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531 Independence Way; Murfreesboro, TN Property Details

531 Independence Way, Murfreesboro, TN is a Single Family that was built in 1993. This property is currently a cash purchase and is not for sale. Our records show that 531 Independence Way has 4 bedrooms, and 3 bathrooms, and a total of 1,935 square feet. The lot size of 531 Independence Way is 14,875 square feet.

Off market
531 Independence Way Murfreesboro, TN 37129
$479,000 Listing Price
4 Beds
3 Baths
1,935 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1993
  • Purchase Price: $479,000
  • Est. Equity / %: $470,000 / 100%
  • Gross Yield: 6.687%
  • APN: 080C-H-008.00-000
  • Situs County: Rutherford
  • Length Of Ownership: 2 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Masonry
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: C+
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Rock / Gravel
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,935/SqFt
  • Lot: 14,875/SqFt
  • Garage: 1,191/SqFt
  • Living: 1,935/SqFt
  • Building: 1,935/SqFt
  • Ground: 1,670/SqFt
  • Garage Finished: 1,191/SqFt
  • Price Per Square Foot: $247.55

Legal Description

  • Description: LOT 325 RAVENWOOD SEC 7 PB 15 PG 86 85 X 175
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Rutherford County School District in Murfreesboro
  • Lat / Lon: 35.882492 / -86.39554
  • Subdivision: Ravenwood Sec 7
  • Property Class: Residential
  • County Use Code: 1000

Amenities

  • Plus Four: 6664
  • Bathroom Fixtures: 9
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Heat Pump
  • Parking: 2

Ownership Info

531 Independence Way has no associated ownership info
531 Independence Way has no associated ownership info.

Taxes

531 Independence Way has 10 associated Taxes items

531 Independence Way, Murfreesboro, TN pays taxes in Rutherford County, TN. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $110,625. The APN we've located for 531 Independence Way is 080C-H-008.00-000.

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Taxes
  • Assessed Value:  $110,625
  • Assessed Year:  2026
  • Assessed County:  Rutherford
  • APN:  080C-H-008.00-000
  • Assessed Land Value:  27500
  • Market Land Value:  110000
  • Tax Amount:  2529
  • Tax Year:  2025
  • Market Value:  442500
  • Market Year:  2026

Tax History

531 Independence Way has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $110,625 Land Value $27,500 Improvement Value $83,125 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,529 Change Rate +0.043747% Assessed CR Tax Rate
Year 2024 Assessed Value $85,650 Land Value $13,750 Improvement Value $71,900 Tax Amount $2,423 Change Rate Assessed CR Tax Rate +0.02829%
Year 2023 Assessed Value $85,650 Land Value $13,750 Improvement Value $71,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $85,650 Land Value $13,750 Improvement Value $71,900 Tax Amount $2,200 Change Rate +0.792801% Assessed CR Tax Rate +0.025686%
Year 2021 Assessed Value $58,450 Land Value $11,250 Improvement Value $47,200 Tax Amount $1,227.13 Change Rate Assessed CR Tax Rate +0.020995%
Year 2020 Assessed Value $58,450 Land Value $11,250 Improvement Value $47,200 Tax Amount $1,227.13 Change Rate +0.627493% Assessed CR Tax Rate +0.020995%
Year 2019 Assessed Value $58,450 Land Value $11,250 Improvement Value $47,200 Tax Amount $754 Change Rate +0.358559% Assessed CR Tax Rate +0.0129%
Year 2018 Assessed Value $58,450 Land Value Improvement Value Tax Amount $555 Change Rate +45.365913% Assessed CR Tax Rate +0.009495%
Year 2017 Assessed Value $44,675 Land Value Improvement Value Tax Amount $11.97 Change Rate -0.993105% Assessed CR Tax Rate +0.000268%
Year 2016 Assessed Value $44,675 Land Value Improvement Value Tax Amount $1,736 Change Rate Assessed CR Tax Rate +0.038858%
Year 2015 Assessed Value $44,675 Land Value Improvement Value Tax Amount $1,736 Change Rate +0.562556% Assessed CR Tax Rate +0.038858%
Year 2014 Assessed Value $44,675 Land Value Improvement Value Tax Amount $1,111 Change Rate Assessed CR Tax Rate +0.024868%
Year 2013 Assessed Value $42,625 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate