NOT LISTED FOR SALE

11081 Shady Ln Eads, TN 38028

Gray's Creek Neighborhood

Estimated Value: $848,000 - $937,386

5 Beds
4.5 Baths
5,000-5,499 Sq Ft
$161/Sq Ft Est. Value

Last Sold November 29, 2017

Last sale price $416,500 $76 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $5,430/month

90 Days on Market

Highlights

  • Water Views
  • Sitting Area In Primary Bedroom
  • 5 Acre Lot
  • Lake On Lot
  • Updated Kitchen
  • Den with Fireplace

About This Home

As of November 2017

Newly Renovated top to bottom. 5 quiet acres, horse pasture, pond, boarding horse farm next door. This 5 bedroom 4.5 bath home has lots of room and is completely updated. Guest or in-law suite with its own kitchen, Den and separate entrances. Hardwood floors on the entire downstairs, new carpet in bedrooms and baths have been updated. Separate workshop/play house out back with a garage for working on whatever your hobbies are. Great opportunity to be in the country but minutes from everything.

Last Agent to Sell the Property

Robert Gorman

Crye-Leike, Inc., REALTORS License #260735 Listed on: 07/31/2017

Crye-Leike, Inc., REALTORS

Co-Listed By

Richard Leike

Crye-Leike, Inc., REALTORS License #52176

Last Buyer's Agent

Deborah Meyer

Crye-Leike, Inc., REALTORS License #339345

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,502

Year Built

  • Built in 1969

Lot Details

  • 5 Acre Lot
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 5,000-5,499 Sq Ft Home
  • 5,058 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Fireplace Features Masonry
  • Some Wood Windows
  • Double Pane Windows
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • 2 Fireplaces
  • Loft
  • Play Room
  • Keeping Room
  • Water Views

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

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
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Circular Driveway

Outdoor Features

  • Lake On Lot
  • Patio
  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Shady Creek Farm Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,502

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 871A
  • MAAR Subdivision Name: Shady Creek Farms
  • List Price Per Sq Ft: 85
  • Number Of Stories: 2
  • Price Per Sq Ft: 82.34
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 5058
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room, Keeping/Hearth Room
  • Second Story Floor Plan: Primary Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Office
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Up, Renovated Bathroom, Double Vanity Bath, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 5000-5499
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Private Full Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 1, Private Full Bath, Smooth Ceiling, Tile Floor
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Great Room, Updated/Renovated Kitchen, Breakfast Bar, Island In Kitchen, Washer/Dryer Connections, Keeping/Hearth Room
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Play Room, Loft/Balcony
  • 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 2, Walk-In Closet, Full Bath, Sitting Area, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Storage Building, Patio, Workshop
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Driveway/Pad, Circular Drive, Workshop(s), Garage Door Opener(s), Back-Load Garage

Utilities

  • Cooling: Central, 3 or More Systems
  • Heating: Central, Electric, Propane Gas, 3 or More Systems
  • Water Sewer: Electric Water Heater, 2+ Water Heaters, Public Water, Septic Tank

Lot Info

  • Lot Description: Some Trees, Lake/Pond on Property, Water View, Landscaped
  • Acreage: 5
  • Keeping Hearth Dimension: 17x25
  • Lot Size: 5ac
  • Price Per Acre: 85800

Multi Family

  • Number Of Rooms: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
Beisner Ernest C and Beisner Deborah M
Bought by
Beisner Ernest C and Beisner Deborah M
Total Days on Market
90
Current Estimated Value
$885,462

Purchase Details

Listed on
Jul 31, 2017
Closed on
Nov 29, 2017
Sold by
Stimpson Ronald W
Bought by
Beisner Ernest C and Beisner Deborah M
Seller's Agent
Robert Gorman
Crye-Leike, Inc., REALTORS
Buyer's Agent
Deborah Meyer
Crye-Leike, Inc., REALTORS
List Price
$499,900
Sold Price
$416,500
Premium/Discount to List
-$83,400
-16.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%
Original Mortgage
$374,850
Outstanding Balance
$318,056
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$567,406

Purchase Details

Closed on
Sep 15, 2017
Sold by
Geerdes George H and Geerdes Karen R
Bought by
Stimpson Ronald W

Purchase Details

Closed on
Sep 14, 2017
Sold by
Stimpson Ronald W
Bought by
Stimpson Ronlad W

Purchase Details

Closed on
Jan 25, 2017
Sold by
Geerdes George H and Geerdes Karen R
Bought by
Stimpson Ronald W

Purchase Details

Closed on
Feb 19, 2014
Sold by
Geerdes George H
Bought by
Geerdes Klaren R
Source: Public Records

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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 Buyer Sale Price Title Company
Beisner Ernest C -- None Available
Beisner Ernest C $165,000 Realty Title
Stimpson Ronald W -- None Available
Stimpson Ronlad W -- None Available
Stimpson Ronald W $225,000 Tri State Title Llc
Geerdes Klaren R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beisner Ernest Calvin $194,500
Open Beisner Ernest C $374,850
Previous Owner Geerdes George H $750,000
Previous Owner Geerdes George H $39,500
Previous Owner Geerdes George H $19,200
Previous Owner Geerdes George H $26,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2017 11/29/17 Sold $416,500 -16.7% $83 / Sq Ft
10/29/2017 10/29/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $499,900 -- $100 / 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 $5,502 $208,875 $70,125 $138,750
2024 $5,502 $162,300 $65,125 $97,175
2023 $5,502 $162,300 $65,125 $97,175
2022 $5,502 $162,300 $65,125 $97,175
2021 $6,573 $162,300 $65,125 $97,175
2020 $5,232 $129,175 $60,125 $69,050
2019 $5,232 $129,175 $60,125 $69,050
2018 $4,083 $100,825 $42,075 $58,750
2017 $5,473 $133,175 $42,075 $91,100
2016 $5,193 $118,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Gorman

    Seller's Agent in 2017

    Robert Gorman

    Crye-Leike, Inc., REALTORS

    (901) 233-8515

    4 in this area

    64 Total Sales

    Robert Gorman
    Section Image
  • Richard Leike

    Seller Co-Listing Agent in 2017

    Richard Leike

    Crye-Leike, Inc., REALTORS

    (901) 486-2070

    1 in this area

    15 Total Sales

    Richard Leike
    Section Image
  • Deborah Meyer

    Buyer's Agent in 2017

    Deborah Meyer

    Crye-Leike

    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10008632

Memphis Area Association of REALTORS®

APN: D0-222-0-0551

Tennessee Shelby County Eads 38028 Gray's Creek

11081 Shady Ln, Eads, TN

This home is located at 11081 Shady Ln, Eads, TN 38028 since 31 July 2017 and is currently estimated at $885,462, approximately $161 per square foot. This property was built in 1969. 11081 Shady Ln is a home located in Shelby County with nearby schools including Macon-Hall Elementary School, Mt. Pisgah Middle School, and Germantown High School.

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