$260,000
SOLD AUG 28, 2025

1340 Crosby Ln Spring City, TN 37381

3 Beds
-- Bath
2,384 Sq Ft
7.39 Acres

Recently Sold

$109 Per Sq Ft

4% Above List Price

13 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-Story Property

About This Home

As of August 2025

Completely updated ranch on 7.38 acres in Spring City! This 3-bed, 2-bath home features new flooring throughout, a fully renovated kitchen with new appliances and stylish gray and white countertops, plus new windows and a brand-new roof. Enjoy peaceful country living with a spacious layout, barn, multiple outbuildings, open meadow, and generous road frontage. Room to roam, relax, or create your ideal homestead—don't miss this incredible opportunity!

Last Agent to Sell the Property

DANIEL DEMERS

Sell Your Home Services, LLC License #358681 Listed on: 07/22/2025

Last Buyer's Agent

Comps Non Member Licensee

COMPS ONLY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $539

Year Built

  • Built in 1970

Lot Details

  • 7.39 Acre Lot
  • Lot Dimensions are 829x495x100x11x361x172x303x326

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3 Bedrooms
  • 2,384 Sq Ft Home
  • 1-Story Property

Kitchen

  • Built-In Electric Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 050 006.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$539

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 7.39
  • Lot Size: 829x495x100x11x361x172x303x326
  • Subdivision Name: Metes & Bounds
  • Directions: From Highway 27, take Highway 68 toward Spring City and Watts Bar. Exit right onto Old Dixie Highway and continue for approximately two miles. Turn left onto Crosby Lane and drive about half a mile. The property will be on your left.
  • Above Grade Finished Sq Ft: 2384.0
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Living Area: 2384.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1970
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 050 006.00
  • 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: 539.44
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Above Grade Finished Area: 2384.0
  • General Property Information Enhanced Accessible2: No
  • 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: No
  • General Property Information Lot Size Acres: 7.39
  • General Property Information Lot Size Square Feet2: 321908.4
  • General Property Information Lot Size Dimensions: 829x495x100x11x361x172x303x326
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Information Stories2: 1
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Dryer, Dishwasher, Built-In Electric Range
  • Basement YN: No
  • Total Bedrooms: 3
  • Fireplace: No
  • Appliances Dishwasher: Yes
  • Appliances:Built-In Electric Range: Yes

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Exterior Features: Other
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • 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: 321908.4
  • Additional Parcels: No
  • Parcel #: 050 006.00

Tax Info

  • Tax Annual Amount: 539.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2017
Closed on
Oct 25, 2018
Sold by
Margotta Daniel
Bought by
Shirk Tony J
List Price
$150,000
Sold Price
$150,500
Premium/Discount to List
$500
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$147,773
Outstanding Balance
$131,339
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$114,589

Purchase Details

Listed on
Apr 24, 2015
Closed on
Sep 15, 2015
Sold by
Peters Eloise
Bought by
Margotta Daniel
Seller's Agent
Teresa Congioloso
Coldwell Banker Pryor Realty
Buyer's Agent
Teresa Congioloso
Coldwell Banker Pryor Realty
List Price
$160,000
Sold Price
$90,000
Premium/Discount to List
-$70,000
-43.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.98%
Original Mortgage
$90,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2004
Bought by
Peters Richard and Peters Eloise

Purchase Details

Closed on
Jun 8, 2004
Bought by
Peters Richard and Peters Eloise

Purchase Details

Closed on
Apr 12, 1978
Bought by
Peters Virgil R and Peters Florene L

Purchase Details

Closed on
Oct 29, 1973
Source: Public Records

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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 $150,500 Title Insurance Company
Warranty Deed $90,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,682 FHA
Open $147,773 FHA
Previous Owner $90,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Sold $260,000 +4.0% $109 / Sq Ft
08/04/2025 08/04/25 Pending -- -- --
07/22/2025 07/22/25 For Sale $249,990 +66.1% $105 / Sq Ft
10/25/2018 10/25/18 Sold $150,500 +0.3% $89 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
06/20/2017 06/20/17 For Sale $150,000 +66.7% $89 / Sq Ft
09/15/2015 09/15/15 Sold $90,000 -43.8% $42 / Sq Ft
07/27/2015 07/27/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $160,000 -- $75 / 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
2024 $539 $40,000 $16,275 $23,725
2023 $320 $14,200 $12,500 $1,700
2022 $795 $35,275 $12,500 $22,775
2021 $795 $35,275 $12,500 $22,775
2020 $789 $35,275 $12,500 $22,775
2019 $789 $35,000 $12,500 $22,500
2018 $687 $31,275 $12,500 $18,775
2017 $861 $39,200 $12,500 $26,700
2016 $711 $39,200 $12,500 $26,700
2015 $642 $32,375 $12,525 $19,850
2014 $642 $30,625 $12,525 $18,100
2013 -- $30,625 $12,525 $18,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1517184

Greater Chattanooga REALTORS®

APN: 050-006.00