NOT LISTED FOR SALE

502 5th Ave E Springfield, TN 37172

Estimated Value: $236,000 - $291,000

3 Beds
1 Bath
1,404 Sq Ft
$186/Sq Ft Est. Value

Last Sold March 04, 2020

Last sale price $155,000 $110 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,453/month

100 Days on Market

Highlights

  • Covered Patio or Porch
  • Tile Flooring
  • Ceiling Fan
  • Cooling Available
  • Central Heating
  • Wood Burning Fireplace

About This Home

As of March 2020

This Springfield one-story offers a fireplace and a covered front porch.

Last Agent to Sell the Property

Feras Rachid

OPENDOOR BROKERAGE, LLC Brokerage Phone: 6155054337 License #347106 Listed on: 10/17/2019

OPENDOOR BROKERAGE, LLC

Last Buyer's Agent

NONMLS NONMLS

License #2211

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $671

Year Built

  • Built in 1916

Lot Details

  • 0.3

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,404 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Wood Burning Fireplace
  • Crawl Space
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Cheatham Park Elementary School
  • Springfield Middle School
  • Springfield High School

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Covered Patio or Porch
  • 0.3 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 080F C 02200 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$671

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1916
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Wood Burning Fireplace
  • Appliances: Dishwasher
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Tile, Vinyl
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1404
  • Building Area Units: Square Feet
  • Living Area: 1404
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered Porch
  • 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 Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.3
  • Lot Size: 65X225.4 IRR
  • Lot Size Units: Acres
  • Parcel #: 080F C 02200 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 671

MLS Schools

  • Elementary School: Cheatham Park Elementary
  • High School: Springfield High School
  • Middle Or Junior School: Springfield Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2019
Closed on
Feb 20, 2020
Sold by
Opendoor Property Acquisition Llc
Bought by
Raymer Howard E and Raymer Kathe F
Seller's Agent
Feras Rachid
OPENDOOR BROKERAGE, LLC
Buyer's Agent
NONMLS NONMLS
List Price
$166,000
Sold Price
$155,000
Premium/Discount to List
-$11,000
-6.63%
Current Estimated Value
$257,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,938
Avg. Annual Appreciation
9.38%
Original Mortgage
$152,192
Outstanding Balance
$134,232
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$127,216

Purchase Details

Listed on
Aug 7, 2019
Closed on
Sep 30, 2019
Sold by
Grayson Preston F and Grayson Autumn
Bought by
Opendoor Property Acquisition Llc
Seller's Agent
Madison (Maddey) Vaughn
simpliHOM
Buyer's Agent
Feras Rachid
OPENDOOR BROKERAGE, LLC
List Price
$159,900
Sold Price
$142,499
Premium/Discount to List
-$17,401
-10.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.60%

Purchase Details

Listed on
Apr 14, 2014
Closed on
Apr 30, 2014
Sold by
Grayson Alex D
Bought by
Grayson Preston F
Seller's Agent
Mike Gossett
SixOneFive Real Estate Advisors
Buyer's Agent
Mike Gossett
SixOneFive Real Estate Advisors
List Price
$239,900
Sold Price
$85,000
Premium/Discount to List
-$154,900
-64.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.00%
Original Mortgage
$80,750
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2008
Sold by
Hasting Samuel E
Bought by
Grayson Alex D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,350
Interest Rate
5.82%

Purchase Details

Closed on
Dec 7, 2007
Sold by
Armes Waymond T
Bought by
Hasting Samuel E

Purchase Details

Closed on
Sep 21, 2007
Sold by
Bank Of New York Tr
Bought by
Armes Waymond T

Purchase Details

Closed on
May 10, 2007
Sold by
Olive Cora
Bought by
Bank Of New York Tr

Purchase Details

Closed on
Dec 15, 2000
Bought by
Olive Cora

Purchase Details

Closed on
Mar 19, 1992
Bought by
Watts Michael L and Watts Michelle E

Purchase Details

Closed on
Aug 25, 1983
Bought by
Cook Garner
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Raymer Howard E $155,000 Tennessee Title Services Llc
Opendoor Property Acquisition Llc $142,499 None Available
Grayson Preston F $85,000 --
Grayson Alex D $77,217 --
Hasting Samuel E $44,900 --
Armes Waymond T $24,000 --
Bank Of New York Tr $26,201 --
Olive Cora $32,900 --
Watts Michael L $14,500 --
Cook Garner -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raymer Howard E $152,192
Previous Owner Grayson Preston F $80,750
Previous Owner Cook Garner $73,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2020 03/04/20 Sold $155,000 -6.6% $110 / Sq Ft
01/25/2020 01/25/20 Pending -- -- --
10/17/2019 10/17/19 For Sale $166,000 +16.5% $118 / Sq Ft
09/30/2019 09/30/19 Sold $142,499 -10.9% $101 / Sq Ft View Prior Sale
08/29/2019 08/29/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $159,900 -33.3% $114 / Sq Ft
08/16/2016 08/16/16 Pending -- -- --
08/09/2016 08/09/16 For Sale $239,900 +182.2% $194 / Sq Ft
04/30/2014 04/30/14 Sold $85,000 -- $69 / Sq Ft View Prior Sale
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 -- $49,025 $0 $0
2024 -- $49,025 $4,875 $44,150
2023 $1,228 $49,025 $4,875 $44,150
2022 $1,290 $35,350 $1,650 $33,700
2021 $671 $35,350 $1,650 $33,700
2020 $1,025 $18,400 $1,650 $16,750
2019 $20,174 $18,400 $1,650 $16,750
2018 $671 $18,400 $1,650 $16,750
2017 $542 $12,650 $1,225 $11,425
2016 $542 $12,650 $1,225 $11,425
2015 $526 $12,650 $1,225 $11,425
2014 $526 $12,650 $1,225 $11,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2091889

Realtracs

APN: 080F-C-022.00