NOT LISTED FOR SALE

1039 Somerset Downs Blvd Hendersonville, TN 37075

Estimated Value: $917,000 - $1,026,317

4 Beds
7 Baths
6,369 Sq Ft
$152/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $625,000 $98 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,413/month

2 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Cooling Available
  • Beech Elementary School Rated A-
  • 3 Car Attached Garage
  • Central Heating

About This Home

As of September 2020

Sale price due to no commissions paid for buyer agent side.

Last Agent to Sell the Property

Mike Richardson

Inspired Homes License # 257652 Listed on: 08/03/2020

Last Buyer's Agent

Mike Richardson

Inspired Homes License # 257652 Listed on: 08/03/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,615

Year Built

  • Built in 2006

Lot Details

  • 0.36 Acre Lot
  • Irrigation

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Basement Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Central Vacuum
  • 2 Fireplaces
  • Finished Basement

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Schools

  • Beech Elementary School
  • Hunter Middle School
  • Beech Sr High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Somerset Downs Ph 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 083123J D 04300 00007123J

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,615

Year Built

Built in 2006

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2006
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Central Vacuum
  • Appliances: Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 5439
  • Below Grade Sq Ft: 930
  • Building Area Units: Square Feet
  • Living Area: 6369
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Irrigation System
  • Construction Type: Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Basement
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 500
  • Association #2 Fee Frequency: One Time
  • Association Fee Frequency: Annually
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Lot Size Acres: 0.36
  • Lot Size: 100.49 X 161.24 IRR
  • Lot Size Units: Acres
  • Parcel #: 083123J D 04300 00007123J
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3615

MLS Schools

  • Elementary School: Beech Elementary
  • High School: Beech Sr High School
  • Middle Or Junior School: Hunter Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Sep 30, 2020
Sold by
Richardson Michael and Richardson Deborah
Bought by
Patel Bhulabhai and Patel Manjulabon
Seller's Agent
Mike Richardson
Inspired Homes
Buyer's Agent
Mike Richardson
Inspired Homes
List Price
$649,000
Sold Price
$625,000
Premium/Discount to List
-$24,000
-3.7%
Current Estimated Value
$967,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,329
Avg. Annual Appreciation
8.98%
Original Mortgage
$500,000
Outstanding Balance
$444,723
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$522,606

Purchase Details

Listed on
Nov 11, 2013
Closed on
Dec 27, 2013
Sold by
Peterson Bradley C and Peterson Vernell L
Bought by
Richardson Michael and Richardson Deborah
Seller's Agent
Lance Simpson
eXp Realty
Buyer's Agent
Mike Richardson
Inspired Homes
List Price
$1,750
Sold Price
$545,000
Premium/Discount to List
$543,250
31042.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.05%
Original Mortgage
$245,000
Interest Rate
4.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 14, 2011
Sold by
Krantz Thomas L and Krantz Linda Gail
Bought by
Peterson Bradley C and Peterson Vernell L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2010
Sold by
Middleton Jason F
Bought by
Krantz Thomas L and Krantz Linda Gail

Purchase Details

Closed on
May 5, 2010
Sold by
Middleton April
Bought by
Middleton Jason F

Purchase Details

Closed on
Feb 28, 2007
Sold by
Stone Village Properties Llc
Bought by
Middleton Jason F and Middleton April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 1, 2006
Sold by
Eatherly J D
Bought by
Stone Village Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
6.44%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patel Bhulabhai $625,000 Highland Title Llc
Richardson Michael $545,000 Bell Title Llc
Peterson Bradley C $555,000 Warranty Title Ins Co
Krantz Thomas L $455,000 Hallmark Title Company
Middleton Jason F -- Hallmark Title Company
Middleton Jason F $630,000 Statewide Title & Escrow Llc
Stone Village Properties Llc $85,000 Trustland Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Bhulabhai $500,000
Previous Owner Richardson Michael $245,000
Previous Owner Peterson Bradley C $417,000
Previous Owner Middleton Jason F $504,000
Previous Owner Stone Village Properties Llc $472,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2020 09/30/20 Sold $625,000 -3.7% $98 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $649,000 +36985.7% $102 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $1,750 -99.7% $0 / Sq Ft
12/30/2013 12/30/13 Sold $545,000 -- $94 / Sq Ft View Prior Sale
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,380 $237,850 $37,500 $200,350
2023 $3,599 $159,800 $24,750 $135,050
2022 $3,615 $159,800 $24,750 $135,050
2021 $3,615 $159,800 $24,750 $135,050
2020 $3,615 $159,800 $24,750 $135,050
2019 $3,615 $0 $0 $0
2018 $3,416 $0 $0 $0
2017 $3,416 $0 $0 $0
2016 $3,416 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2162874

Realtracs

APN: 123J-D-043.00