NOT LISTED FOR SALE

40 Nicholas Dr Somerville, TN 38068

Estimated Value: $272,000 - $294,000

4 Beds
2.5 Baths
1,600-1,799 Sq Ft
$156/Sq Ft Est. Value

Sale Details

Date Sold: June 8, 2021

Last sale price $222,400 $124 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,539 / mo

83 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • Great Room
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Porch

About This Home

As of June 2021

New 4 Bedroom 2.5 bath Brick home in Fayette under $220K! Kitchen: Granite counters, stainless steel appliances. Flooring is Hardwood Laminate in Family Room & Kitchen, Tile in Bathrooms. 2" Faux Wood blinds on all interior windows. Ceiling Fans in Fam Rm & Master Bedroom. Master Bath: Sep Tub & Shower, double vanities, Granite Tops & Tile floor. Gas fireplace in Family Room. Under construction with Estimated Completion 6/4/2021

Last Agent to Sell the Property

Karen Miller

Adaro Realty, Inc. License #267828 Listed on: 03/13/2021

Adaro Realty, Inc.

Last Buyer's Agent

Jessica Walls

KAIZEN Realty, LLC License #343180

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 6,011

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,710 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Great Room
  • Den with Fireplace
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Bathtub With Separate Shower Stall

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Porch
  • Landscaped Professionally

Community Details

  • Nicholas Place Subdivision
  • Mandatory Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 2021 | Under Construction

Lot Details

6,011 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Marginal Street
  • MAAR Subdivision Name: NICHOLAS PLACE
  • List Price Per Sq Ft: 129
  • Number Of Stories: 2
  • Prop Construction Status: Under Construction
  • Estimated Sq Ft: 1710
  • Termite Contract: Yes
  • Year Built: 2021
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down, Double Vanity Bath, Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher
  • Living Dining Kitchen: Great Room, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room

Exterior Features

  • Misc Exterior: Porch
  • Exterior Windows: Brick Veneer
  • 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

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Electric

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Professionally Landscaped
  • Lot Number: 24
  • Lot Size: 8001 SQ FT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2021
Closed on
Jun 8, 2021
Sold by
Top Homes Llc
Bought by
Williams Dawn
Seller's Agent
Karen Miller
Adaro Realty, Inc.
Buyer's Agent
Jessica Walls
KAIZEN Realty, LLC
List Price
$219,900
Sold Price
$222,400
Premium/Discount to List
$2,500
1.14%
Current Estimated Value
$280,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,342
Avg. Annual Appreciation
4.86%
Original Mortgage
$224,747
Outstanding Balance
$201,251
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$79,491
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
Williams Dawn $222,400 Delta Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Dawn $224,747
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2021 06/08/21 Sold $222,400 +1.1% $139 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $219,900 -- $137 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $616 $70,875 $6,250 $64,625
2024 $616 $52,075 $4,950 $47,125
2023 $1,346 $52,075 $0 $0
2022 $981 $52,075 $4,950 $47,125
2021 $611 $52,075 $4,950 $47,125
2020 $99 $32,475 $4,950 $27,525
2019 $99 $4,500 $4,500 $0
2018 $99 $4,500 $4,500 $0
2017 $99 $4,500 $4,500 $0
2016 $104 $4,500 $4,500 $0
2015 $104 $4,500 $4,500 $0
2014 $104 $4,500 $4,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Miller

    Seller's Agent in 2021

    Karen Miller

    Adaro Realty, Inc.

    (901) 315-6000

    11 in this area

    67 Total Sales

    Karen Miller
    Section Image

  • J

    Buyer's Agent in 2021

    Jessica Walls

    KAIZEN Realty, LLC

    (901) 221-4041

    2 in this area

    50 Total Sales

    Jessica Walls
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10095052

Memphis Area Association of REALTORS®

APN: 090F-C-012.31

Tennessee Fayette County Somerville 38068

40 Nicholas Dr, Somerville, TN

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