtual Tour
Lot Features
Lot Information:
Lot: Private, Irregular Lot, Level
Lot Size: 1.79 Acres
Utilities
Utilities Information:
Heating: Central, Propane
Cooling: Central Air, Wall/Window Unit(s)
Other
Directions Information:
Directions: Traveling I-75 South...take exit 49 onto Highway 30 toward Decatur. Go 3.4 miles and turn right onto County Road 180. Go 1.6 miles and turn left onto County Road 181. The home is on your left.
Price Information
Listing Price Info
Price Summary:
List Price: $188,000
Price Per SqFt: $153/SqFt
Tax Information:
Annual Amount: $391
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Decatur, TN.
This property is $84.5K less than the Median Sold Price and $18/SqFt less 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: #1253461
Listing Office:
Office Name: Realty Executives Main Street
Office Phone: (423) 836-9494
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,006
Per Month
Principal & Interest
$939
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$630
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
North City Elementary School
1601 Palos St
Distance between this listing and this school5.68 miles
Public District Grades 3-5
6
/10
Meigs North Elementary School
22015 State Highway 58 N
Distance between this listing and this school5.82 miles
Public District Grades PK-5
6
/10
Westside Elementary School
700 Westside St
Distance between this listing and this school6.16 miles
Public District Grades 3-5
Nearby Schools
5
/10
E K Baker Elementary School
1044 Co 172 Rd
Distance between this listing and this school2.49 miles
Public District Grades PK-8
5
/10
Rogers Creek Elementary School
137 County 82 Rd
Distance between this listing and this school5.43 miles
Public District Grades PK-8
6
/10
Meigs Middle School
586 N Main St
Distance between this listing and this school5.45 miles
Public District Grades 6-8
Nearby Schools
4
/10
McMinn High School
2215 Congress Pkwy S
Distance between this listing and this school5.46 miles
Public District Grades 9-12
7
/10
Meigs County High School
105 Abel Ave
Distance between this listing and this school5.84 miles
Public District Grades 9-12
7
/10
Central High School
145 Co 461 Rd
Distance between this listing and this school13.79 miles
The neighbors living near this home have an average income of $44,555. Most Decatur, TN residents have annual incomes between $35k-100k. Most families are married, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1113 County Road 181
What is the listing price of this property?
The listing price of 1113 County Road 181 property is $188,000.
What type of property is this?
The property 1113 County Road 181 is a house located in Decatur, Tennessee, 37322.
Is this property for sale now?
Active Listing: 1113 County Road 181 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 $391 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1113 County Road 181 has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 1113 County Road 181 is 1,225 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1113 County Road 181 is 1972.
This home is located at 1113 County Road 181 in Decatur, TN and zip code 37322. This 1,225 square foot home, which was built in 1972, sits on a 1.79 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 22, 2024 and is currently priced at $188,000.
Over 1 listings were sold over their listed price in March 2024 in Decatur, TN. In the same period over 4 listings were sold below the listed price and 1 listings were sold for the listed price. In March 2024 in Decatur, TN there were 15.4% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $272,500, while the average time on the real estate market was 41 days.
From Rocket Homes Real Estate and based on county public records data.