NOT LISTED FOR SALE

121 William Dr Spring City, TN 37381

Estimated Value: $837,000 - $2,003,000

4 Beds
3.5 Baths
4,500 Sq Ft
$348/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $1,595,000 $354 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $8,581/month

Highlights

  • Lake Front
  • RV Garage
  • Deck
  • In Ground Pool
  • Craftsman Architecture
  • Dock Permitted

About This Home

As of August 2022

Gorgeous sunrises await you on Watts Bar Lake in Spring City TN. Watch the ospreys & eagles soar over a TN natural preserve and the foothills of the Smokies from this custom designed & built waterfront beauty. Located on year-round water, & navigable to the Gulf sailing the ''Lower Loop'', this property is a private destination for nature lovers who want a luxurious getaway. Situated on over an acre, this 4500 sq ft contemporary Craftsman welcomes you with circular driveways & is perfect for large family gatherings, entertaining or a work-from-home paradise. Inside the curved entryway, you'll find stunning lake views from the floor to ceiling sliders, hardwood floors and ''castle-like'' rounded doorways. Custom built-ins and beams in formal dining room, curved ceilings, walls and unique moulding and millwork throughout. Fireplace beckons. Walk in pantry with built- ins. Take your meals outdoors and watch the boats and barges go by in a screened in deck or one of 2 outdoor decks. Granite and high-end appliances in kitchen leads to a large laundry and oversized single car garage. All kitchen appliances convey. Main floor master will wow with its views, curved doorways, double crown moulding, walk-in shower and pocket doors. Beautiful wood organizers in master closet. Upper level continues to impress with 12' ceilings, 6" trim and unforgettable "secret" room. Three large bedrooms upstairs complete with Jack and Jill bath and a potential 4th room, currently the study/library with warm fireplace nooks & lined with shelves and cabinets. Impressive, usable storage throughout the home in its larger closet and storage rooms. The lower level is a stunner with a professional 12' oak bar, wainscot and cozy custom fireplace, game room and professional workshop. The property has a number of outdoor living and gathering spaces. Meander down to the lake on a landscaped 200' path with upper and lower ponds, which leads to a large salt water pool, gorgeous waterfall feature and which doubles as a lake-fed irrigation system. Professionally landscaped with mountain stone and perennials, tiered gardens make this a park-like setting. Dock includes 2 covered slips with lifts and jet ski lift, as well as an observation deck - a sturdy seawall; an automatic irrigation. Automatic home generator installed for peace of mind. Storage anyone? This property also answers that requirement with its custom 32 x 48 detached building with both upper and lower levels. Upper level is built for RV/toys & can easily house vehicles up to 45'. The detached building even houses an adorable 1/1 full apartment, approximately 850 sq ft, and offers additional covered parking for 2 large vehicles. Custom designed, this property has extra high quality touches everywhere. No HOA and very few restrictions.

Last Agent to Sell the Property

Aimee Rose

Blue Key Properties License #333952 Listed on: 06/28/2022

Last Buyer's Agent

Gary Andrews

ReMax Preferred Properties, In

ReMax Preferred Properties, In

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • 1.4 Acre Lot
  • Lake Front

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 4,500 Sq Ft Home
  • 2 Fireplaces
  • Vinyl Clad Windows
  • Insulated Windows
  • Screened Porch
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener
  • RV Garage

Outdoor Features

  • In Ground Pool
  • Dock Permitted
  • Deck
  • Patio

Schools

  • Spring City Middle School
  • Rhea County High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Ware Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 032 070.00

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

1.4 Acres

Listing Details

  • Directions: From office in Spring City-Hwy 27N to right on E Jackson Ave-left on Toestring Valley Rd- follow around to sharp right on Ware Farms Road-stay left at split to stay on Ware Farms-Stay right onto William Drive-drive is on left. NO SIGN
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2013
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 1.4
  • Subdivision Name: Ware Farms
  • Architectural Style: Craftsman, Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Smoke Detector, Refrigerator, Microwave, Washer
  • Has Basement: Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Flooring: Carpet, Hardwood, Tile
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Windows - Vinyl, Windows - Insulated, Patio, Pool - Swim (Ingrnd), Porch - Covered, Porch - Screened, Deck
  • Lot Features: Lakefront, Other, Current Dock Permit on File
  • Construction Type: Stone, Vinyl Siding

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: RV Garage, Garage Door Opener, Attached, Detached, RV Parking

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 60984.0
  • Parcel #: 032 070.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Aug 1, 2022
Sold by
Laudick David A and Laudick Ann T
Bought by
Cobb Stephen G and Cobb Sherrie H
Seller's Agent
Aimee Rose
Blue Key Properties
Buyer's Agent
Gary Andrews
ReMax Preferred Properties, In
List Price
$1,595,000
Sold Price
$1,595,000
Current Estimated Value
$1,567,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,224
Avg. Annual Appreciation
-0.48%

Purchase Details

Closed on
May 24, 1991
Bought by
Laudick David A and Laudick Ann T

Purchase Details

Closed on
Sep 16, 1975
Bought by
Hopper Ernest A and Hopper Adelaide D
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
Cobb Stephen G $1,595,000 None Listed On Document
Laudick David A $122,900 --
Hopper Ernest A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2022 08/01/22 Sold $1,595,000 0.0% $354 / Sq Ft
06/28/2022 06/28/22 For Sale $1,595,000 -- $354 / Sq Ft
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 $6,142 $455,450 $43,750 $411,700
2024 $5,447 $403,875 $43,750 $360,125
2023 $4,730 $209,775 $37,500 $172,275
2022 $4,730 $209,775 $37,500 $172,275
2021 $3,670 $209,775 $37,500 $172,275
2020 $3,670 $162,750 $37,500 $125,250
2019 $3,670 $162,750 $37,500 $125,250
2018 $3,204 $145,875 $40,000 $105,875
2017 $3,183 $145,875 $40,000 $105,875
2016 $3,040 $138,400 $40,000 $98,400
2015 $2,902 $138,400 $40,000 $98,400
2014 -- $138,400 $40,000 $98,400
2013 -- $138,400 $40,000 $98,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1197163

East Tennessee REALTORS® MLS

APN: 032-070.00

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