NOT LISTED FOR SALE

338 Key Cove Rd Spring City, TN 37381

Estimated Value: $969,000 - $1,149,000

3 Beds
3 Baths
3,464 Sq Ft
$303/Sq Ft Est. Value

Last Sold April 05, 2023

Last sale price $925,000 $267 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,741/month

6 Days on Market

Highlights

  • Lake Front
  • Wooded Lot
  • No HOA
  • Boat Slip
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of April 2023

Beautiful all brick home nestled in woods on Watts Bar Lake. Situated on 189 ft of water frontage w/ gorgeous view of lake. Has 2 boat/2 jet ski covered slip-recently re-stained dock. Open floor plan in the living area w/ vaulted ceiling & floor to ceiling windows in GR. Features stone gas F/P, walnut mantle & beautiful poplar walls. Open to kitchen with island (w/ice maker), 5 star gas range, double oven (oversized vent), & vast cabinet storage. Anderson & Pella windows. Striking view of lake from both levels. Walk-out bsmt. Office located off Rec Rm w/ full bath & closet. Workshop (w/wall Hvac & full bath)...attached to 2 car garage. Fully dedicated propane gas generator w/ 250 gal tank plus 500 gal tank for home.

Last Agent to Sell the Property

George Snodgrass

Benchmark Realty, LLC License # 215818 Listed on: 03/04/2023

Benchmark Realty, LLC

Co-Listed By

Samantha Hickey

Benchmark Realty, LLC License # 342549

Last Buyer's Agent

Kathy Rohsenberger

Coldwell Banker Kinard Realty License #395776,285071

Coldwell Banker Kinard Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,964

Year Built

  • Built in 2001

Lot Details

  • 0.58 Acre Lot
  • Lake Front
  • Year Round Access
  • Wooded Lot

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • 2 Carport Spaces
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Combination Foundation
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Gas Fireplace
  • Storage
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Boat Slip
  • Covered Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Keys On The Lake Ph 6 Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 026E E 00800 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,964

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2001
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: APROX
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Storage, Utility Connection
  • Appliances: Trash Compactor, Dishwasher, Ice Maker, Microwave, Refrigerator
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 3
  • Has Basement: Combination
  • Above Grade Finished Sq Ft: 1974
  • Below Grade Sq Ft: 1490
  • Building Area Units: Square Feet
  • Living Area: 3464
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Boat Slip, Garage Door Opener
  • Construction Type: Brick
  • Patio And Porch Features: Covered Deck, Covered Patio
  • Pool Private: No
  • Roof: Shingle
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake Front, Year Round Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Parking Features: Detached, Attached, Concrete, Driveway
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Wooded
  • Lot Size Acres: 0.58
  • Lot Size: 53 X255 IRR
  • Lot Size Units: Acres
  • Parcel #: 026E E 00800 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2964
  • Tax Lot: 8

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2023
Closed on
Apr 5, 2023
Sold by
Smith Barbara A Le
Bought by
Sims Warren M and Sims Rhoda T
Seller's Agent
George Snodgrass
Benchmark Realty, LLC
Buyer's Agent
Kathy Rohsenberger
Coldwell Banker Kinard Realty
List Price
$974,900
Sold Price
$925,000
Premium/Discount to List
-$49,900
-5.12%
Views
18
Current Estimated Value
$1,049,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,241
Avg. Annual Appreciation
5.05%

Purchase Details

Closed on
Sep 30, 2022
Sold by
Waggener Elizabeth Marie
Bought by
Smith Barbara A

Purchase Details

Closed on
Oct 26, 1995
Bought by
George Shultz

Purchase Details

Closed on
Oct 5, 1995
Sold by
Sandra Dunavant
Bought by
Franklin Smith

Purchase Details

Closed on
Jan 25, 1995
Bought by
Dunavant Sandra H

Purchase Details

Closed on
Feb 18, 1987
Bought by
Elsea Gene and Elsea Claudette

Purchase Details

Closed on
May 10, 1985

Purchase Details

Closed on
Jan 3, 1900
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sims Warren M $925,000 --
Smith Barbara A -- --
George Shultz $69,500 --
Franklin Smith $55,000 --
Dunavant Sandra H $45,000 --
Elsea Gene $12,000 --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2023 04/05/23 Sold $925,000 -5.1% $267 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
03/04/2023 03/04/23 For Sale $974,900 -- $281 / 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 $2,852 $211,500 $47,500 $164,000
2023 $3,003 $133,175 $45,000 $88,175
2022 $2,964 $131,450 $45,000 $86,450
2021 $2,964 $131,450 $45,000 $86,450
2020 $2,964 $131,450 $45,000 $86,450
2019 $2,964 $131,450 $45,000 $86,450
2018 $2,597 $118,225 $45,000 $73,225
2017 $2,597 $118,225 $45,000 $73,225
2016 $2,463 $118,225 $45,000 $73,225
2015 $2,351 $112,150 $45,000 $67,150
2014 $2,351 $112,150 $45,000 $67,150
2013 -- $112,150 $45,000 $67,150
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2493720

Realtracs

APN: 026E-E-008.00