NOT LISTED FOR SALE

2850 Cave Springs Rd Henderson, TN 38340

Estimated Value: $86,498 - $125,000

1 Bed
1 Bath
480 Sq Ft
$217/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $75,000 $156 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $582/month

19 Days on Market

Highlights

  • Greenhouse
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Contemporary Architecture
  • Wood Flooring
  • Circular Driveway

About This Home

As of August 2021

Very cool tiny home situated on 1 acre of land with all the utilities hooked up! Open layout. Seller currently finishing a greenhouse and there is also an existing well on property that you can activate. New septic and seller will leave some personal items and tools with the property. Seller offering owner-finance with 40k down and monthly payments. Cash offer or other acceptable financing terms considered.

Last Agent to Sell the Property

John Vick

eXp Realty, LLC License #332567 Listed on: 07/08/2021

eXp Realty, LLC

Co-Listed By

Jason Miller

eXp Realty, LLC License #328506

Last Buyer's Agent

John Vick

eXp Realty, LLC License #332567 Listed on: 07/08/2021

eXp Realty, LLC

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $158

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • Few Trees

Home Design

  • Contemporary Architecture
  • Composition Shingle Roof

Interior Spaces

  • 480 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Aluminum Window Frames
  • Combination Dining and Living Room
  • Storage Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Gas Cooktop

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • Workshop in Garage
  • Circular Driveway

Outdoor Features

  • Greenhouse
  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Well
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$158

Year Built

Built in 2019 | Under Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Contemporary
  • Detached Unit Type: Manufactured
  • MLS Map #: 699A
  • List Price Per Sq Ft: 156
  • Number Of Stories: 1
  • Price Per Sq Ft: 156.25
  • Prop Construction Status: Under Construction
  • Estimated Sq Ft: 480
  • Year Built: 2019
  • Special Features: NewHome
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Down, 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Full Bath Down
  • Estimated Heated Sq Ft Range: 0-999
  • Bedrooms: 1
  • Bedrooms Down: 1
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Refrigerator, Cable Available, Satellite Dish
  • Living Dining Kitchen: LR/DR Combination, Eat-In Kitchen, Washer/Dryer Connections
  • Total Bathrooms: 1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building, Greenhouse, Workshop
  • Exterior Windows: Aluminum/Steel Siding, Double Pane Window(s)
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad, Circular Drive, Storage Room(s), Workshop(s)

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric
  • Water Sewer: Electric Water Heater, Public Water, Well Water, Septic Tank

Lot Info

  • Lot Description: Some Trees
  • Lot Size: 1 Acre

Multi Family

  • Number Of Rooms: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Aug 3, 2021
Sold by
Chapin Lisa
Bought by
Cove Michael V and Henson Mary N
Seller's Agent
John Vick
eXp Realty, LLC
Buyer's Agent
John Vick
eXp Realty, LLC
List Price
$90,000
Sold Price
$75,000
Premium/Discount to List
-$15,000
-16.67%
Current Estimated Value
$104,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,375
Avg. Annual Appreciation
5.76%
Original Mortgage
$50,000
Outstanding Balance
$23,234
Interest Rate
2.8%
Mortgage Type
Seller Take Back
Estimated Equity
$70,899

Purchase Details

Listed on
Dec 1, 2019
Closed on
Dec 10, 2019
Sold by
Rieben David L
Bought by
Chapin Lisa
Seller's Agent
John Vick
eXp Realty, LLC
Buyer's Agent
John Vick
eXp Realty, LLC
List Price
$7,500
Sold Price
$7,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
310.67%

Purchase Details

Closed on
Dec 19, 2011
Sold by
Rigsby Kelly M
Bought by
Rieben David L

Purchase Details

Closed on
May 30, 2007
Sold by
Kumlien David
Bought by
Rigsby Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,235
Interest Rate
6.12%

Purchase Details

Closed on
Mar 8, 2006
Sold by
Sub-Tr Griffin Denise
Bought by
Wells Fargo Financial

Purchase Details

Closed on
May 24, 1995
Sold by
Whitman Earl
Bought by
Flatt James Ray
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
Cove Michael V $75,000 Realty Title
Chapin Lisa $7,500 --
Rieben David L $7,000 --
Rigsby Kelly M $81,300 --
Wells Fargo Financial $69,000 --
Flatt James Ray $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cove Michael V $50,000
Previous Owner Flatt James Ray $77,235
Previous Owner Rhonda Napper $61,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2021 08/04/21 Sold $75,000 0.0% $156 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/16/2021 07/16/21 Price Changed $75,000 -16.7% $156 / Sq Ft
07/08/2021 07/08/21 For Sale $90,000 +1100.0% $188 / Sq Ft
12/19/2019 12/19/19 Sold $7,500 0.0% --
12/01/2019 12/01/19 For Sale $7,500 -- --
Source: Memphis Area Association of REALTORS®

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 $158 $7,750 $0 $0
2024 $203 $5,450 $0 $0
2023 $135 $5,450 $0 $0
2022 $111 $5,450 $0 $0
2021 $50 $2,025 $0 $0
2020 $50 $2,025 $0 $0
2019 $50 $2,025 $0 $0
2018 $50 $2,025 $0 $0
2017 $50 $2,025 $0 $0
2014 $53 $2,094 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10103496

Memphis Area Association of REALTORS®

APN: 086-028.00