$435,000
SOLD AUG 12, 2025

1235 New Lake Rd Unit 10 Spring City, TN 37381

4 Beds
3 Baths
1,680 Sq Ft
1.59 Acres

Recently Sold

$259 Per Sq Ft

5% Below List Price

68 Days on Market

Highlights

  • Lake Front
  • 1.59 Acre Lot
  • Tile Flooring
  • Boat Slip
  • Cooling Available
  • Central Heating

About This Home

As of August 2025

Welcome to the most affordable lakefront living opportunity on the market. This beautifully updated 4-bedroom, 3-bath condo is arguably the most desirable unit in Taylor's Landing. Located just steps from the shoreline of Watts Bar Lake, Unit #10 is a rare end unit offering panoramic water views, a private front porch, and thoughtfully designed window cutouts that frame the lake perfectly.

This fully furnished and move-in ready home features a spacious, open floor plan with hardwood floors, a fireplace, wet bar, and a gourmet kitchen complete with granite countertops (updated in 2019) and stainless steel appliances. The private master suite includes a concrete balcony overlooking the lake, a perfect retreat for morning coffee or evening relaxation. Additional upgrades include a new HVAC system installed in 2023, new gas logs, and new storm doors with hidden screens on the front, back, and upper deck doors.

Uniquely, this is the only unit in the community that comes with two deeded boat slips equipped with electric and water, located on a low-maintenance dock. Enjoy grilling on your private back deck, spending days on the water, or relaxing on the community's sandy beach. From kayaking and swimming to bonfires and sunset views, the outdoor lifestyle here is unmatched.

The location is ideal—just under an hour to both Chattanooga and Knoxville, with all essential amenities conveniently located nearby. You can even access the Intracoastal Waterway directly from your backyard, giving you boating access all the way to the Atlantic or Gulf of Mexico. With low taxes, low utilities, and a low-maintenance design, this home is perfect as a weekend getaway or full-time residence.

Don't miss your chance to own this premier lakefront property. Unit 10 at Taylor's Landing offers everything you need for the ultimate lake lifestyle.

Last Agent to Sell the Property

John Rowan

Greater Downtown Realty dba Keller Williams Realty License #307750 Listed on: 05/14/2025

Last Buyer's Agent

Drew Carey

EXP Realty LLC License #327119

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,110

Year Built

  • Built in 2008

Lot Details

  • 1.59 Acre Lot
  • Lake Front

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Property Attached
  • Stone Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • Property has 3 Levels
  • Water Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Boat Slip

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 037B B 00200 000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,110

Year Built

Built in 2008

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Other Condo
  • Year Built: 2008
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Stainless Steel Appliance(s), Refrigerator, Microwave, Electric Range, Electric Oven, Dishwasher
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Building Area Units: Square Feet
  • Living Area: 1680
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Boat Slip
  • Construction Type: Stone
  • Foundation Details: Slab
  • Pool Private: No
  • View: Water
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No

Lot Info

  • Lot Size Acres: 1.59
  • Lot Size: 147.30 X 511.54 IRR
  • Lot Size Units: Acres
  • Parcel #: 037B B 00200 000
  • Property Attached Yn: Yes

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2110

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

Closed on
Feb 6, 2024
Sold by
Rike Kim W and Rike Juli A
Bought by
Kwr Trust and Rike

Purchase Details

Closed on
Jul 6, 2023
Sold by
Gilbert Joseph M and Gilbert Barbara M
Bought by
Weston Joseph G

Purchase Details

Closed on
May 1, 2023
Sold by
Person Jason
Bought by
Pendergrass Artis Mignonne and Davis Julie Karen

Purchase Details

Closed on
Jun 14, 2018
Sold by
Schenk Mark E and Schenk Candace K
Bought by
Schand Kreidler Diana and Kreidler Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2018
Sold by
Tn S & T Investments Llc
Bought by
Dadosky Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2018
Sold by
Mccoy Renee
Bought by
Mullins Carig E and Mullins Ronda H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,200
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 14, 2017
Sold by
Stout Fred
Bought by
Hyder Sharon

Purchase Details

Closed on
Aug 10, 2017
Sold by
Mountain Wood Products Llc
Bought by
Tn S&T Investments Llc

Purchase Details

Closed on
Feb 23, 2017
Sold by
Campbell John Ray Estate
Bought by
Chadwell Kenneth M

Purchase Details

Closed on
Sep 21, 2016
Sold by
Taylors Landing Townhomes
Bought by
Mccory Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 1, 2016
Sold by
Taylors Landing Townhomes
Bought by
Jackson Larry F and Jackson Sherry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2016
Sold by
Taylors Landing Townhomes
Bought by
Hoover Gabriel J and Hoover Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 18, 2016
Sold by
Stout Fred
Bought by
Taylor'S Landing Townhomes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 2016
Sold by
Taylors Landing Townhomes
Bought by
Stout Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2016
Sold by
Taylors Landing Townhomes
Bought by
Stout Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 17, 2016
Sold by
Taylor'S Landing Townhomes
Bought by
Sanner Gary T Trustee

Purchase Details

Listed on
Jan 26, 2016
Closed on
Mar 7, 2016
Sold by
Taylor'S Landing Townhomes
Bought by
Dadosky Michael J
Seller's Agent
Pamela Wilson
CENTURY 21 Realty Group, LLC
Buyer's Agent
Pamela Wilson
CENTURY 21 Realty Group, LLC
Sold Price
$162,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%

Purchase Details

Closed on
Dec 10, 2013
Sold by
Taylors Landing Townhomes
Bought by
Mountain Wood Products Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 2013
Bought by
Taylor'S Landing Townhomes Llc

Purchase Details

Closed on
Aug 8, 2006
Bought by
J & V Development Inc A Georgia Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.67%

Purchase Details

Closed on
May 2, 1988
Bought by
Keahey Earl W

Purchase Details

Closed on
Jun 30, 1986
Bought by
Estes Thomas and Estes Nancy

Purchase Details

Closed on
Sep 26, 1972
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $360,000 Encore Title
Warranty Deed $359,000 Unity Title And Escrow Llc
Warranty Deed $171,000 Crossland Title
Warranty Deed $143,100 None Available
Deed $166,500 None Available
Warranty Deed $200,000 None Available
Trustee Deed -- --
Trustee Deed $125,100 None Available
Warranty Deed $166,300 --
Warranty Deed $155,000 --
Warranty Deed $145,000 --
Warranty Deed $145,000 --
Quit Claim Deed -- --
Warranty Deed $145,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $145,000 --
Warranty Deed $143,000 --
Warranty Deed $220,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $560,000 --
Warranty Deed $112,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $136,800 New Conventional
Previous Owner $133,200 Adjustable Rate Mortgage/ARM
Previous Owner $125,000 Commercial
Previous Owner $100,000 Commercial
Previous Owner $116,000 Commercial
Previous Owner $160,000 Commercial
Previous Owner $178,695 Commercial
Previous Owner $1,980,000 Commercial
Previous Owner $1,577,550 Commercial
Previous Owner $560,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Sold $435,000 -3.3% $259 / Sq Ft
06/03/2025 06/03/25 Price Changed $450,000 -2.2% $268 / Sq Ft
05/14/2025 05/14/25 For Sale $460,000 +114.0% $274 / Sq Ft
01/25/2019 01/25/19 Sold $215,000 +32.3% $128 / Sq Ft
02/04/2016 02/04/16 Sold $162,500 -- $97 / 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 -- $0 $0 $0
2023 -- $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2885802

Realtracs

APN: 037B-B-002.00