NOT LISTED FOR SALE

Estimated Value: $2,032,000 - $2,719,000

5 Beds
8 Baths
7,000-7,999 Sq Ft
$287/Sq Ft Est. Value

Last Sold February 25, 2019

Last sale price $1,500,000 $188 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $14,015/month

71 Days on Market

Highlights

  • Home Theater
  • Sitting Area In Primary Bedroom
  • Landscaped Professionally
  • White Station High Rated A
  • Gated Community
  • Fireplace in Hearth Room

About This Home

As of February 2019

Just like a fine piece of art, this magnificent home boasts the finest in brush strokes, textures and finishes. So much thought and attention to detail went into this home, it’s beyond perfect! MBR + 2nd Suite DOWN (4+ Suites!). Media + Play/Exercise Rm. Kitchen w/Granite, Stainless, 25 Cabinets, 6 Burner Viking Gas, Wine, Sub-Zero + Butler Pantry/Catering Area w/3rd Oven, 2nd DW, Ice! Two Outdoor Entertainment areas - one with retractable screens! 24 Hour Guard at Gate + Night roaming Guard!

Last Agent to Sell the Property

Sheldon Rosengarten

Marx-Bensdorf, REALTORS License #53193 Listed on: 10/19/2018

Co-Listed By

Kelly Erb

Marx-Bensdorf, REALTORS License #327414

Last Buyer's Agent

Stanley Mills

Crye-Leike, Inc., REALTORS License #18699

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,501

Year Built

  • Built in 2007

Lot Details

  • 0.42 Acre Lot
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped Professionally
  • Level Lot
  • Few Trees

HOA Fees

  • $386 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • French Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 7,000-7,999 Sq Ft Home
  • 7,637 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Some Wood Windows
  • Double Pane Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • 3 Fireplaces
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Bonus Room with Fireplace
  • Play Room
  • Screened Porch
  • Keeping Room
  • Termite Clearance
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Marble
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 080021 E00018

Community Details

Overview

  • Shady Grove Pd Subdivision
  • Mandatory home owners association

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,501

Year Built

Built in 2007

Lot Details

0

HOA Fees

$386 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, French
  • Detached Unit Type: General Residential
  • Cross Street: Shady Grove South
  • MLS Map #: 782G
  • MAAR Subdivision Name: RIVER OAKS
  • List Price Per Sq Ft: 208
  • Number Of Stories: 2
  • Price Per Sq Ft: 196.41
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 7637
  • Termite Contract: Yes
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Keeping/Hearth Room, Breakfast Room, Office
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room, Bonus Room, Media Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 7000 - 7999
  • Bedroom 2 Description: Level 1, Walk-In Closet, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 2, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: In Living Room, In Keeping/Hearth room, In Other Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Marble/Terrazzo, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Equipment: Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Separate Ice Maker
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: Wet Bar, Walk-In Closet(s)
  • Number Of Fireplaces: 3
  • Other Rooms: Laundry Room, Library/Study, Play Room, Bonus Room, Office/Sewing Room, Entry Hall, Media Room
  • Total Bathrooms: 6.2
  • 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, Sitting Area, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Screen Porch, Patio, Covered Patio
  • Exterior Windows: Brick Veneer, Wood Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 3
  • Parking Display: 3A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 3 or More Systems, 220 Wiring
  • Heating: Central, Gas, 3 or More Systems
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 4632
  • Neighborhood Amenities: Gated Neighborhood
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Professionally Landscaped, Wood Fenced, Iron Fenced
  • Lot Number: 18
  • Acreage: 0.42
  • Keeping Hearth Dimension: 19x18
  • Lot Size: 18340 SF 108.31 X 155.23 (IRR)
  • Price Per Acre: 3785714

Multi Family

  • Number Of Rooms: 12

Tax Info

  • Assessor Parcel Number: 080021 E00018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2018
Closed on
Feb 25, 2019
Sold by
Posey Paul J
Bought by
Turk Stanley C and Turk Kathryn B
Seller's Agent
Sheldon Rosengarten
Marx-Bensdorf, REALTORS
Buyer's Agent
Stanley Mills
Crye-Leike, Inc., REALTORS
List Price
$1,590,000
Sold Price
$1,500,000
Premium/Discount to List
-$90,000
-5.66%
Current Estimated Value
$2,283,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$783,804
Avg. Annual Appreciation
6.37%

Purchase Details

Closed on
Apr 29, 2015
Sold by
Posey Patricia E
Bought by
Posey Paul J and Posey Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 5, 2007
Sold by
Doyle C Ricks & Co
Bought by
Posey Paul J and Posey Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2005
Sold by
Blair John J and Blair Christine A
Bought by
Doyle C Ricks & Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.57%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 2, 2004
Sold by
Lenoir Kenneth B and Lenoir Jo Ann
Bought by
Blair John J and Blair Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
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
Turk Stanley C $1,500,000 None Available
Posey Paul J -- None Available
Posey Paul J $1,750,000 None Available
Doyle C Ricks & Co $320,000 --
Blair John J $291,354 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Posey Paul J $100,000
Previous Owner Posey Paul J $960,000
Previous Owner Posey Paul J $970,000
Previous Owner Posey Paul J $1,000,000
Previous Owner Doyle C Ricks & Co $1,100,000
Previous Owner Doyle C Ricks & Co $347,500
Previous Owner Blair John J $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2019 02/25/19 Sold $1,500,000 -5.7% $214 / Sq Ft
12/29/2018 12/29/18 Pending -- -- --
10/19/2018 10/19/18 For Sale $1,590,000 -- $227 / 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 $13,501 $461,075 $95,575 $365,500
2024 $13,501 $398,250 $95,575 $302,675
2023 $24,260 $398,250 $95,575 $302,675
2022 $24,260 $398,250 $95,575 $302,675
2021 $24,544 $398,250 $95,575 $302,675
2020 $28,453 $392,675 $89,500 $303,175
2019 $12,164 $380,600 $89,500 $291,100
2018 $12,164 $380,600 $89,500 $291,100
2017 $12,347 $377,425 $89,500 $287,925
2016 $16,388 $375,000 $0 $0
2014 $16,388 $375,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10039024

Memphis Area Association of REALTORS®

APN: 08-0021-E0-0018