NOT LISTED FOR SALE

234 W Rhea Ave Spring City, TN 37381

Estimated Value: $221,000 - $279,000

4 Beds
2 Baths
2,005 Sq Ft
$127/Sq Ft Est. Value

Last Sold March 19, 2015

Last sale price $99,900 $50 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $1,423/month

214 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • No HOA
  • Main Floor Primary Bedroom
  • Corner Lot
  • Formal Dining Room

About This Home

As of March 2015

Remodeled Historical beauty in Downtown Spring City!! Updates include newer roof, new 4 ton HVAC unit, electric hot water heater, new insulation and updated wiring. The main level offers 2 bedroom, 2 full baths, large updated kitchen with Island bar and sitting area, separate laundry room with outside entrance. Spacious Living room with electric fireplace, formal dining room and lovely staircase to the 2nd floor offering 2 bedrooms with electric fireplaces, bonus room perfect for office, play room or extra bedroom. Beautiful hardwood flooring throughout the home. There is also a detached carport with storage a room or workshop. So close and convenient to everything. Level, corner lot. Call for your showing today!

Last Agent to Sell the Property

Gary Venice

Blue Key Properties Listed on: 06/23/2014

Last Buyer's Agent

Comps Only

COMPS ONLY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $663

Year Built

  • Built in 1903

Lot Details

  • 0.31

Parking

  • 1 Carport Space

Home Design

  • Shingle Roof

Interior Spaces

  • 2,005 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Outbuilding
  • Corner Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Caldwell Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 031H F 013.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$663

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 85 95
  • Subdivision Name: Caldwell
  • Directions: from Spring City to Front Street left on West Rhea. House in on the right, corner of West Rhea and Church St. SOP
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 2005.0
  • New Construction: No
  • Year Built: 1903
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 031H F 013.00
  • Location Tax and Legal Elementary School: Spring City
  • Location Tax and Legal Middle Or Junior School2: Spring City
  • Location Tax and Legal High School: Rhea County High School
  • Location Tax and Legal:Tax Annual Amount: 663.0
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: Yes
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: Yes
  • General Property Information Lot Size Dimensions: 85 95
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • General Property Information Carport Spaces2: 1.0
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Flooring:Hardwood: Yes
  • Roof:Shingle: Yes
  • Interior Features Separate Dining Room: Yes
  • Other Structures:Out Building: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan(s), Primary Downstairs, Separate Dining Room
  • Basement:None3: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Ceiling Fan(s)2: Yes

Exterior Features

  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Other
  • Other Structures: Outbuilding
  • Roof: Shingle
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Carport Spaces: 1.0
  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

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

  • Additional Parcels: No
  • Parcel #: 031H F 013.00

Tax Info

  • Tax Annual Amount: 663.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2014
Closed on
Mar 17, 2015
Sold by
Cortez Investments Grp Inc
Bought by
Davenport Judy
Seller's Agent
Gary Venice
Blue Key Properties
Buyer's Agent
Comps Only
COMPS ONLY
List Price
$119,900
Sold Price
$99,900
Premium/Discount to List
-$20,000
-16.68%
Current Estimated Value
$255,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,314
Avg. Annual Appreciation
9.23%
Original Mortgage
$98,090
Outstanding Balance
$77,072
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$178,142

Purchase Details

Closed on
Jan 8, 2007
Bought by
Cortez Investments Group Inc

Purchase Details

Closed on
May 9, 2000
Sold by
Dean Vera S
Bought by
Garrison Nale Maureen E

Purchase Details

Closed on
Dec 31, 1990
Bought by
Dean Vera S and Garrison Maureen E

Purchase Details

Closed on
Feb 26, 1988
Bought by
Dean Robert D and Dean Vera

Purchase Details

Closed on
Apr 22, 1985
Bought by
Gibson Bess Heirs

Purchase Details

Closed on
Jan 1, 1981

Purchase Details

Closed on
Jan 21, 1946
Bought by
Gibson R B Bess
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
Davenport Judy $99,900 --
Cortez Investments Group Inc $45,000 --
Garrison Nale Maureen E -- --
Dean Vera S -- --
Dean Robert D $35,000 --
Gibson Bess Heirs -- --
-- $15,000 --
Gibson R B Bess -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davenport Judy $98,090
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2015 03/19/15 Sold $99,900 -16.7% $50 / Sq Ft
01/23/2015 01/23/15 Pending -- -- --
06/23/2014 06/23/14 For Sale $119,900 -- $60 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 -- $49,025 $4,525 $44,500
2023 $1,020 $26,675 $2,425 $24,250
2022 $966 $25,575 $2,425 $23,150
2021 $948 $25,575 $2,425 $23,150
2020 $861 $25,575 $2,425 $23,150
2019 $861 $25,575 $2,425 $23,150
2018 $843 $25,500 $4,950 $20,550
2017 $805 $25,500 $4,950 $20,550
2016 $805 $25,500 $4,950 $20,550
2015 $780 $25,500 $4,950 $20,550
2014 $505 $24,100 $3,600 $20,500
2013 -- $24,100 $3,600 $20,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1213048

Greater Chattanooga REALTORS®

APN: 031H-F-013.00