NOT LISTED FOR SALE

1344 Lakewood Village Rd Spring City, TN 37381

Estimated Value: $489,000 - $645,000

3 Beds
2 Baths
1,890 Sq Ft
$295/Sq Ft Est. Value

Last Sold July 19, 2018

Last sale price $275,000 $146 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,181/month

22 Days on Market

Highlights

  • Lake On Lot
  • Deck
  • Screened Porch
  • Waterfront
  • Stationary Dock
  • Breakfast Area or Nook

About This Home

As of July 2018

REDUCED!! Picturesque Views of Watts Bar Lake from this lakefront property with deep year-round water. This three bedrooms, 2 bath home is ready for you to make it your own. The home features include intricate landscaping, a basement workshop, easy walk to the water, boat dock, screened in porch, sundeck, two kitchens, a hot tub and a new roof that was replaced in 2017. Come see this beautiful & serene place that you will want to call home.

Last Agent to Sell the Property

Gary Venice

Blue Key Properties Listed on: 05/21/2018

Last Buyer's Agent

Comps Only

COMPS ONLY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,383

Year Built

  • Built in 1975

Lot Details

  • 0.45 Acre Lot
  • Waterfront
  • Rural Setting
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • Attached Carport

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,890 Sq Ft Home
  • 1-Story Property
  • Aluminum Window Frames
  • Screened Porch
  • Water Views
  • Finished Basement
  • Partial Basement
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Free-Standing Electric Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Stationary Dock
  • Lake On Lot
  • Deck
  • Patio
  • Outbuilding

Schools

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

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Heating System Uses Propane
  • Underground Utilities
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Lakewood Village Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 038b A 007.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,383

Year Built

Built in 1975

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Lot Size: 95.8 X 198 IRR
  • Subdivision Name: Lakewood Village
  • Directions: from office in Spring City-Hwy 27N to right on E Jackson Ave-left on Toestring Valley -follow around to sharp right on Ware Farms Rd-right on Lakewood Village Road to property on right. SOP
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1890.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1975
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 038b 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: 1382.76
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: Yes
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: Yes
  • General Property Information Lot Size Acres: 0.45
  • General Property Information Lot Size Square Feet2: 19602.0
  • General Property Information Lot Size Dimensions: 95.8 X 198 IRR
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities:Cable Available: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Flooring:Carpet: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • General Property Information Attached Carport YN2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Cooling:Window Unit(s): Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Interior Features Split Bedrooms2: Yes
  • View:Water2: Yes
  • Flooring:Vinyl: Yes
  • Interior Features Breakfast Nook: Yes
  • Lot Features Rural: Yes
  • Other Structures:Out Building: Yes
  • Heating Propane3: Yes
  • Water Source:Well: Yes
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Free-Standing Electric Range, Electric Water Heater, Dryer
  • Has Basement: Finished, Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Breakfast Nook, Eat-in Kitchen, Primary Downstairs, Split Bedrooms
  • Window Features: Aluminum Frames
  • Basement:Partial: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Lot Features: Lake On Lot, Level, Rural, Sloped, Other
  • View: Water
  • View: Yes
  • Waterfront: Yes
  • Home Warranty: Yes
  • Construction Type: Other
  • Exterior Features: Dock - Stationary
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Porch - Covered, Porch - Screened
  • Roof: Shingle
  • Exterior Features:Dock - Stationary: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered: Yes
  • Lot Features:Sloped: Yes
  • Window Features:Aluminum Frames: Yes
  • Lot Features:Lake On Lot: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Underground Utilities
  • Water Source: Public, Well
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 50.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Size Sq Ft: 19602.0
  • Additional Parcels: No
  • Parcel #: 038b A 007.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1382.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2021
Sold by
Ortwen Matthew D and Ortwen Patricia E
Bought by
Ortwein Family Trust
Current Estimated Value
$557,330

Purchase Details

Listed on
May 21, 2018
Closed on
Jul 12, 2018
Sold by
Kuehn Lyle M and Kuehn Lotus J
Bought by
Ortwein Patricia E and Ortwein Matthew D
Seller's Agent
Gary Venice
Blue Key Properties
Buyer's Agent
Comps Only
COMPS ONLY
List Price
$288,000
Sold Price
$275,000
Premium/Discount to List
-$13,000
-4.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.71%
Original Mortgage
$247,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2013
Sold by
Kuehn Lyle M
Bought by
Kuehn Lyle M and Kuehn Lotus J

Purchase Details

Closed on
Aug 6, 1982
Bought by
Kuehn Lyle M and Kuehn Lotus J

Purchase Details

Closed on
Jan 1, 1982

Purchase Details

Closed on
Jul 31, 1962
Source: Public Records

Range of Values:

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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
Ortwein Family Trust -- None Available
Ortwein Patricia E $275,000 Crossland Title Inc
Kuehn Lyle M -- --
Kuehn Lyle M -- --
-- $12,300 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortwein Family Trust $65,000
Open Ortwein Matthew D $332,000
Closed Ortwein Patricia Ellen $325,000
Closed Ortwein Patricia E $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2018 07/19/18 Sold $275,000 -4.5% $146 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $288,000 -- $152 / 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 $1,681 $124,625 $45,000 $79,625
2023 $1,755 $77,850 $40,000 $37,850
2022 $1,565 $69,425 $40,000 $29,425
2021 $1,565 $69,425 $40,000 $29,425
2020 $1,565 $69,425 $40,000 $29,425
2019 $1,565 $69,425 $40,000 $29,425
2018 $1,381 $62,850 $36,250 $26,600
2017 $1,383 $62,950 $36,250 $26,700
2016 $1,383 $62,950 $36,250 $26,700
2015 $1,320 $62,950 $36,250 $26,700
2014 $1,320 $62,950 $36,250 $26,700
2013 -- $62,950 $36,250 $26,700
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Gary Venice

    Blue Key Properties

  • C

    Buyer's Agent in 2018

    Comps Only

    COMPS ONLY

See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1281783

Greater Chattanooga REALTORS®

APN: 038B-A-007.00

Tennessee Rhea County Spring City 37381

1344 Lakewood Village Rd, Spring City, TN

This home is located at 1344 Lakewood Village Rd, Spring City, TN 37381 since 21 May 2018 and is currently estimated at $557,330, approximately $294 per square foot. This property was built in 1975. 1344 Lakewood Village Rd is a home located in Rhea County with nearby schools including Rhea County High School.

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