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240 Gordon Dr

Spring City, TN 37381

3 bd 2 ba 1,498 sqft Built 1971 Lot 87,120 sqft single_family
Most recent sale
$408,000
Feb 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 28, 2025 Sold $625,000 UpperCumberlandAoR
Feb 28, 2022 Sold $408,000 MLS #1179340
Jan 31, 2022 Listed $415,000 MLS #1179340
Oct 19, 2018 Sold $247,500 MLS #1052591
Aug 13, 2018 Listed $247,500 MLS #1052591
Oct 3, 2013 Listing removed $228,900 Chattanooga
Sep 14, 2013 Listing removed $228,900 RiverCounties
Sep 4, 2013 Listing removed $228,900 EastTennessee
Aug 5, 2013 Price changed $228,900 MLS #836298
May 24, 2013 Listed $234,900 MLS #1195589
Mar 16, 2013 Listed $234,900 MLS #20131325
Mar 15, 2013 Listed $234,900 MLS #836298
Aug 24, 1999 Sold $115,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $145,000 $1,955
2024 $145,000 $1,222
2023 $61,650 $1,390
2022 $61,650 $1,390
2021 $56,250 $1,268
2020 $56,250 $1,268
2019 $56,250 $1,268
2018 $44,450 $976
2017 $44,450 $976
2016 $44,525 $978
2015 $44,525 $934
2014 $48,175 $1,010
2013 $50,250 $879
2012 $50,250 $879
2011 $50,250 $879
2010 $50,250 $879
2009 $50,250 $804
2008 $34,150 $683
2007 $34,150 $683

Property facts

Year built
1971
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,498 sqft
Lot size
87,120 sqft
ZIP code
37381
City
Spring City
Street
Gordon Dr
Coordinates
35.73122, -84.75530

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,247
Gross rental yield
6.61%
Implied cap rate
4.30%
Trend-extrapolated value

Frequently asked questions

When did 240 Gordon Dr last sell?
240 Gordon Dr most recently sold on Feb 28, 2022 for $408,000.
What is the current tax assessment for 240 Gordon Dr?
The most recent total assessment for 240 Gordon Dr (year 2025) is $145,000 with $1,955 in property tax.
How does 240 Gordon Dr's assessment compare to its last sale price?
The current assessment is 64.5% below the last sale price of $408,000.
When was 240 Gordon Dr built?
240 Gordon Dr was built in 1971.
How does 240 Gordon Dr compare to others on Gordon Dr?
We track 1 other property on Gordon Dr. Browse the list under "Other properties on Gordon Dr" to compare beds, baths, and sale history.
What are the property facts for 240 Gordon Dr?
240 Gordon Dr is a 3 bed, 2 bath, 1,498 sqft, 87,120 sqft lot single_family.
Is 240 Gordon Dr a flip candidate?
No — 240 Gordon Dr does not appear in our flips dataset.
Is 240 Gordon Dr a tax-appeal candidate?
No — 240 Gordon Dr 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
+3.6%
Implied 1-yr
+14.2%
2026 Q3
$404.4K
2026 Q4
$416.1K
ZIP 37381 — Median Price History + Forecast

Explore nearby

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