$964,500
SOLD JUN 30, 2022

10725 Magnolia Park Cir S Collierville, TN 38017

5 Beds
4.5 Baths
4,500-4,999 Sq Ft
0.44 Acres

Recently Sold

$193 Per Sq Ft

3% Above List Price

1 Day on Market

Highlights

  • Home Theater
  • Landscaped Professionally
  • Den with Fireplace
  • Sycamore Elementary School Rated A
  • Community Lake
  • Vaulted Ceiling

About This Home

As of June 2023

This breathtaking home includes 5 beds (2 down), 4.5 baths, bonus room w/separate media room, luxury kitchen, space to entertain, dining room w/French doors, outdoor living area w/gas fireplace, and numerous upgrades! Along w/the gorgeous aesthetics come a 10 yr limited builder's warranry, Pella windows, James Hardie siding and trim, Tyvek house wrap, sizable home sites, and more are just a few of the standard features in each Magnolia Home! Community park and ponds too!

Last Agent to Sell the Property

Mary Brown

Oak Grove Realty, LLC License #343561

Co-Listed By

Kelsey Alcala

Oak Grove Realty, LLC License #348907

Last Buyer's Agent

Allison Klein

Keller Williams License #352165

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,766

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • Landscaped Professionally
  • Level Lot
  • Few Trees

HOA Fees

  • $46 Monthly HOA Fees

Home Design

  • Traditional 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
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Mud Room
  • Two Story Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Den with Fireplace
  • 2 Fireplaces
  • Loft
  • Bonus Room
  • Laundry Room

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
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Attic

  • Attic Access Panel
  • Permanent Attic Stairs

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

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

Community Details

Overview

  • Magnolia Preserve Subdivision
  • Mandatory home owners association
  • Community Lake
  • Planned Unit Development

Recreation

  • Recreation Facilities

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,766

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 875B
  • MAAR Subdivision Name: Magnolia Preserve
  • Est Date Of Completion: 06/23/2022
  • List Price Per Sq Ft: 201
  • Number Of Stories: 2
  • Price Per Sq Ft: 206.93
  • Prop Construction Status: Under Construction
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 4661
  • Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1/2 Bath, 2 or More Baths, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Bonus Room, Media Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Split Bedroom Plan, 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, Walk-In Closet, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Shared Bath, Carpet
  • Bedroom 5 Description: Level 2, Private Full Bath, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Prefabricated, Ventless Gas Fireplace, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, Textured Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling, Two Story Foyer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Separate Breakfast Room, Pantry, Island In Kitchen
  • Misc Interior: Walk-In Closet(s), Permanent Attic Stairs, Attic Access, Walk-In Attic, Mud Room, Security System, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Loft/Balcony, Media Room, Attic
  • Total Bathrooms: 4.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, 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: Porch, Covered Patio, Sidewalks
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 4
  • Parking Display: G4A
  • Parking Storage: Driveway/Pad, More than 3 Coverd Spaces, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Central, Gas, Dual System
  • Security: Burglar Alarm, Fire Alarm, Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 550
  • Neighborhood Amenities: Lake, Recreation Facilities
  • 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%
Total Days on Market
1
Views
97
Current Estimated Value
$1,177,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,000
Avg. Annual Appreciation
8.28%
Original Mortgage
$726,300
Outstanding Balance
$714,309
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$485,691

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
Oak Grove Realty, LLC
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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,030,000 Memphis Title Company
Warranty Deed $964,500 Memphis Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $726,300 New Conventional
Previous Owner $647,200 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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
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

Source: Memphis Area Association of REALTORS®

MLS Number: 10120405

Memphis Area Association of REALTORS®

APN: C02-58T- -C-00039

Tennessee Shelby County Collierville 38017

10725 Magnolia Park Cir S, Collierville, TN

Homes for Sale in Collierville, TN

This home is located at 10725 Magnolia Park Cir S, Collierville, TN 38017 and is currently priced at $964,500, approximately $192 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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