NOT LISTED FOR SALE

1356 Lakewood Village Rd Spring City, TN 37381

Estimated Value: $824,000 - $921,000

3 Beds
3 Baths
3,017 Sq Ft
$287/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $650,000 $215 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,906/month

Highlights

  • Lake Front
  • Dock Permitted
  • Traditional Architecture
  • Deck
  • Radiant Floor
  • 1 Fireplace

About This Home

As of May 2021

WATTS BAR YEAR ROUND WATERFRONT WITH BEAUTIFUL VIEWS FROM NEARLY EVERY ROOM!! Enjoy Lakefront living in this very well maintained home in the Lakewood Village Community. Entering the front door you will be amazed at the open living and kitchen area that immediately looks out to the lake and mountains with a NEW large deck for entertaining friends and family. The updated kitchen includes a large number of cabinets and drawers for storage, solid surface counter tops with a wet bar, refrigerator, range/oven, dishwasher and a bedroom/office with attractive french doors. Step down from the kitchen into a den area with a cozy brick gas log fireplace that leads to one of the large master suites with a wall of windows to start your day with a lovely lake view. The master bath is a place to relax and soak in the jetted tub while enjoying the park-like setting or step out of the tile shower on to the heated tile floor. There is a large laundry/full bath combo and a utility room for extra storage. The upper level also has a private master suite perfect for guests with a library/sitting area and a separate full bath. The basement has a workshop for all the tools and a single garage door for the lawn mowers and water toys. A few steps away leads to the covered boat dock with electric lift and a view that never gets old. A detached 2 car garage provides privacy from the neighbor along with beautiful plants and flowering shrubs. Bonus features include a 22KW whole house natural gas generator, new carpet in the master bedroom suite, new hot water heater. There are 2 heating/ac units (1natural gas furnace and a new heat pump with AC). This house is move in ready. Call for your private tour today! BACK UP OFFERS ARE WELCOMED!!

Last Agent to Sell the Property

Susan Crockett

Blue Key Properties License #278525 Listed on: 04/19/2021

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,208

Year Built

  • Built in 1975

Lot Details

  • 0.55 Acre Lot
  • Lake Front

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,017 Sq Ft Home
  • 1 Fireplace
  • Insulated Windows
  • Fire and Smoke Detector
  • Dishwasher
  • Partially Finished Basement

Flooring

  • Carpet
  • Radiant Floor
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • Detached Garage
  • Basement Garage
  • Garage Door Opener

Outdoor Features

  • Dock Permitted
  • Deck
  • Covered Patio or Porch

Schools

  • Spring City Middle School
  • Rhea County High School

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System

Community Details

  • Lakewood Village Unit 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038B A 008.00 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,208

Year Built

Built in 1975

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Directions: from office in Spring City-Hwy 27N to right on E Jackson Ave-left on Toestring Valley Road-follow around to sharp right turn on Ware Farms Road-right on Lakewood Village Road to property on right. NO SIGN!
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1975
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.55
  • Subdivision Name: Lakewood Village Unit 1
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Refrigerator
  • Has Basement: Partially Finished
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Flooring: Laminate, Carpet, Radiant Floors, Vinyl, Tile

Exterior Features

  • Exterior Features: Windows - Insulated, Patio, Porch - Covered, Deck
  • Lot Features: Lakefront, Current Dock Permit on File
  • Construction Type: Vinyl Siding, Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage Door Opener, Basement, Detached

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 23958.0
  • Parcel #: 038B A 008.00 000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
May 21, 2021
Sold by
Post James and Post Karen D
Bought by
Lightner Earle H and Lightner Donna C
Seller's Agent
Susan Crockett
Blue Key Properties
Buyer's Agent
Non Member Non Member
Non-Member Office
Sold Price
$650,000
Current Estimated Value
$865,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,992
Avg. Annual Appreciation
6.15%
Original Mortgage
$548,250
Outstanding Balance
$497,452
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$341,152

Purchase Details

Closed on
Jul 7, 2003
Sold by
Cowart Billie P
Bought by
James Post

Purchase Details

Closed on
Jul 6, 1979
Bought by
Cowart Billie P
Source: Public Records

Range of Values:

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Average Value
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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
Lightner Earle H $650,000 Jr Crossland Title Inc
James Post $200,000 --
Cowart Billie P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lightner Earle H $548,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $650,000 -- $215 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $2,208 $163,700 $42,500 $121,200
2023 $2,369 $105,075 $37,500 $67,575
2022 $2,400 $106,425 $37,500 $68,925
2021 $2,347 $106,425 $37,500 $68,925
2020 $2,347 $104,100 $37,500 $66,600
2019 $2,347 $104,100 $37,500 $66,600
2018 $2,028 $92,325 $37,500 $54,825
2017 $1,845 $83,975 $37,500 $46,475
2016 $1,845 $83,975 $37,500 $46,475
2015 $1,761 $83,975 $37,500 $46,475
2014 $1,761 $83,975 $37,500 $46,475
2013 -- $83,975 $37,500 $46,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1149676

East Tennessee REALTORS® MLS

APN: 038B-A-008.00