NOT LISTED FOR SALE

12250 Monterey Rd Collierville, TN 38017

Gray's Creek Neighborhood

Estimated Value: $346,000 - $577,000

3 Beds
2 Baths
2,116 Sq Ft
$221/Sq Ft Est. Value

Last Sold January 15, 2013

Last sale price $263,700 $125 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,751/month

Highlights

  • 5.93 Acre Lot
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of March 2013

One of a kind rental in the country. Clean, neat, newly painted ranch style home with plenty of room to roam. GREAT SCHOOLS $1400 for one year lease. Short-term lease negiotable.

Last Agent to Rent the Property

Sally Summerlin

Summerlin & Associates, LLC License #312764 Listed on: 02/04/2013

Last Renter's Agent

Sally Summerlin

Summerlin & Associates, LLC License #312764 Listed on: 02/04/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,737

Year Built

  • Built in 1986

Lot Details

  • 5.93 Acre Lot

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,116 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Attic Access Panel

Kitchen

  • Oven or Range
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number D0223 00050

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,737

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MLS Map #: 799A
  • Freestanding: Yes
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 0.64
  • Estimated Sq Ft: 2116
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Up, Split Bedroom Plan
  • Bedrooms: 3
  • Bedrooms Down: 2
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Cooktop, Disposal, Dishwasher
  • Misc Interior: Attic Access
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A

Lot Info

  • Acreage: 5.93
  • Lot Size: 5.93AC 272.73/20.97+249.03X978/ ~

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: D0223 00050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2013
Closed on
Jan 7, 2013
Sold by
Rapp Kevin and Rapp Katherine L
Bought by
Royalty James P and Royalty Stacy R
Seller's Agent
Sally Summerlin
Summerlin & Associates, LLC
Buyer's Agent
Sally Summerlin
Summerlin & Associates, LLC
Sold Price
$1,350
Total Days on Market
25
Current Estimated Value
$466,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,431
Avg. Annual Appreciation
4.30%
Original Mortgage
$197,775
Outstanding Balance
$139,324
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$309,748

Purchase Details

Closed on
Jul 30, 2003
Sold by
Briggs Harry Joe and Briggs Deborah A
Bought by
Rapp Kevin and Rapp Katherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
2.75%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Royalty James P $263,700 Mid South Title Services Llc
Rapp Kevin $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Royalty James P $197,775
Previous Owner Rapp Kevin $240,000
Previous Owner Rapp Kevin $14,500
Previous Owner Rapp Kevin $261,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2013 03/02/13 Rented $1,350 -15.6% --
03/01/2013 03/01/13 Under Contract -- -- --
02/04/2013 02/04/13 For Rent $1,600 0.0% --
01/15/2013 01/15/13 Sold $263,700 -15.5% $132 / Sq Ft
11/26/2012 11/26/12 Pending -- -- --
04/06/2012 04/06/12 For Sale $312,000 -- $156 / 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 $2,737 $114,000 $55,625 $58,375
2024 $2,737 $80,725 $51,650 $29,075
2023 $2,737 $80,725 $51,650 $29,075
2022 $2,737 $80,725 $51,650 $29,075
2021 $2,785 $80,725 $51,650 $29,075
2020 $3,196 $78,925 $47,675 $31,250
2019 $3,196 $78,925 $47,675 $31,250
2018 $3,196 $78,925 $47,675 $31,250
2017 $3,244 $78,925 $47,675 $31,250
2016 $3,155 $72,200 $0 $0
2014 $3,155 $72,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sally Summerlin

    Landlord's Agent in 2013

    Sally Summerlin

    Summerlin & Associates, LLC

    (901) 481-9335

    13 Total Sales

    Sally Summerlin
    Section Image

  • P

    Seller's Agent in 2013

    Paige Michael

    RE/MAX

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3264470

Memphis Area Association of REALTORS®

APN: D0-223-0-0050

Tennessee Shelby County Collierville 38017 Gray's Creek

12250 Monterey Rd, Collierville, TN

This home is located at 12250 Monterey Rd, Collierville, TN 38017 since 04 February 2013 and is currently priced at $466,781. This property was built in 1986. 12250 Monterey Rd 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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