NOT LISTED FOR SALE

550 Price Rd Spring City, TN 37381

Estimated Value: $464,000 - $835,620

3 Beds
2 Baths
3,500 Sq Ft
$203/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $701,900 $201 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,987/month

89 Days on Market

Highlights

  • Barn
  • Mountain View
  • Pond
  • 40.34 Acre Lot
  • Private Lot
  • Recreation Room

About This Home

As of December 2023

Step into the country with this 3 bedroom 2 bathroom farmhouse built in 1992. Nestled on 40 acres of rolling pastures and woodlands right outside of the Spring City city limits. You will feel like you are entering a spa in the main bathroom. It has been completely renovated with heated floors, heated towel rack, 4x6 ft shower and a 72 inch claw foot coppertop and nickel plated bathtub. New flooring throughout downstairs. The master bedroom consists of 2 levels. This home is unique with 2 family/living rooms and a bonus room above the main living room. You can sit on your back porch and enjoy the gorgeous TN mountains! This property has it all; 5 acres of fenced pasture ready for large breed animals, a 3 stall barn, an attached workshop for a carpenter's dream, custom metal shed with loft space for added storage, a furnished chicken coop with laying hens, and the property includes two ponds stocked with fish. Bring your ATV and check out the trails intertwining throughout.

Last Agent to Sell the Property

Jonathan Harris

ResultsMLS.com License #311350 Listed on: 07/24/2023

Last Buyer's Agent

Tammie Rouse

Realty Executives Associates License #275872

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,470

Year Built

  • Built in 1992

Lot Details

  • 40.34 Acre Lot
  • Wood Fence
  • Private Lot

Parking

  • No Garage

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3,500 Sq Ft Home
  • Cathedral Ceiling
  • Family Room
  • Open Floorplan
  • Den
  • Recreation Room
  • Workshop
  • Storage Room
  • Mountain Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Pond
  • Lake, Pond or Stream
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Storage Shed

Schools

  • Rhea County High School

Farming

  • Barn

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Miller /Cassidy Property Subdivision

Listing and Financial Details

  • Assessor Parcel Number 036 030.19

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,470

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Directions: Rhea County Hwy to cemetery Rd to Price Rd
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1992
  • Lot Size Acres: 40.34
  • Subdivision Name: Miller /Cassidy Property
  • Architectural Style: Other
  • Property Attached Yn: No
  • View:Mountain View: Yes
  • General Property Description:Fireplace: No
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Walk-in Shower: Yes
  • Outbuildings:Storage Shed: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Lot Description:Private: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Outbuildings:Detached Workshop: Yes
  • Outbuildings:Barn: Yes
  • Lot Description:Pond: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Stove, Smoke Detector, Refrigerator, Microwave
  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Other, None
  • Flooring: Carpet, Vinyl
  • ResoLivingAreaSource: Owner
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Fireplace:None15: Yes
  • Other Rooms:Family Room: Yes
  • Appliances:Gas Stove: Yes
  • Other Rooms:DenStudy: Yes
  • Other Rooms:Workshop: Yes
  • Other Rooms:_two_nd Rec Room: Yes

Exterior Features

  • Exterior Features: Fence - Wood, Porch - Covered
  • View: Mountain View, Other
  • Lot Features: Private, Pond
  • Construction Type: Vinyl Siding, Frame
  • Other Structures: Storage, Barn(s), Workshop
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Fence - Wood: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • GarageParking:None18: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Water Well: Yes

Schools

  • High School: Rhea County

Lot Info

  • Lot Size Sq Ft: 1757210.4
  • Parcel #: 036 030.19
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Dec 8, 2023
Sold by
Gilliam Dustin Matthew and Gilliam Connie Elise
Bought by
Bodey Isaac T and Bodey Danielle N
Seller's Agent
Jonathan Harris
ResultsMLS.com
Buyer's Agent
Tammie Rouse
Realty Executives Associates
List Price
$720,000
Sold Price
$701,900
Premium/Discount to List
-$18,100
-2.51%
Views
159
Current Estimated Value
$710,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,505
Avg. Annual Appreciation
0.70%
Original Mortgage
$661,899
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 9, 2016
Closed on
Jul 22, 2016
Sold by
Norman Michael E
Bought by
Gilliam Dustin Matthew and Gilliam Connie Elise
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.00%
Original Mortgage
$260,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2010
Sold by
Austin Lana
Bought by
Norman Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.42%

Purchase Details

Closed on
Oct 3, 2007
Bought by
Lana Austin

Purchase Details

Closed on
Nov 1, 1991
Bought by
Miller John Robert and Beth Ann Casad

Purchase Details

Closed on
Mar 22, 1989
Bought by
Selma Garland J and Selma Kate

Purchase Details

Closed on
Mar 15, 1974
Bought by
Price Guy and Price Virginia
Source: Public Records

Range of Values:

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Average Value
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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
Bodey Isaac T $701,900 Melrose Title
Gilliam Dustin Matthew $325,000 --
Norman Michael E $310,000 --
Lana Austin $305,414 --
Miller John Robert $50,500 --
Selma Garland J $48,000 --
Price Guy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bodey Isaac T $677,000
Closed Bodey Isaac T $661,899
Previous Owner Gilliam Dustin Matthew $251,250
Previous Owner Gilliam Dustin Matthew $260,000
Previous Owner Norman Michael E $260,000
Previous Owner Miller John R $151,500
Previous Owner Robert Miller John $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $701,900 -2.5% $201 / Sq Ft
10/22/2023 10/22/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $720,000 +121.5% $206 / Sq Ft
07/22/2016 07/22/16 Sold $325,000 -7.1% $110 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $349,900 -- $119 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $1,470 $109,025 $19,475 $89,550
2023 $1,468 $65,100 $15,875 $49,225
2022 $1,461 $64,775 $15,875 $48,900
2021 $1,461 $64,775 $15,875 $48,900
2020 $1,461 $64,775 $15,875 $48,900
2019 $1,461 $64,775 $15,875 $48,900
2018 $1,342 $61,075 $14,150 $46,925
2017 $1,288 $58,650 $14,150 $44,500
2016 $1,288 $58,650 $14,150 $44,500
2015 $1,230 $58,650 $14,150 $44,500
2014 $1,230 $58,675 $14,175 $44,500
2013 -- $78,250 $33,750 $44,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1234195

East Tennessee REALTORS® MLS

APN: 036-030.19