NOT LISTED FOR SALE

1115 Groover Rd Spring City, TN 37381

Estimated Value: $725,000 - $955,000

3 Beds
3 Baths
2,688 Sq Ft
$308/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $480,000 $179 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,807/month

4 Days on Market

Highlights

  • Lake On Lot
  • Open Floorplan
  • Contemporary Architecture
  • Waterfront
  • Deck
  • Stationary Dock

About This Home

As of August 2020

Huge back porch,gentle flowing yard to nice deck on year round water. Bring your boat and your fishing poles! This fantastic home is perfect for outdoor entertaining on the spacious deck.

Last Agent to Sell the Property

Cristy Thomas

Scenic South Properties, LLC License #314808 Listed on: 07/29/2020

Last Buyer's Agent

Comps Only

COMPS ONLY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,967

Year Built

  • Built in 1972

Lot Details

  • Waterfront
  • Gentle Sloping Lot

Parking

  • Carport

Property Views

  • Water
  • Mountain

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,688 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Fire and Smoke Detector
  • Free-Standing Electric Range
  • Washer and Gas Dryer Hookup
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Stationary Dock
  • Lake On Lot
  • Deck
  • Covered patio or porch
  • Outbuilding

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Red Cloud Colony Subdivision

Listing and Financial Details

  • Assessor Parcel Number 026d A 013.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,967

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 100 X 180 IRR
  • Subdivision Name: Red Cloud Colony
  • Directions: Hwy 27 to Rocky Springs Rd to R on Stump Hollow to L on Groover
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 2688.0
  • New Construction: No
  • Year Built: 1972
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 026d A 013.00
  • Location Tax and Legal Elementary School: Spring City
  • Location Tax and Legal Middle Or Junior School2: Rhea County Middle
  • Location Tax and Legal High School: Rhea County High School
  • Location Tax and Legal:Tax Annual Amount: 1966.75
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: Yes
  • General Property Information Lot Size Dimensions: 100 X 180 IRR
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels:Two: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Foundation Details Block2: Yes
  • Security Features:Smoke Detector(s): Yes
  • View:Mountain(s): Yes
  • Architectural Style:Contemporary: Yes
  • Foundation Details Concrete Perimeter: Yes
  • View:Water2: Yes
  • Other Structures:Out Building: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Free-Standing Electric Range, Electric Water Heater
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Open Floorplan, Primary Downstairs, Tub/shower Combo, Walk-In Closet(s)
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Lot Features: Gentle Sloping, Lake On Lot, Sloped, Other
  • View: Mountain(s), Water, Other
  • View: Yes
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Other
  • Exterior Features: Dock - Stationary
  • Foundation Details: Block, Concrete Perimeter, Slab
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Deck, Patio
  • Roof: Shingle
  • Exterior Features:Dock - Stationary: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Gentle Sloping: Yes
  • Patio And Porch Features:Covered: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Lake On Lot: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • 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: Rhea County Middle

Lot Info

  • Additional Parcels: No
  • Parcel #: 026d A 013.00

Tax Info

  • Tax Annual Amount: 1966.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Aug 14, 2020
Sold by
Adult Gary L and Adult Deborah L
Bought by
Hudson Billy J and Hudson Lisa K
Seller's Agent
Cristy Thomas
Scenic South Properties, LLC
Buyer's Agent
Comps Only
COMPS ONLY
List Price
$469,000
Sold Price
$480,000
Premium/Discount to List
$11,000
2.35%
Total Days on Market
4
Current Estimated Value
$828,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,454
Avg. Annual Appreciation
11.08%

Purchase Details

Closed on
May 24, 2016
Sold by
Ault Gary L
Bought by
Ault Gary L and Ault Debbie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2009
Sold by
Ault Gary L
Bought by
Ault Gary L

Purchase Details

Closed on
Aug 17, 2007
Bought by
Ault Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,550
Interest Rate
6.7%

Purchase Details

Closed on
Feb 8, 1972
Bought by
Allman Zack T and Allman Mary C
Source: Public Records

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Range of Values:

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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
Hudson Billy J $480,000 Realty T&E Svcs Inc
Ault Gary L -- --
Ault Gary L -- --
Ault Gary L $389,000 --
Allman Zack T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ault Gary L $201,000
Previous Owner Ault Gary L $368,000
Previous Owner Ault Gary L $375,250
Previous Owner Ault Gary L $369,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $480,000 +2.3% $179 / Sq Ft
08/02/2020 08/02/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $469,000 -- $174 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $1,866 $138,375 $35,000 $103,375
2023 $2,287 $101,450 $32,500 $68,950
2022 $2,287 $101,450 $32,500 $68,950
2021 $2,271 $100,725 $32,500 $68,225
2020 $1,967 $100,725 $32,500 $68,225
2019 $1,967 $87,225 $32,500 $54,725
2018 $1,665 $75,800 $32,500 $43,300
2017 $1,665 $75,800 $32,500 $43,300
2016 $1,660 $75,800 $32,500 $43,300
2015 $1,584 $75,550 $32,500 $43,050
2014 $1,584 $75,550 $32,500 $43,050
2013 -- $75,550 $32,500 $43,050
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Cristy Thomas

    Scenic South Properties, LLC

    (423) 385-4151

    3 Total Sales

    Cristy Thomas
    Section Image

  • C

    Buyer's Agent in 2020

    Comps Only

    COMPS ONLY

See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1321684

Greater Chattanooga REALTORS®

APN: 026D-A-013.00

Tennessee Rhea County Spring City 37381

1115 Groover Rd, Spring City, TN

This home is located at 1115 Groover Rd, Spring City, TN 37381 since 29 July 2020 and is currently estimated at $828,454, approximately $308 per square foot. This property was built in 1972. 1115 Groover Rd is a home located in Rhea County with nearby schools including Rhea County High School.

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