NOT LISTED FOR SALE

1676 Exeter Rd Germantown, TN 38138

Estimated Value: $916,000 - $1,089,000

4 Beds
4.5 Baths
4,000-4,499 Sq Ft
$223/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $984,000 $219 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,918/month

22 Days on Market

Highlights

  • Media Room
  • Updated Kitchen
  • Traditional Architecture
  • Farmington Elementary School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of June 2024

Nestled in the charming community of Somerset, this exquisite 4BR/4.5B home offers a luxurious & quiet lifestyle w/ easy access to Thornwood, GPAC, GAC & more. Boasting upscale features such as a walk-out bedroom patio, designer lighting, designer series sub-zero refrigerator, limestone fireplace, heated floors w/ oversized soaking tub in primary bath, this home exudes sophistication & charm. Enjoy life at a slower pace w/ a phantom screened-in porch, media room & the best of Germantown nearby!

Last Agent to Sell the Property

Michael Jacques

Reid, REALTORS License #320076 Listed on: 05/16/2024

Last Buyer's Agent

Worth Jones

Ware Jones, REALTORS License #323280

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 50.26 x 129.47
  • Brick Fence
  • Corner Lot
  • Level Lot
  • Sprinklers on Timer

HOA Fees

  • $71 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,000-4,499 Sq Ft Home
  • 4,429 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Media Room
  • Home Office
  • Bonus Room with Fireplace
  • Screened Porch
  • Laundry Room
  • Attic

Kitchen

  • Updated Kitchen
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • En-Suite Bathroom
  • Remodeled Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 3 Car Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Somerest Subdivision
  • Property managed by Keith Collins
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number G0220I J00037

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: SOMERSET
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4429
  • Year Built: 2018
  • 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, Breakfast Room, Office
  • Second Story Floor Plan: 4th or More Bedrooms, 2 or More Baths, Media Room
  • Additional Bedroom Bathroom Info: Primary Down, Primary Up, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 4000-4499
  • Bedroom 2 Description: Level 1, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 2, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: In Living Room, In Other Room
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Double Oven, Gas Cooking, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Separate Breakfast Room, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Walk-In Attic, Fire Sprinklers, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room
  • Primary Bathroom Description: Double Sinks, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Vaulted/Coffered Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Screen Porch, Brick or Stone Fence
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 3
  • Parking Display: 3
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Back-Load Garage, Designated Guest Parking

Utilities

  • Cooling: Central
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 850
  • Management Company: Keith Collins
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Corner
  • Lot Number: 37
  • Acreage: 0.23
  • Lot Size: 50.26 X 129.47

Tax Info

  • Assessor Parcel Number: G0220I J00037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 26, 2024
Sold by
Savage Revocable Living Trust and Savage Judy
Bought by
Yeramareddy Snigdha and Allam Ratna Rakesh
Seller's Agent
Michael Jacques
Reid, REALTORS
Buyer's Agent
Worth Jones
Ware Jones, REALTORS
List Price
$997,500
Sold Price
$984,000
Premium/Discount to List
-$13,500
-1.35%
Views
13
Current Estimated Value
$1,001,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,190
Avg. Annual Appreciation
1.15%
Original Mortgage
$787,200
Outstanding Balance
$720,859
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$280,331

Purchase Details

Closed on
Apr 18, 2019
Sold by
Savage Richard G and Savage Judy
Bought by
Savage Richard G and Savage Judy

Purchase Details

Listed on
Nov 7, 2016
Closed on
Mar 9, 2018
Sold by
Regency Homebuilders Llc
Bought by
Savage Richard G and Savage Judy
Seller's Agent
Elizabeth Crowe
Regency Realty, LLC
Buyer's Agent
Elizabeth Crowe
Regency Realty, LLC
List Price
$829,222
Sold Price
$828,782
Premium/Discount to List
-$440
-0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%
Original Mortgage
$453,100
Interest Rate
4.22%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yeramareddy Snigdha $984,000 Coventry Escrow & Title
Savage Richard G -- None Available
Savage Richard G -- Memphis Title Co
Savage Savage G $828,722 Memphis Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeramareddy Snigdha $787,200
Previous Owner Savage Savage G $453,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2024 06/26/24 Sold $984,000 -1.4% $246 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $997,500 +20.4% $249 / Sq Ft
03/09/2018 03/09/18 Sold $828,782 -0.1% $207 / Sq Ft View Prior Sale
11/07/2016 11/07/16 Pending -- -- --
11/07/2016 11/07/16 For Sale $829,222 -- $207 / 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 $7,399 $248,650 $47,500 $201,150
2024 $7,399 $218,250 $41,250 $177,000
2023 $11,411 $218,250 $41,250 $177,000
2022 $11,050 $218,250 $41,250 $177,000
2021 $11,349 $218,250 $41,250 $177,000
2020 $11,592 $193,200 $31,800 $161,400
2019 $7,825 $193,200 $31,800 $161,400
2018 $2,658 $65,625 $31,800 $33,825
2017 $1,933 $31,800 $31,800 $0
2016 $1,390 $31,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Jacques

    Seller's Agent in 2024

    Michael Jacques

    Reid, REALTORS

    (901) 246-8916

    34 in this area

    160 Total Sales

    Michael Jacques
    Section Image
  • Worth Jones

    Buyer's Agent in 2024

    Worth Jones

    Ware Jones, REALTORS

    (901) 289-1890

    15 in this area

    158 Total Sales

    Worth Jones
    Section Image

  • E

    Seller's Agent in 2018

    Elizabeth Crowe

    Regency Realty, LLC

  • Murray Foster

    Seller Co-Listing Agent in 2018

    Murray Foster

    The Stamps Real Estate Company

    (901) 921-9383

    11 Total Sales

    Murray Foster
    Section Image

  • C

    Buyer Co-Listing Agent in 2018

    Cristy Henry

    Keller Williams

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10172440

Memphis Area Association of REALTORS®

APN: G0-220I-J0-0037

Tennessee Shelby County Germantown 38138

1676 Exeter Rd, Germantown, TN

Not Listed for Sale

Detached

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