305 Lake Dr Somerville, TN 38068
Estimated Value: $138,933
--
Bed
3
Baths
1,845
Sq Ft
$75/Sq Ft
Est. Value
About This Home
This home is located at 305 Lake Dr, Somerville, TN 38068 and is currently estimated at $138,933, approximately $75 per square foot. 305 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 8, 2014
Sold by
Bartlett Dental Realty Llc
Bought by
Ferge Barbara J
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,741
Outstanding Balance
$35,471
Interest Rate
4.26%
Mortgage Type
Commercial
Estimated Equity
$70,580
Purchase Details
Closed on
Aug 1, 2008
Sold by
Redmond David C
Bought by
Bartlett Dental Realty Llc
Purchase Details
Closed on
Oct 8, 1997
Bought by
Redmond David C and Waggener Elizabeth M
Purchase Details
Closed on
Mar 1, 1988
Bought by
Jones Marshall and Jones Wanda P
Purchase Details
Closed on
Mar 28, 1985
Bought by
Price Jesse M
Purchase Details
Closed on
Oct 21, 1981
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Ferge Barbara J | $56,000 | -- | |
Bartlett Dental Realty Llc | $149,500 | -- | |
Redmond David C | $107,200 | -- | |
Jones Marshall | $70,500 | -- | |
Price Jesse M | -- | -- | |
-- | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Ferge Barbara J | $45,741 | |
Previous Owner | Muller Lyle | $60,710 |
Source: Public Records
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 | $695 | $58,840 | $8,920 | $49,920 |
2023 | $1,520 | $58,840 | $0 | $0 |
2022 | $1,108 | $58,840 | $8,920 | $49,920 |
2021 | $1,108 | $58,840 | $8,920 | $49,920 |
2020 | $1,202 | $58,840 | $8,920 | $49,920 |
2019 | $1,202 | $54,960 | $8,920 | $46,040 |
2018 | $1,202 | $54,960 | $8,920 | $46,040 |
2017 | $1,202 | $54,960 | $8,920 | $46,040 |
2016 | $1,410 | $60,880 | $8,920 | $51,960 |
2015 | $1,410 | $60,880 | $8,920 | $51,960 |
2014 | $1,410 | $60,880 | $8,920 | $51,960 |
Source: Public Records
Map
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