new - 6 days on rocket

885 Lake Odonnell Rd, Sewanee, TN, 37375

$505,000

Home List Price

$5,997*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,020 SqFt
$250/SqFt
House
Schools Nearby

Location

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885 Lake Odonnell Rd, Sewanee$505,000

Buyer Closing Credits

$5,997*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1976
HeatingCentral, Electric
CoolingCentral Air, Electric
BasementYes
FireplaceIn Living Room, Wood Burning
MLS #1390630
Lot Size0.81 Acres
StatusActive

About 885 Lake Odonnell Rd

Welcome to ultimate mountain living on Monteagle Mountain! Located on the domain of The University of the South and just steps away from Lake O'Donnell, this beautiful mountain stone one level home is a must see. The spacious layout consists of 3 bedrooms and 2 full baths plus a half bath in the large living room. This home is ideal for anyone or any family looking to experience all the adventures the mountain has to offer. The current owners have taken great care of the home, including installing a new roof and gutters plus the addition of the 500 sq. ft. screened in porch for maximum relaxation or entertaining . There is a fenced in area of the yard for kiddos or pets to play. This property backs up to the Mountain Goat Trail allowing for easy access to walk, bike or jog. Another special quality is that you can walk across the street to soak up some sun, kayak or go fishing at Lake O'Donnell. To see this gem of a home, schedule your private showing today by contacting Broker Bay; 888-594-8304, or Catherine Schwartz, the listing agent, 423-304-1003. University of the South lease policies apply. For Non-Employees of the University, buyers are required to pay a 4% transfer fee based on the purchase price. The yearly lease fee for non employee buyer/s is $1,796.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Level
  • Year Built: 1976
  • Living Area: 2,020 SqFt

Listing Office:

  • Office Name: The Group Real Estate Brokerage

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Electric Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood Engineered, Luxury Vinyl Planks
  • Interior: Island Work/Center, Skylight/Transform, Washer & Dryer Hookup
  • Fireplace: In Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch Covered, Porch Screened

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.81 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Franklin County High School, Public District Grades 9-12
  • South Middle School, Public District Grades 6-8
  • Sewanee Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Downtown Chattanooga: Take I-24 West towards Nashville for approximately 45 miles. Take exit 134 and turn left onto US-41A N towards The University of the South. Turn left on Lake O'Donnell Drive. Turn right onto Lake O'Donnell Road. House is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $505,000
  • Price Per SqFt: $250/SqFt

Tax Information:

  • Annual Amount: $882
  • Tax Year: 2020
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Housing Market Comparison

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

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Sewanee, TN

City

Med. List Price

$534.9K

Med. Price/SqFt

$258

Avg. Days On Market

116

885 Lake Odonnell Rd vs Sewanee

6 DAYS ON ROCKET

-110 Days

$505,000

-$29.9K Less

$250/SqFt

-$8 Less

KEY TAKEAWAY

This property is $29.9K less than the Median List Price and $8/SqFt less than other homes in Sewanee, TN.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1390630

Listing Office:

  • Office Name: The Group Real Estate Brokerage

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 Greater Chattanooga Association of Realtors®. 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. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 5:25:14 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$882$34,450
2019$807$34,250
2018$807$34,250
2017$846$34,250

History based on county public records data.

Payment Calculator

$2,588

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,581

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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.

Elementary School

school-card-donut-2891484
8
/10

  • Sewanee Elementary School

  • 209 University Ave

  • 0.83 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2891485
2
/10

  • South Middle School

  • 601 Cumberland St W

  • 7.65 miles

  • Public District Grades 6-8

High School

school-card-donut-2891486
5
/10

  • Franklin County High School

  • 833 Bypass Rd

  • 10.43 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,507. The most common annual income of people living in Sewanee, TN is between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 885 Lake Odonnell Rd

What is the listing price of this property?

The listing price of 885 Lake Odonnell Rd property is $505,000.

What type of property is this?

The property 885 Lake Odonnell Rd is a house located in Sewanee, Tennessee, 37375.

Is this property for sale now?

Active Listing: 885 Lake Odonnell 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 885 Lake Odonnell Rd are:
Sewanee Elementary School: GreatSchools Rating 8/10
South Middle School: GreatSchools Rating 2/10
Franklin County 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 $882 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 885 Lake Odonnell Rd has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 885 Lake Odonnell Rd is 2,020 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 885 Lake Odonnell Rd is 1976.

Rocket Homes›Tennessee›Franklin County›Sewanee›37375›885 Lake Odonnell Rd

This home is located at 885 Lake Odonnell Rd in Sewanee, TN and zip code 37375. This 2,020 square foot home, which was built in 1976, sits on a 0.81 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $505,000.

Listings spent 116 days on the market in March 2024, and had a median list price of $534,950 during the same period.

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

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