NOT LISTED FOR SALE

1574 Lakewood Village Rd Spring City, TN 37381

Estimated Value: $638,000 - $1,057,000

2 Beds
4 Baths
3,740 Sq Ft
$215/Sq Ft Est. Value

Last Sold October 28, 2015

Last sale price $280,000 $75 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $4,604/month

133 Days on Market

Highlights

  • Lake Front
  • Deck
  • Wood Flooring
  • Lake Property
  • Contemporary Architecture
  • Covered Patio or Porch

About This Home

As of October 2015

This is a special property! The view is worth the asking price. This 2007 built home is unique from the 3 car garage all the way to the 4 bathrooms and the beautiful kitchen. There is a huge half circle shape deck, two kitchens, 2 story is the Master bedroom suite, a boat dock, and a ton of character. You even have you own Fireman's pole. You really do need to see this home to appreciate it.

Last Agent to Sell the Property

Johnny Reeves

Berkshire Hathaway HomeServices Southern Realty License #226955 Listed on: 04/16/2015

Berkshire Hathaway HomeServices Southern Realty

Last Buyer's Agent

Johnny Reeves

Berkshire Hathaway HomeServices Southern Realty License #226955 Listed on: 04/16/2015

Berkshire Hathaway HomeServices Southern Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,699

Year Built

  • Built in 2007

Lot Details

  • 0.38 Acre Lot
  • Lake Front

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,740 Sq Ft Home
  • Living Room
  • Dining Room
  • Finished Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Access To Lake
  • Lake Property
  • Deck
  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling System

Community Details

  • Lakewood Village Unit 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038b A 023.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,699

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Directions: From Crossville take Hwy. 68 to Right onto Hwy 27. follow direction below once in Spring City. In Spring City, Go South on Hwy 27 toward Rockwood. Then turn Right onto Vanns Creek Road, then Left onto Toestring Valley Road, then Right onto Ware Farms Road, then Right onto Lakewood Village Road. Home is on the right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2007
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.38
  • Lot Size: 67.5M x 248.5 IRR
  • Subdivision Name: Lakewood Village Unit 1
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: None
  • Has Basement: Finished
  • Fireplace: No
  • Full Bathrooms: 4
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Exterior Features: Porch - Covered, Deck
  • Lot Features: Waterfront Access, Man-Made Lake, Lakefront, Lake Access

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, 1 Car Garage, 2 Car Garage

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 16552.8
  • Parcel #: 038b A 023.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2015
Closed on
Oct 27, 2015
Sold by
Federal National Mtge Assoc
Bought by
Movre Matthew G and Movre Carol A
Seller's Agent
Johnny Reeves
Berkshire Hathaway HomeServices Southern Realty
Buyer's Agent
Johnny Reeves
Berkshire Hathaway HomeServices Southern Realty
Sold Price
$280,000
Current Estimated Value
$803,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$523,767
Avg. Annual Appreciation
11.40%

Purchase Details

Closed on
Jun 4, 2014
Sold by
Schutt Clemon William
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Apr 2, 2009
Sold by
Schutt C William
Bought by
Schutt Clemon W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
3.34%

Purchase Details

Closed on
Jul 16, 1997
Sold by
Copeland Harry E
Bought by
William Schutt C

Purchase Details

Closed on
Apr 24, 1964
Bought by
Copeland Harry E and Copeland Frances R
Source: Public Records

Range of Values:

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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
Movre Matthew G $280,000 --
Federal National Mtg Associati $500,000 --
Schutt Clemon W -- --
William Schutt C $52,500 --
Copeland Harry E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Movre Matthew G $115,000
Previous Owner Schutt Clemon W $938,250
Previous Owner William Schutt C $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2015 10/28/15 Sold $280,000 -- $75 / Sq Ft
Source: East Tennessee REALTORS® MLS

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
2024 $2,699 $200,150 $41,250 $158,900
2023 $3,307 $146,675 $36,250 $110,425
2022 $2,729 $121,050 $36,250 $84,800
2021 $2,729 $121,050 $36,250 $84,800
2020 $2,729 $121,050 $36,250 $84,800
2019 $2,729 $121,050 $36,250 $84,800
2018 $2,531 $115,225 $36,250 $78,975
2017 $2,590 $117,900 $36,250 $81,650
2016 $2,985 $135,900 $36,250 $99,650
2015 $3,927 $135,900 $36,250 $99,650
2014 $3,879 $185,025 $36,250 $148,775
2013 -- $185,025 $36,250 $148,775
Source: Public Records

Agents Affiliated with this Home

  • Johnny Reeves

    Seller's Agent in 2015

    Johnny Reeves

    Berkshire Hathaway HomeServices Southern Realty

    (931) 456-0166

    59 Total Sales

    Johnny Reeves
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 921576

East Tennessee REALTORS® MLS

APN: 038B-A-023.00

Tennessee Rhea County Spring City 37381

1574 Lakewood Village Rd, Spring City, TN

This home is located at 1574 Lakewood Village Rd, Spring City, TN 37381 since 16 April 2015 and is currently estimated at $803,767, approximately $214 per square foot. This property was built in 2007. 1574 Lakewood Village Rd 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.

East Tennessee REALTORS® MLS 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.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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