NOT LISTED FOR SALE

275 Tate Dr Oakland, TN 38060

Estimated Value: $331,000 - $351,000

4 Beds
2 Baths
2,000-2,199 Sq Ft
$154/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $260,000 $118 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,856/month

Highlights

  • Landscaped Professionally
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Vaulted Ceiling
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of August 2020

Truly a gem! Delightful "open" plan ~ 4 BR (4th BR could be game room or bonus) 2 BA, low maintenance all brick split bedroom plan, hardwood throughout downstairs with tile and granite in kitchen, new gas stove and new dishwasher, separate dining room, newly painted inside and outside, Plantation shutters, 33' covered screened patio + extra patio, wood fenced, wired workshop. Seller has spent over $31,000 on improvements in the last year. New lighting, new fans, stunning home, low taxes.

Last Agent to Sell the Property

Frank Lowry

Bill Lowry Realty Co. License #55254 Listed on: 07/14/2020

Last Buyer's Agent

Brian Rye

MidSouth Residential, LLC License #322901

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $818

Year Built

  • Built in 2014

Lot Details

  • Wood Fence
  • Landscaped Professionally
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,124 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Play Room
  • Screened Porch
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Storm Doors
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Sommerset Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 087J 087J D01100

Home Details

Home Type

Single Family

Est. Annual Taxes

$818

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Kyle Edward
  • MAAR Subdivision Name: SOMMERSET PH2
  • List Price Per Sq Ft: 120
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2124
  • Termite Contract: Yes
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Second Story Floor Plan: 4th or More Bedrooms
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Hardwood Floor, Level 1
  • Bedroom 3 Description: Hardwood Floor, Level 1
  • Bedroom 4 Description: Level 2, Walk-In Closet
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Prefabricated, Ventless Gas Fireplace, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Tile, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Play Room, Attic
  • Primary Bathroom Description: Double Sinks, Separate Shower, Tile Floor, Whirlpool Tub
  • P R I M A R Y B E D R O O M: Full Bath, Hardwood Floor, Level 1, Vaulted/Coffered Ceiling, Walk-In Closet

Exterior Features

  • Misc Exterior: Storage Building, Screen Porch, Patio, Covered Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Double Pane Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

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

Lot Info

  • Lot Description: Level, Professionally Landscaped, Wood Fenced
  • Lot Number: 60
  • Lot Size: 21071 SQ FT

Tax Info

  • Assessor Parcel Number: 087J 087J D01100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Aug 27, 2020
Sold by
Downs Ralph D and Downs Mary L
Bought by
Edwards James Scott and Edwards Mary J
Seller's Agent
Frank Lowry
Bill Lowry Realty Co.
Buyer's Agent
Brian Rye
MidSouth Residential, LLC
List Price
$254,900
Sold Price
$260,000
Premium/Discount to List
$5,100
2%
Current Estimated Value
$339,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,128
Avg. Annual Appreciation
5.21%
Original Mortgage
$208,000
Outstanding Balance
$184,925
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$154,203

Purchase Details

Listed on
Apr 25, 2019
Closed on
Jul 15, 2019
Sold by
Stilwell David M and Stilwell Vickie
Bought by
Downs Ralph D and Downs Mary L
Seller's Agent
Victory Neal
Crye-Leike, Inc., REALTORS
Buyer's Agent
Frank Lowry
Bill Lowry Realty Co.
List Price
$240,000
Sold Price
$219,000
Premium/Discount to List
-$21,000
-8.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.72%
Original Mortgage
$219,000
Interest Rate
3.8%
Mortgage Type
VA

Purchase Details

Listed on
Feb 3, 2014
Closed on
Jul 25, 2014
Sold by
Creekside Homes Llc
Bought by
Stilwell David M and Stilwell Vickie
Seller's Agent
Dorothy Dees
Groome & Co.
Buyer's Agent
Polly Shipley
Crye-Leike, Inc., REALTORS
List Price
$182,900
Sold Price
$182,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$80,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2013
Sold by
Renasant Bank
Bought by
Creekside Homes Llc

Purchase Details

Closed on
Oct 23, 2009
Sold by
Skip Hobbs Construction Ll
Bought by
Renasant Bank

Purchase Details

Closed on
Oct 13, 2006
Bought by
Skip Hobbs Construction Llc
Source: Public Records

Range of Values:

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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
Edwards James Scott $260,000 Tri State Title Llc
Downs Ralph D $219,000 Mid South Title
Stilwell David M $182,900 --
Creekside Homes Llc $157,500 --
Renasant Bank $480,000 --
Skip Hobbs Construction Llc $595,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards James Scott $208,000
Previous Owner Downs Ralph D $219,000
Previous Owner Stilwell David M $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2020 08/27/20 Sold $260,000 +2.0% $130 / Sq Ft
07/14/2020 07/14/20 For Sale $254,900 +16.4% $127 / Sq Ft
07/18/2019 07/18/19 Sold $219,000 -2.7% $110 / Sq Ft View Prior Sale
06/13/2019 06/13/19 Price Changed $225,000 -4.3% $113 / Sq Ft
05/11/2019 05/11/19 Price Changed $235,000 -2.1% $118 / Sq Ft
04/25/2019 04/25/19 For Sale $240,000 +31.2% $120 / Sq Ft
07/25/2014 07/25/14 Sold $182,900 0.0% $91 / Sq Ft View Prior Sale
07/08/2014 07/08/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $182,900 -- $91 / 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 $818 $64,450 $9,500 $54,950
2023 $1,664 $64,450 $0 $0
2022 $1,103 $64,450 $9,500 $54,950
2021 $1,103 $64,450 $9,500 $54,950
2020 $735 $64,450 $9,500 $54,950
2019 $972 $47,925 $8,000 $39,925
2018 $1,000 $47,925 $8,000 $39,925
2017 $852 $47,925 $8,000 $39,925
2016 $794 $41,725 $6,000 $35,725
2015 $794 $41,725 $6,000 $35,725
2014 $794 $41,725 $6,000 $35,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10080604

Memphis Area Association of REALTORS®

APN: 087J-D-011.00