2 months on rocket

225 Lake Forest Ln, Spring City, TN, 37381

$799,000

Home List Price

$9,488*

Closing Credit

3 Bedrooms
4 Full Baths, 1 Partial
3,158 SqFt
$253/SqFt
House

Location

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225 Lake Forest Ln, Spring City$799,000

Buyer Closing Credits

$9,488*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingGarage Door Opener, Attached, Carport, Basement
Attached Garage3 spaces
Year Built2003
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s)
BasementYes
WaterfrontWater Access, River, Lake Front
FireplaceStone, Wood Burning
ViewLake
MLS #1275740
Lot Size0.89 Acres
StatusActive

About 225 Lake Forest Ln

This stunning WATERFRONT LOG HOME offers the perfect blend of rustic charm and modern convenience, located on our beautiful Watts Bar Lake. This property was designed for both relaxation and entertaining, with spacious indoor and outdoor areas. The heart of this home is the open kitchen, dining and Living room with soaring beam celling and large windows for a grand view. The stone wood burning fireplace is perfect for those cozy evenings. The master bedroom is located on the main level with it's private master bath. Each of the two bedrooms on the second floor have their own private full bathroom, you will also find a office area, (sellers are using this as a fourth bedroom). The basement level features a comfortable den with kitchenette, full bathroom, ideal for guest or in-law suite, (currently used as a bedroom) . Ample parking and storage are available, with a three car garage, owners are using this partly as a bonus area for pool table. This property includes a private dock equipped with boat lifts and jet ski lifts and yes you have YEAR AROUND WATER at the dock. Need a place to launch you boat you have a private concrete boat ramp with this home. This home has it all, call today for a private showing. Sellers are in the process of moving and I will have updated pictures soon of the inside.

Property Details

Property Features

Property Information:

  • Architectural Style: Log
  • Year Built: 2003
  • Living Area: 3,158 SqFt

Listing Office:

  • Office Name: Coldwell Banker Pryor Realty
  • Office Phone: (423) 775-4044

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Tile
  • Interior: Cathedral Ceiling(s), Island in Kitchen, Breakfast Bar, Eat-in Kitchen
  • Fireplace: Stone, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Water Access, River, Lake Front
  • View: Lake
  • Exterior: Windows - Wood, Windows - Insulated, Patio, Deck, Boat - Ramp, Dock

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Garage Door Opener, Attached, Carport, Basement

Lot Features

Lot Information:

  • Lot: River, Waterfront, Level, Rolling/Hilly
  • Lot Size: 0.89 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Dayton, north on 27 to Spring City, right on Hwy 68 (Watts Bar Hwy), Left on Wolf Creek Road, right at the fork to Pinhook Road, left on Lake Forest Drive, right on Lake Forest Lane, home will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,000
  • Price Per SqFt: $253/SqFt

Tax Information:

  • Annual Amount: $2,362
  • Tax Year: 2020
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Housing Market Comparison

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

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Spring City, TN

City

Med. Sold Price

$345K

Med. Price/SqFt

$190

Avg. Days On Market

46

# of Sold Homes

14

225 Lake Forest Ln vs Spring City

68 DAYS ON ROCKET

+22 Days

$799,000

+$454K More

$253/SqFt

+$63 More

KEY TAKEAWAY

This property is $454K more than the Median Sold Price and $63/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: #1275740

Listing Office:

  • Office Name: Coldwell Banker Pryor Realty
  • Office Phone: (423) 775-4044

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: 11/14/2024, 10:20:55 PM 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 21, 2014Home Sold
$495,000
Aug 22, 2012Home Sold
$470,000
Jan 16, 1988Home Sold
$26,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,362$123,975
2019$2,362$123,400
2018$2,362$107,525
2017$2,362$107,525

History based on county public records data.

Payment Calculator

$4,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,462

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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-291722
6
/10

  • Spring City Elementary School

  • 270 E Jackson Ave

  • 3.95 miles

  • Public District Grades PK-5

school-card-donut-291723
6
/10

  • Meigs North Elementary School

  • 22015 State Highway 58 N

  • 6.54 miles

  • Public District Grades PK-5

school-card-donut-291724
7
/10

  • Frazier Elementary School

  • 3900 Double S Rd

  • 14.27 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,934. Most Spring City, TN residents have annual incomes between $35k-100k. Typical family type is married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 225 Lake Forest Ln

What is the listing price of this property?

The listing price of 225 Lake Forest Ln property is $799,000.

What type of property is this?

The property 225 Lake Forest Ln is a house located in Spring City, Tennessee, 37381.

Is this property for sale now?

Active Listing: 225 Lake Forest Ln 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 $2,362 (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 21, 2014 for $495,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 225 Lake Forest Ln has 3 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 225 Lake Forest Ln is 3,158 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 225 Lake Forest Ln is 2003.

Rocket Homes›Tennessee›Rhea County›Spring City›37381›225 Lake Forest Ln

This home is located at 225 Lake Forest Ln in Spring City, TN and zip code 37381. This 3,158 square foot home, which was built in 2003, sits on a 0.89 acre lot. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 07, 2024 and is currently priced at $799,000.

Over 1 listings were sold over their listed price in October 2024 in Spring City, TN. In the same period over 10 listings were sold below the listed price and 3 listings were sold for the listed price. The inventory of homes for sale in Spring City, TN between September 2024 and October 2024 decreased by 5.7%. Listings spent 46 days on the market in October 2024, and had a median list price of $345,000 during the same period.

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

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