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1085 New Lake Rd, Spring City, TN, 37381

$749,000

Home List Price

$8,894*

Closing Credit

6 Bedrooms
4 Full Baths
3,816 SqFt
$196/SqFt
House
Schools Nearby

Location

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1085 New Lake Rd, Spring City$749,000

Buyer Closing Credits

$8,894*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Parking2 Car Garage, Attached, Front Loading, Main Level, Off Street Parking
Attached Garage2 spaces
Year Built1958
HeatingCentral, Natural Gas
CoolingMulti Unit(s), Central Air
FireplaceGas Logs, In Living Room
ViewOther, Water
MLS #1374626
Lot Size0.66 Acres
StatusActive

About 1085 New Lake Rd

Two Watts Bar Waterfront homes for the price of one!! The main home offers six bedrooms, 4 full baths, living room with gas fireplace, family room, dining room and recreation room, all with awesome views of the Piney River/Watts Bar Lake main channel. There is an additional formal dining room, laundry room, 2 car garage and large deck for entertaining. The second home main level offers a private Master suite with bath overlooking the lake and amazing sunrises, kitchen and a deck to relax and enjoy the views. The lower level offers 2 bedrooms, 1 full bath/laundry room, living area and a full kitchen. This property would make the perfect ''Bed n Breakfast'' residence or enjoy it full time or as a family get-away/retreat. The location, level lot and dock are so convenient and accommodating. Updates include a new gas water heater, some new vinyl flooring, new metal roof and HVAC. This property has great rental history! So convenient to several marina/resorts and free boat launch! This is a must-see property, call for your private tour today!!

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Level, Site Built
  • Year Built: 1958
  • Living Area: 3,816 SqFt

Listing Office:

  • Office Name: ERA Blue Key Properties Spring City

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Electric Water Heater
  • Basement: No
  • Flooring Type: Carpet, Hardwood Solid, Vinyl
  • Interior: Washer & Dryer Hookup
  • Fireplace: Gas Logs, In Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • View: Other, Water
  • Exterior: Dock - Stationary, Gazebo, Guest House, Patio/Deck, Porch Covered

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: 2 Car Garage, Attached, Front Loading, Main Level, Off Street Parking

Lot Features

Lot Information:

  • Lot: Level, Views
  • Lot Size: 0.66 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Multi Unit(s), Central Air

Other

Directions Information:

  • Directions: from office in Spring City-Traveling Hwy 27N turn right at 1st traffic light onto New Lake Road/Hwy 302-follow around to property on left. SOP

Price Information

Listing Price Info

Price Summary:

  • List Price: $749,000
  • Price Per SqFt: $196/SqFt

Tax Information:

  • Annual Amount: $4,752
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Number: #1374626

Listing Office:

  • Office Name: ERA Blue Key Properties Spring City

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/28/2024, 9:25:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 07, 2006Home Sold
$550,000
Mar 10, 2003Home Sold
$195,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,752$164,850
2019$4,752$164,850
2018$4,424$143,700
2017$4,424$140,150

History based on county public records data.

Payment Calculator

$3,806

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,312

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-7468355
6
/10
  • Spring City Elementary School

  • 270 E Jackson Ave

  • 0.77 miles

  • Public District Grades PK-5

school-card-donut-7468356
6
/10
  • Meigs North Elementary School

  • 22015 State Highway 58 N

  • 9.45 miles

  • Public District Grades PK-5

school-card-donut-7468357
6
/10
  • Pine View Elementary School

  • 349 Daysville Rd

  • 14.15 miles

  • Public District Grades PK-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,934. Most Rhea County, TN residents have annual incomes between $35k-100k. The majority of families are married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Spring City, TN

What type of housing is available in Spring City, TN?

Single detached homes are the most common housing type, representing many buildings in Spring City, while the rest are mainly mobile homes. This town is primarily composed of two bedroom and three bedroom homes. Homeowners occupy around three quarters of the dwellings in Spring City while the rest are rented. The average year of construction for buildings in this part of Rhea county is 1983.

Is Spring City, TN a good place to live?

Spring City is wonderful for those who need quiet surroundings, as the streets are especially peaceful.

Are things conveniently located in Spring City, TN?

Getting to the nearest grocery store by walking is practical for some, but not all, property owners in Spring City. A small variety of restaurants and cafes can be found as well. Regarding education, it is a reasonably short walk to reach primary schools from most houses for sale in Spring City. On the other hand, locals may find it difficult to access high schools on foot.

What does the transportation in Spring City, TN look like?

Cars are an excellent mode of transportation in Spring City. Parking is quite easy, and the majority of homes for sale are a very short car ride from the closest highway. Traveling on foot is not very practical for house buyers in Spring City as running daily errands is inconvenient.

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Frequently Asked Questions About 1085 New Lake Rd

What is the listing price of this property?

The listing price of 1085 New Lake Rd property is $749,000.

What type of property is this?

The property 1085 New Lake Rd is a house located in Spring City, Tennessee, 37381.

Is this property for sale now?

Active Listing: 1085 New Lake Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,752 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 7, 2006 for $550,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1085 New Lake Rd has 6 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1085 New Lake Rd is 3,816 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1085 New Lake Rd is 1958.

Rocket HomesTennesseeRhea CountySpring City373811085 New Lake Rd

This home is located at 1085 New Lake Rd in Spring City, TN and zip code 37381. This 3,816 square foot home, which was built in 1958, sits on a 0.66 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 05, 2023 and is currently priced at $749,000.

In February 2024 more than 1 listings in Rhea County, TN were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 4 were sold below. Between January 2024 and February 2024, Rhea County, TN real estate market has seen decrease in the number of listings by 3.2%. The median list price of listings available in February 2024 was $296,500, while the average time on the real estate market was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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