NOT LISTED FOR SALE

127 Chastain Reed Ln Spring City, TN 37381

Estimated Value: $364,000 - $637,000

4 Beds
2 Baths
2,647 Sq Ft
$171/Sq Ft Est. Value

Last Sold June 21, 2018

Last sale price $185,000 $70 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $2,500/month

9 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Covered Deck
  • No HOA
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of June 2018

Seller has installed a new 3D architectural shingles with a lifetime warranty. Don't miss out on this spacious country home featuring 4 bedrooms and a bonus room. Large front porch to enjoy morning coffee and outdoor patio with pergola to enjoy evening dinners and cookouts. Other features include a chicken coop, raised double dug organic garden beds, three types of blackberries, young fig and paw-paw trees. Seller has updated the vinyl siding, installed a gas stove, and new fridge. Checkout our 3D virtual tour and call for showing appointment today!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $750

Year Built

  • Built in 1990

Lot Details

  • 0.78 Acre Lot
  • Lot Dimensions are 184' x 152'

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,647 Sq Ft Home
  • Property has 3 Levels
  • Central Vacuum
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Living Room with Fireplace
  • Crawl Space
  • Fire and Smoke Detector
  • Dishwasher
  • Property Views

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Heating System Uses Natural Gas
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 042 02802 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$750

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1990
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Central Vacuum, Open Floorplan, Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Refrigerator, Dishwasher
  • Fireplace Features: Living Room, Gas
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 2647
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Stone, Vinyl Siding
  • Patio And Porch Features: Covered Deck, Covered Patio
  • Pool Private: No
  • Roof: Other
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Water Source: Well
  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Corner Lot, Other
  • Lot Size Acres: 0.78
  • Lot Size: 184' X 152'
  • Lot Size Units: Acres
  • Parcel #: 042 02802 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 750

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

Listed on
May 22, 2018
Closed on
Jun 20, 2018
Sold by
Bontrager Charlene and Armstrong Charlene
Bought by
Runge William and Runge Marlene
List Price
$187,000
Sold Price
$185,000
Premium/Discount to List
-$2,000
-1.07%
Current Estimated Value
$451,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,428
Avg. Annual Appreciation
12.96%
Original Mortgage
$138,750
Outstanding Balance
$120,264
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$331,164

Purchase Details

Closed on
Nov 15, 2007
Bought by
Charlene Armstrong

Purchase Details

Closed on
Aug 1, 2005
Bought by
Chastain Talma

Purchase Details

Closed on
May 14, 1985
Bought by
Chastain Kirby G and Chastain Talma J

Purchase Details

Closed on
May 10, 1985

Purchase Details

Closed on
Nov 15, 1980

Purchase Details

Closed on
Jan 4, 1900
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Runge William $185,000 None Available
Charlene Armstrong $137,900 --
Chastain Talma -- --
Chastain Kirby G -- --
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Runge William $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2018 06/21/18 Sold $185,000 -1.1% $70 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $187,000 -- $71 / 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 $1,278 $94,775 $2,125 $92,650
2023 $1,151 $51,025 $1,750 $49,275
2022 $1,091 $48,375 $1,750 $46,625
2021 $1,091 $48,375 $1,750 $46,625
2020 $1,091 $48,375 $1,750 $46,625
2019 $1,091 $48,375 $1,750 $46,625
2018 $772 $35,125 $1,675 $33,450
2017 $750 $34,125 $1,675 $32,450
2016 $750 $34,125 $1,675 $32,450
2015 $715 $34,125 $1,675 $32,450
2014 $715 $34,125 $1,675 $32,450
2013 -- $34,125 $1,675 $32,450
Source: Public Records

Map

Source: Realtracs

MLS Number: 2326312

Realtracs

APN: 042-028.02