1037 Oak Grove Rd

Decatur, TN
$ 495,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

87 Acres on Watts Bar lake bordered by 400+ acre state park insures no neighbors or competition. 60%+ hardwoods timber, 2 entrances from Johnson Ln and Oak Grove. Selective cut the timber and build lake cabins for BnB, build luxury homes, rv resort, 1031 invest, possibilities are vast! Can be combined with 2 adjoining tracts, 1250 and 0 Johnson Ln for a pkg discount, BUT HURRY! High Speed Internet JUST HIT THE BLOCK & has CHANGED THE GAME! Located In THE BnB sweet spot in a High Growth Market This is 1 of 3 lakefront parcels that include 104 acres of Mtn Lake Views, 87 wooded secluded and 5.75 acres with 600' of deep water access with docks permits. Need We Say More?

Land

  • Price
  • $ 495,000
  • Lot Size
  • 87 Acres
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Decatur
  • Taxes
  • $ 1286
  • County
  • MEIGS
  • Style
  • Lake Front,Recreational
  • Area
  • Meigs County
  • MLS#
  • 1142444
  • Zip
  • 37322
Listing Provided by: 1 Source Realty Pros
Data Source: Knoxville Area Association of REALTORS

Features

General

Acres 87.00
Area Meigs County - 41
Auction Y/n No
Easements Agricultural Rights, Mineral Rights Avlbl, Power Line/TVA, Timber Rights, TVA Flowage Easement
New Financing Cash, Exchange, New Loan
PUD Y/N No
Property Status N/A
Property SubType Lake Front, Recreational
Property Type D
Restrictions No
Road Frontage County
Subdivision Pg 0000
Topography Level, Partially Cleared
Utilities Available Cable TV, Electricity, Gas, Telephone, Water
Zoning Other, Zoned Agricultural, Zoned Residential

Exterior Features

Remarks 87 Acres on Watts Bar lake bordered by 400+ acre state park insures no neighbors or competition. 60%+ hardwoods timber
Improvements Septic Installed
Lot Description Irregular, Lakefront, Wooded
Lot Size IRR

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Cleveland, TN office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

2/9/2021 Listed $495,000

Property vs Zip Code Average in 37322

Price
AVG $190K
$500K
Taxes
AVG $349
$1,286
Visits
AVG 32
28

Map

1037 Oak Grove Rd Decatur, TN is a Single Family Home for sale at $495000 and a lot size of 87 Acres Acre(s). 1037 Oak Grove Rd Decatur has 0 bedrooms, 0 baths . The property's zip code is 37322 which is in Decatur, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.