NOT LISTED FOR SALE

1416 Stump Spring City, TN 37381

Estimated Value: $156,000 - $297,000

2 Beds
1 Bath
720 Sq Ft
$289/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $70,000 $97 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $1,132/month

6 Days on Market

Highlights

  • Water Views
  • Covered Patio or Porch
  • Ceiling Fan
  • No HOA
  • Central Heating and Cooling System
  • Carpet

About This Home

As of June 2018

Your own little piece of paradise. Single level cabin with two bedrooms and one bathroom offers large windows and hardwood flooring and a wonderful wrap around porch that is perfect for sitting and enjoying a cup of coffee while looking out over beautiful Watts Bar Lake. Far enough out to feel a little seclusion while being 15 or so minutes from down town Spring City. You can be at Eden Marina or Apollo Shores marina in less than 10 minutes from this house. Enjoy the lake life for a low price.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $351

Year Built

  • Built in 1980

Lot Details

  • 0.45

Parking

  • Gravel Driveway

Home Design

  • Metal Roof
  • Log Siding

Interior Spaces

  • 720 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Carpet
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Additional Features

  • Covered Patio or Porch
  • 0.45 Acre Lot

Community Details

  • No Home Owners Association
  • Lakeside Subd Subdivision

Listing and Financial Details

  • Tax Lot 88
  • Assessor Parcel Number 026J B 00200 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$351

Year Built

Built in 1980

Lot Details

0.45 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1980
  • Unit Levels: Three Or More
  • New Construction: No
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fireplace: No
  • Flooring: Carpet
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 720
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Log
  • Patio And Porch Features: Covered Porch
  • Pool Private: No
  • Roof: Metal
  • View: Water
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Gravel

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.45
  • Lot Size: 138.2 X 158.7 IRR
  • Lot Size Units: Acres
  • Parcel #: 026J B 00200 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 351
  • Tax Lot: 88

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2021
Sold by
Brogan Shawn M and Brogan Diana T
Bought by
Letner Brandon and Letner Leslie
Current Estimated Value
$208,199

Purchase Details

Listed on
Mar 22, 2018
Closed on
Jun 8, 2018
Sold by
Shirley Deborah
Bought by
Brogan Shawn M and Brogan Diana T
List Price
$65,000
Sold Price
$70,000
Premium/Discount to List
$5,000
7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.02%
Original Mortgage
$56,700
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Jul 12, 2012
Sold by
Jpmorgan Chase Bank Nation
Bought by
Shirley Deborah

Purchase Details

Closed on
Feb 21, 2012
Sold by
Snyder Heather N
Bought by
Jpmorgan Chase Bank National A

Purchase Details

Closed on
Feb 5, 2007
Bought by
Synder Heather N

Purchase Details

Closed on
Jun 26, 1998
Sold by
Shultz George D
Bought by
Ronald Frazier

Purchase Details

Closed on
Apr 20, 1992
Bought by
Shultz George D and Shultz Barbara J

Purchase Details

Closed on
Oct 27, 1980
Bought by
Johnson Mark S

Purchase Details

Closed on
Sep 19, 1978
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Letner Brandon $117,500 Radiant Title Llc
Brogan Shawn M $70,000 Title Insurance Company
Shirley Deborah $20,000 --
Jpmorgan Chase Bank National A $24,650 --
Synder Heather N $50,000 --
Ronald Frazier $30,000 --
Shultz George D $27,400 --
Johnson Mark S -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brogan Shawn M $56,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2018 06/08/18 Sold $70,000 +7.7% $97 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $65,000 -- $90 / Sq Ft
Source: Realtracs

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
2025 $446 $33,100 $4,500 $28,600
2024 $446 $33,100 $4,500 $28,600
2023 $412 $18,250 $3,850 $14,400
2022 $412 $18,250 $3,850 $14,400
2021 $412 $18,250 $3,850 $14,400
2020 $412 $18,250 $3,850 $14,400
2019 $412 $18,250 $3,850 $14,400
2018 $351 $16,000 $3,850 $12,150
2017 $351 $16,000 $3,850 $12,150
2016 $414 $16,000 $3,850 $12,150
2015 $395 $18,850 $3,850 $15,000
2014 $395 $18,850 $3,850 $15,000
2013 -- $18,850 $3,850 $15,000
Source: Public Records

Map

Source: Realtracs

MLS Number: 2738509

Realtracs

APN: 026J-B-002.00

Tennessee Rhea County Spring City 37381

1416 Stump, Spring City, TN

Not Listed for Sale

Detached

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.

Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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