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Sold for $410,000 on 11/01/23
  • $410,000

    551 Rhea Springs Rd, Spring City, TN 37381

    2beds
    1,073sqft
    SingleFamily
    Built in 1951
    44 Acres Lot
    $433,400 Zestimate®
    $382/sqft
    $1,213 Estimated rent

    Home value

    $433,400

    $360,000 - $507,000

    $1,213/mo

    Zestimate® history
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    $2,290/mo

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    What's special

    423-255-2257 for information. This 44 acre property has amazing potential and breathtaking views. There is an older home on the property sold “as is”. It has been gutted and prepped for remodel with new windows and exterior doors, some new plumbing, and is structurally sound. The multi acre pond has a levy system to control water height and is a gorgeous addition to the surrounding pasture land. The back side of the property has many razor and dirt bike trails through the mature pine forest. There is a walking trail around the pond area with scenic views. Three RV hook ups with septic, water, electricity, and internet are located on one side of the pond. There is also a previous mobile home site (with utilities still available) and an adjacent partially concreted hay shed in good condition. There is also a cabin and an older garage and outbuilding on the property. This property is in a nice lake community and is .5 miles from Watts Bar Lake and is one mile from a public boat ramp and Rhea Springs campground and public park. A great location, only 8 mins from Spring City elementary and 20 mins to the Rhea County High School. It is one hour from both Chattanooga and Knoxville.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • None, Stove
    Cooling
    • None
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Hardwood
    • Basement: None
    Interior area
    • Total interior livable area: 1,073 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Other
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 44 Acres
    Details
    • Parcel number: 03205000000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Foundation: Footing
    • Roof: Other
    Condition
    • Year built: 1951

    Community & neighborhood

    Location
    • Region: Spring City

    Price history

    DateEventPrice
    11/1/2023Sold$410,000-19.6%$382/sqft
    Source: Public Record
    6/30/2023Listing removed--
    Source: Owner
    5/15/2023Listed for sale$510,000+168.4%$475/sqft
    Source: Owner
    9/25/2017Sold$190,000-34.5%$177/sqft
    Source: Public Record
    11/21/2013Listing removed$289,900$270/sqft
    Source: Best Realty #1196093

    Public tax history

    YearProperty taxesTax assessment
    2024$585 -3.8%$43,375 +60.8%
    2023$608 $26,975
    2022$608 $26,975

    Find assessor info on the county website

    Neighborhood: 37381

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Spring City Elementary & Middle
    • Middle: Spring City Elementary & Middle
    • High: Rhea County High School

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $433,400
    2% more+ $8,668
    With Zillow Showcase(estimated)
    $442,068