PENDING
$51K PRICE DROP
240 Spring Cove Ln Spring City, TN 37381
Estimated payment $5,148/month
Total Views
5,100
4
Beds
3
Baths
3,330
Sq Ft
$270
Price per Sq Ft
Highlights
- Lake Front
- Lake On Lot
- Deck
- Boat Slip
- Open Floorplan
- Stationary Dock
About This Home
This stunning 12-year-old lake house at 240 Spring Cove Ln. in Spring City, TN, offers the perfect blend of comfort, style, and waterfront living. With 4 spacious bedrooms and 3 full bathrooms spread over 3,330 square feet, this home is designed for both relaxation and entertaining. The heart of the home features an open floor plan with a cozy gas fireplace, perfect for cool evenings. Two screened-in porches and a spacious deck overlook the serene waters, offering breathtaking views and a perfect space to unwind. Whether you're hosting guests or enjoying a quiet moment, this home has it all. A standout feature of this property is the custom-covered boat dock, complete with a 6,000 lb boat lift, giving you direct access to the lake. The large, gently sloping yard leads down to the water's edge, creating an ideal setting for outdoor activities and gatherings.For added convenience, the lower level includes an in-law apartment, offering privacy for guests or extended family. The home boasts two driveways—one leading to a two-car garage on the main level, and another to a third utility garage on the lower level, providing plenty of storage for lake toys, tools, and more. This meticulously maintained home is truly turn-key, ready to make the most of the upcoming lake season. Whether you're relaxing at the water's edge or entertaining in your expansive yard, this lake house offers an unmatched lifestyle. Don't miss out on this incredible opportunity to own your dream lakefront property. Schedule your showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,707
Year Built
- Built in 2013
Lot Details
- Lake Front
- Home fronts navigable water
- Property fronts a county road
- Rural Setting
- Irregular Lot
- Gentle Sloping Lot
- Cleared Lot
- Few Trees
- Private Yard
- Back Yard
Parking
- 2 Car Attached Garage
- Parking Available
- Front Facing Garage
- Garage Door Opener
- Driveway
- Off-Street Parking
Home Design
- Brick Veneer
- Block Foundation
- Shingle Roof
- Asphalt Roof
- Vinyl Siding
- Block And Beam Construction
- Stone
Interior Spaces
- 1-Story Property
- Open Floorplan
- Central Vacuum
- Cathedral Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Double Pane Windows
- Insulated Windows
- Window Treatments
- Window Screens
- Great Room with Fireplace
- Breakfast Room
- Game Room with Fireplace
- Screened Porch
- Water Views
- Fire and Smoke Detector
- Finished Basement
Kitchen
- Free-Standing Gas Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Disposal
Flooring
- Engineered Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Bathroom
- Walk-In Closet
- 3 Full Bathrooms
- Soaking Tub
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Washer and Electric Dryer Hookup
Outdoor Features
- Boat Slip
- Stationary Dock
- Lake On Lot
- Balcony
- Deck
- Screened Patio
- Rain Gutters
Schools
- Spring City Elementary School
- Spring City Elementary & Middle School
- Rhea County High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Gas Available
- Electric Water Heater
- Septic Tank
- High Speed Internet
Community Details
- No Home Owners Association
- Spring Cove Subdivision
Listing and Financial Details
- Assessor Parcel Number 031l A 003.00
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,707 | $200,700 | $42,500 | $158,200 |
| 2023 | $2,744 | $121,675 | $25,000 | $96,675 |
| 2022 | $2,735 | $121,275 | $25,000 | $96,275 |
| 2021 | $2,735 | $121,275 | $25,000 | $96,275 |
| 2020 | $2,735 | $121,275 | $25,000 | $96,275 |
| 2019 | $2,735 | $121,275 | $25,000 | $96,275 |
| 2018 | $2,548 | $115,975 | $27,500 | $88,475 |
| 2017 | $2,088 | $115,975 | $27,500 | $88,475 |
| 2016 | $2,088 | $95,050 | $27,500 | $67,550 |
| 2015 | $1,993 | $95,050 | $27,500 | $67,550 |
| 2014 | $1,993 | $95,050 | $27,500 | $67,550 |
| 2013 | -- | $95,050 | $27,500 | $67,550 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/03/2025 05/03/25 | Pending | -- | -- | -- |
| 04/14/2025 04/14/25 | Price Changed | $899,000 | -3.3% | $270 / Sq Ft |
| 03/29/2025 03/29/25 | Price Changed | $929,900 | -2.1% | $279 / Sq Ft |
| 03/14/2025 03/14/25 | For Sale | $949,900 | -- | $285 / Sq Ft |
Source: Greater Chattanooga REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $875,000 | Renaissance Title And Escrow | |
| Warranty Deed | $875,000 | Renaissance Title And Escrow | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $112,500 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $95,000 | Unknown | |
| Previous Owner | $50,000 | New Conventional | |
| Previous Owner | $286,000 | New Conventional | |
| Previous Owner | $280,000 | Commercial |
Source: Public Records
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Source: Greater Chattanooga REALTORS®
MLS Number: 1509068
APN: 031L-A-003.00
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