NOT LISTED FOR SALE

507 Farmway Dr SE Cleveland, TN 37323

Estimated Value: $346,000 - $371,000

3 Beds
2 Baths
2,200 Sq Ft
$164/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $336,500 $153 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,062/month

19 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • 2 Car Attached Garage
  • Vaulted Ceiling
  • Front Porch
  • Double Pane Windows

About This Home

As of October 2023

Welcome to the Farmingdale neighborhood! This beautiful home has three bedrooms and two bathrooms, perfect for a family or anyone looking for a little extra space. The attached two car garage provides ample storage and convenience, while the covered back deck and fenced in back yard offer the perfect spot for entertaining or just enjoying some peace and quiet. Inside, the open floor plan and vaulted ceilings in the main living area create a spacious and welcoming atmosphere that you'll love coming home to. Be sure not to miss the finished basement adding so much value and potential to this house. Don't miss out on the chance to make this house your home - schedule a tour today and see all that it has to offer!

Last Agent to Sell the Property

Jannis Sams

Crye-Leike REALTORS - Cleveland License #257313 Listed on: 09/01/2023

Crye-Leike REALTORS - Cleveland

Last Buyer's Agent

A NON-MEMBER

--NON-MEMBER OFFICE-- License #308195

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $894

Year Built

  • Built in 2007

Lot Details

  • 0.78 Acre Lot
  • Lot Dimensions are 59x265x286x206
  • Property fronts a county road
  • Fenced
  • Back and Front Yard

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Windows
  • Window Screens
  • Entrance Foyer
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Screened Patio
  • Rain Gutters
  • Front Porch

Schools

  • Waterville Elementary School
  • Lake Forest Middle School
  • Bradley County High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Farmingdale Subdivision

Listing and Financial Details

  • Tax Lot 149
  • Assessor Parcel Number 006080g F 02000 000080g

Home Details

Home Type

Single Family

Est. Annual Taxes

$894

Year Built

Built in 2007

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.78
  • Lot Size: 59X265X286X206
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt, Paved
  • Subdivision Name: Farmingdale
  • Directions: N on Keith, Right on 25th to APD-40, Left on McGrady Drive, Left on Dalton Pike, Right into Farmingdale, Right on Farmway, Home on the left with a sign in the yard at the end of the cul-de-sac.
  • Above Grade Finished Sq Ft: 1464.0
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Structure Type: House
  • Year Built: 2007
  • General Property Information:Living Area2: 2200.0
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Percent Basement Finished: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished, Full, Partially Finished
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Interior Amenities: Walk-In Closet(s), Vaulted Ceiling(s), High Speed Internet, High Ceilings, Entrance Foyer, Bathroom Mirror(s)
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 736.0
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Tile
  • Living Area: 2200.0
  • Window Features: Screens, Double Pane Windows, Insulated Windows
  • ResoLivingAreaSource: Appraiser
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Partially Finished: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Bathroom Mirror(s): Yes
  • Interior Features:High Ceilings: Yes
  • Full Basement: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:High Speed Internet: Yes
  • Community Features:Street Lights: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Privacy, Back Yard, Fenced
  • Exterior Features: Rain Gutters
  • Lot Features: Mailbox, Back Yard
  • Pool Features: None
  • View: Neighborhood, Mountain(s)
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Block
  • Other Structures: None
  • Patio And Porch Features: Front Porch, Porch, Screened
  • Property Condition: None
  • Window Features:Insulated Windows: Yes
  • Patio And Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Brick: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes
  • Window Features:Screens: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Views: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Garage, Garage Door Opener
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Concrete3: Yes
  • Parking Features:Garage: Yes

Utilities

  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Sewer: Septic Tank
  • Laundry Features: Washer Hookup, Upper Level, Main Level, Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Underground Utilities, High Speed Internet Connected, Water Available, Phone Available, Cable Available, Cable Connected, Electricity Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 100.0
  • General Property Information:Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Waterville
  • High School: Bradley County
  • Middle Or Junior School: Lake Forest

Lot Info

  • Current Use: Subdevelopment
  • Lot Size Sq Ft: 33977.0
  • Parcel #: 006080g F 02000 000080g
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 893.79
  • Tax Book Number: 2879
  • Tax Lot: 149

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Oct 27, 2023
Sold by
Mclaughlin Edward Stanley and Mclaughlin Melissa K
Bought by
Santini Matalyn Anthia and Reker Braxton R
Seller's Agent
Jannis Sams
Crye-Leike REALTORS - Cleveland
Buyer's Agent
A NON-MEMBER
--NON-MEMBER OFFICE--
List Price
$355,000
Sold Price
$336,500
Premium/Discount to List
-$18,500
-5.21%
Views
262
Current Estimated Value
$361,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,282
Avg. Annual Appreciation
4.52%
Original Mortgage
$269,200
Outstanding Balance
$265,109
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$99,778

Purchase Details

Listed on
Dec 15, 2021
Closed on
Feb 3, 2022
Sold by
Barker Courtney S and Barker James E
Bought by
Mclaughlin Edward Stanley and Mclaughlin Melissa Kay
List Price
$285,000
Sold Price
$297,000
Premium/Discount to List
$12,000
4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$236,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2017
Closed on
Jun 24, 2017
Sold by
Johnston Joseph Edward and Johnston Bertha A
Bought by
Ervin Courtney S and Barker James E
Seller's Agent
Jannis Sams
Crye-Leike, REALTORS
Buyer's Agent
Nikkie Clark
Keller Williams Realty
List Price
$179,900
Sold Price
$178,000
Premium/Discount to List
-$1,900
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.75%
Original Mortgage
$174,775
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2007
Sold by
Martin Brown Construction
Bought by
Johnston Bertha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.08%
Source: Public Records

Range of Values:

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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
Santini Matalyn Anthia $336,500 Realty Title
Mclaughlin Edward Stanley $297,000 Professional Title Services
Ervin Courtney S $178,000 None Available
Johnston Bertha A $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santini Matalyn Anthia $269,200
Previous Owner Mclaughlin Edward Stanley $236,000
Previous Owner Ervin Courtney S $174,775
Previous Owner Johnston Joseph Edward $148,262
Previous Owner Johnston Bertha A $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $336,500 -5.2% $153 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $355,000 +19.5% $161 / Sq Ft
02/03/2022 02/03/22 Sold $297,000 +4.2% $135 / Sq Ft
12/18/2021 12/18/21 Pending -- -- --
12/15/2021 12/15/21 For Sale $285,000 +60.1% $130 / Sq Ft
06/27/2017 06/27/17 Sold $178,000 -1.1% $122 / Sq Ft
05/29/2017 05/29/17 Pending -- -- --
04/25/2017 04/25/17 For Sale $179,900 -- $123 / Sq Ft
Source: River Counties Association of REALTORS®

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
2024 $981 $55,200 $6,000 $49,200
2023 $981 $55,200 $6,000 $49,200
2022 $981 $55,200 $6,000 $49,200
2021 $894 $50,275 $0 $0
2020 $863 $50,275 $0 $0
2019 $863 $38,825 $0 $0
2018 $821 $0 $0 $0
2017 $854 $0 $0 $0
2016 $854 $0 $0 $0
2015 $847 $0 $0 $0
2014 $689 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: River Counties Association of REALTORS®

MLS Number: 20237055

River Counties Association of REALTORS®

APN: 080G-F-020.00