NOT LISTED FOR SALE

104 Reed Cove Drummonds, TN 38023

Estimated Value: $361,268 - $410,000

3 Beds
2.5 Baths
1,800-1,999 Sq Ft
$187/Sq Ft Est. Value

Last Sold May 19, 2015

Last sale price $190,000 $95 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,025/month

57 Days on Market

Highlights

  • Water Views
  • 8.09 Acre Lot
  • Deck
  • Lake On Lot
  • Community Lake
  • Wooded Lot

About This Home

As of May 2015

Secluded wonderful 3 Br 2 1/2 Ba True Log Home. Large kitchen. Large open great room with vaulted ceiling and fieldstone fireplace. Lake view. Hardwood floors. 2 car Detached oversized garage with bath and upstairs man cave w/ elec. Small barn with upstairs. Sit on the 38 ft front porch nd enjoy the tranquility. This home also available as a Lease/Purchase.

Last Agent to Sell the Property

Dusty Malloy

Crye-Leike, Inc., REALTORS License #289165 Listed on: 07/18/2014

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Dusty Malloy

Crye-Leike, Inc., REALTORS License #289165 Listed on: 07/18/2014

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 8.09 Acre Lot
  • Landscaped
  • Wooded Lot

Home Design

  • Composition Shingle Roof
  • Stone Exterior Construction
  • Pier And Beam

Interior Spaces

  • 1,800-1,999 Sq Ft Home
  • 1,875 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Some Wood Windows
  • Double Pane Windows
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Storage Room
  • Laundry Room
  • Water Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Cove
  • Lake On Lot
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Reed Subdivision
  • Mandatory Home Owners Association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 126M 126M B01401

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

8.09 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • Cross Street: Reed Circle
  • MAAR Subdivision Name: REED
  • List Price Per Sq Ft: 112
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1875
  • Termite Contract: Yes
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: Primary Down, Vaulted/Coffered Primary
  • Estimated Heated Sq Ft Range: 1800-1999
  • Bedroom 2 Description: Level 2, Walk-In Closet, Shared Bath, Vaulted/Coffered Ceilings, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: Masonry, In Den/Great Room, Gas Starter
  • Floors/Ceilings: Hardwood Throughout, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Refrigerator, Cable Wired, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Great Room, Breakfast Bar
  • Misc Interior: Cat/Dog Free House, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • P R I M A R Y B E D R O O M: Level 1, Vaulted/Coffered Ceiling, Carpet

Exterior Features

  • Misc Exterior: Storage Building, Covered Patio, Deck
  • Exterior Windows: Wood/Composition, Stone, Double Pane Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Driveway/Pad, Storage Room(s), Workshop(s), Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Gas
  • Water Sewer: Electric Water Heater, Public Sewer, Septic Tank

Association/Amenities

  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Wooded, Lake/Pond on Property, Water View, Cove, Landscaped
  • Lot Number: 1004
  • Acreage: 8.09
  • Lot Size: 8.09

Tax Info

  • Assessor Parcel Number: 126M 126M B01401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2014
Closed on
May 15, 2015
Sold by
Stevens David Keith
Bought by
Taube Brian J
Seller's Agent
Dusty Malloy
Crye-Leike, Inc., REALTORS
Buyer's Agent
Dusty Malloy
Crye-Leike, Inc., REALTORS
List Price
$209,900
Sold Price
$190,000
Premium/Discount to List
-$19,900
-9.48%
Current Estimated Value
$374,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,317
Avg. Annual Appreciation
6.49%
Original Mortgage
$186,558
Outstanding Balance
$143,253
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$231,064

Purchase Details

Closed on
Feb 12, 2003
Sold by
Stevens Kim E
Bought by
Stevens David K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
5.93%

Purchase Details

Closed on
Oct 30, 2001
Sold by
Lutsch William G
Bought by
Stevens David K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.67%

Purchase Details

Closed on
Jan 22, 1996
Sold by
Pwr Corporation
Bought by
Etu Lutsch William Gregory

Purchase Details

Closed on
Dec 10, 1979
Bought by
Pwr Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Taube Brian J $190,000 --
Stevens David K -- --
Stevens David K $175,300 --
Etu Lutsch William Gregory $40,000 --
Pwr Corporation -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taube Brian J $186,558
Previous Owner Pwr Corporation $171,000
Previous Owner Pwr Corporation $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2015 05/19/15 Sold $190,000 -9.5% $106 / Sq Ft
09/13/2014 09/13/14 Pending -- -- --
07/18/2014 07/18/14 For Sale $209,900 -- $117 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $1,165 $76,550 $21,850 $54,700
2024 $1,158 $76,100 $21,850 $54,250
2023 $1,158 $76,100 $21,850 $54,250
2022 $1,117 $54,750 $16,050 $38,700
2021 $1,117 $54,750 $16,050 $38,700
2020 $1,116 $54,750 $16,050 $38,700
2019 $1,079 $44,575 $16,050 $28,525
2018 $1,079 $44,575 $16,050 $28,525
2017 $1,079 $44,575 $16,050 $28,525
2016 $1,079 $44,575 $16,050 $28,525
2015 $1,077 $44,575 $16,050 $28,525
2014 -- $44,589 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9931770

Memphis Area Association of REALTORS®

APN: 126M-B-014.01

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