NOT LISTED FOR SALE

168 Rhea Dr Spring City, TN 37381

Estimated Value: $390,000 - $445,821

4 Beds
3 Baths
2,768 Sq Ft
$151/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $245,000 $89 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,350/month

20 Days on Market

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • Whirlpool Bathtub
  • Deck
  • Wood Flooring
  • No HOA

About This Home

As of August 2020

Call for a showing today on this beautiful 4 bedroom 3 bathroom home in Spring City Tennessee. This listing has an oversized master suite with sitting area, large walk-in closet, master bathroom with walk-in tiled shower and jetted tub, library area and private office. The downstairs has 3 bedrooms with one bedroom having a private bathroom, guest bathroom, living room, bonus room and kitchen with breakfast area. The owners have just added a new deck on the back, one new central heat and air unit, new roof on the main house, painted the inside of the home. If you have several vehicles this home has a 4 car attached garage with plenty of storage. The backyard and side yard gives you plenty of room to entertain family and friends. Just minutes from our beautiful Watts Bar Lake and one hour from Knoxville and Chattanooga. Call today for a showing.

Last Agent to Sell the Property

Melanie Reynolds

Coldwell Banker Pryor Realty, Inc. Listed on: 07/16/2020

Last Buyer's Agent

Leann Stitt

Crye-Leike, REALTORS License #275104

Crye-Leike, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,763

Year Built

  • Built in 1998

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 200 x 170 x 140
  • Level Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 2,768 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Insulated Windows
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 037j B 003.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,763

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.66
  • Lot Size: 200 X 170 x 140
  • Subdivision Name: None
  • Directions: Hwy 27 south from our office, left on New Lake Road at second traffic light, left on Watts Bar Drive, left on Rhea Drive home will be on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Living Area: 2768.0
  • New Construction: No
  • Year Built: 1998
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 037j B 003.00
  • 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: 1763.0
  • 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: Yes
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.66
  • General Property Information Lot Size Square Feet2: 28749.6
  • General Property Information Lot Size Dimensions: 200 X 170 x 140
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Utilities:Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: 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
  • Security Features:Smoke Detector(s): Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Cooling:Multi Units: Yes
  • Interior Features Whirlpool Tub2: Yes
  • Interior Features Split Bedrooms2: Yes
  • Levels:One and One Half: Yes
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Free-Standing Electric Range, Dryer, Dishwasher
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Cathedral Ceiling(s), Open Floorplan, Split Bedrooms, Walk-In Closet(s), Whirlpool Tub
  • Window Features: Insulated Windows
  • Appliances Dishwasher: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Basement:None3: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Cathedral Ceiling(s): Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Other
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Central, Electric, Natural Gas
  • Heating Yn: Yes
  • Utilities: Electricity Available, Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes
  • Heating:Electric3: 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: 28749.6
  • Additional Parcels: No
  • Parcel #: 037j B 003.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1763.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Aug 31, 2020
Sold by
Bass Shauwn Elbert and Bass Stephanie R
Bought by
Eads Jonathon E and Eads Jessica L
Seller's Agent
Melanie Reynolds
Coldwell Banker Pryor Realty, Inc.
Buyer's Agent
Leann Stitt
Crye-Leike, REALTORS
List Price
$257,500
Sold Price
$245,000
Premium/Discount to List
-$12,500
-4.85%
Current Estimated Value
$416,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,955
Avg. Annual Appreciation
10.85%
Original Mortgage
$240,562
Outstanding Balance
$213,875
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$203,080

Purchase Details

Listed on
Feb 4, 2015
Closed on
May 6, 2016
Sold by
Frank Daniel L
Bought by
Bass Shauwn Elbert and Bass Stephanie R
Seller's Agent
Susan Crockett
Blue Key Properties
Buyer's Agent
Melanie Reynolds
Coldwell Banker Pryor Realty
List Price
$239,900
Sold Price
$174,000
Premium/Discount to List
-$65,900
-27.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%
Original Mortgage
$170,848
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 2012
Sold by
Gann Jennifer J
Bought by
Frank Daniel L and Frank Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2006
Bought by
Gann Jennifer J

Purchase Details

Closed on
Oct 9, 2001
Sold by
Fine Steven Fine Steven
Bought by
Jackson Gann John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,375
Interest Rate
6.87%

Purchase Details

Closed on
Oct 5, 2001
Bought by
Gann John Jackson and Gann Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,375
Interest Rate
6.87%

Purchase Details

Closed on
Jun 26, 1998
Sold by
Edwards Ricky L
Bought by
Steven Fine

Purchase Details

Closed on
Dec 13, 1991
Bought by
Edwards Ricky L

Purchase Details

Closed on
Jul 28, 1977
Bought by
Edwards Dennis and Edwards Jewel

Purchase Details

Closed on
Jan 3, 1900
Source: Public Records

Range of Values:

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Average Value
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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
Eads Jonathon E $245,000 Realty T&E Svcs Inc
Bass Shauwn Elbert $174,000 --
Frank Daniel L -- --
Gann Jennifer J -- --
Jackson Gann John $318 --
Gann John Jackson $82,500 --
Steven Fine $77,000 --
Edwards Ricky L $65,000 --
Edwards Dennis -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eads Jonathon E $240,562
Previous Owner Bass Shauwn Elbert $170,848
Previous Owner Frank Daniel L $150,000
Previous Owner Not Available $78,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2020 08/31/20 Sold $245,000 -4.9% $89 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $257,500 +48.0% $93 / Sq Ft
05/06/2016 05/06/16 Sold $174,000 -27.5% $61 / Sq Ft View Prior Sale
03/16/2016 03/16/16 Pending -- -- --
02/04/2015 02/04/15 For Sale $239,900 -- $84 / 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 -- $97,125 $8,750 $88,375
2023 $2,013 $52,625 $5,200 $47,425
2022 $1,987 $52,625 $5,200 $47,425
2021 $1,950 $52,625 $5,200 $47,425
2020 $1,761 $52,625 $5,200 $47,425
2019 $1,761 $52,350 $5,200 $47,150
2018 $1,504 $45,500 $5,200 $40,300
2017 $1,377 $43,600 $5,200 $38,400
2016 $1,377 $43,600 $5,200 $38,400
2015 $1,333 $43,600 $5,200 $38,400
2014 $914 $43,600 $5,200 $38,400
2013 -- $43,600 $5,200 $38,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1321063

Greater Chattanooga REALTORS®

APN: 037J-B-003.00