NOT LISTED FOR SALE

1193 Dripping Springs Rd Winchester, TN 37398

Estimated Value: $682,000 - $885,000

4 Beds
3 Baths
2,262 Sq Ft
$363/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $650,000 $287 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,728/month

3 Days on Market

Highlights

  • Waterfront
  • 1 Fireplace
  • Cooling Available
  • Wood Flooring
  • 2 Car Attached Garage
  • Patio

About This Home

As of June 2021

Lakefront home on a level lot. Beautiful older established lakefront neighborhood. Just off of the main channel. Year round water. The area across the water is State Park land so NO docks on that side. Split level home. Each level has a bath (3 baths total), 4 bedrooms, living room, den/kitchen. Wood burning fireplace. House has a pier but you can have any kind of dock you want. HOA is $75/yr and Boat Ramp parking space is $175.

Last Agent to Sell the Property

Margaret Lynch

Lynch Rigsby Realty & Auction, LLC License #213169 Listed on: 05/14/2021

Lynch Rigsby Realty & Auction, LLC

Last Buyer's Agent

Ashley Lynch

Lynch Rigsby Realty & Auction, LLC License # 321199

Lynch Rigsby Realty & Auction, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,773

Year Built

  • Built in 1972

Lot Details

  • 0.65 Acre Lot
  • Waterfront
  • Lot Has A Rolling Slope

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,262 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Finished Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Community Details

  • Dripping Springs Unit I Subdivision

Listing and Financial Details

  • Assessor Parcel Number 064E A 01600 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,773

Year Built

Built in 1972

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1972
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 2262
  • Building Area Units: Square Feet
  • Living Area: 2262
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached - Front
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 75
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Acres: 0.65
  • Lot Size: 110X239M IRR
  • Lot Size Units: Acres
  • Parcel #: 064E A 01600 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2773

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 18, 2021
Sold by
Spears Charles Edward and Spears Eina Rose
Bought by
Koon Jeffrey D and Koon Amy C
Seller's Agent
Margaret Lynch
Lynch Rigsby Realty & Auction, LLC
Buyer's Agent
Ashley Lynch
Lynch Rigsby Realty & Auction, LLC
List Price
$799,000
Sold Price
$650,000
Premium/Discount to List
-$149,000
-18.65%
Current Estimated Value
$820,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,775
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Oct 8, 1971
Bought by
Spears Charles Edward and Elna Rose
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
Koon Jeffrey D $650,000 Southern Tennessee T&E Llc
Spears Charles Edward -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $650,000 -18.6% $287 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $799,000 -- $353 / 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 $2,996 $150,150 $87,500 $62,650
2023 $2,996 $150,150 $87,500 $62,650
2022 $2,816 $150,150 $87,500 $62,650
2021 $2,773 $150,150 $87,500 $62,650
2020 $2,773 $96,325 $61,875 $34,450
2019 $2,773 $96,325 $61,875 $34,450
2018 $2,575 $96,325 $61,875 $34,450
2017 $2,575 $96,325 $61,875 $34,450
2016 $2,504 $93,650 $61,875 $31,775
2015 $2,504 $93,650 $61,875 $31,775
2014 $2,504 $93,648 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2253792

Realtracs

APN: 064E-A-016.00