OWNER FINANCING AVAILABLE Located north of the Hiwassee River and east of the Tennessee River, this 7.3 acre property in Decatur, TN, offers an ideal private getaway. Situated in a tranquil rural setting on Mt. Carmel Rd, this expansive parcel provides plenty of space for outdoor recreation, development, or simply soaking in the natural beauty of the area. The land is divisible, making it a great opportunity for friends or family to purchase together. With a variety of tract sizes available, you can tailor the purchase to suit your specific needs. Surveyors and builders are on hand to help bring your vision to life. Don't miss this chance to own a piece of beautiful Tennessee—call now for more information!
Property Details
Property Features
Listing Office:
Office Name: K W Cleveland
Office Phone: (423) 303-1200
Exterior Features
Exterior Information:
View: Rural, Trees/Woods
Lot Features
Lot Information:
Lot: Rural Area, Wooded
Lot Size: 7.33 Acres
Other
Directions Information:
Directions: I-75 North to exit 36 to west onto County Road 20 which becomes Lamontville Rd to Mt. Carmel Rd
Price Information
Listing Price Info
Price Summary:
List Price: $109,935
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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$616
Per Month
Principal & Interest
$549
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$396
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Meigs South Elementary School
9638 State Highway 58 S
Distance between this listing and this school2.54 miles
Public District Grades PK-5
7
/10
Frazier Elementary School
3900 Double S Rd
Distance between this listing and this school7.61 miles
Public District Grades KG-5
6
/10
Charleston Elementary School
8797 Hiwassee St NW
Distance between this listing and this school10.03 miles
Public District Grades KG-5
Nearby Schools
5
/10
Rogers Creek Elementary School
137 County Road 82
Distance between this listing and this school8.36 miles
Public District Grades PK-8
5
/10
Dayton City School
520 Cherry St
Distance between this listing and this school10.18 miles
Public District Grades PK-8
7
/10
Calhoun Elementary School
150 Sherwood Ave
Distance between this listing and this school10.22 miles
Public District Grades PK-8
Nearby Schools
7
/10
Walker Valley High School
750 Lauderdale Memorial Hwy NW
Distance between this listing and this school9.58 miles
Public District Grades 9-12
6
/10
Meigs County High School
105 Abel Ave
Distance between this listing and this school9.83 miles
Public District Grades 9-12
6
/10
Sale Creek Middle/High School
211 Patterson Rd
Distance between this listing and this school12.70 miles
The neighbors living near this home have an average income of $40,852. Most Decatur, TN residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About LOT3 Mt Carmel Rd
What is the listing price of this property?
The listing price of LOT3 Mt Carmel Rd property is $109,935.
What type of property is this?
The property LOT3 Mt Carmel Rd is land located in Decatur, Tennessee, 37322.
Is this property for sale now?
Active Listing: LOT3 Mt Carmel Rd is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at LOT3 Mt Carmel Rd in Decatur, TN and zip code 37322. This home sits on a 7.33 acre lot. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $109,935.
Decatur, TN housing market in November 2024 saw over 4 listings sold above listed price, more than 1 sold at listed price and over 10 sold below. In November 2024 in Decatur, TN there were 18.8% more homes for sale than in October 2024. Listings spent 74 days on the market in November 2024, and had a median list price of $264,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.