NOT LISTED FOR SALE

825 Joann Rd Somerville, TN 38068

Estimated Value: $136,000 - $295,000

4 Beds
2 Baths
1,800-1,999 Sq Ft
$108/Sq Ft Est. Value

Last Sold January 13, 2021

Last sale price $100,000 $50 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,141/month

15 Days on Market

Highlights

  • 5.01 Acre Lot
  • Level Lot
  • 1-Story Property

About This Home

As of January 2021

If acreage in Fayette county is what you want then this may be the place for you. Located on a one entry/exit road, nicely situated between Oakland and Somerville. County only taxes.

Last Agent to Sell the Property

Rae Ann Stimpson

The Carter Group LLC, REALTORS License #274350 Listed on: 10/08/2020

Last Buyer's Agent

Rae Ann Stimpson

The Carter Group LLC, REALTORS License #274350 Listed on: 10/08/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 5.01 Acre Lot
  • Level Lot

Parking

  • Driveway

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,911 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Community Details

  • Morris Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 088 088 04633

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Ranch
  • Detached Unit Type: General Residential
  • Cross Street: Hwy 64
  • MAAR Subdivision Name: MORRIS MANOR
  • List Price Per Sq Ft: 36
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1911
  • Year Built: 1997
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Full Bathrooms: 2

Garage/Parking

  • Parking Storage: Driveway/Pad

Lot Info

  • Lot Description: Level
  • Lot Number: 26
  • Acreage: 5.01
  • Lot Size: 5.01

Tax Info

  • Assessor Parcel Number: 088 088 04633

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Jan 13, 2021
Sold by
Mtglq Investors Lp
Bought by
Hall Heather Jackson
Seller's Agent
Rae Ann Stimpson
The Carter Group LLC, REALTORS
Buyer's Agent
Rae Ann Stimpson
The Carter Group LLC, REALTORS
List Price
$68,000
Sold Price
$100,000
Premium/Discount to List
$32,000
47.06%
Current Estimated Value
$216,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,667
Avg. Annual Appreciation
16.58%
Original Mortgage
$101,594
Outstanding Balance
$90,257
Interest Rate
2.71%
Mortgage Type
Commercial
Estimated Equity
$126,410

Purchase Details

Closed on
Aug 25, 1979
Bought by
Jenkins Andrew F and Jenkins Joyce

Purchase Details

Closed on
Jan 1, 1979
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hall Heather Jackson $100,000 Providence Title Llc
Jenkins Andrew F -- --
-- $12,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Heather Jackson $101,594
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2021 01/13/21 Sold $100,000 +47.1% $56 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $68,000 -- $38 / 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
2025 $193 $26,200 $26,200 --
2024 $193 $14,950 $14,950 --
2023 $193 $14,950 $0 $0
2022 $193 $14,950 $14,950 $0
2021 $446 $34,500 $14,950 $19,550
2020 $488 $34,500 $14,950 $19,550
2019 $488 $32,350 $14,950 $17,400
2018 $503 $33,350 $14,950 $18,400
2017 $503 $33,350 $14,950 $18,400
2016 $520 $32,375 $14,950 $17,425
2015 $520 $32,375 $14,950 $17,425
2014 $520 $32,375 $14,950 $17,425
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rae Ann Stimpson

    The Carter Group LLC, REALTORS

    (901) 753-7222

    101 Total Sales

    Rae Ann Stimpson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10086596

Memphis Area Association of REALTORS®

APN: 088-046.33

Tennessee Fayette County Somerville 38068

825 Joann Rd, Somerville, TN

Not Listed for Sale

Detached

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