Farmhouse / Modern Farmhouse home in Loudon, TN
This Farmhouse home in Loudon, TN offers 4 bedrooms and 5 bathrooms across 2,970 square feet. Notable features include lake / river / water view, attached garage, deck / patio, fireplace, and open floor plan. The Farmhouse styling carries through the home's design.
| Price | $1,198,000 |
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| Beds | 4 |
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| Baths | 5 |
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| Sqft | 2970 |
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| Architectural style | Farmhouse / Modern Farmhouse (32% match) |
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| Address | 3851 Persimmon, Loudon, TN 37774 |
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Why buy this home
- Confirmed Farmhouse / Modern Farmhouse architecture, matched from the listing photos by Enzo's vision model.
- Features: attached garage, deck / patio, fireplace, lake / river / water view, open floor plan, walk-in closet.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced above comparable homes.
- At $1.2M, this home is 130% above the $520K median for 16 similar Farmhouse / Modern Farmhouse homes in Minneapolis, MN.
- That works out to $403 per square foot, 40% above the $287 comparable rate.
- On the market 47 days, longer than usual here, so the seller may be open to offers.
| This home | $1,198,000 |
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| Farmhouse / Modern Farmhouse median in Minneapolis, MN | $519,900 (16 homes) |
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| Price per sq ft | $403 vs. $287 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $7,676/month with 20% down at a 7.28% 30-year fixed rate. You would need about $328,955 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $6,557/mo |
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| Property tax (new-buyer reassessed rate) | $669/mo |
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| Homeowners insurance | $449/mo |
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| Total monthly | $7,676/mo |
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| Down payment (20%) | $239,600 |
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| Income needed | $328,955/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (65 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C+ (65/100) |
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| Beats renting in | 17% of modeled paths |
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| Modeled 5-yr equity (median) | $588,362 |
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| Range (10th to 90th pct) | $352,129 to $859,994 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Nashville, TN where local data is thin.
Local home values
Typical home values in Minneapolis, MN have risen about 11% over the past 5 years (+2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Estately