Introducing Franklin Manor, a captivating new neighborhood poised to redefine and embrace the charm of rural living. Nestled in a picturesque setting, Franklin Manor offers an idyllic retreat from the hustle and bustle of city life while maintaining convenient access to urban amenities. Phase 1 of this extraordinary development offers 72 expansive lots, inviting you to build the home of your dreams. Blending seamlessly with the breathtaking landscape, Franklin Manor embraces the essence of Southern elegance and tranquility. As you enter the neighborhood boulevard, you'll be greeted by gently rolling hills, mature trees, and large private lots, creating a warm and inviting atmosphere. Each lot within Phase 1 has been carefully planned to ensure privacy, space, and a sense of connection with nature, with 72 spacious lots available for construction. Each lot offers ample space for crafting a dream residence that reflects individual tastes and preferences. The neighborhood's strategic location also ensures excellent connectivity to major transportation routes, making commuting to nearby cities or other parts of town a breeze. Franklin Manor offers the perfect blend of a serene suburban environment and seamless access to urban centers, presenting an ideal balance for those seeking a tranquil retreat without sacrificing convenience. Blount County, known for its natural beauty and welcoming community, sets the stage for an exceptional living experience. Nestled amidst the scenic splendor of the surrounding mountains, residents can revel in awe-inspiring views and take advantage of nearby outdoor recreational activities. From hiking and biking trails to fishing and boating opportunities on the nearby lakes and rivers, there's no shortage of ways to connect with nature and enjoy an active lifestyle. Franklin Manor presents an enticing opportunity to build a dream home and become part of a vibrant neighborhood. Phase 1's availability of 72 lots offers a limited opportunity to be one of the first residents of this exceptional community. Embrace the chance to create a life of comfort, connection, and natural beauty in the captivating Franklin Manor. Now is the time to secure your place in this idyllic haven. Embrace the charm, tranquility, and natural beauty of Blount County, and build the home you've always envisioned! Lot lines are approximate. Survey in documents.
Property Details
Property Features
Listing Office:
Office Name: Realty Executives Associates
Office Phone: (865) 983-0011
Lot Features
Lot Information:
Lot: Rolling/Hilly
Lot Size: 3.44 Acres
Other
Directions Information:
Directions: 5959 Morganton road, directly across from Lou Goddard.
Price Information
Listing Price Info
Price Summary:
List Price: $159,900
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 Greenback, TN.
This property is $263.1K less than the Median Sold Price in Greenback, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1233363
Listing Office:
Office Name: Realty Executives Associates
Office Phone: (865) 983-0011
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.
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.
$866
Per Month
Principal & Interest
$799
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
$546
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
4
/10
Vonore Elementary School
1135 Highway 411
Distance between this listing and this school3.88 miles
Public District Grades PK-4
3
/10
Lanier Elementary School
6006 Lanier Rd
Distance between this listing and this school6.63 miles
Public District Grades PK-5
6
/10
Steekee Elementary School
4500 Steekee School Rd
Distance between this listing and this school7.54 miles
Public District Grades PK-5
Nearby Schools
6
/10
Vonore Middle School
414 Hall St
Distance between this listing and this school3.30 miles
Public District Grades 5-8
4
/10
Ft. Loudoun Middle School
1083 Mulberry St
Distance between this listing and this school9.65 miles
Public District Grades 6-8
5
/10
Carpenters Middle School
920 Huffstetler Rd
Distance between this listing and this school10.66 miles
Public District Grades 6-8
Nearby Schools
6
/10
Greenback School
6945 Morganton Rd
Distance between this listing and this school2.27 miles
Public District Grades PK-12
5
/10
Sequoyah High School
3128 Highway 411
Distance between this listing and this school8.75 miles
Public District Grades 9-12
5
/10
Loudon High School
1039 Mulberry St
Distance between this listing and this school9.77 miles
The neighbors living near this home have an average income of $47,889. The majority of Greenback, TN residents have income between $35k-100k annually. The most common type of family is 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 LOT1 Morganton Rd
What is the listing price of this property?
The listing price of LOT1 Morganton Rd property is $159,900.
What type of property is this?
The property LOT1 Morganton Rd is land located in Greenback, Tennessee, 37742.
Is this property for sale now?
Active Listing: LOT1 Morganton Rd 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 LOT1 Morganton Rd in Greenback, TN and zip code 37742. This home sits on a 3.44 acre lot. It has been listed on Rocket Homes since July 15, 2023 and is currently priced at $159,900.
Over 2 listings were sold over their listed price in October 2024 in Greenback, TN. In the same period over 4 listings were sold below the listed price and 2 listings were sold for the listed price. The inventory of homes for sale in Greenback, TN between September 2024 and October 2024 increased by 8%. In October 2024 median list price was $423,000 and the average listing age was 45 days.
From Rocket Homes Real Estate and based on county public records data.