NOT LISTED FOR SALE

225 Waters Edge Way Tracy City, TN 37387

Estimated Value: $211,000 - $248,382

2 Beds
1 Bath
598 Sq Ft
$373/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $200,000 $334 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,412/month

8 Days on Market

Highlights

  • Community Pool
  • Cooling Available
  • Central Heating
  • Covered Patio or Porch
  • Community Playground
  • Ceiling Fan

About This Home

As of August 2024

Just an hour and a half away from Nashville and 45 minutes from Chattanooga, this beautiful site-built home features two bedrooms and one bath, and is fully furnished. Situated in a prime location near a community lake, the community offers common area docks, kayak rentals, and walking trails. The gated community currently operates as a short-term rental and is one of Tennessee's first tiny home communities..

Last Agent to Sell the Property

Ellie Pratt

Benchmark Realty, LLC Brokerage Phone: 6158385412 License #332387 Listed on: 07/24/2024

Benchmark Realty, LLC

Last Buyer's Agent

Chip Hayes

Retreat Properties LLC License #292730

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,062

Year Built

  • Built in 2021

Lot Details

  • 0.36 Acre Lot
  • Sloped Lot

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Metal Roof
  • Hardboard

Interior Spaces

  • 598 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Electric Fireplace
  • Laminate Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Tracy Elementary
  • Grundy Co High School

Utilities

  • Cooling Available
  • Central Heating
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 102J E 12500 000

Community Details

Overview

  • $250 One-Time Secondary Association Fee
  • Association fees include ground maintenance
  • The Retreat At Waters Edge Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,062

Year Built

Built in 2021

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2021
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6158385412
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), High Speed Internet
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Laminate
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 598
  • Building Area Units: Square Feet
  • Living Area: 598
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Hardboard Siding
  • Patio And Porch Features: Covered Porch
  • Pool Private: No
  • Roof: Metal
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector(s)
  • Utilities: Water Available, Cable Connected

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee: 100
  • Association #2 Fee: 250
  • Association #2 Fee Frequency: One Time
  • Association Fee Frequency: Monthly
  • Amenities: Gated, Playground, Pool, Underground Utilities, Trail(s)
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Features: Sloped
  • Lot Size Acres: 0.36
  • Lot Size: 15,682
  • Lot Size Units: Acres
  • Parcel #: 102J E 12500 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1062

MLS Schools

  • Elementary School: Tracy Elementary
  • High School: Grundy Co High School
  • Middle Or Junior School: Tracy Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2025
Sold by
Jhu Investments Llc
Bought by
Jhu Real Estate Llc
Current Estimated Value
$223,096

Purchase Details

Listed on
Jul 24, 2024
Closed on
Aug 16, 2024
Sold by
Basma Property Group Llc
Bought by
Jhu Investments Llc
Seller's Agent
Ellie Pratt
Benchmark Realty, LLC
Buyer's Agent
Chip Hayes
Retreat Properties LLC
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.19%

Purchase Details

Closed on
Jul 12, 2023
Sold by
Basma Property Group Llc
Bought by
Thomson David Peter and Thomson Krystal Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
6.79%
Mortgage Type
New Conventional
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
Jhu Real Estate Llc -- None Listed On Document
Jhu Investments Llc $200,000 Highland Title
Thomson David Peter $395,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomson David Peter $296,250
Previous Owner Basma Properly Group Llc $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $200,000 -11.1% $334 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $225,000 -- $376 / Sq Ft
Source: Realtracs

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 $1,153 $64,225 $6,050 $58,175
2023 $1,153 $64,225 $6,050 $58,175
2022 $1,063 $37,775 $3,950 $33,825
2021 $1,038 $37,775 $3,950 $33,825
2020 $108 $3,950 $3,950 $0
Source: Public Records

Agents Affiliated with this Home

  • Ellie Pratt

    Seller's Agent in 2024

    Ellie Pratt

    Benchmark Realty, LLC

    (615) 838-5412

    77 Total Sales

    Ellie Pratt
    Section Image
  • Chip Hayes

    Buyer's Agent in 2024

    Chip Hayes

    Retreat Properties LLC

    (615) 927-1413

    7 Total Sales

    Chip Hayes
    Section Image
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Map

Source: Realtracs

MLS Number: 2683207

Realtracs

APN: 031102J E 12500

Tennessee Grundy County Tracy City 37387

225 Waters Edge Way, Tracy City, TN

This home is located at 225 Waters Edge Way, Tracy City, TN 37387 since 24 July 2024 and is currently estimated at $223,096, approximately $373 per square foot. This property was built in 2021. 225 Waters Edge Way is a home located in Grundy County.

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