7 months on rocket

2981 Summertown Hwy, Summertown, TN, 38483

$1,895,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
2,490 SqFt
$761/SqFt
House

Location

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2981 Summertown Hwy, Summertown$1,895,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1989
HeatingCentral
CoolingElectric
BasementYes
MLS #2645977
Lot Size34.90 Acres
StatusActive

About 2981 Summertown Hwy

Welcome to your serene country retreat! Nestled on 34 acres of picturesque land, this updated home offers the perfect blend of modern comfort and rural charm. As you drive through the gate past your stocked pond, you'll immediately be captivated by the tranquility of the surroundings. The property features lush grassy pastures, meticulously fenced and cross-fenced, providing ample space for your horses to roam and graze freely. The centerpiece of this equestrian paradise is the impressive 20-stall horse barn, complete with a dedicated office space for managing your equestrian affairs. With nine paddocks spread across the property, you'll have plenty of options for turnout and exercise for your companions. In addition to the horse facilities, the property boasts a spacious storage building and several Pole Barns offering ample storage space for equipment, feed, and other animals. At night enjoy the peaceful countryside star gazing while you cozy up next to the crackling fire.

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Living Area: 2,490 SqFt

Listing Office:

  • Office Name: Exit Truly Home Realty
  • Office Phone: (754) 214-0902
  • Listing Agent: Jessica Graves, Broker

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Finished Wood, Laminate, Tile
  • Interior: Primary Bedroom Main Floor, High Speed Internet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Level, Rolling/Hilly
  • Lot Size: 34.90 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Electric

Other

Directions Information:

  • Directions: US-412/US-43 S. Right onto Mt Joy Rd. Left onto Big Swan Creek Rd. Turn Right onto State Hwy 20. Property will be 3.5 miles down.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,895,000
  • Price Per SqFt: $761/SqFt

Tax Information:

  • Annual Amount: $903
  • Tax Year: 2020
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Housing Market Comparison

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

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Summertown, TN

City

Med. Sold Price

$355K

Med. Price/SqFt

$214

Avg. Days On Market

40

# of Sold Homes

6

2981 Summertown Hwy vs Summertown

212 DAYS ON ROCKET

+172 Days

$1,895,000

+$1.5M More

$761/SqFt

+$547 More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price and $547/SqFt more than other homes in Summertown, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2645977

Listing Office:

  • Office Name: Exit Truly Home Realty
  • Office Phone: (754) 214-0902
  • Listing Agent: Jessica Graves, Broker

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: 11/21/2024, 11:18:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 12, 2021Home Sold
$300,000

Tax History

YEARPROP. TAXASSESSMENT
2020$903$47,950
2019$796$34,700
2018$796$34,700
2017$796$34,700

History based on county public records data.

Payment Calculator

$9,525

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,748

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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-272468
6
/10

  • Lewis County Intermediate School

  • 310 S Park St

  • 7.95 miles

  • Public District Grades 3-5

school-card-donut-272469
5
/10

  • Summertown Elementary School

  • 319 Corbin St

  • 7.99 miles

  • Public District Grades PK-6

school-card-donut-272470
5
/10

  • Mt. Pleasant Elementary School

  • 600 Tiger Trl

  • 13.05 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,951. The majority of Summertown, TN residents have income between $35k-100k annually. Residents typically live in married, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2981 Summertown Hwy

What is the listing price of this property?

The listing price of 2981 Summertown Hwy property is $1,895,000.

What type of property is this?

The property 2981 Summertown Hwy is a house located in Summertown, Tennessee, 38483.

Is this property for sale now?

Active Listing: 2981 Summertown Hwy 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 $903 (source: MLS/based on county public records data).

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

The last sale was on March 12, 2021 for $300,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2981 Summertown Hwy has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2981 Summertown Hwy is 2,490 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2981 Summertown Hwy is 1989.

Rocket Homes›Tennessee›Lawrence County›Summertown›38483›2981 Summertown Hwy

This home is located at 2981 Summertown Hwy in Summertown, TN and zip code 38483. This 2,490 square foot home, which was built in 1989, sits on a 34.90 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $1,895,000.

Summertown, TN housing market in October 2024 saw over 0 listings sold above listed price, more than 2 sold at listed price and over 4 sold below. In October 2024 in Summertown, TN there were 8.7% less homes for sale than in September 2024. While the average time on the market in October 2024 was 40 days, the median list price was $355,000.

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

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