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5940 Highway 431

Springfield, TN 37172

2 bd 1 ba 1,134 sqft Built 1900 Lot 13,068 sqft single_family
Most recent sale
$140,000
Jul 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 21, 2022 Sold $177,000 RealTracs
Sep 5, 2022 Price changed $165,000 MLS #2429916
Aug 19, 2022 Listed $175,000 MLS #2429916
Jul 13, 2022 Sold $140,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $12,150 $313
2019 $12,150 $413
2018 $12,150 $313
2017 $10,900 $336
2016 $10,900 $336
2015 $10,900 $336
2014 $10,900 $323
2013 $10,900 $323
2012 $10,150 $293
2011 $10,150 $293
2010 $10,150 $265
2009 $10,150 $265
2008 $10,150 $265

Property facts

Year built
1900
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,134 sqft
Lot size
13,068 sqft
ZIP code
37172
City
Springfield
Street
Highway 431
Coordinates
36.61297, -86.85620

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5940 Highway 431 last sell?
5940 Highway 431 most recently sold on Jul 13, 2022 for $140,000.
What is the current tax assessment for 5940 Highway 431?
The most recent total assessment for 5940 Highway 431 (year 2020) is $12,150 with $313 in property tax.
How does 5940 Highway 431's assessment compare to its last sale price?
The current assessment is 91.3% below the last sale price of $140,000.
When was 5940 Highway 431 built?
5940 Highway 431 was built in 1900.
How does 5940 Highway 431 compare to others on Highway 431?
We track 8 other properties on Highway 431. Browse the list under "Other properties on Highway 431" to compare beds, baths, and sale history.
What are the property facts for 5940 Highway 431?
5940 Highway 431 is a 2 bed, 1 bath, 1,134 sqft, 13,068 sqft lot single_family.
Is 5940 Highway 431 a flip candidate?
Yes — 5940 Highway 431 appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5940 Highway 431 a tax-appeal candidate?
No — 5940 Highway 431 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
+0.1%
Implied 1-yr
+0.5%
2026 Q3
$372K
2026 Q4
$372K
ZIP 37172 — Median Price History + Forecast

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