NOT LISTED FOR SALE

1543 Lake Forest Dr Spring City, TN 37381

Estimated Value: $515,000 - $782,000

3 Beds
2.5 Baths
1,808 Sq Ft
$372/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2019

Last sale price $323,500 $179 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,808 / mo

304 Days on Market

Highlights

  • Lake On Lot
  • Open Floorplan
  • Stationary Dock
  • Waterfront
  • Deck
  • Main Floor Primary Bedroom

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 Agent to Sell the Property

Melanie Reynolds

Coldwell Banker Pryor Realty, Inc. Listed on: 10/01/2018

Last Buyer's Agent

Daniel Burnside

Lake Homes Realty License #326361

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,870

Year Built

  • Built in 1987

Lot Details

  • 1.18 Acre Lot
  • Waterfront
  • Gentle Sloping Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,808 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Gas Log Fireplace
  • Water Views
  • Finished Basement
  • Partial Basement
  • Home Security System

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Stationary Dock
  • Lake On Lot
  • Deck
  • Patio
  • Outbuilding

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Lake Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038o A 005.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,870

Year Built

Built in 1987

Lot Details

1.18 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.18
  • Lot Size: 56.58X304.34 IRR
  • Subdivision Name: Lake Forest
  • Directions: Hwy 27 north, right on Hwy 68 (Watts Bar Hwy), Left on Wolfcreek Road, right a fork in road to Pinhook Road, left on Lake Forest Drive, left at the fork in road, home will be at the end of cul-de-sac on the right. SOP
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 1808.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1987
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 038o A 005.00
  • Location Tax and Legal Elementary School: Spring City
  • Location Tax and Legal Middle Or Junior School2: Spring City
  • Location Tax and Legal High School: Rhea County High School
  • Location Tax and Legal:Tax Annual Amount: 1870.4
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 1.18
  • General Property Information Lot Size Square Feet2: 51400.8
  • General Property Information Lot Size Dimensions: 56.58X304.34 IRR
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Remarks and Miscellaneous Public Remarks2: 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.
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Foundation Details Block2: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features:Security System: Yes
  • Interior Features Split Bedrooms2: Yes
  • View:Water2: Yes
  • Flooring:Vinyl: Yes
  • Brick and Stone Features Partial Brick: Yes
  • Other Structures:Out Building: Yes
  • Brick and Stone Features All Brick: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Water Heater, Free-Standing Gas Range, Dishwasher
  • Has Basement: Finished, Partial
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Open Floorplan, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
  • Appliances Dishwasher: Yes
  • Basement:Partial: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Free-Standing Gas Range: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Gas Log: Yes

Exterior Features

  • Lot Features: Gentle Sloping, Lake On Lot, Other
  • View: Water
  • View: Yes
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Exterior Features: Dock - Stationary
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Exterior Features:Dock - Stationary: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Lake On Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
  • Security: Security System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 51400.8
  • Additional Parcels: No
  • Parcel #: 038o A 005.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1870.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2021
Sold by
Sparks Ronald Leslie and Garrett Margaret Mabel
Bought by
Sparks Ronald Leslie and Garrett Margaret Mabel
Current Estimated Value
$672,245

Purchase Details

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

Purchase Details

Listed on
Oct 1, 2018
Closed on
Sep 26, 2019
Sold by
Lenz Elizabeth A and Livings Carolyn A
Bought by
Sparks Ronald Leslie and Garrett Margaret M
Seller's Agent
Melanie Reynolds
Coldwell Banker Pryor Realty, Inc.
Buyer's Agent
Daniel Burnside
Lake Homes Realty
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
11.63%
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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
Sparks Ronald Leslie -- 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 Sparks Ronald Leslie $307,325
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2019 09/30/19 Sold $323,500 0.0% $179 / Sq Ft
09/30/2019 09/30/19 Sold $323,500 -18.1% $179 / Sq Ft View Prior Sale
08/01/2019 08/01/19 Pending -- -- --
10/01/2018 10/01/18 For Sale $394,900 -- $218 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $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

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1284428

Greater Chattanooga REALTORS®

APN: 038O-A-005.00

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