NOT LISTED FOR SALE

1738 Hobbits Glen Dr Unit 45 Germantown, TN 38138

Estimated Value: $275,000 - $306,571

3 Beds
2.5 Baths
1,650 Sq Ft
12.14 Acres

Last Sold January 12, 2017

Last sale price $145,000 $88 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,659/month

Highlights

  • In Ground Pool
  • 12.14 Acre Lot
  • Traditional Architecture
  • Farmington Elementary School Rated A
  • Clubhouse
  • Tennis Courts

About This Home

As of January 2017

Open this Sunday 10/23/2016 from 2-4. Very affordable living in Germantown! Close to pool, tennis and club house, 2 car garage, private fenced patio. Living room large enough to accommodate dining room table, breakfast bar between kitchen and hearth room with fireplace. Come see!

Last Agent to Sell the Property

Cathleen Black

Marx-Bensdorf, REALTORS License #282406 Listed on: 07/27/2016

Last Buyer's Agent

David Kam

KAIZEN Realty, LLC License #334882

KAIZEN Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,776

Year Built

  • Built in 1975

Lot Details

  • 12.14

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,650 Sq Ft Home
  • 2-Story Property
  • Factory Built Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Wall to Wall Carpet
  • Pull Down Stairs to Attic
  • Termite Clearance
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Double Vanity

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Parking Lot

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number G0220C B00026

Community Details

Overview

  • Property has a Home Owners Association
  • $290 Maintenance Fee
  • Hobbits Glen Community
  • Hobbits Glen Condominiums 2Nd Amend Subdivision
  • Property managed by Memphis Managers

Amenities

  • Clubhouse

Recreation

  • Tennis Courts

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,776

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Cross Street: Kimbrough
  • MLS Map #: 862A
  • MAAR Subdivision Name: HOBBITS GLEN CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 94
  • Number Of Stories: 2
  • Price Per Sq Ft: 87.88
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1650
  • Termite Contract: Yes
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Double Vanity Bath
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 3
  • Fireplace: Prefabricated
  • Floors/Ceilings: Wall to Wall Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Cable Available
  • Living Dining Kitchen: Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Cat/Dog Free House, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2.1
  • P R I M A R Y B E D R O O M: Level 2, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Patio, Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition, Double Pane Window(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Number Covered Parking Spaces: 2
  • Parking Display: 2D
  • Parking Storage: Garage Door Opener(s), Back-Load Garage, Parking Lot

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Electric
  • Water Sewer: Electric Water Heater

Association/Amenities

  • Condo Amenities: Lighted Tennis Court(s), Clubhouse
  • Condominium Association: Yes
  • Condominium Name: Hobbits Glen
  • Management Company: Memphis Managers

Fee Information

  • Monthly Maintenance Fee: 290

Lot Info

  • Lot Number: UNIT 45
  • Acreage: 12.14
  • Keeping Hearth Dimension: 16x15
  • Price Per Acre: 12759

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: G0220C B00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2016
Closed on
Jan 12, 2017
Sold by
Fields Earnest C
Bought by
Lewis Larry O and Lewis Melinda S
Seller's Agent
Cathleen Black
Marx-Bensdorf, REALTORS
Buyer's Agent
David Kam
KAIZEN Realty, LLC
List Price
$169,000
Sold Price
$145,000
Premium/Discount to List
-$24,000
-14.2%
Current Estimated Value
$286,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,143
Avg. Annual Appreciation
8.62%

Purchase Details

Closed on
Nov 16, 2001
Sold by
Rust Charles M and Rust Virginia M
Bought by
Fields Earnest C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.49%

Purchase Details

Closed on
May 30, 1997
Sold by
Teal Construction Co Llc
Bought by
Rust Charles M and Rust Virginia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.75%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Lewis Larry O $145,000 None Available
Fields Earnest C $100,000 --
Rust Charles M $95,000 Southern Escrow Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fields Earnest C $80,000
Previous Owner Rust Charles M $96,350
Previous Owner Rust Charles M $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2017 01/12/17 Sold $145,000 -14.2% $88 / Sq Ft
01/09/2017 01/09/17 Pending -- -- --
07/27/2016 07/27/16 For Sale $169,000 -- $102 / 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 $1,776 $76,375 $7,100 $69,275
2024 $1,776 $52,400 $7,100 $45,300
2023 $2,740 $52,400 $7,100 $45,300
2022 $2,653 $52,400 $7,100 $45,300
2021 $2,687 $52,400 $7,100 $45,300
2020 $2,546 $42,425 $7,100 $35,325
2019 $1,718 $42,425 $7,100 $35,325
2018 $1,718 $42,425 $7,100 $35,325
2017 $1,744 $42,425 $7,100 $35,325
2016 $1,835 $42,000 $0 $0
2014 $1,835 $42,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cathleen Black

    Seller's Agent in 2017

    Cathleen Black

    Marx-Bensdorf, REALTORS

    (901) 483-3476

    17 in this area

    122 Total Sales

    Cathleen Black
    Section Image
  • David Kam

    Buyer's Agent in 2017

    David Kam

    KAIZEN Realty, LLC

    (901) 277-8870

    2 in this area

    78 Total Sales

    David Kam
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9982855

Memphis Area Association of REALTORS®

APN: G0-220C-B0-0026

Tennessee Shelby County Germantown 38138

1738 Hobbits Glen Dr Unit 45, Germantown, TN

This home is located at 1738 Hobbits Glen Dr Unit 45, Germantown, TN 38138 since 27 July 2016 and is currently estimated at $286,143, approximately $173 per square foot. This property was built in 1975. 1738 Hobbits Glen Dr Unit 45 is a home located in Shelby County with nearby schools including Farmington Elementary School, Houston Middle School, and Houston High School.

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