$450,000
SOLD AUG 18, 2023

127 Terrace View Dr Spring City, TN 37381

2 Beds
2 Baths
1,508 Sq Ft
0.43 Acres

Recently Sold

$298 Per Sq Ft

13% Below List Price

190 Days on Market

Highlights

  • Lake Front
  • 1 Fireplace
  • Cooling Available
  • Traditional Architecture
  • 1 Car Attached Garage
  • Patio

About This Home

As of May 2025

NEWLY REMODELED, NEW ROOF IN APRIL, NEW HVAC IN JUNE, LAKEFRONT ON WATTS BAR WITH NO HOA!! Enjoy lakefront living on the beautiful TN River with water year round in this newly remodeled full brick house with a dock, walking distance to Terrace View Marina!! Inside, the kitchen has white cabinets with leathered granite tops, tile backsplash, cooktop, wall oven, dishwasher, and fridge! The oversized living room has a brick wood burning fireplace with amazing views of the lake! The master bedroom has a full bath with walk-in tile shower. More updates are NEW: paint, light fixtures, waterproof LVP flooring, tongue & groove ceilings, sinks, faucets, trim, well pump, whole house water filtration system, water heater, blinds, and more!! Great spaces for entertaining with the covered & uncovered patios. See supplement for more info.. There is an attached 1 car garage and a detached double carport for good storage! This lot has 150' of water frontage with an easy walk to the lake. NOTHING STEEP HERE!! Take a short boat ride for dinner at 7 local restaurants or go all the way to the Gulf of Mexico or the Great Lakes!! This home can be purchased fully furnished with an acceptable offer! Call today for a showing on this beautifully remodeled waterfront home!! * Buyer to verify all information and measurements before making an informed offer *

Last Agent to Sell the Property

Tina Isham

Isham Jones Realty Brokerage Phone: 9312006493 License #322634 Listed on: 01/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,517

Year Built

  • Built in 1967

Lot Details

  • 0.43 Acre Lot
  • Lake Front
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,508 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Vinyl Flooring
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Rhea County High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Terrace View Resort Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 013 00700 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,517

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1967
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • Attribution Contact: 9312006493
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Vinyl
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 1508
  • Building Area Units: Square Feet
  • Living Area: 1508
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Frame, Other, Brick
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Other, Cul-De-Sac, Level
  • Lot Size Acres: 0.43
  • Lot Size: 109.4x188 IRR
  • Lot Size Units: Acres
  • Parcel #: 013 00700 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1517
  • Tax Lot: 10

MLS Schools

  • High School: Rhea County High School

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%
Total Days on Market
190
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: 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
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: Realtracs

MLS Number: 2930635

Realtracs

APN: 013M-A-007.00