$660,000
SOLD JUN 26, 2020

272 Russell Ave Spring City, TN 37381

3 Beds
3.5 Baths
1,872 Sq Ft
1.63 Acres

Recently Sold

$353 Per Sq Ft

6% Below List Price

4 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • No HOA
  • Mountain View
  • Engineered Wood Flooring
  • Formal Dining Room

About This Home

As of June 2020

Your own peninsula!!! Experience a gorgeous lakeside panoramic view in this home that sits on approx. 1.63 acres with approx. 700 ft of waterfront. One of a kind find, first time on the market. Walk inside and you will find the living room with cozy wood burning fireplace, kitchen, dining room, spacious master suite with master bath, laundry and powder room. Upstairs you will find 2 guest bedrooms and guest bath. In the basement you have a large workshop and full bath. Every window in this home offers its own unique picturesque water scene of Watts Bar Lake. Have your breakfast on the deck and enjoy your landscaped yard and the gorgeous TN mountains. Bring your boat and your fishing pole to your private dock with electric boat lift. Owner has just installed a new retaining wall ($40K). This truly is one of the nicest lake lots in this area!!

Last Agent to Sell the Property

Anneke Wilkey

Coldwell Banker Pryor Realty License #304812 Listed on: 05/20/2020

Coldwell Banker Pryor Realty

Last Buyer's Agent

Grace Edrington

Berkshire Hathaway HomeServices J Douglas Properties License #291147

Berkshire Hathaway HomeServices J Douglas Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,534

Year Built

  • Built in 1990

Lot Details

  • 1.63 Acre Lot
  • Cul-De-Sac
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,872 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Formal Dining Room
  • Mountain Views
  • Unfinished Basement

Kitchen

  • <<microwave>>
  • Dishwasher

Flooring

  • Engineered Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • <<tubWithShowerToken>>

Outdoor Features

  • Deck
  • Patio
  • 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
  • Torbett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 038j A 007.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,534

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.63
  • Lot Size: 400 X 320M IRR
  • Subdivision Name: Torbett
  • Directions: From office, take Hwy 27 N, turn right on Hwy 68, turn left on Wolf Creek Rd, turn left on Torbett, turn left on Russell Ave. Property is at end of the road.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 1872.0
  • New Construction: No
  • Year Built: 1990
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 038j A 007.00
  • 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: 2533.83
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 1
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 1.63
  • General Property Information Lot Size Square Feet2: 71002.8
  • General Property Information Lot Size Dimensions: 400 X 320M IRR
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Utilities:Electricity Available: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Flooring:Carpet: Yes
  • Interior Features Tub Shower Combo: Yes
  • Roof:Shingle: Yes
  • Foundation Details Block2: Yes
  • View:Mountain(s): Yes
  • Interior Features Separate Dining Room: Yes
  • Flooring:Vinyl: Yes
  • Flooring Engineered Hardwood: Yes
  • Water Source:Well: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Dishwasher
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Open Floorplan, Separate Dining Room, Tub/shower Combo
  • Window Features: Vinyl Frames
  • Basement:Unfinished: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Open Floorplan: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Vinyl Frames: Yes
  • Lot Features:Level: Yes
  • Lot Features:Cul-De-Sac: Yes

Garage/Parking

  • Attached Garage: Yes
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: Yes

Utilities

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

  • Lot Size Sq Ft: 71002.8
  • Additional Parcels: No
  • Parcel #: 038j A 007.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2533.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Jun 26, 2020
Sold by
Hicks L Leon L and Hicks Nancy W
Bought by
Edrington James Douglas and Edrington Laura A
Seller's Agent
Anneke Wilkey
Coldwell Banker Pryor Realty
Buyer's Agent
Grace Edrington
Berkshire Hathaway HomeServices J Douglas Properties
List Price
$699,900
Sold Price
$660,000
Premium/Discount to List
-$39,900
-5.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.18%
Original Mortgage
$510,400
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 1973
Bought by
Hicks Hicks L and Hicks Nancy
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 $660,000 Northshore T&E Llc
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,007,000 New Conventional
Closed $495,300 Credit Line Revolving
Closed $510,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Price Changed $2,000,000 -9.1% $689 / Sq Ft
07/02/2025 07/02/25 For Sale $2,200,000 +233.3% $758 / Sq Ft
06/26/2020 06/26/20 Sold $660,000 -5.7% $353 / Sq Ft
05/24/2020 05/24/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $699,900 -- $374 / 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 $2,481 $184,000 $82,500 $101,500
2023 $2,829 $125,475 $75,000 $50,475
2022 $2,803 $124,325 $75,000 $49,325
2021 $2,803 $124,325 $75,000 $49,325
2020 $2,686 $124,325 $75,000 $49,325
2019 $2,534 $112,375 $75,000 $37,375
2018 $2,415 $109,925 $75,000 $34,925
2017 $2,416 $110,000 $75,000 $35,000
2016 $2,416 $110,000 $75,000 $35,000
2015 $2,306 $110,000 $75,000 $35,000
2014 $2,306 $110,000 $75,000 $35,000
2013 -- $110,000 $75,000 $35,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1318153

Greater Chattanooga REALTORS®

APN: 038J-A-007.00