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409 Oak Street

409 Oak Street, Somerville, TN 38068
Property in Fayette
Sold Jul 07, 2023
$255,500
$242,725 by Bank Of England
Mortgage Due Jul 01, 2053
Sold Feb 22, 2023
$226,072
Local assessors in Somerville, TN have categorized 409 Oak Street as a residential type of property. The home was built in 1949 and is 75 years old. It was most recently renovated and altered in 2007. 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 2,250 ft and the front of the lot was measured at 900 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 409 Oak Street has a total of 2,521 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 carport for those who need a place to park their vehicle. The garage on the property is 493 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 unknown 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. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 13, 2023 for $255,500. That's $101.35 per sqft. Prior to that sales transaction, the property was also sold in Feb 9, 2023 for $226,072. 409 Oak Street was last assessed in 2024. The total value of the property was assessed at $49,000. Specifically, the land the property is located on was valued at $4,500. While improvements on the property were assessed at a total of $44,500. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,266. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 2007
  • 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
  • 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: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 493
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 2,250
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,521
  • Gross Building Area: 2,521
  • Building Area: 2,521
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,521
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GIS 2000 90G A 7.00 90MX225M IRR MB J PAGE 18

Ownership

  • Current Owner : HARRIS SARAH
  • Previous Owner : SECRETARY OF VETERANS AFFAIRS
  • Owner Before Previous Owner: TENNESSEE HOUSING DEVELOPMENT AGENCY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Geography

  • Assessors Map Reference: 090G
  • District: 01
  • Parcel: 090G-A-027.00
  • Municipality: SOMERVILLE
  • Latitude: 35.2402
  • Longitude: -89.3551

    Address

  • Full Address: 409 Oak St
  • Address - House Number: 409
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: TN
  • City Name: Somerville
  • Carrier Code: C001
  • 4-Digit Zip Code: 1515
  • Zip Code: 38068

Valuation

    Tax

  • Total Area: 2,185
  • Tax Year: 2023
  • Tax Amount: $1,266
  • Tax Rate Code Area: 24A10

    Appraisal Valuation

  • Standard Deviation: 0.2653
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 62
  • Final Value: 314,789
  • High Value: 398,323
  • Low Value: 231,254

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $242,725
  • First Open Lien Mortgage Lender: BANK OF ENGLAND
  • First Open Lien Mortgage Recording Date: Jul 07, 2023
  • First Open Lien Mortgage Loan Amount: $242,725
  • 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, 2053

    Market Valuation

  • Market Total Value: $196,000
  • Market Land Value: $18,000
  • Market Improvement Value: $178,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $49,000
  • Assessed Land Value: $4,500
  • Assessed Improvements Value: $44,500

    Sales

  • Current Sale Contract Date: Jun 13, 2023
  • Current Sale Recording Date: Jul 07, 2023
  • Current Sale Transaction ID: 11908914607
  • Current Sale Price: $255,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 3882
  • Previous Sale Recording Date: Feb 22, 2023
  • Previous Sale Contract Date: Feb 09, 2023
  • Previous Sale Amount: $226,072
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF ENGLAND
  • First Mortgage Transaction Date: Jul 07, 2023
  • First Mortgage Loan Amount: $242,725
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

About Somerville



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Nearby Rentals

Unit for rent at 16145 Hwy 64, Somerville, TN, 38068

$1,500 /mo

  • 2 Beds
  • 1 Bath
16145 Hwy 64, Somerville, TN, 38068 Listing by Allen Green

Frequently Asked Questions

What neighborhood is 409 Oak Street located in?
The 409 Oak Street is a located in the neighborhood of Fayette in Somerville, Somerville.
What is the average sales price for listings in 409 Oak Street?
The average sales price for units in 409 Oak Street is $0 currently.

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