NOT LISTED FOR SALE

1660 Railroad Dr Somerville, TN 38068

Estimated Value: $269,000 - $320,000

3 Beds
1 Bath
1,200-1,399 Sq Ft
$209/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $260,000 $186 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,614/month

10 Days on Market

Highlights

  • Barn or Stable
  • Wood Flooring
  • Circular Driveway
  • Traditional Architecture
  • Separate Formal Living Room
  • Separate Outdoor Workshop

About This Home

As of March 2022

Nice Country Setting Located in Northeast Fayette County. Great for beginner home buyers or retirement home that includes 3 BR, 1 BA with 3.64 Acres., 6 Stall Horse Barn and a 36x20 Shop.

Last Agent to Sell the Property

Bailey Ferge

Ferge Auction & Realty, LLC License #296165 Listed on: 02/11/2022

Last Buyer's Agent

Virginia Sutherland

Crye-Leike of MS License #312379

Crye-Leike of MS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $300

Year Built

  • Built in 1945

Lot Details

  • 3.62 Acre Lot
  • Few Trees

Parking

  • Circular Driveway

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,302 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Gas Fireplace
  • Separate Formal Living Room
  • Dining Room
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Separate Outdoor Workshop
  • Barn or Stable

Listing and Financial Details

  • Assessor Parcel Number 052 052 01302

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$300

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 654A
  • List Price Per Sq Ft: 184
  • Number Of Stories: 1
  • Price Per Sq Ft: 199.69
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1302
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace
  • Floors/Ceilings: Part Hardwood
  • Full Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Total Bathrooms: 1
  • P R I M A R Y B E D R O O M: Level 1, Smooth Ceiling

Exterior Features

  • Misc Exterior: Barn/Stable, Workshop
  • Exterior Windows: Vinyl Siding
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Circular Drive

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Some Trees
  • Acreage: 3.62
  • Lot Size: 3.62
  • Price Per Acre: 66160

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 052 052 01302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 25, 2022
Sold by
Tines Charlie T and Tines Patricia A
Bought by
Zamber Amy R
Seller's Agent
Bailey Ferge
Ferge Auction & Realty, LLC
Buyer's Agent
Virginia Sutherland
Crye-Leike of MS
List Price
$239,500
Sold Price
$260,000
Premium/Discount to List
$20,500
8.56%
Current Estimated Value
$292,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,303
Avg. Annual Appreciation
3.45%
Original Mortgage
$160,000
Outstanding Balance
$131,555
Interest Rate
3.63%
Mortgage Type
Balloon
Estimated Equity
$160,748

Purchase Details

Closed on
Jun 17, 1997
Sold by
Coleman William C
Bought by
Tines Charlie T

Purchase Details

Closed on
Oct 24, 1995
Bought by
Coleman William C and Coleman Vivian M

Purchase Details

Closed on
Nov 19, 1990
Bought by
Parker Robert Boyd
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
Zamber Amy R $260,000 New Title Company Name
Tines Charlie T $89,000 --
Coleman William C $73,000 --
Parker Robert Boyd $48,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zamber Amy R $160,000
Previous Owner Needham Joshua $216,500
Previous Owner Tines Charlie T $80,500
Previous Owner Tines Charlie T $82,000
Previous Owner Tines Charlie T $68,000
Previous Owner Tines Charles T $45,000
Previous Owner Tines Charlie $33,000
Previous Owner Tines Charlie T $80,000
Previous Owner Tines Charlie $27,000
Previous Owner Tines Patricia A $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $260,000 +8.6% $217 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $239,500 -- $200 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $300 $23,225 $7,050 $16,175
2023 $300 $23,225 $0 $0
2022 $298 $23,075 $6,900 $16,175
2021 $298 $23,075 $6,900 $16,175
2020 $323 $23,075 $6,900 $16,175
2019 $323 $21,400 $6,900 $14,500
2018 $323 $21,400 $6,900 $14,500
2017 $323 $21,400 $6,900 $14,500
2016 $339 $21,100 $6,900 $14,200
2015 $339 $21,100 $6,900 $14,200
2014 $339 $21,100 $6,900 $14,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10117369

Memphis Area Association of REALTORS®

APN: 052-013.02