NOT LISTED FOR SALE

1098 Summer Springs Rd Collierville, TN 38017

Estimated Value: $725,379 - $799,000

6 Beds
4.5 Baths
5,000-5,499 Sq Ft
$140/Sq Ft Est. Value

Last Sold September 29, 2014

Last sale price $430,000 $78 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,609/month

204 Days on Market

Highlights

  • Second Kitchen
  • Home Theater
  • Landscaped Professionally
  • Sycamore Elementary School Rated A
  • In Ground Pool
  • Traditional Architecture

About This Home

As of September 2014

Outstanding Plan w/Sep Guest Quarters Down! Enjoy Hot Summer Days & Relaxing Evenings around the Inground Gunite Pool w/Waterfall! Awesome Kitchen w/Granite Tops, SS Appliances, Dbl Ovens, Bfast Bar & Island * Guest Quarters include Living Rm, Eat-In Kitchen, Large BR & Full Bath * Master BR Down * 4 BRs, 2 Full Baths, Game Rm AND Office/Media Rm Up * Loft Area Overlooks 2 Story Entry * Front & Rear Stairs * Laundry Rm * Fire Sprinkler Sys * Dbl Pane Windows * Circle Dr * Koi Pond & Arbor

Last Agent to Sell the Property

Michael Green

John Green & Co., REALTORS License #267479 Listed on: 02/03/2014

Co-Listed By

Allen Green

John Green & Co., REALTORS License #242429

Last Buyer's Agent

Andra Huggins

C21 Home First, REALTORS License #258534

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,840

Year Built

  • Built in 2002

Lot Details

  • 0.46 Acre Lot
  • Wood Fence
  • Brick Fence
  • Landscaped Professionally
  • Level Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 5,000-5,499 Sq Ft Home
  • 5,199 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Two Story Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Den with Fireplace
  • Loft
  • Bonus Room
  • Play Room
  • Permanent Attic Stairs
  • Fire Sprinkler System
  • Laundry Room

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Outdoor Features

  • In Ground Pool
  • Patio
  • Porch

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Southridge Ph 2 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number C0258S B00091

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,840

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 875B
  • MAAR Subdivision Name: SOUTHRIDGE PH2
  • Freestanding: Yes
  • List Price Per Sq Ft: 85
  • Number Of Stories: 2
  • Price Per Sq Ft: 82.71
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 5199
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great 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, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 5000-5499
  • Bedroom 2 Description: Level 1, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Shared Bath, Carpet
  • Bedroom 5 Description: Level 2, Walk-In Closet, Carpet
  • Bedrooms: 6
  • Bedrooms Down: 2
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Two Story Foyer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Double Oven, Cooktop, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Dining Room, Great Room, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen
  • Misc Interior: Walk-In Closet(s), Permanent Attic Stairs, Rear Stairs to Playroom, Fire Sprinklers
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, In-Law Quarters, 2nd Kitchen, Entry Hall, Loft/Balcony, Media Room
  • Total Bathrooms: 4.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Brick Veneer
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 3 or More Systems
  • Heating: Central, Gas, 3 or More Systems
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Professionally Landscaped, Wood Fenced, Brick/Stone Fenced
  • Lot Number: 130
  • Acreage: 0.46
  • Lot Size: 20005 SF 112 X 190
  • Price Per Acre: 966304

Multi Family

  • Number Of Rooms: 13

Tax Info

  • Assessor Parcel Number: C0258S B00091

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2014
Closed on
Sep 29, 2014
Sold by
Bounds Richard L and Bounds Christine L
Bought by
Dockstader John R and Dockstader Sarah L
Seller's Agent
Michael Green
John Green & Co., REALTORS
Buyer's Agent
Andra Huggins
C21 Home First, REALTORS
List Price
$455,900
Sold Price
$430,000
Premium/Discount to List
-$25,900
-5.68%
Current Estimated Value
$771,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,925
Avg. Annual Appreciation
5.45%
Original Mortgage
$305,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 7, 2003
Sold by
Bounds Richard L and Bounds Christine L
Bought by
Richard L & Christine L Bounds Living Tr

Purchase Details

Closed on
Feb 19, 2003
Sold by
Bounds Richard L and Bounds Christine L
Bought by
Bounds Richard L and Bounds Christine L

Purchase Details

Closed on
Sep 20, 2002
Sold by
Harrell Homebuilders Llc
Bought by
Bounds Richard L and Bounds Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,700
Interest Rate
6.19%

Purchase Details

Closed on
Apr 10, 2002
Sold by
Southridge Capital Llc
Bought by
Harrell Homebuilders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.8%
Mortgage Type
Construction
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
Dockstader John R $430,000 None Available
Richard L & Christine L Bounds Living Tr -- --
Bounds Richard L -- --
Bounds Richard L -- --
Bounds Richard L $352,700 --
Harrell Homebuilders Llc $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dockstader John R $265,874
Closed Dockstader John R $274,000
Closed Dockstader John R $305,000
Previous Owner Bounds Richard L $112,700
Previous Owner Harrell Homebuilders Llc $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2014 09/29/14 Sold $430,000 -5.7% $86 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $455,900 -- $91 / 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 $4,840 $173,050 $33,125 $139,925
2024 $4,840 $142,775 $23,625 $119,150
2023 $7,467 $142,775 $23,625 $119,150
2022 $7,296 $142,775 $23,625 $119,150
2021 $7,381 $142,775 $23,625 $119,150
2020 $6,949 $118,175 $23,625 $94,550
2019 $4,786 $118,175 $23,625 $94,550
2018 $4,786 $118,175 $23,625 $94,550
2017 $4,857 $118,175 $23,625 $94,550
2016 $4,958 $113,450 $0 $0
2014 $4,958 $113,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3289838

Memphis Area Association of REALTORS®

APN: C0-258S-B0-0091