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408 Palamino Lane

408 Palamino Lane, Springfield, TN 37172
House in Robertson
Sold Jul 27, 2021
$264,000
$259,218 by F & M Bank
Mortgage Due Aug 01, 2051
Sold Jan 03, 2020
$185,000
$181,649 by Cmg Mortgage Inc
Mortgage Due Jan 01, 2050
408 Palamino Lane in Springfield, TN was first built in 2007 and is 17 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 408 Palamino Lane has 1,254 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 linear feet across the front of the lot is 970 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 12,125 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. 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 unknown. 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 Jul 23, 2021 for $264,000. That's $210.53 per sqft. Prior to that sales transaction, the property was also sold in Dec 31, 2019 for $185,000. 408 Palamino Lane was last assessed in 2023. The total value of the property was assessed at $63,125. Specifically, the land the property is located on was valued at $25,000. While improvements on the property were assessed at a total of $38,125. 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 $1,355. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • 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
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Type: Attached
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 970
  • Total Building Area: 1,254
  • Building Area: 1,254
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,254
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SADDLE BROOKE PH 1 SEC 3
  • Land Acres: 0.278
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SADDLE BROOKE PH 1 SEC 3 146

Ownership

  • Current Owner : GILLESPIE BRENDA NICOLE
  • Previous Owner : CARTER MASON
  • Previous Owner 2: CARTER MORGAN
  • Owner Before Previous Owner: CHAMBLISS JOSHUA T
  • Owner Before Previous Owner 2: CHAMBLISS KATELYN E GARVEY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Robertson County School District
  • School Tax School District: 74702
  • Census Tract: 080500

Geography

  • Assessors Map Reference: 092N
  • District: 10
  • Parcel: 074092N B 02100
  • Lot: 146
  • Municipality: SPRINGFIELD
  • Latitude: 36.4823
  • Longitude: -86.8221

    Address

  • Full Address: 408 Palamino Ln
  • Address - House Number: 408
  • Address - Street Name: Palamino
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Springfield
  • Carrier Code: R012
  • 4-Digit Zip Code: 7382
  • Zip Code: 37172

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,355
  • Tax Rate Code Area: 74A10

    Appraisal Valuation

  • Standard Deviation: 0.2086
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 300,763
  • High Value: 363,528
  • Low Value: 237,999

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $259,218
  • First Open Lien Mortgage Lender: F & M BANK
  • First Open Lien Mortgage Recording Date: Jul 27, 2021
  • First Open Lien Mortgage Loan Amount: $259,218
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $252,500
  • Market Land Value: $100,000
  • Market Improvement Value: $152,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,125
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $38,125

    Sales

  • Current Sale Contract Date: Jul 23, 2021
  • Current Sale Recording Date: Jul 27, 2021
  • Current Sale Transaction ID: 11845915571
  • Current Sale Price: $264,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 386030
  • Previous Sale Recording Date: Jan 03, 2020
  • Previous Sale Contract Date: Dec 31, 2019
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: F & M BANK
  • First Mortgage Transaction Date: Jul 27, 2021
  • First Mortgage Loan Amount: $259,218
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CMG MORTGAGE INC
  • Previous Mortgage Transaction Date: Jan 03, 2020
  • Previous Mortgage Loan Amount: $181,649
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2050

About Springfield



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Frequently Asked Questions

What neighborhood is 408 Palamino Lane located in?
The 408 Palamino Lane is a house located in the neighborhood of Robertson in Springfield, Springfield.
What is the average sales price for listings in 408 Palamino Lane?
The average sales price for units in 408 Palamino Lane is $0 currently.

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