NOT LISTED FOR SALE

306 Laurel Dr Spring City, TN 37381

Estimated Value: $304,000 - $325,000

3 Beds
2 Baths
2,747 Sq Ft
$115/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $218,000 $79 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,784/month

2 Days on Market

Highlights

  • Valley View
  • Covered Patio or Porch
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring
  • Ceiling Fan

About This Home

As of August 2021

This one is calling your name!!! This approx 2747sq ft adorable home offers 3BR/2BA with a finished basement. The kitchen offers lots of cabinetry and all kitchen appliances remain. The gas fireplace in the living room will be your perfect spot to hang out in the winter months. The living room leads to a formal dining which is currently used as a family den. The spacious primary suit leads to the updated master bath. You will also find 2 more guest rooms and guest bath on the main level. Downstairs you will find the perfect spot to have a recreation room, man cave, office, you name it, ...the possibilities are endless. You will also find workshop/storage area that leads to the triple carport. Enjoy the TN mountains from inside your home or your front porch. Back yard is fenced, perfect for kids or pets. Minutes to downtown Spring City and Watts Bar. Make your appointment today before it is gone!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,472

Year Built

  • Built in 1976

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 120x225

Home Design

  • Shingle Roof

Interior Spaces

  • 2,747 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Gas Fireplace
  • Valley Views
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces
  • Driveway

Schools

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

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Woodmore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 037H D 01000 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,472

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1976
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Dishwasher, Refrigerator
  • Fireplace Features: Gas
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Building Area Units: Square Feet
  • Living Area: 2747
  • Living Area Units: Square Feet

Exterior Features

  • Patio And Porch Features: Porch, Covered
  • Pool Private: No
  • Roof: Shingle
  • View: Valley
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 3
  • Carport Y N: Yes
  • Covered Parking Spaces: 3
  • Garage Yn: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 3

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.61
  • Lot Size: 120x225
  • Lot Size Units: Acres
  • Parcel #: 037H D 01000 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1472

MLS Schools

  • Elementary School: Spring City Elementary
  • High School: Rhea County High School
  • Middle Or Junior School: Spring City Middle School

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Aug 16, 2021
Sold by
Melancon Steven A and Melancon Stephanie L
Bought by
Short Joshua Alan and Short Charlsie L
List Price
$219,900
Sold Price
$218,000
Premium/Discount to List
-$1,900
-0.86%
Current Estimated Value
$315,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,796
Avg. Annual Appreciation
9.22%
Original Mortgage
$218,000
Outstanding Balance
$198,230
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$117,566

Purchase Details

Listed on
Jul 24, 2017
Closed on
Jul 27, 2018
Sold by
Hager Amy D and Ewing James A
Bought by
Melancon Steven A and Melancon Stephanie L
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%
Original Mortgage
$162,005
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 6, 2016
Sold by
Garrison Mary Sue F
Bought by
Hager Amy D and Ewing James A

Purchase Details

Closed on
Aug 3, 1979
Bought by
Garrison James M and Garrison Mary F

Purchase Details

Closed on
Jan 1, 1979
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
Short Joshua Alan $218,000 Title Insurance Company
Melancon Steven A $165,000 None Available
Hager Amy D -- --
Garrison James M -- --
-- $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Short Joshua Alan $218,000
Previous Owner Melancon Steven A $162,005
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2021 08/16/21 Sold $218,000 -0.9% $79 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $219,900 +33.3% $80 / Sq Ft
07/27/2018 07/27/18 Sold $165,000 0.0% $78 / Sq Ft View Prior Sale
06/21/2018 06/21/18 Pending -- -- --
07/24/2017 07/24/17 For Sale $165,000 -- $78 / 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 -- $76,975 $7,825 $69,150
2023 $1,571 $41,075 $3,125 $37,950
2022 $1,550 $41,075 $3,125 $37,950
2021 $1,522 $41,075 $3,125 $37,950
2020 $1,382 $41,075 $3,125 $37,950
2019 $1,382 $41,075 $3,125 $37,950
2018 $1,245 $37,650 $3,125 $34,525
2017 $1,200 $37,650 $3,125 $34,525
2016 $1,200 $38,025 $3,125 $34,900
2015 $1,162 $38,025 $3,125 $34,900
2014 $797 $38,025 $3,125 $34,900
2013 -- $38,025 $3,125 $34,900
Source: Public Records

Map

Source: Realtracs

MLS Number: 2955889

Realtracs

APN: 037H-D-010.00