7 months on rocket

1300 Tripp Rd, Somerville, TN, 38068

$1,950,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
Townhouse
Schools Nearby

Location

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1300 Tripp Rd, Somerville$1,950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDriveway/Pad, Storage Room(s), Workshop(s)
Year Built1998
HeatingCentral, Other
CoolingCentral Air
BasementYes
WaterfrontPond
FireplaceMasonry
ViewTrees/Woods
MLS #10156832
Lot Size178.84 Acres
StatusActive

About 1300 Tripp Rd

Lake View Farm is a remarkable 178 acres with 2 Lakes, 3 Ponds, 2 Metal Side Sheds with an abundance of Wildlife. Owner financing available to qualified buyer with $500,000 down on 3% interest. 2800 Sq. Ft. Two-Story Home with 3BR/2BA Downstairs, Office & 2BR/1BA Upstairs. The home overlooks a beautiful 10+ acre lake. The property also contains 50 Acres of revenue generating row crop along with large sections of pasture & timber.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1998
  • Stories: 2

Listing Office:

  • Office Name: Ferge Auction & Realty, LLC

Interior Features

Interior Information:

  • Appliances: Range, Oven, Disposal, Dishwasher
  • Basement: Yes
  • Flooring Type: Part Carpet, Vinyl/Luxury Vinyl Floor
  • Fireplace: Masonry

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Pond
  • View: Trees/Woods
  • Exterior: Porch, Deck

Parking Information:

  • Parking: Driveway/Pad, Storage Room(s), Workshop(s)

Lot Features

Lot Information:

  • Lot: Wooded, Fencing
  • Lot Size: 178.84 Acres

Utilities

Utilities Information:

  • Heating: Central, Other
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Fayette Ware Comprehensive High School, Public District Grades 9-12
  • East Jr. High School, Public District Grades 6-8

Other

Directions Information:

  • Directions: From Somerville, TN Court Square Go East on US Hwy 64, 10 Miles to Ina Rd. turn Left (North) on Ina Rd. Keep Straight 7 miles, Tripp Rd will be on the left. 1300 Tripp Road - on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,950,000

Tax Information:

  • Annual Amount: $1,424
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Somerville, TN.

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Somerville, TN

City

Med. Sold Price

$337.9K

# of Sold Homes

9

1300 Tripp Rd vs Somerville

231 DAYS ON ROCKET

$1,950,000

+$1.6M More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price in Somerville, TN.

Based on homes sold in April 2024

MLS Details

MLS Information:

  • MLS Number: #10156832

Listing Office:

  • Office Name: Ferge Auction & Realty, LLC

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 12:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 29, 1992Home Sold
$80,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,424$108,300
2019$1,424$94,500
2018$1,424$94,500
2017$1,494$94,500

History based on county public records data.

Payment Calculator

$9,800

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,913

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-5936253
4
/10

  • East Jr. High School

  • 400 Leach Dr

  • 8.15 miles

  • Public District Grades 6-8

High School

school-card-donut-5936254
4
/10

  • Fayette Ware Comprehensive High School

  • 13520 Highway 59

  • 7.93 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,647. The most common annual income of people living in Somerville, TN is between $35k-100k. Residents typically live in married, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1300 Tripp Rd

What is the listing price of this property?

The listing price of 1300 Tripp Rd property is $1,950,000.

What type of property is this?

The property 1300 Tripp Rd is a townhouse located in Somerville, Tennessee, 38068.

Is this property for sale now?

Active Listing: 1300 Tripp Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1300 Tripp Rd are:
East Jr. High School: GreatSchools Rating 4/10
Fayette Ware Comprehensive High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,424 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 29, 1992 for $80,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1300 Tripp Rd has 5 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 1300 Tripp Rd is 1998.

Rocket Homes›Tennessee›Fayette County›Somerville›38068›1300 Tripp Rd

This home is located at 1300 Tripp Rd in Somerville, TN and zip code 38068. This home, which was built in 1998, sits on a 178.84 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 15, 2023 and is currently priced at $1,950,000.

Over 2 listings were sold over their listed price in April 2024 in Somerville, TN. In the same period over 5 listings were sold below the listed price and 2 listings were sold for the listed price. The number of homes for sale in Somerville, TN increased by 10.4% between March 2024 and April 2024.

From Rocket Homes Real Estate and based on county public records data.

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