NOT LISTED FOR SALE

1846 Gray Ridge Cove Unit 11 Germantown, TN 38138

Estimated Value: $223,539 - $249,000

2 Beds
2 Baths
1,000-1,199 Sq Ft
871 Sq Ft Lot

Last Sold July 11, 2016

Last sale price $108,000 $90 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,419/month

76 Days on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • Eat-In Kitchen
  • Farmington Elementary School Rated A
  • Great Room
  • Laundry Room

About This Home

As of July 2016

2 bedroom 2 bath condo in Germantown's West Rock Condo Community. Lower level condo with open plan. Great deal at just $112900. Come and see for yourself

Last Listed By

Patrick McClay

Southeast Investors, LLC License #291935 Listed on: 04/01/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,342

Year Built

  • Built in 1970

Lot Details

  • 871

Parking

  • Unassigned Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,000-1,199 Sq Ft Home
  • 1,107 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number G0220D K00011

Community Details

Overview

  • Property has a Home Owners Association
  • $206 Maintenance Fee
  • West Rock Condo's Community
  • West Rock Condominiums Second Amendment Subdivision

Amenities

  • Clubhouse

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,342

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: First Floor Flat
  • MLS Map #: 861B
  • MAAR Subdivision Name: WEST ROCK CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 102
  • Number Of Stories: 1
  • Price Per Sq Ft: 97.56
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1107
  • Year Built: 1970
  • Special Features: 20
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1000-1199
  • Bedroom 2 Description: Level 1, Carpet
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Carpet, Tile
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Carpet

Exterior Features

  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Unassigned Parking

Utilities

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

Association/Amenities

  • Condo Amenities: Clubhouse
  • Condominium Association: Yes
  • Condominium Name: West Rock Condo's

Fee Information

  • Monthly Maintenance Fee: 206

Lot Info

  • Lot Description: Level
  • Lot Number: UNIT 11
  • Acreage: 0.02
  • Lot Size: .02
  • Price Per Acre: 5645000

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: G0220D K00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Jul 11, 2016
Sold by
Wilmington Savings Fund Society
Bought by
Silvey Ancil and Silvey Bettye
Seller's Agent
Patrick McClay
Southeast Investors, LLC
Buyer's Agent
Jessica Byrd
BHHS Taliesyn Realty
List Price
$124,900
Sold Price
$108,000
Premium/Discount to List
-$16,900
-13.53%
Total Days on Market
76
Current Estimated Value
$233,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,385
Avg. Annual Appreciation
8.25%

Purchase Details

Closed on
Feb 23, 2016
Sold by
Jones Donna C and Jones Kevin A
Bought by
Wilmington Savings Fund Society Fsb and Christiana Trust

Purchase Details

Closed on
Jan 27, 2006
Sold by
Chardonnay Partners Lp
Bought by
Jones Kevin A and Jones Donna C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

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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
Silvey Ancil $108,000 Realty Title
Wilmington Savings Fund Society Fsb $116,550 None Available
Jones Kevin A $138,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Kevin A $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2016 07/11/16 Sold $108,000 -13.5% $108 / Sq Ft
06/16/2016 06/16/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $124,900 -- $125 / 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 $1,342 $39,600 $3,275 $36,325
2023 $2,070 $39,600 $3,275 $36,325
2022 $2,005 $39,600 $3,275 $36,325
2021 $2,031 $39,600 $3,275 $36,325
2020 $1,941 $32,350 $3,275 $29,075
2019 $1,310 $32,350 $3,275 $29,075
2018 $1,310 $32,350 $3,275 $29,075
2017 $1,330 $32,350 $3,275 $29,075
2016 $1,201 $27,475 $0 $0
2014 $1,201 $27,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9974250

Memphis Area Association of REALTORS®

APN: G0-220D-K0-0011