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2523 Phillip Ln

Russellville, TN 37860

3 bd 2 ba 1,392 sqft Built 1996 Lot 28,750 sqft single_family
Most recent sale
$240,000
Dec 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 22, 2023 Sold $340,000 EastTennessee
Dec 30, 2021 Sold $240,000 MLS #1174341
Nov 22, 2021 Listed $270,000 MLS #1174341
Nov 30, 2001 Sold $113,500 Public Record
Oct 31, 1996 Sold $90,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $39,500 $778
2019 $33,425 $712
2018 $33,425 $712
2017 $33,425 $712
2016 $33,425 $665
2015 $33,425 $665
2014 $33,150 $613
2013 $33,150 $613
2012 $33,150 $613
2011 $33,150 $613
2010 $33,150 $613
2009 $27,775 $611
2008 $27,775 $611

Property facts

Year built
1996
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,392 sqft
Lot size
28,750 sqft
ZIP code
37860
City
Russellville
Street
Phillip Ln
Coordinates
36.27166, -83.21544

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,088
Gross rental yield
10.44%
Implied cap rate
6.79%
Trend-extrapolated value

Frequently asked questions

When did 2523 Phillip Ln last sell?
2523 Phillip Ln most recently sold on Dec 30, 2021 for $240,000.
What is the current tax assessment for 2523 Phillip Ln?
The most recent total assessment for 2523 Phillip Ln (year 2020) is $39,500 with $778 in property tax.
How does 2523 Phillip Ln's assessment compare to its last sale price?
The current assessment is 83.5% below the last sale price of $240,000.
When was 2523 Phillip Ln built?
2523 Phillip Ln was built in 1996.
How does 2523 Phillip Ln compare to others on Phillip Ln?
We track 5 other properties on Phillip Ln. Browse the list under "Other properties on Phillip Ln" to compare beds, baths, and sale history.
What are the property facts for 2523 Phillip Ln?
2523 Phillip Ln is a 3 bed, 2 bath, 1,392 sqft, 28,750 sqft lot single_family.
Is 2523 Phillip Ln a flip candidate?
Yes — 2523 Phillip Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2523 Phillip Ln a tax-appeal candidate?
No — 2523 Phillip Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.7%
Implied 1-yr
-10.9%
2026 Q3
$175.5K
2026 Q4
$169.7K
ZIP 37860 — Median Price History + Forecast

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