Sold
Last Sold Price
lot 408 Oak Tree Dr Spring, Unit 408, Spring City, TN 37381
Single FamilyProperty Type
1.25 acresLot Size

Description

Spectacular Sunsets are awaiting! Imagine sitting on your deck and enjoying the all this property has to offer. This 1.25 acre lot overlooks the Piney River on Watts Bar Lake and offers amazing views of the lake, mountains & sunsets! Don't miss your opportunity to own a little piece of paradise... Call for your private showing today!Spectacular Sunsets are awaiting! Imagine sitting on your deck and enjoying the all this property has to offer. This 1.25 acre lot overlooks the Piney River on Watts Bar Lake and offers amazing views of the lake, mountains & sunsets! Don't miss your opportunity to own a little piece of paradise... Call for your private showing today!
  • Listed by: Gary Venice • Blue Key Properties Spring City
Listing closed: 11/25/2020 12:00 AM • Source: Greater Chattanooga Association of REALTORS, MLS#: 1277624

Recent comparable sales

Median sold price

$35,000

Avg days on market

285

Sale-to-list ratio

78.4%

Spring City, TN

9 comparable properties found

$50,000 | 235 Len Mar Road, Spring City, TN 37381
1/13
1

$50,000

Sold 03/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.29
Acres
$32,500 | 0 Piney Point Road, Spring City, TN 37381
1/13
2

$32,500

Sold 11/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.01
Acres
$32,000 | 0 Spring Harbor Drive, Unit LOT 32A, Spring City, TN 37381
1/23
3

$32,000

Sold 12/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.69
Acres
4

$40,000

Sold 05/16/25

Unavailable
Bedrooms
Unavailable
Bathrooms
924
Square Feet
0.85
Acres
$290,000 | N/a Torbett Road, Spring City, TN 37381
1/39
5

$290,000

Sold 04/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.92
Acres
$8,000 | 0 Chestnut Drive, Spring City, TN 37381
1/3
6

$8,000

Sold 11/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.5
Acres
$30,000 | 264 Len Mar Road, Spring City, TN 37381
1/21
7

$30,000

Sold 10/10/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.52
Acres
$35,000 | 156 Smoke Rise Cove, Spring City, TN 37381
1/8
8

$35,000

Sold 07/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.39
Acres
$54,900 | Lot 238 Hickory Dr Spring, Spring City, TN 37381
1/12
9

$54,900

Sold 08/10/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.49
Acres

Amenities

  • Deck
  • Waterfront

Location

Listing Courtesy of Blue Key Properties Spring City, Gary Venice (423.365.2515)

Sold By COMPS ONLY, Comps Only (423.698.8001)

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30 year fixed, 6.71% Interest

Principal and Interest

$230

Property Taxes

$39

HOA Dues

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Property Information for Lot 408 Oak Tree Dr Spring, Unit 408

Property Details
  • Taxes: $467 / year
  • MLS Type: Land / Residential
  • County: Rhea County
Building Information
  • Lot Size: 1.25 AC
Summary
Location and General Information
  • City: Spring City
  • County Or Parish: Rhea
  • Directions: from office in Spring City-Hwy 27N to right on E Jackson-left on Toestring Valley Road -right on Ware Farms Road-bear right @ ''Y'' onto Spruce Drive-right on Oak Tree to property on right. SOP
  • Latitude: 35.670602
  • Longitude: -84.798549
  • Postal Code: 37381
  • State Or Province: TN
  • Subdivision Name: Lakewood Village
  • Location Tax Legal Info : Zoning: None
  • Flood Zone : No: Yes
  • Road : County: Yes
Taxes and HOA
  • Tax Book Number: 424
  • Tax Legal Description: ref:pb 424/pg 625
  • Parcel Number: 038k A 024.00
  • Association Fee: $0
  • Tax Annual Amount: $467
  • Location Tax Legal Info : Deed Page: 625
School Information
  • Middle Or Junior School: Spring City
  • High School: Rhea County High School
  • Elementary School: Spring City
Property
Lot Information
  • Lot Features: Lake, Rural, Sloping, Subdivision, Water View, Wooded, Water Front
  • Lot Size Dimensions: 50x547.8 IRR
  • Lot Size Acres: 1.25
  • Lot Size Square Feet: 54450.0
  • Lot Size Units: Acres
Property and Assessments
  • Property Type Label: Land
  • Documents Available: Confirmation of Agency, Disclaimer, Property Disclosure
  • Floor Plans Count: 0
  • Property Type: Land
  • Property Sub Type: Residential
  • Improvements : None: Yes
  • Adjacent Use : Rural: Yes
  • Adjacent Use : Single Family: Yes
  • Options : Will Not Divide: Yes
Utilities
  • Utilities: Electricity Available, Phone Available
Interior and Exterior Features
Exterior Features
  • Structures : None: Yes
Interior Features
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Shape : Deep/Narrow: Yes
  • Shape : Irregular: Yes
Multi Family
Multi-Family Information
  • Location Tax Legal Info : Unit #/Lot: #408

Property History for Lot 408 Oak Tree Dr Spring, Unit 408

DateEvent & SourcePriceAppreciation
Nov 25, 2020

Closed

Greater Chattanooga Association of REALTORS #1277624

$44,500
Sep 14, 2020

Contract - Not Showing

Greater Chattanooga Association of REALTORS #1277624

Mar 2, 2020

Price Change

Greater Chattanooga Association of REALTORS #1277624

$52,500
DateEvent & SourcePrice
11/25/2020

Closed

Greater Chattanooga Association of REALTORS #1277624

$44,500
09/14/2020

Contract - Not Showing

Greater Chattanooga Association of REALTORS #1277624

03/02/2020

Price Change

Greater Chattanooga Association of REALTORS #1277624

$52,500

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

Schools near Lot 408 Oak Tree Dr Spring, Unit 408

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: Lot 408 Oak Tree Dr Spring, Unit 408, Spring City, TN 37381
$44,500
54,450
$44,500
54,450
1
1,020
7,380
$345,000
3.25
1,630
27,467
$20,000
24,393
$4,000
0

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 Blue Key Properties Spring City, Gary Venice (423.365.2515)

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: 09/10/2024 12:29 AM