NOT LISTED FOR SALE

1197 Fall Springs Rd Collierville, TN 38017

Estimated Value: $812,000 - $927,000

5 Beds
4.5 Baths
5,968 Sq Ft
$147/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $429,900 $72 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $5,137/month

Highlights

  • Home Theater
  • Heated In Ground Pool
  • Fireplace in Hearth Room
  • Sycamore Elementary School Rated A
  • Landscaped Professionally
  • Vaulted Ceiling

About This Home

As of June 2012

Beautiful home convenient to everything! Elegant stairway with 2 story entry, gourmet kitchen with granite, central vac, gunite saltwater pool with hot tub, waterfall and spa system. This home has many more extras! BETTER HURRY ON THIS ONE!

Last Agent to Sell the Property

Ryan Ballard

ResiAmerica, Inc. License #317959 Listed on: 05/29/2012

Last Buyer's Agent

Joseph Jackson

BenchMark REALTORS, LLC License #296952

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,132

Year Built

  • Built in 2003

Lot Details

  • 0.43 Acre Lot
  • Landscaped Professionally
  • Level Lot
  • Sprinklers on Timer

Home Design

  • French Architecture
  • Composition Shingle Roof

Interior Spaces

  • 5,968 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Smooth Ceilings
  • Vaulted Ceiling
  • Fireplace in Hearth Room
  • Gas Fireplace
  • Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Play Room
  • Keeping Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Pool

  • Heated In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Patio

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas

Community Details

  • Southridge Ph 2 Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number C0258S B00057

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,132

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: French
  • Detached Unit Type: General Residential
  • MLS Map #: 875B
  • MAAR Subdivision Name: SOUTHRIDGE PH2
  • Number Of Stories: 2
  • Price Per Sq Ft: 72.03
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 5968
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • 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
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Private Full Bath, Carpet
  • Bedroom 5 Description: Level 2, Walk-In Closet, Shared Bath
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Vented Gas Fireplace, In Keeping/Hearth room
  • Floors/Ceilings: Wall to Wall Carpet, Part Hardwood, Tile, Marble/Terrazzo
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Gas Cooking, Disposal, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Washer/Dryer Connections, Keeping/Hearth Room
  • Misc Interior: Walk-In Closet(s), Walk-In Attic, Central Vacuum
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Laundry Closet, Play Room, Entry Hall, Media Room
  • Total Bathrooms: 4.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Vaulted/Coffered Ceiling, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Vaulted/Coffered Ceiling, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Pool Cleaning Equipment, Pool Heater, Patio
  • Exterior Windows: Brick Veneer, Stone
  • 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, 3 or More Systems
  • Heating: Central, Gas, Dual System

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Professionally Landscaped
  • Lot Number: 96
  • Acreage: 0.43
  • Lot Size: 18649 SF 121 X 160

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: C0258S B00057

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2012
Closed on
Jun 15, 2012
Sold by
Pennymac Corp
Bought by
Green Charles and Green Cynthia Cross
Seller's Agent
Ryan Ballard
ResiAmerica, Inc.
Buyer's Agent
Joseph Jackson
BenchMark REALTORS, LLC
List Price
$449,900
Sold Price
$429,900
Premium/Discount to List
-$20,000
-4.45%
Current Estimated Value
$875,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,218
Avg. Annual Appreciation
5.48%
Original Mortgage
$414,531
Outstanding Balance
$286,339
Interest Rate
3.76%
Mortgage Type
VA
Estimated Equity
$588,779

Purchase Details

Closed on
Feb 28, 2012
Sold by
Fortwengler Laura D and Fortwengler Laura D
Bought by
Pennymac Corp

Purchase Details

Closed on
Jun 24, 2009
Sold by
Fortwengler Terry D
Bought by
Fortwengler Laura D

Purchase Details

Closed on
Jan 15, 2004
Sold by
Better Homes Co Llc
Bought by
Fortwengler Terry D and Fortwengler Laura D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 1, 2002
Sold by
Southridge Capital Llc
Bought by
The Better Homes Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.01%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Green Charles $429,900 Multiple
Pennymac Corp $332,131 None Available
Fortwengler Laura D -- None Available
Fortwengler Terry D -- --
The Better Homes Company Llc $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Charles $414,531
Previous Owner Fortwengler Terry D $300,000
Previous Owner The Better Homes Company Llc $420,000
Closed Fortwengler Terry D $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2012 06/29/12 Sold $429,900 -4.4% $72 / Sq Ft
06/02/2012 06/02/12 Pending -- -- --
05/29/2012 05/29/12 For Sale $449,900 -- $75 / 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 $6,132 $234,175 $33,125 $201,050
2024 $6,132 $180,875 $23,625 $157,250
2023 $9,460 $180,875 $23,625 $157,250
2022 $9,243 $180,875 $23,625 $157,250
2021 $9,351 $180,875 $23,625 $157,250
2020 $8,711 $148,150 $23,625 $124,525
2019 $6,000 $148,150 $23,625 $124,525
2018 $6,000 $148,150 $23,625 $124,525
2017 $6,089 $148,150 $23,625 $124,525
2016 $6,114 $139,900 $0 $0
2014 $6,114 $139,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Ryan Ballard

    ResiAmerica, Inc.

    Section Image

  • J

    Buyer's Agent in 2012

    Joseph Jackson

    BenchMark REALTORS, LLC

    (901) 351-6641

    68 Total Sales

    Joseph Jackson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3248431

Memphis Area Association of REALTORS®

APN: C0-258S-B0-0057

Tennessee Shelby County Collierville 38017

1197 Fall Springs Rd, Collierville, TN

This home is located at 1197 Fall Springs Rd, Collierville, TN 38017 since 29 May 2012 and is currently estimated at $875,118, approximately $146 per square foot. This property was built in 2003. 1197 Fall Springs Rd is a home located in Shelby County with nearby schools including Sycamore Elementary School, Collierville Middle School, and Collierville High School.

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