727 South Main Street

727 South Main Street in Springfield, TN was first built in 1907 and is 117 years old. Although, the building on the property was most recently renovated and altered in 1990. This has been categorized as a commercial property type. It is a single story home. There is a 1 partial bathroom. 727 South Main Street has 1,980 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 200 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 2,400 square feet.

Learn more about the property and building on this page. The home has a flat 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. The exterior walls of the home are made of concrete block. 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 heating system. The property was last sold in Jan 31, 2018 for $230,000. That's $111.87 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $23,500. 727 South Main Street was last assessed in 2023. The total value of the property was assessed at $56,720. Specifically, the land the property is located on was valued at $14,880. While improvements on the property were assessed at a total of $41,840. 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 $1,099. 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.