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3361 Somerset Dr

Cleveland, TN 37323

3 bd 3 ba 1,916 sqft Built 1992 Lot 39,640 sqft single_family
Most recent sale
$265,000
Oct 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 8, 2025 Sold $325,000 RealTracs
Sep 11, 2025 Listed $325,000 Chattanooga
Sep 10, 2025 Listed $325,000 RiverCounties
Oct 24, 2022 Sold $265,000 MLS #20222773
Sep 1, 2022 Price changed $273,500 MLS #20222773
Aug 25, 2022 Listed $275,000 MLS #1361442
Aug 12, 2022 Relisted $275,000 MLS #20222773
Jun 6, 2022 Price changed $275,000 MLS #1355779
May 31, 2022 Price changed $289,000 MLS #20222773
May 25, 2022 Listed $299,900 MLS #1355779
May 10, 2022 Listed $315,000 MLS #1354855
May 3, 2022 Listed $315,000 MLS #20222294
Jun 26, 2019 Sold $173,000 MLS #1081832
May 25, 2019 Listed $169,900 MLS #1300479
Jun 26, 1992 Sold $60,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $71,475 $5,000 $76,475 $926
2024 $71,475 $5,000 $76,475 $834
2022 $39,075 $3,450 $42,525 $756
2021 $39,075 $3,450 $42,525 $756
2020 $28,725 $2,950 $31,675 $703
2019 $28,725 $2,950 $31,675 $703
2018 $28,725 $2,950 $31,675 $670
2017 $28,725 $2,950 $31,675 $799
2016 $26,700 $2,800 $29,500 $682
2015 $29,500 $676
2014 $29,475 $800
2013 $29,475 $786
2012 $29,925 $658
2011 $29,925 $658
2010 $29,925 $658
2009 $29,925 $658
2008 $27,225 $675
2007 $27,225 $675

Property facts

Year built
1992
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,916 sqft
Lot size
39,640 sqft
ZIP code
37323
City
Cleveland
Street
Somerset Dr
Coordinates
35.11555, -84.88050

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,874
Gross rental yield
13.01%
Implied cap rate
8.46%
Trend-extrapolated value

Frequently asked questions

When did 3361 Somerset Dr last sell?
3361 Somerset Dr most recently sold on Oct 24, 2022 for $265,000.
What is the current tax assessment for 3361 Somerset Dr?
The most recent total assessment for 3361 Somerset Dr (year 2025) is $76,475 with $926 in property tax.
How does 3361 Somerset Dr's assessment compare to its last sale price?
The current assessment is 71.1% below the last sale price of $265,000.
When was 3361 Somerset Dr built?
3361 Somerset Dr was built in 1992.
How does 3361 Somerset Dr compare to others on Somerset Dr?
We track 8 other properties on Somerset Dr. Browse the list under "Other properties on Somerset Dr" to compare beds, baths, and sale history.
What are the property facts for 3361 Somerset Dr?
3361 Somerset Dr is a 3 bed, 3 bath, 1,916 sqft, 39,640 sqft lot single_family.
Is 3361 Somerset Dr a flip candidate?
No — 3361 Somerset Dr does not appear in our flips dataset.
Is 3361 Somerset Dr a tax-appeal candidate?
No — 3361 Somerset Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.1%
Implied 1-yr
+4.4%
2026 Q3
$348.5K
2026 Q4
$352K
ZIP 37323 — Median Price History + Forecast

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