1040 Rhea Ave
Spring City, TN 37381
2 bd 1 ba 624 sqft Built 1953 Lot 14,375 sqft single_family
Most recent sale
$37,600
Apr 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 19, 2022 | Sold | $37,600 | MLS #1172315 |
| Mar 10, 2022 | Price changed | $55,000 | MLS #1172315 |
| Nov 1, 2021 | Listed | $65,000 | MLS #1172315 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $14,100 | $330 |
| 2024 | — | — | $14,100 | $330 |
| 2023 | — | — | $8,450 | $324 |
| 2022 | — | — | $8,450 | $319 |
| 2021 | — | — | $8,450 | $313 |
| 2020 | — | — | $8,450 | $303 |
| 2019 | — | — | $8,450 | $285 |
| 2018 | — | — | $6,500 | $215 |
| 2017 | — | — | $5,575 | $176 |
| 2016 | — | — | $5,575 | $176 |
| 2015 | — | — | $5,575 | $171 |
| 2014 | — | — | $5,575 | $171 |
| 2013 | — | — | $5,425 | $147 |
| 2012 | — | — | $5,425 | $147 |
| 2011 | — | — | $5,425 | $147 |
| 2010 | — | — | $5,425 | $147 |
| 2009 | — | — | $5,425 | $139 |
| 2008 | — | — | $4,050 | $129 |
| 2007 | — | — | $4,050 | $129 |
Property facts
Year built
1953
Property type
single_family
Stories
—
Beds
2
Baths
1
Living area
624 sqft
Lot size
14,375 sqft
ZIP code
37381
City
Spring City
Street
Rhea Ave
Coordinates
35.69961, -84.87141
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$226
Gross rental yield
7.21%
Implied cap rate
4.69%
Trend-extrapolated value
—
Frequently asked questions
When did 1040 Rhea Ave last sell?
1040 Rhea Ave most recently sold on Apr 19, 2022 for $37,600.
What is the current tax assessment for 1040 Rhea Ave?
The most recent total assessment for 1040 Rhea Ave (year 2025) is $14,100 with $330 in property tax.
How does 1040 Rhea Ave's assessment compare to its last sale price?
The current assessment is 62.5% below the last sale price of $37,600.
When was 1040 Rhea Ave built?
1040 Rhea Ave was built in 1953.
How does 1040 Rhea Ave compare to others on Rhea Ave?
We track 8 other properties on Rhea Ave. Browse the list under "Other properties on Rhea Ave" to compare beds, baths, and sale history.
What are the property facts for 1040 Rhea Ave?
1040 Rhea Ave is a 2 bed, 1 bath, 624 sqft, 14,375 sqft lot single_family.
Is 1040 Rhea Ave a flip candidate?
No — 1040 Rhea Ave does not appear in our flips dataset.
Is 1040 Rhea Ave a tax-appeal candidate?
No — 1040 Rhea Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.6%
Implied 1-yr
+14.2%
2026 Q3
$404.4K
2026 Q4
$416.1K
ZIP 37381 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rhea Ave