7 months on rocket

1575 Old 15th Rd, Del Rio, TN, 37727

$850,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
1 Full Bath
1,890 SqFt
$450/SqFt
House
Schools Nearby

Location

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1575 Old 15th Rd, Del Rio$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1900
HeatingPropane, Other, Electric
CoolingCeiling Fan(s), Window Unit(s)
WaterfrontCreek, River, Pond
FireplaceOther, Wood Burning, Wood Burning Stove
ViewOther
MLS #1240211
Lot Size19.51 Acres
StatusActive

About 1575 Old 15th Rd

Located in Del Rio, in the heart of the Appalachian Mountains. This 20-acre property includes a fully functional restaurant named 'Annie's Pork and Beans' with a significant following and occasional live music events. It also includes a spacious historic home and several other income producing opportunities. One functioning overnight rental unit, renting for $80 per night. Multiple campsites available for rent at $20 per night. Two additional buildings that can be finished for additional overnight rental income. There's also 100-year-old spring on the property that could be used for artisan gravity-fed water. The home on the property was built in 1900, this home has 4 bedrooms and 1 bathroom. Features original hardwood floors and multiple propane heat sources. Several updates have been made in the last 5 years, enhancing its livability. The restaurant was originally established in 2017 after the property's previous store closed in 1978 after being open since 1896. The restaurant includes a kitchen, walk-in freezer, an open dining porch, two bathrooms, and a shower/laundry area. It's fully equipped and ready for new owners to take over. The property was featured on the Discovery Channel's 'Homestead Rescue,' which helped build the kitchen addition and a waterwheel that can produce a full months worth of power in one day. The property is zoned forestry with a commercial/residential overlay, providing flexibility for various uses. Facilities include a three-stall horse barn, four-stall goat barn, rabbit coop, chicken coop, quail coop, and storage. The rotating pasture and approximately a quarter-mile of creek frontage are ideal for homesteading and farming. It's also a great attribute for any type of event space or bed and breakfast. The property offers multiple income streams, including restaurant sales, overnight rentals, and campsite rentals. There's potential to convert two additional buildings into other rental units providing additional income opportunities. The property is deeply rooted in the local community, with antiques donated by community members spread throughout the restaurant space. It was also part of Christy Mission, adding to its historical significance. Overall, this property appears to be a unique opportunity for someone interested in both history and income generation. Its mix of historical charm, natural beauty, and existing revenue streams make it an appealing investment for the right buyer. Additional 5 acres for sale on Old 15th Road that has some areas already partially cleared.

Property Details

Property Features

Property Information:

  • Architectural Style: Historic
  • Year Built: 1900
  • Living Area: 1,890 SqFt

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 588-3232

Interior Features

Interior Information:

  • Appliances: Dryer, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Laminate, Hardwood
  • Interior: Eat-in Kitchen
  • Fireplace: Other, Wood Burning, Wood Burning Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Creek, River, Pond
  • View: Other
  • Exterior: Windows - Insulated, Porch - Covered

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Creek, River, Pond, Wooded, Irregular Lot, Rolling/Hilly
  • Lot Size: 19.51 Acres

Utilities

Utilities Information:

  • Heating: Propane, Other, Electric
  • Cooling: Ceiling Fan(s), Window Unit(s)

School Info

Assigned Schools Information:

  • Cosby High School, Public District Grades 9-12
  • Grassy Fork Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Follow I-40 east to Hartford Rd exit 447. Take Big Creek Rd to Old 15th Rd. Property will be on your left

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $450/SqFt

Tax Information:

  • Annual Amount: $459
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Del Rio, TN.

Med. List Price

$324.7K

Med. Price/SqFt

$168

Avg. Days On Market

134

1575 Old 15th Rd vs Del Rio

224 DAYS ON ROCKET

+90 Days

$850,000

+$525.3K More

$450/SqFt

+$282 More

KEY TAKEAWAY

This property is $525.3K more than the Median List Price and $282/SqFt more than other homes in Del Rio, TN.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1240211

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 588-3232

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: 5/1/2024, 9:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 12, 2015Home Sold
$115,000
Oct 09, 2007Home Sold
$162,900
Jul 31, 2007Home Sold
$20,000
Feb 18, 2004Home Sold
$75,500

Tax History

YEARPROP. TAXASSESSMENT
2020$459$17,200
2019$795$16,225
2018$795$28,075
2017$726$28,075

History based on county public records data.

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$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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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.

Middle School

school-card-donut-4401224
7
/10
  • Grassy Fork Elementary School

  • 4120 Big Creek Rd

  • 2.52 miles

  • Public District Grades KG-8

High School

school-card-donut-4401225
5
/10
  • Cosby High School

  • 3318 Cosby Hwy

  • 7.71 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,339. Typical income of Del Rio, TN residents is less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1575 Old 15th Rd

What is the listing price of this property?

The listing price of 1575 Old 15th Rd property is $850,000.

What type of property is this?

The property 1575 Old 15th Rd is a house located in Del Rio, Tennessee, 37727.

Is this property for sale now?

Active Listing: 1575 Old 15th Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1575 Old 15th Rd are:
Grassy Fork Elementary School: GreatSchools Rating 7/10
Cosby High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $459 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 12, 2015 for $115,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1575 Old 15th Rd has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1575 Old 15th Rd is 1,890 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1575 Old 15th Rd is 1900.

Rocket HomesTennesseeCocke CountyDel Rio377271575 Old 15th Rd

This home is located at 1575 Old 15th Rd in Del Rio, TN and zip code 37727. This 1,890 square foot home, which was built in 1900, sits on a 19.51 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 20, 2023 and is currently priced at $850,000.

In April 2024 in Del Rio, TN there were 11.1% more homes for sale than in March 2024. Listings spent 134 days on the market in April 2024, and had a median list price of $324,700 during the same period.

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

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