NOT LISTED FOR SALE

2.6 Acres Spruce Dr Spring City, TN 37381

Estimated Value: $114,000 - $228,000

2.6 Acres
$65,769 Price per Acre
113,256 Sq Ft Lot

Last Sold November 15, 2023

Last sale price $77,000

Est. 122% increase in value since last sale

Current estimated payment $900/month

145 Days on Market

Highlights

  • Access To Lake
  • 2.6 Acre Lot
  • Lot Has A Rolling Slope

About This Lot

As of November 2023

REDUCED! Million dollar sunsets of Watts Bar Lake! Over two and a half acres of mostly cleared but some hardwoods nestled in a quiet lake access subdivision. Watch Mother Nature work as most weather arrives from the west across the Cumberland Plateau. Seven lots, 3 on Spruce, 4 down below on Cedar Rd, guarantee you will own these sunsets! Perfect for a walkout basement. Lake Access with park and pavillion just down the road, voluntary HOA fee is $75 annually. Soil study, which ensures your 3 or 4 bedroom home's septic has good soil, and recent survey on file. Water and electricity at the road.

Last Agent to Sell the Property

Aimee Rose

Blue Key Properties License #333952 Listed on: 05/27/2023

Last Buyer's Agent

Lee Franz

Century 21 Select Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $30

Lot Details

  • 2.6 Acre Lot
  • Lot Dimensions are 225x449
  • Property fronts a county road
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential

Utilities

  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 038f A 003.00

Community Details

Overview

  • Lakewood Village Unit 2 Subdivision

Recreation

  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$30

Lot Details

0

Listing Details

  • Directions: Hwy 27N to right on E Jackson Ave (2nd traffic light) left on Toestring Valley-right on Ware Farms Road -bear right onto Spruce Drive-follow around to property on right. SOP
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 2.6
  • Lot Size: 225x449
  • Subdivision Name: Lakewood Village Unit 2
  • Topography:Rolling: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Telephone5: Yes
  • Utilities Available:Water5: Yes
  • General Property Description:Lot Size SqFt: 113256.0
  • Property Sub-Type:Single Family2: Yes
  • Road Frontage:County4: Yes
  • Topography:Partially Cleared: Yes
  • Lot Description:Lake Access: Yes
  • Topography:Cleared: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Lake Access, Rolling
  • Topography: {"Partially Cleared":true,"Graded":true,"Cleared":true}

Condo/Co-op/Association

  • Association Fee Frequency: Yearly

Lot Info

  • Lot Size Sq Ft: 113256.0
  • Parcel #: 038f A 003.00
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2023
Closed on
Nov 14, 2023
Sold by
Rupp Steven
Bought by
Zachary Timothy Wayne and Mcclains Zachary Susan
Seller's Agent
Aimee Rose
Blue Key Properties
Buyer's Agent
Lee Franz
Century 21 Select Properties
List Price
$89,000
Sold Price
$77,000
Premium/Discount to List
-$12,000
-13.48%
Views
169
Current Estimated Value
$171,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,000
Avg. Annual Appreciation
50.87%

Purchase Details

Closed on
Sep 9, 2018
Sold by
Ray Edward Eugene
Bought by
Rup Steven

Purchase Details

Closed on
Jul 31, 2013
Bought by
Ray Edward Eugene

Purchase Details

Closed on
Jul 31, 1993
Bought by
Fuller James A

Purchase Details

Closed on
Apr 5, 1963
Bought by
Hickey Carl L and Hickey Bertha
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
Zachary Timothy Wayne $77,000 Crossland Title
Rup Steven $55,000 Crossland Title Inc
Ray Edward Eugene $8,000 --
Ray Edward Eugene $8,000 --
Fuller James A $1,000 --
Hickey Carl L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2023 11/15/23 Sold $77,000 -9.3% --
10/20/2023 10/20/23 Pending -- -- --
07/01/2023 07/01/23 Price Changed $84,900 -4.6% --
05/27/2023 05/27/23 For Sale $89,000 +61.8% --
09/11/2020 09/11/20 Sold $55,000 -15.4% -- View Prior Sale
07/12/2020 07/12/20 Pending -- -- --
10/24/2016 10/24/16 For Sale $65,000 -- --
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 $30 $2,200 $2,200 $0
2023 $42 $1,875 $1,875 $0
2022 $42 $1,875 $1,875 $0
2021 $42 $1,875 $1,875 $0
2020 $42 $1,875 $1,875 $0
2019 $42 $1,875 $1,875 $0
2018 $41 $1,875 $1,875 $0
2017 $41 $1,875 $1,875 $0
2016 $41 $1,875 $1,875 $0
2015 $39 $1,875 $1,875 $0
2014 $39 $1,875 $1,875 $0
2013 -- $1,875 $1,875 $0
Source: Public Records

Agents Affiliated with this Home

  • Aimee Rose

    Seller's Agent in 2023

    Aimee Rose

    Blue Key Properties

    (423) 802-9538

    48 in this area

    73 Total Sales

    Aimee Rose
    Section Image

  • L

    Buyer's Agent in 2023

    Lee Franz

    Century 21 Select Properties

  • G

    Seller's Agent in 2020

    Gary Venice

    Blue Key Properties

  • C

    Buyer's Agent in 2020

    Comps Only

    COMPS ONLY

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1228449

East Tennessee REALTORS® MLS

APN: 038F-A-003.00

Tennessee Rhea County Spring City 37381

2.6 Acres Spruce Dr, Spring City, TN

This home is located at 2.6 Acres Spruce Dr, Spring City, TN 37381 since 27 May 2023 and is currently estimated at $171,000. 2.6 Acres Spruce Dr 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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