NOT LISTED FOR SALE

1018 Buzzard Roost Rd Spring City, TN 37381

Estimated Value: $571,000 - $658,000

3 Beds
3 Baths
2,592 Sq Ft
$233/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $550,000 $212 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,415/month

103 Days on Market

Highlights

  • Lake Front
  • Chalet
  • No HOA
  • Docks
  • Cathedral Ceiling
  • Walk-In Closet

About This Home

As of June 2024

This Watts Bar Lake house is back on the market after getting an outdoor makeover. The deck has recently been refurbished, the landscaping rejuvenated, and the stationary dock rebuilt. Whether for full-time living, a weekend retreat, or a rental property, this 2,500+ sq. foot home on a quiet cove will meet all of your needs. You'll fall in love with the view from your screened in porch, feed a crowd in your generous eat-in kitchen, and find plenty of room for beds. The house features a walk-out basement with a full bathroom and laundry room, 2 bedrooms and a bathroom on the main floor, a garage-turned-living space, and a loft above with vaulted ceilings and its own bathroom. Though the layout is atypical, that's what makes it so flexible! Enjoy year round deep water with your floating dock and boat lift. Watch the sunset as you roast marshmallows around your fire pit. There's ample parking for all of your guests, both at the top of the property and in the driveway. You can store your water toys in the detached workshop or the garage storage area. Water heater, refrigerator, and dishwasher have all been replaced in the past two years. Don't miss your chance to own a turn-key property within 15 minutes of the charming town of Spring City, less than an hour away from several waterfalls, and just over 2 hours from the Smoky Mountains.
BUYER TO VERIFY ALL INFORMATION.
***Also, please note that new deck boards cannot be painted for at least 4 months to allow pressure treated lumber to cure out. Seller will leave paint for buyer to use when it is time to. ***

Last Agent to Sell the Property

Melissa Anderson

Realty Executives Main Street License #297853 Listed on: 02/05/2024

Realty Executives Main Street

Last Buyer's Agent

Angela Waskom

Tennessee Life Real Estate Professionals License #336736

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,534

Year Built

  • Built in 1983

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 106 x 270 x 104 x 256
  • Lake Front
  • Irregular Lot
  • Lot Has A Rolling Slope

Parking

  • 1 Car Garage
  • Parking Available
  • Off-Street Parking

Property Views

  • Lake
  • Mountain

Home Design

  • Chalet
  • Frame Construction
  • Cement Siding
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 2,592 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Vinyl Clad Windows
  • Insulated Windows
  • Combination Kitchen and Dining Room
  • Storage
  • Washer and Dryer Hookup
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Access To Lake
  • Docks
  • Outdoor Storage
  • Storage Shed

Schools

  • Spring City Middle School
  • Rhea County High School

Utilities

  • Zoned Heating and Cooling System
  • Septic Tank
  • Internet Available

Community Details

  • No Home Owners Association
  • Ware Farms 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 032N A 007.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,534

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • Directions: Spring City: take Hwy 27 South/West. Go approximately 18 miles, and turn left onto Rocky springs Rd. Angle right onto Muddy Creek Rd. Turn left onto Toestring Rd., then turn right onto Buzzard Roost Rd. House will be on the right. Sign on Property.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1983
  • Lot Size Acres: 0.63
  • Lot Size: 106 x 270 x 104 x 256
  • Subdivision Name: Ware Farms 1
  • Architectural Style: Chalet
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • View:Mountain View: Yes
  • Lot Description:Irregular Lot: Yes
  • Lot Description:Lake Access: Yes
  • Lot Description:Lakefront: Yes
  • View:Lake: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1248.0
  • General Property Description:SqFt - Down Lvl: 720.0
  • General Property Description:SqFt - 2nd Flr Lvl: 624.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Outbuildings:Storage Shed: Yes
  • Floors:Laminate: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Percent Basement Finished: Yes
  • Basement Walkout: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Dining Area:Breakfast Bar: Yes
  • Siding:Metal3: Yes
  • Siding:Cement: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Microwave
  • Has Basement: Finished, Walkout
  • Fireplace: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Laminate, Carpet, Vinyl
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Fireplace:None15: Yes
  • Misc Features:Island in Kitchen: Yes
  • Other Rooms:Split Bedroom: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl, Windows - Insulated, Dock
  • View: Mountain View, Lake
  • Lot Features: Lakefront, Lake Access, Irregular Lot, Rolling Slope
  • Construction Type: Vinyl Siding, Cement Siding, Metal Siding, Frame
  • Other Structures: Storage
  • Construction:Frame: Yes
  • Exterior Features:Windows - Insulated: Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Exterior Features:Dock: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 1.0
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Main Level, Off-Street Parking
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:Main Level: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 27442.8
  • Parcel #: 032N A 007.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Jun 17, 2024
Sold by
Smith Kenneth A and Smith Brooke C
Bought by
Warkins Jeffrey William and Warkins Kerri Coulter
Seller's Agent
Melissa Anderson
Realty Executives Main Street
Buyer's Agent
Angela Waskom
Tennessee Life Real Estate Professionals
List Price
$560,000
Sold Price
$550,000
Premium/Discount to List
-$10,000
-1.79%
Views
123
Current Estimated Value
$603,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,267
Avg. Annual Appreciation
3.20%
Original Mortgage
$412,500
Outstanding Balance
$409,403
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$161,060

Purchase Details

Listed on
Sep 30, 2019
Closed on
Jun 19, 2020
Sold by
Canik Michael E and Canik Barbara A
Bought by
Smith Kenenth A and Smith Brooke C
Seller's Agent
Tommie Cox
The Real Estate Firm, Inc.
Buyer's Agent
Melissa Anderson
Realty Executives Associates
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.35%
Original Mortgage
$275,500
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2016
Closed on
Sep 1, 2017
Sold by
Reynolds David A and Reynolds Julianne M
Bought by
Canik Michael E and Canik Barbara A
Seller's Agent
Susan Crockett
Blue Key Properties
Buyer's Agent
Comps Only
COMPS ONLY
List Price
$349,000
Sold Price
$272,900
Premium/Discount to List
-$76,100
-21.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.21%

Purchase Details

Listed on
Apr 22, 2013
Closed on
Jun 5, 2013
Sold by
Wright Frank L
Bought by
Reynolds David A and Reynolds Julianne
Seller's Agent
Christie Dennis
Century 21 Professional Group
Buyer's Agent
Susan Crockett
Blue Key Properties
List Price
$237,500
Sold Price
$230,000
Premium/Discount to List
-$7,500
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%
Original Mortgage
$184,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 9, 1996
Sold by
Lee Justus Vickie
Bought by
Wright Frank L

Purchase Details

Closed on
Mar 4, 1993
Bought by
Cochran Vickie Lee Justus Etvir Gar

Purchase Details

Closed on
May 5, 1988
Bought by
Justus Vickie Lee

Purchase Details

Closed on
Oct 6, 1986
Bought by
Miller Anthony C and Miller E

Purchase Details

Closed on
Aug 7, 1979

Purchase Details

Closed on
Jan 3, 1900
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Warkins Jeffrey William $550,000 Premier Title Group
Smith Kenenth A $290,000 Radiant Title Llc
Canik Michael E $272,900 None Available
Reynolds David A $230,000 --
Wright Frank L $78,900 --
Cochran Vickie Lee Justus Etvir Gar -- --
Justus Vickie Lee $56,000 --
Miller Anthony C $42,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warkins Jeffrey William $412,500
Previous Owner Smith Kenneth A $170,000
Previous Owner Smith Kenenth A $275,500
Previous Owner Reynolds David A $184,000
Previous Owner Wright Frank L $40,000
Previous Owner Wright Frank L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Sold $550,000 -1.8% $212 / Sq Ft
05/19/2024 05/19/24 Pending -- -- --
04/29/2024 04/29/24 Price Changed $560,000 0.0% $216 / Sq Ft
04/29/2024 04/29/24 For Sale $560,000 +1.8% $216 / Sq Ft
04/04/2024 04/04/24 Off Market $550,000 -- --
03/27/2024 03/27/24 Price Changed $555,000 -0.9% $214 / Sq Ft
02/05/2024 02/05/24 For Sale $560,000 +93.1% $216 / Sq Ft
06/19/2020 06/19/20 Sold $290,000 +6.3% $112 / Sq Ft
09/07/2017 09/07/17 Sold $272,900 -21.8% $100 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
11/08/2016 11/08/16 For Sale $349,000 +51.7% $128 / Sq Ft
06/05/2013 06/05/13 Sold $230,000 -3.2% $95 / Sq Ft
05/07/2013 05/07/13 Pending -- -- --
04/21/2013 04/21/13 For Sale $237,500 -- $98 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $1,534 $113,750 $33,750 $80,000
2023 $1,627 $72,175 $22,500 $49,675
2022 $1,562 $69,275 $22,500 $46,775
2021 $1,562 $69,275 $22,500 $46,775
2020 $1,562 $69,275 $22,500 $46,775
2019 $1,562 $69,275 $22,500 $46,775
2018 $1,308 $59,550 $22,500 $37,050
2017 $1,276 $59,550 $22,500 $37,050
2016 $1,276 $58,100 $22,500 $35,600
2015 $1,218 $58,100 $22,500 $35,600
2014 $1,218 $58,100 $22,500 $35,600
2013 -- $58,100 $22,500 $35,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1251825

East Tennessee REALTORS® MLS

APN: 032N-A-007.00