NOT LISTED FOR SALE

10871 Monterey Forest Cove Eads, TN 38028

Gray's Creek Neighborhood

Estimated Value: $533,000 - $890,000

4 Beds
4 Baths
4,000-4,499 Sq Ft
$160/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $575,000 $128 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,305/month

133 Days on Market

Highlights

  • Spa
  • Two Primary Bathrooms
  • Fireplace in Primary Bedroom
  • 2 Acre Lot
  • Landscaped Professionally
  • Deck

About This Home

As of February 2024

NEW PRICE!!! MOTIVATED SELLER - APPRAISED AT $700,000 Just 5 minutes to Briarcrest Chrisitan School this Grand, Beautiful, Custom-Built home is nestled on 2 acres. Surrounded by trees lies this 4496 Sq. Ft. Southern Charmer with open floor plan, hardwood, carpet and tile downstairs. First floor has l primary bedroom, complete with fireplace, bath and large closet. Private office with pocket doors overlooks front yard. 2 staircases lead to 3 bedrooms and 2 full bathrooms. Primary up and down!

Last Agent to Sell the Property

Sandra Forsyth

Crye-Leike, Inc., REALTORS License #365925 Listed on: 08/30/2023

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Shawna Hearn

Keller Williams License #335728

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,738

Year Built

  • Built in 1994

Lot Details

  • 2 Acre Lot
  • Landscaped Professionally
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 4,000-4,499 Sq Ft Home
  • 4,491 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Some Wood Windows
  • Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Bathroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall
  • Window or Skylight in Bathroom

Home Security

  • Home Security System
  • Intercom

Parking

  • 3 Car Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking

Outdoor Features

  • Spa
  • Cove
  • Deck

Utilities

  • Central Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Monterey Forest Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,738

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 871A
  • MAAR Subdivision Name: Monterey Forest Estates
  • Number Of Stories: 2
  • Price Per Sq Ft: 128.03
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4491
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 Bath, Laundry Room, Office
  • Second Story Floor Plan: Primary Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: Primary Down, Primary Up, Vaulted/Coffered Primary, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Sky Light(s) in Bath, 2 Full Primary Baths
  • Estimated Heated Sq Ft Range: 4000-4499
  • Bedroom 2 Description: Level 2, Walk-In Closet, 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
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Masonry
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Slate
  • Full Bathrooms: 4
  • Equipment: Double Oven, Cooktop, Disposal, Dishwasher, Intercom, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry
  • Misc Interior: Attic Access, Walk-In Attic, Security System
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Entry Hall, Attic
  • Total Bathrooms: 4
  • 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, Level 2, Walk-In Closet, Full Bath, Fireplace, Built-In Cabinets/Bkcases, Vaulted/Coffered Ceiling, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Deck, Hot Tub, Wooded Grounds
  • Exterior Windows: Brick Veneer, Wood Window(s)
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Sewer

Lot Info

  • Lot Description: Wooded, Cove, Professionally Landscaped
  • Acreage: 2
  • Lot Size: 2 AC
  • Price Per Acre: 299500

Multi Family

  • Number Of Rooms: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Feb 12, 2024
Sold by
Donald A Petri Revocable Trust
Bought by
Workman Richard Neil and Workman Grace Elizabeth
Seller's Agent
Sandra Forsyth
Crye-Leike, Inc., REALTORS
Buyer's Agent
Shawna Hearn
Keller Williams
List Price
$685,000
Sold Price
$575,000
Premium/Discount to List
-$110,000
-16.06%
Views
102
Current Estimated Value
$717,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,647
Avg. Annual Appreciation
15.81%
Original Mortgage
$460,000
Outstanding Balance
$453,653
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$263,994

Purchase Details

Closed on
May 27, 2021
Sold by
Petri Donald A and Petri Joanne F
Bought by
Petri Donald A and Donald A Petri Revocable Trust

Purchase Details

Closed on
Aug 14, 2007
Sold by
Petri Donald A
Bought by
Petri Donald L

Purchase Details

Closed on
May 4, 2002
Sold by
Petri Donald A
Bought by
Petri Joanne F
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
Workman Richard Neil $575,000 Realty Title & Escrow
Petri Donald A -- None Available
Petri Donald L -- None Available
Petri Joanne F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Workman Richard N $50,000
Open Workman Richard Neil $460,000
Previous Owner Petri Donald A $100,000
Previous Owner Petri Donald A $40,000
Previous Owner Petri Donald A $148,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Sold $575,000 -4.0% $144 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
01/05/2024 01/05/24 Price Changed $599,000 -7.6% $150 / Sq Ft
11/14/2023 11/14/23 Price Changed $648,000 -4.6% $162 / Sq Ft
11/02/2023 11/02/23 Price Changed $679,000 -0.9% $170 / Sq Ft
10/11/2023 10/11/23 For Sale $685,000 0.0% $171 / Sq Ft
10/06/2023 10/06/23 Pending -- -- --
10/04/2023 10/04/23 Price Changed $685,000 -2.0% $171 / Sq Ft
08/30/2023 08/30/23 For Sale $699,000 -- $175 / 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 $4,738 $163,550 $23,475 $140,075
2024 $4,738 $139,750 $21,800 $117,950
2023 $4,738 $139,750 $21,800 $117,950
2022 $4,738 $139,750 $21,800 $117,950
2021 $4,821 $139,750 $21,800 $117,950
2020 $4,307 $106,350 $20,125 $86,225
2019 $4,307 $106,350 $20,125 $86,225
2018 $4,307 $106,350 $20,125 $86,225
2017 $4,371 $106,350 $20,125 $86,225
2016 $4,287 $98,100 $0 $0
2014 $4,287 $98,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sandra Forsyth

    Seller's Agent in 2024

    Sandra Forsyth

    Crye-Leike, Inc., REALTORS

    (901) 848-4486

    2 in this area

    14 Total Sales

    Section Image

  • S

    Buyer's Agent in 2024

    Shawna Hearn

    Keller Williams

    (901) 849-3848

    2 in this area

    14 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10155557

Memphis Area Association of REALTORS®

APN: D0-222N-B0-0004

Tennessee Shelby County Eads 38028 Gray's Creek

10871 Monterey Forest Cove, Eads, TN

This home is located at 10871 Monterey Forest Cove, Eads, TN 38028 since 30 August 2023 and is currently estimated at $717,647, approximately $159 per square foot. This property was built in 1994. 10871 Monterey Forest Cove is a home located in Shelby County with nearby schools including Macon-Hall Elementary School, Mt. Pisgah Middle School, and Germantown High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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