$965,000
SOLD JAN 22, 2025

1041 Dripping Springs Rd Winchester, TN 37398

3 Beds
3 Baths
3,000 Sq Ft
0.61 Acres

Recently Sold

$322 Per Sq Ft

12% Below List Price

119 Days on Market

Highlights

  • Lake Front
  • Deck
  • 1 Car Attached Garage
  • Boat Dock
  • Covered Patio or Porch
  • Cooling Available

About This Home

As of January 2025

BEAUTIFUL TIMS FORD LAKE FRONT HOME with PRIVATE BOAT DOCK in highly sought after Dripping Springs neighborhood of Winchester, Tennessee!!! Nestled in a calm cove with year around water this COMPLETELY REMODELED home is fully furnished and TURN KEY READY!!! It features 3 Bedrooms & 3 Bath with NEW LVP floors that flow seemlessly throughout the entire home. An impressive kitchen with custom cabinets, quartz countertops, and stainless steel appliances. The finished basement boasts a HUGE open living space with a fireplace, a kitchenette, and an additional room that could be used as a 4th bedroom or an in-law quarters. Relax and unwind in the sunroom or back deck with STUNNING views of the LAKE. Outside, the front and back yard is usable and flat with easy access and a short walk down to your private DOCK. Would make the perfect AIR BNB as SHORT TERM RENTALS ARE ALLOWED!!! A MUST SEE! FIRST TIME to the MARKET!! Only county taxes yet very close to Town. GREAT LOCATION!!

Last Agent to Sell the Property

Fallon Massey

Van Massey Realty & Auction Brokerage Phone: 9315801145 License #147317,355044 Listed on: 07/20/2024

Last Buyer's Agent

Fallon Massey

Van Massey Realty & Auction Brokerage Phone: 9315801145 License #147317,355044 Listed on: 07/20/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,083

Year Built

  • Built in 1972

Lot Details

  • 0.61 Acre Lot
  • Lake Front
  • Year Round Access
  • Level Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Recreation Room with Fireplace
  • Interior Storage Closet
  • Vinyl Flooring
  • Lake Views
  • Attic Fan
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Clark Memorial Elementary School
  • South Middle School
  • Franklin Co High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Propane
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 064E A 02200 000

Community Details

Overview

  • Dripping Springs Unit I Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,083

Year Built

Built in 1972

Lot Details

0

HOA Fees

$8 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1972
  • Unit Levels: One
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Attribution Contact: 9315801145
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), Extra Closets, High Speed Internet
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Fireplace Features: Recreation Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Vinyl
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 3
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 3000
  • Building Area Units: Square Feet
  • Living Area: 3000
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Storage
  • Construction Type: Brick, Wood Siding
  • Patio And Porch Features: Covered Porch, Deck
  • Pool Private: No
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake Front, Year Round Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Attached - Front
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling: Attic Fan, Central Air
  • Cooling Y N: Yes
  • Heating: Central, Propane
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Utilities: Water Available

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Amenities: Boat Dock
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Lot Features: Hilly, Level
  • Lot Size Acres: 0.61
  • Lot Size: 138X230M IRR
  • Lot Size Units: Acres
  • Parcel #: 064E A 02200 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2083

MLS Schools

  • Elementary School: Clark Memorial School
  • High School: Franklin Co High School
  • Middle Or Junior School: South Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2024
Closed on
Jan 22, 2025
Sold by
Boyce Evander and Boyce Cortney
Bought by
Holt Maclin H and Holt Jeannette P
Seller's Agent
Fallon Massey
Van Massey Realty & Auction
Buyer's Agent
Fallon Massey
Van Massey Realty & Auction
List Price
$1,100,000
Sold Price
$965,000
Premium/Discount to List
-$135,000
-12.27%
Views
40
Current Estimated Value
$938,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,902
Avg. Annual Appreciation
-3.80%
Original Mortgage
$500,000
Outstanding Balance
$496,385
Interest Rate
6.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$441,713

Purchase Details

Closed on
Dec 21, 2023
Sold by
Crowell Evelyn Joyce
Bought by
Boyce Evander and Boyce Cortney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 1975
Bought by
Crowell Charles E and Evelyn Joyce
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 Type Sale Price Title Company
Warranty Deed $965,000 Access Title & Escrow
Warranty Deed $965,000 Access Title & Escrow
Warranty Deed $625,000 None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Credit Line Revolving
Closed $500,000 Credit Line Revolving
Previous Owner $765,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2025 01/22/25 Sold $965,000 -12.3% $322 / Sq Ft
11/16/2024 11/16/24 Pending -- -- --
07/20/2024 07/20/24 For Sale $1,100,000 -- $367 / 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 $2,083 $104,375 $50,000 $54,375
2023 $2,083 $104,375 $50,000 $54,375
2022 $1,957 $104,375 $50,000 $54,375
2021 $1,589 $104,375 $50,000 $54,375
2020 $1,589 $59,450 $26,250 $33,200
2019 $1,589 $59,450 $26,250 $33,200
2018 $1,589 $59,450 $26,250 $33,200
2017 $1,434 $59,450 $26,250 $33,200
2016 $1,434 $57,525 $26,250 $31,275
2015 $1,538 $57,525 $26,250 $31,275
2014 $1,538 $57,532 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2681780

Realtracs

APN: 064E-A-022.00