5 months on rocket

5LOTS Jones Ridge Rd, Speedwell, TN, 37870

$499,900

43.40 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
WaterfrontLake Access, Lake Front, River, Water Access
ViewMountain(s), Lake
MLS #1246386
Lot Size43.40 Acres
StatusActive

About 5LOTS Jones Ridge Rd

Want a large acreage tract with each individual lot having lake frontage? These five lots are for you. The lots can be subdivided to turn this into even more lakefront lots for building beautiful homes or have a sprawling acreage estate. 5 separate tracts have between 5.2 and 11.9 acres for you to enjoy. Smallest lake frontage is 108 ft and the largest is 447 ft. Do not miss this great investment opportunity for private acreage. Total lake frontage is 1471 for all five lots. Estimated timber value for the lots is between $50000 and $70000 (last estimate done in 2018).

Property Details

Property Features

Listing Office:

  • Office Name: Gables & Gates, REALTORS
  • Office Phone: (865) 777-9191

Exterior Features

Exterior Information:

  • Waterfront: Lake Access, Lake Front, River, Water Access
  • View: Mountain(s), Lake

Lot Features

Lot Information:

  • Lot: Waterfront, River, Rolling/Hilly, Wooded
  • Lot Size: 43.40 Acres

School Info

Assigned Schools Information:

  • Tennessee Virtual Academy, Public District Grades KG-8

Other

Directions Information:

  • Directions: From I-75 take 25W/63E towards Caryville/Jacksboro/Lafollette. In approx. 26 miles US-63 turn (R) on Cawood immediately prior to Commercial Bk & Speedwell Post office go half mile (L) on Old 63 & immediate (L) Back Valley Rd, Stay on Back Valley Rd approx. 1 mile to (R) on Jones Ridge Rd. Follow Jones Ridge Rd about 10 miles. Road will become dirt/gravel at that point- follow it back approx. 7 miles. GPS address to use 111 Lydia Ln Speedwell 37870. Property will be on left about 1/2 mile from Lydia turnoff

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,900
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Housing Market Comparison

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

Med. Sold Price

$240K

Med. Price/SqFt

$184

Avg. Days On Market

16

# of Sold Homes

2

5LOTS Jones Ridge Rd vs Speedwell

158 DAYS ON ROCKET

+142 Days

$499,900

+$259.9K More

KEY TAKEAWAY

This property is $259.9K more than the Median Sold Price in Speedwell, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1246386

Listing Office:

  • Office Name: Gables & Gates, REALTORS
  • Office Phone: (865) 777-9191

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.

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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

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$2,562

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,565

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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.

Middle School

school-card-donut-1074989
1
/10
  • Tennessee Virtual Academy

  • 115 Wilson Ln

  • 12.98 miles

  • Public District Grades KG-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,308. Residents of Speedwell, TN typically earn less than $35k 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 5LOTS Jones Ridge Rd

What is the listing price of this property?

The listing price of 5LOTS Jones Ridge Rd property is $499,900.

What type of property is this?

The property 5LOTS Jones Ridge Rd is land located in Speedwell, Tennessee, 37870.

Is this property for sale now?

Active Listing: 5LOTS Jones Ridge 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 5LOTS Jones Ridge Rd are:
Tennessee Virtual Academy: GreatSchools Rating 1/10

How much acreage is this property?

The property 5LOTS Jones Ridge Rd is 43.40 acres.
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Rocket HomesTennesseeClaiborne CountySpeedwell378705LOTS Jones Ridge Rd

This home is located at 5LOTS Jones Ridge Rd in Speedwell, TN and zip code 37870. This home sits on a 43.40 acre lot. It has been listed on Rocket Homes since November 20, 2023 and is currently priced at $499,900.

In March 2024 more than 0 listings in Speedwell, TN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. Between February 2024 and March 2024, Speedwell, TN real estate market has seen decrease in the number of listings by 9.1%. In March 2024, listings were on the market for 16 days. During the same period, the median list price in this real estate market was $240,000.

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

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