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403 Grace Street

403 Grace Street, Springfield, TN 37172
House in Robertson
Sold Jul 06, 2020
$178,900
$274,550 by Firstbank
Mortgage Due Sep 01, 2052
Sold Feb 12, 2018
$155,000
$152,192 by F & M Bank
Mortgage Due Mar 01, 2048
403 Grace Street in Springfield, TN was first built in 1969 and is 55 years old. Although, the building on the property was most recently renovated and altered in 2017. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 403 Grace Street has 1,209 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. The basement is 264 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 670 ft and the linear feet between the front and back of the lot is 1,140. In total, the area measurement of the land is 7,638 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of composition shingle. 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. For those who need parking, there is a carport. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 403 Grace Street sold most recently in Jul 2, 2020 for a total of $178,900. If you work out the math, that's approximately a cost of $147.97 per sqft. Before that, the property was also sold for $155,000 in Feb 9, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,325 in taxes each year. 403 Grace Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $58,325. If we break it down further, the land itself was valued at $12,500. Improvements to the property, however, were assessed at a total of $45,825. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 264
  • Parking Type: Attached
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,638
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 670
  • Total Building Area: 1,209
  • Building Area: 1,209
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,209
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: OAK HILL
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OAK HILL 22 81E E 081E 022.00 000

Ownership

  • Current Owner : PENUEL JULIE C
  • Current Owner 2: PENUEL PEYTON W
  • Previous Owner : BULL DEVIN P
  • Previous Owner 2: BUSH DEVIN P
  • Owner Before Previous Owner: ROBERTS CALEB
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 080F
  • District: 09
  • Parcel: 074080F C 03700
  • Lot: 22
  • Municipality: SPRINGFIELD
  • Latitude: 36.5112
  • Longitude: -86.8787

    Address

  • Full Address: 403 Grace St
  • Address - House Number: 403
  • Address - Street Name: Grace
  • Address - Suffix Type: St
  • State: TN
  • City Name: Springfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 2522
  • Zip Code: 37172

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,325
  • Tax Rate Code Area: 74A10

    Appraisal Valuation

  • Standard Deviation: 0.0878
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 92
  • Final Value: 297,930
  • High Value: 324,088
  • Low Value: 271,771

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $274,550
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Aug 11, 2022
  • First Open Lien Mortgage Loan Amount: $274,550
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $233,300
  • Market Land Value: $50,000
  • Market Improvement Value: $183,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,325
  • Assessed Land Value: $12,500
  • Assessed Improvements Value: $45,825

    Sales

  • Current Sale Contract Date: Jul 02, 2020
  • Current Sale Recording Date: Jul 06, 2020
  • Current Sale Transaction ID: 11773045351
  • Current Sale Price: $178,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 365020
  • Previous Sale Recording Date: Feb 12, 2018
  • Previous Sale Contract Date: Feb 09, 2018
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PERSONS BANKING COMPANY
  • First Mortgage Transaction Date: Jul 06, 2020
  • First Mortgage Loan Amount: $175,659
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: F & M BANK
  • Previous Mortgage Transaction Date: Feb 12, 2018
  • Previous Mortgage Loan Amount: $152,192
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2048

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 403 Grace Street located in?
The 403 Grace Street is a house located in the neighborhood of Robertson in Springfield, Springfield.
What is the average sales price for listings in 403 Grace Street?
The average sales price for units in 403 Grace Street is $175,000 , or $138/sqft. currently.

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