$265,000
SOLD JUN 20, 2024

5635 Monk House Rd Somerville, TN 38068

2 Beds
2 Baths
1,000-1,199 Sq Ft
5.5 Acres

Recently Sold

$221 Per Sq Ft

6% Above List Price

7 Days on Market

Highlights

  • Deck
  • Separate Outdoor Workshop
  • Eat-In Kitchen
  • Traditional Architecture
  • 1 Car Attached Garage
  • Laundry Room

About This Home

As of June 2024

5.50 acres with house, a 40x60 barn/shop, a 24x40 barn/shop, a 20x64 dog kennel, partial fencing, two wells, two septic systems, storm shelter in garage. The house has lightning rods. House has not been updated or remodeled but is move in ready. ( Selling as is ) Garage door does not work.

Last Agent to Sell the Property

Will Bowling

Fayette Realty, LLC License #244119 Listed on: 05/06/2024

Last Buyer's Agent

Ashley Wisch

eXp Realty, LLC License #345883

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $409

Year Built

  • Built in 1974

Lot Details

  • 5.5 Acre Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,132 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Partially Carpeted
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Front Facing Garage

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 112 038.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$409

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Jernigan
  • MLS Map #: 654B
  • Number Of Stories: 1
  • Price Per Sq Ft: 234.1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1132
  • Year Built: 1974
  • List Price/ Sq Ft: 220
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Carpet, Vinyl/Luxury Vinyl Floor
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher
  • Living Dining Kitchen: Eat-In Kitchen
  • Misc Interior: All Window Treatments
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Deck, Workshop
  • Exterior Windows: Brick Veneer, Vinyl Siding
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 1
  • Parking Display: G1A
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Electric
  • Water Sewer: Electric Water Heater, Well Water, Septic Tank

Lot Info

  • Lot Description: Some Trees
  • Acreage: 5.5
  • Lot Size: 5.50
  • Price Per Acre: 45273

Multi Family

  • Number Of Rooms: 4

Tax Info

  • Assessor Parcel Number: 112 038.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Jun 17, 2024
Sold by
Ward Arnold John
Bought by
Riemland Kiara
Seller's Agent
Will Bowling
Fayette Realty, LLC
Buyer's Agent
Ashley Wisch
eXp Realty, LLC
List Price
$249,000
Sold Price
$265,000
Premium/Discount to List
$16,000
6.43%
Total Days on Market
7
Views
43
Current Estimated Value
$278,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,450
Avg. Annual Appreciation
5.24%
Original Mortgage
$257,050
Outstanding Balance
$255,142
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$23,308

Purchase Details

Closed on
Jan 9, 1989
Bought by
Arnold John Ward and Arnold Edna M

Purchase Details

Closed on
Jan 1, 1979
Bought by
Scott James D and Scott Donna
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $265,000 None Listed On Document
Warranty Deed $67,500 --
Warranty Deed $42,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $257,050 New Conventional
Previous Owner $89,498 No Value Available
Previous Owner $70,737 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $265,000 +6.4% $265 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $249,000 -- $249 / 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 $409 $31,675 $9,775 $21,900
2023 $409 $31,675 $0 $0
2022 $409 $31,675 $9,775 $21,900
2021 $409 $31,675 $9,775 $21,900
2020 $485 $31,675 $9,775 $21,900
2019 $485 $32,175 $9,775 $22,400
2018 $485 $32,175 $9,775 $22,400
2017 $485 $32,175 $9,775 $22,400
2016 $512 $31,900 $9,775 $22,125
2015 $512 $31,900 $9,775 $22,125
2014 $512 $31,900 $9,775 $22,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10171747

Memphis Area Association of REALTORS®

APN: 112-038.01