NOT LISTED FOR SALE

185 Magnolia Garden Ln Oakland, TN 38060

Estimated Value: $303,000 - $341,931

3 Beds
2 Baths
1,725 Sq Ft
$188/Sq Ft Est. Value

Last Sold July 22, 2020

Last sale price $204,000 $118 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,811/month

Highlights

  • Main Floor Primary Bedroom
  • Great Room
  • Double Vanity
  • Whirlpool Bathtub
  • Eat-In Kitchen
  • Patio

About This Home

As of October 2021

Like all our homes, this one features: a great location in a desirable neighborhood, a comfortable layout with good-sized bedrooms and bathrooms, a great kitchen with plenty of counter and cabinet space, many updated and upgraded features, central HVAC and programmable thermostat, garage and a spacious yard, and it's pet friendly.

Last Agent to Rent the Property

Denise Wessel

Progress Residential Property License #341538 Listed on: 08/17/2021

Last Renter's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $706

Year Built

  • Built in 2006

Lot Details

  • 6,098

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,725 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Utilities

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

Additional Features

  • Patio
  • Lot Dimensions are 50x125

Community Details

  • The Gardens Hidden Springs Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 100I 100I B08200

Home Details

Home Type

Single Family

Est. Annual Taxes

$706

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Rental Properties
  • Type: Rental
  • Style Code Use: General Residential
  • MLS Map #: 653B
  • MAAR Subdivision Name: GARDENS OF HIDDEN SPRINGS
  • Corporate Own: Yes
  • Freestanding: Yes
  • List Price Per Sq Ft: 1
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 1.01
  • Estimated Sq Ft: 1725
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Living Room
  • Floors/Ceilings: Wood Laminate Floors, Tile
  • Full Bathrooms: 2
  • Equipment: Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: Great Room, Eat-In Kitchen
  • Misc Interior: Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Patio

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2

Utilities

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

Lot Info

  • Lot Number: 82
  • Lot Size: 50X125

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 100I 100I B08200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Oct 19, 2021
Sold by
Progress Memphis Llc
Bought by
Progress Residential Borrower 18 Llc
Seller's Agent
Denise Wessel
Progress Residential Property
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Sold Price
$1,740
Current Estimated Value
$324,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,493
Original Mortgage
$537,170,000
Outstanding Balance
$493,390,260
Interest Rate
3.01%
Mortgage Type
Commercial
Estimated Equity
-$493,068,098

Purchase Details

Closed on
Jun 21, 2021
Sold by
Brown Stephanie N
Bought by
Progress Memphis Llc

Purchase Details

Listed on
May 29, 2020
Closed on
Jul 22, 2020
Sold by
Koonce Valarie R and Thurman Valarie R
Bought by
Brown Stephanie N
Seller's Agent
Joshua Holley
KAIZEN Realty, LLC
Buyer's Agent
Mary Jeffrey
Crye-Leike, Inc., REALTORS
List Price
$199,900
Sold Price
$204,000
Premium/Discount to List
$4,100
2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.32%
Original Mortgage
$206,060
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2006
Sold by
Summit Homes Llc
Bought by
Thurman Valarie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,320
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2005
Bought by
Summitt Homes Llc
Source: Public Records

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
Progress Residential Borrower 18 Llc -- Selene Title Llc
Progress Memphis Llc $300,000 Realty Title & Escrow Co Inc
Brown Stephanie N $204,000 Realty Title
Thurman Valarie R $152,900 --
Summitt Homes Llc $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Progress Residential Borrower 18 Llc $537,170,000
Previous Owner Brown Stephanie N $206,060
Previous Owner Thurman Valarie R $122,320
Previous Owner Thurman Valarie R $30,580
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Rented $1,740 -0.9% --
10/11/2021 10/11/21 Under Contract -- -- --
10/11/2021 10/11/21 Price Changed $1,755 -8.8% $1 / Sq Ft
08/17/2021 08/17/21 For Rent $1,925 0.0% --
07/22/2020 07/22/20 Sold $204,000 +2.1% $128 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $199,900 -- $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 $706 $55,700 $8,000 $47,700
2023 $1,438 $55,700 $0 $0
2022 $954 $55,700 $8,000 $47,700
2021 $954 $55,700 $8,000 $47,700
2020 $679 $55,700 $8,000 $47,700
2019 $914 $45,075 $6,100 $38,975
2018 $875 $41,925 $6,100 $35,825
2017 $746 $41,925 $6,100 $35,825
2016 $735 $38,625 $6,100 $32,525
2015 $735 $38,625 $6,100 $32,525
2014 $735 $38,625 $6,100 $32,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10106625

Memphis Area Association of REALTORS®

APN: 100I-B-082.00