7 months on rocket

525 Basil Fugate Rd, Spring City, TN, 37381

$1,050,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,267 SqFt
$463/SqFt
House

Location

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525 Basil Fugate Rd, Spring City$1,050,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingAttached, Carport
Attached Garage2 spaces
Year Built2023
HeatingCentral, Heat Pump, Propane, Electric
CoolingCentral Air, Ceiling Fan(s)
WaterfrontPond
FireplaceGas, Insert, Gas Log
ViewTrees/Woods, Other
MLS #1257187
Lot Size21.25 Acres
StatusActive

About 525 Basil Fugate Rd

Check out this newly constructed modern farmhouse is situated on 22 sprawling acres, pond, offering a tranquil retreat with ample space, and privacy. With its pristine white exterior and sleek lines, the home exudes a contemporary elegance that harmonizes with its natural surroundings. The expansive windows flood the interiors with natural light, creating a bright and airy ambiance. Step inside to discover a spacious and well-appointed floor plan that seamlessly blends comfort and functionality. The open-concept living areas invite you to relax and entertain, while the kitchen is a chef's dream with its appliances and ample counter space. Luxurious bedrooms provide a sanctuary for rest and rejuvenation, complete with gorgeous bathrooms. The outdoor living spaces are equally impressive, featuring a covered patio that overlooks the picturesque acreage. This exceptional property offers the dream of a perfect blend of modern luxury and serene country living. All information is deemed to be accurate but not guaranteed. The Buyer(s) should verify any & all information that is important to them before making an offer.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2023
  • Living Area: 2,267 SqFt

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 693-3232

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Self Cleaning Oven
  • Basement: No
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Island in Kitchen, Pantry, Walk-In Closet(s), Breakfast Bar, Eat-in Kitchen
  • Fireplace: Gas, Insert, Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Pond
  • View: Trees/Woods, Other
  • Exterior: Window - Energy Star, Porch - Covered, Cable Available (TV Only)

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Carport

Lot Features

Lot Information:

  • Lot: Pond, Wooded, Level, Rolling/Hilly
  • Lot Size: 21.25 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Follow I-75 S to TN-68 N/New Hwy 68 in Monroe County. Take exit 60 from I-75 26 min (29.0 mi) Merge onto I-40/I-75 S (4.5 mi) Use the left 2 lanes to turn slightly left onto I-75 (signs for Chattanooga) (24.1 mi) Take exit 60 for TN-68 toward Sweetwater/Spring City (0.4 mi) Follow TN-68 N to Basil Fugate Rd in Rhea County 23 min (19.8 mi) Turn right onto TN-68 N/New Hwy 68 Continue to follow TN-68 N (11.5 mi) At the traffic circle, take the 2nd exit onto TN-68 (7.9 mi) Turn right onto Basil Fugate Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,050,000
  • Price Per SqFt: $463/SqFt
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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

525 Basil Fugate Rd vs Spring City

233 DAYS ON ROCKET

+187 Days

$1,050,000

+$705K More

$463/SqFt

+$273 More

KEY TAKEAWAY

This property is $705K more than the Median Sold Price and $273/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: #1257187

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 693-3232

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, 11:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020 - $23,225

History based on county public records data.

Payment Calculator

$5,308

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,214

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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-343892
6
/10

  • Spring City Elementary School

  • 270 E Jackson Ave

  • 3.57 miles

  • Public District Grades PK-5

school-card-donut-343893
6
/10

  • Meigs North Elementary School

  • 22015 State Highway 58 N

  • 6.67 miles

  • Public District Grades PK-5

school-card-donut-343894
7
/10

  • Frazier Elementary School

  • 3900 Double S Rd

  • 12.50 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. Typical income of Spring City, TN residents is between $35k-100k annually. The most common type of family is 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 525 Basil Fugate Rd

What is the listing price of this property?

The listing price of 525 Basil Fugate Rd property is $1,050,000.

What type of property is this?

The property 525 Basil Fugate Rd is a house located in Spring City, Tennessee, 37381.

Is this property for sale now?

Active Listing: 525 Basil Fugate Rd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 525 Basil Fugate Rd has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 525 Basil Fugate Rd is 2,267 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 Basil Fugate Rd is 2023.

Rocket Homes›Tennessee›Rhea County›Spring City›37381›525 Basil Fugate Rd

This home is located at 525 Basil Fugate Rd in Spring City, TN and zip code 37381. This 2,267 square foot home, which was built in 2023, sits on a 21.25 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $1,050,000.

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%. In October 2024 median list price was $345,000 and the average listing age was 46 days.

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

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