NOT LISTED FOR SALE

1948 Alder Branch Ln Germantown, TN 38139

Estimated Value: $399,000 - $427,000

4 Beds
2.5 Baths
2,400-2,599 Sq Ft
$159/Sq Ft Est. Value

Last Sold July 25, 2018

Last sale price $314,000 $121 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,419/month

Highlights

  • Deck
  • Wooded Lot
  • Wood Flooring
  • Farmington Elementary School Rated A
  • Traditional Architecture
  • 1 Fireplace

About This Home

As of July 2018

Beautifully renovated home in sought after 38139 ,close to Farmington Elementary and Cameron Brown park. New hardwood floors throughout downstairs. New carpet upstairs. New kitchen with granite tops, luxury cabinets, stainless appliances and under-counter lighting. New bathrooms throughout. New charming built-ins at back entry. New roof. New gutters, new HVAC for downstairs. New paint. New front door coming soon! This one will go fast!

Last Agent to Sell the Property

Ryan Gehris

USRealty.com, LLP License #321436 Listed on: 05/31/2018

Last Buyer's Agent

Stephanie Taylor

Sowell, Realtors License #295151

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,637

Year Built

  • Built in 1978

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 85 x 135
  • Level Lot
  • Wooded Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,408 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Some Wood Windows
  • Dining Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Parking

  • 2 Car Garage
  • Front Facing Garage

Additional Features

  • Deck
  • Central Heating and Cooling System

Community Details

  • Dogwood Trails Sec E Subdivision

Listing and Financial Details

  • Assessor Parcel Number G0220B C00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,637

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 862C
  • MAAR Subdivision Name: DOGWOOD TRAILS SEC E
  • List Price Per Sq Ft: 132
  • Number Of Stories: 2
  • Price Per Sq Ft: 130.4
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2408
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedrooms: 4
  • Floors/Ceilings: Hardwood Throughout, Wall to Wall Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Dining Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1

Exterior Features

  • Misc Exterior: Deck
  • Exterior Windows: Brick Veneer, Wood/Composition

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Wooded, Level
  • Lot Number: 83
  • Acreage: 0.26
  • Lot Size: 85 X 135
  • Price Per Acre: 1226923

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: G0220B C00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2018
Closed on
Jul 23, 2018
Sold by
Savage Jacob and Savage Jana
Bought by
Sanchez Francisco Muller and Sanchez Serpil Muller
Seller's Agent
Ryan Gehris
USRealty.com, LLP
Buyer's Agent
Stephanie Taylor
Sowell, Realtors
List Price
$319,900
Sold Price
$314,000
Premium/Discount to List
-$5,900
-1.84%
Current Estimated Value
$412,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,830
Avg. Annual Appreciation
4.25%
Original Mortgage
$251,200
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 29, 2013
Closed on
Jan 22, 2014
Sold by
Fannie Mae
Bought by
Savage Jacob and Savage Jana
Seller's Agent
James Abell
REMAX Experts
Buyer's Agent
Laura Clark
Coldwell Banker Collins-Maury
List Price
$239,900
Sold Price
$199,900
Premium/Discount to List
-$40,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%

Purchase Details

Closed on
Feb 18, 2013
Sold by
Sull Virginia T
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 6, 2002
Sold by
Canfield John A and Canfield Kimberly P
Bought by
Sullivan Virginia T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,650
Interest Rate
5.62%
Source: Public Records

Range of Values:

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Average Value
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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
Sanchez Francisco Muller $314,000 None Available
Savage Jacob $199,900 None Available
Federal National Mortgage Association $180,000 None Available
Sullivan Virginia T $200,850 West Tn Title Insurance Agen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Francisco Muller $243,500
Closed Sanchez Francisco Muller $251,200
Previous Owner Sullivan Virginia T $207,000
Previous Owner Sullivan Virginia T $160,650
Previous Owner Canfield John A $10,140
Closed Sullivan Virginia T $40,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2018 07/25/18 Sold $314,000 -1.6% $131 / Sq Ft
06/28/2018 06/28/18 Pending -- -- --
06/18/2018 06/18/18 Price Changed $319,000 -0.3% $133 / Sq Ft
05/31/2018 05/31/18 For Sale $319,900 +60.0% $133 / Sq Ft
01/28/2014 01/28/14 Sold $199,900 -16.7% $91 / Sq Ft
01/14/2014 01/14/14 Pending -- -- --
08/29/2013 08/29/13 For Sale $239,900 -- $109 / 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 $2,637 $113,875 $18,750 $95,125
2024 $2,637 $77,800 $13,400 $64,400
2023 $4,068 $77,800 $13,400 $64,400
2022 $3,939 $77,800 $13,400 $64,400
2021 $4,046 $77,800 $13,400 $64,400
2020 $3,518 $58,625 $13,400 $45,225
2019 $2,374 $58,625 $13,400 $45,225
2018 $2,374 $58,625 $13,400 $45,225
2017 $3,564 $58,625 $13,400 $45,225
2016 $2,370 $54,225 $0 $0
2014 $2,370 $54,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10028277

Memphis Area Association of REALTORS®

APN: G0-220B-C0-0008