148 Porter Ln Spring City, TN 37381
Estimated payment $4,897/month
Highlights
- 3.5 Acre Lot
- Creek On Lot
- Wood Flooring
- Private Lot
- Wooded Lot
- No HOA
About This Home
Prime Opportunity with Residential & Income Potential - 148 Porter Ln., Spring City, TN Versatility meets opportunity with this unique commercial property situated on approximately 3.5 acres in the heart of Spring City. Offering a blend of residential comfort and commercial functionality, this property is ideal for a variety of business uses, live/work setups, or investment potential. The main residence features 3 bedrooms and 2 full bathrooms, including a newly updated downstairs bath. A durable metal roof was installed in 2015, and the garage has been newly enclosed, adding additional usable space. The standout feature of this property is the impressive 50x60 fully insulated metal building, designed with efficiency and year-round usability in mind. Full insulation provides temperature control for all-season operation, improved energy efficiency, and protection for equipment, inventory, or workspace--making it ideal for automotive, workshop, or light industrial use. This structure includes a 1-bedroom, 1-bath apartment, an office space at the front, and a spacious 900 sq ft loft for additional storage or workspace. Built with 8x8 constructed poles, the building is equipped with 200 amp electrical service, a tankless natural gas water heater, central air, tiled gutters, and steel fire doors. The concrete work is built to last with 6-inch flooring and 12-inch reinforced concrete under the lift area, supporting heavy-duty operations. The property is serviced by two septic systems, offering flexibility for multiple uses, tenants, or business expansion. A peaceful creek runs along the back of the property, adding a scenic natural element to this highly functional space. Located just minutes from Spring City and the highly sought-after Watts Bar Lake, this property benefits from strong accessibility and proximity to one of East Tennessee's most popular recreational destinations. Watts Bar Lake offers over 39,000 acres of water and hundreds of miles of shoreline, attracting visitors year-round for boating, fishing, and outdoor recreation. The area provides small-town charm with convenient access to shopping, dining, and services, while being within reasonable driving distance to larger markets such as Knoxville and Chattanooga. Outdoor enthusiasts will appreciate the abundance of nearby hiking trails, marinas, campgrounds, and waterfront parks. Whether you're looking to establish a business, expand operations, or invest in a multi-use property with income potential, this property delivers the infrastructure, flexibility, and location to support your vision.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,828
Year Built
- Built in 1977
Lot Details
- 3.5 Acre Lot
- Lot Dimensions are 308 x 562
- Wood Fence
- Private Lot
- Level Lot
- Wooded Lot
Parking
- 5 Car Garage
- 2 Carport Spaces
- Parking Available
- Garage Door Opener
Home Design
- Brick Exterior Construction
- Block Foundation
- Metal Siding
Interior Spaces
- 1,500 Sq Ft Home
- Combination Kitchen and Dining Room
- Storage
- Wood Flooring
- Finished Basement
- Walk-Out Basement
Kitchen
- Eat-In Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Creek On Lot
- Covered Patio or Porch
Schools
- Rhea County High School
Utilities
- Central Heating and Cooling System
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 043 090.01
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,828 | $135,525 | $16,825 | $118,700 |
| 2024 | $1,142 | $84,675 | $16,825 | $67,850 |
| 2023 | $534 | $23,675 | $4,250 | $19,425 |
| 2022 | $534 | $23,675 | $4,250 | $19,425 |
| 2021 | $534 | $23,675 | $4,250 | $19,425 |
| 2020 | $534 | $23,675 | $4,250 | $19,425 |
| 2019 | $534 | $23,675 | $4,250 | $19,425 |
| 2018 | $501 | $22,800 | $4,600 | $18,200 |
| 2017 | $501 | $22,800 | $4,600 | $18,200 |
| 2016 | $501 | $22,800 | $4,600 | $18,200 |
| 2015 | $478 | $22,800 | $4,600 | $18,200 |
| 2014 | $478 | $22,800 | $4,600 | $18,200 |
| 2013 | -- | $22,800 | $4,600 | $18,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/15/2026 05/15/26 | For Sale | $889,900 | +223.6% | $593 / Sq Ft | |
| 03/01/2024 03/01/24 | Sold | $275,000 | -6.8% | $183 / Sq Ft | View Prior Sale |
| 02/15/2024 02/15/24 | Pending | -- | -- | -- | |
| 02/15/2024 02/15/24 | Price Changed | $295,000 | -6.3% | $196 / Sq Ft | |
| 12/15/2023 12/15/23 | Price Changed | $315,000 | -7.4% | $209 / Sq Ft | |
| 10/03/2023 10/03/23 | For Sale | $340,000 | -- | $226 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $275,000 | Crossland Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $5,000 | -- | |
| Deed | -- | -- |
Source: East Tennessee REALTORS® MLS
MLS Number: 1340960
APN: 043-090.01
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Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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