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494 Thomas St

Sparta, TN 38583

3 bd 1 ba 1,008 sqft Built 1972 Lot 107,593 sqft single_family
Most recent sale
$242,500
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $242,500 MLS #210435
May 6, 2022 Listed $239,931 MLS #210435
Aug 3, 2021 Sold $95,000 Public Record
Jan 5, 2021 Sold $95,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $24,575 $504
2019 $16,650 $341
2018 $16,650 $341
2017 $16,650 $341
2016 $16,650 $341
2015 $16,650 $341
2014 $16,950 $314
2013 $16,950 $314
2012 $16,950 $314
2011 $16,950 $314
2010 $16,950 $314
2009 $16,550 $329
2008 $16,550 $329
2007 $16,550 $329

Property facts

Year built
1972
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,008 sqft
Lot size
107,593 sqft
ZIP code
38583
City
Sparta
Street
Thomas St
Coordinates
35.87165, -85.49426

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,512
Gross rental yield
7.48%
Implied cap rate
4.86%
Trend-extrapolated value

Frequently asked questions

When did 494 Thomas St last sell?
494 Thomas St most recently sold on Jun 1, 2022 for $242,500.
What is the current tax assessment for 494 Thomas St?
The most recent total assessment for 494 Thomas St (year 2020) is $24,575 with $504 in property tax.
How does 494 Thomas St's assessment compare to its last sale price?
The current assessment is 89.9% below the last sale price of $242,500.
When was 494 Thomas St built?
494 Thomas St was built in 1972.
How does 494 Thomas St compare to others on Thomas St?
We track 4 other properties on Thomas St. Browse the list under "Other properties on Thomas St" to compare beds, baths, and sale history.
What are the property facts for 494 Thomas St?
494 Thomas St is a 3 bed, 1 bath, 1,008 sqft, 107,593 sqft lot single_family.
Is 494 Thomas St a flip candidate?
Yes — 494 Thomas St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 494 Thomas St a tax-appeal candidate?
No — 494 Thomas St 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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