NOT LISTED FOR SALE

8216 Florence Rd Smyrna, TN 37167

Estimated Value: $400,000 - $817,000

-- Bed
2 Baths
1,544 Sq Ft
$333/Sq Ft Est. Value

About This Home

This home is located at 8216 Florence Rd, Smyrna, TN 37167 and is currently estimated at $513,958, approximately $332 per square foot. 8216 Florence Rd is a home located in Rutherford County with nearby schools including Smyrna Primary School, Smyrna Middle School, and Smyrna High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2018
Sold by
Patel Saviabahen S and Patel Arkesh S
Bought by
Patel Arkesh and Patel Neelam
Current Estimated Value
$513,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Outstanding Balance
$1,351,692
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
-$837,734

Purchase Details

Closed on
Nov 14, 2017
Sold by
Shams Properties Llc
Bought by
Patel Savitabhen S and Patel Arkesh S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Outstanding Balance
$5,865,667
Interest Rate
3.85%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$5,351,709

Purchase Details

Closed on
Mar 25, 2009
Sold by
Messer John Edward
Bought by
Shams Mohammed R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.14%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Patel Arkesh -- None Available
Patel Savitabhen S $710,000 None Available
Shams Mohammed R $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Arkesh $1,550,000
Open Patel Savitabhen S $7,000,000
Previous Owner Shams Mohammed R $350,000
Source: Public Records

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 $1,743 $92,875 $21,400 $71,475
2024 $1,743 $92,875 $21,400 $71,475
2023 $1,743 $92,875 $21,400 $71,475
2022 $1,501 $92,875 $21,400 $71,475
2021 $1,363 $61,400 $15,075 $46,325
2020 -- $61,400 $15,075 $46,325
2019 -- $61,400 $15,075 $46,325
Source: Public Records

Map

Tennessee Rutherford County Smyrna 37167

8216 Florence Rd, Smyrna, TN

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