3540 Tomlin Rd Somerville, TN 38068
Estimated Value: $1,199,936
Studio
6
Baths
7,625
Sq Ft
$157/Sq Ft
Est. Value
About This Home
This home is located at 3540 Tomlin Rd, Somerville, TN 38068 and is currently estimated at $1,199,936, approximately $157 per square foot. 3540 Tomlin Rd is a home located in Fayette County with nearby schools including Oakland Elementary School, West Junior High School, and Fayette Ware Comprehensive High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 28, 2021
Sold by
Educational Investments Llc
Bought by
Wolf River Properties Llc
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
$800,000
Outstanding Balance
$723,066
Interest Rate
2.93%
Mortgage Type
Commercial
Estimated Equity
$476,870
Purchase Details
Closed on
May 29, 2020
Sold by
Macon Road Baptist Church Of Memphis Inc
Bought by
Educational Investments Llc
Purchase Details
Closed on
Mar 4, 2013
Sold by
Mr Developers Llc
Bought by
Macon Road Baptist Church Of M
Purchase Details
Closed on
Nov 30, 2011
Sold by
Moghim Fred
Bought by
Mr Developers Llc
Purchase Details
Closed on
May 16, 2007
Sold by
Logan Timothy S
Bought by
Pounders Sherman J
Purchase Details
Closed on
Nov 30, 2004
Sold by
Doyle Carl T
Bought by
Moghim Fred
Purchase Details
Closed on
Aug 11, 1972
Bought by
Craig Raymond S
Purchase Details
Closed on
Jan 1, 1972
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wolf River Properties Llc | $1,000,000 | None Available | |
| Educational Investments Llc | -- | None Available | |
| Macon Road Baptist Church Of M | -- | -- | |
| Mr Developers Llc | $95,000 | -- | |
| Pounders Sherman J | $130,000 | -- | |
| Pounders Sherman J | $130,000 | -- | |
| Moghim Fred | $165,000 | -- | |
| Craig Raymond S | -- | -- | |
| -- | $19,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wolf River Properties Llc | $800,000 |
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 | $7,140 | $410,960 | $57,240 | $353,720 |
| 2024 | $7,140 | $276,440 | $33,000 | $243,440 |
| 2023 | $7,140 | $276,440 | $0 | $0 |
| 2022 | $4,734 | $276,440 | $33,000 | $243,440 |
| 2021 | $4,734 | $276,440 | $33,000 | $243,440 |
| 2020 | $4,129 | $276,440 | $33,000 | $243,440 |
| 2019 | $5,559 | $273,920 | $36,000 | $237,920 |
| 2018 | $5,718 | $273,920 | $36,000 | $237,920 |
| 2017 | $4,872 | $273,920 | $36,000 | $237,920 |
| 2016 | $5,189 | $272,680 | $36,000 | $236,680 |
| 2015 | $5,189 | $272,680 | $36,000 | $236,680 |
| 2014 | $5,189 | $272,680 | $36,000 | $236,680 |
Source: Public Records
Map
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