10386 Petros Highway
Oliver Springs, TN 37840
$245,000
Price
3
Beds
1
Bath
1
1/2 Bath
960 Sq. Ft.
$255 / Sq. Ft.
960
Sq. Ft.
$255
per Sq. Ft.
Description
Attention investors and developers! Nestled in a private wooded location with 15.66 acres, this distressed property offers an incredible opportunity for those with vision and ambition. Whether you're looking for a rewarding investment to transform into a fix-and-flip, vacation rental home or a place to call your own, this home is brimming with potential. Tear down and start from scratch or invest some sweat equity to restore this cabin to its former glory! Down a winding dirt and gravel drive, set...Attention investors and developers! Nestled in a private wooded location with 15.66 acres, this distressed property offers an incredible opportunity for those with vision and ambition. Whether you're looking for a rewarding investment to transform into a fix-and-flip, vacation rental home or a place to call your own, this home is brimming with potential. Tear down and start from scratch or invest some sweat equity to restore this cabin to its former glory! Down a winding dirt and gravel drive, set back from the road and surrounded by trees for ultimate seclusion, this house makes a great getaway in a charming Oliver Springs location. Imagine the restored covered front porch with rocking chairs that look out over the ever-changing artwork of nature. The interiors reveal a 1128 SQFT floor plan with a light-filled open layout. The 3 bedrooms and 2 baths include a primary with its own ensuite bathroom. Walk-in crawl space and tear-down barn/shed on property. This fixer-upper on a large lot is a terrific investment opportunity for those looking to transform a property to their own specifications and desires. Despite its current condition, the property's sizeable lot offers the potential for expansion or development, making it an attractive option for any investor. This right here is your opportunity to create something straight from the pages of your dream home scrapbook. Inquire Today! Buyer to verify all information.
- Listed by Ryan Coleman • Hometown Realty, LLC
Property Details for 10386 Petros Highway
Architectural Style
Cabin
Style CabinTrue
LISTING UPDATED: 10/29/2024 11:16 AM
Property Details for 10386 Petros Highway
| Status | Active |
|---|---|
| MLS # | 1280806 |
| Days on Market | 10 |
| Taxes | $667 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Single Family / Residential |
| Year Built | 1995 |
| Lot Size | 15.66 AC / 682,149 SF |
| County | Morgan County |
Building Information for 10386 Petros Highway
Stories-Year Built1995Building Size-Lot Size15.66 AC / 682,149 SF
Property Information for 10386 Petros Highway
Summary
Location and General Information
- City: Oliver Springs
- County Or Parish: Morgan County - 35
- Directions: From Oliver Springs, TN head west on Main St (TN-330). Go for 525 ft. Turn right onto TN-330. Go for 443 ft. Continue on TN-62. Go for 8.1 mi. Turn right onto Petros Hwy (TN-116). Go for 1.0 mi. Arrive at 10386 Petros Hwy Oliver Springs, TN 37840.
- Latitude: 36.080997
- Longitude: -84.458051
- MLS Area Major: Morgan County - 35
- MLS Area Minor: Morgan County - 35
- Postal Code: 37840
- State Or Province: TN
- Location Tax Legal Info Area: Morgan County - 35
- Remarks Misc Directions: From Oliver Springs, TN head west on Main St (TN-330). Go for 525 ft. Turn right onto TN-330. Go for 443 ft. Continue on TN-62. Go for 8.1 mi. Turn right onto Petros Hwy (TN-116). Go for 1.0 mi. Arrive at 10386 Petros Hwy Oliver Springs, TN 37840.
Parking
- Attached Garage: No
- Parking Features: Off-Street Parking
- Atchd Dtchd Type Detached: True
- Garage Parking Off-Street Parking: True
Taxes and HOA Information
- Association Fee: 0.0
- Parcel Number: 110 068.01 and 110 068.02
- Location Tax Legal Info Total Tax: 666.83
- General Property Description HOA: No
Virtual Tour
- Virtual Tours Count: 0
Property
Lot Information
- Lot Size Area: 15.66
- Lot Size Units: Acres
- Lot Size Square Feet: 682149.0
- Year Built: 1995
- Lot Features: Wooded
- Building Area Total: 960.0
- Living Area Source: Owner
- Lot Size Acres: 15.66
- Lot Size Source: Tax Records
- General Property Description SqFt - Main Lvl: 0.0
- General Property Description SqFt - Down Lvl: 0.0
- General Property Description SqFt - 2nd Flr Lvl: 0.0
- General Property Description SqFt - 3rd Flr Lvl: 0.0
- General Property Description SqFt - Source: Owner
- General Property Description Lot Size SqFt: 682149.0
- General Property Description Acres: 15.66
- General Property Description Acre Source: Tax Records
- General Property Description Site Built: Yes
- Lot Description Wooded: True
Property and Assessments
- Possession: At Closing
- Property Attached: No
- Property Type Label: Single Family
- Floor Plans Count: 0
- Property Type: Single Family
- Property Sub Type: Residential
- Possession At Closing: True
Utilities
- General Property Description Sewer: Septic Tank
- Fuel Propane: True
- Sewer Septic Tank: True
- Water Public: True
Interior and Exterior Features
Exterior Features
- Exterior Features: Porch - Covered, Deck
- Construction Materials: Frame
- Exterior Features Deck: True
- Exterior Features Porch - Covered: True
Interior Features
- Beds Total: 3
- Baths Full: 1
- Baths Half: 1
- Fireplaces Total: 0
- Bathrooms Total Integer: 2
- Cooling Details: No
- Kitchen Appliances: None
- Fireplace Features: None
- Flooring: Laminate
- Heating: Yes
- Fireplace None: True
- Cooling None: True
- Floors Laminate: True
- Basement Outside Entr Only: True
- General Property Description Number of Bedrooms: 3
- General Property Description Number of Rooms: 7
- General Property Description Fireplace: No
- General Property Description Number of Fireplace: 0.0
- General Property Description Basement: No
- General Property Description Bonus Room: No
- Heat - Other: True
- Appliances None: True
- Misc Features WasherDryer Connect: True
Room Information
Room
- Rooms Total: 7
Rental
Rent Information
- General Property Description Restrictions: No
- Tenant Expenses Cooling: None
- Tenant Expenses Heating: Propane,Other
Property History for 10386 Petros Highway
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 10386 Petros Highway
Taxable ValueLand$9,925Additions$14,600Total$24,525
Tax Record2022$667 ($56 / month)
Home Facts
Beds0Total Finished SqFt960 SqFtAbove Grade Finished SqFt960 SqFtStories1Lot Size558,439 SqFtStyleSingle Family ResidenceYear Built1995CountyMORGANAPN065110 06801
Schools near 10386 Petros Highway
This home is within Morgan County School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 8 | |||
| Public - | PK to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Petros Joyner Elementary School PublicPK to 8 | ||
Coalfield School PublicPK to 12 | ||
Morgan County Vocational Center Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near 37840
Neighborhoods
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Hometown Realty, LLC, Ryan Coleman
The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 10/29/2024 11:16 AM