NOT LISTED FOR SALE

140 Terrace View Dr Spring City, TN 37381

Estimated Value: $639,000

2 Beds
2 Baths
2,016 Sq Ft
$317/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $600,000 $298 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,094/month

22 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Guest House
  • Lake Front
  • Marina View
  • River Access

About This Home

As of October 2023

WATTS BAR YEAR-ROUND WATERFRONT. A diamond in the rough on 2 point lots with sensational sunsets over Watts Bar Lake/Tennessee River and the scenic mountain range. This one level home offers 2 large bedrooms, 1 with a wood burning fireplace & 2 full baths. Entertain in the large living area with gorgeous, vaulted tongue & groove ceilings and a wood burning fireplace. There are 2 sunrooms, 1 to enjoy the expansive views all year long and the other has been used as a formal dining room. There is a double detached garage with an apartment/guest house that needs some work but would make a great for rental income. There is a separate storage building and a dock in place. With some TLC/updates, this would make the perfect full-time residence or vacation home. Within 1 mile of Terrace View Marina to enjoy live entertainment & restaurant. Recent improvements include a new roof on the home and garage, windows and exterior garage doors. There is an RV electric hookup. Call for your appointment to see this gem today!!

Last Agent to Sell the Property

Susan Crockett

Blue Key Properties, LLC - Spring City License #278525 Listed on: 07/07/2023

Last Buyer's Agent

A NON-MEMBER

--NON-MEMBER OFFICE-- License #308195

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,875

Year Built

  • Built in 1966

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 205x141
  • Lake Front
  • Home fronts navigable water
  • River Front
  • Property fronts a county road
  • Cul-De-Sac
  • Rural Setting
  • Level Lot
  • Cleared Lot
  • Back Yard
  • Part of lot 13

Parking

  • 2 Car Garage
  • Driveway
  • Off-Street Parking
  • RV Hookup

Property Views

  • Marina
  • River
  • Lake
  • Panoramic
  • Mountain
  • Rural

Home Design

  • Ranch Style House
  • Fixer Upper
  • Permanent Foundation
  • Block Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,016 Sq Ft Home
  • Open Floorplan
  • Living Quarters
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • River Access
  • Docks
  • Lake Privileges
  • Deck
  • Porch

Additional Homes

  • Guest House

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 12/13
  • Assessor Parcel Number 013m A 004.00

Community Details

Overview

  • No Home Owners Association
  • Terrace View Re Subdivision
  • Community Lake

Amenities

  • Restaurant

Recreation

  • Boat Dock
  • Marina
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,875

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Waterfront
  • Horses: No
  • Lot Size Acres: 0.66
  • Lot Size: 205x141
  • Road Frontage Type: County Road
  • Road Surface Type: Chip And Seal, Gravel
  • Water Body Name: Watts Bar, Tennessee
  • Subdivision Name: Terrace View Re
  • Directions: from office in Spring City-Hwy 27N to right on Rocky Springs Rd-bear left @ curve onto Toestring Valley -right @ ''Y'' onto Euchee Chapel Rd-follow around past Terrace View Marina-left on Hilltop Circle-left on Terrace View Drive to property at end. SOP
  • Above Grade Finished Sq Ft: 2016.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Structure Type: House
  • Year Built: 1966
  • General Property Information:Living Area2: 2016.0
  • Appliances Refrigerators: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Other
  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Separate Living Quarters, Walk-In Closet(s), Vaulted Ceiling(s), Open Floorplan, Natural Woodwork, Kitchen Island, High Ceilings, Bathroom Mirror(s), Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s)
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Flue, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Other, Carpet, Concrete, Laminate, Vinyl, Wood
  • Living Area: 2016.0
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Separate Living Quarters: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Bathroom Mirror(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:High Ceilings: Yes
  • Basement:Other3: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Interior Features:Vaulted Ceiling(s): Yes
  • Community Features:Dock3: Yes
  • Interior Features:Beamed Ceilings: Yes
  • Fireplace Features:Flue: Yes
  • Community Features:Fishing: Yes
  • Interior Features:Natural Woodwork: Yes
  • Community Features:Lake: Yes
  • Waterfront Features:Marina in Community: Yes
  • Community Features:Restaurant: Yes
  • Appliances:WasherDryer Stacked: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Exterior Features: See Remarks, RV Hookup, Boat Slip, Dock
  • Lot Features: Rural, Level, Cul-De-Sac, Back Yard, Cleared
  • Pool Features: None
  • View: Water, Rural, River, Panoramic, Mountain(s), Marina, Lake
  • View: Yes
  • Waterfront Features: Marina in Community, Waterfront, River Front, River Access, Navigable Water, Lake Privileges, Lake Front, Lake
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Block, Permanent, Slab
  • Other Structures: Garage(s), Guest House
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Fixer, Functional
  • Lot Features:Level: Yes
  • Waterfront Features:Lake3: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:Year-Round Water: Yes
  • Exterior Features:See Remarks23: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Rural2: Yes
  • Lot Features:Waterfront2: Yes
  • Waterfront Features:Navigable Water: Yes
  • Waterfront Features:River Access: Yes
  • Lot Features:Views: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Boat Dock: Yes
  • Waterfront Features:River Front: Yes
  • Exterior Features:Dock: Yes
  • Exterior Features:RV Hookup: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Waterfront3: Yes
  • Exterior Features:Boat Slip: Yes
  • Waterfront Features:Lake Privileges: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage, Gravel, Off Street
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Off Street: Yes
  • Other Structures:Garage(s): Yes

Utilities

  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Sewer: Septic Tank
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Water Connected, Phone Available, Cable Available, Electricity Connected
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Dock, Fishing, Lake, Restaurant
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Current Use: Vacant, Residential
  • Lot Size Sq Ft: 28749.6
  • Additional Parcels Description: part of lot 13
  • Parcel #: 013m A 004.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1875.0
  • Tax Book Number: 217
  • Tax Lot: 12/13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Oct 6, 2023
Sold by
Dunavant Sandra H
Bought by
Applegate Bruce Michael and Hargrove Stephanie Raven
Seller's Agent
Susan Crockett
Blue Key Properties, LLC - Spring City
Buyer's Agent
A NON-MEMBER
--NON-MEMBER OFFICE--
List Price
$850,000
Sold Price
$600,000
Premium/Discount to List
-$250,000
-29.41%
Views
86
Current Estimated Value
$639,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,000
Original Mortgage
$420,000
Outstanding Balance
$405,056
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 1995
Sold by
Osborne Marmie O
Bought by
Sandra Dunavant

Purchase Details

Closed on
Dec 28, 1988
Bought by
Osborne Marmie O

Purchase Details

Closed on
Jan 14, 1966
Bought by
Osborne Robert G and Osborne Marmie O
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
Applegate Bruce Michael $600,000 Admiral Title
Sandra Dunavant $169,000 --
Osborne Marmie O -- --
Osborne Robert G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Applegate Bruce Michael $420,000
Previous Owner Evans John R $244,000
Previous Owner Dunavant Sandy $120,000
Previous Owner Dunavant Sandra $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $600,000 -14.2% $298 / Sq Ft
07/24/2023 07/24/23 Price Changed $699,000 -17.8% $347 / Sq Ft
07/07/2023 07/07/23 For Sale $850,000 -- $422 / Sq Ft
Source: River Counties Association of 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 $1,875 $83,175 $51,250 $31,925
2021 $1,857 $83,175 $51,250 $31,925
2020 $1,857 $82,350 $51,250 $31,100
2019 $1,857 $82,350 $51,250 $31,100
2018 $1,717 $78,150 $51,250 $26,900
2017 $1,717 $78,150 $51,250 $26,900
2016 $1,807 $78,150 $51,250 $26,900
2015 $1,725 $82,275 $51,250 $31,025
2014 $1,725 $82,275 $51,250 $31,025
2013 -- $82,275 $51,250 $31,025
Source: Public Records

Agents Affiliated with this Home

  • Susan Crockett

    Seller's Agent in 2023

    Susan Crockett

    Blue Key Properties, LLC - Spring City

    (423) 802-7515

    294 Total Sales

    Susan Crockett
    Section Image

  • A

    Buyer's Agent in 2023

    A NON-MEMBER

    --NON-MEMBER OFFICE--

See All Agents

Map

Source: River Counties Association of REALTORS®

MLS Number: 20236183

River Counties Association of REALTORS®

APN: 013M-A-004.00

Tennessee Rhea County Spring City 37381

140 Terrace View Dr, Spring City, TN

This home is located at 140 Terrace View Dr, Spring City, TN 37381 since 07 July 2023 and is currently priced at $639,000, approximately $316 per square foot. This property was built in 1966. 140 Terrace View Dr is a home located in Rhea County with nearby schools including Rhea County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

River Counties Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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