4 months on rocket

195 County Road 550, Athens, TN, 37303

$1,995,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
6 Full Baths
4,181 SqFt
$477/SqFt
House

Location

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195 County Road 550, Athens$1,995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingKitchen Level
Attached Garage3 spaces
Year Built1997
HeatingCentral, Electric, Natural Gas
CoolingCentral Air
BasementYes
FireplaceGas Log, Wood Burning
ViewOther
MLS #1394777
Lot Size58.18 Acres
StatusActive

About 195 County Road 550

First Time on the Market in Over 100 Years - Exceptional 58+ Acre Estate with Two Stunning Homes This extraordinary family estate, nestled on over 58 acres of serene and secluded land, is now offered for sale for the first time in over a century. This unique property features two beautifully maintained homes—the charming ''Veranda House'' and a spacious Log Cabin—each designed with impeccable attention to detail and surrounded by the tranquility of nature. The Veranda Home: This exquisite two-bedroom, two-bath residence boasts over 1,200 square feet of covered and uncovered porches perfect for enjoying the peaceful surroundings. Inside, you'll find beautifully finished hardwood and tile floors, granite countertops in the kitchen and bathrooms, and a luxurious master suite complete with a walk-in closet, frameless glass shower, soaker tub, and dual vanities. The second bedroom features a built-in Murphy bed and an elegant tile bathroom with accent walls and a frameless shower. The home's basement provides ample storage, with cabinet space and a workbench area, making it perfect for any project. Step outside to a stunning Japanese-style garden, complete with a three-tier waterfall flowing into a 10,000 gallon pond, mature Japanese maples, and thoughtfully placed granite lanterns. A timber framed veranda leads to a secluded viewing area, ideal for quiet reflection or entertaining. The garden also features nightscape lighting, a gas fire pit area, a blue stone walkway, and a 12-zone drip irrigation system. Additional amenities include a three-car garage with a workshop, an RV storage facility with power, and a tractor storage barn. The Log Cabin: With over 2,000 square feet, this charming log cabin features a gorgeous stone foundation, a stone fireplace, and a handicap-accessible design. The wraparound covered porch offers views of mature maple and oak trees, while the front porch overlooks a gazebo built on the site of the original homeplace. Inside, the home offers three bedrooms, three baths, and a finished basement. An attached garage and a detached two-car garage with a workshop and water closet provide plenty of space for vehicles and storage. The Property: The estate spans over 58 acres, with approximately 10 acres of cleared property and yard space surrounded by lush woods. The property is accessed by a gated road, offering both privacy and convenience. It is minutes from downtown Athens and McMinn County Airport and located less than an hour from Chattanooga or Knoxville. This rare offering combines the timeless charm of two meticulously cared-for homes with the serenity of a secluded, gated estate. Don't miss the opportunity to own a piece of historythis family property is on the market for the first time in over 100 years.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1997
  • Living Area: 4,181 SqFt

Listing Office:

  • Office Name: Crye-Leike Realtors-Athens
  • Office Phone: (423) 746-0227

Interior Features

Interior Information:

  • Appliances: Refrigerator, Gas Range, Electric Water Heater, Convection Oven
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Interior: Cathedral Ceiling(s), Double Vanity, En Suite, Granite Counters, High Ceilings, High Speed Internet, Open Floorplan, Pantry, Primary Downstairs, Separate Shower, Sitting Area, Soaking Tub, Walk-In Closet(s)
  • Fireplace: Gas Log, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Lighting, Porch/Covered, Deck, Patio, Porch

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Kitchen Level

Lot Features

Lot Information:

  • Lot: Level, Sprinklers In Front, Sprinklers In Rear, Wooded
  • Lot Size: 58.18 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Highway 30 towards Etowah. Turn left onto county road 550 go approx 1-2 miles. Property is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,995,000
  • Price Per SqFt: $477/SqFt

Tax Information:

  • Annual Amount: $1,050
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$270K

Med. Price/SqFt

$166

Avg. Days On Market

40

# of Sold Homes

20

195 County Road 550 vs Athens

148 DAYS ON ROCKET

+108 Days

$1,995,000

+$1.7M More

$477/SqFt

+$311 More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $311/SqFt more than other homes in Athens, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1394777

Listing Office:

  • Office Name: Crye-Leike Realtors-Athens
  • Office Phone: (423) 746-0227

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: 11/23/2024, 11:50:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 05, 1989Home Sold
$21,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,050$67,900
2019$1,009$67,900
2018$1,009$65,225
2017$972$60,150

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,048

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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-1094780
6
/10
  • Westside Elementary School

  • 700 Westside St

  • 5.32 miles

  • Public District Grades 3-5

school-card-donut-1094781
5
/10
  • North City Elementary School

  • 1601 Palos St

  • 6.02 miles

  • Public District Grades 3-5

school-card-donut-1094782
6
/10
  • Charleston Elementary School

  • 8797 Hiwassee St NW

  • 13.44 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,866. Residents of Athens, TN typically earn less than $35k each year. Typical family type is married, 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 195 County Road 550

What is the listing price of this property?

The listing price of 195 County Road 550 property is $1,995,000.

What type of property is this?

The property 195 County Road 550 is a house located in Athens, Tennessee, 37303.

Is this property for sale now?

Active Listing: 195 County Road 550 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 $1,050 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 5, 1989 for $21,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 195 County Road 550 has 6 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 195 County Road 550 is 4,181 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 195 County Road 550 is 1997.

Rocket Homes›Tennessee›McMinn County›Athens›37303›195 County Road 550

This home is located at 195 County Road 550 in Athens, TN and zip code 37303. This 4,181 square foot home, which was built in 1997, sits on a 58.18 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $1,995,000.

While more than 4 listings in Athens, TN in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 13 were sold below. Between September 2024 and October 2024, Athens, TN real estate market has seen decrease in the number of listings by 11.3%. Listings spent 40 days on the market in October 2024, and had a median list price of $270,000 during the same period.

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

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