2 months on rocket

206 Lake Dr, Somerville, TN, 38068

$120,000

Home List Price

$1,425*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
House
Schools Nearby

Location

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206 Lake Dr, Somerville$120,000

Buyer Closing Credits

$1,425*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1973
HeatingCentral, Natural Gas
CoolingCentral Air, Ceiling Fan(s), Other
BasementYes
MLS #10166219
StatusActive

About 206 Lake Dr

Back on Market, Appraisal Complete, listed below appraised value. "Timeless charm meets spacious living in this meticulously maintained 50-year-old residence boasting four bedrooms, two baths, and over 1500 (MAAR ) square feet of comfortable, inviting space. Embrace the essence of rural living in this well-loved home, where every corner tells a story of warmth and family memories.” Sold as is, No Fha or Va or USDA. Seller closing with Closetrak Arlington

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1973
  • Stories: 2

Listing Office:

  • Office Name: LPT Realty, LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Basement: Yes
  • Flooring Type: Wall to Wall Carpet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Porch, Patio

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees, Level, Fencing

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Ceiling Fan(s), Other

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: East on Hwy 64, Left on Meadow Lane, Right on Lake Drive, home on the Right

Price Information

Listing Price Info

Price Summary:

  • List Price: $120,000

Tax Information:

  • Annual Amount: $331
  • 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

206 Lake Dr vs Somerville

74 DAYS ON ROCKET

$120,000

-$217.9K Less

KEY TAKEAWAY

This property is $217.9K less than the Median Sold Price in Somerville, TN.

Based on homes sold in April 2024

MLS Details

MLS Information:

  • MLS Number: #10166219

Listing Office:

  • Office Name: LPT 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, 6:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$331$16,600
2019$331$15,150
2018$331$15,150
2017$345$15,150

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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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-5778485
4
/10

  • East Jr. High School

  • 400 Leach Dr

  • 2.71 miles

  • Public District Grades 6-8

High School

school-card-donut-5778486
4
/10

  • Fayette Ware Comprehensive High School

  • 13520 Highway 59

  • 2.68 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 $21,268. Residents of Somerville, TN typically earn less than $35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 206 Lake Dr

What is the listing price of this property?

The listing price of 206 Lake Dr property is $120,000.

What type of property is this?

The property 206 Lake Dr is a house located in Somerville, Tennessee, 38068.

Is this property for sale now?

Active Listing: 206 Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 206 Lake Dr 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 $331 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 206 Lake Dr has 4 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 206 Lake Dr is 1973.

Rocket Homes›Tennessee›Fayette County›Somerville›38068›206 Lake Dr

This home is located at 206 Lake Dr in Somerville, TN and zip code 38068. This home was built in 1973. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $120,000.

Somerville, TN housing market in April 2024 saw over 2 listings sold above listed price, more than 2 sold at listed price and over 5 sold below. The inventory of homes for sale in Somerville, TN between March 2024 and April 2024 increased by 10.4%.

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

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