Lot 152 is a .25 acre lot with dual waterfront, beautiful trees, and positioned a few feet from the TN river. This provides calmer waters, and protection from the harsh waves of the barges going by. It is THE perfect spot for relaxation, and convenience to the TN River. Additional lots are for sale! Lot 153 and 154 are being sold and can be purchased together (4.75 acres total). Utilities are at the road. Lot 153 and 154 have water meters. All lots have soil testing. Lot 154 has a septic permit.
Property Details
Property Features
Listing Office:
Office Name: Epique Realty
Exterior Features
Exterior Information:
Waterfront: Waterfront
View: Water
Lot Features
Lot Information:
Lot: Riparian Water Rights, Waterfront, Views
Lot Size: 0.25 Acres
Other
Directions Information:
Directions: From Clifton Marina Head west on Malina Dr toward W Pillow St ? 46 sec (0.2 mi) ? Follow TN-128 N to Dan Richardson Rd 11 min (6.2 mi) ? Continue on Dan Richardson Rd. Take Culps Bend Rd to River Front Dr in Perry County 12 min (5.3 mi)
Price Information
Listing Price Info
Price Summary:
List Price: $55,000
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 Clifton, 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.
$342
Per Month
Principal & Interest
$275
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
$231
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
Portageville Elementary School
1108 King Ave
Distance between this listing and this school12.87 miles
Public District Grades PK-5
3
/10
Ross Elementary School
128 State Highway A
Distance between this listing and this school13.04 miles
Public District Grades KG-5
5
/10
New Madrid Elementary School
955 US Highway 61
Distance between this listing and this school15.73 miles
Public District Grades PK-5
Nearby Schools
2
/10
Lara Kendall Elementary School
200 N College St
Distance between this listing and this school8.09 miles
Public District Grades 3-8
6
/10
Black Oak Elementary School
365 N Shawtown Rd
Distance between this listing and this school9.65 miles
Public District Grades PK-8
2
/10
Central Middle School
308 US Highway 61
Distance between this listing and this school14.65 miles
Public District Grades 6-8
Nearby Schools
4
/10
Lake County High School
300 Cochran St
Distance between this listing and this school0.53 miles
Public District Grades 9-12
6
/10
Portageville High School
904 King Ave
Distance between this listing and this school12.91 miles
Public District Grades 6-12
4
/10
Central High School
310 US Highway 61
Distance between this listing and this school14.52 miles
The neighbors living near this home have an average income of $34,057. The most common annual income of people living in Clifton, TN is less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 242 Drake Dr
What is the listing price of this property?
The listing price of 242 Drake Dr property is $55,000.
What type of property is this?
The property 242 Drake Dr is land located in Clifton, Tennessee, 38425.
Is this property for sale now?
Active Listing: 242 Drake Dr 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 242 Drake Dr in Clifton, TN and zip code 38425. This home sits on a 0.25 acre lot. It has been listed on Rocket Homes since June 02, 2024 and is currently priced at $55,000.
Over 0 listings were sold over their listed price in October 2024 in Clifton, TN. In the same period over 2 listings were sold below the listed price and 1 listings were sold for the listed price. Between September 2024 and October 2024, Clifton, TN real estate market has seen increase in the number of listings by 6.7%. In October 2024 median list price was $530,000 and the average listing age was 119 days.
From Rocket Homes Real Estate and based on county public records data.
Monster Trucks
Monster Trucks
NASCAR
Hunting
Wal-Mart
Dollar General
Academy Sports & Outdoors
Hardee's
Jimmy Johns
Applebees
Chevrolet
GMC
Ram
Country
New Country