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Demographics
357 Russell LnDecatur, TN 37322
$809,000  
3  Bd
3  Ba
2,100  Sq. Ft.
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Key Insights
C+
Overall Niche neighborhood grade
This neighborhood is up and coming. See details
NEW
Market Data
B-
Overall Niche school grade
The public schools in this area are good! See details

Awning Agent
Humberto Marquez
Humberto Marquez
#: 366884
Humberto has four years of real estate experience prior to working for Awning. He has helped hundreds of clients across multiple real estate markets with buying properties and actively invests himself. Feel free to ask him any questions you have about Awning, investing, or any listing.
Note from Humberto

Furnishing Budget

$5,000

The furniture is already included. We've included a $5,000 budget to replace or add additional items.



Renovation Cost Estimate

$6,500

Some additional repairs to improve the house's appearance and to ensure the property is rent ready




Highlights

  • The home is conveniently located in Chattanooga and is a day trip to Gatlinburg, Pigeon Forge, the Ocoee Rafting Center and , much more.
  • This property is fully furnished.
  • The home is not part of an HOA (no restrictions)
  • The home is not located in a flood zone



Comps

Use our Estimator tool to find great comps: click here

Ask Humberto a question
Response time: typically within an hour
Text or call  415-941-3401

Description
Here's your chance to own a home on the main channel of the Tennessee River. This fully furnished home sits overlooking the Tennessee River with the gorgeous view of the mountains in the background. This 2100 sq ft home features 3 bedrooms and 3 baths with extra rooms for guest or office, media, etc. Located in the Cottonport area, this home can be your primary residence, weekend getaway, or an investment. Currently being used as a short term rental. The main level features a galley kitchen, living area, bedroom, and bath. Upstairs you will find two more bedrooms with a full bath. The bottom level features a bar area with two separate living areas. Once you make your way to the lake front area you will find a large covered boat dock complete with a boat lift and plenty of deck space for entertaining. After a long day spend time around the fire pit water side while you watch the sunset. Convenient to Chattanooga as well as a day trip to Gatlinburg, Pigeon Forge, the Ocoee Rafting Center and much more. Investors also take note, this is currently booked thru a short term rental program.
Read more
Listed by: Heath Davis · DRE#: 14252 · Award RealtySource: MLS logo gcar · MLS#: 1374671 · Originating MLS: Greater Chattanooga Association of REALTORSAwning last checked: today at 11:01 PM | Last updated 07/25/2023Listing data provided via Home Junction MLS logo

Property Facts & Features
Facts
Units
1
$/SQFT
$405
$/Unit
$849,900
Lot size
15,681
Built in
1991
Days on Awning
296

Copyright: Listing Information © 2024 Greater Chattanooga REALTORS®. All Rights Reserved.Disclaimer: Information herein is deemed reliable but not guaranteed and 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.MLS logo
 
Awning Analysis The following projections are computed using a proprietary formula. It is a starting point in determining the financial potential for a specific property. The analysis is pulled from public property data and similar local properties listed for rent; there may be special features, location, and market conditions our algorithms have not taken into account.
Monthly Estimated Airbnb Revenue
$4,500

NeighborhoodGet to know what living in 37322 is like.
Report Card for 37322Niche grades and rankings are calculated using dozens of public data sets and millions of reviews. Learn more about how Niche calculates these grades.
Overall Grade
C+

Public Schools
B-
Commute
B-
Cost of Living
A
Crime & Safety
C
Diversity
C+
Good for Families
B-
Jobs
B-
Walkability
C
Data provided by Niche.

Living in 37322
Bars
C+
Coffee Shops
C+
Health & Fitness
C
Nightlife
B-
Outdoor Activities
B-
Parks
C
Restaurants
B-
Weather
B-
Data provided by Niche.

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Schools in 37322
This is based on data from the U.S. Department of Education along reviews from students and parents.
Overall GradeThis home is in an B- school district, meaning the public schools in this area are good!
B-

Meigs County High SchoolGrades 9 to 12Serves this home • 9.6 miles away
B-
Academics
B
Teachers
B
Student-Teacher Ratio
17:1
Total Students
545
Meigs Middle SchoolGrades 6 to 8Serves this home • 10.4 miles away
B-
Academics
B
Teachers
B+
Student-Teacher Ratio
15:1
Total Students
392
Meigs South Elementary SchoolGrades PK, K to 5Serves this home • 6.5 miles away
B-
Academics
B
Teachers
B+
Student-Teacher Ratio
14:1
Total Students
419
Frazier Elementary SchoolGrades PK, K to 5Nearby • 4.9 miles away
B+
Academics
B+
Teachers
A-
Student-Teacher Ratio
14:1
Total Students
354
Walker Valley High SchoolGrades 9 to 12Nearby • 24.7 miles away
A-
Academics
B+
Teachers
A-
Student-Teacher Ratio
17:1
Total Students
1515
School data provided by Niche.  School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Market StatisticsMarket Statistics are provided directly from Niche, as well as calculated using historical transaction data provided by local governments.
37322 StatsSee how this home compares to the zip code medians.
37322 Median
Home Value
$123,900
Rent
$679
Rent-to-Income
16.2%
Income
$50,325
This Home
Listing Price
$809,000553% higher than zip
Rent
$2,410255% higher than zip
Rent to Income
57.5%255% higher than zip
Market statistics provided by Niche.


Demographics
Learn more about the area's income, population, and employment trends. Data provided by the US Census and the Bureau of Labor Statistics.
Household Income
See how the area’s average household income has changed over time.
This chart is unavailable due to screen size
in Year 2019
  • 37322
    $59k
  • County
    $59k

Population
See how the area’s total population has changed over time.
This chart is unavailable due to screen size
in Year 2020
  • 37322
    8,845
  • Average in County
    2,813

Rent vs Own
See the percentage of homes occupied by owners in the area.
% Owner Occupied for 3732279%
% Owner Occupied for County80%

Employment
See the percentage of adults working white collar jobs in the area.
% White Collar for 3732254%
% White Collar for County53%

Hold Bachelor's Degree
See the percentage of adults who hold at least a bachelor's degree in the area.
3732211%
County13%

Age Distribution 37322
See the distribution of people by age in 37322.
Under 2022%
20 - 4429%
45-6428%
65+21%