272 Russell Ave Spring City, TN 37381
3
Beds
3.5
Baths
1,872
Sq Ft
1.63
Acres
Highlights
- Docks
- No HOA
- 2 Car Attached Garage
- Deck
- Porch
- Walk-In Closet
About This Home
As of June 2020Your own peninsula!!! Experience a gorgeous lakeside panoramic view in this home that sits on approx 1.63 acres with approx 700ft of waterfront. One of a kind find,first time on the market. Inside 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 lot in this area!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,416
Year Built
- Built in 1990
Lot Details
- 1.63 Acre Lot
- Lot Dimensions are 400x320
- Level Lot
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- Shingle Roof
Interior Spaces
- 1,872 Sq Ft Home
- Property has 3 Levels
- Ceiling Fan
- Fire and Smoke Detector
- Property Views
Kitchen
- Microwave
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Outdoor Features
- Docks
- Deck
- Porch
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
- Torbett Amended Subdivision
Listing and Financial Details
- Assessor Parcel Number 038J A 00700 000
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
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
5.18%
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
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Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | Price Changed | $1,850,000 | -7.5% | $637 / Sq Ft |
| 07/18/2025 07/18/25 | Price Changed | $2,000,000 | -9.1% | $689 / Sq Ft |
| 07/11/2025 07/11/25 | For Sale | $2,200,000 | +233.3% | $758 / Sq Ft |
| 06/26/2020 06/26/20 | Sold | $660,000 | -5.7% | $353 / Sq Ft |
| 06/26/2020 06/26/20 | Pending | -- | -- | -- |
| 05/20/2020 05/20/20 | For Sale | $699,900 | -- | $374 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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
-
Seller's Agent in 2025
Grace Edrington
Berkshire Hathaway J Douglas Properties
(423) 280-2865
2,592 Total Sales
-
G
Seller Co-Listing Agent in 2025
George Edrington
Berkshire Hathaway J Douglas Properties
140 Total Sales
Map
Source: Realtracs
MLS Number: 2956154
APN: 038J-A-007.00
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