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203 North East Street

203 North East Street, Somerville, TN 38068
Commercial in Fayette
203 North East Street in Somerville, TN was first built in 1962 and is 62 years old. This has been categorized as a commercial property type. For those interested in architecture, the building on the property was built in a custom style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 203 North East Street has 3,072 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. The linear feet across the front of the lot is 1,300 ft and the linear feet between the front and back of the lot is 2,250. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. The home has a gambrel style roof made of asphalt and ply sheets in a built-up roof style. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete block. While the interior walls are made of paneling. Walk inside and you'll find flooring throughout the home. As for heating, the home is utilizing a heating system. 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, 203 North East Street sold most recently in Jan 1, 1970 for a total of $24,500. If you work out the math, that's approximately a cost of $7.98 per sqft. Before that, the property was also sold for $35,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $372 in taxes each year. 203 North East Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $14,440. If we break it down further, the land itself was valued at $2,600. Improvements to the property, however, were assessed at a total of $11,840. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200806
08/06/2020
Loft
-
-
$85,000
bedrooms
Loft
bathrooms
-
-
-
-
Melba Jones
KAIZEN Realty, LLC

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gambrel
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Floor Cover: Tile
  • Basement Type: Unfinished basement
  • Basement Area: 1,536
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 2,250
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 3,072
  • Gross Building Area: 3,072
  • Building Area: 3,072
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 3,072
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Land Acres: 1
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: GIS 2000 90C C 56.01; ADDRESS 203 & 205 130X225 IRR

Ownership

  • Current Owner : MORRIS ERNEST
  • Previous Owner : MORRIS BOBBY
  • Owner Generation Identifier: SR

Neighborhood

  • School District Name: Fayette County School District
  • School Tax School District: 24680
  • Census Tract: 060502

Zoning

  • Zoning: GM

Geography

  • Assessors Map Reference: 090C
  • District: 01
  • Parcel: 090C-C-057.00
  • Municipality: SOMERVILLE
  • Latitude: 35.2447
  • Longitude: -89.3486

    Address

  • Full Address: 203 N East St
  • Address - House Number: 203
  • Street Direction: N
  • Address - Street Name: East
  • Address - Suffix Type: St
  • State: TN
  • City Name: Somerville
  • Zip Code: 38068

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $372
  • Tax Rate Code Area: 24A10

    Market Valuation

  • Market Total Value: $36,100
  • Market Land Value: $6,500
  • Market Improvement Value: $29,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $14,440
  • Assessed Land Value: $2,600
  • Assessed Improvements Value: $11,840

    Sales

  • Current Sale Recording Date: May 24, 1999
  • Current Sale Transaction ID: 1156065407
  • Current Sale Price: $24,500
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Dec 08, 1989
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: Warranty Deed

About Somerville



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 203 North East Street located in?
The 203 North East Street is a commercial located in the neighborhood of Fayette in Somerville, Somerville.
What is the average sales price for listings in 203 North East Street?
The average sales price for units in 203 North East Street is $0 currently.

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