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414 Arabian Lane

414 Arabian Lane, Springfield, TN 37172
Property in Robertson
Sold Dec 08, 2020
$280,000
$224,000 by Mortgage Investors Group Inc
Mortgage Due Jan 01, 2051
Sold Aug 22, 2017
$154,900
$156,464 by Cmg Mortgage Inc
Mortgage Due Sep 01, 2047
414 Arabian Lane has been categorized by the local assessors in Springfield, TN as a residential type of property. The building on the property was first built in 2005 and is 19 years old. However, we must point out that the home was most recently renovated and altered in 2010. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 414 Arabian Lane has 1,456 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,005 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 7,035 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 414 Arabian Lane sold most recently in Dec 4, 2020 for a total of $280,000. If you work out the math, that's approximately a cost of $192.31 per sqft. Before that, the property was also sold for $154,900 in Aug 18, 2017. 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 $1,820 in taxes each year. 414 Arabian Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $79,875. If we break it down further, the land itself was valued at $25,000. Improvements to the property, however, were assessed at a total of $54,875. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2010
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • 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
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,035
  • Lot Size Depth Feet: 1,005
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,456
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: OAKLAND FARMS PH 3 SEC 3
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OAKLAND FARMS PH 3 SEC 3 69 95I C 095I 036.00 000

Ownership

  • Current Owner : STARR DEREK MICHAEL
  • Current Owner 2: HARPER TREY DILLON
  • Previous Owner : GILLESPIE MADALYN PAIGE
  • Previous Owner 2: BROWN KYLE CHRISTOPHER
  • Owner Before Previous Owner: PRICE MATTHEW D
  • Owner Before Previous Owner 2: PRICE GABRIELLE N
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

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

Geography

  • Assessors Map Reference: 092K
  • District: 10
  • Parcel: 074092N A 02600
  • Lot: 69
  • Municipality: SPRINGFIELD
  • Latitude: 36.4832
  • Longitude: -86.8261

    Address

  • Full Address: 414 Arabian Ln
  • Address - House Number: 414
  • Address - Street Name: Arabian
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Springfield
  • Carrier Code: R012
  • 4-Digit Zip Code: 7329
  • Zip Code: 37172

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,820
  • Tax Rate Code Area: 74A10

    Appraisal Valuation

  • Standard Deviation: 0.2098
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 362,436
  • High Value: 438,480
  • Low Value: 286,392

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $244,000
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Dec 08, 2020
  • First Open Lien Mortgage Loan Amount: $224,000
  • 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: Jan 01, 2051
  • Second Open Lien Mortgage Lender: BANK OF TENNESSEE
  • Second Open Lien Mortgage Recording Date: Nov 06, 2023
  • Second Open Lien Mortgage Loan Amount: $20,000
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 28, 2048

    Market Valuation

  • Market Total Value: $319,500
  • Market Land Value: $100,000
  • Market Improvement Value: $219,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,875
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $54,875

    Sales

  • Current Sale Contract Date: Dec 04, 2020
  • Current Sale Recording Date: Dec 08, 2020
  • Current Sale Transaction ID: 11807574901
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 373384
  • Previous Sale Recording Date: Aug 22, 2017
  • Previous Sale Contract Date: Aug 18, 2017
  • Previous Sale Amount: $154,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Dec 08, 2020
  • First Mortgage Loan Amount: $224,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CMG MORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 22, 2017
  • Previous Mortgage Loan Amount: $156,464
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2047

About Springfield



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Frequently Asked Questions

What neighborhood is 414 Arabian Lane located in?
The 414 Arabian Lane is a located in the neighborhood of Robertson in Springfield, Springfield.
What is the average sales price for listings in 414 Arabian Lane?
The average sales price for units in 414 Arabian Lane is $0 currently.

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