NOT LISTED FOR SALE

507 3rd Ave W Springfield, TN 37172

Estimated Value: $358,000 - $423,000

4 Beds
1.5 Baths
2,650 Sq Ft
$148/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $260,000 $98 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,236/month

2 Days on Market

Highlights

  • Wood Flooring
  • Tennis Courts
  • Central Heating and Cooling System
  • No HOA
  • Park
  • 3-minute walk to Garner St Park

About This Home

As of December 2023

BACK TO ACTIVE, Buyer Financing. This spacious home features a formal dining, sunroom, breakfast nook, office and unfinished basement all it needs is the buyer's personal touch to make it their own. Master bedroom offers a huge closet the size of another room that can be created into a custom closet or split to add a on-suite. Enjoy the beautiful tennis court view from balcony. Garner Street Park, green way, tennis court, playground and dog park just minutes from home. Property sold "AS IS". This property may qualify for Seller Financing (Vendee).

Last Agent to Sell the Property

Melba Jackson

EXIT Master Realty Brokerage Phone: 6154677077 License #334563 Listed on: 09/19/2023

Co-Listed By

Gayle Brown

EXIT Master Realty Brokerage Phone: 6154677077 License # 242845

Last Buyer's Agent

Logan Rhea

Real Broker License #354948

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,591

Year Built

  • Built in 1939

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 90x194.6x90.193.5

Parking

  • 1 Car Garage
  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,650 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • Dishwasher
  • Unfinished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Westside Elementary School
  • Springfield Middle School
  • Springfield High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 080G A 03400 000

Community Details

Overview

  • No Home Owners Association
  • Crestview Addn Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,591

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1939
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Finished Wood, Other, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Has Basement: Unfinished
  • Above Grade Finished Sq Ft: 2650
  • Building Area Units: Square Feet
  • Living Area: 2650
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Attached - Side, On Street
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Amenities: Park, Playground, Tennis Court(s), Trail(s)
  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size: 90X194.6X90.193.5
  • Lot Size Units: Acres
  • Parcel #: 080G A 03400 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1591

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Dec 15, 2023
Sold by
Secretary Of Veterans Affairs
Bought by
Hampton Nicholas and Sanchez Noemi
Seller's Agent
Melba Jackson
EXIT Master Realty
Buyer's Agent
Logan Rhea
Real Broker
List Price
$249,900
Sold Price
$260,000
Premium/Discount to List
$10,100
4.04%
Views
18
Current Estimated Value
$391,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,296
Avg. Annual Appreciation
22.19%
Original Mortgage
$354,141
Outstanding Balance
$347,821
Interest Rate
7.63%
Mortgage Type
FHA
Estimated Equity
$43,475

Purchase Details

Closed on
Jan 31, 2023
Sold by
Swbc Mortgage Corporation
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Jan 23, 2023
Sold by
Kershner Edward
Bought by
Swbc Mortgage Corporation

Purchase Details

Listed on
Oct 30, 2020
Closed on
Jan 15, 2021
Sold by
Primm Clint and Allen Hillary
Bought by
Whyte Shaun Michael and Alexander Mikala
Seller's Agent
Andy Knifley (The Andysoldit T
The AndySoldIt Team KELLER WILLIAMS
Buyer's Agent
Bernie Gallerani
Bernie Gallerani Real Estate
List Price
$240,000
Sold Price
$248,200
Premium/Discount to List
$8,200
3.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%
Original Mortgage
$248,200
Interest Rate
2.71%
Mortgage Type
VA

Purchase Details

Listed on
Jan 31, 2017
Closed on
Mar 15, 2017
Sold by
Derseweh William C and Primm Clint
Bought by
Derseweh William C and Derseweh Christy L
Seller's Agent
Teresa Richards
Benchmark Realty, LLC
Buyer's Agent
Tammy Yvonne Stroud
Keystone Realty and Management
List Price
$219,000
Sold Price
$179,900
Premium/Discount to List
-$39,100
-17.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$170,905
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 1998
Bought by
Derseweh William C and Derseweh Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,393
Interest Rate
6.58%

Purchase Details

Closed on
Oct 2, 1991
Bought by
Thomas George and Thomas Betty A

Purchase Details

Closed on
Jul 8, 1985
Bought by
Kurtsinger C F

Purchase Details

Closed on
Jun 2, 1983
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hampton Nicholas $260,000 None Listed On Document
Secretary Of Veterans Affairs $235,340 None Listed On Document
Swbc Mortgage Corporation $235,340 --
Whyte Shaun Michael $248,200 Warranty Title Llc
Derseweh William C $179,900 None Available
Derseweh William C $44,674 --
Thomas George $32,000 --
Kurtsinger C F -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hampton Nicholas $354,141
Previous Owner Whyte Shaun Michael $248,200
Previous Owner Derseweh William C $170,905
Previous Owner Not Available $59,393
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2023 12/15/23 Sold $260,000 +4.0% $98 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $249,900 +0.7% $94 / Sq Ft
01/15/2021 01/15/21 Sold $248,200 +3.4% $94 / Sq Ft View Prior Sale
11/19/2020 11/19/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $240,000 +33.4% $90 / Sq Ft
08/21/2019 08/21/19 Off Market $179,900 -- --
08/17/2019 08/17/19 For Sale $219,000 +21.7% $83 / Sq Ft
08/09/2019 08/09/19 Off Market $179,900 -- --
08/09/2019 08/09/19 For Sale $219,000 +21.7% $83 / Sq Ft
07/22/2019 07/22/19 Off Market $179,900 -- --
06/30/2019 06/30/19 For Sale $219,000 +21.7% $83 / Sq Ft
06/28/2019 06/28/19 Off Market $179,900 -- --
03/15/2017 03/15/17 Sold $179,900 -- $68 / 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 -- $88,875 $0 $0
2024 -- $88,875 $13,750 $75,125
2023 $2,227 $88,875 $13,750 $75,125
2022 $1,592 $43,625 $4,375 $39,250
2021 $1,592 $43,625 $4,375 $39,250
2020 $1,592 $43,625 $4,375 $39,250
2019 $47,924 $43,625 $4,375 $39,250
2018 $1,592 $43,625 $4,375 $39,250
2017 $1,306 $30,475 $4,600 $25,875
2016 $1,306 $30,475 $4,600 $25,875
2015 $1,268 $30,475 $4,600 $25,875
2014 $1,268 $30,475 $4,600 $25,875
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2573065

Realtracs

APN: 080G-A-034.00