2 months on rocket

12863 Summer City Rd, Spring City, TN, 37381

$207,500

Home List Price

$2,464*

Closing Credit

2 Bedrooms
1 Full Bath
1,050 SqFt
$198/SqFt
House

Location

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12863 Summer City Rd, Spring City$207,500

Buyer Closing Credits

$2,464*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingCarport, Detached, RV Parking, Off-Street Parking
Year Built2001
HeatingOther, Electric
CoolingWindow Unit(s)
FireplaceOther, Wood Burning
ViewOther
MLS #1278957
Lot Size6.60 Acres
StatusActive

About 12863 Summer City Rd

Peace and quiet is what you will find on this secluded 6.6 acre property with 2 homes. The main home features 2 bedrooms, 1 bathroom, a kitchen, updated flooring, and a wood burning fireplace. The cottage, or second home, which is almost complete is a studio style home, with one bed/living area, a kitchen, full bathroom, and a laundry area as well. The land is all usable, partially wooded and partially cleared, the property is flat with easy access from the main road and no big hills. Whether you are looking to a weekend getaway, hunting camp, or primary residence, this home is a must see!

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, Cabin, Traditional
  • Year Built: 2001
  • Living Area: 1,050 SqFt

Listing Office:

  • Office Name: Keller Williams
  • Office Phone: (865) 977-0770

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range
  • Basement: No
  • Flooring Type: Vinyl
  • Interior: Eat-in Kitchen
  • Fireplace: Other, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Porch - Covered, Deck

Parking Information:

  • Attached Garage: No
  • Parking: Carport, Detached, RV Parking, Off-Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 6.60 Acres

Utilities

Utilities Information:

  • Heating: Other, Electric
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: From Rhea County Highway take Wassam Memorial Highway. Turn left onto Shut In Gap Rd. Shut In Gap Road turn into Summer City Rd. One you pass the intersection with Lowes Gap Rd the home will be on the right in about 1/5 of a mile.

Price Information

Listing Price Info

Price Summary:

  • List Price: $207,500
  • Price Per SqFt: $198/SqFt

Tax Information:

  • Annual Amount: $231
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Spring City, TN.

Med. Sold Price

$345K

Med. Price/SqFt

$190

Avg. Days On Market

21

# of Sold Homes

5

12863 Summer City Rd vs Spring City

73 DAYS ON ROCKET

+52 Days

$207,500

-$137.5K Less

$198/SqFt

+$8 More

KEY TAKEAWAY

This property is $137.5K less than the Median Sold Price and $8/SqFt more than other homes in Spring City, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1278957

Listing Office:

  • Office Name: Keller Williams
  • Office Phone: (865) 977-0770

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 Knoxville Area Association of REALTORS® Multiple Listing Service. 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. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 6:21:07 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

Sep 20, 2011Home Sold
$20,000
Jul 06, 2001Home Sold
$22,485
Jul 06, 2001Home Sold
$16,300

Tax History

YEARPROP. TAXASSESSMENT
2020$231$9,700
2019$214$9,700
2018$214$9,700
2017$206$9,700

History based on county public records data.

Payment Calculator

$1,103

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$689

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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-892390
6
/10
  • Spring City Elementary School

  • 270 E Jackson Ave

  • 8.31 miles

  • Public District Grades PK-5

school-card-donut-892391
6
/10
  • Cecil B Rigsby Elementary School

  • 8231 New Harmony Rd

  • 10.87 miles

  • Public District Grades PK-5

school-card-donut-892392
4
/10
  • Pikeville Elementary School

  • 41068 Sr 30

  • 12.78 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,304. The majority of Spring City, TN residents have income less than $35k annually. The majority of families are married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12863 Summer City Rd

What is the listing price of this property?

The listing price of 12863 Summer City Rd property is $207,500.

What type of property is this?

The property 12863 Summer City Rd is a house located in Spring City, Tennessee, 37381.

Is this property for sale now?

Active Listing: 12863 Summer City 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 $231 (source: MLS/based on county public records data).

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

The last sale was on September 20, 2011 for $20,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 12863 Summer City Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 12863 Summer City Rd is 1,050 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12863 Summer City Rd is 2001.

Rocket HomesTennesseeRhea CountySpring City3738112863 Summer City Rd

This home is located at 12863 Summer City Rd in Spring City, TN and zip code 37381. This 1,050 square foot home, which was built in 2001, sits on a 6.60 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $207,500.

In November 2024, from all listings sold in Spring City, TN there were more than 0 sold above asking price, over 5 sold below and more than 0 were sold right at the asked price. In November 2024 in Spring City, TN there were 16% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $345,000, while the average time on the real estate market was 21 days.

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

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