NOT LISTED FOR SALE

2645 New Lake Rd Spring City, TN 37381

Estimated Value: $192,860 - $237,000

3 Beds
1 Bath
998 Sq Ft
$214/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $195,000 $195 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,306/month

48 Days on Market

Highlights

  • Deck
  • No HOA
  • Cooling Available
  • Contemporary Architecture
  • Attached Garage
  • Views

About This Home

As of May 2023

Welcome to your dream home with panoramic rolling mountain views! This beautifully renovated 3 bedroom, 1 bathroom house offers the perfect combination of modern amenities and serene natural surroundings. Located just a short 5-minute walk from the lake and marina, you can easily enjoy kayaking and fishing whenever you want. As you enter the property, the exterior landscaping offers plenty of sunlight for the green thumb gardener. The current owner has planted several fruit trees, including Peach, Apple, Fig, & Apricot trees, making it a perfect space for outdoor gatherings and relaxation. This immaculate home has been entirely re-built from the studs to feature a brand new septic tank, new driveway, a new metal roof only 1 year old with 45 year warranty, a new gutter system with gutter guards, and a reconstructed carport. Inside, you will find all the modern amenities that you could ever ask for, including new energy-efficient Pella windows, a tankless water heater, new central HVAC system, and all new plumbing and electrical. The custom soft-close cabinetry, quartz countertops, and stainless-steel appliances, including a Samsung Smart Things Freestanding Gas Range complete with AirFryer, LG refrigerator, and Whirlpool dishwasher, make the kitchen a chef's delight. The spacious living room lets in ample light as you relax watching the open sky above blanket the valley and mountains below from the comfort of your living room. The large updated bathroom features high-end fixtures and soothing modern aesthetics complemented by a walk-in rain shower. The home renovations have been meticulously considered for the purposes of the homeowner, ensuring that every detail has been thought through. This is not an investors flip, but rather an opportunity for an investor or homeowner to reap the benefits of this well-considered reconstruction. Don't miss out on the chance to make this stunning property your own.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $315

Year Built

  • Built in 1986

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 110x125
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Asphalt Roof

Interior Spaces

  • 998 Sq Ft Home
  • Property has 3 Levels
  • Vinyl Flooring
  • Crawl Space
  • Fire and Smoke Detector
  • Dishwasher
  • Property Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

  • Spring City Middle School
  • Rhea County High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 043 02103 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$315

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1986
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: EXIST
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Open Floorplan, Primary Bedroom Main Floor
  • Appliances: Washer, Refrigerator, Dryer, Dishwasher
  • Fireplace: No
  • Flooring: Vinyl
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 998
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Other
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Roof: Asphalt
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Garage Faces Front

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Natural Gas Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Green Features

  • Efficiency: Water Heater

Lot Info

  • Lot Features: Level, Other
  • Lot Size Acres: 0.3
  • Lot Size: 110x125
  • Lot Size Units: Acres
  • Parcel #: 043 02103 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 315

MLS Schools

  • 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 4, 2021
Closed on
Jun 11, 2021
Sold by
Holquin Anthony J and Webb Erica Mae
Bought by
Holquin Anthony J and Webb Erica Mae
List Price
$65,000
Sold Price
$65,000
Current Estimated Value
$230,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,208
Avg. Annual Appreciation
36.23%

Purchase Details

Listed on
May 4, 2021
Closed on
Jun 9, 2021
Sold by
Holquin Anthony J and Webb Erica Mae
Bought by
Ardelean Claudia and Ardelean Lucian
List Price
$65,000
Sold Price
$65,000

Purchase Details

Closed on
Jul 13, 2020
Sold by
Smith Kimberly K and Estate Of Dawn Renee Williams
Bought by
Holquin Anthony J and Webb Erica Mae

Purchase Details

Closed on
Oct 16, 2012
Bought by
Williams Ralph E

Purchase Details

Closed on
Jun 18, 1998
Sold by
Grueb Charles A
Bought by
Williams Ralph E

Purchase Details

Closed on
Jul 31, 1995
Bought by
Grueb Charles A and Grueb Marianne R

Purchase Details

Closed on
Apr 30, 1992
Bought by
Mccampbell Robert L and Mccampbell Lisa J

Purchase Details

Closed on
Apr 24, 1991
Bought by
Secretary Of Housing Federal Housing Adm

Purchase Details

Closed on
Sep 5, 1989
Bought by
Owens Johnnie and Owens Rita

Purchase Details

Closed on
Jan 1, 1987
Bought by
Morris Claude and Morris Willetta
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Holquin Anthony J -- Cumberland Ttl & Guaranty Co
Ardelean Claudia $65,000 Cumberland Ttl & Guaranty Co
Holquin Anthony J -- None Available
Williams Ralph E -- --
Williams Ralph E $38,000 --
Grueb Charles A $35,000 --
Mccampbell Robert L -- --
Secretary Of Housing Federal Housing Adm -- --
Owens Johnnie $35,800 --
Morris Claude $30,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $195,000 0.0% $195 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $195,000 +200.0% $195 / Sq Ft
07/14/2021 07/14/21 Sold $65,000 0.0% $66 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $65,000 -- $66 / 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 $541 $40,125 $4,000 $36,125
2023 $315 $13,975 $2,725 $11,250
2022 $315 $13,975 $2,725 $11,250
2021 $315 $13,975 $2,725 $11,250
2020 $315 $13,975 $2,725 $11,250
2019 $315 $13,975 $2,725 $11,250
2018 $288 $13,100 $2,300 $10,800
2017 $288 $13,100 $2,300 $10,800
2016 $288 $13,100 $2,300 $10,800
2015 $267 $13,100 $2,300 $10,800
2014 $267 $12,750 $2,300 $10,450
2013 -- $12,750 $2,300 $10,450
Source: Public Records

Map

Source: Realtracs

MLS Number: 2916724

Realtracs

APN: 043-021.03