Sold
Last Sold Price
4 beds1,680 sqft
1255 New Lake Rd, Unit 24, Spring City, TN 37381
CondoProperty Type
2019Year Built
$130/sq ftPrice per sq ft
$125/moHOA Fees

Description

New Townvhome on Watts Bar Lake! Features 4 bedrooms, 3bathrooms, quartz tops, white cabinets, french doors, nuwool insulation, stainless appliances, stamped concrete porch and aluminum top deck. Come see what all this townvhome has to offer! Will also lease to own with 10% down.New Townvhome on Watts Bar Lake! Features 4 bedrooms, 3bathrooms, quartz tops, white cabinets, french doors, nuwool insulation, stainless appliances, stamped concrete porch and aluminum top deck. Come see what all this townvhome has to offer! Will also lease to own with 10% down.
  • Listed by: Sadie Hoover • Tennessee Realty, LLC
Listing closed: 09/25/2020 12:00 AM • Source: KAARMLS, MLS#: 1117191

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Recent comparable sales

Median sold price

$256,500

Avg days on market

58

Sale-to-list ratio

95.8%

Spring City, TN

9 comparable properties found

$435,000 | 1235 New Lake Road, Unit 10, Spring City, TN 37381
1/40
1

$435,000

Sold 08/12/25

4
Bedrooms
1,680
Square Feet
Unavailable
Acres
$256,500 | 1355 Ideal Valley Road, Spring City, TN 37381
1/46
2

$256,500

Sold 05/28/26

4
Bedrooms
1,890
Square Feet
0.94
Acres
$210,000 | 659 West Rhea Avenue, Spring City, TN 37381
1/32
3

$210,000

Sold 06/10/25

4
Bedrooms
1,896
Square Feet
0.24
Acres
a front view of house with yard
1/14
4

$251,000

Sold 08/15/25

4
Bedrooms
1,775
Square Feet
6
Acres
$230,000 | 254 Twin View Drive, Spring City, TN 37381
1/46
5

$230,000

Sold 02/14/25

4
Bedrooms
2,854
Square Feet
0.57
Acres
$285,000 | 242 Lake Hills Circle, Spring City, TN 37381
1/51
6

$285,000

Sold 06/13/25

4
Bedrooms
1,560
Square Feet
0.51
Acres
$265,000 | 1000 Cemetery Road, Spring City, TN 37381
1/33
7

$265,000

Sold 08/03/26

3
Bedrooms
1,760
Square Feet
0.44
Acres
$460,000 | 109 Scenic Hill Drive, Spring City, TN 37381
1/46
8

$460,000

Sold 09/11/26

4
Bedrooms
2,664
Square Feet
0.81
Acres
$212,000 | 330 Hilleary Street, Spring City, TN 37381
1/32
9

$212,000

Sold 07/02/25

3
Bedrooms
1,754
Square Feet
0.86
Acres

Location

Listing Courtesy of Tennessee Realty, LLC, Sadie Hoover

Sold By Isham-Jones Realty, Leslie Letner (931.260.9638)

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Principal and Interest

$1,132

Property Taxes

$130

HOA Dues

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Property Information for 1255 New Lake Road, Unit 24

Property Details
  • Taxes: $1,562 / year
  • MLS Type: Single Family / Condominium
  • County: Rhea County
  • Architectural Style: Traditional
  • Sub division Name: HOOVER LANDING
  • Style Traditional: True
Building Information
  • Building/Complex: 1255 New Lake Rd
  • Year Built: 2019
Summary
Location and General Information
  • City: Spring City
  • County Or Parish: Rhea County - 42
  • Directions: Spring City on the Lake... Take New Lake road pass McDonalds approximately 1.2 Miles. Townhomes are on the left. This is the 2nd one from the road on the right.
  • FrontageType: Lakefront
  • Latitude: 35.682597
  • Longitude: -84.854766
  • MLS Area Major: Rhea County - 42
  • MLS Area Minor: Rhea County - 42
  • Postal Code: 37381
  • State Or Province: TN
  • Unit Number: 24
  • View Lake: True
  • View Lakefront: True
  • Location Tax Legal Info Unit Number: 24
  • Location Tax Legal Info Area: Rhea County - 42
  • Remarks Misc Directions: Spring City on the Lake... Take New Lake road pass McDonalds approximately 1.2 Miles. Townhomes are on the left. This is the 2nd one from the road on the right.
  • Amenities Available Lake: true
  • Topography Level: True
Parking
  • Atchd Dtchd Type Attached: True
  • Garage Parking Other: True
School Information
  • High School: Rhea County
  • Location Tax Legal Info High School: Rhea County
Taxes and HOA Information
  • Association Fee: 125.0
  • Association: true
  • Association Fee Frequency: Monthly
  • Parcel Number: 037b B 002.02
  • Location Tax Legal Info Total Tax: 1562.0
  • General Property Description HOA Fee: 125.0
  • General Property Description HOA Freq: Monthly
  • General Property Description HOA Contact: HOOVER LANDING
  • General Property Description HOA: Mandatory
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 0.0
  • Lot Size Square Feet: 0.0
  • Year Built: 2019
  • Lot Features: Lake Access, Lakefront
  • Building Area Total: 1680.0
  • Living Area Source: Owner
  • Lot Size Acres: 0.0
  • General Property Description SqFt - Main Lvl: 840.0
  • General Property Description SqFt - Down Lvl: 840.0
  • General Property Description SqFt - 2nd Flr Lvl: 0.0
  • General Property Description SqFt - 3rd Flr Lvl: 0.0
  • General Property Description SqFt - Source: Owner
  • General Property Description Site Built: Yes
  • General Property Description New Construction: Never Occupied
  • Lot Description Lake Access: True
  • Lot Description Lakefront: True
  • Lot Description Level: True
Property and Assessments
  • Possession: At Closing
  • Sign On Property: Yes
  • Property Attached: Yes
  • Property Type Label: Single Family
  • Floor Plans Count: 0
  • Property Type: Single Family
  • Property Sub Type: Condominium
  • Possession At Closing: True
Utilities
  • Fuel Electric: True
  • Misc Features Internet Available: True
  • Sewer Public Sewer: True
  • Water Public: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch - Covered, Windows - Vinyl
  • Construction Materials: Brick
  • Siding Brick: True
  • Siding Other: True
  • Exterior Features Porch - Covered: True
  • Exterior Features Windows - Vinyl: True
  • Misc Features Pantry: True
Interior Features
  • Beds Total: 4
  • Baths Full: 3
  • Baths Half: 0
  • Cooling: Central Cooling
  • Fireplaces Total: 0
  • Fireplace: No
  • Bathrooms Total Integer: 3
  • Cooling Details: Yes
  • Kitchen Appliances: Dishwasher, Refrigerator, Smoke Detector, Microwave
  • Basement: No
  • Heating Details: Central
  • Fireplace Features: None
  • Flooring: Tile, Laminate, Carpet
  • Heating: Yes
  • Heating Central: Yes
  • Fireplace None: True
  • Cooling Central Cooling: True
  • Floors Carpet: True
  • Floors Laminate: True
  • Floors Tile: True
  • Basement None: True
  • General Property Description Number of Bedrooms: 4
  • General Property Description Number of Rooms: 7
  • General Property Description Fireplace: No
  • General Property Description Number of Fireplace: 0.0
  • General Property Description Basement: No
  • General Property Description Bonus Room: No
  • Heat Central: True
  • Dining Area Eat-in Kitchen: True
  • Dining Area Living Room Dining Room: True
  • Appliances Dishwasher: True
  • Appliances Microwave: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Appliances Smoke Detector: True
  • Misc Features Walk-in Shower: True
Room Information
Room
  • Rooms Total: 7
Rental
Rent Information
  • General Property Description Restrictions: Yes
  • Tenant Expenses Cooling: Central Cooling
  • Tenant Expenses Heating: Central

Property History for 1255 New Lake Road, Unit 24

DateEvent & SourcePriceAppreciation
Sep 25, 2020

Closed

KAARMLS #1117191

$219,000
Jul 7, 2020

Contract - Not Showing

KAARMLS #1117191

May 18, 2020

Listed (Active)

KAARMLS #1117191

$250,000
DateEvent & SourcePrice
09/25/2020

Closed

KAARMLS #1117191

$219,000
07/07/2020

Contract - Not Showing

KAARMLS #1117191

05/18/2020

Listed (Active)

KAARMLS #1117191

$250,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1255 New Lake Road, Unit 24

Taxable ValueLand$8,500Additions$39,175Total$47,675
Tax Record2021$1,766 ($147 / month)
Home Facts
Beds0Total Finished SqFt1,680 SqFtAbove Grade Finished SqFt1,680 SqFtStories2StyleCondominiumYear Built2018Year Renovated2018CountyRHEAAPN072037B B 00202C005

Schools near 1255 New Lake Road, Unit 24

This home is within Rhea County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Spring City Elementary School
PublicPK to 5

Spring City Middle School
Public6 to 8

Rhea County High School
Public9 to 12

Rhea Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1255 New Lake Road, Unit 24, Spring City, TN 37381
$219,000
4
1,680
$295,500
2
1,600
0
$373,000
4
1,680
$80,000
3
1,172
35,719
$70,000
1
792
14,375
1
1,424
1,068,091

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Tennessee Realty, LLC, Sadie Hoover

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 08/30/2021 06:00 AM