NOT LISTED FOR SALE

1040 Wells Way Spring Hill, TN 37174

Estimated Value: $283,000 - $325,000

2 Beds
2.5 Baths
1,280 Sq Ft
$233/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $300,000 $234 Per Sq Ft

Current estimated payment $1,877/month

32 Days on Market

Highlights

  • Fitness Center
  • Contemporary Architecture
  • Walk-In Closet
  • Clubhouse
  • Community Pool
  • Cooling Available

About This Home

As of October 2023

Buyer has a financial contingency; still showing and welcome back up offers. Convenient and ready to move in 2 bed, 2.5 bath in a well kept community just minutes to shopping, dining, I-65 and Hwy 31. Open floor plan on main level with solid surface flooring. Kitchen features a huge pantry, island and granite counters. Large rooms and big closets with new carpet upstairs. Community amenities feature walking trails, pool, playground, clubhouse with common area and exercise room.

Last Agent to Sell the Property

Amy Peterson

Crye-Leike, Inc., REALTORS License #150250, 268596 Listed on: 08/09/2023

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Deborah Gregory

RE/MAX Homes And Estates License #301279

RE/MAX Homes And Estates

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,389

Year Built

  • Built in 2021

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 20 x 53
  • Partially Fenced Property

HOA Fees

  • $128 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,280 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Home Security

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Patio

Schools

  • Marvin Wright Elementary School
  • Spring Hill Middle School
  • Spring Hill High School

Utilities

  • Cooling Available
  • Heat Pump System
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 028E H 08900 000

Community Details

Overview

  • $250 One-Time Secondary Association Fee
  • Association fees include ground maintenance, recreation facilities, pest control, trash
  • Somerset Springs Townhomes Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,389

Year Built

Built in 2021

Lot Details

0

HOA Fees

$128 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Contemporary
  • Year Built: 2021
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), High Speed Internet, Utility Connection, Walk-In Closet(s)
  • Appliances: Dishwasher, Microwave
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 1280
  • Building Area Units: Square Feet
  • Living Area: 1280
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Fencing: Partial
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Parking Features: Asphalt
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Security: Fire Sprinkler System, Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Recreation Facilities, Pest Control, Trash
  • Association Fee: 128
  • Association #2 Fee: 250
  • Association #2 Fee Frequency: One Time
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse, Fitness Center, Playground, Pool, Trail(s)
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.02
  • Lot Size: 20 X 53
  • Lot Size Units: Acres
  • Parcel #: 028E H 08900 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1389

MLS Schools

  • Elementary School: Marvin Wright Elementary School
  • High School: Spring Hill High School
  • Middle Or Junior School: Spring Hill Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Oct 12, 2023
Sold by
Parker Michael Raymond Le
Bought by
Sanchez-Vargas Jose Luis
Seller's Agent
Amy Peterson
Crye-Leike, Inc., REALTORS
Buyer's Agent
Deborah Gregory
RE/MAX Homes And Estates
List Price
$308,500
Sold Price
$300,000
Premium/Discount to List
-$8,500
-2.76%
Views
34
Current Estimated Value
$298,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,458
Avg. Annual Appreciation
-0.24%
Original Mortgage
$294,566
Outstanding Balance
$288,839
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
$9,703

Purchase Details

Listed on
Jun 11, 2020
Closed on
Jul 29, 2021
Sold by
Somerset Springs Lp
Bought by
Parker Michael Raymond
Seller's Agent
Vicky Crigger
Benchmark Realty, LLC
Buyer's Agent
Amy Peterson
Crye-Leike, Inc., REALTORS
List Price
$200,398
Sold Price
$200,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.86%
Original Mortgage
$190,378
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sanchez-Vargas Jose Luis $300,000 Foundation Title & Escrow
Parker Michael Raymond $200,398 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez-Vargas Jose Luis $294,566
Previous Owner Parker Michael Raymond $190,378
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2023 10/12/23 Sold $300,000 -1.6% $234 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
08/29/2023 08/29/23 Price Changed $305,000 -1.1% $238 / Sq Ft
08/09/2023 08/09/23 For Sale $308,500 +53.9% $241 / Sq Ft
08/26/2021 08/26/21 Sold $200,398 0.0% $157 / Sq Ft View Prior Sale
04/10/2021 04/10/21 Pending -- -- --
06/11/2020 06/11/20 For Sale $200,398 -- $157 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,002 $52,425 $10,625 $41,800
2023 $2,002 $52,425 $10,625 $41,800
2022 $1,388 $52,425 $10,625 $41,800
2021 $236 $22,325 $7,500 $14,825
2020 $0 $7,500 $7,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Peterson

    Seller's Agent in 2023

    Amy Peterson

    Crye-Leike

    (615) 474-6821

    2 in this area

    54 Total Sales

    Amy Peterson
    Section Image

  • D

    Buyer's Agent in 2023

    Deborah Gregory

    RE/MAX

    (615) 578-3166

    2 in this area

    52 Total Sales

    Deborah Gregory
    Section Image
  • Vicky Crigger

    Seller's Agent in 2021

    Vicky Crigger

    Benchmark Realty, LLC

    (615) 207-4153

    122 in this area

    160 Total Sales

    Vicky Crigger
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jay Clark

    Benchmark Realty, LLC

    (615) 598-0788

    121 in this area

    152 Total Sales

    Jay Clark
    Section Image
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Map

Source: Realtracs

MLS Number: 2556126

Realtracs

APN: 028E-H-089.00

Tennessee Maury County Spring Hill 37174

1040 Wells Way, Spring Hill, TN

This home is located at 1040 Wells Way, Spring Hill, TN 37174 since 09 August 2023 and is currently estimated at $298,542, approximately $233 per square foot. This property was built in 2021. 1040 Wells Way is a home located in Maury County with nearby schools including Marvin Wright Elementary School, Spring Hill Middle School, and Spring Hill High School.

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