357 Russell Lane
$875,000
3
3
2,100
2,100
$417
Description
This fully furnished, 3-bedroom, 3-bathroom, home presents an enticing opportunity on the Tennessee River's main channel. Nestled in the Cottonport area, it offers a captivating view of the Tennessee River against the backdrop of majestic mountains. With a spacious 2100 sq ft floor plan, this residence additionally boasts of versatile rooms suitable for guests, an office, or media purposes. Inside, the main level features a galley kitchen, a welcoming living area, a bedroom, and a bathroom. Upstairs,...This fully furnished, 3-bedroom, 3-bathroom, home presents an enticing opportunity on the Tennessee River's main channel. Nestled in the Cottonport area, it offers a captivating view of the Tennessee River against the backdrop of majestic mountains. With a spacious 2100 sq ft floor plan, this residence additionally boasts of versatile rooms suitable for guests, an office, or media purposes. Inside, the main level features a galley kitchen, a welcoming living area, a bedroom, and a bathroom. Upstairs, two more bedrooms and a full bath await. The lower level adds to the property's appeal, offering a bar area and separate living spaces. The outdoor amenities are equally enticing, with a spacious covered boat dock complete with a boat lift and ample deck space for hosting gatherings while enjoying the riverfront views. A charming fire pit by the water's edge adds a cozy touch, perfect for watching the sunset after a long day. The property's versatility makes it an ideal primary residence, weekend getaway, or investment property. Notably, this home is currently utilized as a short-term rental, generating an annual gross income exceeding $50,000, making it an attractive prospect for investors seeking rental income. This property's convenient location provides easy access to Chattanooga and allows for day trips to popular destinations like Gatlinburg, Pigeon Forge, and the Ocoee Rafting Center. Whether as a peaceful residence or a lucrative investment, this Tennessee River home offers a wealth of possibilities. Prospective buyers and investors should conduct thorough due diligence to assess its suitability for their specific needs and aspirations. Look at the phots and call for your private showing.
- Listed by Grace Edrington • Berkshire Hathaway HomeServices J Douglas Properties
- Listed by George Edrington • Berkshire Hathaway HomeServices J Douglas Properties
Property Details for 357 Russell Lane
Waterfront
No
LISTING UPDATED: 12/10/2024 10:09 AM
Property Details for 357 Russell Lane
Status | Active |
---|---|
MLS # | 1388656 |
Days on Market | 278 |
Taxes | $1,202 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1991 |
Lot Size | 0.35 AC / 15,246 SF |
County | Meigs County |
Building Information for 357 Russell Lane
Stories-Year Built1991Building Size-Lot Size0.35 AC / 15,246 SF
Property Information for 357 Russell Lane
Property History for 357 Russell Lane
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 357 Russell Lane
Taxable ValueLand$30,000Additions$51,075Total$81,075
Tax Record2023$1,369 ($114 / month)
Home Facts
Beds0Total Finished SqFt2,574 SqFtAbove Grade Finished SqFt1,794 SqFtFinished Basement SqFt780 SqFtStories2Lot Size14,168 SqFtStyleSingle Family ResidenceYear Built1991Year Renovated2014ZoningRESCountyMEIGSAPN061050C A 04100
Schools near 357 Russell Lane
This home is within Meigs County School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
Meigs South Elementary School PublicPK to 5 | ||
Meigs Middle School Public6 to 8 | ||
Meigs County High School Public9 to 12 | ||
Meigs North Elementary School PublicPK to 5 |
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.