For SaleNeutral Deal1 days on market
188 Pine Grove Rd
188 Pine Grove Rd, Smithville, TN 37166, Smithville, TN 37166
$289,900
Listing Price
188 Pine Grove Rd, Smithville, TN 37166
Loc: Smithville, TN
Days Listed
1
Tax Assessed
$126k
Lot Size
0.66 acres
Type
multi family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Northside Elementary School
2-5
1.8 mi away
5
Dekalb Middle School
6-8
4.2 mi away
6
De Kalb County High School
9-12
4.2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storybrick exteriorgravel drivewaylarge yardrural settinggable roofsuburbanminimalisttraditionalexterior lightingcovered porch
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.69%
Total ROI
104.2%
Cash Flow
$111/mo
DSCR
1.07
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $111/mo net cash flow with a 6.7% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.7%)
- • Strong rental demand in Smithville
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $289,900 | $154 |
| 2026-06-06 | Listing removed | $1,000 | $1 |
| 2026-04-20 | Listed for rent | $1,000 | $1 |
| 2020-07-09 | Sold | $125,000 | $66 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,260.02 | $50,200 |
| 2024 | $1,260.02 | $50,200 |
| 2023 | $1,004 | $50,200 |
| 2022 | $868.86 | $50,200 |
| 2021 | $0 | $50,200 |
| 2020 | $829.01 | $39,040 |
| 2019 | $829.01 | $39,040 |
| 2018 | $715.8 | $39,040 |
| 2017 | $716 | $39,040 |
| 2016 | $716 | $39,040 |
| 2015 | $632.45 | $39,040 |
| 2014 | $678.46 | $41,880 |
| 2013 | $678.46 | $41,880 |
| 2011 | $678.46 | $41,880 |
| 2010 | $617.87 | $42,320 |
| 2009 | $617.87 | $42,320 |
| 2008 | $617.87 | $42,320 |
| 2007 | $569.84 | $33,520 |
| 2006 | $636.88 | $33,520 |
| 2005 | $506.15 | $33,520 |
| 2004 | $546.38 | $33,520 |
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