$125,800
SOLD AUG 13, 2025

472 Lavender St Spring City, TN 37381

2 Beds
1.5 Baths
1,038 Sq Ft
1.1 Acres

Recently Sold

$121 Per Sq Ft

32% Below List Price

132 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • 1 Car Attached Garage
  • Ranch Style House
  • Covered Patio or Porch
  • Central Heating and Cooling System

About This Home

As of August 2025

2br./1.5ba. vinyl siding rancher on a 1.10 acre lot. Good floor plan with no wasted hall space. Single car attached garage, large front porch. In close proximity to all Spring City's amenities. Property is owned by the US Dept. of HUD. HUD case # 481-478565. FHA financing IE (Insured Escrow). 203K Eligible (YES). Subject to an FHA appraisal. Buyer selects closing agent/firm. Seller makes no representations or warranties as to property condition. HUD homes are sold as-is. Equal Housing Opportunity. Housing type, age, square footage, lot size, total rooms, bedroom and bath count per HUD appraisal. Taxes per Rhea County Assessor. Water and sewer source per Town of Spring City. Buyer(s) to verify all information. City restrictions. www.olympusams-at.com/www.HudHhomeStore.gov. Property at cross streets of Lavender Street and W. Magaffin Avenue.

Last Agent to Sell the Property

Michael Little

R*E*Trade Real Estate & Auction License #247192 Listed on: 01/24/2025

Last Buyer's Agent

Lydia Davenport

eXp Realty - Cleveland License #379498

eXp Realty - Cleveland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $781

Year Built

  • Built in 1953

Lot Details

  • 1.1 Acre Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Stone Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,038 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Laminate Flooring
  • Crawl Space
  • Electric Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Caldwells Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 030l B 00100 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$781

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.1
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Caldwells Addition
  • Directions: From Cleveland. Hwy 60 to Dayton Hwy 27 exit. Continue north to Spring City. Left on Piccadilly Ave. Left on Lavender St. Property will be on right side of road.
  • Above Grade Finished Sq Ft: 1038.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1953
  • General Property Information:Living Area2: 1038.0
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Appliances: Electric Range, Electric Water Heater, Exhaust Fan
  • Interior Amenities: Open Floorplan
  • Other Equipment: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Laminate
  • Living Area: 1038.0
  • Appliances:Electric Range: Yes
  • Appliances:Electric Water Heater: Yes
  • Community Features:None3: Yes
  • Interior Features:Open Floorplan: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Exhaust Fan: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Lot Features: Mailbox, Sloped, Level
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Foundation Details: Stone
  • Other Structures: None
  • Patio And Porch Features: Covered, Front Porch
  • Property Condition: Functional
  • Lot Features:Level: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Covered: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Sloped: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Driveway, Garage, Off Street
  • Total Parking Spaces: 1.0
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Concrete3: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Off Street: Yes
  • General Property Information:Parking Total: 1.0

Utilities

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Water Available, Sewer Connected, Natural Gas Available, Electricity Available
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 47916.0
  • Parcel #: 030l B 00100 000

Tax Info

  • Tax Annual Amount: 781.22
  • Tax Book Number: 520

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2024
Sold by
Broker Solutions Inc and New American Funding
Bought by
Secretary Of Housing And Urban Development

Purchase Details

Closed on
Dec 13, 2023
Sold by
Llg Trustee Tn Llc
Bought by
Broker Solutions Inc and New American Funding

Purchase Details

Closed on
Nov 29, 2017
Sold by
Kearney John Michael and Lamson Margaret A
Bought by
Sommer Mathew Markus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,094
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 2008
Bought by
Lamson Margaret A

Purchase Details

Closed on
Jul 27, 1998
Sold by
Harris Burnett Elizabeth
Bought by
Lamson Margaret A

Purchase Details

Closed on
Jan 8, 1979
Bought by
Burnett Elizabeth Harris

Purchase Details

Closed on
Jul 29, 1976
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $81,700 Servicelink
Trustee Deed $114,154 None Listed On Document
Trustee Deed $114,154 None Listed On Document
Warranty Deed $50,000 Title Insurance Company
Deed -- --
Deed $49,500 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $101,750 FHA
Previous Owner $49,094 FHA
Previous Owner $22,180 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 Sold $125,800 0.0% $121 / Sq Ft
06/05/2025 06/05/25 Pending -- -- --
06/03/2025 06/03/25 Price Changed $125,800 -10.5% $121 / Sq Ft
05/01/2025 05/01/25 Price Changed $140,600 -9.5% $135 / Sq Ft
03/27/2025 03/27/25 Price Changed $155,400 -8.7% $150 / Sq Ft
02/21/2025 02/21/25 Price Changed $170,200 -8.0% $164 / Sq Ft
01/24/2025 01/24/25 For Sale $185,000 -- $178 / Sq Ft
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 -- $36,750 $4,575 $32,175
2023 $782 $20,425 $4,275 $16,150
2022 $720 $19,075 $4,275 $14,800
2021 $707 $19,075 $4,275 $14,800
2020 $642 $19,075 $4,275 $14,800
2019 $642 $19,075 $4,275 $14,800
2018 $587 $17,750 $4,275 $13,475
2017 $560 $17,750 $4,275 $13,475
2016 $560 $17,750 $4,275 $13,475
2015 $542 $17,750 $4,275 $13,475
2014 $372 $17,750 $4,275 $13,475
2013 -- $17,750 $4,275 $13,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: River Counties Association of REALTORS®

MLS Number: 20250354

River Counties Association of REALTORS®

APN: 030L-B-001.00