$999,000

525 Basil Fugate Rd Spring City, TN 37381

Estimated payment $5,557/month

Total Views 562
3 Beds
2.5 Baths
2,267 Sq Ft
$441 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Lake, Pond or Stream
  • Wood Flooring
  • Pond
  • Wooded Lot
  • Main Floor Primary Bedroom

About This Home

Welcome to your own private slice of Tennessee! This 22-acre farm in Spring City, TN offers the perfect blend of open space, natural beauty, and comfortable living.

The property includes a charming 3-bedroom, 2.5-bath home with plenty of room for family and guests. Inside, you'll find a warm and inviting layout designed for both everyday living and entertaining. Step outside and take in the views - from the rolling acreage to the peaceful pond, the setting is nothing short of spectacular.

With plenty of space for livestock, gardens, or custom projects, this property is ideal for a homestead, hobby farm, or simply enjoying the peace and quiet of country life.

Conveniently located just minutes from Spring City, you'll have easy access to town while still enjoying the privacy and beauty of East Tennessee farmland.

Listing Agent

Chasitey Kyle

Blevins Grp, Realty Executives License #353782 Listed on: 08/29/2025

Blevins Grp, Realty Executives

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,869

Year Built

  • Built in 2023

Lot Details

  • 21.25 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Side Facing Garage

Property Views

  • Woods
  • Countryside Views
  • Forest

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,267 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • ENERGY STAR Qualified Windows
  • Drapes & Rods
  • Great Room
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Basement

  • Exterior Basement Entry
  • Sealed Crawl Space
  • Crawl Space

Outdoor Features

  • Pond
  • Lake, Pond or Stream
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Private Water Source
  • Septic Tank
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 043 108.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,869

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Directions: Follow I-75 S to TN-68 N/New Hwy 68 in Monroe County. Take exit 60 from I-75 26 min (29.0 mi) Merge onto I-40/I-75 S (4.5 mi) Use the left 2 lanes to turn slightly left onto I-75 (signs for Chattanooga) (24.1 mi) Take exit 60 for TN-68 toward Sweetwater/Spring City (0.4 mi) Follow TN-68 N to Basil Fugate Rd in Rhea County 23 min (19.8 mi) Turn right onto TN-68 N/New Hwy 68 Continue to follow TN-68 N (11.5 mi) At the traffic circle, take the 2nd exit onto TN-68 (7.9 mi) Turn right onto Basil Fugate Rd
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 2023
  • Lot Size Acres: 21.25
  • Architectural Style: Other
  • Property Attached Yn: No
  • Structure Type: 2 Story
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Wooded2: Yes
  • General Property Description:Lot Size SqFt: 925646.0
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1200.0
  • General Property Description:SqFt - 2nd Flr Lvl: 1067.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Water:Private2: Yes
  • Floors:Tile2: Yes
  • Heat:Heat Pump3: Yes
  • Misc Features:Drapes: Yes
  • Siding:Fiber Cement: Yes
  • Dining Area:Breakfast Bar: Yes
  • Lot Description:Pond: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Self Cleaning Oven
  • Basement YN: No
  • Has Basement: Crawl Space, Crawl Space Sealed, Outside Entr Only
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Walk-In Closet(s), Kitchen Island, Pantry, Breakfast Bar, Eat-in Kitchen
  • Window Features: Window - Energy Star, Drapes
  • Fireplace:Gas Log: Yes
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Basement:Crawl Space Sealed: Yes
  • Other Rooms:Great Room: Yes
  • Misc Features:Island in Kitchen: Yes
  • Basement:Outside Entr Only: Yes

Exterior Features

  • View: Country Setting, Wooded
  • Lot Features: Pond, Wooded, Level, Rolling Slope
  • Construction Type: Fiber Cement, Block, Brick
  • Patio And Porch Features: Porch - Covered
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Cable Available (TV Only): Yes
  • Construction:Block2: Yes
  • Construction:Brick5: Yes
  • Exterior Features:Window - Energy Star: Yes

Garage/Parking

  • GarageParkingCarportSpaces: 2.0
  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: Yes
  • Carport Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Garage Faces Side, Attached, Carport
  • GarageParking:Attached2: Yes
  • GarageParking:Carport: Yes
  • GarageParking Garage Faces Side: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Sewer: Septic Tank
  • Security: Smoke Detector
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Propane, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available (TV Only)
  • Water Source: Private
  • Sewer Septic Tank: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 925646.0
  • Parcel #: 043 108.01

Tax Info

  • Tax Annual Amount: 1868.82

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,869 $138,575 $11,225 $127,350
2023 $1,630 $72,300 $6,825 $65,475
2022 $924 $41,000 $5,125 $35,875
2021 $116 $23,225 $23,225 $0
2020 $116 $23,225 $23,225 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 For Sale $999,000 -- $441 / Sq Ft
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Title Insurance Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $354,630 New Conventional
Closed $345,057 Commercial
Source: Public Records

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Source: East Tennessee REALTORS® MLS

MLS Number: 1313768

East Tennessee REALTORS® MLS

APN: 072043 10801