NOT LISTED FOR SALE

1840 Gray Ridge Cove Unit 16 Germantown, TN 38138

Estimated Value: $243,130 - $258,000

2 Beds
2.5 Baths
1,200-1,399 Sq Ft
1,307 Sq Ft Lot

Last Sold December 16, 2021

Last sale price $230,000 $164 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,521/month

Highlights

  • Clubhouse
  • Soft Contemporary Architecture
  • Community Pool
  • Farmington Elementary School Rated A
  • 1 Fireplace
  • Some Wood Windows

About This Home

As of December 2021

ENTRY ONLY

Last Listed By

Stephen Mansour

REMAX Experts License #323281 Listed on: 12/16/2021

REMAX Experts

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1970

Lot Details

  • 1,307

Parking

  • On-Street Parking

Home Design

  • Soft Contemporary Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,307 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Some Wood Windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Additional Features

  • Outdoor Grill
  • Dog Run
  • Ground Level
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number G0220D K00016

Community Details

Overview

  • Property has a Home Owners Association
  • $294 Maintenance Fee
  • West Rock Condominiums Second Amendment Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,500

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Soft Contemporary
  • Attached Unit Type: Ground Level-Single Story
  • MLS Map #: 861B
  • MAAR Subdivision Name: WEST ROCK CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 176
  • Number Of Stories: 2
  • Price Per Sq Ft: 175.98
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1307
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: B-B-Q Pit, Dog Run
  • Exterior Windows: Wood/Composition
  • Pool Description: Neighborhood

Garage/Parking

  • Parking Storage: Street Parking Only

Utilities

  • Cooling: Central
  • Heating: Central, Electric

Association/Amenities

  • Condo Amenities: Clubhouse
  • Condominium Association: Yes

Fee Information

  • Monthly Maintenance Fee: 294

Lot Info

  • Lot Number: UNIT 16
  • Acreage: 0.03
  • Lot Size: .10
  • Price Per Acre: 7666667

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: G0220D K00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2021
Closed on
Dec 15, 2021
Sold by
Mansour Stephen and Tach Sandra
Bought by
Mansour Rory
Seller's Agent
Stephen Mansour
REMAX Experts
Buyer's Agent
Stephen Mansour
REMAX Experts
List Price
$230,000
Sold Price
$230,000
Total Days on Market
0
Current Estimated Value
$249,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,533
Avg. Annual Appreciation
2.40%
Original Mortgage
$207,000
Outstanding Balance
$191,636
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$57,897

Purchase Details

Listed on
Jul 5, 2016
Closed on
Oct 13, 2016
Sold by
Redden Matthew Paul
Bought by
Stephen Manosur and Tech Sandrta
Seller's Agent
Shannan McWaters
The Firm
Buyer's Agent
Stephen Mansour
REMAX Experts
List Price
$155,000
Sold Price
$145,000
Premium/Discount to List
-$10,000
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.31%
Original Mortgage
$142,373
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 21, 2014
Closed on
Nov 19, 2014
Sold by
Steffen James and Steffen Julia Whelchel
Bought by
Redden Matthew Paul
Seller's Agent
Mary Jeffrey
Crye-Leike, Inc., REALTORS
Buyer's Agent
Debbi Scruggs
John Green & Co., REALTORS
List Price
$132,000
Sold Price
$124,500
Premium/Discount to List
-$7,500
-5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$122,243
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 2007
Sold by
Chardonnay Partners Lp
Bought by
Steffen James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,480
Interest Rate
6.17%
Mortgage Type
Unknown

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
Mansour Rory $230,000 None Available
Stephen Manosur $145,000 None Available
Redden Matthew Paul $124,500 Tri State Title & Escrow Inc
Steffen James $165,000 Stewart Title Of Memphis Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mansour Rory $207,000
Previous Owner Mansour Stephen $100,000
Previous Owner Mansour Stephen $100,000
Previous Owner Stephen Manosur $142,373
Previous Owner Redden Matthew Paul $122,243
Previous Owner Steffen James $134,480
Previous Owner Steffen James $25,215
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $230,000 0.0% $192 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
12/16/2021 12/16/21 For Sale $230,000 +58.6% $192 / Sq Ft
10/13/2016 10/13/16 Sold $145,000 -6.5% $121 / Sq Ft
09/07/2016 09/07/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $155,000 +24.5% $129 / Sq Ft
11/19/2014 11/19/14 Sold $124,500 -5.7% $104 / Sq Ft
10/24/2014 10/24/14 Pending -- -- --
04/21/2014 04/21/14 For Sale $132,000 -- $110 / 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
2024 $1,500 $44,250 $4,025 $40,225
2023 $2,313 $44,250 $4,025 $40,225
2022 $2,240 $44,250 $4,025 $40,225
2021 $2,301 $44,250 $4,025 $40,225
2020 $2,154 $35,900 $4,025 $31,875
2019 $2,599 $35,900 $4,025 $31,875
2018 $1,454 $35,900 $4,025 $31,875
2017 $2,183 $35,900 $4,025 $31,875
2016 $1,378 $31,525 $0 $0
2014 $1,378 $31,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10114402

Memphis Area Association of REALTORS®

APN: G0-220D-K0-0016