NOT LISTED FOR SALE

Estimated Value: $847,000 - $1,026,000

5 Beds
4.5 Baths
4,500-4,999 Sq Ft
$189/Sq Ft Est. Value

Last Sold August 14, 2017

Last sale price $625,000 $125 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,601/month

Highlights

  • Sitting Area In Primary Bedroom
  • Colonial Architecture
  • Wooded Lot
  • 8.88 Acre Lot
  • Fireplace in Hearth Room
  • Wood Flooring

About This Home

As of August 2017

Award-winning, custom farm home on 8.888 heavily wooded acres, designed by Looney Ricks Kiss Architects to replicate the look of a 19th Century renovated planter’s home. The home features pine flrs up & dn, 11’ ceils dn & 10’ up, & lots of windows & transoms providing amazing natural light. The kitchen features custom painted & natural pine cabs, granite tops, 2-sided FP to the keeping rm, & 5burner gas cktop. The master bath has painted vanities w/granite, clawfoot tub, & frameless shower.

Last Agent to Sell the Property

Judy McLellan

Crye-Leike, Inc., REALTORS License #16362 Listed on: 07/22/2016

Crye-Leike, Inc., REALTORS

Co-Listed By

Mickey McLellan

Crye-Leike, Inc., REALTORS License #202427

Last Buyer's Agent

Judy McLellan

Crye-Leike, Inc., REALTORS License #16362 Listed on: 07/22/2016

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,805

Year Built

  • Built in 1996

Lot Details

  • 8.88 Acre Lot
  • Landscaped
  • Sprinklers on Timer
  • Wooded Lot

Home Design

  • Colonial Architecture
  • Pier And Beam

Interior Spaces

  • 4,500-4,999 Sq Ft Home
  • 4,628 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Fireplace in Hearth Room
  • Gas Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Home Office
  • Screened Porch
  • Keeping Room
  • Permanent Attic Stairs
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Bathroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Water Heater

Community Details

  • Ward Bethany Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number D0222 00380

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,805

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Colonial
  • Detached Unit Type: General Residential
  • Cross Street: RALEIGH LAGRANGE
  • MLS Map #: 871A
  • MAAR Subdivision Name: BETHANY PLACE
  • List Price Per Sq Ft: 151
  • Number Of Stories: 2
  • Price Per Sq Ft: 135.05
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4628
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 2nd Bedroom, 1 1/2 Bath, Laundry Room, Keeping/Hearth Room, Breakfast Room, Office
  • Second Story Floor Plan: Primary Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR 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, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 5 Description: Level 2, Private Full Bath, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Fireplace: Vented Gas Fireplace, In Living Room, In Keeping/Hearth room
  • Floors/Ceilings: Hardwood Throughout, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Pantry, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: Walk-In Closet(s), Permanent Attic Stairs, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Entry Hall
  • Total Bathrooms: 4.1
  • Primary Bathroom Description: Double Sinks, Separate Shower, Smooth Ceiling
  • P R I M A R Y B E D R O O M: Level 2, Sitting Area, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Screen Porch, Patio, Covered Patio
  • Exterior Windows: Wood/Composition, Double Pane Window(s)
  • Foundation: Conventional

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Garage Door Opener(s)

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: 2+ Water Heaters

Lot Info

  • Lot Description: Wooded, Landscaped
  • Lot Number: 2
  • Acreage: 8.88
  • Keeping Hearth Dimension: 22X17
  • Lot Size: 386813SF 8.88AC 26X330
  • Price Per Acre: 78716

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: D0222 00380

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2016
Closed on
Aug 10, 2017
Sold by
Churchwell Mary Ashley
Bought by
Gaar Gary R and Gaar Deborah K
Seller's Agent
Judy McLellan
Crye-Leike, Inc., REALTORS
Buyer's Agent
Judy McLellan
Crye-Leike, Inc., REALTORS
List Price
$750,000
Sold Price
$625,000
Premium/Discount to List
-$125,000
-16.67%
Current Estimated Value
$946,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,451
Avg. Annual Appreciation
5.31%
Original Mortgage
$500,000
Outstanding Balance
$401,169
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$548,246

Purchase Details

Closed on
Apr 8, 2016
Sold by
Ward John D
Bought by
Churchwell Mary Ashley
Source: Public Records

Range of Values:

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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
Gaar Gary R $625,000 Realty Title
Churchwell Mary Ashley -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaar Gary R $500,000
Previous Owner Ward John D $248,000
Previous Owner Ward John D $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2017 08/14/17 Sold $625,000 -16.7% $139 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
07/22/2016 07/22/16 For Sale $750,000 -- $167 / 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 $5,805 $241,500 $57,050 $184,450
2024 $5,805 $171,250 $52,375 $118,875
2023 $5,805 $171,250 $52,375 $118,875
2022 $5,805 $171,250 $52,375 $118,875
2021 $5,908 $171,250 $52,375 $118,875
2020 $5,687 $140,425 $48,350 $92,075
2019 $5,687 $140,425 $48,350 $92,075
2018 $5,687 $140,425 $48,350 $92,075
2017 $5,771 $140,425 $48,350 $92,075
2016 $5,894 $134,875 $0 $0
2014 $5,894 $134,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9982538

Memphis Area Association of REALTORS®

APN: D0-222-0-0380