Sold for $360,000 on 07/10/23
$360,000
1235 New Lake Rd UNIT 5, Spring City, TN 37381
4beds
1,680sqft
Condominium
Built in 2008
-- sqft lot
$375,600 Zestimate®
$214/sqft
$2,392 Estimated rent
Home value
$375,600
$353,000 - $402,000
$2,392/mo
Zestimate® history
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Owner options
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What's special
The ''Lake Life'' awaits within and beyond the walls of this 4-bedroom, 3-bathroom waterfront condo, which is perfectly situated on the Tennessee River. Nestled in a tranquil neighborhood with a deeded boat slip, equipped with water and electricity, this condo is a rare find. The first floor boasts a large great room with a cozy fireplace merging into the kitchen with ample space for entertaining. The front porch is ideal for morning coffee and watching the sun rise on the water. There is a full bath and bedroom on the main floor with a first level back porch, which has an amazing view of the water. The second floor has a large master suite with another deck providing an even more stunning view. In addition, there are 2 bedrooms and a full bathroom for family and friends. All three water view decks overlook a spacious yard leading to your private dock. The affordable HOA fee of $150 a month covers all exterior features of this outstanding property, from the docks to the landscaping and beach area. This well built condo includes a sprinkler system and many upgraded features. Whether you are looking for a weekend getaway or year round home, this is a gem for all life's seasons. Call for your private showing today.
Zillow last checked: 8 hours ago
Listing updated: September 08, 2024 at 02:15am
Listed by:
Grace Frank 423-208-3834,
Chattanooga Real Estate Group LLC
Bought with:
Comps Only
COMPS ONLY
Source: Greater Chattanooga Realtors,MLS#: 1372535
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: Second
Bedroom
- Level: First
Bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom
- Description: Full Bathroom
- Level: First
Bathroom
- Description: Full Bathroom
- Level: Second
Bathroom
- Description: Full Bathroom
- Level: Second
Bonus room
- Level: Second
Great room
- Level: First
Heating
- Central, Electric
Cooling
- Central Air, Electric, Multi Units
Appliances
- Included: Disposal, Dishwasher, Electric Water Heater, Free-Standing Electric Range, Microwave, Refrigerator
- Laundry: Laundry Closet, Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Features
- Double Vanity, Granite Counters, High Ceilings, Open Floorplan, Pantry, Wet Bar, Walk-In Closet(s), Double Shower, Separate Shower, Tub/shower Combo, En Suite
- Flooring: Carpet, Tile, Engineered Hardwood
- Windows: Insulated Windows, Vinyl Frames
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas Log, Living Room
Interior area
- Total structure area: 1,680
- Total interior livable area: 1,680 sqft
Property
Parking
- Parking features: Off Street
Accessibility
- Accessibility features: Accessible Common Area
Features
- Levels: Two
- Patio & porch: Covered, Deck, Patio, Porch, Porch - Covered
- Exterior features: Boat Slip, Dock, Dock - Floating, Dock - Stationary
- Has view: Yes
- View description: Other, Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Marina in Community, River Access
Lot
- Size: 1 Acres
- Dimensions: 1
- Features: Lake on Lot, Level, Other, Sprinklers In Front, Sprinklers In Rear, Rural
Details
- Parcel number: 037b B 002.00
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium
Materials
- Stone, Fiber Cement
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected, Underground Utilities
Green energy
- Energy efficient items: Appliances, HVAC, Water Heater
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Sidewalks
Location
- Region: Spring City
- Subdivision: None
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $150 monthly
Other
Other facts
- Listing terms: Cash,Conventional,Owner May Carry
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2023 | Sold | $360,000-4%$214/sqft |
Source: Greater Chattanooga Realtors #1372535 Report a problem | ||
| 6/24/2023 | Pending sale | $375,000$223/sqft |
Source: | ||
| 4/27/2023 | Listed for sale | $375,000+131.5%$223/sqft |
Source: | ||
| 12/1/2017 | Sold | $162,000+11.7%$96/sqft |
Source: Public Record Report a problem | ||
| 9/7/2016 | Sold | $145,000$86/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,089 +20.3% | $89,200 +96.5% |
| 2023 | $1,736 +1.3% | $45,400 |
| 2022 | $1,714 +1.9% | $45,400 |
Find assessor info on the county website
Neighborhood: 37381
Nearby schools
GreatSchools rating
- 7/10Spring City Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 7/10Spring City Middle SchoolGrades: 6-8Distance: 1.3 mi
- 4/10Rhea County High SchoolGrades: 9-12Distance: 7.8 mi
Schools provided by the listing agent
- Elementary: Spring City
- Middle: Spring City Elementary & Middle
- High: Rhea County High School
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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$375,600
2% more+ $7,512
With Zillow Showcase(estimated)
$383,112


