NOT LISTED FOR SALE

Estimated Value: $391,000 - $434,000

3 Beds
2.5 Baths
2,000-2,199 Sq Ft
$188/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $400,000 $182 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,406/month

123 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Bonus Room
  • Landscaped Professionally
  • Main Floor Primary Bedroom
  • Great Room

About This Home

As of February 2022

Stunning new construction four square on the corner lot of a quiet street between Downtown and Crosstown! This street is exploding with lots of new construction on the way. Master bed downstairs with luxury finishes throughout. Quartz countertops in kitchen and baths. Open floor plan with large bonus room up. Custom maple cabinets, Pella windows, freestanding tub and many more. Most new construction not to the level of these finishes! Will assist with buyer's closing costs! Owner/agent listing

Last Agent to Sell the Property

Bradford Long

Keystone Realty, LLC License #348898 Listed on: 10/15/2021

Last Buyer's Agent

Kim Golden

Mint Realty Group License #352376

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60x125
  • Wood Fence
  • Landscaped Professionally
  • Level Lot

Parking

  • Driveway

Home Design

  • Bungalow
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,160 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Some Wood Windows
  • Window Treatments
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Bonus Room
  • Attic Access Panel

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Monitored
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Galloway Park Blk 8 Subdivision
  • Building Fire Alarm

Listing and Financial Details

  • Assessor Parcel Number 021122 00021

Home Details

Home Type

Single Family

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Bungalow
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: GALLOWAY PARK BLK 8
  • List Price Per Sq Ft: 185
  • Number Of Stories: 1
  • Prop Construction Status: New Construction (Never Occupied)
  • Estimated Sq Ft: 2160
  • Year Built: 2021
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Carpet, Shared Bath, Level 2, Smooth Ceiling
  • Bedroom 3 Description: Carpet, Level 2, Smooth Ceiling
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: In Living Room
  • Floors/Ceilings: Hardwood Throughout, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Breakfast Bar, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Attic Access, Security System, Smoke Detector(s), Monitored Alarm
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room
  • Primary Bathroom Description: Double Sinks, Smooth Ceiling, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Hardwood Floor, Level 1, Smooth Ceiling, Walk-In Closet

Exterior Features

  • Misc Exterior: Porch, Well Landscaped Grounds, Wood Fence
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central, Dual System
  • Heating: Central, Gas, Dual System
  • Security: Burglar Alarm, Fire Alarm, Monitored Alarm System, Smoke Detector(s)
  • Water Sewer: Electric Water Heater, Public Sewer, Public Water

Lot Info

  • Lot Description: Level, Professionally Landscaped, Wood Fenced
  • Lot Number: 40
  • Acreage: 0.17
  • Lot Size: 60X125

Tax Info

  • Assessor Parcel Number: 021122 00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Feb 28, 2022
Sold by
Inkan Builders
Bought by
Smith Ronald G and Smith Allison A
Seller's Agent
Bradford Long
Keystone Realty, LLC
Buyer's Agent
Kim Golden
Mint Realty Group
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%
Current Estimated Value
$413,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,580
Avg. Annual Appreciation
0.88%
Original Mortgage
$669,600
Interest Rate
3.69%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 9, 2021
Sold by
Inkan Treasures Llc
Bought by
Inkan Builders Llc

Purchase Details

Closed on
Jun 22, 2021
Sold by
Inkan Builders Llc
Bought by
Inkan Treasures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,100
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2021
Sold by
Bermar Associates I Llc
Bought by
Inkan Builders Llc

Purchase Details

Closed on
Jan 30, 2012
Sold by
Bermar Associates I Llc
Bought by
Bermar Associates I Llc

Purchase Details

Closed on
May 19, 2005
Sold by
Baker Olivia D
Bought by
Bermar Associates I Llc

Purchase Details

Closed on
Oct 26, 2000
Sold by
Richard Baker
Bought by
Baker Olivia D

Purchase Details

Closed on
Oct 15, 1997
Sold by
Baker Charles P
Bought by
Baker Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
7.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1997
Sold by
Tennessee Bank & Trust
Bought by
Baker Charles P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,400
Interest Rate
7.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 1997
Sold by
Stone Roger
Bought by
Tennessee Bank & Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,400
Interest Rate
7.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Ronald G $400,000 Harkavy Shainberg Kaplan Plc
Inkan Builders Llc -- None Available
Inkan Treasures Llc -- Closetrak Llc
Inkan Builders Llc $1,500 Closetrak
Bermar Associates I Llc -- None Available
Bermar Associates I Llc $1,000 --
Baker Olivia D -- --
Baker Olivia D -- --
Baker Richard $42,000 --
Baker Richard $42,000 --
Baker Charles P $11,000 --
Baker Charles P $11,000 --
Tennessee Bank & Trust $10,000 --
Tennessee Bank & Trust $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Smith Ronald G $669,600
Previous Owner Inkan Treasures Llc $198,100
Previous Owner Baker Richard $33,600
Previous Owner Baker Charles P $29,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $400,000 0.0% $200 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/01/2022 02/01/22 Price Changed $400,000 +3.9% $200 / Sq Ft
01/05/2022 01/05/22 Price Changed $385,000 -1.3% $193 / Sq Ft
12/02/2021 12/02/21 Price Changed $390,000 -2.3% $195 / Sq Ft
10/15/2021 10/15/21 For Sale $399,000 -- $200 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,937 $97,950 $4,500 $93,450
2024 $2,937 $86,625 $1,125 $85,500
2023 $5,277 $86,625 $1,125 $85,500
2022 $5,277 $86,625 $1,125 $85,500
2021 $81 $1,125 $1,125 $0
2020 $82 $1,125 $1,125 $0
2019 $36 $1,125 $1,125 $0
2018 $36 $1,125 $1,125 $0
2017 $37 $1,125 $1,125 $0
2016 $49 $1,125 $0 $0
2014 $49 $1,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10110716

Memphis Area Association of REALTORS®

APN: 02-1122-0-0021