8 months on rocket

1 Millstone Mountain Rd, Rockwood, TN, 37854

$380,000

76.00 Acres
Land

Location

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Property Highlights

Home TypeOther
ViewMountain(s)
MLS #1258980
Lot Size76.00 Acres
StatusActive

About 1 Millstone Mountain Rd

This listing is a parcel totalling ±360 acres split into 5 parcels ranging from ±55 to ±90 acres in size. The splits are located on Millstone Mountain Road in east Cumberland County. The attached map shows the proposed splits and the access road that all five splits will share a 50 foot easement for ingress and utilities. The seller has not installed electric utilities along the road and all buyers will be required to share the expense for installation. Tracts 1 and 5 have road frontage and will not necessarily have to share in the installation costs. Tracts 2, 3, and 4 will definitely need to have electric along the access road. We have checked with Volunteer Electric and found the estimated total cost cost to be $42,000.00 to a point at the end of the easement. Further electric will be at each buyers expense. A Draft of the easement maintenance by the buyers can be found in the documents section on the website. Tract 1 is 55 acres Priced at $5500/acre or $302500.00. Tract 2 is 60 acres at $5500/acre or $330,000.00. Tract 3 is 88 acres at $5000.00/acre or $440,000.00. Tract 4 is 81 acres priced at $5500.00/acre or $445,500.00. Tract 5 is 76 acres $5000.00/acre or $380,000.00. Tract#1 is contract pending.

Property Details

Property Features

Listing Office:

  • Office Name: AFM Real Estate
  • Office Phone: (865) 248-8315

Exterior Features

Exterior Information:

  • View: Mountain(s)

Lot Features

Lot Information:

  • Lot: Private, Rolling/Hilly, Wooded, Irregular Lot
  • Lot Size: 76.00 Acres

Other

Directions Information:

  • Directions: From the Westal exit go south on TN 299 0.5 miles, turn right on Pig Path Road 1.6 miles, turn right on Millstone Mountain Road 2.2 miles and tract is on the left. Lat/Long 35.913072 - -84.785494.

Price Information

Listing Price Info

Price Summary:

  • List Price: $380,000
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Housing Market Comparison

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

Med. Sold Price

$235K

Med. Price/SqFt

$151

Avg. Days On Market

68

# of Sold Homes

12

1 Millstone Mountain Rd vs Rockwood

255 DAYS ON ROCKET

+187 Days

$380,000

+$145K More

KEY TAKEAWAY

This property is $145K more than the Median Sold Price in Rockwood, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1258980

Listing Office:

  • Office Name: AFM Real Estate
  • Office Phone: (865) 248-8315

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: 12/22/2024, 3:21:07 PM 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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$1,964

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,206

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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.

Nearby Schools

school-card-donut-1003190
6
/10
  • Ridge View Elementary School

  • 625 Pumphouse Rd

  • 5.30 miles

  • Public District Grades PK-5

school-card-donut-1003191
7
/10
  • Midtown Elementary School

  • 2830 Roane State Hwy

  • 11.29 miles

  • Public District Grades PK-5

school-card-donut-1003192
6
/10
  • Bowers Elementary School

  • 120 Breazeale St

  • 11.59 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,065. Most Rockwood, TN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1 Millstone Mountain Rd

What is the listing price of this property?

The listing price of 1 Millstone Mountain Rd property is $380,000.

What type of property is this?

The property 1 Millstone Mountain Rd is land located in Rockwood, Tennessee, 37854.

Is this property for sale now?

Active Listing: 1 Millstone Mountain Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 1 Millstone Mountain Rd is 76.00 acres.
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Rocket HomesTennesseeRoane CountyRockwood378541 Millstone Mountain Rd

This home is located at 1 Millstone Mountain Rd in Rockwood, TN and zip code 37854. This home sits on a 76.00 acre lot. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $380,000.

In November 2024, from all listings sold in Rockwood, TN there were more than 0 sold above asking price, over 9 sold below and more than 3 were sold right at the asked price. Between October 2024 and November 2024, Rockwood, TN real estate market has seen decrease in the number of listings by 8.2%. In November 2024, listings were on the market for 68 days. During the same period, the median list price in this real estate market was $235,000.

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

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