NOT LISTED FOR SALE

10725 Magnolia Park Cir S Collierville, TN 38017

Estimated Value: $998,000

5 Beds
4.5 Baths
4,500-4,999 Sq Ft
$200/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $1,030,000 $206 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,018/month

23 Days on Market

Highlights

  • Home Theater
  • Landscaped Professionally
  • Wood Flooring
  • Sycamore Elementary School Rated A
  • Living Room with Fireplace
  • Main Floor Primary Bedroom

About This Home

As of June 2023

This 8 month old stunning Magnolia Home in PRIME location is LOADED with upgrades! 5 bedrooms (2 down). 4.5 baths; Bonus room with separate media rm. Absolutely in LOVE w the kitchen w upgraded cabinets and additional lighting.Added French doors in dining rm.10 ft ceilings down. upgraded lighting! Outdoor brick fireplace under covered patio w extended patio area. 4 car GARAGE! Community Park and ponds! THIS WILL GO FAST! I repeat... LOADED W UPGRADES! Bldr warranty transfers!

Last Agent to Sell the Property

Abbey Garner Miesse

Oak Grove Realty, LLC License #263163 Listed on: 03/24/2023

Last Buyer's Agent

April Davison

BHHS McLemore & Co., Realty License #338898

BHHS McLemore & Co., Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,359

Year Built

  • Built in 2022

Lot Details

  • Landscaped Professionally
  • Level Lot
  • Few Trees

HOA Fees

  • $46 Monthly HOA Fees

Home Design

  • Soft Contemporary Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,500-4,999 Sq Ft Home
  • 4,661 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Two Story Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Bonus Room with Fireplace
  • Play Room
  • Laundry Room
  • Attic

Kitchen

  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • 220 Volts
  • Water Heater
  • Cable TV Available

Community Details

Overview

  • Magnolia Preserve Subdivision
  • Mandatory home owners association

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,359

Year Built

Built in 2022

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Soft Contemporary
  • Detached Unit Type: General Residential
  • MLS Map #: 875B
  • MAAR Subdivision Name: MAGNOLIA PRESERVE PH2
  • List Price Per Sq Ft: 225
  • Number Of Stories: 2
  • Price Per Sq Ft: 220.98
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4661
  • Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room, Media Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 4500-4999
  • Bedroom 2 Description: Level 1, Private Full Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Private Full Bath, Smooth Ceiling, Tile Floor
  • Bedroom 4 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 2, Shared Bath, Tile Floor
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Vented Gas Fireplace, In Living Room, In Other Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Two Story Foyer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Continuous Cleaning Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Wired, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Breakfast Room, Pantry, Island In Kitchen
  • Misc Interior: Excl Some Window Treatmnt, Walk-In Closet(s), Walk-In Attic, Cat/Dog Free House, Security System
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Play Room, Media Room, Attic
  • Total Bathrooms: 4.1
  • Primary Bathroom Description: Double Sinks, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Patio, Covered Patio, Sidewalks
  • Exterior Windows: Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 4
  • Parking Display: 4A
  • Parking Storage: Driveway/Pad, More than 3 Coverd Spaces, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, 3 or More Systems, 220 Wiring
  • Heating: Central, 3 or More Systems
  • Security: Burglar Alarm, Fire Alarm, Smoke Detector(s)
  • Water Sewer: 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 550
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Professionally Landscaped
  • Lot Number: 38
  • Lot Size: 19,140

Multi Family

  • Number Of Rooms: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
Jun 15, 2023
Sold by
Shoge Oluwarotimi and Shoge Susan
Bought by
Freeman Christopher Allen and Reed Elizabeth
Seller's Agent
Abbey Garner Miesse
Oak Grove Realty, LLC
Buyer's Agent
April Davison
BHHS McLemore & Co., Realty
List Price
$1,050,000
Sold Price
$1,030,000
Premium/Discount to List
-$20,000
-1.9%
Views
97
Current Estimated Value
$998,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,000
Avg. Annual Appreciation
-1.33%
Original Mortgage
$726,300
Outstanding Balance
$706,736
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$291,264

Purchase Details

Listed on
Mar 26, 2022
Closed on
Jun 30, 2022
Sold by
Magnolia Homes Inc
Bought by
Shoge Oluwarotimi and Shoge Susan
Seller's Agent
Mary Brown
Groome & Co.
Buyer's Agent
Allison Klein
Keller Williams
List Price
$936,352
Sold Price
$964,500
Premium/Discount to List
$28,148
3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$647,200
Interest Rate
5.1%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Freeman Christopher Allen $1,030,000 Memphis Title Company
Shoge Oluwarotimi $964,500 Memphis Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Christopher Allen $726,300
Previous Owner Shoge Oluwarotimi $647,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2023 06/16/23 Sold $1,030,000 -1.9% $229 / Sq Ft
04/16/2023 04/16/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $1,050,000 +8.9% $233 / Sq Ft
06/30/2022 06/30/22 Sold $964,500 +3.0% $214 / Sq Ft View Prior Sale
03/27/2022 03/27/22 Pending -- -- --
03/26/2022 03/26/22 For Sale $936,352 -- $208 / 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 $8,359 $283,600 $36,575 $247,025
2024 $7,766 $229,075 $27,450 $201,625
2023 $11,981 $229,075 $27,450 $201,625
2022 $7,642 $68,700 $27,450 $41,250
2021 $1,647 $27,450 $27,450 $0
Source: Public Records

Agents Affiliated with this Home

  • Abbey Garner Miesse

    Seller's Agent in 2023

    Abbey Garner Miesse

    Oak Grove Realty, LLC

    (901) 237-3290

    23 in this area

    57 Total Sales

    Abbey Garner Miesse
    Section Image
  • April Davison

    Buyer's Agent in 2023

    April Davison

    BHHS McLemore & Co., Realty

    (901) 335-3794

    3 in this area

    94 Total Sales

    April Davison
    Section Image
  • Mary Brown

    Seller's Agent in 2022

    Mary Brown

    Groome & Co.

    (901) 485-7608

    52 in this area

    57 Total Sales

    Mary Brown
    Section Image
  • Kelsey Alcala

    Seller Co-Listing Agent in 2022

    Kelsey Alcala

    Oak Grove Realty, LLC

    (901) 827-5421

    22 in this area

    34 Total Sales

    Kelsey Alcala
    Section Image
  • Allison Klein

    Buyer's Agent in 2022

    Allison Klein

    Keller Williams

    (901) 661-3523

    11 in this area

    53 Total Sales

    Allison Klein
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10144508

Memphis Area Association of REALTORS®

APN: C0-258T-C0-0039

Tennessee Shelby County Collierville 38017

10725 Magnolia Park Cir S, Collierville, TN

This home is located at 10725 Magnolia Park Cir S, Collierville, TN 38017 since 24 March 2023 and is currently estimated at $998,000, approximately $199 per square foot. This property was built in 2022. 10725 Magnolia Park Cir S is a home located in Shelby County with nearby schools including Sycamore Elementary School, Collierville Middle School, and Collierville High School.

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