$350,000
SOLD DEC 31, 2021

127 Terrace View Dr Spring City, TN 37381

2 Beds
2 Baths
1,508 Sq Ft
0.47 Acres

Recently Sold

$232 Per Sq Ft

3% Below List Price

16 Days on Market

Highlights

  • Lake Front
  • Wooded Lot
  • Covered patio or porch
  • Private Lot
  • No HOA
  • Cul-De-Sac

About This Home

As of May 2025

Create the perfect lake home for your family to enjoy for a lifetime! This all brick ranch, partially furnished home offers 2 nicely sized bedrooms and 2 full baths on gently sloping land, where you can enjoy beautiful sunsets while sitting by a bonfire or having an evening gathering. If offers a 2-car carport, a garden garage, and a covered patio. There is plenty of storage inside, and a possibility of creating a 3rd bedroom. The kitchen has the original stainless steel appliances (we think they all still work), which give it that classic styling when trying to creating that retro modern look. The home has great bones and is ready for you to make it your own. With some cosmetic upgrades, this could be a great buy on a lake home. Staining on ceiling appears to be old, and does not indicate any current leak. Home has central cooling and baseboard heat. This home is walking distance to Terrace View Marina, which could be a great place to keep your boat, while building a new dock. Dock permit is on file. Make this opportunity your legacy to generations to come!

Last Agent to Sell the Property

Carol Movre

Blue Key Properties, LLC - Spring City Listed on: 11/11/2021

Last Buyer's Agent

A NON-MEMBER

--NON-MEMBER OFFICE-- License #308195

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,517

Year Built

  • Built in 1967

Lot Details

  • 0.47 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Private Lot
  • Wooded Lot

Parking

  • 1 Car Attached Garage
  • 2 Carport Spaces
  • Driveway

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,508 Sq Ft Home
  • Wood Burning Fireplace
  • Window Treatments
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Central Air
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Terrace View Re Subdivision

Listing and Financial Details

  • Tax Lot #10
  • Assessor Parcel Number 013M A 007.00 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,517

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Lot Size: 109.4x188 IRR
  • Water Body Name: Watts Bar, Tennessee
  • Subdivision Name: Terrace View Re
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Year Built: 1967
  • General Property Information:Living Area2: 1508.0
  • Appliances Microwave: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven
  • Interior Amenities: Eat-in Kitchen
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Living Area: 1508.0
  • Window Features: Window Coverings
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Oven: Yes
  • Interior Features:Eat-in Kitchen: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Mailbox, Wooded, Cul-De-Sac
  • View: Water
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Brick
  • Patio And Porch Features: Covered, Patio, Porch
  • Waterfront Features:Lake3: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Private: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:Window Coverings: Yes
  • Lot Features:Year-Round Water: Yes
  • Lot Features:Waterfront2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.0
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Driveway
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Concrete3: Yes

Utilities

  • Heating: Baseboard
  • Cooling: Central Air, Electric
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well
  • Heating:Baseboard: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 20473.2
  • Parcel #: 013M A 007.00 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1516.92
  • Tax Book Number: 221
  • Tax Lot: #10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Aug 18, 2023
Sold by
Barnes Margaret L
Bought by
Stone Sherman Paul and Stone Dana Diane
Seller's Agent
Tina Isham
Isham Jones Realty
List Price
$515,000
Sold Price
$450,000
Premium/Discount to List
-$65,000
-12.62%
Views
298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,425
Outstanding Balance
$331,682
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2021
Closed on
Dec 31, 2021
Sold by
Egan Lawrence J
Bought by
Barnes Margaret L
Seller's Agent
Carol Movre
Blue Key Properties
Buyer's Agent
Tina Isham Jones
First Realty Company
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.67%
Original Mortgage
$314,650
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 1989
Bought by
Egan Lawrence M and Egan Nora M

Purchase Details

Closed on
Nov 5, 1986
Bought by
Bach Roy and Bach Golden

Purchase Details

Closed on
Jul 21, 1986

Purchase Details

Closed on
Jul 8, 1966
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
Warranty Deed $450,000 None Listed On Document
Warranty Deed $350,000 Cantrell Christopher
Warranty Deed $86,500 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $337,425 New Conventional
Previous Owner $314,650 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $523,250 -4.9% $347 / Sq Ft
04/01/2025 04/01/25 Pending -- -- --
03/27/2025 03/27/25 For Sale $550,000 +22.2% $365 / Sq Ft
08/18/2023 08/18/23 Sold $450,000 -12.6% $298 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $515,000 +47.1% $342 / Sq Ft
12/31/2021 12/31/21 Sold $350,000 0.0% $232 / Sq Ft
12/31/2021 12/31/21 Sold $350,000 -2.5% $232 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $359,000 -- $238 / Sq Ft
Source: River Counties Association of 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
2022 $1,833 $67,275 $37,500 $29,775
2021 $1,517 $67,275 $37,500 $29,775
2020 $1,517 $67,275 $37,500 $29,775
2019 $1,517 $67,275 $37,500 $29,775
2018 $1,392 $63,375 $38,750 $24,625
2017 $1,392 $63,375 $38,750 $24,625
2016 $1,393 $63,375 $38,750 $24,625
2015 $1,330 $63,425 $38,750 $24,675
2014 $1,330 $63,425 $38,750 $24,675
2013 -- $63,425 $38,750 $24,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: River Counties Association of REALTORS®

MLS Number: 20216643

River Counties Association of REALTORS®

APN: 013M-A-007.00