$950,000
$49K PRICE DROP

525 Basil Fugate Rd Spring City, TN 37381

Estimated payment $5,159/month

Total Views 4,166
3 Beds
2.5 Baths
2,267 Sq Ft
$419 Price per Sq Ft

Highlights

  • 21.25 Acre Lot
  • Pond
  • Wood Flooring
  • Countryside Views
  • 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

  • Countryside Views
  • Forest Views

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,267 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • 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
  • Crawl Space

Outdoor Features

  • Pond
  • 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
  • Propane
  • 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: Residential
  • Year Built: 2023
  • Lot Size Acres: 21.25
  • Architectural Style: Other
  • Contract Info:List PriceSqFt2: 419.05
  • General Property Description:SqFt - Main Lvl: 1200.0
  • General Property Description:SqFt - 2nd Flr Lvl: 1067.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • 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, Tile, Hardwood
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar, Pantry, Walk-In Closet(s), Kitchen Island
  • Window Features: ENERGY STAR Qualified Windows, Drapes

Exterior Features

  • View: Wooded, Country Setting
  • Lot Features: Wooded, Level, Rolling Slope, Pond on Lot
  • Construction Type: Block, Brick, Fiber Cement
  • Patio And Porch Features: Porch - Covered

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Carport, Garage Faces Side

Utilities

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

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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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
10/21/2025 10/21/25 Price Changed $950,000 -4.9% $419 / Sq Ft
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 $345,057 Commercial
Source: Public Records

Source: East Tennessee REALTORS® MLS

MLS Number: 1313768

East Tennessee REALTORS® MLS

APN: 072043 10801

Tennessee Rhea County Spring City 37381

525 Basil Fugate Rd, Spring City, TN

For Sale

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.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

Nearby Homes
Listing Agent
Chasitey Kyle
Section Image
Blevins Grp, Realty Executives
(423) 436-9057