NOT LISTED FOR SALE

291 Summerfield Ln Dayton, TN 37321

Estimated Value: $276,000 - $343,000

1.44 Acres
$216,438 Price per Acre
62,726 Sq Ft Lot

Last Sold September 03, 2021

Last sale price $232,000

Est. 34% increase in value since last sale

Current estimated payment $1,719/month

7 Days on Market

About This Lot

As of September 2021

This is your chance for a riverfront acreage! This listing is for 1.44 acres of cleared land in the gorgeous Summerfield community in Dayton TN on the Tennessee River. The lot is about as level as you will find for land with water frontage. From the road to the water is a well tended, grassy field, ripe for construction with 229 feet of water frontage. The lot is said to be dockable, but an application and approval would be necessary through TVA. Many homes in this neighborhood already have docks and permits. This is the link for a dock permit application: https://www.tva.com/environment/shoreline-construction-permits/application-instructions. Come out and see where your dream home will one day be!

Last Agent to Sell the Property

Adam Hammond

Bender Realty License #333299 Listed on: 07/23/2021

Bender Realty

Last Buyer's Agent

Grace Edrington

Berkshire Hathaway J Douglas Properties License #291147

Berkshire Hathaway J Douglas Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $733

Lot Details

  • 1.44 Acre Lot
  • Lot Dimensions are 229x387x545x109
  • River Front

HOA Fees

  • $2 Monthly HOA Fees

Schools

  • Frazier K-5 Elementary School
  • Rhea Middle School
  • Rhea County High School

Additional Features

  • Water Views
  • Septic Tank

Community Details

  • Summerfield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 098I A 027

Property Details

Property Type

Land

Est. Annual Taxes

$733

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.44
  • Lot Size: 229x387x545x109
  • Water Body Name: Tennessee
  • Subdivision Name: Summerfield
  • Directions: From Intersection of Hwy 60 & Hwy 27 (Rhea County Hwy), turn onto Rhea Co Hwy towards Spring City, turn right onto Old Washington Hwy, turn right onto Double S Road, keep left onto Double S Road, .2 miles turn right onto Double S Road, keep left on Double S Road, turn right onto Fisher Road, turn, turn left onto Summerfield Lane, property on the left.
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • View: Water
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Other Structures: None
  • Lot Features:Waterfront2: Yes
  • Waterfront Features:River Front: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Water Available, Electricity Available
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 20.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 20.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Elementary School: Frazier K-5
  • High School: Rhea County
  • Middle Or Junior School: Rhea

Lot Info

  • Lot Size Sq Ft: 62726.4
  • Parcel #: 098I A 027
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 732.81
  • Tax Book Number: 485

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2022
Sold by
Grant Leigh Anne and Grant James M
Bought by
Narva John R and Noell Lynda J
Current Estimated Value
$311,670

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 1, 2021
Sold by
Carver Garrett Blake
Bought by
Grant Leigh Anne and Grant James Melvin
Seller's Agent
Adam Hammond
Bender Realty
Buyer's Agent
Grace Edrington
Berkshire Hathaway J Douglas Properties
Sold Price
$232,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$220,400
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2020
Sold by
Scissom Claude T
Bought by
Carver Garrett Blake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 18, 2005
Bought by
Scissom Claude T

Purchase Details

Closed on
Apr 27, 2004
Bought by
Tcb Properties Gp
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
Narva John R $260,000 Title Insurance Company
Grant Leigh Anne $232,000 Northshore T&E Llc
Carver Garrett Blake $195,000 None Available
Scissom Claude T $130,000 --
Tcb Properties Gp $2,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grant Leigh Anne $220,400
Previous Owner Carver Garrett Blake $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2021 09/03/21 Sold $232,000 -- --
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 $843 $62,500 $62,500 $0
2023 $733 $32,500 $32,500 $0
2022 $733 $32,500 $32,500 $0
2021 $733 $32,500 $32,500 $0
2020 $733 $32,500 $32,500 $0
2019 $733 $32,500 $32,500 $0
2018 $714 $32,500 $32,500 $0
2017 $714 $32,500 $32,500 $0
2016 $714 $32,500 $32,500 $0
2015 $681 $32,500 $32,500 $0
2014 $681 $32,500 $32,500 $0
2013 -- $32,500 $32,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: River Counties Association of REALTORS®

MLS Number: 20214341

River Counties Association of REALTORS®

APN: 098I-A-027.00