Sold
Last Sold Price
$40,000
2 beds875 sqft

New Lake Rd Spring, Spring City, TN 37381

Single FamilyProperty Type
1.05 acresLot Size
1948Year Built
$46/sq ftPrice per sq ft

Description

First time buyers and investors, take a look at this one. Property has been lovingly maintained. Prime location in the city limits and Watts Bar Lake across the street. 3 parcels for a total of one level acre allows for plenty of room for expansion.First time buyers and investors, take a look at this one. Property has been lovingly maintained. Prime location in the city limits and Watts Bar Lake across the street. 3 parcels for a total of one level acre allows for plenty of room for expansion.
  • Listed by: Patty Cawood • Coldwell Banker Pryor Realty
Listing closed: 12/04/2013 12:00 AM • Source: KAARMLS, MLS#: 840491
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Recent comparable sales

Median sold price

$165,000

Avg days on market

53

Sale-to-list ratio

87.1%

Spring City, TN

9 comparable properties found

a house with trees in the background
1/14
1

$180,000

Sold 03/21/25

2
Bedrooms
768
Square Feet
1.5
Acres
$165,000 | 155 Broyles Road, Spring City, TN 37381
1/14
2

$165,000

Sold 07/02/26

2
Bedrooms
784
Square Feet
0.17
Acres
$220,000 | 2474 New Lake Road, Spring City, TN 37381
1/16
3

$220,000

Sold 02/06/26

2
Bedrooms
1,040
Square Feet
0.55
Acres
$162,000 | 676 West Rhea Avenue, Spring City, TN 37381
1/29
4

$162,000

Sold 05/27/26

2
Bedrooms
814
Square Feet
0.18
Acres
$194,000 | 287 Watson Avenue, Spring City, TN 37381
1/25
5

$194,000

Sold 12/08/25

2
Bedrooms
1,029
Square Feet
0.36
Acres
$90,000 | 498 West Rhea Avenue, Spring City, TN 37381
1/11
6

$90,000

Sold 06/15/26

2
Bedrooms
1,015
Square Feet
0.31
Acres
$209,000 | 183 Earl Ezell Road, Spring City, TN 37381
1/31
7

$209,000

Sold 06/06/25

2
Bedrooms
1,060
Square Feet
0.59
Acres
$96,500 | 380 Cash Street, Spring City, TN 37381
1/33
8

$96,500

Sold 06/18/25

2
Bedrooms
1,080
Square Feet
0.27
Acres
$165,000 | 393 Pocahontas Avenue, Spring City, TN 37381
1/32
9

$165,000

Sold 03/20/26

2
Bedrooms
1,012
Square Feet
0.28
Acres

Location

Listing Courtesy of Coldwell Banker Pryor Realty, Patty Cawood

Sold By ERA Blue Key Properties, Melanie Reynolds (423.365.2515)

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Property Information for New Lake Rd Spring

Property Details

  • Taxes: $530 / year
  • MLS Type: Single Family / Residential
  • County: Rhea County
  • Architectural Style: Traditional
  • Sub division Name: nisd
  • Style Traditional: True

Building Information

  • Year Built: 1948
  • Lot Size: 1.05 AC / 45,738 SF

Summary

Location and General Information
  • City: Spring City
  • County Or Parish: Rhea County - 42
  • Directions: From Highway 27 north in Spring City, turn right on New Lake Road (Hwy. 302), beside McDonald s. Travel approximately 1 mile; property is on the right, across from Watts Bar Lake. SOP.
  • Latitude: 35.669886
  • Longitude: -84.857696
  • MLS Area Major: Rhea County - 42
  • MLS Area Minor: Rhea County - 42
  • Postal Code: 37381
  • State Or Province: TN
  • View Lake: True
  • Location Tax Legal Info Area: Rhea County - 42
  • Remarks Misc Directions: From Highway 27 north in Spring City, turn right on New Lake Road (Hwy. 302), beside McDonald s. Travel approximately 1 mile; property is on the right, across from Watts Bar Lake. SOP.
  • Amenities Available Lake: true
  • Topography Level: True
Parking
  • Attached Garage: No
  • Parking Features: None
  • Garage Parking None: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Association: false
  • Location Tax Legal Info Total Tax: 530.0
  • General Property Description HOA Fee: 0.0
Virtual Tour
  • Virtual Tours Count: 0

Property

Lot Information
  • Lot Size Area: 1.05
  • Lot Size Units: Acres
  • Lot Size Square Feet: 45738.0
  • Year Built: 1948
  • Building Area Total: 875.0
  • Lot Size Acres: 1.05
  • Lot Size Dimensions: .38/.21/.46
  • General Property Description SqFt - Main Lvl: 875.0
  • General Property Description SqFt - Down Lvl: 0.0
  • General Property Description SqFt - 2nd Flr Lvl: 0.0
  • General Property Description Lot Dimensions: .38/.21/.46
  • General Property Description Acres: 1.05
  • General Property Description Site Built: Yes
  • Lot Description Level: True
Property and Assessments
  • Possession: Immediate
  • Sign On Property: Yes
  • Property Type Label: Single Family
  • Floor Plans Count: 0
  • Property Type: Single Family
  • Property Sub Type: Residential
  • Possession Immediate: True
Utilities
  • Fuel Electric: True
  • Sewer Sewer Info: Public
  • Water Water Info: Public

Interior and Exterior Features

Exterior Features
  • Exterior Features: Porch - Covered, Windows - Storm, Windows - Insulated
  • Other Structures: Storage Shed
  • Construction Materials: Aluminum Siding
  • Siding Aluminum Siding: True
  • Outbuildings Storage Shed: True
  • Exterior Features Porch - Covered: True
  • Exterior Features Windows - Insulated: True
  • Exterior Features Windows - Storm: True
Interior Features
  • Beds Total: 2
  • Baths Full: 1
  • Cooling: Central Cooling
  • Fireplaces Total: 0
  • Fireplace: No
  • Bathrooms Total Integer: 1
  • Cooling Details: Yes
  • Kitchen Appliances: Smoke Detector, Refrigerator
  • Basement: Yes
  • Heating Details: Central
  • Fireplace Features: None
  • Flooring: Vinyl, Carpet
  • Heating: Yes
  • Heating Central: Yes
  • Fireplace None: True
  • Cooling Central Cooling: True
  • Floors Carpet: True
  • Floors Vinyl: True
  • Basement Crawl Space: True
  • General Property Description Number of Bedrooms: 2
  • General Property Description Number of Rooms: 6
  • General Property Description Fireplace: Yes
  • General Property Description Basement: Yes
  • General Property Description Extra Storage: Yes
  • Heat Central: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Appliances Smoke Detector: True
  • Other Rooms Laundry Utility: True
  • Misc Features Drapes: True
  • Misc Features WasherDryer Connect: True

Room Information

Room
  • Rooms Total: 6

Rental

Rent Information
  • General Property Description Restrictions: Yes
  • Tenant Expenses Cooling: Central Cooling
  • Tenant Expenses Heating: Central

Property History for New Lake Rd Spring

DateEvent & SourcePriceAppreciation
Dec 4, 2013

Closed

KAARMLS #840491

$40,000
—
Nov 1, 2013

Contract - Not Showing

KAARMLS #840491

—
—
Oct 9, 2013

Listed (Active)

KAARMLS #840491

$72,900
—
DateEvent & SourcePrice
12/04/2013

Closed

KAARMLS #840491

$40,000
11/01/2013

Contract - Not Showing

KAARMLS #840491

—
10/09/2013

Listed (Active)

KAARMLS #840491

$72,900

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

Schools near New Lake Rd Spring

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: New Lake Rd Spring, Spring City, TN 37381
$40,000
2
875
45,738
$39,500
–
–
–
65,340
–
–
–
–
43,560
–
–
3
5,351
21,600
$325,000
–
3
1,680
96,268
$80,000
–
2
1,640
40,000

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.

Listing Courtesy of Coldwell Banker Pryor Realty, Patty Cawood

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 02:47 AM