NOT LISTED FOR SALE

5000 Rw Gordon Dr Springfield, TN 37172

Estimated Value: $196,000 - $695,000

Studio
1 Bath
83,654 Sq Ft
$5/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $8,000,000 $96 Per Sq Ft

Current estimated payment $2,545/month

58 Days on Market

Highlights

  • 18.45 Acre Lot
  • Central Heating and Cooling System
  • Property has 1 Level
  • No HOA
  • Carpet

About This Home

As of November 2022

Comp purposes only

Last Agent to Sell the Property

Ben Wilson

Team Wilson Real Estate Partners License #289414 Listed on: 08/09/2022

Co-Listed By

Chad King

Tressler Real Estate License #326911

Last Buyer's Agent

Chad King

Tressler Real Estate License #326911

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $924

Year Built

  • Built in 1993

Lot Details

  • 18.45

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 83,654 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Laminate

Schools

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

Additional Features

  • 18.45 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $3,250
  • The owner pays for electricity, water
  • Assessor Parcel Number 080P A 02400C128

Community Details

Overview

  • No Home Owners Association
  • 125 Units
  • Royal Oaks Condos Phase 2 Subdivision

Building Details

  • Operating Expense $775,000
  • Gross Income $1,200,000
  • Net Operating Income $425,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$924

Year Built

Built in 1993

Lot Details

18.45 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1993
  • Inclusions: APPLN
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Multi Family
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate, Other
  • Above Grade Finished Sq Ft: 83654
  • Building Area Units: Square Feet
  • Living Area: 83654
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Commercial
  • Lot Size Acres: 18.45
  • Lot Size Units: Acres
  • Parcel #: 080P A 02400C128
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Water

Multi Family

  • Gross Income: 1200000
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 425000
  • Number Of Units Total: 125
  • Annual Operating Expense: 775000
  • Total Actual Rent: 3250

Tax Info

  • Tax Annual Amount: 924

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2007
Sold by
Etal Wright Thomas H
Bought by
Reuben Barry G
Current Estimated Value
$406,536
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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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
Reuben Barry G $323,400 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2022 11/22/22 Sold $8,000,000 0.0% $96 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $8,000,000 -- $96 / Sq Ft
Source: Realtracs

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 -- $36,160 $2,680 $33,480
2024 -- $36,160 $2,680 $33,480
2023 $906 $36,160 $2,680 $33,480
2022 $923 $25,320 $2,680 $22,640
2021 $923 $25,320 $2,680 $22,640
2020 $923 $25,320 $2,680 $22,640
2019 $27,752 $25,320 $2,680 $22,640
2018 $923 $25,320 $2,680 $22,640
2017 $946 $22,080 $2,400 $19,680
2016 $946 $22,080 $2,400 $19,680
2015 $919 $22,080 $2,400 $19,680
2014 $919 $22,080 $2,400 $19,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2461831

Realtracs

APN: 074080P A 02400C128

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