NOT LISTED FOR SALE

4970 Highway 195 Somerville, TN 38068

Estimated Value: $106,000 - $358,000

23 Acres
$9,940 Price per Acre
983,585 Sq Ft Lot

Last Sold February 27, 2015

Last sale price $130,000

Est. 73% increase in value since last sale

Current estimated payment $1,247/month

166 Days on Market

Highlights

  • Barn
  • Livestock
  • Fenced
  • Lake, Pond or Stream
  • Outdoor Storage
  • Lot Has A Rolling Slope

About This Lot

As of February 2015

22.58 acres of rolling land that is mostly fenced for horses or cattle, nice metal workshop and horse barn. Also, has small lake on front of property.

Last Agent to Sell the Property

Lola Putt

REMAX Experts License #255590 Listed on: 08/08/2014

REMAX Experts

Co-Listed By

Laurie Scott

John Green & Co., REALTORS License #308759

Last Buyer's Agent

Lola Putt

REMAX Experts License #255590 Listed on: 08/08/2014

REMAX Experts

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $218

Lot Details

  • 22.58 Acre Lot
  • Rural Setting
  • Fenced
  • Lot Has A Rolling Slope

Farming

  • Barn
  • Livestock

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 109 109 02417 & 109 109 02418

Community Details

Overview

  • No Known Subdivision
  • The community has rules related to allowing corporate owners

Recreation

  • Lake, Pond or Stream
  • Outdoor Storage

Property Details

Property Type

Land

Est. Annual Taxes

$218

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: Rural
  • MLS Map #: 653B
  • MAAR Subdivision Name: No Known
  • Corporate Own: Yes
  • Price Per Sq Ft: 5757.31
  • Miscellaneous: Pond/Lake, Livestock Allowed
  • Special Features: 20
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved, Rural

Utilities

  • Utilities: Well, Electricity, Septic Tank

Lot Info

  • Acreage: 22.58
  • Lot Size: 22.58 acres
  • Price Per Acre: 6599
  • Zoning: RES
  • Improvements: Fenced
  • Lots Available: 1 Only
  • Present Structure: Barn, Storage Building
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Rolling
  • Zoning Of Adjacent Area: Single Family, Rural, Greenbelt

Tax Info

  • Assessor Parcel Number: 109 109 02417 & 109 109 02418

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2014
Closed on
Feb 5, 2015
Sold by
Trustmakr National Bank
Bought by
French Michael C
Seller's Agent
Lola Putt
REMAX Experts
Buyer's Agent
Lola Putt
REMAX Experts
List Price
$149,000
Sold Price
$130,000
Premium/Discount to List
-$19,000
-12.75%
Current Estimated Value
$224,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,454
Avg. Annual Appreciation
8.07%

Purchase Details

Closed on
Sep 9, 2013
Sold by
Kee Robert Leslie
Bought by
Somerville Bank & Trust Co

Purchase Details

Closed on
Sep 13, 1999
Sold by
Kee Richard W
Bought by
Kee Robert Leslie
Source: Public Records

Range of Values:

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Average Value
Not Available
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
French Michael C $130,000 --
Somerville Bank & Trust Co $134,571 --
Kee Robert Leslie $25,000 --
Kee Richard W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed French Michael C $51,134
Previous Owner Leslie Kee Robert $76,012
Previous Owner Kee Robert L $45,540
Previous Owner Kee Robert L $25,417
Previous Owner Kee Robert L $151,094
Previous Owner Kee Robert L $20,477
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $130,000 -12.8% --
01/21/2015 01/21/15 Pending -- -- --
08/08/2014 08/08/14 For Sale $149,000 -- --
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 $218 $16,850 $9,425 $7,425
2023 $145 $11,250 $0 $0
2022 $145 $11,250 $9,425 $1,825
2021 $145 $11,250 $9,425 $1,825
2020 $197 $11,250 $9,425 $1,825
2019 $197 $13,075 $8,700 $4,375
2018 $197 $13,075 $8,700 $4,375
2017 $197 $13,075 $8,700 $4,375
2016 $216 $13,475 $8,625 $4,850
2015 $216 $13,475 $8,625 $4,850
2014 $196 $12,225 $7,375 $4,850
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lola Putt

    RE/MAX

    Section Image
  • Laurie Scott

    Seller Co-Listing Agent in 2015

    Laurie Scott

    John Green & Co., REALTORS

    (901) 849-4419

    63 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9933393

Memphis Area Association of REALTORS®

APN: 109-024.17

Tennessee Fayette County Somerville 38068

4970 Highway 195, Somerville, TN

This home is located at 4970 Highway 195, Somerville, TN 38068 since 08 August 2014 and is currently estimated at $224,454. 4970 Highway 195 is a home located in Fayette County with nearby schools including Buckley-Carpenter Elementary School, East Junior High School, and Fayette Ware Comprehensive High School.

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