$523,250
SOLD MAY 15, 2025

127 Terrace View Dr Spring City, TN 37381

2 Beds
2 Baths
1,508 Sq Ft
0.43 Acres

Recently Sold

$347 Per Sq Ft

5% Below List Price

5 Days on Market

Highlights

  • Marina
  • Marina View
  • Deck
  • Lake Front
  • River Access
  • Stationary Dock

About This Home

As of May 2025

NO HOA! Enjoy lakefront living on the beautiful Watts Bar Lake! This charming, fully furnished brick house which was renovated in 2023, is not only beautiful inside but has several gorgeous outside spaces including a new large composite waterside deck, a covered side porch and an open patio for pleasant dining or just enjoying the beautiful lake view. 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 and walk to Terrace View for a delicious meal. If you are an explorer, go all the way to the Gulf of Mexico or the Great Lakes!! Come inside and find a laundry room/utility closet tucked away to your right with storage and washer and dryer. To your left you will find the open kitchen with white cabinets, leathered granite tops, tile backsplash, cooktop, a very cool vintage wall oven, dishwasher, and fridge. There is room for a small table or charming coffee nook in the kitchen. Come past the kitchen and find a large and open dining room with a brick wood burning fireplace and amazing views of the lake and a comfortable den. The master bedroom has a full bath with walk-in tile shower. The second full bath is in the hallway, convenient to both guests and guest room. Home is on well water currently. County water is available nearby. Several rooms have baseboard heaters, but house has HVAC throughout so no need to use them. New in the past year, HVAC, well pump, whole house water filtration system, water heater, and more!! There is an attached 1 car garage for storage and a detached double carport to keep vehicles covered. Buyer to verify all information and measurements before making an informed offer.

Last Agent to Sell the Property

Natalie Gascay

The Source Real Estate Group License #321986 Listed on: 03/27/2025

Last Buyer's Agent

Comps Unrepresented Buyer

COMPS ONLY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,553

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • 0.43 Acre Lot
  • Lake Front
  • Home fronts navigable water
  • Property fronts a private road
  • Property fronts a county road
  • Cul-De-Sac
  • Open Lot
  • Gentle Sloping Lot
  • Private Yard
  • Back and Front Yard

Parking

  • 1 Car Attached Garage
  • 2 Carport Spaces
  • Parking Available
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Driveway
  • Off-Street Parking

Property Views

  • Marina
  • Lake
  • Skyline
  • Woods
  • Mountain

Home Design

  • Brick Exterior Construction
  • Permanent Foundation
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,508 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Woodwork
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Stone Fireplace
  • Double Pane Windows
  • Drapes & Rods
  • Blinds
  • Aluminum Window Frames
  • Window Screens
  • Sitting Room
  • Dining Room with Fireplace
  • Formal Dining Room
  • Utility Room in Garage
  • Storage
  • Vinyl Flooring

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Microwave
  • Stainless Steel Appliances
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Hall
  • Laundry on main level
  • Washer and Dryer

Home Security

  • Smart Thermostat
  • Fire and Smoke Detector

Outdoor Features

  • River Access
  • Stationary Dock
  • Deck
  • Covered patio or porch
  • Terrace
  • Fire Pit
  • Outdoor Grill
  • Rain Gutters

Schools

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

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • Central Heating and Cooling System
  • Baseboard Heating
  • Well
  • Well Pump
  • Water Heater
  • Water Purifier
  • Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Enhanced Accessible Features
  • ENERGY STAR Qualified Equipment for Heating

Listing and Financial Details

  • Assessor Parcel Number 013m A 007.00

Community Details

Overview

  • No Home Owners Association
  • Terrace View Resort Subdivision

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,553

Year Built

Built in 1967 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.43
  • Lot Size: 109.4 x 188 IRR
  • Road Frontage Type: County Road, Private Road
  • Road Surface Type: Asphalt, Gravel
  • Subdivision Name: Terrace View Resort
  • Directions: Directions: From Highway 27N from Spring City: Travel for 4 miles, Turn RIGHT Rocky Springs Rd. In 3 miles, Turn LEFT onto Toestring Valley Rd. Turn RIGHT on Euchee Chapel Rd. Turn LEFT onto Hilltop Rd. Turn LEFT Terrace View Dr. House will be on the LEFT.
  • Above Grade Finished Sq Ft: 1508.0
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 1508.0
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Dock, House
  • Year Built: 1967
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 013m A 007.00
  • Location Tax and Legal Elementary School: Spring City
  • Location Tax and Legal Middle Or Junior School2: Spring City
  • Location Tax and Legal High School: Rhea County High School
  • Location Tax and Legal:Tax Annual Amount: 1552.58
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Above Grade Finished Area: 1508.0
  • General Property Information Enhanced Accessible2: Yes
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: Yes
  • General Property Information Lot Size Acres: 0.43
  • General Property Information Lot Size Square Feet2: 18730.8
  • General Property Information Lot Size Dimensions: 109.4 x 188 IRR
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Carport Spaces2: 2.0
  • Utilities:Cable Available: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Utilities:Electricity Connected: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • General Property Information Attached Carport YN2: No
  • Utilities:Water Available: Yes
  • View:Mountain(s): Yes
  • Wall Oven: Yes
  • Laundry Features Laundry Room: Yes
  • Interior Features Separate Dining Room: Yes
  • General Property Information Stories2: 1
  • Appliances WasherDryer5: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Architectural Style Ranch: Yes
  • Interior Features Sitting Area: Yes
  • Laundry Features:Main Level: Yes
  • View:Water2: Yes
  • Flooring:Vinyl: Yes
  • Interior Features Breakfast Nook: Yes
  • Parking Features Kitchen Level2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Appliances Water Heater2: Yes
  • View TreesWoods: Yes
  • Structure Type:House: Yes
  • Road Frontage Type:Private Road: Yes
  • Road Frontage Type County Road: Yes
  • Road Surface Type Gravel2: Yes
  • Laundry Features In Hall: Yes
  • Exterior Features Dock2: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Water Source:Well: Yes
  • Foundation Details:Permanent: Yes
  • Parking Features Utility Garage: Yes
  • View:Lake2: Yes
  • View Skyline: Yes
  • Other Equipment:DC Well Pump: Yes
  • Structure Type Dock3: Yes
  • View:Marina: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Spa Features: None
  • Appliances: Wall Oven, Water Purifier, Water Heater, Washer/Dryer, Stainless Steel Appliance(s), Refrigerator, Microwave, Cooktop
  • Other Equipment: DC Well Pump
  • Accessibility Features: Other
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Dining Room, Insert, Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Vinyl
  • Interior Amenities: Breakfast Nook, Ceiling Fan(s), Natural Woodwork, Recessed Lighting, Separate Dining Room, Sitting Area, Smart Thermostat, Stone Counters, Storage, Wired for Data
  • Window Features: Aluminum Frames, Blinds, Double Pane Windows, Drapes, Screens
  • Community Features:None4: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Fireplace Features:Dining Room2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Storage2: Yes
  • Interior Features:Recessed Lighting: Yes
  • Appliances:Cooktop: Yes
  • Waterfront Features:Marina in Community: Yes
  • Interior Features:Natural Woodwork: Yes
  • Interior Features:Smart Thermostat: Yes
  • Interior Features:Stone Counters: Yes
  • Appliances:Water Purifier: Yes
  • Interior Features:Wired for Data: Yes
  • Fireplace Features:Stone3: Yes
  • Fireplace Features:Insert: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Gentle Sloping, Open Lot, Waterfront
  • Pool Features: None
  • View: Lake, Marina, Mountain(s), Skyline, Trees/Woods, Water
  • View: Yes
  • Waterfront Features: Lake, Lake Front, Marina in Community, Navigable Water, River Access
  • Waterfront: Yes
  • Disclosures: Subdivision Restrictions
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Dock, Dock - Stationary, Fire Pit, Outdoor Grill, Private Yard, Rain Gutters
  • Foundation Details: Permanent, Slab
  • Other Structures: None
  • Patio And Porch Features: Covered, Deck, Patio, Porch - Covered, Rear Porch, Side Porch, Terrace
  • Property Condition: Updated/Remodeled
  • Roof: Shingle
  • Exterior Features:Dock - Stationary: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Private Yard: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Covered: Yes
  • Lot Features:Back Yard2: Yes
  • Window Features:Aluminum Frames: Yes
  • Lot Features:Front Yard2: Yes
  • Exterior Features:Rain Gutters: Yes
  • Waterfront Features:River Access: Yes
  • Window Features:Blinds: Yes
  • Window Features:Screens: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Drapes: Yes
  • Patio and Porch Features:Side Porch: Yes
  • Exterior Features:Fire Pit: Yes
  • Exterior Features:Outdoor Grill: Yes
  • Lot Features:Open Lot: Yes
  • Lot Features:Waterfront2: Yes
  • Waterfront Features:Lake3: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Navigable Water: Yes
  • Patio And Porch Features:Terrace: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.0
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Driveway, Garage Faces Front, Kitchen Level, Off Street, Utility Garage, Other
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Driveway: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Concrete3: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, In Hall, Laundry Room, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, ENERGY STAR Qualified Equipment
  • Cooling Y N: Yes
  • Heating: Baseboard, Central, Electric, ENERGY STAR Qualified Equipment
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Connected, Phone Available, Water Available
  • Water Source: Well
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 18730.8
  • Additional Parcels: No
  • Parcel #: 013m A 007.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1552.58

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: Greater Chattanooga 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: Greater Chattanooga REALTORS®

MLS Number: 1509846

Greater Chattanooga REALTORS®

APN: 013M-A-007.00