NOT LISTED FOR SALE

507 Independence Way Murfreesboro, TN 37129

Estimated Value: $373,000 - $390,000

3 Beds
2 Baths
1,377 Sq Ft
$277/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $385,000 $280 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,200/month

4 Days on Market

Highlights

  • Above Ground Pool
  • Covered Deck
  • No HOA
  • Northfield Elementary School Rated A-
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of March 2024

Welcome to resort like living, This home features 3 bedrooms and 2 baths, stainless steel appliances, above ground-pool with lots of outdoor entertainment areas. All windows in the home were replaced in 2021, hot water tank replaced 2020, new decking and new pool in 2022, vinyl fence installed in 2022, landscaping was done in 2023, new primary bath was completed in 2022, carpet and memory foam pad was installed in 2019.

Last Agent to Sell the Property

Beth Hoefer

Parks Compass Brokerage Phone: 6159878830 License #337551 Listed on: 02/22/2024

Parks Compass

Last Buyer's Agent

Christina Sullivant

Pilkerton Realtors License # 340789

Pilkerton Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,099

Year Built

  • Built in 1989

Lot Details

  • 0.37 Acre Lot
  • Privacy Fence

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,377 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Outdoor Smart Camera
  • Fire and Smoke Detector

Outdoor Features

  • Above Ground Pool
  • Covered Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ravenwood Sec 5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 080C E 06100 R0045686

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,099

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1989
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6159878830
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), High Speed Internet
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Fireplace: No
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1377
  • Building Area Units: Square Feet
  • Living Area: 1377
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Smart Camera(s)/Recording, Storage
  • Construction Type: Brick
  • Fencing: Privacy
  • Patio And Porch Features: Covered Deck, Covered Porch, Deck, Patio
  • Pool Features: Above Ground
  • Pool Private: Yes
  • 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
  • Parking Features: Attached - Side, Driveway
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump, Natural Gas
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Water Available, Cable Connected

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Acres: 0.37
  • Lot Size: 105.52 X 128.84 IRR
  • Lot Size Units: Acres
  • Parcel #: 080C E 06100 R0045686
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2099

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

Listed on
Feb 22, 2024
Closed on
Mar 18, 2024
Sold by
Phillips Eric S and Bogardus Michael
Bought by
Schofield Angela M and Schofield Jeffrey K
Seller's Agent
Beth Hoefer
Parks Compass
Buyer's Agent
Christina Sullivant
Pilkerton Realtors
List Price
$379,900
Sold Price
$385,000
Premium/Discount to List
$5,100
1.34%
Views
30
Current Estimated Value
$381,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,687
Avg. Annual Appreciation
-0.61%
Original Mortgage
$308,000
Outstanding Balance
$302,887
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$78,426

Purchase Details

Listed on
Jul 25, 2019
Closed on
Oct 1, 2019
Sold by
Thompson Emily Jameson and Thompson Evan G
Bought by
Phillips Eric S and Bogardus Michael
Seller's Agent
Mary Anne Conner
Compass
Buyer's Agent
Beth Hoefer
Parks Compass
List Price
$239,900
Sold Price
$239,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.16%
Original Mortgage
$235,554
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 10, 2016
Closed on
Sep 22, 2016
Sold by
Fite Gregory J and Fite Shandra
Bought by
Jameson Emily G and Thompson Evan G
Seller's Agent
Jody Hodges
Hodges and Fooshee Realty Inc.
Buyer's Agent
Mary Anne Conner
Compass
List Price
$154,000
Sold Price
$185,000
Premium/Discount to List
$31,000
20.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%
Original Mortgage
$179,450
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2015
Sold by
Hollis Daniel L
Bought by
Fite Gregory J Shandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,409
Interest Rate
4.09%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2011
Sold by
Barbara Mullin
Bought by
Hollis Daniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
4.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 2002
Sold by
Ann Green and Ann Eva
Bought by
Barbara Mullin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,032
Interest Rate
5.93%
Source: Public Records

Range of Values:

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Average Value
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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
Schofield Angela M $385,000 Regal Title
Phillips Eric S $239,900 Signature Title Services Llc
Jameson Emily G $185,000 Broker Title & Escrow
Fite Gregory J Shandra $143,000 --
Hollis Daniel L $118,000 --
Barbara Mullin $121,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schofield Angela M $308,000
Previous Owner Phillips Eric S $235,554
Previous Owner Jameson Emily G $179,450
Previous Owner Fite Gregory J Shandra $140,409
Previous Owner Hollis Daniel L $118,000
Previous Owner Barbara Mullin $119,032
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2024 03/18/24 Sold $385,000 +1.3% $280 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $379,900 +58.4% $276 / Sq Ft
10/01/2019 10/01/19 Sold $239,900 0.0% $174 / Sq Ft View Prior Sale
09/03/2019 09/03/19 Pending -- -- --
07/25/2019 07/25/19 For Sale $239,900 +55.8% $174 / Sq Ft
01/10/2019 01/10/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $154,000 -16.8% $113 / Sq Ft
10/03/2016 10/03/16 Sold $185,000 -- $136 / 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 $2,143 $75,750 $13,750 $62,000
2024 $2,143 $75,750 $13,750 $62,000
2023 $1,392 $74,200 $13,750 $60,450
2022 $1,199 $74,200 $13,750 $60,450
2021 $1,081 $48,725 $11,250 $37,475
2020 $1,081 $48,725 $11,250 $37,475
2019 $1,081 $48,725 $11,250 $37,475
2018 $1,486 $48,725 $0 $0
2017 $1,321 $34,000 $0 $0
2016 $1,321 $34,000 $0 $0
2015 $1,321 $34,000 $0 $0
2014 $845 $34,000 $0 $0
2013 -- $36,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2622134

Realtracs

APN: 080C-E-061.00-000