NOT LISTED FOR SALE

Estimated Value: $947,000 - $1,063,000

5 Beds
5.5 Baths
6,000-6,999 Sq Ft
$146/Sq Ft Est. Value

Last Sold October 26, 2012

Last sale price $683,250 $98 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,151/month

135 Days on Market

Highlights

  • Home Theater
  • Updated Kitchen
  • Landscaped Professionally
  • In Ground Pool
  • 2.03 Acre Lot
  • Fireplace in Hearth Room

About This Home

As of October 2012

Just 15 minutes from Collierville Square! 2 acre Estate with every luxury amenity you could dsire. Deep moldings, gorgeous floors:hdwd, marble, fine carpet. Gorgeous ceilings w/molding and indirect lighting.Amazing,HUGE pool

Last Agent to Sell the Property

JoAnn Smith

Coldwell Banker Collins-Maury License #266751 Listed on: 05/16/2012

Last Buyer's Agent

JoAnn Smith

Coldwell Banker Collins-Maury License #266751 Listed on: 05/16/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

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

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 6,000-6,999 Sq Ft Home
  • 6,710 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Smooth Ceilings
  • Vaulted Ceiling
  • Factory Built Fireplace
  • Fireplace in Hearth Room
  • Gas Fireplace
  • Window Treatments
  • Two Story Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Play Room
  • Keeping Room
  • Permanent Attic Stairs

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Cove
  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Septic Tank
  • Cable TV Available

Community Details

  • Monterey Farms Subd Phase II Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number D0223Y B00004

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 799A
  • MAAR Subdivision Name: MONTEREY FARMS PH2
  • Number Of Stories: 2
  • Price Per Sq Ft: 101.83
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 6710
  • Year Built: 2001
  • 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, Keeping/Hearth Room, Office
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec 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
  • Estimated Heated Sq Ft Range: 6000 - 6999
  • Bedroom 2 Description: Level 1, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared 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, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Prefabricated, Ventless Gas Fireplace, In Living Room, In Keeping/Hearth room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling, Two Story Foyer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired, Separate Ice Maker
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Washer/Dryer Connections, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Wet Bar, Permanent Attic Stairs, Central Vacuum, Rear Stairs to Playroom, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Play Room, Bonus Room, Office/Sewing Room, Entry Hall, Media Room
  • Total Bathrooms: 5.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Dressing Area, 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, Full Bath, Vaulted/Coffered Ceiling, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Pool Cleaning Equipment, Gas Grill, Patio, Covered Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • 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: More than 3 Coverd Spaces, Side-Load Garage

Utilities

  • Cooling: Central, 3 or More Systems
  • Heating: Central, Gas, 3 or More Systems
  • Water Sewer: Septic Tank

Association/Amenities

  • Annual Association Fee: 300
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Cove, Professionally Landscaped
  • Lot Number: 40
  • Acreage: 2.03
  • Keeping Hearth Dimension: 20x17
  • Lot Size: 88262 SF 112 X 495

Multi Family

  • Number Of Rooms: 14

Tax Info

  • Assessor Parcel Number: D0223Y B00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2012
Closed on
Oct 26, 2012
Sold by
Frazier Kevin E and Frazier Denise P
Bought by
Richardson Ii John D
Seller's Agent
JoAnn Smith
Coldwell Banker Collins-Maury
Buyer's Agent
JoAnn Smith
Coldwell Banker Collins-Maury
List Price
$729,000
Sold Price
$683,250
Premium/Discount to List
-$45,750
-6.28%
Current Estimated Value
$1,022,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,630
Avg. Annual Appreciation
3.85%
Original Mortgage
$417,000
Outstanding Balance
$76,939
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$1,034,583

Purchase Details

Closed on
Jan 12, 2009
Sold by
Island Source Ii Llc
Bought by
Frazier Kevin E and Frazier Denise P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
5.48%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 19, 2008
Sold by
Regions Bank
Bought by
Island Source Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
5.48%
Mortgage Type
Unknown

Purchase Details

Closed on
May 29, 2008
Sold by
Downes William K and Downes Deborah L
Bought by
Regions Bank

Purchase Details

Closed on
May 17, 2000
Sold by
Monterey Farms
Bought by
Downes William K and Smeltzer Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
8.14%
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
Richardson Ii John D $683,250 None Available
Frazier Kevin E $499,000 Realty Title
Island Source Ii Llc $178,200 Realty Title
Regions Bank $487,500 None Available
Downes William K $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Ii John D $417,000
Previous Owner Frazier Kevin E $399,000
Previous Owner Downes William K $48,000
Previous Owner Downes William K $620,000
Previous Owner Downes William K $613,000
Previous Owner Downes William K $472,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2012 10/26/12 Sold $683,250 -6.3% $114 / Sq Ft
09/28/2012 09/28/12 Pending -- -- --
05/16/2012 05/16/12 For Sale $729,000 -- $122 / 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 -- $289,475 $45,750 $243,725
2024 -- $199,425 $28,500 $170,925
2023 $6,761 $199,425 $28,500 $170,925
2022 $6,761 $199,425 $28,500 $170,925
2021 $6,880 $199,425 $28,500 $170,925
2020 $7,005 $172,975 $22,800 $150,175
2019 $7,005 $172,975 $22,800 $150,175
2018 $7,005 $172,975 $22,800 $150,175
2017 $7,109 $172,975 $22,800 $150,175
2016 $7,462 $170,750 $0 $0
2014 $7,462 $170,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3247813

Memphis Area Association of REALTORS®

APN: D0-223Y-B0-0004