Seller's Agent in 2024
Susan Crockett
Blue Key Properties
(423) 802-7515
205 in this area
289 Total Sales
1085 New Lake Rd Spring City, TN 37381
Estimated Value: $727,013 - $988,000
6
Beds
4
Baths
3,816
Sq Ft
$217/Sq Ft
Est. Value
Highlights
- Guest House
- Waterfront
- Stationary Dock
- Lake On Lot
- Deck
- Wood Flooring
About This Home
As of July 2024Two Watts Bar Waterfront homes for the price of one!! The main home offers six bedrooms, 4 full baths, living room with gas fireplace, family room, dining room and recreation room, all with awesome views of the Piney River/Watts Bar Lake main channel. There is an additional formal dining room, laundry room, 2 car garage and large deck for entertaining. The second home main level offers a private Master suite with bath overlooking the lake and amazing sunrises, kitchen and a deck to relax and enjoy the views. The lower level offers 2 bedrooms, 1 full bath/laundry room, living area and a full kitchen. This property would make the perfect ''Bed n Breakfast'' residence or enjoy it full time or as a family get-away/retreat. The location, level lot and dock are so convenient and accommodating. Updates include a new gas water heater, some new vinyl flooring, new metal roof and HVAC. This property has great rental history! So convenient to several marina/resorts and free boat launch! This is a must-see property, call for your private tour today!!
Last Agent to Sell the Property
Blue Key Properties License #278525 Listed on: 10/26/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,999
Year Built
- Built in 1958
Lot Details
- 0.66 Acre Lot
- Waterfront
- Level Lot
Parking
- 2 Car Attached Garage
- Parking Accessed On Kitchen Level
- Front Facing Garage
- Garage Door Opener
- Off-Street Parking
Home Design
- Block Foundation
- Shingle Roof
- Metal Roof
- Vinyl Siding
Interior Spaces
- 3,816 Sq Ft Home
- 2-Story Property
- Gas Log Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Water Views
- Fire and Smoke Detector
- Washer and Gas Dryer Hookup
Kitchen
- Eat-In Kitchen
- Free-Standing Electric Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- 4 Full Bathrooms
Outdoor Features
- Stationary Dock
- Lake On Lot
- Deck
- Covered Patio or Porch
- Gazebo
Additional Homes
- Guest House
Schools
- Spring City Elementary And Middle School
- Rhea County High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Underground Utilities
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 037b B 006.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 26, 2023
Closed on
Jul 12, 2024
Sold by
Perry Roy and Perry Joann E
Bought by
Basler Scott M and Basler Lisa M
Seller's Agent
Susan Crockett
Blue Key Properties
Buyer's Agent
Angela Tumlin
Real Estate Partners Chattanooga LLC
List Price
$799,000
Sold Price
$650,000
Premium/Discount to List
-$149,000
-18.65%
Views
836
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,868
Avg. Annual Appreciation
22.38%
Purchase Details
Closed on
Jan 25, 2016
Sold by
Perry Roy R
Bought by
Thacker George
Purchase Details
Closed on
Mar 3, 2010
Sold by
Cortez Investment Grp Inc
Bought by
Perry Roy
Purchase Details
Closed on
Sep 13, 2009
Sold by
London Palladium Inc
Bought by
Cortez Investment Grp Inc
Purchase Details
Closed on
Feb 6, 2007
Bought by
London Palladium Inc
Purchase Details
Closed on
Jun 6, 2006
Bought by
Haydon Shirley Reed
Purchase Details
Closed on
Mar 10, 2003
Sold by
Ruth Hiestand
Bought by
Ruth Haydon Shirley
Purchase Details
Closed on
Mar 11, 1992
Bought by
Hiestand Ruth
Purchase Details
Closed on
Jun 16, 1989
Bought by
Hiestand Ruth
Purchase Details
Closed on
May 22, 1989
Bought by
Sherwood Corporation
Purchase Details
Closed on
May 19, 1989
Purchase Details
Closed on
Aug 5, 1969
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Basler Scott M | $650,000 | None Listed On Document | |
| Thacker George | -- | -- | |
| Perry Roy | -- | -- | |
| Cortez Investment Grp Inc | -- | -- | |
| London Palladium Inc | -- | -- | |
| Haydon Shirley Reed | -- | -- | |
| Ruth Haydon Shirley | $195,000 | -- | |
| Hiestand Ruth | $3,700 | -- | |
| Hiestand Ruth | $73,500 | -- | |
| Sherwood Corporation | -- | -- | |
| -- | -- | -- | |
| -- | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/23/2024 07/23/24 | Sold | $650,000 | -13.2% | $170 / Sq Ft |
| 03/06/2024 03/06/24 | Price Changed | $749,000 | -3.9% | $196 / Sq Ft |
| 12/06/2023 12/06/23 | Price Changed | $779,000 | -2.5% | $204 / Sq Ft |
| 10/26/2023 10/26/23 | For Sale | $799,000 | 0.0% | $209 / Sq Ft |
| 09/24/2023 09/24/23 | Off Market | $799,000 | -- | -- |
| 08/17/2023 08/17/23 | For Sale | $799,000 | 0.0% | $209 / Sq Ft |
| 08/13/2023 08/13/23 | Off Market | $799,000 | -- | -- |
| 06/05/2023 06/05/23 | For Sale | $799,000 | -- | $209 / Sq Ft |
Source: Greater Chattanooga REALTORS®
Tax History Compared to Growth
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 | -- | $233,750 | $56,250 | $177,500 |
| 2023 | $6,354 | $166,125 | $56,250 | $109,875 |
| 2022 | $9,956 | $263,760 | $90,000 | $173,760 |
| 2021 | $6,107 | $263,760 | $90,000 | $173,760 |
| 2020 | $5,547 | $164,850 | $56,250 | $108,600 |
| 2019 | $5,547 | $164,850 | $56,250 | $108,600 |
| 2018 | $4,752 | $143,700 | $56,250 | $87,450 |
| 2017 | $4,424 | $143,700 | $56,250 | $87,450 |
| 2016 | $4,424 | $140,150 | $56,250 | $83,900 |
| 2015 | $4,283 | $140,150 | $56,250 | $83,900 |
| 2014 | -- | $140,150 | $56,250 | $83,900 |
| 2013 | -- | $140,150 | $56,250 | $83,900 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Crockett
-
Angela Tumlin
Buyer's Agent in 2024
Angela Tumlin
Real Estate Partners Chattanooga LLC
(423) 421-9742
8 in this area
79 Total Sales
Map
Source: Greater Chattanooga REALTORS®
MLS Number: 1374626
APN: 037B-B-006.00
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