4 Beds   3 Baths   Single-Family
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Sagegrass Dr
Louisville, TN 37777


This Single-Family is located at Sagegrass Dr, Louisville, TN 37777. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 4 Beds, 3 Baths.
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Status: Inactive
Listing ID: 58955512
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Learn about Sagegrass Dr in Louisville, TN

This single-family property is available as a rent to own at Sagegrass Dr. Based on our analysis of the current market conditions in Louisville for Sagegrass Dr and comparable listings, the estimated market value is $301,750. The property located at single-family has potential equity of $-141,650. If purchased for rental purposes, the monthly rental rate could range between $1,251 and $1,530. For those interested in resale, the estimated profit from selling is $-141,650. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Sagegrass Dr are updated daily along with others in Louisville, Tennessee.

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Property Information

  • Price: $549,900
  • Bedrooms: 4
  • Bathrooms: 3
  • Full Baths: 3
  • Total Square Feet: 2,400
  • Lot Size: 0.31 acres
  • Style: New Traditional
  • Fireplace: Yes
  • Heating Type: Central Furnace
  • Air Conditioning: Ceiling Fan(s)
  • Year Built: 2022
  • Comments: Listing Status: Pending
  • Source ID: 1202168
  • Day(s) On Site: 133
  • Subdivision: Farmington View
  • Property Type: Single Family Dwelling

Rent to Own

Rent to own properties are ideal for homebuyers who are on the fence and not quite ready to go "all in" on a specific real estate investment. It's basically like taking a home for a "test drive," getting to know the neighbors, local school districts and community benefits (and drawbacks) before making the all-important decision to buy.

First Steps to Buying a Rent To Own Home

This type of real estate deal entails an agreement to rent a property with the option to purchase it at a predetermined date and price. Under some structures a portion of the rent paid during the lease period can be applied to the purchase price. Also, during the lease period, the purchaser/lessee can use that time to save for a larger down payment or fix personal credit issues. As a third incentive, the purchaser/lessee can move into the property, get to know it thoroughly, get to know the neighborhood, and either complete the purchase or walk away from it, if the property turns out to not be suitable for him. For the seller, the rent to own option adds value to the sale of the property and broadens the market for potential buyers.


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Rental Value

The estimated rental value for Sagegrass Dr located in Louisville, TN is $1,390/month. Comparable homes around Sagegrass Dr that are rentals have monthly ranges starting as low as $1,251 per month and as high as $1,530 per month. An owner looking to use this property as an investment could bring a return in the area of $1,251 - $1,530 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
03/13/12 09/11/12 Tax Lien


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Sagegrass Dr
Louisville, TN 37777

4 Beds   3 Baths   Single-Family


Status: Inactive Listing ID: 58955512

Property Information

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