NOT LISTED FOR SALE

2230 Bailey Morrison Dr Somerville, TN 38068

Estimated Value: $1,287,232

388.8 Acres
$3,311 Price per Acre
16,936,130 Sq Ft Lot

Last Sold July 26, 2023

Last sale price $1,331,654

Est. 3% decrease in value since last sale

Current estimated payment $6,841/month

133 Days on Market

Highlights

  • 388.8 Acre Lot
  • Livestock
  • Level Lot
  • Wooded Lot
  • Timber

About This Lot

As of July 2023

The area around the Tatum Farm is known as one of the finest recreational areas in all of Fayette Co. Most of the property is upland with numerous excellent building sites. 150 +/- ac. are in cropland and the balance in hardwood timber. The farm's meandering fields and woodlots provide a scenic setting for any outdoor activity. Significant annual row crop & hunting lease income. For investors, the farm is located in northeast Fayette Co. less than 15 miles from the Ford - Blue Oval City Project!

Last Agent to Sell the Property

Hunt Treadwell

Harvesters Land Company, LLC License #294352 Listed on: 10/18/2022

Last Buyer's Agent

Hunt Treadwell

Harvesters Land Company, LLC License #294352 Listed on: 10/18/2022

Property Details

Property Type

  • Land

Lot Details

  • 388.8 Acre Lot
  • Rural Setting
  • Level Lot
  • Hillside Location
  • Wooded Lot
  • Natural Drainage
  • Property is zoned agri

Farming

  • Timber
  • Livestock

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: Rural
  • Miscellaneous: Cultivated, Merchantable Timber, Livestock Allowed
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved, Rural

Association/Amenities

  • Amenities: Hillside
  • Uses Of Adjacent Area: Row Crops, Pasture, Farm House

Lot Info

  • Acreage: 388.8
  • Lot Size: 388.877
  • Zoning: agri
  • Lots Available: 1 Only
  • Present Usage: Row Crops
  • Shape: Regular
  • Topographic Feature: Level, Rolling, Wooded, Natural Drainage
  • Zoning Of Adjacent Area: Single Family, Agriculture, Rural

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Jul 26, 2023
Sold by
Karen F Winfrey Trust
Bought by
Fsb & Co Llc and Roth Ira William Renovich
Seller's Agent
Hunt Treadwell
Harvesters Land Company, LLC
Buyer's Agent
Hunt Treadwell
Harvesters Land Company, LLC
List Price
$1,350,293
Sold Price
$1,331,654
Premium/Discount to List
-$18,639
-1.38%
Views
27
Current Estimated Value
$1,287,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,422
Avg. Annual Appreciation
-1.39%

Purchase Details

Closed on
Jun 20, 2011
Sold by
Winfrey Karen F
Bought by
Winfrey Robert H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Fsb & Co Llc $1,191,184 None Listed On Document
Winfrey Robert H -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2023 07/26/23 Sold $1,331,654 -1.4% --
02/28/2023 02/28/23 Pending -- -- --
10/18/2022 10/18/22 For Sale $1,350,293 -- --
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
2025 $1,153 $111,300 $111,300 --
2024 $1,153 $89,275 $89,275 --
2023 $1,142 $89,275 $0 $0
2022 $1,142 $88,400 $88,400 $0
2021 $1,142 $88,400 $88,400 $0
2020 $1,135 $88,400 $88,400 $0
2019 $1,135 $75,275 $75,275 $0
2018 $1,135 $75,275 $75,275 $0
2017 $1,135 $75,275 $75,275 $0
2016 $1,228 $76,500 $76,500 $0
2015 $1,228 $76,500 $76,500 $0
2014 $1,228 $76,500 $76,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Hunt Treadwell

    Seller's Agent in 2023

    Hunt Treadwell

    Harvesters Land Company, LLC

    (901) 871-4450

    63 Total Sales

    Hunt Treadwell
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10137386

Memphis Area Association of REALTORS®

APN: 074-003.00

Tennessee Fayette County Somerville 38068

2230 Bailey Morrison Dr, Somerville, TN

Not Listed for Sale

Lots

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