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1502 Memorial Boulevard

1502 Memorial Boulevard, Springfield, TN 37172
Commercial in Robertson
1502 Memorial Boulevard in Springfield, TN was first built in 2011 and is 13 years old. This has been categorized as a commercial property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1502 Memorial Boulevard has 3,840 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 26,572 square feet.

Learn more about the property and building on this page. The home has a wood truss style roof made of asphalt and ply sheets in a built-up roof style. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a heating system. The property was last sold in Feb 20, 2021 for $725,000. That's $188.80 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $100,000. 1502 Memorial Boulevard was last assessed in 2023. The total value of the property was assessed at $239,480. Specifically, the land the property is located on was valued at $101,760. While improvements on the property were assessed at a total of $137,720. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $8,268. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: C
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Wood truss
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Business/Commerical Units Count: 3
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 26,572
  • Total Building Area: 3,840
  • Gross Building Area: 3,840
  • Building Area: 3,840
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 3,840
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: FIRST TENNESSEE COMMERCIAL SUBDIVISION
  • Land Acres: 0.61
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: FIRST TENNESSEE 2 81M E 081M 019.01 000

Ownership

  • Current Owner : KOUZOUGLIDIS DEMETRE
  • Current Owner 2: KOUZOUGLIDIS MARIA
  • Previous Owner : SNEED MICHAEL B
  • Previous Owner 2: SNEED JULIE D
  • Owner Before Previous Owner: PATIENT SAFETY
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Robertson County School District
  • School Tax School District: 74702
  • Census Tract: 080401

Geography

  • Assessors Map Reference: 080O
  • District: 09
  • Parcel: 074091C A 00500
  • Lot: 2
  • Municipality: SPRINGFIELD
  • Latitude: 36.4999
  • Longitude: -86.8815

    Address

  • Full Address: 1502 Memorial Blvd
  • Address - House Number: 1502
  • Address - Street Name: Memorial
  • Address - Suffix Type: Blvd
  • State: TN
  • City Name: Springfield
  • Carrier Code: C002
  • 4-Digit Zip Code: 3235
  • Zip Code: 37172

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,268
  • Tax Rate Code Area: 74A10

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: PERSONS BANKING COMPANY
  • First Open Lien Mortgage Recording Date: Mar 01, 2021
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Open Lien Mortgage Loan Due Date: Feb 26, 2026

    Market Valuation

  • Market Total Value: $598,700
  • Market Land Value: $254,400
  • Market Improvement Value: $344,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,480
  • Assessed Land Value: $101,760
  • Assessed Improvements Value: $137,720

    Sales

  • Current Sale Contract Date: Feb 20, 2021
  • Current Sale Recording Date: Mar 01, 2021
  • Current Sale Transaction ID: 11825001246
  • Current Sale Price: $725,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 377774
  • Previous Sale Recording Date: Oct 30, 2008
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PERSONS BANKING COMPANY
  • First Mortgage Transaction Date: Mar 01, 2021
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • First Mortgage Loan Due Date: Feb 26, 2026

    Previous Mortgages

  • Previous Mortgage Lender: COMMERCE UNION BANK
  • Previous Mortgage Transaction Date: Nov 03, 2008
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Oct 31, 2009

About Springfield



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Frequently Asked Questions

What neighborhood is 1502 Memorial Boulevard located in?
The 1502 Memorial Boulevard is a commercial located in the neighborhood of Robertson in Springfield, Springfield.
What is the average sales price for listings in 1502 Memorial Boulevard?
The average sales price for units in 1502 Memorial Boulevard is $0 currently.

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