$326,900
SOLD APR 14, 2025

25 Thompson Way Somerville, TN 38068

3 Beds
1 Bath
1,600-1,799 Sq Ft
1.08 Acres

Recently Sold

$182 Per Sq Ft

7% Below List Price

54 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Breakfast Room
  • 1.08 Acre Lot
  • Covered Patio or Porch
  • Circular Driveway

About This Home

As of April 2025

Looking for a cozy home with small-town charm? This 3-bedroom, 1-bathroom home in the heart of Somerville, TN is a fantastic opportunity for first-time home buyers and downsizers! Nestled on the edge of a peaceful neighborhood, this home has a lot to offer! Spacious living areas and a comfortable layout! Updated kitchen with soft close drawers, glass front upper doors, concrete counter tops, tile backsplash, and smooth cook top range. Large 1.08 - acre yard with mature shade trees, perfect for outdoor activities, gardening, or relaxing! 40ft x 40ft Shop - Insulated, concrete slab, and electric garage door, Perfect for hobbies, storage, or home - based business! Great Location - Easy access to local shops, schools, and dining! Low Fayette County taxes! This property also qualifies for Cadence Bank Right @ Home 100% mortgage financing, no private mortgage insurance and a lower interest rate!

Last Agent to Sell the Property

Jacob Bussenger

REMAX Experts License #370242 Listed on: 01/04/2025

REMAX Experts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $472

Year Built

  • Built in 1958

Lot Details

  • 1.08 Acre Lot
  • Landscaped
  • Few Trees

Home Design

  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,623 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Decorative Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Storage Room
  • Laundry Room
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Workshop in Garage
  • Garage Door Opener
  • Circular Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 090 030.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$472

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • MLS Map #: 653B
  • Number Of Stories: 1
  • Price Per Sq Ft: 201.42
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1623
  • Year Built: 1958
  • List Price/ Sq Ft: 203
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1 Bath, Laundry Room, Breakfast Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 1, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Decorative Only
  • Floors/Ceilings: Part Hardwood, Wood Laminate Floors, Part Carpet, Smooth Ceiling
  • Full Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Pantry
  • Misc Interior: Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 1
  • Primary Bathroom Description: Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio, Covered Patio, Well Landscaped Grounds, Storage
  • Exterior Windows: Brick Veneer
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Driveway/Pad, Circular Drive, More than 3 Coverd Spaces, Storage Room(s), Workshop(s), Garage Door Opener(s)

Utilities

  • Cooling: Central
  • Heating: Central, Electric
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Landscaped
  • Acreage: 1.08
  • Lot Size: 1.08
  • Price Per Acre: 305463
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 090 030.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2025
Closed on
Apr 14, 2025
Sold by
Chambers Terry and Chambers Patricia
Bought by
Sartin Scott R
Seller's Agent
Jacob Bussenger
REMAX Experts
List Price
$350,000
Sold Price
$326,900
Premium/Discount to List
-$23,100
-6.6%
Views
27
Current Estimated Value
$334,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,737
Avg. Annual Appreciation
-4.28%
Original Mortgage
$320,978
Outstanding Balance
$320,978
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
-$25

Purchase Details

Closed on
Jul 31, 2024
Sold by
Ascendant Executive Rentals Llc
Bought by
Chambers Terry G and Chambers Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2022
Sold by
Steve Crafton Donald and Steve Cynthia
Bought by
Ascendant Executive Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2022
Sold by
Skelton Thomas L and Skelton Stephanie G
Bought by
Crafton Donald Steve and Crafton Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2019
Closed on
Jun 18, 2019
Sold by
Lee German Justin and German Bridget Erin
Bought by
Skelton Thomas L and Skelton Stephanie G
Seller's Agent
Lola Putt
REMAX Experts
Buyer's Agent
Hattie Davidson Brawley
2 Rivers Realty, LLC
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%
Original Mortgage
$35,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 2005
Sold by
Alford Cindy Cooksey
Bought by
German Justin Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
5.69%

Purchase Details

Closed on
Jan 2, 1900
Bought by
Thompson Sarah
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 $326,900 None Listed On Document
Warranty Deed $310,000 None Listed On Document
Quit Claim Deed -- Minor Johnston Douglas Pllc
Warranty Deed $335,000 None Listed On Document
Warranty Deed $160,000 None Available
Deed $108,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $320,978 FHA
Previous Owner $260,000 New Conventional
Previous Owner $268,000 New Conventional
Previous Owner $35,000 Commercial
Previous Owner $155,516 Commercial
Previous Owner $49,495 New Conventional
Previous Owner $108,000 New Conventional
Previous Owner $84,875 No Value Available
Previous Owner $102,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Sold $326,900 -0.9% $204 / Sq Ft
02/27/2025 02/27/25 Pending -- -- --
02/27/2025 02/27/25 Price Changed $329,900 -2.9% $206 / Sq Ft
01/07/2025 01/07/25 Price Changed $339,900 -2.9% $212 / Sq Ft
01/04/2025 01/04/25 For Sale $350,000 +118.8% $219 / Sq Ft
06/18/2019 06/18/19 Sold $160,000 -5.8% $100 / Sq Ft
03/29/2019 03/29/19 For Sale $169,900 -- $106 / 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 $472 $39,900 $9,375 $30,525
2023 $1,030 $39,900 $0 $0
2022 $751 $39,900 $9,375 $30,525
2021 $751 $39,900 $9,375 $30,525
2020 $735 $39,900 $9,375 $30,525
2019 $634 $28,975 $9,375 $19,600
2018 $634 $28,975 $9,375 $19,600
2017 $634 $28,975 $9,375 $19,600
2016 $670 $28,900 $10,625 $18,275
2015 $670 $28,900 $10,625 $18,275
2014 $670 $28,900 $10,625 $18,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10187521

Memphis Area Association of REALTORS®

APN: 090-030.00