NOT LISTED FOR SALE

40 Clear Springs Dr Oakland, TN 38060

Estimated Value: $255,545 - $262,000

3 Beds
2.5 Baths
1,200-1,399 Sq Ft
$185/Sq Ft Est. Value

Last Sold September 18, 2019

Last sale price $157,500 $113 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,409/month

About This Home

As of September 2019

Great 3 bed, 3 bath home in great Oakland neighborhood! House was well maintained by previous owner. This one won't last long!

Last Agent to Sell the Property

Amanda Hewgley

Summerlin & Associates, LLC License #351601 Listed on: 08/09/2019

Last Buyer's Agent

Amber Beard Bean

Groome & Co. License #316753

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $538

Year Built

  • Built in 2003

Lot Details

  • 7,841

Home Design

  • Property Attached

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,479 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Community Details

  • Oaklands Greenvalley Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 087I 087I D02400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$538

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • MAAR Subdivision Name: OAKLANDS GREENVALLEY
  • List Price Per Sq Ft: 108
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1479
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Of Fireplaces: 1

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Lot Info

  • Lot Number: 55
  • Lot Size: 1 acre

Tax Info

  • Assessor Parcel Number: 087I 087I D02400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2019
Closed on
Sep 18, 2019
Sold by
Belgravia Square Llc
Bought by
Johnson Trenton C
Seller's Agent
Amanda Hewgley
Summerlin & Associates, LLC
Buyer's Agent
Amber Beard Bean
Groome & Co.
List Price
$159,900
Sold Price
$157,500
Premium/Discount to List
-$2,400
-1.5%
Current Estimated Value
$258,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,136
Avg. Annual Appreciation
8.44%
Original Mortgage
$159,090
Outstanding Balance
$139,350
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$119,286

Purchase Details

Listed on
Aug 9, 2019
Closed on
Aug 2, 2019
Sold by
Martin Lana M and Martin James
Bought by
Belgravia Square Llc
Seller's Agent
Amanda Hewgley
Summerlin & Associates, LLC
Buyer's Agent
Amber Beard Bean
Groome & Co.
List Price
$159,900
Sold Price
$157,500
Premium/Discount to List
-$2,400
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,090
Outstanding Balance
$139,350
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$119,286

Purchase Details

Listed on
Apr 16, 2014
Closed on
Sep 4, 2014
Sold by
Sones Steven M
Bought by
Martin Lana M
Seller's Agent
Laura Thompson
All Stars Realty
Buyer's Agent
Loretta Martin
Chamberwood Realty Group
List Price
$139,000
Sold Price
$136,000
Premium/Discount to List
-$3,000
-2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%
Original Mortgage
$140,816
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2004
Sold by
Skip Hobbs Construction Ll
Bought by
Sones Steven S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,047
Interest Rate
5.36%

Purchase Details

Closed on
Nov 17, 2000
Bought by
Skip Hobbs Construction Llc
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
Johnson Trenton C $157,500 Saddle Creek Title Llc
Belgravia Square Llc $128,701 None Available
Martin Lana M $136,000 --
Sones Steven S $119,900 --
Skip Hobbs Construction Llc $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Trenton C $159,090
Previous Owner Martin Lana M $140,816
Previous Owner Skip Hobbs Construction Llc $118,047
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2019 09/18/19 Sold $157,500 -1.5% $131 / Sq Ft
08/09/2019 08/09/19 For Sale $159,900 +17.6% $133 / Sq Ft
09/04/2014 09/04/14 Sold $136,000 -2.2% $97 / Sq Ft View Prior Sale
08/01/2014 08/01/14 Pending -- -- --
04/16/2014 04/16/14 For Sale $139,000 -- $99 / Sq Ft
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
2024 $538 $42,475 $9,500 $32,975
2023 $1,098 $42,475 $0 $0
2022 $728 $42,475 $9,500 $32,975
2021 $728 $42,475 $9,500 $32,975
2020 $485 $42,475 $9,500 $32,975
2019 $653 $32,200 $7,500 $24,700
2018 $670 $32,200 $7,500 $24,700
2017 $571 $32,075 $7,500 $24,575
2016 $569 $29,875 $7,500 $22,375
2015 $568 $29,875 $7,500 $22,375
2014 $568 $29,875 $7,500 $22,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10059352

Memphis Area Association of REALTORS®

APN: 087I-D-024.00