3 months on rocket

283 Markum Ln, Spencer, TN, 38585

$469,000

Home List Price

$5,569*

Closing Credit

3 Bedrooms
2 Full Baths
1,953 SqFt
$240/SqFt
House

Location

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283 Markum Ln, Spencer$469,000

Buyer Closing Credits

$5,569*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built2023
HeatingOther
CoolingElectric
BasementYes
MLS #2685283
Lot Size3.00 Acres
StatusActive

About 283 Markum Ln

Welcome to your dream escape! Charming cabin nestled minutes from Fall Creek Falls State Park! This newly built cabin offers the perfect blend of rustic charm and modern amenities, & is located in an unrestricted no zoning area. Highlights: Home: Solid all wood construction w/ 6" seamless gutters, LED lighting throughout, up-to-date termite/pest service, plumbed for an additional kitchen, 22X28 loft, washer/dryer hook up avail on main level master bath. Kitchen: Beautiful custom built countertops & spacious pantry. Expansive porch: 3 sided 1,100 sq. ft. wrap around porch with stainless steel cable railing. Open concept living: bright & airy living with large windows & vaulted ceilings. Elegant bathrooms: walk-in showers with contemporary fixtures for a spa-like experience. Garage/shop: 24X40 insulated detached block garage/shop w/ 16X40 lean-to & 200 amp svs. Property: Gated entrance, fenced property, road around property, 2 spring fed ponds, firepit. Furniture negotiable.

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Living Area: 1,953 SqFt

Listing Office:

  • Office Name: Jones & Co. Real Estate
  • Office Phone: (931) 808-1510
  • Listing Agent: Paddi Smith

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Concrete, Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot Size: 3.00 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Electric

Other

Directions Information:

  • Directions: Take HWY 30 to Spencer, TN for 26 miles. Turn right onto Markum Lane for approx 1/2 mile. Travel .3 miles and the property is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $469,000
  • Price Per SqFt: $240/SqFt

Tax Information:

  • Annual Amount: $104
  • Tax Year: 2020
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Housing Market Comparison

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

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Spencer, TN

City

Med. Sold Price

$64K

Med. Price/SqFt

$80

Avg. Days On Market

10

# of Sold Homes

1

283 Markum Ln vs Spencer

107 DAYS ON ROCKET

+97 Days

$469,000

+$405K More

$240/SqFt

+$160 More

KEY TAKEAWAY

This property is $405K more than the Median Sold Price and $160/SqFt more than other homes in Spencer, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2685283

Listing Office:

  • Office Name: Jones & Co. Real Estate
  • Office Phone: (931) 808-1510
  • Listing Agent: Paddi Smith

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 11:18:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$104$3,600
2019$104$3,775
2018$73$3,775
2017$73$3,775

History based on county public records data.

Payment Calculator

$2,408

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,473

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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-328017
6
/10

  • Spencer Elementary School

  • 311 Sparta St

  • 7.26 miles

  • Public District Grades PK-5

school-card-donut-328018
7
/10

  • Mary V Wheeler Elementary School

  • 33073 Sr 30

  • 7.44 miles

  • Public District Grades PK-5

school-card-donut-328019
4
/10

  • Pikeville Elementary School

  • 41068 Sr 30

  • 11.88 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 $32,529. The majority of Spencer, TN residents have income less than $35k annually. Most families are 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 283 Markum Ln

What is the listing price of this property?

The listing price of 283 Markum Ln property is $469,000.

What type of property is this?

The property 283 Markum Ln is a house located in Spencer, Tennessee, 38585.

Is this property for sale now?

Active Listing: 283 Markum 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 $104 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 283 Markum Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 283 Markum Ln is 1,953 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 283 Markum Ln is 2023.

Rocket Homes›Tennessee›Van Buren County›Spencer›38585›283 Markum Ln

This home is located at 283 Markum Ln in Spencer, TN and zip code 38585. This 1,953 square foot home, which was built in 2023, sits on a 3.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $469,000.

Spencer, TN housing market in October 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 1 sold below. In October 2024 in Spencer, TN there were 3.3% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $64,000, while the average time on the real estate market was 10 days.

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

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