NOT LISTED FOR SALE

956 Lake Forest Dr Spring City, TN 37381

Estimated Value: $583,000 - $822,000

3 Beds
2 Baths
2,352 Sq Ft
$295/Sq Ft Est. Value

Last Sold April 04, 2023

Last sale price $589,000 $250 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,802/month

14 Days on Market

Highlights

  • Waterfront
  • Deck
  • Cathedral Ceiling
  • Open Floorplan
  • Stationary Dock
  • Wood Flooring

About This Home

As of April 2023

WATTS BAR WATERFRONT. Enjoy full time or part time living in this rustic ranch/basement home, The main level offers a welcoming foyer, a large living/dining area with gorgeous hardwood flooring, vaulted ceilings, wood-Peachtree windows, and overlooks the lovely lake. The spacious kitchen is large enough to add an Island & all kitchen appliances will convey. The master bedroom has a private entrance to the covered deck to enjoy your morning coffee while admiring the view. The lower level offers 2 bedrooms, 1 full bath, a recreation/family room and an additional room for guests, an office or craft room. Step out on the concrete porch, add a fire pit for those chilly nights or enjoy fishing, swimming or boating from your own private dock. Call for your private tour today! The washer/dryer do not convey. Spring City Cable/High speed internet and natural gas is available!

Last Agent to Sell the Property

Susan Crockett

Blue Key Properties License #278525 Listed on: 02/09/2023

Last Buyer's Agent

Comps Only

COMPS ONLY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,716

Year Built

  • Built in 1995

Lot Details

  • 0.92 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Gentle Sloping Lot

Home Design

  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 2,352 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Wood Frame Window
  • Wood Flooring
  • Water Views
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Washer and Gas Dryer Hookup

Parking

  • Attached Garage
  • Attached Carport
  • Parking Accessed On Kitchen Level

Outdoor Features

  • Stationary Dock
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lake Forest Ests Subdivision

Listing and Financial Details

  • Assessor Parcel Number 044b A 015.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,716

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.92
  • Lot Size: 100X379.1 IRR.
  • Subdivision Name: Lake Forest Ests
  • Directions: from office in Spring City-Hwy 27S to left on Hwy 68S-left on Wolf Creek Road-right on Pin Hook Road-left on Lake Forest Drive- bear left to stay on Lake Forest Drive to property on right. SOP
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 2352.0
  • New Construction: No
  • Structure Type: Free Standing Building
  • Year Built: 1995
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 044b A 015.00
  • 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: 1716.47
  • Location Tax and Legal Additional Parcels YN: No
  • 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: 0.92
  • General Property Information Lot Size Square Feet2: 40075.2
  • General Property Information Lot Size Dimensions: 100X379.1 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:Cable Available: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Flooring:Hardwood: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Laundry Closet: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Foundation Details Block2: Yes
  • Security Features:Smoke Detector(s): Yes
  • General Property Information Attached Carport YN2: Yes
  • Interior Features Whirlpool Tub2: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Interior Features Split Bedrooms2: Yes
  • View:Water2: Yes
  • Parking Features Kitchen Level2: 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
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood, Other
  • Interior Amenities: Cathedral Ceiling(s), Open Floorplan, Primary Downstairs, Split Bedrooms, Tub/shower Combo, Walk-In Closet(s), Whirlpool Tub
  • Window Features: Wood Frames
  • Appliances Dishwasher: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Cathedral Ceiling(s): Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Gentle Sloping
  • View: Water
  • View: Yes
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Other
  • Exterior Features: Dock - Stationary
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Porch - Covered
  • Roof: Shingle
  • Exterior Features:Dock - Stationary: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:Wood Frames: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Underground Utilities
  • 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: 40075.2
  • Additional Parcels: No
  • Parcel #: 044b A 015.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1716.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Apr 4, 2023
Sold by
Rankin Clabough Donna L
Bought by
Lutz Michael A and Lutz Sandra J
Seller's Agent
Susan Crockett
Blue Key Properties
Buyer's Agent
Comps Only
COMPS ONLY
List Price
$589,000
Sold Price
$589,000
Views
131
Current Estimated Value
$694,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,677
Avg. Annual Appreciation
6.63%
Original Mortgage
$471,200
Outstanding Balance
$458,224
Interest Rate
6.65%
Mortgage Type
Construction
Estimated Equity
$236,453

Purchase Details

Closed on
Mar 16, 1992
Bought by
Clabough Donna L

Purchase Details

Closed on
Apr 18, 1987
Bought by
Clabough Michael W and Clabough Donna L

Purchase Details

Closed on
Apr 18, 1980

Purchase Details

Closed on
Aug 18, 1979
Source: Public Records

Range of Values:

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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
Lutz Michael A $589,000 None Listed On Document
Clabough Donna L -- --
Clabough Michael W -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutz Michael A $471,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2023 04/04/23 Sold $589,000 0.0% $250 / Sq Ft
02/26/2023 02/26/23 Off Market $589,000 -- --
02/08/2023 02/08/23 For Sale $589,000 -- $250 / 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 $1,997 $148,100 $66,250 $81,850
2023 $1,716 $76,125 $37,500 $38,625
2022 $1,716 $76,125 $37,500 $38,625
2021 $1,716 $76,125 $37,500 $38,625
2020 $1,718 $76,125 $37,500 $38,625
2019 $1,718 $76,200 $37,500 $38,700
2018 $1,552 $70,650 $37,500 $33,150
2017 $1,552 $70,650 $37,500 $33,150
2016 $1,552 $70,650 $37,500 $33,150
2015 $1,481 $70,650 $37,500 $33,150
2014 $1,481 $70,650 $37,500 $33,150
2013 -- $70,650 $37,500 $33,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1368729

Greater Chattanooga REALTORS®

APN: 044B-A-015.00