$235,000
SOLD OCT 8, 2024

1940 Rhineland Dr Unit 42 Germantown, TN 38138

2 Beds
1.5 Baths
1,200-1,399 Sq Ft
8.83 Acres

Recently Sold

$168 Per Sq Ft

7% Below List Price

54 Days on Market

Highlights

  • 8.83 Acre Lot
  • Clubhouse
  • Separate Formal Living Room
  • Riverdale Elementary School Rated A
  • English Architecture
  • Community Pool

About This Home

As of October 2024

Motivated Seller! PRICED to SELL! Convenient location, lovely grounds, 2 car carport, pretty patio! Large kit/dining area w/new stationary Pella windows that replaced old aluminum sliding glass doors. Stainless Steel appliances w/new under counter climate controlled beverage/wine cooler & plank laminate flooring.The condo features plantation shutters that provide light and overlooks the green space between two condos. Upstairs are 2 large BRs and a tiled WALK IN shower w/bench plus a tub/shower!

Last Agent to Sell the Property

Donna Skaarer

KAIZEN Realty, LLC License #202510 Listed on: 07/07/2024

KAIZEN Realty, LLC

Last Buyer's Agent

Donna Skaarer

KAIZEN Realty, LLC License #202510 Listed on: 07/07/2024

KAIZEN Realty, LLC

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1973

Home Design

  • English Architecture

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,346 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Separate Formal Living Room
  • Combination Kitchen and Dining Room
  • Storage Room
  • Termite Clearance

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Carport

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Few Trees

Listing and Financial Details

  • Assessor Parcel Number G0219A B00038

Community Details

Overview

  • Property has a Home Owners Association
  • $370 Maintenance Fee
  • Bavarian Village Community
  • Bavarian Village Condominiums Subdivision
  • Property managed by Faith Management

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Storm Doors

Townhouse Details

Home Type

Townhome

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: English
  • Attached Unit Type: Town House
  • Cross Street: Poplar
  • MLS Map #: 861A
  • MAAR Subdivision Name: BAVARIAN VILLAGE CONDOMINIUMS
  • Condo: Yes
  • Number Of Stories: 2
  • Price Per Sq Ft: 174.59
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1346
  • Termite Contract: Yes
  • Year Built: 1973
  • List Price/ Sq Ft: 178
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedroom 2 Description: Level 2, Walk-In Closet, Shared Bath, Carpet
  • Bedrooms: 2
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile, Sprayed Ceiling
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Continuous Cleaning Oven, Disposal, Dishwasher, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Kit/DR Combo
  • Total Bathrooms: 1.1
  • Primary Bathroom Description: Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer, Stone, Double Pane Window(s), Storm Door(s)
  • Pool Description: Neighborhood

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Storage Room(s)

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Electric
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Association/Amenities

  • Condo Amenities: Tennis Court(s), Clubhouse w/ Kitchen
  • Condominium Association: Yes
  • Condominium Name: Bavarian Village
  • Management Company: Faith Management
  • Neighborhood Amenities: Club House, Pool, Tennis Court

Fee Information

  • Monthly Maintenance Fee: 370

Lot Info

  • Lot Description: Some Trees
  • Lot Number: UNIT 42
  • Acreage: 8.83
  • Price Per Acre: 27180
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 5

Tax Info

  • Assessor Parcel Number: G0219A B00038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2024
Closed on
Oct 3, 2024
Sold by
Candler Nancy R
Bought by
Cheatham Christopher
Seller's Agent
Donna Skaarer
KAIZEN Realty, LLC
Buyer's Agent
Donna Skaarer
KAIZEN Realty, LLC
List Price
$252,000
Sold Price
$235,000
Premium/Discount to List
-$17,000
-6.75%
Views
101
Current Estimated Value
$230,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,757
Avg. Annual Appreciation
0.66%
Original Mortgage
$188,000
Outstanding Balance
$186,756
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$49,628

Purchase Details

Listed on
Dec 14, 2017
Closed on
Jan 31, 2018
Sold by
Newman Martin Alan and Bishop Eileen Joy
Bought by
Candler Nancy
Seller's Agent
Sheldon Rosengarten
Marx-Bensdorf, REALTORS
Buyer's Agent
Donna Skaarer
KAIZEN Realty, LLC
List Price
$149,900
Sold Price
$137,000
Premium/Discount to List
-$12,900
-8.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%

Purchase Details

Closed on
Nov 16, 2017
Sold by
Bishop Eileeen Joy
Bought by
Newman Martin Alan and Bishop Eileen Joy

Purchase Details

Closed on
Jan 30, 2015
Sold by
Newman Rosalee B
Bought by
Newman Marshall A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $235,000 Sure Title
Warranty Deed $137,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $188,000 New Conventional
Previous Owner $120,000 New Conventional
Previous Owner $75,000 Future Advance Clause Open End Mortgage
Previous Owner $100,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Sold $235,000 -2.1% $196 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
08/11/2024 08/11/24 Price Changed $240,000 -4.8% $200 / Sq Ft
07/07/2024 07/07/24 For Sale $252,000 +83.9% $210 / Sq Ft
01/31/2018 01/31/18 Sold $137,000 -8.6% $114 / Sq Ft
12/21/2017 12/21/17 Pending -- -- --
12/14/2017 12/14/17 For Sale $149,900 -- $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
2025 -- $57,100 $6,325 $50,775
2024 $1,085 $32,000 $6,325 $25,675
2023 $1,673 $32,000 $6,325 $25,675
2022 $1,620 $32,000 $6,325 $25,675
2021 $1,641 $32,000 $6,325 $25,675
2020 $1,604 $26,725 $6,325 $20,400
2019 $1,082 $26,725 $6,325 $20,400
2018 $1,082 $26,725 $6,325 $20,400
2017 $1,098 $26,725 $6,325 $20,400
2016 $983 $22,500 $0 $0
2014 $983 $22,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10176380

Memphis Area Association of REALTORS®

APN: G0-219A-B0-0038