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Springfield 37172
105 Shannon Ln
Photo of 105 Shannon Ln
Sold on Jun 13, 2025

11

Map

Photo of 105 Shannon Ln
Photo of 105 Shannon Ln
$130,000
● House - Off Market

105 Shannon Ln

Springfield, TN 37172
bedrooms
2 Beds
bathrooms
1 Bath
square feet
924 Ft²
$1,016
Est. Monthly
17.06%
Cap Rate

About This Property

Great investment opportunity!! Convenient to all amenities; restaurants, groceries, and fast food.  Cute, well-kept established home near bustling, growing hub of Springfield TN! Tenant in place that would love to stay! Tucked right behind Dollar General! Perfect for income-producing property!
Unit Size
924 Ft²
Days on Market
115 days
Land Size
0.50 acres
Price per sqft
$206
Property Type
House
Property Taxes
$82
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (Realtracs #RTC2792898)

Price History

Date / Event Date Event Price
Jun 13, 2025 Sold
Premium
Sold
Feb 18, 2025 Listed by Cope Associates Realty & Auction, LLC $190,000
Listed by Cope Associates Realty & Auction, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1990
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 24
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,500
  • Lot Size Depth Feet: 2,700
  • Lot Size Frontage Feet: 500
  • Total Building Area: 924
  • Building Area: 924
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 4
  • Heating: 24
  • Heated Square Feet: 924
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GOLFVIEW
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: GOLFVIEW A 34 94H G 094H 016.00 000

Neighborhood

  • School District Name: Robertson County School District
  • School Tax School District: 74702
  • Census Tract: 080402

Geography

  • Assessors Map Reference: 091F
  • District: 09
  • Parcel: 074091F B 02400
  • Block: A
  • Lot: 34
  • Municipality: SPRINGFIELD
  • Latitude: 36.4895
  • Longitude: -86.8709

    Address

  • Full Address: 105 Shannon Ln
  • Address - House Number: 105
  • Address - Street Name: Shannon
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Springfield
  • Carrier Code: C007
  • 4-Digit Zip Code: 4033
  • Zip Code: 37172

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $63,300
  • Tax Rate Code Area: 74A10

    Appraisal Valuation

  • Standard Deviation: 0.2086
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 199,058
  • High Value: 240,598
  • Low Value: 157,518

    Market Valuation

  • Market Total Value: $157,400
  • Market Land Value: $70,000
  • Market Improvement Value: $87,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,350
  • Assessed Land Value: $17,500
  • Assessed Improvements Value: $21,850

    Sales

  • Current Sale Recording Date: Dec 08, 1995
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 13, 1993
  • Previous Sale Amount: $15,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Springfield

Stats & Trends

Median Asking:

$344,900

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

67

Average Home Size

1763 ft²

Average Home Age

34.8 years

Currently For Sale

86 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Realtracs

Listed by: Ed Cope, Cope Associates Realty & Auction, LLC
Last Updated: 5 months ago
Data Source: Realtracs, MLS# RTC2792898
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 105 Shannon Lane built and last sold?
The property at 105 Shannon Lane was built in 1950 and last sold on Jan 1, 1970 for $30,000.
How much is this home worth?
The estimated value of the home located at 105 Shannon Lane is $0.
What are some comparable homes to 105 Shannon Lane?
There are currently no comparable homes to 105 Shannon Lane.
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