NOT LISTED FOR SALE

35 Bishop Dr Somerville, TN 38068

Estimated Value: $266,000 - $428,000

4 Beds
3.5 Baths
2,600-2,799 Sq Ft
$122/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $247,000 $88 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,842/month

29 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Wood Flooring
  • Bonus Room
  • Some Wood Windows

About This Home

As of July 2021

Contract Failed!!! House back on the market and being sold AS-IS at a $35K price reduction. Home needs some up grades and minor repairs but priced to help cover those repairs. The home sits on a 10-acre corner lot. Includes a 20x40 Metal Pole Barn and a 12x20 wired work shop. Covered front porch and oversized enclosed back patio. Fireplace in the living room, New flooring in upstairs & primary bedroom, stairwell, living room, and entry hall. Low county taxes and only about an from Memphis.

Last Agent to Sell the Property

Amy Hill

Crye-Leike, Inc., REALTORS License #334468 Listed on: 04/04/2021

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Michael Baker

eXp Realty, LLC License #356543

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 10 Acre Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,762 Sq Ft Home
  • 1.5-Story Property
  • Some Wood Windows
  • Den with Fireplace
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Gas Cooktop

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 113 113 01205

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • List Price Per Sq Ft: 91
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2762
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: 1/2 Bath
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms
  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 2
  • Bedroom 4 Description: Level 2
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking
  • Living Dining Kitchen: Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Bonus Room
  • P R I M A R Y B E D R O O M: Full Bath

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Wood/Composition
  • Foundation: Slab

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Well Water, Septic Tank

Lot Info

  • Lot Description: Some Trees
  • Acreage: 10
  • Lot Size: 435,600 sq ft-10 Acre Lot

Tax Info

  • Assessor Parcel Number: 113 113 01205

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2021
Closed on
Jul 9, 2021
Sold by
Rollins Rochelle P
Bought by
Reams Ryan T and Hendley Tabitha A
Seller's Agent
Amy Hill
Crye-Leike, Inc., REALTORS
Buyer's Agent
Michael Baker
eXp Realty, LLC
List Price
$250,000
Sold Price
$247,000
Premium/Discount to List
-$3,000
-1.2%
Current Estimated Value
$342,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,326
Avg. Annual Appreciation
7.56%
Original Mortgage
$242,526
Outstanding Balance
$218,618
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$123,708

Purchase Details

Listed on
Mar 23, 2015
Closed on
Jan 15, 2016
Sold by
Doyle Bobby Lee
Bought by
Rollins Rochelle P
Seller's Agent
Loretta Martin
Chamberwood Realty Group
Buyer's Agent
Dusty Malloy
Crye-Leike, Inc., REALTORS
List Price
$199,000
Sold Price
$167,000
Premium/Discount to List
-$32,000
-16.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
Original Mortgage
$163,975
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 2003
Sold by
Ross James Kelly
Bought by
Ross Jo Ann

Purchase Details

Closed on
Feb 21, 2003
Sold by
Doyle Cynthia A
Bought by
Doyle Bobby L

Purchase Details

Closed on
Mar 23, 2000
Sold by
Doyle Bobby Lee
Bought by
Smith Marcus S

Purchase Details

Closed on
Jun 28, 1996
Sold by
Burns Mark A
Bought by
Doyle Bobby Lee

Purchase Details

Closed on
Mar 28, 1995
Sold by
Jim Walter Homes Inc
Bought by
Burns Mark A

Purchase Details

Closed on
May 22, 1985
Bought by
Knight Knight A and Knight Janie

Purchase Details

Closed on
Jan 1, 1985
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reams Ryan T $247,000 Realty Title
Rollins Rochelle P $167,000 --
Ross Jo Ann -- --
Doyle Bobby L -- --
Smith Marcus S -- --
Doyle Bobby Lee $129,900 --
Burns Mark A $24,390 --
Knight Knight A -- --
-- $27,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reams Ryan T $242,526
Previous Owner Rollins Rochelle P $163,975
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2021 07/09/21 Sold $247,000 -1.2% $95 / Sq Ft
05/26/2021 05/26/21 For Sale $250,000 0.0% $96 / Sq Ft
05/26/2021 05/26/21 Price Changed $250,000 -12.3% $96 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/04/2021 04/04/21 For Sale $285,000 +70.7% $110 / Sq Ft
01/19/2016 01/19/16 Sold $167,000 -16.1% $64 / Sq Ft View Prior Sale
11/30/2015 11/30/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $199,000 -- $77 / 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
2025 $644 $77,975 $27,550 $50,425
2024 $644 $49,875 $12,975 $36,900
2023 $644 $49,875 $0 $0
2022 $644 $49,875 $12,975 $36,900
2021 $644 $49,875 $12,975 $36,900
2020 $705 $49,875 $12,975 $36,900
2019 $705 $46,750 $12,975 $33,775
2018 $705 $46,750 $12,975 $33,775
2017 $670 $46,750 $12,975 $33,775
2016 $688 $42,850 $12,975 $29,875
2015 $688 $42,850 $12,975 $29,875
2014 $688 $42,850 $12,975 $29,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10096459

Memphis Area Association of REALTORS®

APN: 113-012.05