NOT LISTED FOR SALE

1585 New Lake Rd Spring City, TN 37381

Estimated Value: $162,000 - $192,000

2 Beds
1 Bath
1,023 Sq Ft
$174/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $79,000 $77 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $992/month

101 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • No HOA
  • Mountain View
  • Contemporary Architecture
  • Covered Patio or Porch

About This Home

As of March 2019

LOOK! New; dimensional shingled roof, white side by side refrigerator, vapor barrier, replaced joist, and secures on porch and rafters! This house is ready to go! The nostalgic charm and grace fill this clean and comfortable 2 Bedroom 1 Bath house near Watt's Bar Lake, with it's large, lazy, covered front porch. The site built house has a good sized dining /kitchen combo and a wood deck at the rear, overlooking the spacious back yard. There is an outside table and chairs, and comes with a stove, washer & dryer combo, and a large portable carport. The closet & storgage space is surprising in a home of this era, when houses were built to stand until Johnny came martching home and beyond!

Last Agent to Sell the Property

Michelle Collier

Collier & Company Realty, LLC License #292936 Listed on: 11/11/2018

Last Buyer's Agent

Michelle Collier

Collier & Company Realty, LLC License #292936 Listed on: 11/11/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $395

Year Built

  • Built in 1945

Lot Details

  • 0.79 Acre Lot
  • Sloped Lot

Parking

  • 1 Carport Space

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,023 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wood Frame Window
  • Living Room
  • Mountain Views
  • Storm Windows
  • Free-Standing Electric Range

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Basement

  • Basement Cellar
  • Crawl Space

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 037g B 007.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$395

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.79
  • Lot Size: 114 X 305M IRR
  • Subdivision Name: None
  • Directions: Hwy 68 S Towards Watts Bar Dam, Turn right onto TN-302 N/ New Lake RD, drive 1.9 Miles house is on the right.
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Living Area: 1023.0
  • New Construction: No
  • Efficiency: Appliances, HVAC
  • Year Built: 1945
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 037g B 007.00
  • Location Tax and Legal Elementary School: Spencer Elementary
  • Location Tax and Legal Middle Or Junior School2: Spring City Elementary & Middle
  • Location Tax and Legal High School: Rhea County High School
  • Location Tax and Legal:Tax Annual Amount: 395.36
  • 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: Yes
  • General Property Information Lot Size Acres: 0.79
  • General Property Information Lot Size Square Feet2: 34412.4
  • General Property Information Lot Size Dimensions: 114 X 305M IRR
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • General Property Information Carport Spaces2: 1.0
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Interior Features Tub Shower Combo: 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
  • Levels:One: Yes
  • View:Mountain(s): Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Architectural Style:Contemporary: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Flooring:Linoleum: Yes
  • Special Features: None

Interior Features

  • Appliances: Washer, Free-Standing Electric Range, Electric Water Heater, Dryer
  • Has Basement: Cellar, Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Linoleum
  • Interior Amenities: Open Floorplan, Pantry, Plumbed, Primary Downstairs, Tub/shower Combo
  • Window Features: Storm Window(s), Wood Frames
  • Basement:Crawl Space: Yes
  • Basement:Cellar: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Lot Features: Sloped
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Other
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Patio, Porch, Porch - Covered
  • Roof: Shingle
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Wood Frames: Yes
  • Lot Features:Sloped: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

  • Carport Spaces: 1.0
  • General Property Information:Garage YN: No

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Sewer Connected
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 34412.4
  • Additional Parcels: No
  • Parcel #: 037g B 007.00
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:HVAC: Yes
  • Green Energy Efficient:Appliances: Yes

Tax Info

  • Tax Annual Amount: 395.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2018
Closed on
Mar 15, 2019
Sold by
Sawvell James A and Sawvell Sherri R
Bought by
Barger Craig Clifton
Seller's Agent
Michelle Collier
Collier & Company Realty, LLC
Buyer's Agent
Michelle Collier
Collier & Company Realty, LLC
List Price
$89,900
Sold Price
$79,000
Premium/Discount to List
-$10,900
-12.12%
Current Estimated Value
$173,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,282
Avg. Annual Appreciation
12.37%
Original Mortgage
$63,200
Outstanding Balance
$56,121
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$111,333

Purchase Details

Closed on
Nov 6, 2007
Bought by
Sawvell James A

Purchase Details

Closed on
Jun 22, 1967
Bought by
Mcclendon Lonnie and Mcclendon Lucille
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Barger Craig Clifton $79,000 Crossland Title Inc
Sawvell James A $52,000 --
Mcclendon Lonnie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barger Craig Clifton $63,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $79,000 0.0% $77 / Sq Ft
03/15/2019 03/15/19 Sold $79,000 -12.1% $77 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
11/11/2018 11/11/18 For Sale $89,900 -- $88 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 -- $27,150 $7,450 $19,700
2023 $565 $14,775 $3,200 $11,575
2022 $549 $14,525 $3,200 $11,325
2021 $538 $14,525 $3,200 $11,325
2020 $489 $14,525 $3,200 $11,325
2019 $489 $14,525 $3,200 $11,325
2018 $414 $12,525 $3,200 $9,325
2017 $368 $12,525 $3,200 $9,325
2016 $368 $11,650 $3,200 $8,450
2015 $356 $11,650 $3,200 $8,450
2014 $244 $11,650 $3,200 $8,450
2013 -- $11,650 $3,200 $8,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1287116

Greater Chattanooga REALTORS®

APN: 037G-B-007.00