NOT LISTED FOR SALE

102 Spring Crossing Dr Spring City, TN 37381

Estimated Value: $1,276,000

3 Beds
3.5 Baths
3,756 Sq Ft
$340/Sq Ft Est. Value

Sale Details

Date Sold: March 11, 2022

Last sale price $1,097,500 $292 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,101 / mo

154 Days on Market

Highlights

  • Lake Front
  • Countryside Views
  • Contemporary Architecture
  • Landscaped Professionally
  • Deck
  • Dock Permitted

About This Home

As of March 2022

Lake front custom built home retreat resting on a beautiful private cove of Watts Bar lake. Excellent construction that provides peaceful living and easy dock/water access year round. This incredible home offers two levels of completed living space with full kitchens on each and two separate garage and entrances if needed/or use as rental. Flex room on each level cold be 4th and 5th bedroom & room to easily sleep 12. The enormous outdoor covered patio/deck area offers ample room to host large outdoor gatherings. The covered dock with boat lift is just 100ft from back of home with 180ft of rip/rap lake front. Located at the end of a cul-de-sac and in a beautiful area. Purchase includes lot 8 as well. MLS# There is a large deep tall 3rd garage bay on the lower level. Driveway accessible.
The driveway to home is steep, but this allows the home to be sitting much closer to the water for greater view and easier access to the dock. FedEx and UPS backs down to drop of packages and access is much easier than it first appears. Plenty of concrete space at the lower end. Additonal lot included could allow to rework driveway as well.
The water in the cove stays in year round. There is annual lowering of the water by TVA starting in November through March time frame. Water level drops several feet and goes out to about the end of the dock. This will fluctuate depending on weather and needs of TVA, but the cove does not go dry.

Last Agent to Sell the Property

Jennifer Cook

Keller Williams Signature License #330468 Listed on: 10/01/2021

Keller Williams Signature

Last Buyer's Agent

Kathy May-Martin

Coldwell Banker Jim Henry License #250474

Coldwell Banker Jim Henry

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011

Lot Details

  • 23,958 Sq Ft Lot
  • Lake Front
  • Cul-De-Sac
  • Landscaped Professionally
  • Private Lot
  • Wooded Lot

Property Views

  • Countryside Views
  • Forest Views

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Wood Siding
  • Stone Siding
  • Vinyl Siding
  • Rough-In Plumbing

Interior Spaces

  • 3,756 Sq Ft Home
  • Central Vacuum
  • 2 Fireplaces
  • Ventless Fireplace
  • Vinyl Clad Windows
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Basement Garage
  • Parking Available
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Access To Lake
  • Dock Permitted
  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • Spring City Middle School
  • Rhea County High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • Spring Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031L A 009.00 000

Home Details

Home Type

Single Family

Year Built

Built in 2011

Lot Details

0.55 Acres

Listing Details

  • Directions: From I-40 W, follow signs for Nashville. Take exit 347 for US-27 toward Harriman/Rockwood. Continue on US-27 S. Drive to Spring Crossing Dr in Rhea County. Turn left onto US-27 S/S Roane St. Continue to follow US-27 S. Pass by Hardee's (on the left in 6.2 mi). Turn left onto Rocky Springs Rd. Slight right onto Muddy Creek Rd. Turn left onto Toestring Valley Rd. Turn right onto Rhea Springs Rd. Turn right onto Spring Cove Ln. Turn right onto Spring Crossing Dr. Home is on the right. Sign in yard.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2011
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.55
  • Lot Size: 46.68 X 216.47 IRR
  • Subdivision Name: Spring Cove
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Disposal, Dryer, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave, Washer
  • Has Basement: Finished, Plumbed, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Ventless
  • Fireplaces: 2
  • Flooring: Laminate, Hardwood, Tile

Exterior Features

  • Exterior Features: Windows - Vinyl, Porch - Covered, Prof Landscaped, Deck, Balcony
  • View: Country Setting, Wooded
  • Lot Features: Cul-De-Sac, Waterfront Access, Private, Lakefront, Lake Access, Wooded, Current Dock Permit on File
  • Construction Type: Stone, Vinyl Siding, Wood Siding, Brick

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Attached, Basement, Side/Rear Entry, Main Level, Off-Street Parking

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Heat Pump
  • Heating Yn: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 23958.0
  • Parcel #: 031L A 009.00 000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Mar 11, 2022
Sold by
Denise Watson Libby
Bought by
Mcswain Carl Matthew and Mcswain Patricia Jeanne
Seller's Agent
Jennifer Cook
Keller Williams Signature
Buyer's Agent
Kathy May-Martin
Coldwell Banker Jim Henry
Sold Price
$1,097,500
Current Estimated Value
$1,276,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,500
Avg. Annual Appreciation
3.71%
Original Mortgage
$425,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2021
Sold by
Watson Gregory L
Bought by
Watson Libby Denise

Purchase Details

Closed on
Jun 6, 2018
Sold by
Henley Peggy Jan
Bought by
Henley William Clifford

Purchase Details

Closed on
Dec 8, 2011
Sold by
Edwards Jim
Bought by
Watson Gregory L and Watson Libby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 21, 2011
Sold by
First Bank Of Tennessee
Bought by
Edwards Jim

Purchase Details

Closed on
Jul 1, 2010
Sold by
Oneal Michael W
Bought by
First Bank Of Tennessee

Purchase Details

Closed on
Nov 26, 2007
Bought by
O'neal Michael W

Purchase Details

Closed on
Feb 15, 2006
Bought by
Pack Partnership
Source: Public Records
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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
Mcswain Carl Matthew $1,097,500 None Listed On Document
Watson Libby Denise -- None Listed On Document
Watson Libby Denise -- None Available
Henley William Clifford -- None Available
Watson Gregory L $585,160 --
Edwards Jim $165,500 --
First Bank Of Tennessee $209,000 --
O'neal Michael W $220,000 --
Pack Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcswain Carl Matthew $425,000
Previous Owner Watson Gregory L $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2022 03/11/22 Sold $1,097,500 -- $292 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
Source: East Tennessee REALTORS® MLS

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 $3,465 $256,925 $42,500 $214,425
2024 $3,465 $256,925 $42,500 $214,425
2023 $3,953 $175,300 $43,750 $131,550
2022 $3,900 $172,950 $43,750 $129,200
2021 $3,859 $172,950 $43,750 $129,200
2020 $3,859 $171,125 $43,750 $127,375
2019 $3,859 $171,125 $43,750 $127,375
2018 $3,607 $164,200 $50,000 $114,200
2017 $3,271 $164,200 $50,000 $114,200
2016 $3,271 $148,925 $50,000 $98,925
2015 $3,122 $148,925 $50,000 $98,925
2014 $3,122 $148,925 $50,000 $98,925
2013 -- $148,925 $50,000 $98,925
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1169273

East Tennessee REALTORS® MLS

APN: 031L-A-009.00

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