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1360 Karcher Road

1360 Karcher Road, Somerville, TN 38068
House in Fayette
Sold Jun 18, 2021
$310,000
$248,000 by Midwest Community Bank
Mortgage Due Jul 01, 2051
Sold Mar 10, 1995
$18,500
1360 Karcher Road in Somerville, TN was first built in 1995 and is 29 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1360 Karcher Road has 1,601 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 271,814 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 896 sqft. There are a total of 3 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B-. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1360 Karcher Road was last sold in Jun 14, 2021 for $310,000. According to our calculations, that's $124.15 per sqft. Prior to that sales transaction, the property was sold for $18,500 in Jan 1, 1970. Current property owners are expected to pay $794 in taxes per year. The property on 1360 Karcher Road was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $61,450. To break that down further, the land itself was valued at $18,650. While improvements to the property were assessed at a total of $42,800. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Garage Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: B-
  • 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: Attached
  • Garage Square Area: 896
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 271,814
  • Total Building Area: 2,497
  • Gross Building Area: 2,697
  • Building Area: 1,601
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,601
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: QUAIL MEADOWS SUBD
  • Land Acres: 6.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: QUAIL MEADOWS SUBD PB: 6 PG: 16 LOT: 3 PHASE I

Ownership

  • Current Owner : GROVE TAYLOR
  • Current Owner 2: GROVE AMANDA
  • Previous Owner : DOUGLASS BILLY JACK
  • Previous Owner 2: DOUGLASS MELISSA ANN
  • Owner Before Previous Owner: THOMAS WILLIAM H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

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

Geography

  • Assessors Map Reference: 078
  • District: 08
  • Parcel: 078-021.03
  • Lot: 3
  • Latitude: 35.2515
  • Longitude: -89.4197

    Address

  • Full Address: 1360 Karcher Rd
  • Address - House Number: 1360
  • Address - Street Name: Karcher
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Somerville
  • Carrier Code: R003
  • 4-Digit Zip Code: 5672
  • Zip Code: 38068

Valuation

    Tax

  • Total Area: 1,601
  • Tax Year: 2023
  • Tax Amount: $794
  • Tax Rate Code Area: 24A00

    Appraisal Valuation

  • Standard Deviation: 0.2414
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 66
  • Final Value: 367,667
  • High Value: 456,441
  • Low Value: 278,892

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $248,000
  • First Open Lien Mortgage Lender: MIDWEST COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Jun 18, 2021
  • First Open Lien Mortgage Loan Amount: $248,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $245,800
  • Market Land Value: $74,600
  • Market Improvement Value: $171,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $61,450
  • Assessed Land Value: $18,650
  • Assessed Improvements Value: $42,800

    Sales

  • Current Sale Contract Date: Jun 14, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Transaction ID: 11840569355
  • Current Sale Price: $310,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21005626
  • Previous Sale Recording Date: Mar 10, 1995
  • Previous Sale Amount: $18,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDWEST COMMUNITY BANK
  • First Mortgage Transaction Date: Jun 18, 2021
  • First Mortgage Loan Amount: $248,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

About Fayette



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Frequently Asked Questions

What neighborhood is 1360 Karcher Road located in?
The 1360 Karcher Road is a house located in the neighborhood of Fayette in Fayette, Somerville.
What is the average sales price for listings in 1360 Karcher Road?
The average sales price for units in 1360 Karcher Road is $0 currently.

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