NOT LISTED FOR SALE

1543 Lake Forest Dr Spring City, TN 37381

Spring City Area

Estimated Value: $715,174

3 Beds
2.5 Baths
2,410 Sq Ft
$297/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2019

Last sale price $323,500 $134 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $3,965 / mo

Highlights

  • Docks
  • Wooded Lot
  • Walk-In Closet
  • Deck
  • No HOA
  • Home Security System

About This Home

As of September 2019

First Time On The Market....Enjoy the soothing sounds of the lake while you relax on the deck of this waterfront home. We are offering a three bedroom two and half bathrooms with vaulted ceilings in the living room. You will love the kitchen the minute you walk in with the solid counter tops and beautiful cabinets with pull our shelving. Nestled in the woods with a comfortable walk to the private dock where you will find the most beautiful open views of Watts Bar Lake. The dock has year around water and TVA permit on file. Call today for a private showing anytime.

Last Buyer's Agent

Daniel Burnside

Lake Homes Realty, LLC

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,875

Year Built

  • Built in 1987

Lot Details

  • 1.17 Acre Lot
  • Wooded Lot

Parking

  • Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 2,410 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Gas Fireplace

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Docks
  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lake Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038O A 00500 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,875

Year Built

Built in 1987

Lot Details

1.17 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1987
  • Unit Levels: Three Or More
  • New Construction: No
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Fireplace Features: Gas
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area: 2410.0
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Dock
  • Construction Type: Other
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Shingle
  • Topography: Wooded
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Natural Gas, Central
  • Heating Yn: Yes
  • Security: Security System, Smoke Detector(s)
  • Utilities: Electricity Available, Natural Gas Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Wooded
  • Lot Size Acres: 1.170
  • Lot Size: 56.58 X 304.34 IRR
  • Lot Size Units: Acres
  • Parcel #: 038O A 00500 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1875

MLS Schools

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

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2021
Sold by
Sparks Ronald Leslie and Garrett Margaret Mabel
Bought by
Current Estimated Value
$715,174

Purchase Details

Closed on
Jul 16, 2021
Sold by
Jones Harry
Bought by
Sparks Ronald and Garrett Margaret M

Purchase Details

Listed on
Aug 7, 2026
Closed on
Sep 26, 2019
Sold by
Lenz Elizabeth A and Livings Carolyn A
Bought by
Sparks Ronald Leslie and Garrett Margaret M
Buyer's Agent
Daniel Burnside
Lake Homes Realty, LLC
List Price
$394,900
Sold Price
$323,500
Premium/Discount to List
-$71,400
-18.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.07%
Original Mortgage
$307,325
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2003
Sold by
Harris Robert W
Bought by
Crowley Charles C

Purchase Details

Closed on
Dec 18, 1990
Bought by
Lenz John A and Lenz Elizabeth

Purchase Details

Closed on
Apr 15, 1988
Bought by
Speciale Sandra

Purchase Details

Closed on
Nov 25, 1987
Bought by
Speciale Steve and Speciale Sandra

Purchase Details

Closed on
Dec 14, 1982
Bought by
Kemper Robert J and Kemper Ruth A

Purchase Details

Closed on
Sep 1, 1982
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Buyer Sale Price Title Company
-- None Available
Sparks Ronald $5,000 None Available
Sparks Ronald Leslie $323,500 Chattanooga Title Inc
Crowley Charles C $17,000 --
Lenz John A $100,000 --
Speciale Sandra -- --
Speciale Steve $10,000 --
Kemper Robert J -- --
-- -- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $307,325
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2026 08/07/26 For Sale $394,900 +22.1% $164 / Sq Ft
09/30/2019 09/30/19 Sold $323,500 0.0% $134 / Sq Ft
09/30/2019 09/30/19 Sold $323,500 0.0% $179 / Sq Ft View Prior Sale
09/30/2019 09/30/19 Sold $323,500 -18.1% $179 / Sq Ft View Prior Sale
08/01/2019 08/01/19 Pending -- -- --
08/01/2019 08/01/19 Pending -- -- --
10/01/2018 10/01/18 For Sale $394,900 -- $218 / Sq Ft
Source: Realtracs

Tax 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.

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 $2,043 $151,500 $43,750 $107,750
2024 $2,043 $151,500 $43,750 $107,750
2023 $2,581 $114,475 $41,250 $73,225
2022 $2,344 $103,975 $41,250 $62,725
2021 $2,316 $102,725 $40,000 $62,725
2020 $2,213 $102,725 $40,000 $62,725
2019 $2,015 $89,350 $40,000 $49,350
2018 $2,029 $92,375 $42,500 $49,875
2017 $1,870 $85,150 $42,500 $42,650
2016 $1,870 $85,150 $42,500 $42,650
2015 $1,785 $85,150 $42,500 $42,650
2014 $1,785 $85,150 $42,500 $42,650
2013 -- $85,150 $42,500 $42,650
Source: Public Records

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Map

Source: Realtracs

MLS Number: 3358153

Realtracs

APN: 038O-A-005.00

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