470 Rich Rd Somerville, TN 38068
3
Beds
2.5
Baths
1,400-1,599
Sq Ft
2.67
Acres
Highlights
- Deck
- Wood Flooring
- Loft
- Traditional Architecture
- Main Floor Primary Bedroom
- Sun or Florida Room
About This Home
As of May 2025Great investment opportunity! A charming 3 Bed 2.5 Bath home on 2.6 Acres in between Oakland and Somerville. Detached garage and storage building. Covered front porch and expansive deck in the rear. New asphalt driveway, newer roof and updated HVAC. This properties your privacy in the country! May finance with special in house loan, but prefer cash. Upstairs flooring and bathroom unfinished.
Co-Listed By
Lola Putt
REMAX Experts License #255590
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $414
Year Built
- Built in 1991
Lot Details
- 2.67 Acre Lot
- Level Lot
- Few Trees
Home Design
- Traditional Architecture
- Composition Shingle Roof
- Pier And Beam
Interior Spaces
- 1,400-1,599 Sq Ft Home
- 1,467 Sq Ft Home
- 2-Story Property
- Ceiling height of 9 feet or more
- Ceiling Fan
- Some Wood Windows
- Window Treatments
- Aluminum Window Frames
- Great Room
- Breakfast Room
- Den
- Loft
- Sun or Florida Room
Kitchen
- Oven or Range
- Dishwasher
Flooring
- Wood
- Partially Carpeted
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Primary Bedroom on Main
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
Laundry
- Laundry closet
- Washer and Dryer Hookup
Parking
- 2 Car Detached Garage
- Workshop in Garage
- Side Facing Garage
- Driveway
Outdoor Features
- Balcony
- Deck
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- 220 Volts
- Well
- Septic Tank
Community Details
- Southern Acres Subd Subdivision
Listing and Financial Details
- Assessor Parcel Number 066 066 00707
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2024
Closed on
Aug 29, 2024
Sold by
Johnson Marilyn and Phillipy Craig Carter
Bought by
Aoel Investments Llc
Seller's Agent
Ginny Tibbels
REMAX Experts
Buyer's Agent
Ginny Tibbels
REMAX Experts
List Price
$229,900
Sold Price
$167,000
Premium/Discount to List
-$62,900
-27.36%
Total Days on Market
6
Views
57
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
107.05%
Purchase Details
Closed on
Jan 1, 1984
Bought by
Powers Alvin C and Powers Janet
Similar Homes in Somerville, TN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $167,000 | None Listed On Document | |
| Warranty Deed | $7,500 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | Sold | $360,000 | +2.9% | $200 / Sq Ft |
| 04/01/2025 04/01/25 | Pending | -- | -- | -- |
| 03/28/2025 03/28/25 | For Sale | $349,900 | +109.5% | $194 / Sq Ft |
| 08/29/2024 08/29/24 | Sold | $167,000 | -27.4% | $119 / Sq Ft |
| 08/14/2024 08/14/24 | Pending | -- | -- | -- |
| 08/08/2024 08/08/24 | For Sale | $229,900 | -- | $164 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
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 | $414 | $32,025 | $8,850 | $23,175 |
| 2023 | $414 | $32,025 | $0 | $0 |
| 2022 | $414 | $32,025 | $8,850 | $23,175 |
| 2021 | $414 | $32,025 | $8,850 | $23,175 |
| 2020 | $437 | $32,025 | $8,850 | $23,175 |
| 2019 | $437 | $29,000 | $8,850 | $20,150 |
| 2018 | $437 | $29,000 | $8,850 | $20,150 |
| 2017 | $437 | $29,000 | $8,850 | $20,150 |
| 2016 | $446 | $27,800 | $8,850 | $18,950 |
| 2015 | $446 | $27,800 | $8,850 | $18,950 |
| 2014 | $446 | $27,800 | $8,850 | $18,950 |
Source: Public Records
Agents Affiliated with this Home
-
G
Seller's Agent in 2025
Ginny Tibbels
RE/MAX
-
J
Buyer's Agent in 2025
Julie Jenkins
RE/MAX
-
L
Seller Co-Listing Agent in 2024
Lola Putt
RE/MAX
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10178737
APN: 066-007.07
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