NOT LISTED FOR SALE

1040 W Rhea Ave Spring City, TN 37381

Estimated Value: $58,552 - $147,000

2 Beds
1 Bath
624 Sq Ft
$157/Sq Ft Est. Value

Last Sold April 19, 2022

Last sale price $37,600 $60 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $540/month

156 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Cooling Available
  • Traditional Architecture
  • No HOA
  • Level Lot

About This Home

As of April 2022

SOLD AS IS, Buyer and Buyers Agent to verify all information. Renovation Property. Cash Only

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $303

Year Built

  • Built in 1953

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 100x140
  • Level Lot

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 624 Sq Ft Home
  • Property has 1 Level
  • Mountain Views
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 030D D 01300 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$303

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1953
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor
  • Fireplace: No
  • Flooring: Wood, Other, Vinyl
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 624
  • Building Area Units: Square Feet
  • Living Area: 624
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Frame, Other
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Electric, Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.33
  • Lot Size: 100X140
  • Lot Size Units: Acres
  • Parcel #: 030D D 01300 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 303

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Apr 19, 2022
Sold by
Lynn Woods Jessica
Bought by
Sims Christopher Robert and Sims Windi
List Price
$65,000
Sold Price
$37,600
Premium/Discount to List
-$27,400
-42.15%
Current Estimated Value
$97,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,288
Avg. Annual Appreciation
31.13%

Purchase Details

Closed on
Sep 27, 2011
Bought by
Potter Alta

Purchase Details

Closed on
Jan 11, 1964
Bought by
Potter Carl Y and Potter Alta
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sims Christopher Robert $37,600 Cantrell Christopher
Sims Christopher Robert $37,600 None Listed On Document
Potter Alta -- --
Potter Carl Y -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2022 04/19/22 Sold $37,600 -42.2% $60 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
11/01/2021 11/01/21 For Sale $65,000 -- $104 / Sq Ft
Source: Realtracs

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 -- $14,100 $3,650 $10,450
2023 $324 $8,450 $2,325 $6,125
2022 $319 $8,450 $2,325 $6,125
2021 $313 $8,450 $2,325 $6,125
2020 $285 $8,450 $2,325 $6,125
2019 $285 $8,450 $2,325 $6,125
2018 $215 $6,500 $2,000 $4,500
2017 $176 $5,575 $2,000 $3,575
2016 $176 $5,575 $2,000 $3,575
2015 $171 $5,575 $2,000 $3,575
2014 $117 $5,575 $2,000 $3,575
2013 -- $5,575 $2,000 $3,575
Source: Public Records

Map

Source: Realtracs

MLS Number: 2893950

Realtracs

APN: 030D-D-013.00