NOT LISTED FOR SALE

871 Toestring Cove Rd Spring City, TN 37381

Estimated Value: $786,000 - $1,104,000

3 Beds
3 Baths
2,596 Sq Ft
$367/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $650,000 $250 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,277/month

Highlights

  • Deck
  • 1 Fireplace
  • Cul-De-Sac
  • Wood Flooring
  • Covered Patio or Porch
  • Attached Garage

About This Home

As of July 2021

This ''Hard to Find'' lakefront home is ready for sale. This 139' of lakefront frontage has a covered boat dock with two boat lifts. The home is occupied by the original homeowner and was built by them. This truly one owner has been cared for and is ready for the next generation of lake enthusiast. Master on the Main, and two additional bedrooms, three full bathrooms, Kitchen, Dining Room, Living Room, and partially finished Basement for an expansion area, such as mother-in-law suite. Look at the photographs and call for your private showing.

Last Agent to Sell the Property

George Edrington

BHHS J Douglas Properties License #291326 Listed on: 11/19/2020

BHHS J Douglas Properties

Last Buyer's Agent

Hope Strange

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,141

Year Built

  • Built in 1989

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 95x203
  • Cul-De-Sac

Interior Spaces

  • 2,596 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Parking Available
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Spring City Middle School
  • Rhea County High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Lake Haven Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031E B 005.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,141

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Directions: via US-27 N and US-27 N; Follow Frazier Ave to Cherokee Blvd--Follow US-27 N to E Jackson Ave in Spring City--Drive to Toestring Valley Rd
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1989
  • Lot Size Acres: 0.5
  • Lot Size: 95x203
  • Subdivision Name: Lake Haven Estates
  • Architectural Style: Other
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal
  • Has Basement: Finished, Partially Finished
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Flooring: Laminate, Carpet, Hardwood, Tile

Exterior Features

  • Exterior Features: Patio, Porch - Covered, Deck
  • Lot Features: Cul-De-Sac

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Main Level, Off-Street Parking

Utilities

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 21780.0
  • Parcel #: 031E B 005.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2020
Closed on
Jul 28, 2021
Sold by
Williams Shelby P and Williams Southeard Sandra
Bought by
Panzer Louis and Panzer Victoria
Seller's Agent
George Edrington
BHHS J Douglas Properties
Buyer's Agent
Hope Strange
Keller Williams Realty
Sold Price
$650,000
Current Estimated Value
$953,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,241
Avg. Annual Appreciation
9.43%
Original Mortgage
$548,250
Outstanding Balance
$499,272
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$453,969

Purchase Details

Closed on
Oct 3, 2016
Sold by
Williams Donald P
Bought by
Williams Shelby P

Purchase Details

Closed on
Jul 12, 1985
Bought by
Williams Donald P and Williams Shelby P

Purchase Details

Closed on
Sep 18, 1982

Purchase Details

Closed on
Apr 13, 1981
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
Panzer Louis $650,000 Northshore T&E Llc
Williams Shelby P -- --
Southeard Sandra William -- --
Williams Donald P -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panzer Louis $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2021 07/29/21 Sold $650,000 0.0% $250 / Sq Ft View Prior Sale
07/29/2021 07/29/21 Sold $650,000 -7.1% $250 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
11/03/2020 11/03/20 For Sale $700,000 -- $270 / 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 $3,141 $232,925 $33,750 $199,175
2023 $3,301 $146,400 $33,750 $112,650
2022 $3,303 $146,500 $33,750 $112,750
2021 $2,861 $146,500 $33,750 $112,750
2020 $2,861 $126,875 $33,750 $93,125
2019 $2,861 $126,875 $33,750 $93,125
2018 $2,558 $116,475 $37,500 $78,975
2017 $2,455 $116,475 $37,500 $78,975
2016 $2,455 $111,775 $37,500 $74,275
2015 $2,343 $111,775 $37,500 $74,275
2014 $2,343 $111,775 $37,500 $74,275
2013 -- $111,775 $37,500 $74,275
Source: Public Records

Agents Affiliated with this Home

  • Grace Edrington

    Seller's Agent in 2021

    Grace Edrington

    Berkshire Hathaway HomeServices J Douglas Prop.

    (423) 280-2865

    7 in this area

    2,604 Total Sales

    Grace Edrington
    Section Image

  • G

    Seller's Agent in 2021

    George Edrington

    BHHS J Douglas Properties

    3 in this area

    141 Total Sales

    George Edrington
    Section Image

  • H

    Buyer's Agent in 2021

    Hope Strange

    Keller Williams Realty

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1136369

East Tennessee REALTORS® MLS

APN: 031E-B-005.00

Tennessee Rhea County Spring City 37381

871 Toestring Cove Rd, 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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