Stunning Mountain View Retreat in East Tennessee! Escape the hustle and bustle of the city life with this breathtaking 3,000+ sq. ft. dream home overlooking the majestic Chilhowee & Benton mountains. Located just 20 minutes from the nearest hospital, this luxury home offers the perfect blend of privacy and convenience. Surrounded by serene pastures, you'll enjoy the tranquillity of country living without the upkeep. This beautifully updated home features a spacious master suite on the main floor, two large bedrooms upstairs, and a fully finished basement. Recent updates include a new roof, new doors, expansive decking, and a pole barn-If you're seeking peace, privacy, and modern comforts in a stunning natural setting, this home is a must-see. Don't miss out on this rare opportunity-Schedule your private tour today!
Directions: Starting in Cleveland, get on I-75 N, from N stay on I-75 for about 17 miles. Take exit 36 for US-64 W toward Chattanooga/Cleveland. Continue on US-64 W for about 8 miles. After 8 miles, turn left onto Old Hwy 11, After about 2.5 miles turn right onto Bishop Lane. The property will be on your left.
Price Information
Listing Price Info
Price Summary:
List Price: $675,000
Price Per SqFt: $224/SqFt
Tax Information:
Annual Amount: $1,830
Tax Year: 2020
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 Benton, TN.
This property is $387K more than the Median Sold Price and $27/SqFt more than other homes in Benton, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1277573
Listing Office:
Office Name: REMAX Experience
Office Phone: (423) 790-3086
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.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,436
Per Month
Principal & Interest
$3,369
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
$2,090
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
6
/10
Benton Elementary School
215 School House Hill Rd
Distance between this listing and this school1.41 miles
Public District Grades PK-5
6
/10
South Polk Elementary School
964 Old Federal Rd
Distance between this listing and this school6.36 miles
Public District Grades PK-5
4
/10
Taylor Elementary School
5265 Bates Pike SE
Distance between this listing and this school7.34 miles
Public District Grades KG-5
Nearby Schools
6
/10
Chilhowee Middle School
215 School House Hill Rd
Distance between this listing and this school1.28 miles
Public District Grades 6-8
7
/10
Calhoun Elementary School
150 Sherwood Ave
Distance between this listing and this school10.16 miles
Public District Grades PK-8
5
/10
Lake Forest Middle School
610 Kile Lake Rd SE
Distance between this listing and this school11.05 miles
Public District Grades 6-8
Nearby Schools
6
/10
Polk County High School
7200 Highway 411
Distance between this listing and this school3.42 miles
Public District Grades 9-12
7
/10
Walker Valley High School
750 Lauderdale Memorial Hwy NW
Distance between this listing and this school10.49 miles
Public District Grades 9-12
2
/10
North Cleveland Goal Academy
209 Sunset Dr NW
Distance between this listing and this school11.33 miles
The neighbors living near this home have an average income of $36,190. Most Benton, TN residents have annual incomes less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 153 Bishop Ln
What is the listing price of this property?
The listing price of 153 Bishop Ln property is $675,000.
What type of property is this?
The property 153 Bishop Ln is a house located in Benton, Tennessee, 37307.
Is this property for sale now?
Active Listing: 153 Bishop Ln is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,830 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 6, 2021 for $365,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 153 Bishop Ln has 4 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 153 Bishop Ln is 3,014 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 153 Bishop Ln is 1998.
This home is located at 153 Bishop Ln in Benton, TN and zip code 37307. This 3,014 square foot home, which was built in 1998, sits on a 0.92 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $675,000.
In October 2024 more than 0 listings in Benton, 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. The median list price of listings available in October 2024 was $288,000, while the average time on the real estate market was 14 days.
From Rocket Homes Real Estate and based on county public records data.