NOT LISTED FOR SALE

416 Dreamland Rd Spring City, TN 37381

Estimated Value: $448,239 - $723,000

5 Beds
3 Baths
2,675 Sq Ft
$209/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $162,000 $61 Per Sq Ft

Est. 246% increase in value since last sale

Current estimated payment $3,044/month

151 Days on Market

Highlights

  • River Access
  • 1.52 Acre Lot
  • Fireplace in Bedroom
  • Waterfront
  • Open Floorplan
  • Deck

About This Home

As of December 2018

First Time on the Market.....Looking for extra bedrooms, this could be the home for you. This home offers 5 bedrooms, 3 full bathrooms, living room, family room, dinning room and large eat-in kitchen. Attached two car garage with an additional one car/workshop with gas heat. Located on a 1.5ac. corner flat lot with mature trees including our state tree the Tulip Poplar. Lake access for the beautiful Watts Bar Lake is available for this property. Centrally located between Chattanooga and Knoxville and close to the town of Spring City. Come be apart of the Lake community this summer, call today for a showing.

Last Agent to Sell the Property

Melanie Reynolds

Coldwell Banker Pryor Realty, Inc. Listed on: 06/13/2018

Last Buyer's Agent

John Foreman

Keller Williams Realty License #309451

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $984

Year Built

  • Built in 1973

Lot Details

  • 1.52 Acre Lot
  • Waterfront
  • Gentle Sloping Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 2,675 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Formal Dining Room
  • Basement
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • River Access
  • Deck
  • Covered Patio or Porch
  • Outbuilding

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • Phone Available

Community Details

  • No Home Owners Association
  • Cedar Hgts Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 031f B 001.00 & 002.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$984

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.52
  • Lot Size: 148.6 X 217.3 IRR
  • Subdivision Name: Cedar Hgts
  • Directions: From our office right on Hwy 27 north, right on Vans Creek Road, right on Toestring Road take an immediate left on Dreamland, home will be on the right. SOP.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Living Area: 2675.0
  • New Construction: No
  • Year Built: 1973
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 031f B 001.00 & 002.00
  • 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: 983.53
  • 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: Yes
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 1.52
  • General Property Information Lot Size Square Feet2: 66211.2
  • General Property Information Lot Size Dimensions: 148.6 X 217.3 IRR
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Foundation Details Block2: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Cooling:Multi Units: Yes
  • Interior Features Separate Dining Room: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Flooring:Vinyl: Yes
  • Brick and Stone Features Partial Brick: Yes
  • Other Structures:Out Building: Yes
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Water Heater, Free-Standing Gas Range, Dryer, Dishwasher
  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Bedroom
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Open Floorplan, Primary Downstairs, Separate Dining Room
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Free-Standing Gas Range: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Bedroom2: Yes

Exterior Features

  • Lot Features: Gentle Sloping, Split Possible, Other
  • View: No
  • Waterfront Features: River Access
  • Waterfront: Yes
  • Home Warranty: Yes
  • Construction Type: Brick, Other
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch, Porch - Covered
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Split Possible: Yes
  • Waterfront Features:River Access: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Off Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Phone Available
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • 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: 66211.2
  • Additional Parcels: No
  • Parcel #: 031f B 001.00 & 002.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 983.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2018
Closed on
Dec 12, 2018
Sold by
Rinks Linda S and Ricks William H
Bought by
Beck Michael
Seller's Agent
Melanie Reynolds
Coldwell Banker Pryor Realty, Inc.
Buyer's Agent
John Foreman
Keller Williams Realty
List Price
$189,900
Sold Price
$162,000
Premium/Discount to List
-$27,900
-14.69%
Current Estimated Value
$559,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,810
Avg. Annual Appreciation
19.69%
Original Mortgage
$152,000
Outstanding Balance
$134,183
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$425,627

Purchase Details

Closed on
Apr 19, 2001
Sold by
Shoupp John F
Bought by
Rinks William H

Purchase Details

Closed on
Mar 16, 2001
Bought by
Rinks William H and Rinks Linda S

Purchase Details

Closed on
Mar 15, 2001
Bought by
Rinks William H and Rinks Linda S

Purchase Details

Closed on
Mar 14, 2001
Bought by
Rinks William H and Rinks Linda S

Purchase Details

Closed on
Mar 20, 1998
Sold by
Thomas Archie S
Bought by
Herbert Shoupp

Purchase Details

Closed on
Dec 3, 1996
Sold by
Thomas Archie S
Bought by
Thomas Archie S

Purchase Details

Closed on
Oct 10, 1989
Bought by
Thomas Archie S and Miller Nobleen

Purchase Details

Closed on
Apr 18, 1983
Bought by
Gammons Jeffie Eugene and Gammons Debra M

Purchase Details

Closed on
Nov 4, 1976
Source: Public Records

Range of Values:

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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
Beck Michael $162,000 Title Guaranty & Trust Co
Rinks William H $332 --
Rinks William H $87,000 --
Rinks William H $87,000 --
Rinks William H $87,000 --
Herbert Shoupp $75,000 --
Thomas Archie S -- --
Thomas Archie S -- --
Gammons Jeffie Eugene -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beck Michael $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2018 12/07/18 Sold $162,000 -14.7% $61 / Sq Ft
11/11/2018 11/11/18 Pending -- -- --
06/13/2018 06/13/18 For Sale $189,900 -- $71 / 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 $1,192 $88,375 $9,000 $79,375
2023 $1,026 $45,500 $3,750 $41,750
2022 $1,026 $45,500 $3,750 $41,750
2021 $1,026 $45,500 $3,750 $41,750
2020 $1,026 $45,500 $3,750 $41,750
2019 $1,026 $45,500 $3,750 $41,750
2018 $901 $41,025 $3,750 $37,275
2017 $901 $41,025 $3,750 $37,275
2016 $901 $41,025 $3,750 $37,275
2015 $860 $41,025 $3,750 $37,275
2014 $860 $41,025 $3,750 $37,275
2013 -- $41,025 $3,750 $37,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1283150

Greater Chattanooga REALTORS®

APN: 031F-B-001.00