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505 McMahan Dr

Strawberry Plains, TN 37871

3 bd 2 ba 2,104 sqft Built 2003 Lot 16,988 sqft single_family
Most recent sale
$327,000
Mar 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 8, 2022 Sold $327,000 MLS #1179419
Feb 1, 2022 Listed $293,800 MLS #1179419
Dec 21, 2017 Listing removed $169,900 EastTennessee
Dec 19, 2017 Sold $160,000 Public Record
Dec 18, 2017 Listing removed $169,900 LakewayArea
Sep 18, 2017 Price changed $169,900 MLS #573029
Aug 7, 2017 Listed $174,900 MLS #1012527
Jul 28, 2017 Relisted $174,900 MLS #573029
May 3, 2017 Listing removed $174,900 LakewayArea
Apr 28, 2017 Listed $174,900 MLS #573029
Jan 29, 2013 Sold $90,000 Public Record
Jan 29, 2013 Listing removed $100,800 GreatSmokyMtns
Jan 22, 2013 Sold $90,000 GreatSmokyMtns
Dec 31, 2012 Listing removed $100,800 EastTennessee
Nov 6, 2012 Price changed $100,800 MLS #176966
Sep 21, 2012 Listed $112,000 MLS #817579
Sep 13, 2012 Listed $112,000 MLS #176966

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $28,450 $529
2019 $28,450 $529
2018 $28,450 $529
2017 $28,450 $529
2016 $28,450 $529
2015 $30,100 $566
2014 $30,100 $491
2013 $30,100 $491
2012 $30,100 $491
2011 $30,100 $491
2010 $30,025 $462
2009 $30,025 $462
2008 $30,025 $462
2007 $30,025 $462

Property facts

Year built
2003
Property type
single_family
Stories
Beds
3
Baths
2
Living area
2,104 sqft
Lot size
16,988 sqft
ZIP code
37871
City
Strawberry Plains
Street
McMahan Dr
Coordinates
36.02387, -83.63596

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,156
Gross rental yield
11.58%
Implied cap rate
7.53%
Trend-extrapolated value

Frequently asked questions

When did 505 McMahan Dr last sell?
505 McMahan Dr most recently sold on Mar 8, 2022 for $327,000.
What is the current tax assessment for 505 McMahan Dr?
The most recent total assessment for 505 McMahan Dr (year 2020) is $28,450 with $529 in property tax.
How does 505 McMahan Dr's assessment compare to its last sale price?
The current assessment is 91.3% below the last sale price of $327,000.
When was 505 McMahan Dr built?
505 McMahan Dr was built in 2003.
How does 505 McMahan Dr compare to others on McMahan Dr?
We do not currently track other properties on McMahan Dr.
What are the property facts for 505 McMahan Dr?
505 McMahan Dr is a 3 bed, 2 bath, 2,104 sqft, 16,988 sqft lot single_family.
Is 505 McMahan Dr a flip candidate?
No — 505 McMahan Dr does not appear in our flips dataset.
Is 505 McMahan Dr a tax-appeal candidate?
No — 505 McMahan 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
-2.5%
Implied 1-yr
-10.1%
2026 Q3
$867.4K
2026 Q4
$841.1K
ZIP 37871 — Median Price History + Forecast

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