$109,500
SOLD AUG 7, 2024

206 Lake Dr Somerville, TN 38068

4 Beds
1.5 Baths
1,400-1,599 Sq Ft
1 Acres

Recently Sold

$68 Per Sq Ft

9% Below List Price

155 Days on Market

Highlights

  • Traditional Architecture
  • Den
  • Porch
  • Great Room
  • Some Wood Windows
  • Eat-In Kitchen

About This Home

As of June 2025

Back on Market, Appraisal Complete, listed below appraised value. "Timeless charm meets spacious living in this meticulously maintained 50-year-old residence boasting four bedrooms, two baths, and over 1500 (MAAR ) square feet of comfortable, inviting space. Embrace the essence of rural living in this well-loved home, where every corner tells a story of warmth and family memories.” Sold as is, No Fha or Va or USDA. Seller closing with Closetrak Arlington

Last Agent to Sell the Property

Marceline Williams

LPT Realty, LLC License #309240 Listed on: 02/18/2024

LPT Realty, LLC

Co-Listed By

Brandy Winbush-Florence

Keller Williams License #371073

Last Buyer's Agent

Crystal Mitchell

Renshaw Company, REALTORS License #346815

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $196

Year Built

  • Built in 1973

Lot Details

  • Wood Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,579 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Some Wood Windows
  • Great Room
  • Dining Room
  • Den
  • Wall to Wall Carpet

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Monitored
  • Storm Doors
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 1 Parking Space
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090B 090B A05300

Home Details

Home Type

Single Family

Est. Annual Taxes

$196

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 653A
  • MAAR Subdivision Name: MEADOWS
  • Number Of Stories: 2
  • Price Per Sq Ft: 69.35
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1579
  • Termite Contract: Yes
  • Year Built: 1973
  • List Price/ Sq Ft: 69
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, 1 Bath, Laundry Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 2, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedroom 4 Description: Level 2, Carpet
  • Bedrooms: 4
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Dishwasher
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Washer/Dryer Connections
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1.1
  • P R I M A R Y B E D R O O M: Level 2, Carpet

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Gas
  • Security: Monitored Alarm System, Smoke Detector(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Wood Fenced
  • Lot Number: 20
  • Lot Size: 100X117.0 IRR
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 090B 090B A05300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2025
Closed on
Jun 6, 2025
Sold by
Relentless Holdings Llc
Bought by
Talley Bryan P
Seller's Agent
Crystal Mitchell
Renshaw Company, REALTORS
Buyer's Agent
Mark Wilson
Coldwell Banker Collins-Maury
List Price
$198,000
Sold Price
$180,000
Premium/Discount to List
-$18,000
-9.09%
Views
109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.82%
Original Mortgage
$176,739
Outstanding Balance
$176,739
Interest Rate
6.76%
Mortgage Type
FHA
Estimated Equity
$10,557

Purchase Details

Listed on
Feb 18, 2024
Closed on
Aug 6, 2024
Sold by
Dortch Margaret W
Bought by
Relentless-Holdings Llc
Seller's Agent
Marceline Williams
LPT Realty, LLC
Buyer's Agent
Crystal Mitchell
Renshaw Company, REALTORS
List Price
$120,000
Sold Price
$109,500
Premium/Discount to List
-$10,500
-8.75%
Views
360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
82.00%
Original Mortgage
$162,650
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 1990
Bought by
Dortch Margaret W

Purchase Details

Closed on
Jan 1, 1987
Bought by
Jamerson John K and Jamerson Regina

Purchase Details

Closed on
Jan 23, 1986

Purchase Details

Closed on
Oct 23, 1976

Purchase Details

Closed on
Jan 1, 1976
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 Type Sale Price Title Company
Warranty Deed $180,000 Integra Title & Escrow
Warranty Deed $109,500 None Listed On Document
Warranty Deed $53,500 --
Warranty Deed $42,500 --
Deed -- --
Deed -- --
Warranty Deed $24,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $176,739 FHA
Previous Owner $162,650 New Conventional
Previous Owner $73,514 FHA
Previous Owner $64,950 No Value Available
Previous Owner $14,247 No Value Available
Previous Owner $70,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Sold $180,000 -5.2% $129 / Sq Ft
04/05/2025 04/05/25 Pending -- -- --
03/31/2025 03/31/25 Price Changed $189,900 0.0% $136 / Sq Ft
03/27/2025 03/27/25 Rented $1,395 0.0% --
03/11/2025 03/11/25 Price Changed $1,395 0.0% $1 / Sq Ft
02/25/2025 02/25/25 For Sale $198,000 0.0% $141 / Sq Ft
01/29/2025 01/29/25 Price Changed $1,495 -6.3% $1 / Sq Ft
12/30/2024 12/30/24 For Rent $1,595 0.0% --
08/07/2024 08/07/24 Sold $109,500 0.0% $78 / Sq Ft
08/07/2024 08/07/24 Price Changed $109,500 -6.4% $78 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
06/15/2024 06/15/24 Price Changed $117,000 -2.5% $84 / Sq Ft
02/18/2024 02/18/24 For Sale $120,000 -- $86 / 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 $196 $16,600 $3,550 $13,050
2023 $428 $16,600 $0 $0
2022 $312 $16,600 $3,550 $13,050
2021 $312 $16,600 $3,550 $13,050
2020 $331 $16,600 $3,550 $13,050
2019 $331 $15,150 $3,225 $11,925
2018 $331 $15,150 $3,225 $11,925
2017 $331 $15,150 $3,225 $11,925
2016 $345 $14,875 $3,225 $11,650
2015 $345 $14,875 $3,225 $11,650
2014 $345 $14,875 $3,225 $11,650
Source: Public Records

Agents Affiliated with this Home

  • Crystal Mitchell

    Seller's Agent in 2025

    Crystal Mitchell

    Renshaw Company, REALTORS

    (901) 864-2650

    2 in this area

    196 Total Sales

    Crystal Mitchell
    Section Image

  • D

    Seller's Agent in 2025

    Debbie Tolbert

    Crestcore Realty, LLC

    (901) 647-9199

    Debbie Tolbert
    Section Image

  • M

    Buyer's Agent in 2025

    Mark Wilson

    Coldwell Banker Collins-Maury

    (901) 753-0700

    1 in this area

    56 Total Sales

    Mark Wilson
    Section Image
  • Marceline Williams

    Seller's Agent in 2024

    Marceline Williams

    LPT Realty, LLC

    (901) 212-4141

    2 in this area

    81 Total Sales

    Marceline Williams
    Section Image
  • Brandy Winbush-Florence

    Seller Co-Listing Agent in 2024

    Brandy Winbush-Florence

    Keller Williams

    (901) 506-7994

    1 in this area

    2 Total Sales

    Brandy Winbush-Florence
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10166219

Memphis Area Association of REALTORS®

APN: 090B-A-053.00

Tennessee Fayette County Somerville 38068

206 Lake Dr, Somerville, TN

This home is located at 206 Lake Dr, Somerville, TN 38068 and is currently priced at $109,500, approximately $68 per square foot. This property was built in 1973. 206 Lake Dr is a home located in Fayette County with nearby schools including Buckley-Carpenter Elementary School, East Junior High School, and Fayette Ware Comprehensive High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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