First time on the market in nearly a century! Great development opportunity with many possibilities. This property has been in the Cochran family for generations. Approximately 4.55 acres with 527 feet of road frontage on Main Street in downtown Jonesborough. Property consists of two parcels, with the larger parcel zoned commercial and the smaller parcel zoned residential. There are structures on the property that have little or no value. Some information from third parties must be verified by the buyer and buyer's agent.
Property Details
Property Features
Listing Office:
Office Name: Fathom Realty
Office Phone: (888) 455-6040
Listing Agent: Stephanie Goebbel
Exterior Features
Exterior Information:
Waterfront: River Front
View: Creek/Stream
Lot Features
Lot Information:
Lot: Level, Sloped
Lot Size: 4.55 Acres
Other
Directions Information:
Directions: On Main Street in downtown Jonesborough. See sign.
Price Information
Listing Price Info
Price Summary:
List Price: $2,350,000
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 Jonesborough, 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.
$11.7K
Per Month
Principal & Interest
$11.7K
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
$7,112
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
7
/10
Jonesborough Elementary School
306 Forrest Dr
Distance between this listing and this school1.63 miles
Public District Grades KG-4
7
/10
Woodland Elementary School
2303 Indian Ridge Rd
Distance between this listing and this school4.75 miles
Public District Grades PK-4
6
/10
Cherokee Elementary School
2100 Cherokee Rd
Distance between this listing and this school5.71 miles
Public District Grades PK-4
Nearby Schools
6
/10
Jonesborough Middle School
308 Forrest Dr
Distance between this listing and this school1.55 miles
Public District Grades 5-8
6
/10
Lamar Elementary School
3261 Highway 81 S
Distance between this listing and this school5.08 miles
Public District Grades PK-8
6
/10
Sulphur Springs Elementary School
1518 Gray Station Sulphur Springs Rd
Distance between this listing and this school5.09 miles
Public District Grades KG-8
Nearby Schools
5
/10
David Crockett High School
684 Old State Route 34
Distance between this listing and this school2.53 miles
Public District Grades 9-12
4
/10
Tennessee Virtual Learning Academy
2002 Indian Ridge Rd
Distance between this listing and this school5.19 miles
Public District Grades 9-12
5
/10
Daniel Boone High School
1440 Suncrest Dr
Distance between this listing and this school6.35 miles
The neighbors living near this home have an average income of $31,296. Typical income of Jonesborough, TN residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 616 W Main St
What is the listing price of this property?
The listing price of 616 W Main St property is $2,350,000.
What type of property is this?
The property 616 W Main St is land located in Jonesborough, Tennessee, 37659.
Is this property for sale now?
Active Listing: 616 W Main St 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 616 W Main St in Jonesborough, TN and zip code 37659. This home sits on a 4.55 acre lot. It has been listed on Rocket Homes since August 16, 2024 and is currently priced at $2,350,000.
In November 2024, from all listings sold in Jonesborough, TN there were more than 3 sold above asking price, over 20 sold below and more than 4 were sold right at the asked price. In November 2024 in Jonesborough, TN there were 7.7% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $375,000, while the average time on the real estate market was 75 days.
From Rocket Homes Real Estate and based on county public records data.
Figure Skating
Figure Skating
NASCAR
Pro Wrestling
Kmart
Dollar General
Wal-Mart
Bob Evans
Cracker Barrel
Sonic
Buick
Ram
Oldsmobile
Oldies
Classic Country