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11995 South Main Street

11995 South Main Street, Somerville, TN 38068
Property in Fayette
Sold Mar 05, 2021
$170,000
$164,900 by Patriot Bank
Mortgage Due Mar 01, 2051
Sold Sep 11, 2019
$110,000
Local assessors in Somerville, TN have categorized 11995 South Main Street as a residential type of property. The home was built in 1965 and is 59 years old. It was most recently renovated and altered in 1986. The property's lot size has been calculated to be 43,560 square feet. The linear feet between the front and back of the lot was measured at 2,020 ft and the front of the lot was measured at 1,740 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 11995 South Main Street has a total of 1,240 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. The home's a radiant heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 11995 South Main Street sold most recently in Feb 18, 2021 for a total of $170,000. If you work out the math, that's approximately a cost of $137.10 per sqft. Before that, the property was also sold for $110,000 in Sep 11, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $716 in taxes each year. 11995 South Main Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $27,700. If we break it down further, the land itself was valued at $6,400. Improvements to the property, however, were assessed at a total of $21,300. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 2,020
  • Lot Size Frontage Feet: 1,740
  • Total Building Area: 1,240
  • Gross Building Area: 1,240
  • Building Area: 1,240
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Radiant
  • Heated Square Feet: 1,240
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LOT 1
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT: 1 GIS 2000 90N B 17.00 202

Ownership

  • Current Owner : OLSON DANE EDWARD
  • Previous Owner : ONYEMA BETTY J
  • Owner Before Previous Owner: DEES DAVID W
  • Owner Before Previous Owner 2: DEES KATHLEEN F
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fayette County School District
  • School Tax School District: 24680
  • Census Tract: 060501

Geography

  • Assessors Map Reference: 090K
  • District: 01
  • Parcel: 090K-E-017.00
  • Lot: 1
  • Municipality: SOMERVILLE
  • Latitude: 35.2293
  • Longitude: -89.3507

    Address

  • Full Address: 11995 S Main St
  • Address - House Number: 11995
  • Street Direction: S
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: TN
  • City Name: Somerville
  • Carrier Code: C001
  • 4-Digit Zip Code: 2121
  • Zip Code: 38068

Valuation

    Tax

  • Total Area: 1,240
  • Tax Year: 2023
  • Tax Amount: $716
  • Tax Rate Code Area: 24A10

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 415,890
  • High Value: 606,839
  • Low Value: 224,940

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $164,900
  • First Open Lien Mortgage Lender: PATRIOT BANK
  • First Open Lien Mortgage Recording Date: Mar 05, 2021
  • First Open Lien Mortgage Loan Amount: $164,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $110,800
  • Market Land Value: $25,600
  • Market Improvement Value: $85,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $27,700
  • Assessed Land Value: $6,400
  • Assessed Improvements Value: $21,300

    Sales

  • Current Sale Contract Date: Feb 18, 2021
  • Current Sale Recording Date: Mar 05, 2021
  • Current Sale Transaction ID: 11823745367
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21002080
  • Previous Sale Recording Date: Sep 11, 2019
  • Previous Sale Contract Date: Sep 11, 2019
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PATRIOT BANK
  • First Mortgage Transaction Date: Mar 05, 2021
  • First Mortgage Loan Amount: $164,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 11995 South Main Street located in?
The 11995 South Main Street is a located in the neighborhood of Fayette in Somerville, Somerville.
What is the average sales price for listings in 11995 South Main Street?
The average sales price for units in 11995 South Main Street is $170,000 currently.

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