507 Farmway Dr
Cleveland, TN 37323
3 bd 2 ba 2,200 sqft Built 2007 Lot 33,977 sqft single_family
Most recent sale
$297,000
Feb 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 27, 2023 | Sold | $336,500 | RealTracs |
| Feb 8, 2022 | Sold | $297,000 | Public Record |
| Feb 3, 2022 | Sold | $297,000 | MLS #20217076 |
| Dec 15, 2021 | Listed | $285,000 | MLS #20217076 |
| Jun 27, 2017 | Sold | $178,000 | MLS #20172258 |
| Apr 25, 2017 | Listed | $179,900 | MLS #20172258 |
| Feb 2, 2007 | Sold | $150,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $69,875 | $7,500 | $77,375 | $937 |
| 2024 | $69,875 | $7,500 | $77,375 | $981 |
| 2022 | $49,200 | $6,000 | $55,200 | $981 |
| 2021 | $44,275 | $6,000 | $50,275 | $894 |
| 2020 | $33,750 | $5,075 | $38,825 | $863 |
| 2019 | $33,750 | $5,075 | $38,825 | $863 |
| 2018 | $33,750 | $5,075 | $38,825 | $821 |
| 2017 | $33,750 | $5,075 | $38,825 | $979 |
| 2016 | $32,875 | $4,050 | $36,925 | $854 |
| 2015 | — | — | $36,925 | $847 |
| 2014 | — | — | $36,800 | $999 |
| 2013 | — | — | $36,800 | $926 |
| 2012 | — | — | $38,925 | $829 |
| 2011 | — | — | $38,925 | $829 |
| 2010 | — | — | $38,925 | $829 |
| 2009 | — | — | $38,925 | $829 |
| 2008 | — | — | $33,300 | $803 |
Property facts
Year built
2007
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,200 sqft
Lot size
33,977 sqft
ZIP code
37323
City
Cleveland
Street
Farmway Dr
Coordinates
35.08865, -84.89433
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,300
Gross rental yield
13.33%
Implied cap rate
8.67%
Trend-extrapolated value
—
Frequently asked questions
When did 507 Farmway Dr last sell?
507 Farmway Dr most recently sold on Feb 8, 2022 for $297,000.
What is the current tax assessment for 507 Farmway Dr?
The most recent total assessment for 507 Farmway Dr (year 2025) is $77,375 with $937 in property tax.
How does 507 Farmway Dr's assessment compare to its last sale price?
The current assessment is 73.9% below the last sale price of $297,000.
When was 507 Farmway Dr built?
507 Farmway Dr was built in 2007.
How does 507 Farmway Dr compare to others on Farmway Dr?
We track 8 other properties on Farmway Dr. Browse the list under "Other properties on Farmway Dr" to compare beds, baths, and sale history.
What are the property facts for 507 Farmway Dr?
507 Farmway Dr is a 3 bed, 2 bath, 2,200 sqft, 33,977 sqft lot single_family.
Is 507 Farmway Dr a flip candidate?
No — 507 Farmway Dr does not appear in our flips dataset.
Is 507 Farmway Dr a tax-appeal candidate?
No — 507 Farmway Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.1%
Implied 1-yr
+4.4%
2026 Q3
$348.5K
2026 Q4
$352K
ZIP 37323 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Farmway Dr