NOT LISTED FOR SALE

312 E Marginal St Somerville, TN 38068

Estimated Value: $262,771 - $313,000

3 Beds
3 Baths
2,256 Sq Ft
$132/Sq Ft Est. Value

Last Sold August 14, 2017

Last sale price $200,000 $89 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,581/month

202 Days on Market

Highlights

  • 0.9 Acre Lot
  • Traditional Architecture
  • High Ceiling
  • Living Room with Fireplace
  • Wood Flooring
  • No HOA

About This Home

As of August 2017

As Cute As Can Be in the Heart of Somerville! Interior & Exterior Remodeled, Modern Amenities w/Original Classic Historic Charm – NEW Kitchen, Baths, Full Master Suite with Walk In Shower, Corner Tub, Double Vanity, Walk in Closet, Open Kitchen/Den Concept, Light Fixtures, Refinished Hardwood Floors, Granite Counters, Tile – Basement, Walk Up Attic, Spacious near acre Lot offers Large Yard with Mature Trees, Peaceful Patio, Double Garage with attached 23’x60’Shop, Additional 15’x26’ Storage Bldg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $684

Year Built

  • Built in 1929

Lot Details

  • 0.9 Acre Lot

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Washer Hookup

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11

Home Details

Home Type

Single Family

Est. Annual Taxes

$684

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1929
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: High Ceilings
  • Appliances: Dishwasher, Disposal, Range, Oven
  • Fireplace Features: Living Room, Den, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Other Structures: Storage
  • Patio And Porch Features: Patio, Porch
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Faces Front, Parking Pad
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Utilities: Electricity Available, Water Available, Cable Connected

Condo/Co-op/Association

  • Amenities: Sidewalks
  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.9
  • Lot Size: 150X257 IRR
  • Lot Size Units: Acres
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 684
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2017
Closed on
Aug 8, 2017
Sold by
Rike Alan E
Bought by
Cavallo Caleb and Cavallo Maegen
List Price
$214,900
Sold Price
$200,000
Premium/Discount to List
-$14,900
-6.93%
Current Estimated Value
$297,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,693
Avg. Annual Appreciation
4.83%
Original Mortgage
$204,300
Outstanding Balance
$169,573
Interest Rate
4.03%
Estimated Equity
$128,120

Purchase Details

Listed on
Sep 27, 2012
Closed on
May 7, 2014
Sold by
Brady Beverly R
Bought by
Rike Alan E
Seller's Agent
Mary Ann Tapp
Crye-Leike, Inc., REALTORS
Buyer's Agent
Carrie Smith
Fayette Realty, LLC
List Price
$179,900
Sold Price
$115,000
Premium/Discount to List
-$64,900
-36.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.44%
Original Mortgage
$92,000
Interest Rate
4.37%

Purchase Details

Closed on
Jan 30, 1954
Bought by
Rike Margaret
Source: Public Records
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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
Cavallo Caleb $200,000 None Available
Rike Alan E $115,000 --
Rike Margaret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavallo Caleb $204,300
Previous Owner Rike Alan E $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2017 08/14/17 Sold $200,000 -6.9% $89 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $214,900 +86.9% $95 / Sq Ft
05/09/2014 05/09/14 Sold $115,000 -36.1% $51 / Sq Ft View Prior Sale
04/05/2014 04/05/14 Pending -- -- --
09/27/2012 09/27/12 For Sale $179,900 -- $80 / Sq Ft
Source: Realtracs

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
2025 $478 $58,250 $10,625 $47,625
2024 $478 $40,400 $5,950 $34,450
2023 $1,044 $40,400 $0 $0
2022 $761 $40,400 $5,950 $34,450
2021 $761 $40,400 $5,950 $34,450
2020 $694 $40,400 $5,950 $34,450
2019 $694 $31,725 $5,400 $26,325
2018 $694 $31,725 $5,400 $26,325
2017 $694 $31,725 $5,400 $26,325
2016 $706 $30,475 $5,400 $25,075
2015 $706 $30,475 $5,400 $25,075
2014 $706 $30,475 $5,400 $25,075
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 3029132

Realtracs

APN: 090C-C-011.00