$165,000
SOLD JAN 13, 2023

242 Lake Hills Cir Spring City, TN 37381

4 Beds
2 Baths
1,560 Sq Ft
0.51 Acres

Recently Sold

$106 Per Sq Ft

1 Day on Market

Highlights

  • Deck
  • No HOA
  • Fireplace
  • Wood Burning Stove
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of June 2025

Welcome to 242 Lake Hills Circle located in beautiful Spring City, Tennessee. Built in 1977, this home features 4 bedrooms and two full bathrooms. This all one level home is perfect for a first time homebuyer, someone looking to downsize, or have as their first investment property. The home has terrific bones but is in need of updates. As you enter the home, you will notice the large covered front porch, abundance of natural light and traditional floor plan. Right around the corner from the marina and situated on over half an acre, this property features a level yard and all the privacy you could need. All of this value for an incredible price. Schedule your private showing today!

Last Agent to Sell the Property

Sean Smith

Keller Williams Realty - Chattanooga - Washington St License #335342 Listed on: 11/14/2022

Keller Williams Realty - Chattanooga - Washington St

Last Buyer's Agent

Austin Sizemore

eXp Realty, LLC License #342956

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $679

Year Built

  • Built in 1977

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 109.74 x 148
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • Fireplace
  • Wood Burning Stove
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lake Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 037i A 019.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$679

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Lot Size: 109.74 X 148
  • Subdivision Name: Lake Hills
  • Directions: Take Hwy 27N, turn right on Hwy 60, turn left on New Lake Rd, turn right on Lake Hills Lane, turn left on Lake Hills Lane, turn right on Lake Hills Circle, turn left to stay on Lake Hills Circle. Property on right.
  • Carport Y N: Yes
  • Garage Yn: No
  • Year Built: 1977
  • General Property Information:Living Area2: 1560.0
  • Appliances Refrigerators: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Eat-in Kitchen
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Living Area: 1560.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Oven: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Fireplace Features:Wood Burning Stove: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Level
  • View: None
  • Construction Type: Brick, Wood Siding
  • Patio And Porch Features: Covered, Deck, Porch
  • Lot Features:Level: Yes
  • Patio And Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Covered: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Parking Features: Concrete, Driveway
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Concrete3: Yes

Utilities

  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • Sewer: Septic Tank
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 22215.6
  • Parcel #: 037i A 019.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 678.69
  • Tax Book Number: 484

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
10.83%

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
24.44%
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: River Counties Association of 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 $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: River Counties Association of REALTORS®

MLS Number: 20228238

River Counties Association of REALTORS®

APN: 037I-A-019.00