NOT LISTED FOR SALE

120 Sycamore Ln Spring City, TN 37381

Estimated Value: $260,000 - $292,000

4 Beds
2.5 Baths
1,558 Sq Ft
$177/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $186,000 $119 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,594/month

32 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Corner Lot
  • Mountain View
  • Engineered Wood Flooring
  • No HOA

About This Home

As of June 2021

Just what you have been looking for! 4 Bedroom 2.5 bath home with plenty of room near the lake! This home has been well cared for and is ready for a new owner. The home features an updated kitchen and updated bathrooms. Main floor has living room, kitchen, 3 bedrooms, one and one half baths. Downstairs has a large bedroom and den which is set up for a movie room. A full bath and oversized one car garage on this level also. Out back is a great deck for entertaining and a gently sloping yard with a great view of the mountains. The roof is only 1 year old and has a lifetime transferrable warranty. Schedule your showing today!

Last Agent to Sell the Property

Michael Bishop

Bishop Realty LLC License #290878 Listed on: 03/17/2021

Last Buyer's Agent

Teresa Congioloso

Coldwell Banker Pryor Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,068

Year Built

  • Built in 1980

Lot Details

  • 0.42 Acre Lot
  • Corner Lot
  • Gentle Sloping Lot

Parking

  • 1 Car Garage
  • Basement Garage

Home Design

  • Split Foyer
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,558 Sq Ft Home
  • Open Floorplan
  • Aluminum Window Frames
  • Family Room
  • Living Room
  • Mountain Views
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup
  • Finished Basement

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Meets Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 037j C 016.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,068

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.42
  • Lot Size: 200 X 275 IRR
  • Subdivision Name: Meets Bounds
  • Directions: From Hwy 27 in Spring City take New Lake Road. Left on Sycamore Ln. House on right.
  • Architectural Style: Split Foyer
  • Carport Y N: No
  • Garage Yn: Yes
  • Living Area: 1558.0
  • New Construction: No
  • Year Built: 1980
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 037j C 016.00
  • Location Tax and Legal Elementary School: Spring City
  • Location Tax and Legal Middle Or Junior School2: Spring City
  • Location Tax and Legal High School: Rhea County High School
  • Location Tax and Legal:Tax Annual Amount: 1068.27
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 1
  • 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: No
  • General Property Information Lot Size Acres: 0.42
  • General Property Information Lot Size Square Feet2: 18295.2
  • General Property Information Lot Size Dimensions: 200 X 275 IRR
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: 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
  • Security Features:Smoke Detector(s): Yes
  • View:Mountain(s): Yes
  • Flooring:Vinyl: Yes
  • Brick and Stone Features Partial Brick: Yes
  • Flooring Engineered Hardwood: Yes
  • Architectural Style Split Foyer: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Free-Standing Electric Range, Dishwasher
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Open Floorplan, Tub/shower Combo
  • Window Features: Aluminum Frames
  • Appliances Dishwasher: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Open Floorplan: Yes

Exterior Features

  • Lot Features: Corner Lot, Gentle Sloping
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Gentle Sloping: Yes
  • Window Features:Aluminum Frames: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Basement
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Basement: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Natural Gas: 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: Spring City

Lot Info

  • Lot Size Sq Ft: 18295.2
  • Additional Parcels: No
  • Parcel #: 037j C 016.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1068.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
Jun 4, 2021
Sold by
Durant Carl E and Durant Stephanie
Bought by
Banks Phillip Caywood and Banks Tricia Marie
Seller's Agent
Michael Bishop
Bishop Realty LLC
Buyer's Agent
Teresa Congioloso
Coldwell Banker Pryor Realty
List Price
$209,900
Sold Price
$186,000
Premium/Discount to List
-$23,900
-11.39%
Current Estimated Value
$274,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,686
Avg. Annual Appreciation
9.29%
Original Mortgage
$176,700
Outstanding Balance
$161,712
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$108,594

Purchase Details

Closed on
Mar 2, 1998
Sold by
Lee Rogers Bobby
Bought by
Durant Carl E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,700
Interest Rate
7%

Purchase Details

Closed on
Aug 12, 1989
Bought by
Rogers Bobby Lee and Shirley Sue

Purchase Details

Closed on
Jan 27, 1983
Bought by
Hutchins Steve and Hutchins Leanne

Purchase Details

Closed on
Jan 1, 1983

Purchase Details

Closed on
Nov 30, 1982

Purchase Details

Closed on
Jan 2, 1982

Purchase Details

Closed on
Mar 18, 1980

Purchase Details

Closed on
Oct 1, 1979
Source: Public Records

Range of Values:

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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
Banks Phillip Caywood $186,000 Title Insurance Company
Durant Carl E $83,000 --
Rogers Bobby Lee $53,000 --
Hutchins Steve -- --
-- -- --
-- -- --
-- $42,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banks Phillip Caywood $176,700
Previous Owner Durant Carl E $116,758
Previous Owner Durant Carl E $106,000
Previous Owner Durant Carl E $111,100
Previous Owner Durant Carl E $46,700
Previous Owner Not Available $74,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $186,000 -11.4% $119 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $209,900 -- $135 / 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 -- $54,650 $7,875 $46,775
2023 $1,160 $30,325 $3,750 $26,575
2022 $1,145 $30,325 $3,750 $26,575
2021 $1,104 $30,325 $3,750 $26,575
2020 $1,003 $29,800 $3,750 $26,050
2019 $1,003 $29,800 $3,750 $26,050
2018 $962 $29,075 $3,750 $25,325
2017 $918 $29,075 $3,750 $25,325
2016 $918 $29,075 $3,750 $25,325
2015 $889 $29,075 $3,750 $25,325
2014 $610 $29,075 $3,750 $25,325
2013 -- $29,075 $3,750 $25,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1332668

Greater Chattanooga REALTORS®

APN: 037J-C-016.00