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1474 Lodge Road

1474 Lodge Road, Spring City, TN 37381
House in Rhea
Sold Sep 06, 2019
$485,000
$339,000 by Cogent Bank
Mortgage Due Oct 01, 2049
Sold Jun 08, 2016
$450,000
1474 Lodge Road has been categorized by the local assessors in Spring City, TN as a residential type of property. The building on the property was first built in 2003 and is 21 years old. However, we must point out that the home was most recently renovated and altered in 2008. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1474 Lodge Road has 1,981 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,238 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 4,230 ft and across the front of the lot is 900 ft. The area measurement of the land has been determined as 38,115 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of unknown. While the interior walls have been made of paneling. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from none system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1474 Lodge Road sold most recently in Aug 30, 2019 for a total of $485,000. If you work out the math, that's approximately a cost of $244.83 per sqft. Before that, the property was also sold for $450,000 in May 27, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,298 in taxes each year. 1474 Lodge Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $101,925. If we break it down further, the land itself was valued at $33,750. Improvements to the property, however, were assessed at a total of $68,175. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Log Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C+
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 1,238
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 38,115
  • Lot Size Depth Feet: 4,230
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,981
  • Building Area: 1,981
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,981
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: PARADISE COVE
  • Land Acres: 0.875
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 1; SUBDIVISION: PARADISE COVE

Ownership

  • Current Owner : COFFMAN MICHELE L
  • Current Owner 2: COFFMAN STEVEN R
  • Previous Owner : BUILTA SHEILA R
  • Previous Owner 2: BUILTA MICHAEL D
  • Owner Before Previous Owner: DAVEY JOSEPH M
  • Ownership Rights Codes: Her Husband

Neighborhood

  • School District Name: Rhea County School District
  • Census Tract: 975000

Geography

  • Assessors Map Reference: 026J
  • District: 01
  • Parcel: 072026J C 00900
  • Lot: 9
  • Municipality: RHEA COUNTY-UNINCORPORATED
  • Latitude: 35.7098
  • Longitude: -84.759

    Address

  • Full Address: 1474 Lodge Rd
  • Address - House Number: 1474
  • Address - Street Name: Lodge
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Spring City
  • Carrier Code: R001
  • 4-Digit Zip Code: 5765
  • Zip Code: 37381

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,298
  • Tax Rate Code Area: 72A00

    Appraisal Valuation

  • Standard Deviation: 0.1359
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 72
  • Final Value: 524,589
  • High Value: 595,902
  • Low Value: 453,275

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $339,000
  • First Open Lien Mortgage Lender: COGENT BANK
  • First Open Lien Mortgage Recording Date: Sep 06, 2019
  • First Open Lien Mortgage Loan Amount: $339,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2049

    Market Valuation

  • Market Total Value: $407,700
  • Market Land Value: $135,000
  • Market Improvement Value: $272,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $101,925
  • Assessed Land Value: $33,750
  • Assessed Improvements Value: $68,175

    Sales

  • Current Sale Contract Date: Aug 30, 2019
  • Current Sale Recording Date: Sep 06, 2019
  • Current Sale Transaction ID: 11644007998
  • Current Sale Price: $485,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19012717
  • Previous Sale Recording Date: Jun 08, 2016
  • Previous Sale Contract Date: May 27, 2016
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COGENT BANK
  • First Mortgage Transaction Date: Sep 06, 2019
  • First Mortgage Loan Amount: $339,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

About Rhea



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Frequently Asked Questions

What neighborhood is 1474 Lodge Road located in?
The 1474 Lodge Road is a house located in the neighborhood of Rhea in Rhea, Spring City.
What is the average sales price for listings in 1474 Lodge Road?
The average sales price for units in 1474 Lodge Road is $0 currently.

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