NOT LISTED FOR SALE

40 Meadow Glen Dr Somerville, TN 38068

Estimated Value: $464,000 - $569,000

4 Beds
2.5 Baths
2,800-2,999 Sq Ft
$173/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $500,000 $167 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,925/month

23 Days on Market

Highlights

  • In Ground Pool
  • Waterfront
  • Vaulted Ceiling
  • Lake On Lot
  • 2.1 Acre Lot
  • Traditional Architecture

About This Home

As of July 2022

Situated on Hidden Lake just East of Oakland, this home is in a neighborhood that with very little turnover due to the desirability of the location. Have your own oasis with amazing home on 2+ acres with inground pool and 10 acre lake for fishing or paddling around. Custom built in 96 with partial renovation in 2017 of new roof, granite tops in kitchen, tile and wood flooring, HVAC units, water heaters. Gunite salt water gunite pool installed in 2015. Come home to the country where life is good.

Last Agent to Sell the Property

Cheryl Morris

Morris and Morris License #223277 Listed on: 05/14/2022

Co-Listed By

Paul Morris

Morris and Morris License #292517

Last Buyer's Agent

Jennifer Porter

BHHS McLemore & Co., Realty License #365777

BHHS McLemore & Co., Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,040

Year Built

  • Built in 1996

Lot Details

  • 2.1 Acre Lot
  • Waterfront
  • Wrought Iron Fence
  • Landscaped
  • Few Trees

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,983 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Two Story Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Play Room
  • Laundry Room
  • Attic

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Monitored
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Lake On Lot
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • Hidden Lake Estates Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 087 087 02267

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,040

Year Built

Built in 1996

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Tomlin
  • MLS Map #: 653A
  • MAAR Subdivision Name: HIDDEN LAKE ESTATES
  • List Price Per Sq Ft: 167
  • Number Of Stories: 2
  • Price Per Sq Ft: 167.62
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2983
  • Termite Contract: Yes
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, Play Room/Rec Room
  • Additional Bedroom Bathroom Info: Primary Down, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedroom 2 Description: Level 2, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedroom 4 Description: Level 2, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Sprayed Ceiling, Two Story Foyer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Cooktop, Dishwasher, Microwave
  • Living Dining Kitchen: Great Room, Breakfast Bar, Separate Breakfast Room, Island In Kitchen
  • Misc Interior: Walk-In Attic, Security System
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Play Room, Entry Hall, Attic
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Separate Shower
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Vaulted/Coffered Ceiling, Carpet

Exterior Features

  • Misc Exterior: Pool Cleaning Equipment, Storage Building, Covered Patio
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Gas
  • Security: Monitored Alarm System
  • Water Sewer: Gas Water Heater, Well Water, Septic Tank

Association/Amenities

  • Annual Association Fee: 200
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Lake/Pond on Property, Water Frontage, Landscaped, Iron Fenced
  • Lot Number: 16
  • Acreage: 2.1
  • Lot Size: 2.10 acres
  • Price Per Acre: 237619

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 087 087 02267

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2022
Closed on
Jul 22, 2022
Sold by
Powell Michelle L
Bought by
Fox Jacob A and Fox Deidra L
Seller's Agent
Cheryl Morris
Morris and Morris
Buyer's Agent
Jennifer Porter
BHHS McLemore & Co., Realty
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%
Current Estimated Value
$517,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,703
Avg. Annual Appreciation
-0.59%
Original Mortgage
$500,000
Outstanding Balance
$479,617
Interest Rate
5.23%
Mortgage Type
VA
Estimated Equity
$11,325

Purchase Details

Listed on
May 14, 2022
Closed on
Jul 2, 2022
Sold by
Powell Michelle K
Bought by
Porter Timothy L and Porter Jennifer M
Seller's Agent
Cheryl Morris
Morris and Morris
Buyer's Agent
Jennifer Porter
BHHS McLemore & Co., Realty
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$479,617
Interest Rate
5.23%
Mortgage Type
VA
Estimated Equity
$11,325

Purchase Details

Closed on
Dec 11, 2010
Sold by
Powell Gregory E
Bought by
Powell Gregory E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2006
Sold by
Powell Valarie
Bought by
Powell Gregory E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
6.2%

Purchase Details

Closed on
Aug 13, 1991
Bought by
Largent Contracting Inc
Source: Public Records

Range of Values:

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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
Fox Jacob A -- Minor Thomas M
Porter Timothy L $500,000 Minor Johnston Douglas Pllc
Powell Gregory E -- --
Powell Gregory E -- --
Powell Gregory E -- --
Powell Gregory E -- --
Largent Contracting Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Porter Timothy L $500,000
Previous Owner Powell Gregory E $161,000
Previous Owner Powell Gregory E $40,000
Previous Owner Powell Gregory E $211,000
Previous Owner Powell Gregory E $201,180
Previous Owner Powell Gregory E $211,000
Previous Owner Powell Gregory E $50,000
Previous Owner Powell Gregory E $140,000
Previous Owner Somerville Bank And Trust $126,895
Previous Owner Gregory Powell $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $500,000 +0.2% $179 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $499,000 -0.2% $178 / Sq Ft
05/14/2022 05/14/22 Off Market $500,000 -- --
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 $1,040 $80,525 $14,825 $65,700
2023 $1,040 $80,525 $0 $0
2022 $1,048 $81,125 $15,425 $65,700
2021 $1,048 $81,125 $15,425 $65,700
2020 $1,086 $81,125 $15,425 $65,700
2019 $1,086 $72,025 $15,425 $56,600
2018 $1,086 $72,025 $15,425 $56,600
2017 $1,086 $72,025 $15,425 $56,600
2016 $1,116 $69,500 $17,700 $51,800
2015 $1,116 $69,500 $17,700 $51,800
2014 $962 $59,950 $17,700 $42,250
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Morris

    Seller's Agent in 2022

    Cheryl Morris

    Morris and Morris

    (901) 497-6998

    15 in this area

    39 Total Sales

    Section Image
  • Paul Morris

    Seller Co-Listing Agent in 2022

    Paul Morris

    Morris and Morris

    (901) 497-6994

    20 in this area

    88 Total Sales

    Section Image
  • Jennifer Porter

    Buyer's Agent in 2022

    Jennifer Porter

    BHHS McLemore & Co., Realty

    (303) 818-0638

    1 in this area

    24 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10124095

Memphis Area Association of REALTORS®

APN: 087-022.67

Tennessee Fayette County Somerville 38068

40 Meadow Glen Dr, Somerville, TN

This home is located at 40 Meadow Glen Dr, Somerville, TN 38068 since 14 May 2022 and is currently estimated at $518,844, approximately $173 per square foot. This property was built in 1996. 40 Meadow Glen Dr is a home located in Fayette County with nearby schools including Oakland Elementary School, West Junior High School, and Fayette Ware Comprehensive High School.

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