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Lifestyle & Human Interest

Mobile Home Sells for $1.5 Million After Buyers Discover There's More to It Than Meets the Eye

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Anyone living in an area that’s seen a lot of population growth lately knows that house prices are surging, sometimes to unbelievable heights.

While that’s great news for homeowners looking to sell at a profit and go live somewhere less expensive, it’s worrisome for many who are slowly being pushed out.

One case is so remarkable that it’s grabbed the attention of the news: A modest mobile home in Nashville, Tennessee, whose price appeared to rise nearly $1 million over 14 years.

The structure at 1111 Spurgeon Avenue is not much to look at from the outside. In total, the living area is 528 sq ft, and in 2007, it sold for $135,000.

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According to Zillow, it sold in July of this year for a cool $1.1 million, and then in September, it went for $1.5 million.

The price has many bewildered, including Caris Porter, a local who rents in the Cumberland Heights Community across from the surprisingly pricey mobile home.

“That’s absolutely insane,” she said, according to WKRN-TV.

There is a reason for the exorbitant jump, though, that some have sussed out: Apparently, the original listing of the understated home described it as sitting on just shy of a quarter acre, but it’s actually one of four parcels that total around 1.5 acres.

Recently, a group known as 1110 Baptist Partners bought about 1.23 acres of the overall property, and that’s what the staggering price tag actually seems to have covered. That makes more sense, as Ryan Turbeville of the Ashton Real Estate Group pointed out, since it could be developed.

“Odds are that the listing, or whatever web service pulled that data, only looked at that one parcel but gave the total price,” Turbeville said. “With that amount of acreage, they could build 40-50 townhomes and either sell them or rent them out as short-term rentals.

“With mixed-use zoning, there are many different ways they could approach redeveloping this property, and it’s possible they don’t know what that plan is yet. Sometimes developers will buy a property, keep the existing tenant and keep generating revenue for a short period of time while they develop their larger plan for the property.”

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“With the River North development finally starting up and Oracle announcing itself as the major anchor tenant, all the neighborhoods surrounding that are going to develop. How long that takes is anyone’s guess — probably five to 10 years before it spreads out.

Of course, if they go the development route, Porter is worried she’ll have to make some changes, too.

“I don’t know where I’m going to go after, if they — if they do that,” she said. “This is all I can afford right now.”

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Amanda holds an MA in Rhetoric and TESOL from Cal Poly Pomona. After teaching composition and logic for several years, she's strayed into writing full-time and especially enjoys animal-related topics.
As of January 2019, Amanda has written over 1,000 stories for The Western Journal but doesn't really know how. Graduating from California State Polytechnic University with a MA in Rhetoric/Composition and TESOL, she wrote her thesis about metacognitive development and the skill transfer between reading and writing in freshman students.
She has a slew of interests that keep her busy, including trying out new recipes, enjoying nature, discussing ridiculous topics, reading, drawing, people watching, developing curriculum, and writing bios. Sometimes she has red hair, sometimes she has brown hair, sometimes she's had teal hair.
With a book on productive communication strategies in the works, Amanda is also writing and illustrating some children's books with her husband, Edward.
Austin, Texas
Languages Spoken
English und ein bißchen Deutsch
Topics of Expertise
Faith, Animals, Cooking