1267 New Lake Rd Spring City, TN 37381
Estimated Value: $550,000 - $627,000
Highlights
- Lake Front
- No HOA
- 1 Car Attached Garage
- Deck
- Porch
- Cooling Available
About This Home
As of February 2024We are offering for the first time this Beautiful Waterfront Home on 2.5 acres bordering Watts Bar Lake. This home is a gorgeous Tennessee Crab Orchard Stone structure with a wealth of character both inside and out. The property has a large level backyard which allows easy access to the lake. The entrance features an oversized living room with a stone gas fireplace and large windows that introduce natural light and lake views. The kitchen is appointed with ample custom walnut cabinets with pullout shelving and a breakfast area where morning coffee can be enjoyed. The dining room area has a built-in china cabinet and allows access to the spacious covered porch for entertaining family and friends. All bedrooms are located on the main level with large closet spaces accented by beautiful original hardwood flooring. The basement includes a family room, kitchen, full bathroom, garage and shop area as well as a private entrance and a large patio.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,066
Year Built
- Built in 1954
Lot Details
- 1 Acre Lot
- Lake Front
- Level Lot
Parking
- 1 Car Attached Garage
- 1 Carport Space
- Driveway
Home Design
- Shingle Roof
- Stone Siding
Interior Spaces
- 2,609 Sq Ft Home
- Property has 3 Levels
- Ceiling Fan
- Gas Fireplace
- Lake Views
Kitchen
- Microwave
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deck
- Patio
- Porch
Schools
- Spring City Elementary School
- Spring City Middle School
- Rhea County High School
Utilities
- Cooling Available
- Central Heating
- Heating System Uses Natural Gas
- High Speed Internet
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 037B B 00100 000
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Andreini Angelo Louis | $510,000 | Unity Title | |
| Caruthers Caruthers C | -- | -- |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/16/2024 02/16/24 | Sold | $510,000 | -21.5% | $195 / Sq Ft |
| 12/20/2023 12/20/23 | Pending | -- | -- | -- |
| 09/15/2023 09/15/23 | For Sale | $649,900 | -- | $249 / Sq Ft |
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 | -- | $121,950 | $50,000 | $71,950 |
| 2023 | $3,106 | $81,200 | $50,000 | $31,200 |
| 2022 | $3,065 | $81,200 | $50,000 | $31,200 |
| 2021 | $3,008 | $81,200 | $50,000 | $31,200 |
| 2020 | $2,732 | $81,200 | $50,000 | $31,200 |
| 2019 | $2,732 | $81,200 | $50,000 | $31,200 |
| 2018 | $2,686 | $81,225 | $56,250 | $24,975 |
| 2017 | $2,515 | $81,225 | $56,250 | $24,975 |
| 2016 | $2,515 | $79,675 | $56,250 | $23,425 |
| 2015 | $2,435 | $79,675 | $56,250 | $23,425 |
| 2014 | $1,670 | $79,675 | $56,250 | $23,425 |
| 2013 | -- | $79,675 | $56,250 | $23,425 |
Map
Source: Realtracs
MLS Number: 2955474
APN: 037B-B-001.00
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