198 W Rhea Ave Spring City, TN 37381
Estimated Value: $223,000 - $311,773
5
Beds
2
Baths
2,932
Sq Ft
$89/Sq Ft
Est. Value
About This Home
This home is located at 198 W Rhea Ave, Spring City, TN 37381 and is currently estimated at $261,193, approximately $89 per square foot. 198 W Rhea Ave is a home located in Rhea County with nearby schools including Rhea County High School, King Memorial Seventh Day Adve, and Spring City Christian Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 22, 2020
Sold by
Davenport Billie Francis
Bought by
Mays Matthew Dewey
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,564
Outstanding Balance
$93,544
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$167,649
Purchase Details
Closed on
Nov 8, 1999
Sold by
Adams Cecil G
Bought by
Francis Davenport Billie
Purchase Details
Closed on
Jul 26, 1999
Sold by
Adams Cecil G
Bought by
Adams Cecil G
Purchase Details
Closed on
Apr 7, 1978
Bought by
Adams Cecil G and Adams Lynne
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mays Matthew Dewey | $74,000 | None Available | |
| Francis Davenport Billie | $5,000 | -- | |
| Adams Cecil G | $10,000 | -- | |
| Adams Cecil G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mays Matthew Dewey | $105,564 |
Source: Public Records
Tax History Compared to Growth
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 | -- | $66,525 | $3,925 | $62,600 |
| 2023 | $1,206 | $31,550 | $3,550 | $28,000 |
| 2022 | $1,200 | $31,800 | $3,550 | $28,250 |
| 2021 | $1,178 | $31,800 | $3,550 | $28,250 |
| 2020 | $1,070 | $31,800 | $3,550 | $28,250 |
| 2019 | $1,070 | $31,800 | $3,550 | $28,250 |
| 2018 | $1,302 | $39,400 | $15,000 | $24,400 |
| 2017 | $1,174 | $39,400 | $15,000 | $24,400 |
| 2016 | $1,174 | $37,175 | $15,000 | $22,175 |
| 2015 | $1,136 | $37,175 | $15,000 | $22,175 |
| 2014 | $779 | $37,175 | $15,000 | $22,175 |
| 2013 | -- | $37,175 | $15,000 | $22,175 |
Source: Public Records
Map
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