NOT LISTED FOR SALE

607 S Locust St Springfield, TN 37172

Estimated Value: $980,880

2 Beds
3 Baths
5,550 Sq Ft
$177/Sq Ft Est. Value

About This Home

Utilities Included in this upstairs apartment. Love the aromas of a Day Spa? Don t mind stairs? Discover tranquility in this newly renovated upstairs apartment located in the Historic District of Springfield. Immerse yourself in the aromas of a day spa with the peace and quiet you desire. This charming apartment has refrigerator, stove, microwave, washer and dryer, along with LVP flooring. Enjoy picturesque views of the Courthouse from every window. Conveniently situated within walking distance to the library, Greenway, Garner St Park, tennis courts, and the Historic Springfield Downtown Square with its array of restaurants and shopping options. Ideal applicants will have a credit score of 600+, a clean background check, no prior evictions, and a commitment to a smoke-free and pet-free environment. The lease term option is 6-12 months, with the first/last/security deposit required upfront.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2019
Sold by
Wc Properties
Bought by
Velez Rafael A and Reyes Velez Carmen E
Current Estimated Value
$980,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,800
Outstanding Balance
$197,637
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$783,243

Purchase Details

Closed on
May 30, 2013
Sold by
Wc Properties Llc
Bought by
Wc Properties

Purchase Details

Closed on
Aug 27, 2008
Sold by
Fleming Charlotte U
Bought by
Wc Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
6.48%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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.

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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.

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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.

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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.

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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
Velez Rafael A $281,000 Warranty Title Insurance Co
Wc Properties -- --
Wc Properties Llc $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velez Rafael A $224,800
Previous Owner Wc Properties Llc $221,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2024 09/07/24 For Rent $1,400 -- --

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 -- $198,480 $28,840 $169,640
2023 $4,973 $198,480 $28,840 $169,640
2022 $4,004 $109,760 $11,120 $98,640
2021 $4,004 $109,760 $11,120 $98,640
2020 $4,004 $109,760 $11,120 $98,640
2019 $120,527 $109,760 $11,120 $98,640
2018 $4,004 $109,760 $11,120 $98,640
2017 $4,449 $103,840 $10,000 $93,840
2016 $4,449 $103,840 $10,000 $93,840
2015 $4,320 $103,840 $10,000 $93,840
2014 $4,320 $103,840 $10,000 $93,840
Source: Public Records

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