NOT LISTED FOR SALE

Estimated Value: $147,000 - $250,000

2 Beds
1 Bath
720 Sq Ft
$260/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $117,500 $163 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,017/month

3 Days on Market

Highlights

  • Lake View
  • Wooded Lot
  • Wood Flooring
  • Deck
  • Cathedral Ceiling
  • No HOA

About This Home

As of September 2021

Look no further if you want to own a little piece of paradise and enjoy the lake life at a reasonable price!!! This cabin features large windows and hardwood flooring. A wonderful wrap around porch is the perfect place to enjoy the cool air and a view of beautiful Watts Bar Lake. Is just far out enough out to feel a little seclusion but it is only 15 or so minutes from downtown Spring City.....and less than 10 minutes away, you can be at Eden Marina or Apollo Shores marina !!!! New well pump was just installed last year. Property comes with a 1-Year Home Warranty for that extra peace of mind.

Last Agent to Sell the Property

Osvaldo Ferrer

NextHome Valley Realty License #358519 Listed on: 08/24/2021

Last Buyer's Agent

Osvaldo Ferrer

Skyway Realty Land & Homes License #358519

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $446

Year Built

  • Built in 1980

Lot Details

  • 0.45 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • Off-Street Parking

Property Views

  • Lake
  • Seasonal

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 720 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Crawl Space
  • Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Spring City Middle School
  • Rhea County High School

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lakeside Subdivision

Listing and Financial Details

  • Property Available on 8/23/21
  • Assessor Parcel Number 026J B 002.00 000
  • Tax Block 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$446

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Directions: From intersection of Hwy 27 and New Lake Rd travel North for 4.2 miles and turn RIGHT on Rocky Springs Rd. In 3.2 Miles Turn LEFT on Toestring Valley Rd. In 0.3 Miles turn RIGHT on Euchee Chapel Rd. 1.4 miles turn RIGHT on Stump Hollow. House on Right
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1980
  • Lot Size Acres: 0.45
  • Lot Size: 138.2 X 158.7 IRR
  • Subdivision Name: Lakeside
  • Architectural Style: Other, Cabin, Log
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 720.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Water:Private2: Yes
  • View:Seasonal Lake View: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Style:Log3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Flooring: Carpet, Hardwood
  • Basement:Crawl Space: Yes
  • Appliances Range: Yes
  • Fireplace:None15: Yes

Exterior Features

  • Exterior Features: Porch - Covered, Deck
  • View: Seasonal Lake View
  • Lot Features: Wooded, Rolling Slope
  • Construction Type: Log
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Construction:Log: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking
  • GarageParking:Off-Street Parking: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Water Well: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 19602.0
  • Parcel #: 026J B 002.00 000
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2021-08-23

Tax Info

  • Tax Block: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Sep 28, 2021
Sold by
Brogan Shawn M and Brogan Diana T
Bought by
Letner Brandon and Letner Leslie
Seller's Agent
Osvaldo Ferrer
NextHome Valley Realty
Buyer's Agent
Osvaldo Ferrer
NextHome Valley Realty
Sold Price
$117,500
Current Estimated Value
$186,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,429
Avg. Annual Appreciation
12.08%

Purchase Details

Listed on
Mar 22, 2018
Closed on
Jun 8, 2018
Sold by
Shirley Deborah
Bought by
Brogan Shawn M and Brogan Diana T
List Price
$65,000
Sold Price
$70,000
Premium/Discount to List
$5,000
7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.94%
Original Mortgage
$56,700
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Listed on
Apr 21, 2012
Closed on
Jul 12, 2012
Sold by
Jpmorgan Chase Bank Nation
Bought by
Shirley Deborah
Seller's Agent
Suzan Bean
ERA Blue Key Properties
Buyer's Agent
Jack Howard
Era, Top Producers, Inc.
List Price
$23,900
Sold Price
$20,000
Premium/Discount to List
-$3,900
-16.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.61%

Purchase Details

Closed on
Feb 21, 2012
Sold by
Snyder Heather N
Bought by
Jpmorgan Chase Bank National A

Purchase Details

Closed on
Feb 5, 2007
Bought by
Synder Heather N

Purchase Details

Closed on
Jun 26, 1998
Sold by
Shultz George D
Bought by
Ronald Frazier

Purchase Details

Closed on
Apr 20, 1992
Bought by
Shultz George D and Shultz Barbara J

Purchase Details

Closed on
Oct 27, 1980
Bought by
Johnson Mark S

Purchase Details

Closed on
Sep 19, 1978
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
Letner Brandon $117,500 Radiant Title Llc
Brogan Shawn M $70,000 Title Insurance Company
Shirley Deborah $20,000 --
Jpmorgan Chase Bank National A $24,650 --
Synder Heather N $50,000 --
Ronald Frazier $30,000 --
Shultz George D $27,400 --
Johnson Mark S -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brogan Shawn M $56,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2021 09/29/21 Sold $117,500 +67.9% $163 / Sq Ft
06/08/2018 06/08/18 Sold $70,000 +7.7% $97 / Sq Ft View Prior Sale
03/28/2018 03/28/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $65,000 +225.0% $90 / Sq Ft
07/13/2012 07/13/12 Sold $20,000 -16.3% $28 / Sq Ft View Prior Sale
07/06/2012 07/06/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $23,900 -- $33 / 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 $446 $33,100 $4,500 $28,600
2023 $412 $18,250 $3,850 $14,400
2022 $412 $18,250 $3,850 $14,400
2021 $412 $18,250 $3,850 $14,400
2020 $412 $18,250 $3,850 $14,400
2019 $412 $18,250 $3,850 $14,400
2018 $351 $16,000 $3,850 $12,150
2017 $351 $16,000 $3,850 $12,150
2016 $414 $16,000 $3,850 $12,150
2015 $395 $18,850 $3,850 $15,000
2014 $395 $18,850 $3,850 $15,000
2013 -- $18,850 $3,850 $15,000
Source: Public Records

Agents Affiliated with this Home

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Source: East Tennessee REALTORS® MLS

MLS Number: 1165118

East Tennessee REALTORS® MLS

APN: 026J-B-002.00