5 months on rocket

261 Lakewood Circle Dr, Decatur, TN, 37322

$1,300,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
3,445 SqFt
$377/SqFt
House

Location

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261 Lakewood Circle Dr, Decatur$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage3 spaces
Year Built2016
HeatingCentral, Propane
CoolingCentral Air
WaterfrontWater Access, River
FireplaceBrick
ViewMountain(s)
MLS #1270550
Lot Size1.04 Acres
StatusActive

About 261 Lakewood Circle Dr

3 BEDROOM HOME, PRIVATE DOCK, SEPARATE LIVING QUARTERS - Welcome to your dream home with breathtaking water views of the Tennessee River! As you approach, you'll be captivated by the private dock and the expansive wrap-around porch that promises serene relaxation and stunning scenery. The outdoor kitchen is perfect for alfresco dining, and the property boasts both a 2-car detached garage in which you will find separate living quarters that include 1 bedroom and 1 full bathroom. As well as a 1-car detached garage, offering ample space and versatility. Step inside to be greeted by a formal living space that exudes elegance and charm. The heart of the home is the spacious kitchen, offering panoramic views of the water, making meal preparation a delightful experience. Adjacent to the kitchen is a formal dining room, perfect for hosting dinner parties, and another cozy living area ideal for intimate gatherings. On the other side of the home, you'll find two inviting bedrooms, both with direct access to the wrap-around porch, providing a perfect retreat to enjoy the tranquil surroundings. A full bath serves these bedrooms, ensuring comfort and convenience. The master suite is a true sanctuary, featuring large windows that frame the picturesque water views and offer access to the back porch. The en-suite bathroom is a luxurious escape with a walk-in shower and jetted tub. Additionally, the home features a massive walk-in crawl space, offering endless possibilities for storage or workshop. This property is a rare gem that combines luxury, comfort, and unparalleled water views - truly a place to call home.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2016
  • Living Area: 3,445 SqFt

Listing Office:

  • Office Name: Richardson Group KW Cleveland
  • Office Phone: (423) 790-7979

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Oven, Refrigerator, Other
  • Basement: No
  • Flooring Type: Hardwood, Vinyl
  • Interior: Island in Kitchen, Pantry, Walk-In Closet(s), Eat-in Kitchen
  • Fireplace: Brick

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Water Access, River
  • View: Mountain(s)
  • Exterior: Porch - Covered, Dock

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Detached

Virtual/3D Tour

  • 3D Tour: 261 Lakewood Circle Dr
3D Tour

Lot Features

Lot Information:

  • Lot: River, Level
  • Lot Size: 1.04 Acres

Utilities

Utilities Information:

  • Heating: Central, Propane
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Starting on I-75 N, take exit 27 for Paul Huff Pkwy. Turn left onto Paul Huff Pkwy NW then turn right onto TN-60 N/ Georgetown Rd NW. Continue to follow TN-60 N for 7.8 miles then turn right onto TN-58 N. In 9.7 miles, turn left onto Cottonport Rd. Turn left to stay on Cottonport Rd then turn left onto Lakewood Cir. The property will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
  • Price Per SqFt: $377/SqFt

Tax Information:

  • Annual Amount: $2,969
  • Tax Year: 2020
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Housing Market Comparison

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

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Decatur, TN

City

Med. Sold Price

$264.5K

Med. Price/SqFt

$183

Avg. Days On Market

74

# of Sold Homes

15

261 Lakewood Circle Dr vs Decatur

151 DAYS ON ROCKET

+77 Days

$1,300,000

+$1.0M More

$377/SqFt

+$194 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $194/SqFt more than other homes in Decatur, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1270550

Listing Office:

  • Office Name: Richardson Group KW Cleveland
  • Office Phone: (423) 790-7979

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.

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.

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: 12/21/2024, 11:51:07 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

Dec 02, 2010Home Sold
$260,000
Jan 16, 2004Home Sold
$90,000
Feb 22, 2003Home Sold
$115,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,969$175,175
2019$2,969$149,850
2018$2,969$149,850
2017$548$149,850

History based on county public records data.

Payment Calculator

$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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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-879088
7
/10

  • Frazier Elementary School

  • 3900 Double S Rd

  • 3.51 miles

  • Public District Grades KG-5

school-card-donut-879089
7
/10

  • Meigs South Elementary School

  • 9638 State Highway 58 S

  • 4.05 miles

  • Public District Grades PK-5

school-card-donut-879090
5
/10

  • Rhea Central Elementary School

  • 1005 Delaware Ave

  • 8.14 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,246. The majority of Decatur, TN residents have income less than $35k annually. Residents typically live in married, no kids family. 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 261 Lakewood Circle Dr

What is the listing price of this property?

The listing price of 261 Lakewood Circle Dr property is $1,300,000.

What type of property is this?

The property 261 Lakewood Circle Dr is a house located in Decatur, Tennessee, 37322.

Is this property for sale now?

Active Listing: 261 Lakewood Circle Dr 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 $2,969 (source: MLS/based on county public records data).

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

The last sale was on December 2, 2010 for $260,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 261 Lakewood Circle Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 261 Lakewood Circle Dr is 3,445 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 261 Lakewood Circle Dr is 2016.

Rocket Homes›Tennessee›Meigs County›Decatur›37322›261 Lakewood Circle Dr

This home is located at 261 Lakewood Circle Dr in Decatur, TN and zip code 37322. This 3,445 square foot home, which was built in 2016, sits on a 1.04 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 23, 2024 and is currently priced at $1,300,000.

In November 2024 more than 4 listings in Decatur, TN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 10 were sold below. The number of listings in Decatur, TN increased by 18.8% between October 2024 and November 2024. While the average time on the market in November 2024 was 74 days, the median list price was $264,500.

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

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