$124,500
SOLD JUN 25, 2020

242 Lake Hills Cir Spring City, TN 37381

4 Beds
2 Baths
1,560 Sq Ft
0.51 Acres

Recently Sold

$80 Per Sq Ft

8% Below List Price

262 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Level Lot
  • Cooling Available
  • Ceiling Fan
  • Carpet

About This Home

As of June 2025

Welcome home to this adorable ranch home in Lake Hills subdivision! First time home buyers, renters, retirees or even investors will love the price tag of this 4BR/2BA home. Grow a garden in the spacious back yard, rock away the evenings on the front porch. Nestled in a neighborhood of gracious, older homes, full of gentle charm. To see this terrific bargain, call your Realtor today!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $580

Year Built

  • Built in 1977

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 109.74x148
  • Level Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 1,560 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Driveway

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lake Hills Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$580

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1977
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • Attribution Contact: 4235807794
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Refrigerator
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Has Basement: Unfinished
  • Building Area Units: Square Feet
  • Living Area: 1560
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Garage Yn: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Other, Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.51
  • Lot Size: 109.74x148
  • Lot Size Units: Acres
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 580

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2025
Closed on
Jun 5, 2025
Sold by
Johnson Allan
Bought by
Lyons David and Lyons Debra
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%

Purchase Details

Closed on
Feb 18, 2025
Sold by
Hulgan Jeresa and Eveans Maggie
Bought by
Johnson Allan

Purchase Details

Listed on
Nov 14, 2022
Closed on
Jan 13, 2023
Sold by
Carter Robert Quinton and Carter Emma R
Bought by
Sholar Kenneth and Sholar Nature
Seller's Agent
Sean Smith
Keller Williams Realty - Chattanooga - Washington St
Buyer's Agent
Austin Sizemore
eXp Realty, LLC
List Price
$165,000
Sold Price
$165,000
Views
316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.23%
Original Mortgage
$162,011
Interest Rate
6.33%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 20, 2020
Closed on
Jun 25, 2020
Sold by
Anderson N Callie
Bought by
Carter Robert Quinton and Carter Emma R
Seller's Agent
Anneke Wilkey
Coldwell Banker Pryor Realty
Buyer's Agent
Amber Johnson
Real Estate Partners Chattanooga LLC
List Price
$136,000
Sold Price
$124,500
Premium/Discount to List
-$11,500
-8.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Original Mortgage
$125,757
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2018
Sold by
Nix Jeffrey and Anderson Nancy Callie
Bought by
Anderson N Callie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2014
Sold by
Lanum Jeffrey
Bought by
Nix Jeffrey and Nix Nancy

Purchase Details

Closed on
Oct 18, 2007
Bought by
Jeffrey Nix

Purchase Details

Closed on
Feb 4, 1986
Bought by
Linkous Susan

Purchase Details

Closed on
Jan 6, 1978

Purchase Details

Closed on
Apr 12, 1977
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $285,000 Title Insurance Company
Trustee Deed $167,000 None Listed On Document
Warranty Deed $165,000 Bridge City Title
Warranty Deed $124,500 Title Insurance Company
Interfamily Deed Transfer -- Title Insurance Company
Quit Claim Deed -- --
Deed $85,500 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $162,011 FHA
Previous Owner $125,757 New Conventional
Previous Owner $88,000 New Conventional
Previous Owner $87,033 New Conventional
Previous Owner $93,000 No Value Available
Previous Owner $58,600 No Value Available
Previous Owner $22,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Sold $285,000 -4.7% $183 / Sq Ft
05/08/2025 05/08/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $299,000 +81.2% $192 / Sq Ft
01/13/2023 01/13/23 Sold $165,000 0.0% $106 / Sq Ft
12/05/2022 12/05/22 Price Changed $165,000 0.0% $106 / Sq Ft
12/05/2022 12/05/22 For Sale $165,000 -5.7% $106 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
11/14/2022 11/14/22 For Sale $175,000 +40.6% $112 / Sq Ft
06/25/2020 06/25/20 Sold $124,500 0.0% $80 / Sq Ft
06/25/2020 06/25/20 Sold $124,500 -8.5% $80 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
05/17/2020 05/17/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $136,000 0.0% $87 / Sq Ft
10/07/2019 10/07/19 For Sale $136,000 -- $87 / 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 $730 $54,100 $7,200 $46,900
2023 $679 $30,100 $3,450 $26,650
2022 $679 $30,100 $3,450 $26,650
2021 $679 $30,100 $3,450 $26,650
2020 $664 $30,100 $3,450 $26,650
2019 $664 $29,450 $3,450 $26,000
2018 $580 $26,400 $3,450 $22,950
2017 $580 $26,400 $3,450 $22,950
2016 $580 $26,400 $3,450 $22,950
2015 $554 $26,400 $3,450 $22,950
2014 $554 $26,400 $3,450 $22,950
2013 -- $26,400 $3,450 $22,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2956276

Realtracs

APN: 037I-A-019.00