NOT LISTED FOR SALE

1931 Rye Rd Unit 21 Germantown, TN 38139

Estimated Value: $277,732 - $325,000

3 Beds
2.5 Baths
1,600-1,799 Sq Ft
1,742 Sq Ft Lot

Last Sold May 29, 2019

Last sale price $180,000 $100 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,792/month

39 Days on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • Community Pool
  • Farmington Elementary School Rated A
  • Separate Formal Living Room
  • Den with Fireplace

About This Home

As of May 2019

Great Germantown Location! Why rent when you can own? Conveniently located near shopping, entertainment and restaurants. Indoor atrium adds extra space to living, outdoor patio perfect for entertaining or quiet time outside. This condo has a 2 car attached garage. Neighborhood pool! Germantown Schools! Hurry to book a tour, it won't last long!!!

Last Listed By

Faye Jones

1 Percent Lists Midsouth License #297226 Listed on: 04/04/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,225

Year Built

  • Built in 1980

Lot Details

  • 1,742

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,876 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Entrance Foyer
  • Separate Formal Living Room
  • Breakfast Room
  • Den with Fireplace
  • Storage Room
  • Partially Carpeted
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Guest Parking

Outdoor Features

  • Courtyard
  • Patio
  • Porch

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number G0220B G00021

Community Details

Overview

  • Property has a Home Owners Association
  • $325 Maintenance Fee
  • Association fees include water/sewer, exterior maintenance, grounds maintenance, management fees, exterior insurance, reserve fund
  • Farmington Glen Community
  • Fourth Amendment Farmington Glen Condo Subdivision
  • Property managed by Faith Management Grp

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,225

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: Ground Level-Single Story
  • Detached Unit Type: General Residential
  • MLS Map #: 862A
  • MAAR Subdivision Name: FARMINGTON GLEN CONDOMINIUMS
  • Condo: Yes
  • List Price Per Sq Ft: 95
  • Number Of Stories: 2
  • Price Per Sq Ft: 95.95
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1876
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Den/Great Room, Kitchen, 1/2 Bath, Laundry Room, Breakfast Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Primary Up, Renovated Bathroom, Half Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 2, Carpet
  • Bedroom 3 Description: Level 2, Carpet
  • Bedrooms: 3
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Carpet, Sprayed Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Cable Wired, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Den, Separate Breakfast Room, W/D Connection in Kitchen
  • Misc Interior: All Window Treatments, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall, Storage Room
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Separate Shower
  • P R I M A R Y B E D R O O M: Level 2, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Porch, Patio
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Pool Description: Neighborhood
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Back-Load Garage, Designated Guest Parking

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central
  • Security: Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Clubhouse, Courtyard
  • Condo Fees Include: Water/Sewer, Exterior Maintenance, Grounds Maintenance, Management Fees, Exterior Insurance, Reserve Fund
  • Condominium Association: Yes
  • Condominium Name: Farmington Glen
  • Management Company: Faith Management Grp
  • Neighborhood Amenities: Club House

Fee Information

  • Monthly Maintenance Fee: 325

Lot Info

  • Lot Description: Level
  • Lot Number: UNIT 21
  • Acreage: 0.04
  • Price Per Acre: 4475000

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: G0220B G00021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
May 29, 2019
Sold by
Pearson Amanda
Bought by
Price Tamara J
Seller's Agent
Faye Jones
1 Percent Lists Midsouth
Buyer's Agent
Amy Murrah
BHHS McLemore & Co. Realty
List Price
$179,000
Sold Price
$180,000
Premium/Discount to List
$1,000
0.56%
Total Days on Market
39
Current Estimated Value
$301,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,933
Avg. Annual Appreciation
9.00%
Original Mortgage
$110,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 2, 2018
Closed on
Jul 20, 2018
Sold by
Wagner Zachary E and Wagner Cindi D
Bought by
Pearson Amanda
Seller's Agent
Frank Warren
Coldwell Banker Collins-Maury
Buyer's Agent
Faye Jones
1 Percent Lists Midsouth
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.62%
Original Mortgage
$142,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2014
Closed on
Sep 19, 2014
Sold by
Parotte Sarah E
Bought by
Wagner Zachary E and Miller Cindi D
Seller's Agent
Carolyn Covington
Adaro Realty, Inc.
Buyer's Agent
Carolyn Covington
Adaro Realty, Inc.
List Price
$105,000
Sold Price
$102,000
Premium/Discount to List
-$3,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$77,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2009
Sold by
Prince Michael David and Prince Carol Ann
Bought by
Parotte Sarah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,438
Interest Rate
5.1%
Mortgage Type
FHA

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
Price Tamara J $180,000 Saddle Creek Title Llc
Pearson Amanda $150,000 Close Trak Closing & Title S
Wagner Zachary E $102,000 Preferred Title & Escrow Llc
Parotte Sarah E $135,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Tamara J $125,000
Closed Price Tamara J $110,000
Previous Owner Pearson Amanda $142,500
Previous Owner Wagner Zachary E $107,000
Previous Owner Wagner Zachary E $77,000
Previous Owner Parotte Sarah E $133,438
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2019 05/29/19 Sold $180,000 +0.6% $113 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
04/20/2019 04/20/19 Price Changed $179,000 -3.2% $112 / Sq Ft
04/12/2019 04/12/19 Price Changed $185,000 +3.4% $116 / Sq Ft
04/04/2019 04/04/19 For Sale $179,000 +19.3% $112 / Sq Ft
07/20/2018 07/20/18 Sold $150,000 0.0% $94 / Sq Ft
06/02/2018 06/02/18 For Sale $150,000 +47.1% $94 / Sq Ft
09/19/2014 09/19/14 Sold $102,000 -2.9% $64 / Sq Ft
08/22/2014 08/22/14 Pending -- -- --
02/16/2014 02/16/14 For Sale $105,000 -- $66 / 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 $1,225 $36,150 $7,300 $28,850
2023 $1,890 $36,150 $7,300 $28,850
2022 $1,857 $36,150 $7,300 $28,850
2021 $1,880 $36,150 $7,300 $28,850
2020 $1,928 $32,125 $7,300 $24,825
2019 $1,301 $32,125 $7,300 $24,825
2018 $1,301 $32,125 $7,300 $24,825
2017 $1,953 $32,125 $7,300 $24,825
2016 $1,319 $30,175 $0 $0
2014 $1,319 $30,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10049902

Memphis Area Association of REALTORS®

APN: G0-220B-G0-0021