1 month on rocket

516 Lakewood Dr, Decatur, TN, 37322

$350,000

Home List Price

$4,156*

Closing Credit

3 Bedrooms
2 Full Baths
1,110 SqFt
$315/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

516 Lakewood Dr, Decatur$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingOff-Street Parking
Year Built2014
HeatingCentral, Electric
CoolingCentral Air
WaterfrontWater Access, Lake Front, Lake Access
FireplaceNone
ViewMountain(s), Lake
MLS #1255991
Lot Size0.67 Acres
StatusActive

About 516 Lakewood Dr

Low cost lake life is what you will find here! This beautifully kept manufactured home sits on .67 acre, has an easy walk to the water, plenty of parking, and the perfect little dock to sit and watch the wildlife, go for a swim, or park your boat. This home has been a short term vacation rental for the last couple of years and has had consistent visitors. It's been a nice way for the sellers to make a little extra income. Now they are ready for their next adventure. The water will start coming up in first part of April to start your warm weather lake adventures! Cottonport Marina is just a quick ride up the river (or drive up the road), where you can have a bite to eat at the restaurant, peruse the general store, get fishing supplies or bait, and get gas. Amenities such as shopping, hospitals, and restaurants can be found in nearby Dayton, Athens, or downtown Decatur. Come enjoy this little piece of paradise on Chickamauga Lake!

Property Details

Property Features

Property Information:

  • Architectural Style: Manufactured
  • Year Built: 2014
  • Living Area: 1,110 SqFt

Listing Office:

  • Office Name: Coldwell Banker Pryor Realty
  • Office Phone: (423) 775-4044

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Vinyl
  • Interior: Walk-In Closet(s), Eat-in Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Water Access, Lake Front, Lake Access
  • View: Mountain(s), Lake
  • Exterior: Windows - Vinyl, Porch - Covered, Fence - Chain, Deck, Dock

Parking Information:

  • Attached Garage: No
  • Parking: Off-Street Parking

Lot Features

Lot Information:

  • Lot: Waterfront, Level
  • Lot Size: 0.67 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Hwy 27 in Dayton, head northeast on Hwy 30, and go 11.5 miles. Turn Right onto Cottonport Rd and go 3.7 miles. Make a right onto Lakewood Circle and go 0.4 miles. Make a right on Lakewood Drive and go about 300ft. Property will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $315/SqFt
House and calculator

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.

Map thumbnail provided by MapBox

Decatur, TN

City

Med. Sold Price

$272.5K

Med. Price/SqFt

$170

Avg. Days On Market

41

# of Sold Homes

6

516 Lakewood Dr vs Decatur

42 DAYS ON ROCKET

+1 Day

$350,000

+$77.5K More

$315/SqFt

+$144 More

KEY TAKEAWAY

This property is $77.5K 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: #1255991

Listing Office:

  • Office Name: Coldwell Banker Pryor Realty
  • Office Phone: (423) 775-4044

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: 4/27/2024, 12:50:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 07, 2013Home Sold
$69,000
Sep 29, 1989Home Sold
$75,000

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

Powered By

Rocket Mortgage

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.

Nearby Schools

school-card-donut-1003457
7
/10

  • Frazier Elementary School

  • 3900 Double S Rd

  • 3.61 miles

  • Public District Grades KG-5

school-card-donut-1003458
7
/10

  • Meigs South Elementary School

  • 9638 State Highway 58 S

  • 3.90 miles

  • Public District Grades PK-5

school-card-donut-1003459
5
/10

  • Rhea Central Elementary School

  • 1005 Delaware Ave

  • 8.24 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 $32,246. Residents of Decatur, TN typically earn less than $35k each year. The majority of families are married, 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 516 Lakewood Dr

What is the listing price of this property?

The listing price of 516 Lakewood Dr property is $350,000.

What type of property is this?

The property 516 Lakewood Dr is a house located in Decatur, Tennessee, 37322.

Is this property for sale now?

Active Listing: 516 Lakewood Dr is For Sale (Active/New) which means the seller is accepting offers.

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

The last sale was on May 7, 2013 for $69,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 516 Lakewood Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 516 Lakewood Dr is 1,110 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 516 Lakewood Dr is 2014.

Rocket Homes›Tennessee›Meigs County›Decatur›37322›516 Lakewood Dr

This home is located at 516 Lakewood Dr in Decatur, TN and zip code 37322. This 1,110 square foot home, which was built in 2014, sits on a 0.67 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $350,000.

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. The number of listings in Decatur, TN increased by 15.4% between February 2024 and March 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.

More Resources