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505 Old State Rd

Sparta, TN 38583

2 bd 2 ba 2,059 sqft Built 1978 Lot 43,560 sqft single_family
Most recent sale
$260,000
Jan 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 20, 2022 Sold $260,000 MLS #1169502
Oct 2, 2021 Listed $260,000 MLS #1169502
Jul 22, 2016 Sold $129,900 MLS #175648
May 26, 2016 Listed $129,900 MLS #175648
Dec 29, 2004 Sold $107,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $31,100 $487
2019 $31,100 $487
2018 $31,100 $487
2017 $29,575 $463
2016 $23,700 $362
2015 $23,700 $362
2014 $23,700 $355
2013 $23,700 $355
2012 $23,700 $355
2011 $27,675 $394
2010 $27,675 $394
2009 $27,675 $368

Property facts

Year built
1978
Property type
single_family
Stories
Beds
2
Baths
2
Living area
2,059 sqft
Lot size
43,560 sqft
ZIP code
38583
City
Sparta
Street
Old State Rd
Coordinates
35.96369, -85.24098

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,089
Gross rental yield
14.26%
Implied cap rate
9.27%
Trend-extrapolated value

Frequently asked questions

When did 505 Old State Rd last sell?
505 Old State Rd most recently sold on Jan 20, 2022 for $260,000.
What is the current tax assessment for 505 Old State Rd?
The most recent total assessment for 505 Old State Rd (year 2020) is $31,100 with $487 in property tax.
How does 505 Old State Rd's assessment compare to its last sale price?
The current assessment is 88.0% below the last sale price of $260,000.
When was 505 Old State Rd built?
505 Old State Rd was built in 1978.
How does 505 Old State Rd compare to others on Old State Rd?
We track 3 other properties on Old State Rd. Browse the list under "Other properties on Old State Rd" to compare beds, baths, and sale history.
What are the property facts for 505 Old State Rd?
505 Old State Rd is a 2 bed, 2 bath, 2,059 sqft, 43,560 sqft lot single_family.
Is 505 Old State Rd a flip candidate?
No — 505 Old State Rd does not appear in our flips dataset.
Is 505 Old State Rd a tax-appeal candidate?
No — 505 Old State Rd 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
+3.5%
Implied 1-yr
+13.9%
2026 Q3
$346.3K
2026 Q4
$356.1K
ZIP 38583 — Median Price History + Forecast

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