NOT LISTED FOR SALE

305 Tate Dr Oakland, TN 38060

Estimated Value: $308,000 - $328,000

4 Beds
2 Baths
1,800-1,999 Sq Ft
$161/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $220,000 $110 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,761/month

Highlights

  • Traditional Architecture
  • Whirlpool Bathtub
  • Bonus Room
  • Main Floor Primary Bedroom
  • Attic
  • Great Room

About This Home

As of August 2019

Perfectly located, 'Move in Ready' 4 Bed (or 3 with Bonus upstairs), 2 Bath home in the heart of Oakland! Split Bedroom & Open living floor plan. Light, bright neutral Decor. Wood Laminate flooring, Feature Gas fireplace in Great Room. Lots of Cabinet Space In Kitchen w/ Granite Counters, Center Island & S/S appliances. Separate Laundry Room & Dining Room. Master Suite Complete w/ Whirlpool Tub, Separate Shower & Double Vanity. Large, Private, Wood fenced Backyard with Patio & Tree-Lined Outlook

Last Agent to Sell the Property

Jason Wallace

Keller Williams Realty License #322972 Listed on: 07/01/2019

Keller Williams Realty

Last Buyer's Agent

Joshua Holley

KAIZEN Realty, LLC License #285012

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $786

Year Built

  • Built in 2015

Lot Details

  • Wood Fence
  • Landscaped
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,927 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Laundry Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate
  • 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
  • Separate Shower

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Parking

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

Outdoor Features

  • Patio
  • Porch

Utilities

  • Two cooling system units
  • Central Air
  • 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 D01400

Home Details

Home Type

Single Family

Est. Annual Taxes

$786

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SOMMERSET PH2
  • List Price Per Sq Ft: 114
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1927
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Split Bedroom Plan, Luxury Primary Bath
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 1, Shared Bath, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Pantry, Island In Kitchen
  • Misc Interior: Walk-In Attic, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer, Steel Insulated 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: Driveway/Pad, Garage Door Opener(s), Front-Load Garage

Utilities

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

Lot Info

  • Lot Description: Level, Landscaped, Wood Fenced
  • Lot Number: 63
  • Lot Size: 9845 SQ FT

Tax Info

  • Assessor Parcel Number: 087J 087J D01400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2019
Closed on
Aug 29, 2019
Sold by
Karter Veronica Marie
Bought by
Bobbitt Christopher S and Bobbitt Kimberly D
Seller's Agent
Jason Wallace
Keller Williams Realty
Buyer's Agent
Joshua Holley
KAIZEN Realty, LLC
List Price
$228,000
Sold Price
$220,000
Premium/Discount to List
-$8,000
-3.51%
Current Estimated Value
$321,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,611
Avg. Annual Appreciation
6.28%
Original Mortgage
$216,015
Outstanding Balance
$189,982
Interest Rate
3.8%
Mortgage Type
FHA
Estimated Equity
$131,629

Purchase Details

Listed on
May 28, 2015
Closed on
Mar 18, 2016
Sold by
Creekside Homes Llc
Bought by
Karter Veronica Marie
Seller's Agent
Dorothy Dees
Groome & Co.
Buyer's Agent
Dorothy Dees
Groome & Co.
List Price
$179,900
Sold Price
$179,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$120,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2015
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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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 Buyer Sale Price Title Company
Bobbitt Christopher S $220,000 Edco Ttl & Closing Svcs Inc
Karter Veronica Marie $179,900 --
Creekside Homes Llc $126,000 --
Renasant Bank $480,000 --
Skip Hobbs Construction Llc $595,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bobbitt Christopher S $216,015
Previous Owner Karter Veronica Marie $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2019 08/29/19 Sold $220,000 0.0% $122 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
07/13/2019 07/13/19 Price Changed $220,000 -3.5% $122 / Sq Ft
07/01/2019 07/01/19 For Sale $228,000 +26.7% $127 / Sq Ft
03/18/2016 03/18/16 Sold $179,900 0.0% $100 / Sq Ft View Prior Sale
01/24/2016 01/24/16 Pending -- -- --
05/28/2015 05/28/15 For Sale $179,900 -- $100 / 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 $786 $62,000 $9,500 $52,500
2023 $1,602 $62,000 $0 $0
2022 $1,048 $61,200 $9,500 $51,700
2021 $1,048 $61,200 $9,500 $51,700
2020 $681 $59,675 $9,500 $50,175
2019 $917 $45,200 $8,000 $37,200
2018 $943 $45,200 $8,000 $37,200
2017 $804 $45,200 $8,000 $37,200
2016 $741 $38,925 $6,000 $32,925
2015 $741 $38,925 $6,000 $32,925
2014 -- $6,000 $6,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Wallace

    Seller's Agent in 2019

    Jason Wallace

    Keller Williams Realty

    (901) 690-1885

    387 Total Sales

    Jason Wallace
    Section Image
  • Joshua Holley

    Buyer's Agent in 2019

    Joshua Holley

    KAIZEN Realty, LLC

    (901) 591-7556

    217 Total Sales

    Joshua Holley
    Section Image

  • D

    Seller's Agent in 2016

    Dorothy Dees

    Groome & Co.

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10056400

Memphis Area Association of REALTORS®

APN: 087J-D-014.00

Tennessee Fayette County Oakland 38060

305 Tate Dr, Oakland, TN

Not Listed for Sale

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