NOT LISTED FOR SALE

285 Laurel Dr Spring City, TN 37381

Estimated Value: $326,000 - $360,000

3 Beds
1.5 Baths
1,793 Sq Ft
$189/Sq Ft Est. Value

Last Sold February 03, 2016

Last sale price $131,750 $73 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $1,904/month

126 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Cathedral Ceiling
  • Open Floorplan
  • Deck
  • Wood Flooring

About This Home

As of February 2016

Summer Fun with In-Ground Pool and Brand New Deck for Cookouts and Winter Fun Snuggling Up Around the Stack Stone Fireplace!! Remodeled, 1793 +/- Sq. Ft., Three Bedroom, One and Half Bath, Attached Carport, Full Basement with Utility Garage, Work Shop and Plenty of Room for Expansion or Storage and the Added Bonus of an Extra Lot!! Just a few of the many updates are: New Roof with 30 year architectural shingles, all walls and ceilings freshly painted, new flooring, new stove, dishwasher and refrigerator, remodeled master bath with new tile around jetted tub, new pump for the pool, new deck overlooking the in ground pool for those summer cookouts and so much more!! Outside features mature landscaping, in-ground pool and scenic views. Location is across the street from Watts Bar Lake and less than 2 miles to town! Make this HOME and start planning those pool parties and cookouts!!

Last Agent to Sell the Property

Teresa Young

RE/MAX R. E. Professionals Listed on: 08/06/2015

Last Buyer's Agent

Comps Only

COMPS ONLY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,237

Year Built

  • Built in 1977

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 240x175

Parking

  • 1 Car Garage
  • Basement Garage

Home Design

  • Shingle Roof
  • Stone

Interior Spaces

  • 1,793 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Great Room
  • Living Room
  • Dining Room
  • Mountain Views
  • Basement
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Free-Standing Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Phone Available

Community Details

  • No Home Owners Association
  • Woodmore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 037h D 013.00 014.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,237

Year Built

Built in 1977

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Lot Size: 240x175
  • Subdivision Name: Woodmore
  • Directions: Take Hwy. 60 to Hwy. 27 in Dayton, Take a Right on Hwy. 27N to Spring City, Right on New Lake Road (by McDonalds) to Right on Laurel Drive, home on left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 1793.0
  • New Construction: No
  • Year Built: 1977
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 037h D 013.00 014.00
  • 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: 1237.16
  • Location Tax and Legal Additional Parcels YN: No
  • 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: 1.0
  • General Property Information Lot Size Square Feet2: 1.0
  • General Property Information Lot Size Dimensions: 240x175
  • 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
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • View:Mountain(s): Yes
  • Flooring:Linoleum: Yes
  • Pool Features In Ground: Yes
  • Brick and Stone Features Partial Stone: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Free-Standing Electric Range, Electric Water Heater, Dishwasher
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Linoleum, Tile
  • Interior Amenities: Cathedral Ceiling(s), Open Floorplan, Primary Downstairs
  • Window Features: Insulated Windows, Vinyl Frames
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Community Features:None4: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Cathedral Ceiling(s): Yes

Exterior Features

  • Pool Features: In Ground
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Stone, Other
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Vinyl Frames: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Basement
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Basement: Yes

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Phone Available, Underground Utilities
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: None
  • 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: 1.0
  • Additional Parcels: No
  • Parcel #: 037h D 013.00 014.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1237.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2015
Closed on
Jan 26, 2016
Sold by
Valley Home Brokers Inc
Bought by
Bilbrey Kevin Paul
Seller's Agent
Teresa Young
RE/MAX R. E. Professionals
Buyer's Agent
Comps Only
COMPS ONLY
List Price
$137,500
Sold Price
$131,750
Premium/Discount to List
-$5,750
-4.18%
Current Estimated Value
$338,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,993
Avg. Annual Appreciation
10.17%
Original Mortgage
$135,475
Outstanding Balance
$108,068
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$230,675

Purchase Details

Listed on
Jun 5, 2014
Closed on
Oct 14, 2014
Sold by
Jpmorgan Chase Bank National A
Bought by
Valley Home Brokers Inc
Seller's Agent
Greg Travis
Coldwell Banker Pryor Realty
Buyer's Agent
Teresa & Robert Young
ERA Blue Key Properties
List Price
$84,100
Sold Price
$80,000
Premium/Discount to List
-$4,100
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.66%
Original Mortgage
$103,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2014
Sold by
Lee Kelly J
Bought by
Jpmorgan Chase Bank National A

Purchase Details

Closed on
Jun 3, 2005
Bought by
Lee Kelly J

Purchase Details

Closed on
May 18, 2004
Bought by
Kelly Lee

Purchase Details

Closed on
Aug 1, 2003
Bought by
Kelly Lee

Purchase Details

Closed on
Jul 2, 2002
Sold by
Wade Reed Chadwick
Bought by
Benedict Donald L Trustee

Purchase Details

Closed on
Mar 6, 2000
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wade Reed Chadwick

Purchase Details

Closed on
Sep 2, 1995
Bought by
Cook Christopher L and Cook Stephanie L

Purchase Details

Closed on
Apr 30, 1991
Bought by
Hardy Herman A and Hardy Barbara L

Purchase Details

Closed on
Oct 6, 1970
Bought by
Gallaway Gallaway H and Gallaway Mary G
Source: Public Records

Range of Values:

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Average Value
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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
Bilbrey Kevin Paul $131,800 --
Bilbrey Kevin Paul $131,750 --
Valley Home Brokers Inc $80,000 --
Jpmorgan Chase Bank National A $81,435 --
Lee Kelly J -- --
Kelly Lee -- --
Kelly Lee -- --
Benedict Donald L Trustee -- --
Wade Reed Chadwick -- --
Cook Christopher L $7,000 --
Hardy Herman A $6,500 --
Gallaway Gallaway H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bilbrey Kevin Paul $135,475
Previous Owner Valley Home Brokers Inc $103,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2016 02/03/16 Sold $131,750 0.0% $73 / Sq Ft
01/31/2016 01/31/16 Sold $131,750 0.0% $73 / Sq Ft View Prior Sale
01/31/2016 01/31/16 Sold $131,750 +4.6% $73 / Sq Ft View Prior Sale
12/10/2015 12/10/15 Pending -- -- --
12/10/2015 12/10/15 Pending -- -- --
11/12/2015 11/12/15 For Sale $125,900 -8.4% $70 / Sq Ft
08/06/2015 08/06/15 For Sale $137,500 +71.9% $77 / Sq Ft
10/22/2014 10/22/14 Sold $80,000 -4.9% $45 / Sq Ft View Prior Sale
08/22/2014 08/22/14 Pending -- -- --
06/04/2014 06/04/14 For Sale $84,100 -- $47 / 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 -- $80,750 $6,250 $74,500
2023 $1,567 $40,975 $2,500 $38,475
2022 $1,549 $41,025 $2,500 $38,525
2021 $1,520 $41,025 $2,500 $38,525
2020 $1,380 $41,025 $2,500 $38,525
2019 $1,380 $41,025 $2,500 $38,525
2018 $1,284 $38,850 $2,500 $36,350
2017 $1,199 $38,850 $2,500 $36,350
2016 $1,199 $37,975 $2,500 $35,475
2015 $1,161 $37,975 $2,500 $35,475
2014 $796 $37,975 $2,500 $35,475
2013 -- $37,975 $2,500 $35,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1228758

Greater Chattanooga REALTORS®

APN: 037H-D-013.00