Check Availability

15 Meadowland Lane

15 Meadowland Lane, Somerville, TN 38068
Property in Fayette
1 Units For Sale
Unit for sale at 15 MEADOWLAND, Somerville, TN 38068

$295,000 ↓ $4K

  • 3 Beds
  • 2.5 Baths
15 MEADOWLAND, Somerville, TN 38068 Listing by Christine Lundy

15 Meadowland Lane has been categorized by the local assessors in Somerville, TN as a residential type of property. The building on the property was first built in 2013 and is 11 years old. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 15 Meadowland Lane has 2,201 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 43,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B- by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 15 Meadowland Lane was last sold in Aug 30, 2023 for $285,000. According to our calculations, that's $109.57 per sqft. Prior to that sales transaction, the property was sold for $292,500 in Mar 19, 2021. Current property owners are expected to pay $1,686 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2017. The property on 15 Meadowland Lane was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $65,275. To break that down further, the land itself was valued at $6,250. While improvements to the property were assessed at a total of $59,025. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

Building Features

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210107
01/07/2021
3 Bed
3 Bath
-
$299,000
bedrooms
3 Bed
bathrooms
3 Bath
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: B-
  • 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
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,601
  • Gross Building Area: 2,601
  • Building Area: 2,201
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,201
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THE MEADOWS
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE MEADOWS PB: 11 PG: 160 LOT: 4 PHASE I 14448 SQ FT

Ownership

  • Current Owner : HARRISON JONATHAN S
  • Current Owner 2: HARRISON VALARIE J
  • Previous Owner : MONTGOMERY STREET HOMES II LLC
  • Owner Before Previous Owner: ELLIS BOBBY
  • Ownership Rights Codes: unknown

Neighborhood

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

Geography

  • Assessors Map Reference: 078M
  • District: 01
  • Parcel: 078M-A-004.00
  • Lot: 4
  • Municipality: SOMERVILLE
  • Latitude: 35.2466
  • Longitude: -89.3831

    Address

  • Full Address: 15 Meadowland Cir N
  • Address - House Number: 15
  • Street Segment Direction: N
  • Address - Street Name: Meadowland
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Somerville
  • Carrier Code: R001
  • 4-Digit Zip Code: 8700
  • Zip Code: 38068

Valuation

    Tax

  • Total Area: 2,201
  • Tax Year: 2023
  • Tax Amount: $1,686
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 24A10

    Appraisal Valuation

  • Standard Deviation: 0.2414
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 66
  • Final Value: 334,910
  • High Value: 415,776
  • Low Value: 254,045

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $242,000
  • First Open Lien Mortgage Lender: COMMUNITY MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Sep 15, 2023
  • First Open Lien Mortgage Loan Amount: $242,000
  • 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: Sep 01, 2053

    Market Valuation

  • Market Total Value: $261,100
  • Market Land Value: $25,000
  • Market Improvement Value: $236,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $65,275
  • Assessed Land Value: $6,250
  • Assessed Improvements Value: $59,025

    Sales

  • Current Sale Contract Date: Aug 30, 2023
  • Current Sale Recording Date: Sep 15, 2023
  • Current Sale Transaction ID: 11913073715
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5308
  • Previous Sale Recording Date: Mar 31, 2021
  • Previous Sale Contract Date: Mar 19, 2021
  • Previous Sale Amount: $292,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Sep 15, 2023
  • First Mortgage Loan Amount: $242,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

About Somerville



Similar Buildings

Property at 15 Meadowland Lane,

45 Sydney Circle

  • 1 Unit for Sale
45 Sydney Circle, Somerville, TN 38068
Property at 15 Meadowland Lane,

10 Meadowland Lane

  • 4 Units for Sale
10 Meadowland Lane, Somerville, TN 38068
Property at 15 Meadowland Lane,

50 Sydney Circle

  • 1 Unit for Sale
50 Sydney Circle, Somerville, TN 38068
Property at 15 Meadowland Lane,

55 Sydney Circle

  • 1 Unit for Sale
55 Sydney Circle, Somerville, TN 38068
Property at 15 Meadowland Lane,

75 Meadowland Lane

  • 1 Unit for Sale
75 Meadowland Lane, Somerville, TN 38068
Property at 15 Meadowland Lane,

85 Meadowland Lane

  • 1 Unit for Sale
85 Meadowland Lane, Somerville, TN 38068
Property at 15 Meadowland Lane,

20 Jacobs Court

  • 1 Unit for Sale
20 Jacobs Court, Somerville, TN 38068

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 15 Meadowland Lane located in?
The 15 Meadowland Lane is a located in the neighborhood of Fayette in Somerville, Somerville.
How many listings are currently for sale in 15 Meadowland Lane?
There is a listing currently on the market for sale.
What is the average sales price for listings in 15 Meadowland Lane?
The average sales price for units in 15 Meadowland Lane is $295,000 currently.

Quantcast