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315 W Spring St

Oliver Springs, TN 37840

5 beds
2 baths
3,531 sqft
~3/4 acre lot
$226 per sqft
1901 build
– on site

For sale is a truly unique property at 315 W Spring St., Oliver Springs, TN, which offers an exciting opportunity for a buyer who loves historic charm and has a creative eye! Nestled in the heart of Oliver Springs, the main feature is a Victorian house dating back to 1901, showcasing architectural grandeur like its distinctive turret and a welcoming wrap-around porch. While preserving its essence with original fireplace mantels, the home has undergone some updates including an updated electrical system, a new breaker box, and two AC units—one 3 years old and the other 2 years old. Adjacent to this gem is the John W Shipwash historic home, which has been converted into two rental units. The first unit comprises 2 bedrooms and 1 bathroom, while the second offers 1 bedroom and 1 bathroom. Together, they provide over 2000 sq ft of living space, with ample parking for tenants. Beyond the homes, the property extends its appeal with a spacious 50x50 workshop, equipped with water tanks and designed tall enough for RV storage. A bonus for antique enthusiasts, all vintage signs on the property will convey to the new owner. Further enhancing the property's utility are a detached garage, storage trailers, and multiple sheds—all set to convey with the sale. Don't miss out on this remarkable opportunity to own a piece of history, combined with rental potential and vast land prospects. Contact us to schedule a viewing today.

Listing courtesy of KAARMLS / Keller Williams Realty

Last checked: Checking… • Last updated Mar 14, 2024 •

MLS# 1236941 —

The Building

Year Built:

1901
New Construction:

No
Construction Materials:

Aluminum Siding, Frame
Architectural Style:

Historic
Direction Faces:

None
Roof:

None
Stories:

None
Stories Total:

None
Basement:

Slab
Exterior Features:

Window - Energy Star, Windows - Vinyl, Windows - Insulated, Patio, Porch - Covered, Cable Available (TV Only), Doors - Storm
Patio & Porch Features:

None
Window Features:

Drapes
Accessibility Features:

None
Building Area Total:

3531.0

Interior

Interior Features:

Pantry, Walk-In Closet(s), Breakfast Bar, Eat-in Kitchen
Flooring:

Laminate, Carpet
Fireplace:

true
Fireplaces Total:

2
Fireplace Features:

Brick, Gas Log, Wood Burning Stove
Laundry Features:

None

Room Dimensions

Living Area:

None
Living Area Units:

None
Living Area Source:

None

Location

Directions:

North on Pellissippi Pkwy/SR-162 to Oliver Springs, Right turn on Main St, left turn on W Spring St, destination on left

The Property

Parcel Number:

001E F 007.00
Property Type:

Single Family
Property Subtype:

Residential
Lot Features:

Wooded, Irregular Lot
Lot Size Area:

0.63
Lot Size Acres:

0.63
Lot Size SqFt:

27442.8
Lot Size Units:

Acres
Lot Size Source:

Owner
Zoning:

None
Zoning Description:

None
Current Use:

None
Possible Use:

None
Topography:

None
Fencing:

None
Waterfront:

No
Water Body Name:

None
Road Frontage Type:

None
Property Attached:

false
Other Structures:

Storage, Gazebo, Workshop

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

None

Beds

Bedrooms Total:

5

Baths

Total Baths:

2.0
Total Baths:

2
Three Quarter Baths:

None
Full Baths:

2
Partial Baths:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None
Buyer's Agency Compensation:

2.0000

Heating & Cooling

Heating:

Central, Natural Gas, Electric
Heating:

true
Cooling:

Central Cooling
Cooling:

true

Utilities

Utilities:

None
Electric:

None
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Smoke Detector, Security Alarm

Schools

Elementary School:

None
Elementary School District:

None
Middle or Jr High School District:

None

The Community

Subdivision Name:

Scotts Addn To Olive
Senior Community:

No
Pool Private:

No
Pool Features:

None
Spa Features:

None
View:

Mountain View, Wooded
Pets Allowed:

None
Association:

No

Parking

Attached Garage:

false
Garage Spaces:

2.0
Carport Spaces:

2.0
Parking Features:

RV Garage, Detached, RV Parking, Off-Street Parking

Monthly cost estimate

Asking price

$800,000

Expense	Monthly cost
Mortgage	$4,283
Taxes	N/A
Insurance	$220
Utilities	$273 See report
Total	$4,776/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
3/11/24 Mar 11, 2024	Listed / Active	KAARMLS	$800,000

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This house located in Oliver Springs, TN 37840 is currently for sale for $800,000. 315 W Spring St is a 3,531 square foot house with 5 beds and 2 baths that has been on Estately for 48 days.

Listing Courtesy of: KAARMLS and Keller Williams Realty.

The information is being provided by Multiple Listing Service of the Knoxville Area Association of REALTORS. Information deemed reliable 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. 2024 Multiple Listing Service of the Knoxville Area Association of REALTORS. All Rights Reserved.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.