Properties / Tennessee / Somerville / Hedge Rose / 85 Primrose Lane
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85 Primrose Lane

Somerville, TN 38068
4 Bedrooms
2.5 Baths
1,900 S.F.
0.29 Acres

Buy this property for $342,000 and earn $0 per month in estimated rent.

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About

The Finch is a well-designed 4 bedroom, 2 ½ bathroom home with a breakfast nook and formal dining room, which may also function as a play area or home office. The plan’s spacious kitchen features granite countertops, stainless-steel appliances, and white Shaker cabinets with a large angled island that is perfect for entertaining or bar-style eating. The adjacent living area includes a modern electric fireplace with a floating mantle made of cedarwood. The plan’s main-level primary bedroom with en-suite bathroom provides the space to relax and unwind. Up the stairs, there are 3 additional bedrooms and a full bathroom.

Features

Flooring:
  • LVP flooring in common areas
Bathrooms:
  • Double vanity
Kitchen:
  • Eat-in kitchen
  • Kitchen island
  • Open floor plan
  • Walk-in pantry
Construction:
  • New construction
  • Detached Single Family
  • 9' or 10' ceilings
  • Garage doors and openers
Exterior:
  • Two-car attached garage
  • Backyard patio

Figures

Buy for $342,000
4 Bedrooms
2.5 Baths
1,900 S.F.
Floor Plan: Finch Front Load
Elevation A
2 Levels
0.29 Acres
Built in 2024
2 Garage Spaces

Location

  • Conveniently located just east of Oakland off highway 64 with a current population of just over 2,500 residents.
  • An ideal choice for people relocating to the area to work for Ford Motor Company, SK On, their suppliers, or any other companies with operations in the region.
  • Quaint downtown is lined with local shops, and the town square is home to the Fayette County Courthouse.
  • The city offers both public and private education options for families with school-aged children. The University of Tennessee Martin Somerville Center offers a limited number of degree programs and access to college-level classes for high-school students.
    • County:
    Fayette
    City:
    Somerville
    State:
    Tennessee
    Zipcode:
    38068
    Community:
    Hedge Rose
    Lot:
    161

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    Finances

    Sales Price:
    $342,000
    Annual Property Tax:
    $1,128.60
    Annual HOA:
    $350 [ $29.17 per month]
    Annual Insurance Premium:
    $725

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    ACQUISITION AND DEBT SERVICE SUMMARY
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    INVESTMENT AND DEBT SERVICE CALCULATIONS
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    Investment and debt service calculations: Based on the data entered above, the investor’s total cash investment, and the monthly and annual debt service is calculated here.
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    About the calculations

    The calculations and data presented herein are deemed to be accurate, but accuracy is not guaranteed. The projected proforma returns on investment are intended for the purpose of illustrative projections to facilitate analysis and are not guaranteed by Meridian Pacific Properties, Inc. or its affiliates and subsidiaries. The information provided herein is not intended to replace or serve as a substitute for any legal,real estate, tax, or other professional advice, consultation or service. The prospective buyer should consult with a professional in the respective legal, tax, accounting, real estate, or other professional area before making any decisions or entering into any contracts pertaining to the property or properties described herein.

    Monthly Rent *

    Represents the middle point of an expected rent range. We expect the rent to be within $50 of the estimated rent. Meridian helps to protect the rental income for our investors through our rent warranty program. Please call Meridian Pacific Properties directly for more information.

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