NOT LISTED FOR SALE

000 Torbett Rd Spring City, TN 37381

Estimated Value: $124,000 - $226,000

1.1 Acres
$159,091 Price per Acre
47,916 Sq Ft Lot

Sale Details

Date Sold: June 5, 2024

Last sale price $78,000

Est. 162% increase in value since last sale

Current estimated payment $1,115 / mo

63 Days on Market

Highlights

  • Docks
  • No HOA
  • Rectangular Lot
  • Wooded Lot

About This Lot

As of June 2024

LEVEL, LAKEVIEW LOTS with Watts Bar Lake Access. 3 lots being sold together total 1 acre with very light restrictions. Mostly cleared, level to gently rolling to enjoy the beautiful, seasonal mountain views and sensational sunsets! This property is ready for your dream home or bring your RV and enjoy the weekends at the lake. utilities: Electric, Gas, water, and high-speed internet are available at the road. restrictions: (no Mobile home PARKS, limited to 2 RV's) will be placed on the deed at closing. Must see!

Last Agent to Sell the Property

Susan Crockett

Blue Key Properties License #278525 Listed on: 02/28/2024

Last Buyer's Agent

Comps Non Member Licensee

COMPS ONLY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $172

Lot Details

  • 1.1 Acre Lot
  • Property fronts a county road
  • Rectangular Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Schools

  • Spring City Elementary And Middle School
  • Rhea County High School

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 038j B 005.00

Community Details

Overview

  • No Home Owners Association
  • Kevin & Paula Henry Association
  • Torbett Subdivision

Recreation

  • Docks

Property Details

Property Type

Land

Est. Annual Taxes

$172

Lot Details

1.1 Acres

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1.1
  • Lot Size: 70x200,80x250,80x278.5
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Torbett
  • Directions: From office in Spring City-Hwy 27S to Hwy 68, turn left, left on Wolf Creek Rd-left on Torbett Rd-follow to property on right. SOP
  • Location Tax and Legal Parcel Number2: 038j B 005.00
  • Location Tax and Legal Elementary School: Spring City
  • Location Tax and Legal High School: Rhea County High School
  • Location Tax and Legal:Tax Annual Amount: 171.92
  • General Property Information Lot Size Acres: 1.1
  • General Property Information Lot Size Square Feet2: 47916.0
  • General Property Information Lot Size Dimensions: 70x200,80x250,80x278.5
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • Remarks and Miscellaneous Public Remarks2: LEVEL, LAKEVIEW LOTS with Watts Bar Lake Access. 3 lots being sold together total 1 acre with very light restrictions. Mostly cleared, level to gently rolling to enjoy the beautiful, seasonal mountain views and sensational sunsets! This property is ready for your dream home or bring your RV and enjoy the weekends at the lake. utilities: Electric, Gas, water, and high-speed internet are available at the road. restrictions: (no Mobile home PARKS, limited to 2 RV's) will be placed on the deed at closing. Must see!
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Location Tax and Legal Middle or Junior School: Spring City
  • General Property Information Senior Community YN2: No
  • Utilities Phone Available: Yes
  • General Property Information Flood Zone YN2: No
  • Utilities:Water Available: Yes
  • Utilities Natural Gas Available: Yes
  • Lot Features Partially Cleared: Yes
  • Road Frontage Type County Road: Yes
  • Exterior Features Dock2: Yes
  • Status Change Information Association Name 2: Kevin & Paula Henry
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Level, Rectangular Lot, Sloped, Wooded, Partially Cleared, Will Not Divide
  • View: No
  • Waterfront: No
  • Exterior Features: Dock
  • Other Structures: None
  • Lot Features:Level: Yes
  • Lot Features:Rectangular Lot: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Sloped: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Spring City
  • High School: Rhea County High School
  • Middle Or Junior School: Spring City

Lot Info

  • Lot Size Sq Ft: 47916.0
  • Parcel #: 038j B 005.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 171.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Jun 5, 2024
Sold by
Jolley Michael Lynn and Jolley Julia Michelle
Bought by
Henry Kevin and Henry Paula
Seller's Agent
Susan Crockett
Blue Key Properties
Buyer's Agent
Comps Non Member Licensee
COMPS ONLY
List Price
$84,900
Sold Price
$78,000
Premium/Discount to List
-$6,900
-8.13%
Views
74
Current Estimated Value
$204,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,500
Avg. Annual Appreciation
50.09%

Purchase Details

Closed on
Feb 26, 2003
Bought by
Jolley Michael Lynn and Jolley Julia Michelle

Purchase Details

Closed on
Aug 1, 1963
Bought by
Long Long R and Long Dorothy C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Henry Kevin $78,000 Crossland Title
Jolley Michael Lynn $12,000 --
Long Long R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2024 06/05/24 Sold $78,000 -8.1% --
05/08/2024 05/08/24 Off Market $84,900 -- --
05/01/2024 05/01/24 For Sale $84,900 0.0% --
02/28/2024 02/28/24 For Sale $84,900 -- --
Source: Greater Chattanooga REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $72 $5,325 $5,325 $0
2024 $72 $5,325 $5,325 $0
2023 $48 $2,125 $2,125 $0
2022 $48 $2,125 $2,125 $0
2021 $48 $2,125 $2,125 $0
2020 $48 $2,125 $2,125 $0
2019 $48 $2,125 $2,125 $0
2018 $47 $2,125 $2,125 $0
2017 $47 $2,125 $2,125 $0
2016 $47 $2,125 $2,125 $0
2015 $45 $2,125 $2,125 $0
2014 $45 $2,125 $2,125 $0
2013 -- $2,125 $2,125 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1387597

Greater Chattanooga REALTORS®

APN: 038J-B-005.00

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