NOT LISTED FOR SALE

700 Jernigan Dr Somerville, TN 38068

Estimated Value: $296,000 - $453,000

3 Beds
3 Baths
2,200-2,399 Sq Ft
$151/Sq Ft Est. Value

Last Sold March 02, 2020

Last sale price $140,000 $58 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,911/month

14 Days on Market

Highlights

  • 2.99 Acre Lot
  • Wood Flooring
  • Bonus Room
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Great Room

About This Home

As of March 2020

Charming Farm House on 2.99 acres.. 3 bedroom 3 baths, workshop and storage building

Last Agent to Sell the Property

Loretta Martin

Chamberwood Realty Group License #254808 Listed on: 01/23/2020

Last Buyer's Agent

Lisa Stephens

Chamberwood Realty Group License #317025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 2.99 Acre Lot
  • Chain Link Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,318 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • Some Wood Windows
  • Window Treatments
  • Great Room
  • Living Room
  • Breakfast Room
  • Bonus Room
  • Play Room
  • Iron Doors
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • Workshop in Garage
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Hawkins Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 090 090 04103

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

2.99 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: hwy 64
  • MAAR Subdivision Name: HAWKINS
  • List Price Per Sq Ft: 69
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2318
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Primary Bedroom, 2nd Bedroom, 1 Bath, 2 or More Baths
  • Second Story Floor Plan: 3rd Bedroom, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Level 1, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedroom 4 Description: Tile Floor
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Sprayed Ceiling
  • Full Bathrooms: 3
  • Equipment: Dishwasher, Cable Wired
  • Living Dining Kitchen: Great Room, Separate Breakfast Room, Pantry, Washer/Dryer Connections
  • Misc Interior: Excl Some Window Treatmnt
  • Other Rooms: Laundry Room, Play Room, Bonus Room
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Tile Floor, Hardwood Floor, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Porch, Patio
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad, Workshop(s)

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central
  • Water Sewer: Electric Water Heater, Public Water

Lot Info

  • Lot Description: Some Trees, Level, Chain Fenced
  • Lot Number: 1
  • Acreage: 2.99
  • Lot Size: 2.99 acres

Tax Info

  • Assessor Parcel Number: 090 090 04103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Mar 2, 2020
Sold by
Moynihan Joseph and Moynihan Mary
Bought by
Wilkerson Steven N and Wilkerson Stephanie Bishop
Seller's Agent
Loretta Martin
Chamberwood Realty Group
Buyer's Agent
Lisa Stephens
Chamberwood Realty Group
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%
Current Estimated Value
$363,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,084
Avg. Annual Appreciation
17.34%
Original Mortgage
$142,424
Outstanding Balance
$125,296
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$237,788

Purchase Details

Listed on
Mar 11, 2016
Closed on
Sep 6, 2016
Sold by
Wilmington Savings Fund So
Bought by
Moynihan Joseph and Moynihan Mary
Seller's Agent
Sandra Irby
Keller Williams
Buyer's Agent
Kim Hairrell
Crye-Leike Inc., REALTORS
List Price
$139,900
Sold Price
$77,500
Premium/Discount to List
-$62,400
-44.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.43%
Original Mortgage
$100,942
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2015
Sold by
Kutz Larry H
Bought by
Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
Sep 4, 2008
Sold by
Kutz Larry H
Bought by
Kutz Larry H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,030
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 29, 2003
Sold by
Hawkins Ava
Bought by
Kutz Larry H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.15%

Purchase Details

Closed on
Mar 8, 1991
Bought by
Southern Jason C
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
Wilkerson Steven N $140,000 River Bluff Title Llc
Moynihan Joseph $77,500 --
Wilmington Savings Fund Society Fsb -- --
Kutz Larry H -- --
Kutz Larry H -- --
Kutz Larry H $130,000 --
Southern Jason C $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkerson Steven N $142,424
Previous Owner Moynihan Joseph $100,942
Previous Owner Kutz Larry H $205,030
Previous Owner Southern Jason C $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2020 03/02/20 Sold $140,000 -12.4% $64 / Sq Ft
01/23/2020 01/23/20 For Sale $159,900 +106.3% $73 / Sq Ft
11/04/2016 11/04/16 Sold $77,500 -44.6% $35 / Sq Ft View Prior Sale
08/25/2016 08/25/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $139,900 -- $64 / 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 $554 $65,350 $13,950 $51,400
2024 $554 $46,850 $10,275 $36,575
2023 $1,210 $46,850 $0 $0
2022 $882 $46,850 $10,275 $36,575
2021 $882 $46,850 $10,275 $36,575
2020 $917 $46,850 $10,275 $36,575
2019 $917 $41,900 $10,275 $31,625
2018 $917 $41,900 $10,275 $31,625
2017 $917 $41,900 $10,275 $31,625
2016 $931 $40,200 $10,275 $29,925
2015 $931 $40,200 $10,275 $29,925
2014 $931 $40,200 $10,275 $29,925
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10069486

Memphis Area Association of REALTORS®

APN: 090-041.03

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