8 days on rocket

3261 Somerset Dr SE, Cleveland, TN, 37323

$275,000

Home List Price

$3,266*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,400 SqFt
$196/SqFt
House

Location

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3261 Somerset Dr SE, Cleveland$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Attached
Attached Garage2 spaces
Year Built1993
HeatingCentral, Electric
CoolingCeiling Fan(s), Central Air
BasementYes
MLS #20250092
Lot Size0.46 Acres
StatusActive

About 3261 Somerset Dr SE

3 bedroom 2.5 bath home (split floorplan) in quiet neighborhood and just minutes to the bypass, restaurants and grocery. Awesome workshop anyone would love. The fenced back yard is perfect for kids or pets. In the kitchen there are New stainless appliances also new washer and dryer downstairs by the large bonus room. Everything is new again with New HVAC, roof, windows also fresh paint inside and out. This home is prerfect for first time homebuyers or people downsizing. Can be purchased with or without furniture and would make this good for an airbnb.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1993
  • Living Area: 1,400 SqFt

Listing Office:

  • Office Name: Coldwell Banker Kinard Realty
  • Office Phone: (423) 476-5532
  • Listing Agent: Patti Angelle

Interior Features

Interior Information:

  • Appliances: Washer, Dishwasher, Dryer, Electric Cooktop, Electric Range, Electric Water Heater, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Laminate
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Rain Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage, Attached

Lot Features

Lot Information:

  • Lot: Sloped, Landscaped
  • Lot Size: 0.46 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: From Ocoee & 25th St, continue E on 25 th/APD 40. Turn left on Blackburn. Left on Dockery then right on Somerset Dr SE home on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000
  • Price Per SqFt: $196/SqFt

Tax Information:

  • Annual Amount: $620
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$314.9K

Med. Price/SqFt

$183

Avg. Days On Market

78

# of Sold Homes

116

3261 Somerset Dr SE vs Cleveland

8 DAYS ON ROCKET

-70 Days

$275,000

-$39.9K Less

$196/SqFt

+$12 More

KEY TAKEAWAY

This property is $39.9K less than the Median Sold Price and $12/SqFt more than other homes in Cleveland, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RiverCounties
  • MLS Number: #20250092

Listing Office:

  • Office Name: Coldwell Banker Kinard Realty
  • Office Phone: (423) 476-5532
  • Listing Agent: Patti Angelle

Information obtained from TNRCAR. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/15/2025, 6:16:09 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 26, 2002Home Sold
$88,000
May 13, 1996Home Sold
$68,000
Mar 01, 1995Home Sold
$59,000
Jun 08, 1993Home Sold
$53,500

Tax History

YEARPROP. TAXASSESSMENT
2020$620$36,225
2018$702$27,875
2017$656$27,875

History based on county public records data.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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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.

Nearby Schools

school-card-donut-2541544
5
/10
  • Waterville Community Elementary School

  • 4081 Dalton Pike SE

  • 1.32 miles

  • Public District Grades PK-5

school-card-donut-2541545
4
/10
  • Blythe Bower Elementary School

  • 604 20th St SE

  • 1.57 miles

  • Public District Grades KG-5

school-card-donut-2541546
6
/10
  • Black Fox Elementary School

  • 3119 Varnell Rd SW

  • 2.33 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,161. Most Cleveland, TN residents have annual incomes less than $35k. The most common type of family is married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Cleveland, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Cleveland, TN?

Cleveland's housing market offers a diverse array of options, with single-family homes being a significant presence. A mix of architectural styles is evident, ranging from traditional to contemporary, reflecting the city's growth over various periods. While the majority of homes are owner-occupied, a substantial portion of the population opts for rental properties, including apartments and townhouses.

Is Cleveland, TN a good place to live?

Cleveland is celebrated for its vibrant community spirit and rich historical backdrop. The city prides itself on a calendar filled with local events and festivals that showcase its cultural heritage and foster a sense of togetherness among residents. The community's character is further defined by its scenic parks and commitment to preserving its unique Southern charm.

Are things conveniently located in Cleveland, TN?

The community is served by a robust educational system, with multiple public and private schools catering to a range of educational needs. Healthcare services are comprehensive, with facilities offering a spectrum of care including urgent and primary care. The public library system supports lifelong learning, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and hospitality.

What does the transportation in Cleveland, TN look like?

Cleveland's transport infrastructure supports both private and public transit options, with a focus on improving connectivity and reducing commute times. The city's layout promotes walkability in several districts, and there are initiatives to enhance bikeability. Major roads and highways facilitate travel to and from the city, and public transportation is available to assist residents in their daily commutes.

Frequently Asked Questions About 3261 Somerset Dr SE

What is the listing price of this property?

The listing price of 3261 Somerset Dr SE property is $275,000.

What type of property is this?

The property 3261 Somerset Dr SE is a house located in Cleveland, Tennessee, 37323.

Is this property for sale now?

Active Listing: 3261 Somerset Dr SE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $620 (source: MLS/based on county public records data).

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

The last sale was on November 26, 2002 for $88,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3261 Somerset Dr SE has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 3261 Somerset Dr SE is 1,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3261 Somerset Dr SE is 1993.

Rocket HomesTennesseeBradley CountyCleveland373233261 Somerset Dr SE

This home is located at 3261 Somerset Dr SE in Cleveland, TN and zip code 37323. This 1,400 square foot home, which was built in 1993, sits on a 0.46 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 06, 2025 and is currently priced at $275,000.

Cleveland, TN housing market in December 2024 saw over 18 listings sold above listed price, more than 31 sold at listed price and over 66 sold below. Between November 2024 and December 2024, Cleveland, TN real estate market has seen decrease in the number of listings by 16.5%. In December 2024 median list price was $314,998 and the average listing age was 78 days.

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

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