NOT LISTED FOR SALE

1724 Richman Ln Germantown, TN 38139

Estimated Value: $439,000 - $515,000

3 Beds
2.5 Baths
2,000-2,199 Sq Ft
$210/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $301,000 $137 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,825/month

1 Day on Market

Highlights

  • Updated Kitchen
  • Landscaped Professionally
  • Traditional Architecture
  • Farmington Elementary School Rated A
  • Community Lake
  • Wood Flooring

About This Home

As of June 2016

Zero in Allenby Lakes!! Master + study down. 2brs up w/jack-n-jill bath. Cozy greatroom. Large walk-in attic. Great closets.

Last Agent to Sell the Property

Vickie Burgess

Crye-Leike, Inc., REALTORS License #252252 Listed on: 05/02/2016

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Meredith McDonald

Ware Jones, REALTORS License #240133

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,849

Year Built

  • Built in 1998

Lot Details

  • 6,098 Sq Ft Lot
  • Wood Fence
  • Landscaped Professionally
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,122 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Separate Formal Living Room
  • Home Office
  • Monitored
  • Laundry Room
  • Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Two cooling system units
  • Central Air
  • Two Heating Systems
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Allenby Lakes Subdivision
  • Mandatory Home Owners Association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number G0220G A00027

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,849

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: ALLENBY LAKES
  • MLS Map #: 862A
  • MAAR Subdivision Name: ALLENBY LAKES
  • List Price Per Sq Ft: 151
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 141.85
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2122
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, Laundry Room, Office
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 2, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: Vented Gas Fireplace, Gas Logs
  • Floors/Ceilings: Part Hardwood, Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Cooktop, Gas Cooking, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry
  • Misc Interior: Walk-In Attic, Monitored Alarm
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Attic
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio, Well Landscaped Grounds, Wood Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Gas, Dual System
  • Water Sewer: Gas Water Heater, Public Sewer

Association/Amenities

  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Professionally Landscaped
  • Lot Number: 27
  • Acreage: 0.14
  • Lot Size: 6231 SF 55 X 114
  • Price Per Acre: 2285714

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: G0220G A00027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2016
Closed on
Jun 13, 2016
Sold by
Gerlach Darin
Bought by
Grashot Cecelia M and Grashot Edward M
Seller's Agent
Vickie Burgess
Crye-Leike, Inc., REALTORS
Buyer's Agent
Meredith McDonald
Ware Jones, REALTORS
List Price
$320,000
Sold Price
$301,000
Premium/Discount to List
-$19,000
-5.94%
Total Days on Market
1
Current Estimated Value
$461,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,130
Avg. Annual Appreciation
4.86%
Original Mortgage
$26,000
Interest Rate
3.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 24, 2009
Sold by
Pair Sonya L
Bought by
Gerlach Darin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,700
Interest Rate
5.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 12, 2003
Sold by
Pair Sonya L
Bought by
Pair Sonya L and Sonya L Pair Trust

Purchase Details

Closed on
Jul 19, 2002
Sold by
Dubose Judy Cummings
Bought by
Pair Sonya L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
6.67%

Purchase Details

Closed on
Dec 29, 2000
Sold by
Broyles Sharon M Pruitt
Bought by
Dubose Judy Cummings

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.65%

Purchase Details

Closed on
May 12, 1999
Sold by
Shackelford Aaron L
Bought by
Pruitt Sharon M and Sharon M Pruitt Trust

Purchase Details

Closed on
Sep 29, 1998
Sold by
Savage Construction Co Inc
Bought by
Shackelford Aaron L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.95%
Source: Public Records

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Range of Values:

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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
Grashot Cecelia M $301,000 Edco Ttl & Closing Svcs Inc
Gerlach Darin $273,000 Realty Title & Escrow Co Inc
Pair Sonya L -- --
Pair Sonya L $243,000 Fidelity Title & Escrow Inc
Dubose Judy Cummings $245,000 --
Pruitt Sharon M $233,000 --
Shackelford Aaron L $225,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerlach Darin S $26,000
Previous Owner Gerlach Darin $245,700
Previous Owner Pair Sonya L $194,400
Previous Owner Dubose Judy Cummings $125,000
Previous Owner Shackelford Aaron L $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2016 06/15/16 Sold $301,000 -5.9% $151 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
05/02/2016 05/02/16 For Sale $320,000 -- $160 / 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 $2,849 $105,500 $23,250 $82,250
2024 $2,849 $84,050 $18,425 $65,625
2023 $4,394 $84,050 $18,425 $65,625
2022 $4,256 $84,050 $18,425 $65,625
2021 $4,310 $84,050 $18,425 $65,625
2020 $4,472 $74,525 $18,425 $56,100
2019 $3,018 $74,525 $18,425 $56,100
2018 $3,018 $74,525 $18,425 $56,100
2017 $3,063 $74,525 $18,425 $56,100
2016 $2,949 $67,475 $0 $0
2014 $2,949 $67,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9976164

Memphis Area Association of REALTORS®

APN: G0-220G-A0-0027