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408 Rhea Ave

Spring City, TN 37381

2 bd 1 ba 1,186 sqft Built 1951 Lot 22,651 sqft single_family
Most recent sale
$164,900
Sep 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 7, 2022 Sold $164,900 MLS #20222566
May 16, 2022 Listed $164,900 MLS #20222566
Jul 27, 2006 Sold $84,900 Public Record
Dec 5, 2005 Sold $56,100 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $22,350 $801
2019 $22,350 $752
2018 $21,575 $713
2017 $21,575 $681
2016 $21,575 $681
2015 $21,575 $659
2014 $21,575 $659
2013 $20,300 $550
2012 $20,300 $550
2011 $20,300 $550
2010 $20,300 $550
2009 $20,300 $520
2008 $13,975 $446

Property facts

Year built
1951
Property type
single_family
Stories
Beds
2
Baths
1
Living area
1,186 sqft
Lot size
22,651 sqft
ZIP code
37381
City
Spring City
Street
Rhea Ave
Coordinates
35.69644, -84.86457

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,779
Gross rental yield
12.95%
Implied cap rate
8.41%
Trend-extrapolated value

Frequently asked questions

When did 408 Rhea Ave last sell?
408 Rhea Ave most recently sold on Sep 7, 2022 for $164,900.
What is the current tax assessment for 408 Rhea Ave?
The most recent total assessment for 408 Rhea Ave (year 2020) is $22,350 with $801 in property tax.
How does 408 Rhea Ave's assessment compare to its last sale price?
The current assessment is 86.4% below the last sale price of $164,900.
When was 408 Rhea Ave built?
408 Rhea Ave was built in 1951.
How does 408 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 408 Rhea Ave?
408 Rhea Ave is a 2 bed, 1 bath, 1,186 sqft, 22,651 sqft lot single_family.
Is 408 Rhea Ave a flip candidate?
No — 408 Rhea Ave does not appear in our flips dataset.
Is 408 Rhea Ave a tax-appeal candidate?
No — 408 Rhea Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.6%
Implied 1-yr
+14.2%
2026 Q3
$404.4K
2026 Q4
$416.1K
ZIP 37381 — Median Price History + Forecast

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