NOT LISTED FOR SALE

785 Lake Forest Dr Spring City, TN 37381

Estimated Value: $352,000 - $372,000

2 Beds
2 Baths
2,160 Sq Ft
$168/Sq Ft Est. Value

Last Sold November 07, 2014

Last sale price $180,000 $83 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,976/month

Highlights

  • Access To Lake
  • Waterfront
  • Seasonal View
  • RV Garage
  • Deck
  • Private Lot

About This Home

As of November 2014

Located in Lake Forest subdivision, this all Brick home is selling on a corner lot. Home is located across street from the Lake - there is a winter view of water, community has boat launch for residents. This home was built in 1989 for a summer retreat and has been used very little, but sellers are meticulous in maintaining property. At the front entrance there is a large covered front porch with walk around decking that goes to the rear of home. The main level has 2 large bedrooms and 1 full bath, and a great room with stacked crab orchard stone wood burning fireplace. Built in book cases on each side of the fireplace, and also at kitchen area with desk, hardwood floors are throughout main level. Kitchen has lots of solid oak cabinets and counter space, and pantry. All appliances are incl uded, there is washer and dryer hookups upstairs as well as in the basement. Large Anderson thermal pane windows across front of home.

Last Agent to Sell the Property

Phyllis Shelton

Coldwell Banker Pryor Realty License #317131 Listed on: 10/02/2014

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $865

Year Built

  • Built in 1989

Lot Details

  • Lot Dimensions are 207 x 146
  • Waterfront
  • Private Lot

Interior Spaces

  • 2,160 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Recreation Room
  • Bonus Room
  • Seasonal Views
  • Finished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Detached Garage
  • Basement Garage
  • RV Garage

Outdoor Features

  • Access To Lake
  • Deck
  • Covered Patio or Porch

Schools

  • Spring City Middle School
  • Rhea County High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Lake Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 044b 009.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$865

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Directions: Hwy 27 North from Dayton, Right on HWy 68, Left on Wolf Creek Rd., Right on Pinhook, Left on Lake Forest, home on left
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1989
  • Lot Size: 207 x 146
  • Subdivision Name: Lake Forest
  • Architectural Style: Other
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Has Basement: Finished
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Stone, Wood Burning
  • Fireplaces: 2
  • Flooring: Hardwood, Tile

Exterior Features

  • Exterior Features: Windows - Wood, Porch - Covered, Deck
  • View: Seasonal Lake View
  • Lot Features: Waterfront Access, Private, Lake Access

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Garage, Basement, Detached, 2 Car Garage

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 044b 009.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2021
Sold by
Hudson Donald D and Avery Sharon L
Bought by
Hudson Donald D and Declara Sharon
Current Estimated Value
$363,918

Purchase Details

Listed on
Oct 2, 2014
Closed on
Nov 7, 2014
Sold by
Hodge Sammy O
Bought by
Hudson Donald D and Avery Sharon L
Seller's Agent
Phyllis Shelton
Coldwell Banker Pryor Realty
Buyer's Agent
Non Member Non Member
Non-Member Office
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$144,000
Outstanding Balance
$110,956
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$252,962

Purchase Details

Closed on
Apr 14, 1997
Bought by
Hodge Sammy O

Purchase Details

Closed on
Aug 18, 1979
Bought by
Hodge Sammy O and Hodge Evelyn C
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hudson Donald D -- None Available
Hudson Donald D $180,000 --
Hodge Sammy O -- --
Hodge Sammy O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudson Donald D $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2014 11/07/14 Sold $180,000 0.0% $83 / Sq Ft View Prior Sale
11/07/2014 11/07/14 Sold $180,000 -14.3% $83 / Sq Ft
10/07/2014 10/07/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $210,000 -- $97 / 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 $865 $64,175 $4,750 $59,425
2023 $953 $42,250 $3,750 $38,500
2022 $953 $42,250 $3,750 $38,500
2021 $953 $42,250 $3,750 $38,500
2020 $953 $42,250 $3,750 $38,500
2019 $953 $42,250 $3,750 $38,500
2018 $846 $38,525 $3,375 $35,150
2017 $846 $38,525 $3,375 $35,150
2016 $846 $38,525 $3,375 $35,150
2015 $813 $38,525 $3,375 $35,150
2014 $813 $38,775 $3,375 $35,400
2013 -- $38,775 $3,375 $35,400
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Phyllis Shelton

    Coldwell Banker Pryor Realty

    Section Image

  • C

    Buyer's Agent in 2014

    Comps Only

    COMPS ONLY

  • N

    Buyer's Agent in 2014

    Non Member Non Member

    Non-Member Office

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 902493

East Tennessee REALTORS® MLS

APN: 044B-B-009.00

Tennessee Rhea County Spring City 37381

785 Lake Forest Dr, Spring City, TN

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.

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