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30 Rachel Cove

30 Rachel Cove, Somerville, TN 38068
Property in Fayette
Sold Apr 09, 2020
$195,000
$136,000 by Bancorpsouth Bank
Mortgage Due May 01, 2050
Sold Dec 07, 2005
$162,900
30 Rachel Cove in Somerville, TN was first built in 2005 and is 19 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 custom style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 30 Rachel Cove has 2,309 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 43,560 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 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. For those who need parking, there is a attached garage. The garage is 441 sqft. There are a total of 2 available parking spaces. 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 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 30 Rachel Cove was last sold in Apr 7, 2020 for $195,000. According to our calculations, that's $70.91 per sqft. Prior to that sales transaction, the property was sold for $162,900 in Jan 1, 1970. Current property owners are expected to pay $1,370 in taxes per year. The property on 30 Rachel Cove was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $53,025. To break that down further, the land itself was valued at $10,000. While improvements to the property were assessed at a total of $43,025. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • 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: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,750
  • Gross Building Area: 2,750
  • Building Area: 2,309
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,309
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WILLOW CREST SUBD
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WILLOW CREST SUBD PB: 8 PG: 71 LOT: 40 PHASE 2 10649.52 SQ FT

Ownership

  • Current Owner : DAVIS RONNIE G
  • Previous Owner : DAVIS RON
  • Previous Owner 2: DAVIS EDNA
  • Owner Before Previous Owner: GENEVA HOMES INC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Fayette County School District
  • School Tax School District: 24548
  • Census Tract: 060404

Geography

  • Assessors Map Reference: 087F
  • District: 08
  • Parcel: 087F-C-031.00
  • Lot: 40
  • Municipality: OAKLAND
  • Latitude: 35.2345
  • Longitude: -89.4898

    Address

  • Full Address: 30 Rachel Cv
  • Address - House Number: 30
  • Address - Street Name: Rachel
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Somerville
  • Carrier Code: R006
  • 4-Digit Zip Code: 6097
  • Zip Code: 38068

Valuation

    Tax

  • Total Area: 1,511
  • Tax Year: 2023
  • Tax Amount: $1,370
  • Tax Rate Code Area: 24A07

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 455,562
  • High Value: 664,726
  • Low Value: 246,397

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $136,000
  • First Open Lien Mortgage Lender: BANCORPSOUTH BANK
  • First Open Lien Mortgage Recording Date: Apr 09, 2020
  • First Open Lien Mortgage Loan Amount: $136,000
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $212,100
  • Market Land Value: $40,000
  • Market Improvement Value: $172,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $53,025
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $43,025

    Sales

  • Current Sale Contract Date: Apr 07, 2020
  • Current Sale Recording Date: Apr 09, 2020
  • Current Sale Transaction ID: 11754721448
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20002467
  • Previous Sale Recording Date: Dec 07, 2005
  • Previous Sale Amount: $162,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANCORPSOUTH BANK
  • First Mortgage Transaction Date: Apr 09, 2020
  • First Mortgage Loan Amount: $136,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

About Oakland



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Frequently Asked Questions

What neighborhood is 30 Rachel Cove located in?
The 30 Rachel Cove is a located in the neighborhood of Fayette in Oakland, Somerville.
What is the average sales price for listings in 30 Rachel Cove?
The average sales price for units in 30 Rachel Cove is $0 currently.

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