NOT LISTED FOR SALE

190 Patterson Point Spring City, TN 37381

Estimated Value: $109,954 - $337,000

Studio
1 Bath
528 Sq Ft
$484/Sq Ft Est. Value

Last Sold January 24, 2017

Last sale price $84,000 $159 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $1,361/month

Highlights

  • River Front
  • Wooded Lot
  • No HOA
  • 2.35 Acre Lot
  • Wood Flooring
  • Porch

About This Home

As of January 2017

What a Deal!!!Two Efficiency Cabins, with 2.35+/-Acres on Watts Bar Lake for Only $89,900!!! Property consists of 4 adjoining lots, one is waterfront, with 2 efficiency cabins. The cabins have a great room that includes the kitchen, sitting and sleeping area and a full bathroom. Endless Possibilities, you could add additional cabins for rental income, build a home at the top of lots on Maple Court, or just use as a vacation get-a-way!! Road Frontage on Maple Court, but currently property is accessed by an easement road, called Cove Road. Community Boat Ramp.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $745

Year Built

  • Built in 2004

Lot Details

  • 2.35 Acre Lot
  • River Front
  • Sloped Lot
  • Wooded Lot

Home Design

  • Metal Roof
  • Log Siding

Interior Spaces

  • 1 Full Bathroom
  • 528 Sq Ft Home
  • Property has 3 Levels
  • Wood Flooring
  • Water Views

Parking

  • Driveway
  • Unpaved Parking

Outdoor Features

  • Porch

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Well
  • Septic Tank
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Lakewood Village Subdivision

Listing and Financial Details

  • Tax Lot 197
  • Assessor Parcel Number 038F F 03000 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$745

Year Built

Built in 2004

Lot Details

2.35 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2004
  • Unit Levels: Three Or More
  • New Construction: No
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: None
  • Flooring: Wood
  • Full Bathrooms: 1
  • Has Basement: None
  • Building Area Units: Square Feet
  • Living Area: 528
  • Living Area Units: Square Feet
  • Other Equipment: Satellite Dish

Exterior Features

  • Construction Type: Log
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Metal
  • Topography: Sloped,Wooded
  • View: Water
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Sloped, Wooded
  • Lot Size Acres: 2.35
  • Lot Size: 2.35 Acres
  • Lot Size Units: Acres
  • Parcel #: 038F F 03000 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 745
  • Tax Lot: 197

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2020
Sold by
Runyan Robert R
Bought by
Gsp Properties Llc
Current Estimated Value
$255,318

Purchase Details

Closed on
Nov 25, 2019
Sold by
Raymond Loren C and Harrison Marilyn
Bought by
Runyan Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,038
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 2007

Purchase Details

Closed on
Jun 27, 2002
Bought by
Eicher David H Trustee & Joyce E Trustee

Purchase Details

Closed on
Feb 22, 1993
Bought by
Bucher Danny M and Bucher Marianne C

Purchase Details

Closed on
Sep 10, 1980
Bought by
Orick Michael T and Orick Susan A

Purchase Details

Closed on
Aug 13, 1976
Source: Public Records
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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
Gsp Properties Llc $112,000 None Available
Runyan Robert R $82,610 Realty T&E Svcs Inc
-- -- --
Eicher David H Trustee & Joyce E Trustee $50,000 --
Bucher Danny M $9,500 --
Orick Michael T -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Runyan Robert R $66,038
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2017 01/24/17 Sold $84,000 -6.6% $159 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
12/06/2016 12/06/16 For Sale $89,900 -- $170 / Sq Ft
Source: Realtracs

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 $219 $16,275 $2,625 $13,650
2024 $219 $16,275 $2,625 $13,650
2023 $235 $10,425 $2,250 $8,175
2022 $205 $9,100 $2,250 $6,850
2021 $205 $9,100 $2,250 $6,850
2020 $205 $9,100 $2,250 $6,850
2019 $205 $9,100 $2,250 $6,850
2018 $160 $7,275 $2,250 $5,025
2017 $160 $7,275 $2,250 $5,025
2016 $160 $7,275 $2,250 $5,025
2015 $153 $7,275 $2,250 $5,025
2014 $47 $2,250 $2,250 $0
2013 -- $2,250 $2,250 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 3152073

Realtracs

APN: 038F-F-030.00

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