This as-is investment opportunity for cash buyers is located in peaceful, scenic Spencer Tennessee which is close to Fall Creek Falls, Rock Island State Park, Burgess Falls to name a few. It has great potential to add your personal touches to make it your own home, get away cabin or Airbnb. Owner financing available with 20% down.
Features:
• New roof
• New windows
• New soffits
• Gutters with downspouts
• New plumbing
• New hot water tank
• New electrical w/ 200 amp fuse box
• Fully insulated attic
• New metal ceiling (industrial vibe)
• Ceiling fans in every room
• New kitchen and bathroom fixtures
• Full walkout basement fully enclosed that would double living space once finished
• Basement floor has recently been finished out and French doors installed where a garage door was.
• A French drain has been installed to provide proper water drainage as the house sits on a hillside.
The house sits on .66 acres of which the back half is wooded. It is on city water and sewer and wired for internet. It comes partially furnished, has a new refrigerator/freezer and a small washer. Each bedroom has its own closet and an additional wardrobe in master bedroom providing lots of storage. It currently has two remote controlled window A/C units for cooling. The front and back doors have option for keyless entry.
A 4 minute video of property is available upon request.
For sale by owner
$85,000
140 Spencer Dr, Spencer, TN 38585
--beds
--baths
768sqft
SingleFamily
Built in 1994
1 Acres Lot
$90,000 Zestimate®
$111/sqft
$-- HOA
What's special
Partially furnishedNew roofNew plumbingNew windowsNew hot water tankNew soffitsFrench doors installed
What the owner loves about this home
Secluded and peaceful. Easy access to several parks, including Fall Creek Falls, Burgess Falls and Rock Island State Park.
- 2 days
- 133
- 7
Listed by:
Property Owner (931) 691-4055
Facts & features
Interior
Heating
- Other, Electric
Cooling
- Wall
Features
- Basement: Unfinished
Interior area
- Total interior livable area: 768 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off-street
Features
- Exterior features: Wood, Brick
- Has view: Yes
- View description: Mountain
Lot
- Size: 1 Acres
Details
- Parcel number: 030IA03100000
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1994
Community & HOA
Location
- Region: Spencer
Financial & listing details
- Price per square foot: $111/sqft
- Tax assessed value: $19,900
- Annual tax amount: $119
- Date on market: 9/22/2026
Estimated market value
$90,000
$70,000 - $113,000
$1,204/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2026 | Listed for sale | $85,000+31%$111/sqft |
Source: Owner Report a problem | ||
| 10/1/2024 | Sold | $64,900-11%$85/sqft |
Source: | ||
| 9/23/2024 | Contingent | $72,900$95/sqft |
Source: | ||
| 9/12/2024 | Listed for sale | $72,900+386%$95/sqft |
Source: | ||
| 10/19/2023 | Sold | $15,000$20/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $119 | $4,975 |
| 2024 | $119 | $4,975 |
| 2023 | $119 | $4,975 |
| 2022 | $119 | $4,975 |
| 2021 | -- | $4,975 +42.1% |
| 2020 | $81 | $3,500 |
| 2019 | $81 +19.7% | $3,500 |
| 2018 | $68 -0.7% | $3,500 |
| 2017 | $68 | $3,500 |
| 2016 | $68 | $3,500 |
| 2015 | $68 | $3,500 |
| 2014 | $68 +6.9% | $3,500 +0.7% |
| 2013 | $64 +9.6% | $3,474 |
| 2012 | $58 0% | $3,474 |
| 2011 | $58 +16.8% | $3,474 |
| 2010 | $50 | $3,474 |
| 2009 | $50 | $3,474 |
| 2008 | -- | $3,474 +7.7% |
| 2007 | $70 | $3,226 |
| 2006 | $70 +10.7% | $3,226 |
| 2005 | $63 | $3,226 |
| 2004 | $63 | $3,226 |
| 2002 | $63 | $3,226 +13.6% |
| 2001 | -- | $2,840 -75% |
| 2000 | -- | $11,358 |
Find assessor info on the county website
Monthly payment
Est. payment








