Welcome to this charming 3-bedroom, 1-bath home offering space, flexibility, and room to grow. Situated on a rare double lot, this property delivers both comfort and opportunity with plenty of outdoor space for entertaining, expansion, or simply enjoying the extra elbow room.
Inside, you'll find a functional layout with an upstairs room that presents a prime value-add opportunity—easily convertible to include a second bathroom, creating additional convenience and equity potential. The dedicated ''man cave'' is ready for game day or weekend gatherings, complete with a pool table that conveys with the home.
Step outside to enjoy the above-ground pool, which is ready for a refresh with a new liner—offering the perfect chance to customize and make it your own just in time for summer. Whether you're a first-time buyer, investor, or someone looking for space with upside potential, this property checks the boxes for lifestyle and long-term value.
For sale
$350,000
406 Payne Ln, Spring City, TN 37381
3beds
2,236sqft
Est.:
Single Family Residence
Built in 1983
2 Acres Lot
$344,500 Zestimate®
$157/sqft
$-- HOA
What's special
Above-ground poolFunctional layoutRare double lot
- 11 days |
- 736 |
- 16 |
Zillow last checked: 8 hours ago
Listing updated: February 19, 2026 at 12:44pm
Listed by:
Darren Miller 423-708-4428,
EXP Realty LLC 888-519-5113
Source: Greater Chattanooga Realtors,MLS#: 1528822
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Natural Gas, Dual Fuel
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Electric Cooktop
- Laundry: Laundry Room
Features
- Flooring: Luxury Vinyl
- Windows: Aluminum Frames
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Wood Burning Stove
Interior area
- Total structure area: 2,236
- Total interior livable area: 2,236 sqft
- Finished area above ground: 2,236
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck, Porch
- Exterior features: Rain Gutters
- Pool features: Above Ground
- Spa features: None
- Fencing: Fenced
- Has view: Yes
- View description: Pasture, Rural, Trees/Woods
Lot
- Size: 2 Acres
- Dimensions: 134 x 313 x 123 x 310
- Features: Cleared, Secluded, Rural
Details
- Additional structures: Outbuilding, Shed(s), Workshop
- Additional parcels included: 025 001.29
- Parcel number: 025 00141 000
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Water Connected
Community & HOA
Community
- Features: None
- Subdivision: Valley Dale
HOA
- Has HOA: No
Location
- Region: Spring City
Financial & listing details
- Price per square foot: $157/sqft
- Tax assessed value: $19,700
- Annual tax amount: $657
- Date on market: 2/19/2026
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Road surface type: Asphalt
Estimated market value
$344,500
$327,000 - $362,000
$1,651/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2026 | Listed for sale | $350,000+40%$157/sqft |
Source: eXp Realty #1528822 Report a problem | ||
| 3/29/2024 | Listing removed | -- |
Source:  East Tennessee Realtors #1211308 Report a problem | ||
| 7/14/2023 | Sold | $250,000-1.9%$112/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #2955554 Report a problem | ||
| 6/23/2023 | Pending sale | $254,900$114/sqft |
Source:  RCAR #20235252 Report a problem | ||
| 5/9/2023 | Listed for sale | $254,900$114/sqft |
Source: RCAR #20235252 Report a problem | ||
| 5/8/2023 | Listing removed | -- |
Source: Greater Chattanooga Realtors #1365238 Report a problem | ||
| 5/4/2023 | Listed for sale | $254,900-1.9%$114/sqft |
Source: East Tennessee Realtors #1211308 Report a problem | ||
| 2/24/2023 | Contingent | $259,900$116/sqft |
Source: Greater Chattanooga Realtors #1365238 Report a problem | ||
| 2/22/2023 | Pending sale | $259,900$116/sqft |
Source: East Tennessee Realtors #1211308 Report a problem | ||
| 2/22/2023 | Contingent | $259,900$116/sqft |
Source: RCAR #20228177 Report a problem | ||
| 1/1/2023 | Price change | $259,900-7.1%$116/sqft |
Source: RCAR #20228177 Report a problem | ||
| 11/9/2022 | Listed for sale | $279,900$125/sqft |
Source: RCAR #20228177 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $66 | $4,925 |
| 2024 | $66 -9.4% | $4,925 +51.5% |
| 2023 | $73 | $3,250 |
| 2022 | $73 | $3,250 |
| 2021 | $73 | $3,250 |
| 2020 | $73 | $3,250 |
| 2019 | $73 -9.2% | $3,250 -11.6% |
| 2018 | $81 -0.3% | $3,675 |
| 2017 | $81 +14.1% | $3,675 |
| 2016 | $71 | $3,675 +13.1% |
| 2015 | $71 +4.4% | $3,250 |
| 2014 | $68 | $3,250 |
| 2013 | $68 +19.6% | $3,250 |
| 2011 | $57 | $3,250 |
| 2010 | $57 | $3,250 |
| 2009 | -- | $3,250 |
| 2008 | -- | $3,250 +27.5% |
| 2007 | $51 | $2,550 |
| 2006 | $51 | $2,550 |
| 2005 | $51 -4.8% | $2,550 |
| 2004 | $54 +25.9% | $2,550 +25.9% |
| 2003 | $43 | $2,025 -1.2% |
| 2001 | -- | $2,050 -75% |
| 2000 | -- | $8,200 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,780/mo
Principal & interest
$1646
Property taxes
$134
Climate risks
Neighborhood: 37381
Nearby schools
GreatSchools rating
- 7/10Spring City Elementary SchoolGrades: PK-5Distance: 3.1 mi
- 7/10Spring City Middle SchoolGrades: 6-8Distance: 3.9 mi
- 4/10Rhea County High SchoolGrades: 9-12Distance: 11.6 mi
Schools provided by the listing agent
- Elementary: Spring City
- Middle: Spring City
- 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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