NOT LISTED FOR SALE

1112 Groover Rd Spring City, TN 37381

Estimated Value: $780,000 - $981,000

5 Beds
3 Baths
2,000 Sq Ft
$428/Sq Ft Est. Value

About This Home

This home is located at 1112 Groover Rd, Spring City, TN 37381 and is currently estimated at $855,194, approximately $427 per square foot. 1112 Groover Rd is a home located in Rhea County with nearby schools including Rhea County High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2022
Sold by
Turner Sr Arthur J and Turner Barbara A
Bought by
Tatum Kenneth and Tatum Bertha
Current Estimated Value
$855,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$652,939
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$193,181

Purchase Details

Closed on
Jul 21, 1989
Bought by
Turner Arthur J and Turner Barbara A

Purchase Details

Closed on
Mar 8, 1963
Bought by
Cummings Wm H and Cummings Dorothy D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Tatum Kenneth $850,000 Cumberland Title & Guaranty
Turner Arthur J $46,000 --
Cummings Wm H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tatum Kenneth $100,000
Open Tatum Kenneth $675,000
Source: Public Records

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 $1,558 $115,525 $37,500 $78,025
2023 $1,902 $84,375 $35,000 $49,375
2022 $1,902 $84,375 $35,000 $49,375
2021 $1,847 $81,925 $35,000 $46,925
2020 $1,847 $81,925 $35,000 $46,925
2019 $1,847 $81,925 $35,000 $46,925
2018 $1,617 $73,600 $35,000 $38,600
2017 $1,617 $73,600 $35,000 $38,600
2016 $1,580 $73,600 $35,000 $38,600
2015 $1,509 $71,950 $35,000 $36,950
2014 $1,509 $71,950 $35,000 $36,950
2013 -- $71,950 $35,000 $36,950
Source: Public Records

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