4 months on rocket

314 Marginal Dr E, Somerville, TN, 38068

$225,000

Home List Price

$2,672*

Closing Credit

2 Bedrooms
1 Full Bath
House

Location

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314 Marginal Dr E, Somerville$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, Front-Load Garage, Garage
Year Built1956
HeatingCentral
CoolingCentral Air
FireplaceIn Den/Great Room, Gas Logs
MLS #10178487
Lot Size0.50 Acres
StatusActive

About 314 Marginal Dr E

Only 2 blocks from town square in the heart of Somerville! 2 bedrooms, 1 bathroom, living room, dining room, den, kitchen & a laundry room. Functional floor plan with no wasted space. Two car attached garage. Spacious lot w/ a dog run & shed. Roof replaced in 2015. Crawlspace encapsulated 2015. HVAC 2022. Leaf guard gutters 2022. Kitchen renovated in 2005 with additional cabinets added for storage. Stainless steel fridge stays. This home has only had 2 owners and has been well maintained!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1956
  • Stories: 1

Listing Office:

  • Office Name: The Firm

Interior Features

Interior Information:

  • Appliances: Range, Oven, Cooktop, Disposal, Dishwasher, Refrigerator
  • Flooring Type: Part Hardwood, Tile
  • Fireplace: In Den/Great Room, Gas Logs

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Dog Run, Storage Building, Porch, Chain Fence, Pet Area

Parking Information:

  • Parking: Driveway/Pad, Front-Load Garage, Garage

Lot Features

Lot Information:

  • Lot: Few Trees, Level, Fencing
  • Lot Size: 0.50 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: East on 64, turn right on S Hiawatha st, left on E Marginal St., home is on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
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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

$335K

# of Sold Homes

3

314 Marginal Dr E vs Somerville

138 DAYS ON ROCKET

$225,000

-$110K Less

KEY TAKEAWAY

This property is $110K less than the Median Sold Price in Somerville, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10178487

Listing Office:

  • Office Name: The Firm

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: 12/22/2024, 3:20:51 AM 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

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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.

Nearby Schools

school-card-donut-867148
4
/10

  • Buckley-Carpenter Elementary School

  • 12580 S Main St

  • 0.35 miles

  • Public District Grades PK-5

school-card-donut-867149
2
/10

  • Oakland Elementary School

  • 14925 Highway 194

  • 9.71 miles

  • Public District Grades PK-5

school-card-donut-867150
7
/10

  • Southwest Elementary School

  • 8095 Highway 194

  • 10.67 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,735. The most common annual income of people living in Somerville, TN is less than $35k. Residents typically live in single, 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 314 Marginal Dr E

What is the listing price of this property?

The listing price of 314 Marginal Dr E property is $225,000.

What type of property is this?

The property 314 Marginal Dr E is a house located in Somerville, Tennessee, 38068.

Is this property for sale now?

Active Listing: 314 Marginal Dr E is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 314 Marginal Dr E has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 314 Marginal Dr E is 1956.

Rocket Homes›Tennessee›Fayette County›Somerville›38068›314 Marginal Dr E

This home is located at 314 Marginal Dr E in Somerville, TN and zip code 38068. This home, which was built in 1956, sits on a 0.50 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 05, 2024 and is currently priced at $225,000.

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 number of listings in Somerville, TN increased by 12% between October 2024 and November 2024.

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

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