NOT LISTED FOR SALE

502 Independence Way Murfreesboro, TN 37129

Estimated Value: $395,949 - $422,000

3 Beds
2 Baths
1,761 Sq Ft
$232/Sq Ft Est. Value

Last Sold November 02, 2012

Last sale price $165,000 $94 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $2,360/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Cooling Available
  • Northfield Elementary School Rated A-
  • 1 Fireplace
  • Patio

About This Home

As of November 2012

Seller is eager for an offer.

Last Agent to Sell the Property

Anne Lewis

Fridrich & Clark Realty License #316211 Listed on: 10/17/2012

Fridrich & Clark Realty

Last Buyer's Agent

Todd Tressler

J. R. Hobbs & Sons License # 216213

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,580

Year Built

  • Built in 1991

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 115x140
  • Partially Fenced Property

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,761 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Storage
  • Crawl Space

Kitchen

  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

  • Northfield Elementary School
  • Siegel Middle School
  • Siegel High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Ravenwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 080C E 02300 R0045648

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,580

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1991
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Smoke Alarm, Storage
  • Appliances: Disposal, Dryer, Washer, Microwave
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1761
  • Building Area Units: Square Feet
  • Living Area: 1761
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Construction Type: Brick, Aluminum Siding
  • Fencing: Partial
  • Patio And Porch Features: Patio, Screened
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Water Available, Sewer Available

Condo/Co-op/Association

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

Green Features

  • Efficiency: Thermostat

Lot Info

  • Lot Size Acres: 0.36
  • Lot Size: 115x140
  • Lot Size Units: Acres
  • Parcel #: 080C E 02300 R0045648
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1580

MLS Schools

  • Elementary School: Northfield Elementary
  • High School: Siegel High School
  • Middle Or Junior School: Siegel Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2016
Sold by
Rankin Joseph L
Bought by
Rankin Joseph L and Rankin Family Irrevocable Trust
Current Estimated Value
$407,987

Purchase Details

Listed on
Oct 17, 2012
Closed on
Nov 2, 2012
Sold by
Horn Shannon C
Bought by
Rankin Joseph L
Seller's Agent
Anne Lewis
Fridrich & Clark Realty
Buyer's Agent
Todd Tressler
J. R. Hobbs & Sons
List Price
$2,325
Sold Price
$165,000
Premium/Discount to List
$162,675
6996.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%

Purchase Details

Closed on
Jun 28, 2004
Sold by
Lawrence Cunningham
Bought by
Horn Shannon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.25%

Purchase Details

Closed on
Feb 18, 1997
Bought by
Cunningham and Judi
Source: Public Records

Range of Values:

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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
Rankin Joseph L -- None Available
Rankin Joseph L $165,000 --
Horn Shannon C $148,000 --
Cunningham $117,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cunningham $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2015 04/06/15 Off Market $165,000 -- --
02/23/2015 02/23/15 For Sale $2,325 -98.6% $1 / Sq Ft
11/02/2012 11/02/12 Sold $165,000 -- $94 / 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 $2,358 $83,350 $13,750 $69,600
2024 $2,358 $83,350 $13,750 $69,600
2023 $1,564 $83,350 $13,750 $69,600
2022 $1,347 $83,350 $13,750 $69,600
2021 $1,270 $57,225 $11,250 $45,975
2020 $1,270 $57,225 $11,250 $45,975
2019 $1,270 $57,225 $11,250 $45,975
2018 $1,744 $57,225 $0 $0
2017 $1,620 $41,675 $0 $0
2016 $1,620 $41,675 $0 $0
2015 $1,620 $41,675 $0 $0
2014 $1,036 $41,675 $0 $0
2013 -- $42,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1402113

Realtracs

APN: 080C-E-023.00-000