NOT LISTED FOR SALE

506 Springwater Dr Summertown, TN 38483

Estimated Value: $337,000 - $369,000

3 Beds
2 Baths
1,606 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $282,000 $176 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,914/month

41 Days on Market

Highlights

  • New Construction
  • 2 Car Attached Garage
  • Vinyl Flooring
  • No HOA
  • Central Heating and Cooling System
  • Property has 1 Level

About This Home

As of March 2022

Summertown!! 3 bedroom, 2 bath, 1606 SF New Construction with all the upgrades. Open floor plan with vaulted ceiling. White Shaker Cabinets. Granite countertops. Large island. LVP Waterproof Vinyl Plank flooring through out. Tiled bath and utility. Walk in closet. Large pantry. Covered Front porch. Large back deck. Concrete drive. 2 car attached garage.

Last Agent to Sell the Property

Donna Corbin

Corbin & Company Realty, LLC License #276923 Listed on: 11/13/2021

Last Buyer's Agent

Chase Blanchard

simpliHOM License #331458

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.7 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,606 Sq Ft Home
  • Property has 1 Level
  • Vinyl Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Summertown Elementary
  • Summertown High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Coldwater Estates Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 007 05816 000

Home Details

Home Type

Single Family

Year Built

Built in 2021 | New Construction

Lot Details

0.7 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2021
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Year Built Details: NEW
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Vinyl
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1606
  • Building Area Units: Square Feet
  • Living Area: 1606
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Vinyl Siding
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.701
  • Lot Size Units: Acres
  • Parcel #: 007 05816 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 66
  • Tax Lot: 16

MLS Schools

  • Elementary School: Summertown Elementary
  • High School: Summertown High School
  • Middle Or Junior School: Summertown Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2020
Sold by
Wesson Wayne
Bought by
Hargrove James A and Hargrove Lee L
Current Estimated Value
$350,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,750
Outstanding Balance
$147,157
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$203,741

Purchase Details

Closed on
Nov 20, 2019
Sold by
Wesson Wayne
Bought by
Kambestad Eric and Kambestad Alberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,640
Interest Rate
3.5%
Mortgage Type
New Conventional
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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Purchase History

Date Buyer Sale Price Title Company
Hargrove James A $195,000 None Available
Kambestad Eric $179,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hargrove James A $165,750
Previous Owner Kambestad Eric $161,640
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2022 03/16/22 Sold $282,000 +0.4% $176 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $281,000 -- $175 / 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 $1,291 $64,225 $6,000 $58,225
2024 $1,291 $64,225 $6,000 $58,225
2023 $1,291 $64,225 $6,000 $58,225
2022 $1,022 $50,825 $6,000 $44,825
2021 $141 $4,775 $4,775 $0
2020 $132 $4,775 $4,775 $0
2019 $147 $39,000 $4,975 $34,025
2018 $147 $4,975 $4,975 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Donna Corbin

    Corbin & Company Realty, LLC

    (931) 964-2222

    115 Total Sales

    Donna Corbin
    Section Image
  • Chase Blanchard

    Buyer's Agent in 2022

    Chase Blanchard

    simpliHOM

    (931) 446-9964

    59 Total Sales

    Chase Blanchard
    Section Image
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Map

Source: Realtracs

MLS Number: 2308513

Realtracs

APN: 050007 05810

Tennessee Lawrence County Summertown 38474

506 Springwater Dr, Summertown, TN

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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