NOT LISTED FOR SALE

826 Dreamland Rd Spring City, TN 37381

Estimated Value: $835,419 - $874,000

4 Beds
2.5 Baths
3,120 Sq Ft
$272/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $650,000 $208 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,764/month

60 Days on Market

Highlights

  • Boat Slip
  • Above Ground Pool
  • 1.5 Acre Lot
  • Lake On Lot
  • Waterfront
  • Open Floorplan

About This Home

As of October 2022

Riverfront living with year-round water awaits in beautiful Spring City, TN! It's almost impossible to find a river and mountain view like this one! This updated open concept home has so much to offer. With 2 separate living spaces the upstairs provides a kitchen, dining room, living room, a master bedroom, spare bedroom and half bath. The hardwood floors glow with all the natural light beaming in, giving the already oversized rooms an even bigger feel. Step out to your enclosed sunroom on those chilly mornings and drink your coffee as you relish in the view or soak in the fresh TN air on the outside deck and stargaze at night. This deck is what entertaining dreams are made of and bad weather won't stop you as it is partially covered.

Last Agent to Sell the Property

Teresa Congioloso

TN Valley Homes and Land License #332509 Listed on: 07/13/2022

TN Valley Homes and Land

Last Buyer's Agent

Comps Only

COMPS ONLY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,235

Year Built

  • Built in 1998

Lot Details

  • 1.5 Acre Lot
  • Waterfront
  • Gentle Sloping Lot

Parking

  • Carport

Property Views

  • Water
  • Mountain

Home Design

  • Slab Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vinyl Clad Windows
  • Screened Porch
  • Finished Basement

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan

Outdoor Features

  • Above Ground Pool
  • Boat Slip
  • Stationary Dock
  • Lake On Lot
  • Deck
  • Patio
  • Outbuilding

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 031 079.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,235

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.5
  • Lot Size: 275.2 X 82 IRR
  • Subdivision Name: None
  • Directions: From TN Valley Homes and Land Office (7693 Rhea County Highway) head north on Highway 27 for approx 15 miles. Turn right onto E Jackson Street and then Left onto Toestring Valley Road. After a mile turn right onto Dreamland Road and house will be on your right.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 3120.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1998
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 031 079.00
  • Location Tax and Legal Elementary School: Spring City
  • Location Tax and Legal Middle Or Junior School2: Spring City
  • Location Tax and Legal High School: Rhea County High School
  • Location Tax and Legal:Tax Annual Amount: 2235.07
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 1
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: Yes
  • General Property Information Lot Size Acres: 1.5
  • General Property Information Lot Size Square Feet2: 65340.0
  • General Property Information Lot Size Dimensions: 275.2 X 82 IRR
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels:Two: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • View:Mountain(s): Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Interior Features Split Bedrooms2: Yes
  • View:Water2: Yes
  • Flooring:Vinyl: Yes
  • Other Structures:Out Building: Yes
  • Pool Features Above Ground: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Free-Standing Electric Range, Electric Water Heater, Dishwasher
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Open Floorplan, Primary Downstairs, Split Bedrooms
  • Window Features: Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Lot Features: Gentle Sloping, Lake On Lot, Other
  • Pool Features: Above Ground, Other
  • View: Mountain(s), Water, Other
  • View: Yes
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Boat Slip, Dock - Stationary
  • Foundation Details: Slab
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Porch - Screened
  • Roof: Metal
  • Exterior Features:Boat Slip: Yes
  • Exterior Features:Dock - Stationary: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Vinyl Frames: Yes
  • Lot Features:Gentle Sloping: Yes
  • Patio And Porch Features:Covered: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Lake On Lot: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 65340.0
  • Additional Parcels: No
  • Parcel #: 031 079.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2235.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2021
Closed on
Oct 19, 2022
Sold by
Copeland King Tonya and Copeland Donalson
Bought by
Higdon Matthew L and Higdon Lisa M
Seller's Agent
Teresa Congioloso
TN Valley Homes and Land
Buyer's Agent
A NON-MEMBER
--NON-MEMBER OFFICE--
List Price
$889,000
Sold Price
$650,000
Premium/Discount to List
-$239,000
-26.88%
Current Estimated Value
$848,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,355
Avg. Annual Appreciation
9.76%
Original Mortgage
$585,000
Outstanding Balance
$563,751
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$284,604

Purchase Details

Closed on
Jun 20, 2007
Bought by
Copeland Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.35%

Purchase Details

Closed on
Apr 24, 2007
Bought by
Gary Copeland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.35%

Purchase Details

Closed on
May 3, 1994
Bought by
Copeland William M

Purchase Details

Closed on
Apr 29, 1992
Bought by
Cook Christopher L

Purchase Details

Closed on
Jul 8, 1968
Bought by
Mathis Roy Leonard and Mathis Ella
Source: Public Records

Range of Values:

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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
Higdon Matthew L $650,000 --
Copeland Gary -- --
Gary Copeland -- --
Copeland William M $85,000 --
Cook Christopher L $30,000 --
Mathis Roy Leonard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higdon Matthew L $585,000
Previous Owner Copeland Gary $210,000
Previous Owner Copeland Gary $180,567
Previous Owner Copeland Gary Le $173,137
Previous Owner Gary Copeland $93,000
Previous Owner Gary Copeland $55,000
Previous Owner Gary Copeland $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $650,000 0.0% $208 / Sq Ft
10/21/2022 10/21/22 Sold $650,000 -7.0% $217 / Sq Ft
09/11/2022 09/11/22 Pending -- -- --
09/11/2022 09/11/22 Pending -- -- --
08/16/2022 08/16/22 Price Changed $699,000 -21.5% $233 / Sq Ft
07/13/2022 07/13/22 For Sale $889,900 +11.4% $285 / Sq Ft
05/25/2022 05/25/22 Price Changed $799,000 -10.1% $266 / Sq Ft
12/27/2021 12/27/21 For Sale $889,000 -- $296 / Sq Ft
Source: Greater Chattanooga 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 $1,795 $133,125 $45,000 $88,125
2023 $2,264 $100,425 $45,000 $55,425
2022 $2,235 $99,125 $45,000 $54,125
2021 $2,235 $99,125 $45,000 $54,125
2020 $2,235 $99,125 $45,000 $54,125
2019 $2,235 $99,125 $45,000 $54,125
2018 $2,028 $92,325 $45,000 $47,325
2017 $1,993 $92,325 $45,000 $47,325
2016 $1,993 $90,725 $45,000 $45,725
2015 $1,902 $90,725 $45,000 $45,725
2014 $1,902 $90,725 $45,000 $45,725
2013 -- $90,725 $45,000 $45,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1351138

Greater Chattanooga REALTORS®

APN: 031-079.00