#1513223, Listing office: Keller Williams Realty

357 Russell Ln Decatur, TN 37322
Property details
About 357 Russell Ln
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 potential.
Highlights
Summary
- Full Bathrooms: 3
- Appliances: None
- Basement: Yes
- Flooring Type: Tile, Vinyl, Other
- Interior: Walk-In Closet(s), Primary Bedroom Main Floor
- Total Bedroom Count: 3
- Attached Garage: No
- Private Pool: No
- Parking: Garage Door Opener, Detached, Paved
- Waterfront: River Front
- View: Lake, River, Water, Mountain(s)
- Exterior: Dock, Sprinkler System
- Architectural Style: Other
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $875,000
- Price/SqFt: $416
- Annual Tax Amount: $1,369
- Tax Year: 2023
- Lot: Sloped, Wooded, Cleared, Views, Cul-De-Sac, Other
- Directions: TBD
- Year Built: 1991
- Living Area: 2,100 SqFt
- Lot Size: 0.35 Acres
- MLS Number: 2915948
- MLS Name: REALTRAC
- Office Name: Berkshire Hathaway HomeServices J Douglas Prop.
- Office Phone: (423) 498-5800
- Listing Agent: Grace Edrington
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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.
Based on information submitted to the MLS GRID as of date and time noted below. 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.
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Last updated on: 7/30/2025, 2:33:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 01, 2014 | Home Sold | $129,900 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $81,075 | $1,369 |
2022 | $71,200 | $1,202 |
2021 | $71,200 | $1,202 |
2020 | $52,825 | $1,202 |
2019 | $48,400 | $959 |
2018 | $48,400 | $959 |
2017 | $48,400 | $959 |
History based on county public records data.
Nearby schools
7
Frazier Elementary School
Public District KG-5
3.1 mi
•3900 Double S Rd
7
Meigs South Elementary School
Public District PK-5
4.0 mi
•9638 State Highway 58 S
5
Rhea Central Elementary School
Public District PK-5
7.7 mi
•1005 Delaware Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,246. Most Decatur, TN residents have annual incomes less than $<35k. Typical family type is married, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 357 Russell Ln
The listing price of 357 Russell Ln property is $875,000.
The property 357 Russell Ln is a house located in Decatur, Tennessee, 37322.
Active Listing: 357 Russell Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 357 Russell Ln are: Frazier Elementary School (GreatSchools Rating 7/10), Meigs South Elementary School (GreatSchools Rating 7/10), Rhea Central Elementary School (GreatSchools Rating 5/10), Meigs Middle School (GreatSchools Rating 6/10), Dayton City School (GreatSchools Rating 5/10), Rhea Middle School (GreatSchools Rating 4/10), Meigs County High School (GreatSchools Rating 6/10), Rhea County High School (GreatSchools Rating 5/10), Sale Creek Middle/High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $1,369 (source: MLS/based on county public records data).
The last sale was on July 1, 2014 for $129,900 (source: MLS/tax record).
The property at 357 Russell Ln has 3 bedrooms and 3 bathrooms.
The property 357 Russell Ln is 2,100 SqFt (source: MLS/tax record).
The year of construction for 357 Russell Ln is 1991.
This home is located at 357 Russell Ln in Decatur, TN and zip code 37322. This 2,100 square foot home, which was built in 1991, sits on a 0.35 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $875,000.
Over 0 listings were sold over their listed price in June 2025 in Decatur, TN. In the same period over 3 listings were sold below the listed price and 2 listings were sold for the listed price. The number of homes for sale in Decatur, TN increased by 10.7% between May and June 2025. The median list price of listings available in June 2025 was $265,000, while the average time on the real estate market was 42 days.