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Single Family ResidenceResidential
$161,742$94 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 55How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $340,000 on Nov 1, 2023

16 PRESTON LN

ELMWOOD, TN 38560
2
Baths
1,728 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
5.48 ac
Lot SizeThe size of the land the home sits on, from county records.
2004
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$162K
$89K low$234K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$340,000 · Nov 1, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,278 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$73,750 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$7,850
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$65,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$73,750
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$295,000

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.42
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
24
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
89
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
95
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
3
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.19 in
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountySmith
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.2020
Lot (acres)The size of the land the home sits on, from county records.5.48
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Footing
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Yes
CoolingThe type of cooling or air conditioning in the home.Package
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 792 ft²

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Forks River Elementary SchoolA-
Elementary · Grades PK–8 · 4.3 mi
H
Smith County High SchoolC+
High · Grades 9–12 · 5.5 mi

District: Smith County School District

Neighborhood · ZIP 38560These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.135
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.89
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.45

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.85%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.8.0%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.18%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.1,431
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.38 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$64,239
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$74,243
Average tempThe average temperature here across a full year.58°F
Annual precipHow much rain and melted snow falls here in a typical year.55 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.57%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

16 Preston Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 80% of homes in Smith County
  • Costs less per square foot than 92% of homes in Elmwood 38560
  • Bigger than 74% of homes in Elmwood 38560
  • Has a bigger lot than 72% of homes in Smith County
  • Newer than 80% of homes in Smith County

What homes are worth in Elmwood 38560

Each bar is how many homes fall in that price range. The marker is this home.

This home
$51K$725K

This home is worth more than 24% of homes in Elmwood 38560.

How it measures up in Elmwood 38560

The dot is this home. The mark in the middle is the typical home in Elmwood 38560.

Estimated value$161,742
CheaperTypical $242,638Pricier

Pricier than 24% of homes nearby

Price per ft²$94
CheaperTypical $177Pricier

Pricier than 8% of homes nearby

Living area1,728 ft²
SmallerTypical 1,429 ft²Bigger

Bigger than 74% of homes nearby

Lot size5.48 ac
SmallerTypical 4 acBigger

Bigger than 61% of homes nearby

Year built2004
OlderTypical 1992Newer

Newer than 77% of homes nearby

How 16 Preston Ln ranks against every home in each area.
MeasureThis homeElmwood 38560Smith County
Estimated valuepricier than$161,74224% of homes20% of homes
Price per ft²pricier than$948% of homes8% of homes
Living areabigger than1,728 ft²74% of homes63% of homes
Lot sizebigger than5.48 ac61% of homes72% of homes
Year builtnewer than200477% of homes80% of homes

About 16 Preston Ln

How much is 16 Preston Ln, Elmwood, TN worth?

The TopHap Estimate for 16 Preston Ln, Elmwood, TN is $161,742 as of Sep 24, 2026. The likely range is $88,988 to $234,496. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 16 Preston Ln, Elmwood, TN last sell?

16 Preston Ln, Elmwood, TN last sold on Nov 1, 2023 for $340,000, according to the county's recorded deed. TopHap holds 4 recorded sales for this parcel.

How big is 16 Preston Ln, Elmwood, TN?

16 Preston Ln, Elmwood, TN has 2 bathrooms, 1,728 square feet of living space and a 5.48-acre lot.

When was 16 Preston Ln, Elmwood, TN built?

16 Preston Ln, Elmwood, TN was built in 2004, making it 22 years old. The building has 2 stories.

What schools serve 16 Preston Ln, Elmwood, TN?

16 Preston Ln, Elmwood, TN is assigned to Forks River Elementary School (elementary), rated A-; Smith County High School (high), rated C+. All sit in Smith County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 16 Preston Ln, Elmwood, TN compare to other homes in Elmwood 38560?

Among the 611 homes in Elmwood 38560, it is worth more than 24% of them ($161,742 against a typical $242,638), its price per square foot is higher than 8% of them ($94 against a typical $177), it is bigger than 74% of them (1,728 ft² against a typical 1,429 ft²), its lot is bigger than 61% of them (5.48 ac against a typical 4 ac) and it is newer than 77% of them (2004 against a typical 1992). Measured against all of Smith County, it is worth more than 20% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 16 Preston Ln, Elmwood, TN?

The 2025 property tax bill for 16 Preston Ln, Elmwood, TN was $1,278. The county assessed it at $73,750.

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