NOT LISTED FOR SALE

525 Tate Dr Oakland, TN 38060

Estimated Value: $298,000 - $304,511

3 Beds
2 Baths
1,600-1,799 Sq Ft
$168/Sq Ft Est. Value

Last Sold August 23, 2013

Last sale price $135,000 $75 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,647/month

Highlights

  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Porch
  • Traditional Architecture
  • Great Room
  • 2 Car Attached Garage

About This Home

As of August 2013

three bedroom with fourth or playroom upstairs

Last Agent to Sell the Property

Walter Dunn

Walter Dunn and Associates License #230411 Listed on: 05/24/2013

Co-Listed By

Rachel Dunn Williams

Keller Williams License #262669

Last Buyer's Agent

Hattie Davidson Brawley

2 Rivers Realty, LLC License #310015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $676

Year Built

  • Built in 2007

Lot Details

  • 9,757

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,759 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Factory Built Fireplace
  • Gas Fireplace
  • Great Room
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Sommerset Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 087J 087O D02600

Home Details

Home Type

Single Family

Est. Annual Taxes

$676

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SOMMERSET PH2
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1759
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Shared Bath, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Prefabricated, Ventless Gas Fireplace
  • Floors/Ceilings: Wall to Wall Carpet, Vinyl Floor
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Carpet

Exterior Features

  • Misc Exterior: Porch, Patio
  • 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: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Gas
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Number: 74
  • Lot Size: 9766 SQ FT

Tax Info

  • Assessor Parcel Number: 087J 087O D02600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2013
Closed on
Jul 24, 2013
Sold by
Federal National Mortgage Association
Bought by
King Joseph Allen and King Mindy Elane
Seller's Agent
Walter Dunn
Walter Dunn and Associates
Buyer's Agent
Hattie Davidson Brawley
2 Rivers Realty, LLC
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%
Current Estimated Value
$301,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,878
Avg. Annual Appreciation
6.79%
Original Mortgage
$139,795
Interest Rate
4.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2013
Sold by
Feeney Daniel R
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Jun 15, 2007
Sold by
Geneva Homes Inc
Bought by
Feeney Daniel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,750
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2006
Bought by
Geneva Homes Inc
Source: Public Records

Range of Values:

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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
King Joseph Allen $135,000 --
Federal National Mtg Associati $136,585 --
Feeney Daniel R $164,750 --
Feeney Daniel R $164,750 --
Geneva Homes Inc $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Joseph Allen $139,795
Previous Owner Feeney Daniel R $164,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2013 08/23/13 Sold $135,000 -9.9% $84 / Sq Ft
07/08/2013 07/08/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $149,900 -- $94 / Sq Ft
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 $676 $53,350 $9,500 $43,850
2023 $1,378 $53,350 $0 $0
2022 $914 $53,350 $9,500 $43,850
2021 $914 $53,350 $9,500 $43,850
2020 $614 $53,350 $9,500 $43,850
2019 $827 $40,750 $8,000 $32,750
2018 $850 $40,750 $8,000 $32,750
2017 $725 $40,750 $8,000 $32,750
2016 $711 $37,350 $7,500 $29,850
2015 $711 $37,350 $7,500 $29,850
2014 $711 $37,350 $7,500 $29,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3272500

Memphis Area Association of REALTORS®

APN: 087J-D-026.00