This 0.82 acres is the perfect place to build your dream home. Raw land with utilities available at the street. Land is a mixture of trees and open land. Great opportunity at a great price!
Property Details
Property Features
Listing Office:
Office Name: Groome & Co.
Lot Features
Lot Information:
Lot Size: 0.82 Acres
Other
Directions Information:
Directions: East on Highway 64 into Somerville; Turn right onto Jernigan Drive.
Price Information
Listing Price Info
Price Summary:
List Price: $32,900
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$232
Per Month
Principal & Interest
$165
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
$165
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 school4.78 miles
Public District Grades PK-5
2
/10
LaGrange-Moscow Elementary School
15655 Highway 57
Distance between this listing and this school9.58 miles
Public District Grades PK-5
7
/10
Southwest Elementary School
8095 Highway 194
Distance between this listing and this school11.18 miles
Public District Grades PK-5
Nearby Schools
4
/10
East Junior High School
400 Leach Dr
Distance between this listing and this school8.14 miles
Public District Grades 6-8
3
/10
West Junior High School
13100 Highway 194
Distance between this listing and this school12.41 miles
Public District Grades 6-8
3
/10
Whiteville Elementary School
2510 US Highway 64
Distance between this listing and this school12.69 miles
Public District Grades PK-8
Nearby Schools
4
/10
Fayette-Ware High School
13520 Highway 59
Distance between this listing and this school8.14 miles
Public District Grades 9-12
3
/10
Central High School
313 Harris St
Distance between this listing and this school17.53 miles
Public District Grades 9-12
4
/10
H. W. Byers High School (5-12)
4178 Highway 72
Distance between this listing and this school19.12 miles
The neighbors living near this home have an average income of $37,318. Residents of Somerville, TN typically earn less than $35k each year. Most families are 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 Jernigan Dr
What is the listing price of this property?
The listing price of Jernigan Dr property is $32,900.
What type of property is this?
The property Jernigan Dr is land located in Somerville, Tennessee, 38068.
Is this property for sale now?
Active Listing: Jernigan Dr is For Sale (Active/New) which means the seller is accepting offers.
When was this property sold last time and for how much?
The last sale was on August 27, 2020 for $18,000. (source: MLS/tax record).
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 Jernigan Dr in Somerville, TN and zip code 38068. This home sits on a 0.82 acre lot. It has been listed on Rocket Homes since November 23, 2022 and is currently priced at $32,900.
In October 2024, from all listings sold in Somerville, TN there were more than 1 sold above asking price, over 3 sold below and more than 1 were sold right at the asked price. In October 2024 in Somerville, TN there were 28.6% more homes for sale than in September 2024.
From Rocket Homes Real Estate and based on county public records data.
NASCAR
NASCAR
Monster Trucks
Hunting
Dollar General
Wal-Mart
Bass Pro Shops
Hardee's
Jimmy Johns
Applebees
GMC
Chevrolet
Ram
Classic Country
New Country