This '57' x '197' vacant lot is available for a "new build" and is a "rare find" in an older established subdivision in the charming small town of Somerville.
Property Details
Property Features
Listing Office:
Office Name: REMAX Experts
Other
Directions Information:
Directions: Traveling East on Hwy 64 in Somerville heading toward the town square from the west, turn right (south) onto S. Somerville St. Turn right onto Flippin St. Turn left onto Lynn St. Property is on the left next door (north of) to 1024 Lynn St.
Price Information
Listing Price Info
Price Summary:
List Price: $34,900
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Somerville, TN.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$242
Per Month
Principal & Interest
$175
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$171
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Buckley-Carpenter Elementary School
12580 S Main St
Distance between this listing and this school0.58 miles
Public District Grades PK-5
2
/10
Oakland Elementary School
14925 Highway 194
Distance between this listing and this school9.22 miles
Public District Grades PK-5
7
/10
Southwest Elementary School
8095 Highway 194
Distance between this listing and this school9.80 miles
Public District Grades PK-5
Nearby Schools
4
/10
East Junior High School
400 Leach Dr
Distance between this listing and this school3.81 miles
Public District Grades 6-8
3
/10
West Junior High School
13100 Highway 194
Distance between this listing and this school9.27 miles
Public District Grades 6-8
3
/10
Whiteville Elementary School
2510 US Highway 64
Distance between this listing and this school13.25 miles
Public District Grades PK-8
Nearby Schools
4
/10
Fayette-Ware High School
13520 Highway 59
Distance between this listing and this school3.87 miles
Public District Grades 9-12
8
/10
Arlington High School
5475 Airline Rd
Distance between this listing and this school18.07 miles
Public District Grades 9-12
3
/10
Central High School
313 Harris St
Distance between this listing and this school20.04 miles
The neighbors living near this home have an average income of $26,724. Most Somerville, TN residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 Lynn St
What is the listing price of this property?
The listing price of 0 Lynn St property is $34,900.
What type of property is this?
The property 0 Lynn St is land located in Somerville, Tennessee, 38068.
Is this property for sale now?
Active Listing: 0 Lynn St is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0 Lynn St in Somerville, TN and zip code 38068. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $34,900.
Over 0 listings were sold over their listed price in November 2024 in Somerville, TN. In the same period over 3 listings were sold below the listed price and 0 listings were sold for the listed price. The inventory of homes for sale in Somerville, TN between October 2024 and November 2024 increased by 12%.
From Rocket Homes Real Estate and based on county public records data.