$299,000
SOLD JUN 13, 2025

2254 17th Ave E Springfield, TN 37172

16 Beds
10 Baths
1,665 Sq Ft
2003 Built

Recently Sold

$180 Per Sq Ft

70% Below List Price

5 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Property has 1 Level

About This Home

As of June 2025

This duplex is part of a three duplex package. 114/116 W Hillcrest Drive (6 bedrooms 4 bath. 2 units), 108/110 W Hillcrest Drive ( 6 bedrooms 4 bath. 2 units), and 2254 17th Ave E Springfield TN (4 Bedrooms 2 bath. 2 units). All units are occupied. Do not Disturb tenants. 1031 Welcomed. Owner open to assist in financing.

Last Agent to Sell the Property

Justin James

New Key Realty, LLC Brokerage Phone: 6154855476 License # 357998 Listed on: 05/04/2025

Last Buyer's Agent

Marlizet Vazquez Molina

Chosen Realty Partners License #366304

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,298

Year Built

  • Built in 2003

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,665 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 10 Bathrooms

Schools

  • Crestview Elementary School
  • Coopertown Middle School
  • Springfield High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $7,050
  • Assessor Parcel Number 091C E 00100 000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Hillcrest Subdivision

Building Details

  • Operating Expense $4,944
  • Gross Income $82,300
  • Net Operating Income $77,356

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,298

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2003
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Total Bedrooms: 16
  • Above Grade Finished Sq Ft: 1665
  • Building Area Units: Square Feet
  • Living Area: 1665
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Vinyl Siding
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Commercial
  • Lot Size Units: Acres
  • Parcel #: 091C E 00100 000
  • Property Attached Yn: Yes

Rental Info

  • Owner Pays: None
  • Tenant Pays: Cable TV, Electricity, Trash Collection, Water

Multi Family

  • Gross Income: 82300
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 77356
  • Number Of Units Total: 2
  • Annual Operating Expense: 4944
  • Total Actual Rent: 7050

Tax Info

  • Tax Annual Amount: 2298

MLS Schools

  • Elementary School: Crestview Elementary School
  • High School: Springfield High School
  • Middle Or Junior School: Coopertown Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2025
Closed on
Aug 5, 2025
Sold by
Baltazar Lauro J
Bought by
3 Brothers Properties Llc
Seller's Agent
Justin James
New Key Realty, LLC
Buyer's Agent
Marlizet Vazquez Molina
Chosen Realty Partners
List Price
$999,000
Sold Price
$299,000
Premium/Discount to List
-$700,000
-70.07%
Views
6
Current Estimated Value
$301,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,495
Avg. Annual Appreciation
1.55%
Original Mortgage
$224,250
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2025
Closed on
Jun 9, 2025
Sold by
Fox Thomas W
Bought by
Baltazar Lauro J
Seller's Agent
Justin James
New Key Realty, LLC
Buyer's Agent
Marlizet Vazquez Molina
Chosen Realty Partners
List Price
$999,000
Sold Price
$299,000
Premium/Discount to List
-$700,000
-70.07%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,250
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2017
Sold by
Reynolds Jerry L
Bought by
Dickens Charles and Dickens Maresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,751
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 2007
Sold by
Fox Thomas W
Bought by
Premier Investment Properties

Purchase Details

Closed on
Mar 2, 2007
Sold by
Krantz Timothy P
Bought by
Fox Thomas W

Purchase Details

Closed on
Oct 25, 2002

Purchase Details

Closed on
Aug 26, 2002
Sold by
Russell Fox and Russell Suzanne
Bought by
Townsend Billy M

Purchase Details

Closed on
Jul 31, 2002
Sold by
Bennie Wilkinson
Bought by
Krantz Timothy P

Purchase Details

Closed on
May 3, 2002
Sold by
Bennie Wilkinson
Bought by
Jimmy Townsend

Purchase Details

Closed on
Jan 14, 2002
Bought by
Krantz Timothy P

Purchase Details

Closed on
Dec 13, 2000
Bought by
Wilkinson Bennie

Purchase Details

Closed on
Jan 24, 1986
Bought by
Sneed Jackie B & Ara Miller Mary Finley

Purchase Details

Closed on
Apr 26, 1982

Purchase Details

Closed on
Jun 1, 1981
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Quit Claim Deed -- Tennessee National Title
Deed $299,000 None Listed On Document
Deed $299,000 None Listed On Document
Warranty Deed $65,000 None Available
Deed -- --
Deed $405,000 --
Warranty Deed $23,500 --
Deed $18,900 --
Deed $18,000 --
Deed $18,000 --
Warranty Deed $21,500 --
Warranty Deed $120,000 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $224,250 New Conventional
Previous Owner $57,751 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2025 06/13/25 Sold $299,000 -70.1% $180 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
05/04/2025 05/04/25 For Sale $999,000 -- $600 / 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
2025 -- $91,720 $0 $0
2024 -- $91,720 $24,000 $67,720
2023 $2,298 $91,720 $24,000 $67,720
2022 $2,100 $57,560 $13,320 $44,240
2021 $2,100 $57,560 $13,320 $44,240
2020 $2,100 $57,560 $13,320 $44,240
2019 $63,183 $57,560 $13,320 $44,240
2018 $2,100 $57,560 $13,320 $44,240
2017 $2,204 $51,440 $12,000 $39,440
2016 $2,204 $51,440 $12,000 $39,440
2015 $2,140 $51,440 $12,000 $39,440
2014 $2,140 $51,440 $12,000 $39,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2866616

Realtracs

APN: 091C-E-001.00