2050 Spring Place Rd SE Cleveland, TN 37323
2
Beds
1
Bath
1,134
Sq Ft
1.07
Acres
Highlights
- No HOA
- 1 Car Garage
- Wood Siding
- Central Air
About This Home
As of April 2025This investment property offers over an acre of prime land with immense potential. Featuring a fixer-upper home, it's perfect for a renovation flip or development opportunity. The expansive lot provides space for expansion or additional units making it a versatile investment.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $532
Year Built
- Built in 1955
Parking
- 1 Car Garage
- Gravel Driveway
Home Design
- 1,134 Sq Ft Home
- Block Foundation
- Wood Siding
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Oak Grove Elementary School
- Lake Forest Middle School
- Bradley Central High School
Utilities
- Central Air
- Septic Tank
Additional Features
- Rain Gutters
- 1.07 Acre Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 066h C 004.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2025
Closed on
Apr 4, 2025
Sold by
Chase Family Investments Llc
Bought by
Watson Amos E and Watson Deloris A
Seller's Agent
Sophia Chase
K W Cleveland
Buyer's Agent
Sophia Chase
K W Cleveland
List Price
$199,000
Sold Price
$160,000
Premium/Discount to List
-$39,000
-19.6%
Views
75
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,801
Avg. Annual Appreciation
22.75%
Purchase Details
Listed on
Aug 30, 2024
Closed on
Sep 24, 2024
Sold by
Maroon Steve and Maroon Michael
Bought by
Chase Family Investments Llc
Seller's Agent
Robert Bradney
Bender Realty
Buyer's Agent
Sophia Chase
KW Cleveland
List Price
$144,900
Sold Price
$137,500
Premium/Discount to List
-$7,400
-5.11%
Views
27
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.72%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $160,000 | Equi Title | |
| Warranty Deed | $137,500 | Equi Title |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2025 04/11/25 | Sold | $160,000 | -19.6% | $141 / Sq Ft |
| 04/11/2025 04/11/25 | Pending | -- | -- | -- |
| 04/11/2025 04/11/25 | For Sale | $199,000 | +44.7% | $175 / Sq Ft |
| 09/24/2024 09/24/24 | Sold | $137,500 | -5.1% | $121 / Sq Ft |
| 09/09/2024 09/09/24 | Pending | -- | -- | -- |
| 08/30/2024 08/30/24 | For Sale | $144,900 | -- | $128 / Sq Ft |
Source: Greater Chattanooga REALTORS®
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 | -- | $29,900 | $26,400 | $3,500 |
| 2023 | $761 | $42,800 | $27,000 | $15,800 |
| 2022 | $761 | $42,800 | $27,000 | $15,800 |
| 2021 | $761 | $42,800 | $0 | $0 |
| 2020 | $1,141 | $42,800 | $0 | $0 |
| 2019 | $1,141 | $51,350 | $0 | $0 |
| 2018 | $1,086 | $0 | $0 | $0 |
| 2017 | $1,044 | $0 | $0 | $0 |
| 2016 | $1,044 | $0 | $0 | $0 |
| 2015 | $1,035 | $0 | $0 | $0 |
| 2014 | $845 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sophia Chase
S
Seller's Agent in 2025
Sophia Chase
K W Cleveland
(423) 595-8769
16 in this area
370 Total Sales
-
Robert Bradney
Seller's Agent in 2024
Robert Bradney
Bender Realty
(423) 619-0621
2 in this area
75 Total Sales
Map
Source: Greater Chattanooga REALTORS®
MLS Number: 1510879
APN: 066H-C-004.00
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