NOT LISTED FOR SALE

1466 Dripping Springs Rd Winchester, TN 37398

Estimated Value: $798,000 - $1,117,000

3 Beds
3 Baths
2,374 Sq Ft
$411/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $935,000 $394 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,795/month

2 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • Central Heating
  • Docks
  • Cooling Available
  • Level Lot

About This Home

As of November 2022

Amazing lakefront home with no steps to the year around water. Floating dock with boat lift. Home has many upgrades a definite must see if your thinking about Tims Ford Lake. Bennington pontoon boat also available.

Last Agent to Sell the Property

Bj Rigsby

Lynch Rigsby Realty & Auction, LLC License # 263420 Listed on: 10/13/2022

Lynch Rigsby Realty & Auction, LLC

Last Buyer's Agent

Ashna Tipnis

Fridrich & Clark Realty License #339499

Fridrich & Clark Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,494

Year Built

  • Built in 1973

Lot Details

  • 0.56 Acre Lot
  • Lake Front
  • Level Lot

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,374 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Docks

Schools

  • Broadview Elementary School
  • South Middle School
  • Franklin Co High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Community Details

  • Dripping Springs Unit I Subdivision

Listing and Financial Details

  • Assessor Parcel Number 064D A 01100 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,494

Year Built

Built in 1973

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1973
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Finished Wood, Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 3
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2374
  • Building Area Units: Square Feet
  • Living Area: 2374
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Dock
  • Construction Type: Brick
  • Pool Private: No
  • View: No
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

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

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.56
  • Lot Size: 71X236M IRR
  • Lot Size Units: Acres
  • Parcel #: 064D A 01100 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3494

MLS Schools

  • Elementary School: Broadview Elementary
  • 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
Oct 13, 2022
Closed on
Nov 18, 2022
Sold by
Raney Terry L and Raney Lena A
Bought by
Tipnis Mayur and Tipnis Ashna
Seller's Agent
Bj Rigsby
Lynch Rigsby Realty & Auction, LLC
Buyer's Agent
Ashna Tipnis
Fridrich & Clark Realty
List Price
$995,000
Sold Price
$935,000
Premium/Discount to List
-$60,000
-6.03%
Views
5
Current Estimated Value
$1,013,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,282
Avg. Annual Appreciation
1.18%
Original Mortgage
$283,000
Outstanding Balance
$275,888
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$689,813

Purchase Details

Listed on
Jan 28, 2015
Closed on
Aug 7, 2015
Sold by
Phelps Gregory M
Bought by
Raney Terry L and Raney Lana A
Seller's Agent
Sam Hatfield
Sam Hatfield Realty, Inc.
Buyer's Agent
Sam Hatfield
Sam Hatfield Realty, Inc.
List Price
$20,000
Sold Price
$405,000
Premium/Discount to List
$385,000
1925%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.14%
Original Mortgage
$320,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2011
Sold by
Waples Paulina C
Bought by
Phelps Gregory M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
4.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 2009
Sold by
Rudolph Councill C
Bought by
Waples Paulina C

Purchase Details

Closed on
Oct 4, 1996
Sold by
Archer Alex H
Bought by
Councill Rudolph

Purchase Details

Closed on
May 16, 1994
Bought by
Archer Alex H and Archer Murielle R

Purchase Details

Closed on
Oct 3, 1980
Bought by
Ernst Frank and Ernst Verna M

Purchase Details

Closed on
Jul 23, 1976

Purchase Details

Closed on
Oct 8, 1971
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
Tipnis Mayur $935,000 Southern Tennessee Title
Raney Terry L $405,000 --
Phelps Gregory M $77,000 --
Waples Paulina C $355,000 --
Councill Rudolph $200,000 --
Archer Alex H $171,000 --
Ernst Frank -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tipnis Mayur $283,000
Previous Owner Raney Terry L $320,000
Previous Owner Phelps Gregory M $50,000
Previous Owner Phelps Gregory M $77,000
Previous Owner Phelps Gregory M $77,000
Previous Owner Councill Rudolph $135,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $935,000 -6.0% $394 / Sq Ft
10/15/2022 10/15/22 Pending -- -- --
10/13/2022 10/13/22 For Sale $995,000 +4875.0% $419 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
06/06/2017 06/06/17 For Sale $20,000 -95.1% $8 / Sq Ft
08/07/2015 08/07/15 Sold $405,000 -- $171 / 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 $3,187 $159,725 $106,250 $53,475
2023 $3,187 $159,725 $106,250 $53,475
2022 $2,995 $159,725 $106,250 $53,475
2021 $3,494 $159,725 $106,250 $53,475
2020 $3,494 $121,375 $90,000 $31,375
2019 $3,494 $121,375 $90,000 $31,375
2018 $3,245 $121,375 $90,000 $31,375
2017 $3,245 $121,375 $90,000 $31,375
2016 $3,200 $119,700 $90,000 $29,700
2015 $3,200 $119,700 $90,000 $29,700
2014 $3,200 $119,707 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2448669

Realtracs

APN: 064D-A-011.00