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555 Springhill Drive Northeast

555 Springhill Drive Northeast, Cleveland, TN 37312
House in Bradley
Sold May 04, 2020
$221,000
Sold May 07, 2009
$182,000
$178,703 by Ame Financial Corp
Mortgage Due May 07, 2039
555 Springhill Drive Northeast in Cleveland, TN was first built in 1961 and is 63 years old. Although, the building on the property was most recently renovated and altered in 1997. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 555 Springhill Drive Northeast has 2,474 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 837 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 2,290 ft and the linear feet between the front and back of the lot is 1,800. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. 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 detached garage. The garage is 1,500 sqft. There are a total of 6 available parking spaces. 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 paneling. 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 air conditioning. As for heating, the home is utilizing a forced air unit. 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, 555 Springhill Drive Northeast sold most recently in Apr 30, 2020 for a total of $221,000. If you work out the math, that's approximately a cost of $89.33 per sqft. Before that, the property was also sold for $182,000 in Jan 1, 1970. 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 $2,239 in taxes each year. 555 Springhill Drive Northeast was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $71,025. 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 $58,525. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 837
  • Garage Type: Detached
  • Garage Square Area: 1,500
  • Parking Space Count: 6

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 2,290
  • Total Building Area: 2,474
  • Gross Building Area: 2,474
  • Building Area: 2,474
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,474
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: JERNIGAN SPRINGHILL
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JERNIGAN SPRINGHILL PB: 0003 PG: 0015 LOT: 18&19 LOTS 18 &19

Ownership

  • Current Owner : FETTER MICHAEL W
  • Current Owner 2: WOLF SUZANNE
  • Previous Owner : BROOKS CYNTHIA KIMSEY
  • Owner Before Previous Owner: KARLING ALICE H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cleveland City School District
  • School Tax School District: 06138
  • Census Tract: 010202

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 042O
  • Account Number: 17620
  • District: 04
  • Section: 15
  • Parcel: 042O-C-018.00
  • Lot: 18&19
  • Municipality: CLEVELAND
  • Latitude: 35.1847
  • Longitude: -84.8482

    Address

  • Full Address: 555 Springhill Dr Ne
  • Address - House Number: 555
  • Street Segment Direction: NE
  • Address - Street Name: Springhill
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Cleveland
  • Carrier Code: C022
  • 4-Digit Zip Code: 5036
  • Zip Code: 37312

Valuation

    Tax

  • Total Area: 1,637
  • Tax Year: 2022
  • Tax Amount: $2,239
  • Tax Rate Code Area: 06A02

    Appraisal Valuation

  • Standard Deviation: 0.4798
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 4
  • Final Value: 359,712
  • High Value: 532,321
  • Low Value: 187,102

    Market Valuation

  • Market Total Value: $284,100
  • Market Land Value: $50,000
  • Market Improvement Value: $234,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $71,025
  • Assessed Land Value: $12,500
  • Assessed Improvements Value: $58,525

    Sales

  • Current Sale Contract Date: Apr 30, 2020
  • Current Sale Recording Date: May 04, 2020
  • Current Sale Transaction ID: 11758404301
  • Current Sale Price: $221,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20005824
  • Previous Sale Recording Date: May 07, 2009
  • Previous Sale Amount: $182,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TJC MORTGAGE INC
  • First Mortgage Transaction Date: May 04, 2020
  • First Mortgage Loan Amount: $209,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: AME FINANCIAL CORP
  • Previous Mortgage Transaction Date: May 22, 2009
  • Previous Mortgage Loan Amount: $178,703
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 07, 2039

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Frequently Asked Questions

What neighborhood is 555 Springhill Drive Northeast located in?
The 555 Springhill Drive Northeast is a house located in the neighborhood of Bradley in Cleveland, Cleveland.
What is the average sales price for listings in 555 Springhill Drive Northeast?
The average sales price for units in 555 Springhill Drive Northeast is $0 currently.

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