NOT LISTED FOR SALE

611 5th Ave E Springfield, TN 37172

Estimated Value: $210,223 - $292,000

-- Bed
2 Baths
1,614 Sq Ft
$158/Sq Ft Est. Value

Last Sold February 20, 2019

Last sale price $100,000 $62 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $1,499/month

Highlights

  • Cooling Available
  • Heating Available
  • Property has 1 Level
  • Carpet

About This Home

As of February 2019

Income property. Operating expenses are annualized.

Last Agent to Sell the Property

Jayne Eden

Century 21 Landmark Realty License # 334824 Listed on: 11/27/2018

Century 21 Landmark Realty

Co-Listed By

Bill McKinney

Century 21 Landmark Realty License #13683

Last Buyer's Agent

John Youngkrantz

simpliHOM License #338452

simpliHOM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,318

Year Built

  • Built in 1906

Lot Details

  • 0.66

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,614 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $350
  • Assessor Parcel Number 074080K B 00600 000080K

Community Details

Overview

  • 2 Units
  • Duplex Subdivision

Building Details

  • Operating Expense $5,600
  • Gross Income $18,200
  • Net Operating Income $12,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,318

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1906
  • Inclusions: NOFUR
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Above Grade Finished Sq Ft: 1614
  • Building Area Units: Square Feet
  • Living Area: 1614
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: Res
  • Lot Size: 100X296 IRR
  • Lot Size Units: Acres
  • Parcel #: 074080K B 00600 000080K
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 18200
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 12600
  • Number Of Units Total: 2
  • Annual Operating Expense: 5600
  • Total Actual Rent: 350

Tax Info

  • Tax Annual Amount: 1318

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2018
Closed on
Feb 20, 2019
Sold by
White Wendell F
Bought by
Scovel Molly
Seller's Agent
Jayne Eden
Century 21 Landmark Realty
Buyer's Agent
John Youngkrantz
simpliHOM
List Price
$344,900
Sold Price
$100,000
Premium/Discount to List
-$244,900
-71.01%
Current Estimated Value
$255,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,306
Avg. Annual Appreciation
15.09%

Purchase Details

Closed on
Mar 4, 2016
Sold by
Reynolds Marcia
Bought by
White Wendell

Purchase Details

Closed on
Jun 21, 2013
Sold by
Holman Alan
Bought by
Reynolds Marcia

Purchase Details

Closed on
Sep 7, 2000
Bought by
Holman Alan and Holman Marcia

Purchase Details

Closed on
Jul 7, 1995
Bought by
Impeckable Properties

Purchase Details

Closed on
Oct 25, 1988
Bought by
Haynes Brenda

Purchase Details

Closed on
Jul 13, 1988
Bought by
Haynes Gary

Purchase Details

Closed on
Nov 29, 1985
Bought by
Holman Allison Haynes
Source: Public Records

Range of Values:

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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
Scovel Molly $100,000 None Available
White Wendell $150,000 --
Reynolds Marcia -- --
Holman Alan $50,000 --
Impeckable Properties $38,000 --
Haynes Brenda -- --
Haynes Gary $36,000 --
Holman Allison Haynes -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2021 08/09/21 Off Market $100,000 -- --
08/01/2021 08/01/21 For Sale $344,900 +244.9% $214 / Sq Ft
02/20/2019 02/20/19 Sold $100,000 -- $62 / Sq Ft
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
2024 -- $71,720 $25,920 $45,800
2023 $1,797 $71,720 $25,920 $45,800
2022 $1,122 $30,760 $11,120 $19,640
2021 $1,122 $30,760 $11,120 $19,640
2020 $1,122 $30,760 $11,120 $19,640
2019 $33,792 $30,760 $11,120 $19,640
2018 $1,122 $30,760 $11,120 $19,640
2017 $1,104 $25,760 $10,000 $15,760
2016 $1,104 $25,760 $10,000 $15,760
2015 $1,072 $25,760 $10,000 $15,760
2014 $1,072 $25,760 $10,000 $15,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1991805

Realtracs

APN: 080K-B-006.00