NOT LISTED FOR SALE

391 Pineview Dr Springville, TN 38256

Estimated Value: $578,354 - $1,202,000

Studio
10 Baths
7,380 Sq Ft
$103/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $539,900 $73 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,127/month

33 Days on Market

Highlights

  • River View
  • Tile Flooring
  • Heat Pump System
  • No HOA
  • Central Air

About This Home

As of September 2022

5 Unit investment opportunity. Unit 5 is a 2 Bed 2 Bath. The property was last updated in 2018. Contact listing agent/office for further information.

Last Agent to Sell the Property

Kenneth Adams

Ken Adams Real Estate Team License #305685 Listed on: 07/26/2022

Ken Adams Real Estate Team

Last Buyer's Agent

Kitt Murphy

Corbin & Company Realty, LLC License #346175

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,962

Year Built

  • Built in 1975

Lot Details

  • 6.1

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 7,380 Sq Ft Home
  • Property has 2 Levels
  • River Views

Flooring

  • Carpet
  • Laminate
  • Tile

Schools

  • Lakewood Elementary School
  • Lakewood Middle School
  • Henry Co High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $3,400
  • The owner pays for water
  • Assessor Parcel Number 065C A 03700 000

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Russwood Subdivision

Building Details

  • Operating Expense $385
  • Gross Income $4,300
  • Net Operating Income $3,915

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,962

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1975
  • Inclusions: APPLN,NEGOT
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Multi Family
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Above Grade Finished Sq Ft: 7380
  • Building Area Units: Square Feet
  • Living Area: 7380
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • Roof: Metal
  • View: River
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Asphalt

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Commercial
  • Lot Size: 6.10 Acres
  • Lot Size Units: Acres
  • Parcel #: 065C A 03700 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water

Multi Family

  • Gross Income: 4300
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 3915
  • Number Of Units Total: 5
  • Annual Operating Expense: 385
  • Total Actual Rent: 3400

Tax Info

  • Tax Annual Amount: 1962

MLS Schools

  • Elementary School: Lakewood Elementary
  • High School: Henry Co High School
  • Middle Or Junior School: Lakewood Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Sep 9, 2022
Sold by
George Atkinson
Bought by
Ml Capital Llc
Seller's Agent
Kenneth Adams
Ken Adams Real Estate Team
Buyer's Agent
Kitt Murphy
Corbin & Company Realty, LLC
List Price
$579,900
Sold Price
$539,900
Premium/Discount to List
-$40,000
-6.9%
Views
24
Current Estimated Value
$762,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,689
Avg. Annual Appreciation
10.76%

Purchase Details

Closed on
Jun 13, 2006
Sold by
Ramsey Brent C
Bought by
George Atkinson

Purchase Details

Closed on
Aug 27, 1997
Sold by
Patrick Randal D
Bought by
Steve Greer

Purchase Details

Closed on
Jul 30, 1993
Bought by
Patrick Randal D

Purchase Details

Closed on
Dec 30, 1992
Bought by
Lewis Martin N

Purchase Details

Closed on
Jan 4, 1988
Bought by
Lewis Martin N and Lewis Lisa B

Purchase Details

Closed on
Aug 31, 1982
Bought by
Sanders Richard D and Sanders Hilda F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ml Capital Llc $539,900 --
George Atkinson $250,000 --
Steve Greer $165,000 --
Patrick Randal D $225,000 --
Lewis Martin N -- --
Lewis Martin N -- --
Sanders Richard D -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2022 09/09/22 Sold $539,900 -6.9% $73 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $579,900 -- $79 / 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 $2,004 $200,960 $0 $0
2024 $2,004 $103,640 $29,280 $74,360
2023 $1,962 $103,640 $29,280 $74,360
2022 $1,962 $103,640 $29,280 $74,360
2021 $1,962 $103,640 $29,280 $74,360
2020 $1,962 $103,640 $29,280 $74,360
2019 $2,320 $110,880 $29,280 $81,600
2018 $2,320 $110,880 $29,280 $81,600
2017 $2,320 $110,880 $29,280 $81,600
2016 $2,286 $110,880 $29,280 $81,600
2015 $2,436 $110,880 $29,280 $81,600
2014 $2,502 $110,880 $29,280 $81,600
2013 $2,502 $113,879 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2415931

Realtracs

APN: 065C-A-037.00