NOT LISTED FOR SALE

227 Ruth Rd Spring City, TN 37381

Estimated Value: $177,000 - $381,000

5.6 Acres
$53,681 Price per Acre
243,936 Sq Ft Lot

Last Sold July 21, 2017

Last sale price $25,000 $20 Per Sq Ft

Est. 1,102% increase in value since last sale

Current estimated payment $1,622/month

645 Days on Market

Highlights

  • 5.6 Acre Lot
  • No HOA
  • Level Lot

About This Lot

As of July 2017

5.60 ac +/- in nice lake subdivision offering a community lake access. Property is level and unspoiled. More property can be bought with this listing contact the listing agent for more information.

Last Agent to Sell the Property

Melanie Reynolds

Coldwell Banker Pryor Realty, Inc. Listed on: 10/01/2015

Last Buyer's Agent

Melanie Reynolds

Coldwell Banker Pryor Realty, Inc. Listed on: 10/01/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $488

Lot Details

  • 5.6 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Level Lot
  • Irregular Lot
  • Cleared Lot

Schools

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

Utilities

  • No Utilities

Community Details

  • No Home Owners Association
  • Yarger Association
  • Estes Wood Ests Subdivision

Listing and Financial Details

  • Assessor Parcel Number 31e C 031.00

Property Details

Property Type

Land

Est. Annual Taxes

$488

Lot Details

5.6 Acres

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 5.6
  • Lot Size: 5.60
  • Road Frontage Type: County Road
  • Subdivision Name: Estes Wood Ests
  • Directions: Hwy 27 north, right at second traffic light in Spring City, stay left on Toestring Road, right on Rhea Springs Road, right on Ruth Road property on the left. SOP
  • Location Tax and Legal Parcel Number2: 31e C 031.00
  • Location Tax and Legal Elementary School: Spring City
  • Location Tax and Legal High School: Rhea County High School
  • Location Tax and Legal:Tax Annual Amount: 488.0
  • General Property Information Lot Size Acres: 5.6
  • General Property Information Lot Size Square Feet2: 243936.0
  • General Property Information Lot Size Dimensions: 5.60
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • Remarks and Miscellaneous Public Remarks2: 5.60 ac +/- in nice lake subdivision offering a community lake access. Property is level and unspoiled. More property can be bought with this listing contact the listing agent for more information.
  • Location Tax and Legal Middle or Junior School: Spring City
  • General Property Information Flood Zone YN2: No
  • Lot Features Rural: Yes
  • Road Frontage Type County Road: Yes
  • Utilities None28: Yes
  • Status Change Information Association Name 2: Yarger
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, Irregular Lot, Level, Rural, Will Not Divide
  • View: No
  • Waterfront: No
  • Other Structures: None
  • Lot Features:Level: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Irregular Lot: Yes

Utilities

  • Utilities: None

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 243936.0
  • Parcel #: 31e C 031.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 488.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2012
Sold by
Kabel Christian E
Bought by
Mcgainey Ronald J
Current Estimated Value
$300,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$34,652
Interest Rate
3.83%
Mortgage Type
Commercial
Estimated Equity
$265,961

Purchase Details

Closed on
May 18, 2012
Bought by
Mcgainey Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$34,652
Interest Rate
3.83%
Mortgage Type
Commercial
Estimated Equity
$265,961

Purchase Details

Closed on
Mar 13, 2001
Sold by
Kabel Hans J and Kabel Kathleen
Bought by
Kabel Christian E

Purchase Details

Closed on
Sep 9, 1991
Bought by
Kabel Hans

Purchase Details

Closed on
May 17, 1976
Bought by
Kabel Arthur and Kabel Salomia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcgainey Ronald J $70,746 --
Mcgainey Ronald J $70,700 --
Kabel Christian E -- --
Kabel Hans $50,000 --
Kabel Arthur -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgainey Ronald J $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2017 07/21/17 Sold $25,000 0.0% $20 / Sq Ft
07/21/2017 07/21/17 Sold $25,000 -37.3% $20 / Sq Ft View Prior Sale
07/07/2017 07/07/17 Pending -- -- --
10/01/2015 10/01/15 For Sale $39,900 -- $31 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $935 $69,300 $18,000 $51,300
2024 $935 $69,300 $18,000 $51,300
2023 $936 $41,525 $16,475 $25,050
2022 $935 $41,475 $16,475 $25,000
2021 $935 $41,475 $16,475 $25,000
2020 $878 $41,475 $16,475 $25,000
2019 $878 $38,925 $16,475 $22,450
2018 $806 $36,675 $16,475 $20,200
2017 $800 $36,675 $16,475 $20,200
2016 $800 $36,425 $16,475 $19,950
2015 $764 $36,425 $16,475 $19,950
2014 $655 $36,425 $16,475 $19,950
2013 -- $36,425 $16,475 $19,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1235356

Greater Chattanooga REALTORS®

APN: 031E-C-030.00

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