240 Meadowland Ln Somerville, TN 38068
4
Beds
2
Baths
1,800-1,999
Sq Ft
1
Acres
Highlights
- Updated Kitchen
- Wood Flooring
- Eat-In Kitchen
- Traditional Architecture
- Some Wood Windows
- Double Vanity
About This Home
As of December 2024This home is JUST LIKE NEW! If you are looking for peace and quiet, look no further than this newly built 4 bed 2 bath in the heart of Somerville. From the gorgeous flooring to the beautiful kitchen, this open concept ONE STORY home is just adorable. Low maintenance living is what you will find! Grab a cup of coffee, sit outside and watch the deer in the early morning of at dusk, truly a tranquil setting. You will love the slower paced life in town, yet close enough to the city for all your needs. Ask me about the special financing offered by Travis Chapman and Local Mortgage!
Last Agent to Sell the Property
Crye-Leike, Inc., REALTORS License #332777 Listed on: 06/14/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,472
Year Built
- Built in 2023
HOA Fees
- $29 Monthly HOA Fees
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,800-1,999 Sq Ft Home
- 1,926 Sq Ft Home
- 1-Story Property
- Fireplace Features Blower Fan
- Some Wood Windows
- Combination Dining and Living Room
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Kitchen Island
Flooring
- Wood
- Partially Carpeted
- Tile
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
- Double Vanity
Parking
- 2 Car Garage
- Front Facing Garage
- Driveway
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Additional Features
- Patio
- Level Lot
Community Details
- The Meadows Subdivision
- Mandatory home owners association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 14, 2024
Closed on
Dec 19, 2024
Sold by
Martha M Gillespie Living Trust and Gillespie Martha M
Bought by
Threet Gabriel
Seller's Agent
Dana Whitworth
Crye-Leike, Inc., REALTORS
Buyer's Agent
Leanna Potter
BHHS McLemore & Co. Realty
List Price
$325,000
Sold Price
$317,000
Premium/Discount to List
-$8,000
-2.46%
Views
181
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,359
Avg. Annual Appreciation
7.28%
Original Mortgage
$307,490
Outstanding Balance
$305,620
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$25,739
Purchase Details
Closed on
Aug 16, 2013
Sold by
D R Horton Inc
Bought by
Martha M Gillespie Living Trust and Gillespie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.42%
Mortgage Type
New Conventional
Similar Homes in Somerville, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $317,000 | Closetrak | |
| Special Warranty Deed | $300,000 | Ark Title Group |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $307,490 | New Conventional | |
| Previous Owner | $160,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/19/2024 12/19/24 | Sold | $317,000 | +0.6% | $176 / Sq Ft |
| 11/20/2024 11/20/24 | Pending | -- | -- | -- |
| 11/07/2024 11/07/24 | Price Changed | $315,000 | -1.3% | $175 / Sq Ft |
| 10/21/2024 10/21/24 | Price Changed | $318,999 | -0.3% | $177 / Sq Ft |
| 10/04/2024 10/04/24 | Price Changed | $319,999 | -0.6% | $178 / Sq Ft |
| 08/20/2024 08/20/24 | Price Changed | $322,000 | -0.3% | $179 / Sq Ft |
| 08/02/2024 08/02/24 | Price Changed | $322,900 | -0.6% | $179 / Sq Ft |
| 07/11/2024 07/11/24 | Price Changed | $324,900 | 0.0% | $181 / Sq Ft |
| 06/14/2024 06/14/24 | For Sale | $325,000 | +8.3% | $181 / Sq Ft |
| 05/04/2023 05/04/23 | Sold | $300,000 | 0.0% | $167 / Sq Ft |
| 03/23/2023 03/23/23 | Pending | -- | -- | -- |
| 03/22/2023 03/22/23 | For Sale | $300,000 | -- | $167 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $1,472 | $56,975 | $6,250 | $50,725 |
| 2023 | $1,356 | $56,975 | $0 | $0 |
| 2022 | $118 | $6,250 | $6,250 | $0 |
| 2021 | $118 | $6,250 | $6,250 | $0 |
| 2020 | $137 | $6,250 | $6,250 | $0 |
| 2019 | $137 | $6,250 | $6,250 | $0 |
| 2018 | $137 | $6,250 | $6,250 | $0 |
| 2017 | $137 | $6,250 | $6,250 | $0 |
| 2016 | $144 | $6,250 | $6,250 | $0 |
| 2015 | $145 | $6,250 | $6,250 | $0 |
| 2014 | -- | $6,250 | $6,250 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Dana Whitworth
Crye-Leike
(901) 734-3771
4 in this area
125 Total Sales
-
L
Buyer's Agent in 2024
Leanna Potter
BHHS McLemore & Co. Realty
(901) 259-8500
1 in this area
39 Total Sales
-
R
Seller's Agent in 2023
Richie Averill
D R Horton Memphis
(901) 826-6160
26 in this area
39 Total Sales
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10174744
APN: 078M-A-015.00
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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