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3421 George Olive Rd, Iron City, TN, 38463

4beds
4baths
2,135sqft
$599,900
$281price/sqft
$4,620/moest. monthly cost
$184,800/yrincome needed

About This Home

“Dream Farmstead with Room to Roam & Space for Everything You Love!” Discover 48+ acres of pure country beauty! This property offers sweeping views, open space for farm animals, and a home designed for comfort. The main-level primary suite provides ease and privacy, while upstairs offers three versatile bedrooms—ideal for guests, a bonus room, or office. Gather in the spacious family room or cook in the kitchen with custom cabinetry. The heated/cooled basement with private entry expands your options. Car lovers will love the attached and detached garages/workshop with space for five vehicles. Peaceful living just 30 minutes from Florence, AL!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

5/10
Collinwood Middle SchoolGrades 5-810.1 mi
5/10
Collinwood High SchoolGrades 9-1210.3 mi
4/10

Construction

Condition

  • Year built: 2005

Materials

  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Electric Oven,Electric Range

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bedrooms: 1

Features

  • Flooring: Carpet,Wood
  • Finished area above ground: 2,135

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,135
  • Total interior livable area: 2,135 sqft

Property

Details

  • Parcel number: 205 01601 000
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 2

Lot

  • Lot size: 48.98 Acres

Parking

  • Total spaces: 5
  • Parking features: Garage Faces Front
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Earthquake
Lightning
Strong Wind

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,033$36,396
Home Insurance $605$7,260
Property Taxes $807$9,684
Electricity $175$2,103
Total$4,620$55,440

Income You'd Need if You Spent...

35% on housing$158,400/yr
40% on housing$138,600/yr
45% on housing$123,200/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -9.8%
-9.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$281This listing

vs Other Active Listings

Avg $/sqft

ZIP 38463$343
Wayne County$127

vs Homes Sold Last Month

Median $/sqft

ZIP 38463
Wayne County$110

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-03-12Price change$599,900
2024-11-14Price change$629,000
2024-09-05Price change$639,000
2024-07-05Price change$644,000
2024-03-29Listed for sale$649,000
2021-08-24Sold$450,000
2021-04-09Sold$447,000
2021-04-09Pending sale$325,000
2021-04-04Listed for sale$325,000
2021-03-04Pending sale$325,000
2021-03-02Contingent$325,000
2021-02-27Listed for sale$325,000
2021-02-19Listing removed--
2021-02-03Price change$324,900
2021-02-01Price change$564,900
2021-01-26Price change$324,900
2021-01-26Price change$564,900
2021-01-20Price change$569,900
2020-12-17Price change$329,900
2020-12-17Price change$569,900
2020-09-10Price change$579,900
2020-08-14Price change$359,900
2020-08-04Price change$379,900
2020-07-07Listed for sale$375,000
1999-03-12Sold$50,000

For Sale by Agent

AgentChristie Hagan
BrokerageColdwell Banker Southern Realty

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