5 months on rocket

573 Rabbit Ranch Ln, Decatur, TN, 37322

$155,000

Home List Price

$1,841*

Closing Credit

2 Bedrooms
2 Full Baths
1,512 SqFt
$103/SqFt
House

Location

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573 Rabbit Ranch Ln, Decatur$155,000

Buyer Closing Credits

$1,841*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1992
HeatingCentral, Electric
CoolingCentral Air, Electric
BasementYes
FireplaceGreat Room
MLS #1395127
Lot Size5.28 Acres
StatusActive

About 573 Rabbit Ranch Ln

BACK ON THE MARKET DUE TO NO FAULT OF THE SELLER. Buyer's funding fell through. Do not miss out on your chance to own this property and take advantage of this opportunity. Calling all Do-It-Yourself people and investors! This property is ready for you to complete and make your own. Enjoy 5.28 acres of land with approximately 2 acres of it cleared. This property boasts fruit trees and mature hardwoods. The fruit trees include apple, pear, persimmon, mulberry, and black walnut. There is a mature blueberry bush, and elderberry bushes. This property is ready for you to complete and make your own. Property is ready and waiting with septic already installed and approved for 3-bedroom home, water meter set and ready, utility pole for power. Permits have already been pulled and approved. The doublewide manufactured home on the property boasts 2 bedrooms and 2 full baths. The manufactured home has been gutted and is ready for you to complete and make your dream home. Included with the purchase are 2 new exterior doors, 13 boxes of Pergo LVP flooring, one new window, an HVAC unit that needs to be connected, and many other construction materials to lower the remodel cost. Schedule your viewing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Manufactured/Mobile
  • Year Built: 1992
  • Stories: 1
  • Living Area: 1,512 SqFt

Listing Office:

  • Office Name: RE/MAX Properties
  • Office Phone: (423) 894-2900

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Basement: Yes
  • Flooring Type: Luxury Vinyl, Plank
  • Interior: Cathedral Ceiling(s), Open Floorplan, Primary Downstairs, Separate Shower, Soaking Tub, Tub/shower Combo, Walk-In Closet(s)
  • Fireplace: Great Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Deck, Patio

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Gentle Sloping, Level, Rural Area, Wooded
  • Lot Size: 5.28 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: I-75 North to Exit 49 to Decatur. Turn left at bottom of ramp onto Decatur Pike (HWY 30) and go 10 miles then turn left onto Goodfield Rd. Go approximately .7 miles and continue onto Rabbit Ranch Ln. Go approximately .4 miles to property and home on the left. Sign by road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $155,000
  • Price Per SqFt: $103/SqFt

Tax Information:

  • Annual Amount: $136
  • 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

573 Rabbit Ranch Ln vs Decatur

166 DAYS ON ROCKET

+92 Days

$155,000

-$109.5K Less

$103/SqFt

-$80 Less

KEY TAKEAWAY

This property is $109.5K less than the Median Sold Price and $80/SqFt less than other homes in Decatur, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1395127

Listing Office:

  • Office Name: RE/MAX Properties
  • Office Phone: (423) 894-2900

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: 12/18/2024, 9:21:10 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$136$8,725
2019$136$6,875
2018$136$6,875
2017$142$6,875

History based on county public records data.

Payment Calculator

$841

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$531

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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-103608
7
/10

  • Meigs South Elementary School

  • 9638 State Highway 58 S

  • 5.73 miles

  • Public District Grades PK-5

school-card-donut-103609
6
/10

  • Meigs North Elementary School

  • 22015 State Highway 58 N

  • 5.95 miles

  • Public District Grades PK-5

school-card-donut-103610
7
/10

  • Frazier Elementary School

  • 3900 Double S Rd

  • 7.06 miles

  • Public District Grades KG-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. Most families are married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 573 Rabbit Ranch Ln

What is the listing price of this property?

The listing price of 573 Rabbit Ranch Ln property is $155,000.

What type of property is this?

The property 573 Rabbit Ranch Ln is a house located in Decatur, Tennessee, 37322.

Is this property for sale now?

Active Listing: 573 Rabbit Ranch 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 $136 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 573 Rabbit Ranch Ln has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 573 Rabbit Ranch Ln is 1,512 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 573 Rabbit Ranch Ln is 1992.

Rocket Homes›Tennessee›Meigs County›Decatur›37322›573 Rabbit Ranch Ln

This home is located at 573 Rabbit Ranch Ln in Decatur, TN and zip code 37322. This 1,512 square foot home, which was built in 1992, sits on a 5.28 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 05, 2024 and is currently priced at $155,000.

Decatur, TN housing market in November 2024 saw over 4 listings sold above listed price, more than 1 sold at listed price and over 10 sold below. The inventory of homes for sale in Decatur, TN between October 2024 and November 2024 increased by 18.8%. 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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