168 Water Way Dr
Rutledge, TN 37861

$322,531

Last Sold Price

Beds

Baths

1,440 Sq. Ft.

$224 / Sq. Ft.

1,440

Sq. Ft.

$224

per Sq. Ft.

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Closed 1/10/24

Description

Brand new construction underway! This 1 level, 3BR, 2BA, 2 car garage (fiber optic available), with a seasonal Cherokee Lake view will be one of the most solid built homes you'll ever find and loaded with efficiency, comfort, and an open floor plan with split bedrooms. This home is being QUALITY BUILT with the General Contractor on site and working during construction. Located only 4 miles from a public boat launch, less than 4 miles to 2 marinas/boat launch and only 20 minutes to Jefferson City...Brand new construction underway! This 1 level, 3BR, 2BA, 2 car garage (fiber optic available), with a seasonal Cherokee Lake view will be one of the most solid built homes you'll ever find and loaded with efficiency, comfort, and an open floor plan with split bedrooms. This home is being QUALITY BUILT with the General Contractor on site and working during construction. Located only 4 miles from a public boat launch, less than 4 miles to 2 marinas/boat launch and only 20 minutes to Jefferson City where you will find all the necessities you will need. If you desire a bigger town to shop, Morristown is only 18 miles away and roughly 26 minutes. Some pictures shown are of a replica model, and this home will be flipped and with additional living space added in the living area. Some finishing details may be possible given enough time is given and within reasonable budget for the home. New Construction pictures are of the actual home. More pictures and details to be added as the progress continues.

Listed by Rodney Pratt • Franklin Realty

Property Details for 168 Water Way Drive

Architectural Style

Other, Traditional

Sub division Name

Water Way Gardens

View

Seasonal Lake View, Country Setting

Style Traditional

True

Style Other

True

LISTING CLOSED: 01/10/2024 12:00 AM

Property Details for 168 Water Way Drive

Status	Closed
MLS #	1236072
Days on Market	56
Taxes	$2,022 / year
HOA Fees	-
Condo/Co-op Fees	-
Property Type	Single Family
MLS Type	Single Family / Residential
Year Built	2023
Lot Size	0.72 AC / 31,363 SF
County	Grainger County

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Location

Listing Courtesy of Franklin Realty, Rodney Pratt

Sold By Franklin Realty, Rodney Pratt (865.712.0623)

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Building Information for 168 Water Way Drive

Stories-Year Built2023Building Size-Lot Size0.72 AC / 31,363 SF

Payment Calculator

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$1,808 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,639

Property Taxes

$169

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 168 Water Way Drive

Summary

Location and General Information

City: Rutledge
County Or Parish: Grainger County - 45

Directions: From Jefferson City, take Highway 92 to a right on Highway 375 (Lakeshore Dr) to a left on to Water Way Dr. Home is the 1st one on the right side.
Latitude: 36.250043
Longitude: -83.431202
MLS Area Major: Grainger County - 45
MLS Area Minor: Grainger County - 45
Postal Code: 37861
State Or Province: TN
View Country Setting: True
View Seasonal Lake View: True
View Other: True
Location Tax Legal Info Area: Grainger County - 45
Remarks Misc Directions: From Jefferson City, take Highway 92 to a right on Highway 375 (Lakeshore Dr) to a left on to Water Way Dr. Home is the 1st one on the right side.

Parking

Attached Garage: Yes
Parking Features: Other, Attached, Side/Rear Entry, Main Level, Off-Street Parking

Atchd Dtchd Type Detached: True
Garage Parking Attached: True
Garage Parking Main Level: True
Garage Parking Off-Street Parking: True
Garage Parking SideRear Entry: True
Garage Parking Garage Spaces: 2.0

Taxes and HOA Information

Association Fee: 0.0
Parcel Number: 070 011.03

Location Tax Legal Info Total Tax: 2022.0
General Property Description HOA: No

Virtual Tour

Virtual Tours Count: 0

Property

Lot Information

Lot Size Area: 0.72
Lot Size Units: Acres

Lot Size Square Feet: 31363.2
Year Built: 2023
Lot Features: Corner Lot, Irregular Lot, Rolling Slope
Building Area Total: 1440.0
Living Area Source: Owner
Lot Size Acres: 0.72
Lot Size Source: Survey
Lot Size Dimensions: 171.49 x 191.65 x 195.31 x IRR
General Property Description SqFt - Main Lvl: 1440.0
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 Dimensions: 171.49 x 191.65 x 195.31 x IRR
General Property Description Acres: 0.72
General Property Description Acre Source: Survey
General Property Description Site Built: Yes
General Property Description New Construction: Under Construction
Lot Description Corner Lot: True
Lot Description Irregular Lot: True
Lot Description Other: True
Lot Description Rolling Slope: True

Property and Assessments

Possession: At Closing
Sign On Property: Yes

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 Electric: True

Misc Features Internet Available: True
Misc Features Wired for Internet: True
Sewer Septic Tank: True
Water Public: True

Interior and Exterior Features

Exterior Features

Exterior Features: Windows - Vinyl, Windows - Insulated, Porch - Covered, Doors - Energy Star
Construction Materials: Stone, Vinyl, Other, Block, Brick

Siding Stone: True
Siding Vinyl: True
Siding Other: True
Exterior Features Doors - Energy Star: True
Exterior Features Porch - Covered: True
Exterior Features Windows - Insulated: True
Exterior Features Windows - Vinyl: True

Interior Features

Beds Total: 3
Baths Full: 2

Baths Half: 0
Fireplaces Total: 0
Fireplace: No
Bathrooms Total Integer: 2
Cooling Details: Yes
Kitchen Appliances: Other, Dishwasher, Smoke Detector, Self Cleaning Oven, Microwave
Fireplace Features: Other, None
Flooring: Laminate, Hardwood, Tile
Heating: Yes
Fireplace None: True
Cooling Ceiling Fan(s): True
Cooling Central Cooling: True
Floors Hardwood: True
Floors Laminate: True
Floors Tile: True
Floors Other: True
Basement Crawl Space: True
General Property Description Number of Bedrooms: 3
General Property Description Number of Rooms: 8
General Property Description Fireplace: No
General Property Description Number of Fireplace: 0.0
General Property Description Basement: No
General Property Description Bonus Room: No
General Property Description Extra Storage: Yes
Heat Central: True
Heat - Heat Pump: True
Dining Area KitchenDining Rm Co: True
Dining Area Other: True
Appliances Dishwasher: True
Appliances Microwave: True
Appliances Range: True
Appliances Self Cleaning Oven: True
Appliances Smoke Detector: True
Misc Features Island in Kitchen: True
Misc Features Walk-in Closets: True
Misc Features Walk-in Shower: True
Misc Features WasherDryer Connect: True

Room Information

Room

Rooms Total: 8

Rental

Rent Information

Contract Info Occupancy: Permanent Residence
General Property Description Restrictions: Yes

Tenant Expenses Cooling: Central Cooling,Ceiling Fan(s)
Tenant Expenses Heating: Central,Heat Pump,Electric

Property History for 168 Water Way Drive

Date	Event & Source	Price	Appreciation
Jan 10, 2024	Closed KAARMLS #1236072	$322,531	—
Oct 5, 2023	Contract - Not Showing KAARMLS #1236072		—
Aug 10, 2023	Listed (Active) KAARMLS #1236072	$328,000	—
Oct 18, 2021	Closed (Public Record) Public Record #1481701340	$43,000	+0.5% / yr
Jan 12, 2007	Closed (Public Record) Public Record #464835961	$40,000	-76.2% / yr
Oct 5, 2006	Closed (Public Record) Public Record #464835345	$59,000	+33.9% / yr
Oct 31, 2005	Closed (Public Record) Public Record #464833095	$45,000	+1926.5% / yr
Aug 10, 2005	Closed (Public Record) Public Record #464832668	$22,900	—

Date	Event & Source	Price
01/10/2024	Closed KAARMLS #1236072	$322,531
10/05/2023	Contract - Not Showing KAARMLS #1236072	—
08/10/2023	Listed (Active) KAARMLS #1236072	$328,000
10/18/2021	Closed (Public Record) Public Record #1481701340	$43,000 +0.5% / yr
01/12/2007	Closed (Public Record) Public Record #464835961	$40,000 -76.2% / yr
10/05/2006	Closed (Public Record) Public Record #464835345	$59,000 +33.9% / yr
10/31/2005	Closed (Public Record) Public Record #464833095	$45,000 +1926.5% / yr
08/10/2005	Closed (Public Record) Public Record #464832668	$22,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 168 Water Way Drive

Taxable ValueLand$4,200Additions$43,875Total$48,075

Tax Record2025$1,130 ($94 / month)

Home Facts

Beds0Total Finished SqFt1,536 SqFtAbove Grade Finished SqFt1,536 SqFtStories1Lot Size31,363 SqFtStyleSingle Family ResidenceYear Built2023CountyGRAINGERAPN070 01103

Schools near 168 Water Way Drive

This home is within Grainger County School District.


Rating	School	Type	Grades	Distance
NR	Rutledge Primary School	Public - Serves this home	PK to 1	4.8 mi
6/10	Rutledge Elementary School	Public - Serves this home	2 to 6	6.0 mi
5/10	Rutledge Middle School	Public - Serves this home	7 to 8	6.1 mi
3/10	Grainger High School	Public - Serves this home	9 to 12	4.0 mi
NR	Grainger Academy	Public - Nearby school	9 to 12	6.0 mi


Rating	School	Distance
NR	Rutledge Primary School PublicPK to 1 Serves this home	4.8 mi
6/10	Rutledge Elementary School Public2 to 6 Serves this home	6.0 mi
5/10	Rutledge Middle School Public7 to 8 Serves this home	6.1 mi
3/10	Grainger High School Public9 to 12 Serves this home	4.0 mi
NR	Grainger Academy Public9 to 12 Nearby school	6.0 mi

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.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
174 Water Way Drive, Rutledge, TN 37861	$356,000	3	2	1,500	36,590
7-8 Waterway Drive, Rutledge, TN 37861	$30,000	–	–	–	67,082
Lot 12 Turley Mills Drive, Rutledge, TN 37861	$139,900	–	–	–	20,037
9474 Lakeshore Drive, Rutledge, TN 37861	–	–	–	1,512	52,272
9630 Lakeshore Drive, Rutledge, TN 37861	$4,000	–	1	930	1,086,386
230 Water Way Drive, Rutledge, TN 37861	$475,000	2	2	1,463	37,026
Waterway Drive, Rutledge, TN 37861	$21,000	–	–	–	32,234
Lot 33 Turley Mills Drive, Rutledge, TN 37861	$55,000	–	–	–	20,908
33 Turley Mills Drive, Rutledge, TN 37861	$44,000	–	–	–	20,908
Turley Mills Drive, Rutledge, TN 37861	$500,000	3	3	2,500	20,037
848 Harbin Road, Rutledge, TN 37861	–	–	2	1,738	675,180
Lot 33 Turley Mills Drive, Unit 33, Rutledge, TN 37861	$30,000	–	–	–	20,908
223 Water Way Drive, Rutledge, TN 37861	$240,000	–	4	3,085	48,352
9438 Lakeshore Drive, Rutledge, TN 37861	–	–	1	1,104	192,535
239 Water Way Drive, Rutledge, TN 37861	$405,000	4	3	2,000	61,419

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Franklin Realty, Rodney Pratt

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 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 01/10/2024 10:28 AM

168 Water Way DrRutledge, TN 37861

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168 Water Way Dr
Rutledge, TN 37861