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2640 Ridgeway DrSugar Tree, TN 38380
$589,000  
3  Bd
3  Ba
3,130  Sq. Ft.
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Key Insights
B
Overall Niche neighborhood grade
This neighborhood is a desirable place to live! 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

$46,300

The budget includes cost of designing the space, the cost of the furniture throughout the entire home, outdoor amenities that are shown to increase average daily rates (ADR) and the cost of shipping and assembly of furniture.


Renovation Cost Estimate

$7,500

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



Highlights

  • The home is located minutes from Tennessee River Lighthouse, Marina, I-40, Bar & Grill, Downtown Parsons, Restaurants, and Shopping
  • The home has an HOA fee of $35/per month
  • 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
TN River Resort Furnished Home!! Located in the wooded paradise of Ponderosa, fully furnished home w/membership to private marina, clubhouse w/pool, bass lake, over 1,000 ACRES of hunting lands/trails. Scenic views from gorgeous vaulted ceiling great room w doors out to partially covered/mostly open wood deck! Easily see across TN River into beautiful hills of Perry County & numerous creeks. Beautiful custom kitchen w/ plentiful cabinets, granite tops, 10' breakfast bar, double ovens, 2 pantry closets. Master suite w/french doors out to deck & VIEWS!!! Master BA w/walk in custom/tiled shower, separate jetted tub, double vanity. Half BA, laundry, loft w/views complete main floor. Ground level w/ 28x27 garage/workshop. Whole house generator. Hardwood flooring & tile. Located 8 miles off I-40
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Listed by: Anne Spence McGee · DRE#: RTC55378 · Crye-Leike Tapestry Realty LLCSource: MLS logo mtrmls · MLS#: RTC2502314 · Originating MLS: RealTracs Middle Tenessee MLSAwning last checked: today at 3:39 PM | Last updated 07/14/2023Listing data provided via Home Junction MLS logo

Property Facts & Features
Facts
Units
1
$/SQFT
$188
$/Unit
$589,000
Lot size
15,681
Built in
2003
Days on Awning
367

Copyright: Listing Information © 2024 Realtracs All Rights Reserved.Disclaimer: 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. This data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement (EULA) prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of 2023-07-14 20:06:01. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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
$5,500

NeighborhoodGet to know what living in 38380 is like.
Report Card for 38380Niche 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
B

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

Living in 38380
Bars
C+
Coffee Shops
C+
Health & Fitness
C+
Nightlife
C
Outdoor Activities
C
Parks
C
Restaurants
C
Weather
B+
Data provided by Niche.

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Schools in 38380
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

Riverside High SchoolGrades 9 to 12Serves this home • 24.6 miles away
B-
Academics
B-
Teachers
B
Student-Teacher Ratio
16:1
Total Students
512
Decatur County Middle SchoolGrades 5 to 8Serves this home • 28.5 miles away
B
Academics
B+
Teachers
B+
Student-Teacher Ratio
15:1
Total Students
458
Decaturville Elementary SchoolGrades PK, K to 4Serves this home • 25.9 miles away
B
Academics
B
Teachers
A-
Student-Teacher Ratio
14:1
Total Students
283
Parsons Elementary SchoolGrades PK, K to 4Serves this home • 19.3 miles away
B
Academics
B
Teachers
B+
Student-Teacher Ratio
14:1
Total Students
362
Lobelville Elementary SchoolGrades PK, K to 8Nearby • 19.3 miles away
C+
Academics
B-
Teachers
B+
Student-Teacher Ratio
13:1
Total Students
194
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.
38380 StatsSee how this home compares to the zip code medians.
38380 Median
Home Value
$90,300
Rent
$622
Rent-to-Income
20.6%
Income
$36,250
This Home
Listing Price
$589,000552% higher than zip
Rent
$2,670329% higher than zip
Rent to Income
88.4%329% 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
  • 38380
    $52k
  • County
    $61k

Population
See how the area’s total population has changed over time.
This chart is unavailable due to screen size
in Year 2020
  • 38380
    680
  • Average in County
    2,483

Rent vs Own
See the percentage of homes occupied by owners in the area.
% Owner Occupied for 3838086%
% Owner Occupied for County79%

Employment
See the percentage of adults working white collar jobs in the area.
% White Collar for 3838040%
% White Collar for County57%

Hold Bachelor's Degree
See the percentage of adults who hold at least a bachelor's degree in the area.
3838015%
County20%

Age Distribution 38380
See the distribution of people by age in 38380.
Under 2019%
20 - 4423%
45-6427%
65+32%