See Home Value
$247,487*
House - Off Market

50 NICHOLAS

Somerville, TN 38068
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$198,000 - $240,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Aug 17, 2022
$250,000
$250,000 by Rural Housing Service
Mortgage Due Aug 16, 2055
Sold Jun 25, 2021
$219,900
$222,121 by Caliber Home Loans Inc
Mortgage Due Jul 01, 2051

About This Property

New 4 Bedroom 2.5 bath Brick home in Fayette under $220K! Kitchen: Granite counters, stainless steel appliances. Flooring is Hardwood Laminate in Family Room & Kitchen, Tile in Bathrooms. 2" Faux Wood blinds on all interior windows. Ceiling Fans in Fam Rm & Master Bedroom. Master Bath: Sep Tub & Shower, double vanities, Granite Tops & Tile floor. Gas fireplace in Family Room.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$97
HOA Dues
-
Year Built
2021

Price History

Date / Event Date Event Price
Aug 17, 2022 Sold to Tasharin C Mcneal $250,000
Sold to Tasharin C Mcneal
Oct 6, 2021 No longer available -
No longer available
Jun 25, 2021 Sold to Andrew L Gilmer $219,900
Sold to Andrew L Gilmer
Apr 17, 2021 In contract -
In contract
Apr 12, 2021 Listed $219,900
Listed

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • 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-
  • 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
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 404
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,015
  • Gross Building Area: 2,015
  • Building Area: 1,611
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,611
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NICHOLAS PLACE
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NICHOLAS PLACE PB: 11 PG: 178 LOT: 23 OUT OF 12.05 5809 SQ FT

Ownership

  • Current Owner : MCNEAL TASHARIN C
  • Previous Owner : GILMER ANDREW L
  • Owner Before Previous Owner: TOP HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 090F
  • District: 01
  • Parcel: 090F-C-012.30
  • Lot: 23
  • Municipality: SOMERVILLE
  • Latitude: 35.2412
  • Longitude: -89.3438

    Address

  • Full Address: 50 Nicholas Dr
  • Address - House Number: 50
  • Address - Street Name: Nicholas
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Somerville
  • Carrier Code: C001
  • 4-Digit Zip Code: 1681
  • Zip Code: 38068

Valuation

    Tax

  • Total Area: 1,057
  • Tax Year: 2023
  • Tax Amount: $1,334
  • Tax Rate Code Area: 24A10

    Appraisal Valuation

  • Standard Deviation: 0.2671
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 61
  • Final Value: 267,044
  • High Value: 338,382
  • Low Value: 195,706

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: RURAL HOUSING SERVICE
  • First Open Lien Mortgage Recording Date: Aug 17, 2022
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 395
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 16, 2055

    Market Valuation

  • Market Total Value: $206,700
  • Market Land Value: $19,800
  • Market Improvement Value: $186,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $51,675
  • Assessed Land Value: $4,950
  • Assessed Improvements Value: $46,725

    Sales

  • Current Sale Contract Date: Aug 16, 2022
  • Current Sale Recording Date: Aug 17, 2022
  • Current Sale Transaction ID: 11894563783
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6519
  • Previous Sale Recording Date: Jun 25, 2021
  • Previous Sale Contract Date: Jun 01, 2021
  • Previous Sale Amount: $219,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RURAL HOUSING SERVICE
  • First Mortgage Transaction Date: Aug 17, 2022
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 395
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 16, 2055

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Jun 25, 2021
  • Previous Mortgage Loan Amount: $222,121
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Somerville


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 126 W North St Apt 3, Somerville, TN, 38068

$660 /mo

  • Studio
  • 1 Bath
  • 550 ft²
126 W North St Apt 3, Somerville, TN, 38068 Listing by Manager


Frequently Asked Questions

When was property at 50 Nicholas Drive built and last sold?
The property at 50 Nicholas Drive was built in 2021 and last sold on Aug 16, 2022 for $250,000.
How much is this home worth?
The estimated value of the home located at 50 Nicholas Drive is $222,099.
What are some comparable homes to 50 Nicholas Drive?
There are currently no comparable homes to 50 Nicholas Drive.

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