NOT LISTED FOR SALE

3851 Watts Bar Hwy Spring City, TN 37381

Estimated Value: $747,049

-- Bed
1 Bath
2,800 Sq Ft
$267/Sq Ft Est. Value

About This Home

This home is located at 3851 Watts Bar Hwy, Spring City, TN 37381 and is currently estimated at $747,049, approximately $266 per square foot. 3851 Watts Bar Hwy is a home located in Rhea County with nearby schools including Rhea County High School and King Memorial Seventh Day Adve.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2022
Sold by
Bitner Enterprises Llc
Bought by
Ivey David and Ivey Laurel J
Current Estimated Value
$747,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,200
Outstanding Balance
$545,378
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2016
Sold by
Smartbank
Bought by
Bitner Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 2016
Bought by
Smartbank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 22, 2010
Sold by
Cool Runnings Incorporated
Bought by
Cornerstone Community Bank

Purchase Details

Closed on
Feb 29, 2008
Bought by
Cool Runnings Incorporated

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
5.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 2, 2008
Bought by
Cool Runnings Incorporated

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
5.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 5, 2007
Bought by
Cool Runnings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 1983
Bought by
Dotson R J Charlotte

Purchase Details

Closed on
Jan 1, 1983
Bought by
Not Available

Purchase Details

Closed on
May 13, 1975
Bought by
Not Available

Purchase Details

Closed on
May 10, 1975
Bought by
Not Available
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Ivey David $704,000 Volunteer Title
Bitner Enterprises Llc $147,500 --
Smartbank -- --
Cornerstone Community Bank $350,000 --
Cool Runnings Incorporated -- --
Cool Runnings Incorporated -- --
Cool Runnings Inc $285,000 --
Dotson R J Charlotte -- --
-- $18,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ivey David $563,200
Previous Owner Bitner Enterprises Llc $241,000
Previous Owner Bitner Enterprises Llc $60,000
Previous Owner Bitner Enterprises Llc $166,000
Previous Owner Bitner Enterprises Llc $118,000
Previous Owner Cool Runnings Incorporated $395,000
Previous Owner Cool Runnings Incorporated $245,000
Source: Public Records

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 $2,174 $161,200 $26,080 $135,120
2023 $2,763 $122,520 $15,680 $106,840
2022 $2,763 $122,520 $15,680 $106,840
2021 $2,763 $122,520 $15,680 $106,840
2020 $2,758 $122,520 $15,680 $106,840
2019 $2,758 $122,320 $15,680 $106,640
2018 $2,586 $117,720 $15,680 $102,040
2017 $2,586 $117,720 $15,680 $102,040
2016 $2,575 $117,720 $15,680 $102,040
2015 $2,458 $117,240 $15,200 $102,040
2014 $2,653 $126,560 $15,240 $111,320
2013 -- $126,560 $15,240 $111,320
Source: Public Records

Map

Tennessee Rhea County Spring City 37381

3851 Watts Bar Hwy, Spring City, TN

This home is located at 3851 Watts Bar Hwy, Spring City, TN 37381 and is currently estimated at $747,049, approximately $266 per square foot. 3851 Watts Bar Hwy is a home located in Rhea County with nearby schools including Rhea County High School and King Memorial Seventh Day Adve.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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