9 months on rocket

311 Market St W, Somerville, TN, 38068

$995,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo
Schools Nearby

Location

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311 Market St W, Somerville$995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAsphalt/Blacktop
Year Built1958
HeatingCentral, Natural Gas
CoolingCentral Air
MLS #10154034
StatusActive

About 311 Market St W

16 Unit aparmtent complex available in Somerville, TN. All units individually metered and equipped with central heat and air. 87% occupied at time of listings. Current rent role available upon request.

Property Details

Property Features

Property Information:

  • Year Built: 1958
  • Stories: 1

Listing Office:

  • Office Name: KAIZEN Realty, LLC

Interior Features

Interior Information:

  • Flooring Type: Vinyl Floor, Wood Laminate Floors, Dry Wall

Exterior Features

Parking Information:

  • Parking: Asphalt/Blacktop

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • 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 Hwy 64 turn North on N Somerville St then make the next left onto W Market St. Property consists of the three buildings on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000
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Housing Market Comparison

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

Med. Sold Price

$337.9K

# of Sold Homes

9

311 Market St W vs Somerville

279 DAYS ON ROCKET

$995,000

+$657K More

KEY TAKEAWAY

This property is $657K more than the Median Sold Price in Somerville, TN.

Based on homes sold in April 2024

MLS Details

MLS Information:

  • MLS Number: #10154034

Listing Office:

  • Office Name: KAIZEN 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: 5/15/2024, 3:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,034

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

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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-1482852
4
/10
  • East Jr. High School

  • 400 Leach Dr

  • 2.92 miles

  • Public District Grades 6-8

High School

school-card-donut-1482853
4
/10
  • Fayette Ware Comprehensive High School

  • 13520 Highway 59

  • 2.83 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,268. Typical income of Somerville, TN residents is less than $35k annually. The most common type of family is single, no kids. 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 311 Market St W

What is the listing price of this property?

The listing price of 311 Market St W property is $995,000.

What type of property is this?

The property 311 Market St W is a condo located in Somerville, Tennessee, 38068.

Is this property for sale now?

Active Listing: 311 Market St W is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 311 Market St W are:
East Jr. High School: GreatSchools Rating 4/10
Fayette Ware Comprehensive High School: GreatSchools Rating 4/10

Which year was this property built?

The year of construction for 311 Market St W is 1958.

Rocket HomesTennesseeFayette CountySomerville38068311 Market St W

This home is located at 311 Market St W in Somerville, TN and zip code 38068. This home was built in 1958. It has been listed on Rocket Homes since August 09, 2023 and is currently priced at $995,000.

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 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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