NOT LISTED FOR SALE

12623 Nectar Ridge Cove Arlington, TN 38002

Estimated Value: $486,000 - $515,000

3 Beds
2.5 Baths
2,400-2,599 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $343,590 $132 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,892/month

Highlights

  • New Construction
  • Community Lake
  • Wood Flooring
  • Arlington Elementary School Rated A
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of June 2020

This home is located at 12623 Nectar Ridge Cove, Arlington, TN 38002 since 25 June 2020 and is currently estimated at $502,096, approximately $209 per square foot. This property was built in 2020. 12623 Nectar Ridge Cove is a home located in Shelby County with nearby schools including Arlington Elementary School, Arlington Middle School, and Arlington High School.

Last Agent to Sell the Property

Janet Leap

Grant & Co., REALTORS License #223507 Listed on: 06/25/2020

Co-Listed By

Rebecca Kuntzman

D R Horton Memphis License #335635

Last Buyer's Agent

Paul Morris

Morris and Morris License #292517

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,162

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Lot Dimensions are 70x133
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,439 Sq Ft Home
  • 1-Story Property
  • Some Wood Windows
  • Great Room
  • Dining Room
  • Kitchen Island

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main

Parking

  • 2 Car Garage
  • Front Facing Garage

Outdoor Features

  • Cove
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Villages At White Oak Subdivision
  • Mandatory Home Owners Association
  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,162

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: Villages At White Oak
  • List Price Per Sq Ft: 141
  • Number Of Stories: 1
  • Prop Construction Status: New Construction (Never Occupied)
  • Estimated Sq Ft: 2439
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Dining Room, Great Room, Pantry, Island In Kitchen

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Gas

Association/Amenities

  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Cove
  • Lot Size: 70x133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Jun 26, 2020
Sold by
Richard Grant Homes Llc
Bought by
Medlin Stephen Landon and Medlin Heather L
Seller's Agent
Janet Leap
Grant & Co., REALTORS
Buyer's Agent
Paul Morris
Morris and Morris
List Price
$343,590
Sold Price
$343,590
Current Estimated Value
$502,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,506
Avg. Annual Appreciation
7.36%
Original Mortgage
$284,708
Outstanding Balance
$252,929
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$249,167
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
Medlin Stephen Landon $343,589 Members Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medlin Stephen Landon $284,708
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2020 06/26/20 Sold $343,590 0.0% $143 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $343,590 -- $143 / 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 $3,162 $128,775 $24,750 $104,025
2024 $6,324 $93,275 $18,300 $74,975
2023 $4,356 $93,275 $18,300 $74,975
2022 $4,356 $93,275 $18,300 $74,975
2021 $4,850 $93,275 $18,300 $74,975
2020 $2,924 $16,650 $16,650 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10079378

Memphis Area Association of REALTORS®

APN: A0-142H-C0-0028