$325,000
SOLD NOV 15, 2024 RENTED MAY 30, 2025

1962 Riverdale Rd Germantown, TN 38138

4 Beds
3.5 Baths
3,800-3,999 Sq Ft
0.34 Acres

Recently Sold

$81 Per Sq Ft

48% Below List Price

162 Days on Market

Highlights

  • Boathouse
  • Garage Apartment
  • Wooded Lot
  • Riverdale Elementary School Rated A
  • Deck
  • Traditional Architecture

About This Home

As of November 2024

Huge Price Reduction!! Germantown home with great location! 4 Bedrooms and 3.5 baths. Primary plus one bedroom on the first level. Separate entrance in garage to upstairs bedroom (5th) w/private bath- 55 x 6. 2 Car garage, extra storage room, and single car door used as a boat house. Easy access and close to everything. Beautiful street and neighborhood. Move in and make it yours! Vacant and ready for a quick sale. Germantown Schools!

Last Agent to Sell the Property

Maureen Fraser

John Green & Co., REALTORS License #302741 Listed on: 05/16/2024

Co-Listed By

Vicky Gamber

John Green & Co., REALTORS License #369593

Last Buyer's Agent

Zachary Churchey

Churchey Realty License #349011

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 94x142
  • Wood Fence
  • Landscaped
  • Wooded Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 3,800-3,999 Sq Ft Home
  • 3,880 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Some Wood Windows
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Sun or Florida Room
  • Keeping Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall
  • Window or Skylight in Bathroom

Laundry

  • Laundry Room
  • Washer

Home Security

  • Termite Clearance
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Garage Apartment
  • Side Facing Garage
  • Circular Driveway

Outdoor Features

  • Boathouse
  • Deck
  • Gazebo
  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System

Community Details

  • The Timbers Subdivision

Listing and Financial Details

  • Assessor Parcel Number G0219A C00071

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 861C
  • MAAR Subdivision Name: TIMBERS (THE)
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 83.76
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3880
  • Termite Contract: Yes
  • Year Built: 1979
  • List Price/ Sq Ft: 116
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1 1/2 Bath, Laundry Room, Keeping/Hearth Room, Sun Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Sky Light(s) in Bath, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 3800-3999
  • Bedroom 2 Description: Level 1, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Carpet
  • Bedroom 4 Description: Level 2, Built-In Cabinets/Bkcases, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Dishwasher, Microwave, Trash Compactor, Refrigerator, Washer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Great Room, Eat-In Kitchen, Washer/Dryer Connections, Keeping/Hearth Room
  • Misc Interior: Wet Bar, Walk-In Attic
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Sun Room, Bonus Room, Attic
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, Separate Shower
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Deck, Gazebo, Garage Apartment, On-Site Storage, Wooded Grounds, Workshop, Boathouse
  • Exterior Windows: Wood Window(s)
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Circular Drive, Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Landscaped, Wood Fenced
  • Lot Number: 2
  • Acreage: 0.34
  • Keeping Hearth Dimension: 25x25
  • Lot Size: 94X142
  • Price Per Acre: 1323529
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: G0219A C00071

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Nov 13, 2024
Sold by
Ballard Judy L
Bought by
Churchey Development Llc
Seller's Agent
Maureen Fraser
John Green & Co., REALTORS
Buyer's Agent
Zachary Churchey
Churchey Realty
List Price
$625,000
Sold Price
$325,000
Premium/Discount to List
-$300,000
-48%
Views
208
Current Estimated Value
$475,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,211
Avg. Annual Appreciation
93.93%
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $325,000 None Listed On Document
Warranty Deed $325,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $20,000 Credit Line Revolving
Previous Owner $35,000 Credit Line Revolving
Previous Owner $12,240 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Rented $3,300 0.0% --
05/27/2025 05/27/25 For Rent $3,300 0.0% --
11/15/2024 11/15/24 Sold $325,000 -27.8% $86 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
08/13/2024 08/13/24 Price Changed $450,000 -18.2% $118 / Sq Ft
07/16/2024 07/16/24 Price Changed $550,000 -8.3% $145 / Sq Ft
06/04/2024 06/04/24 Price Changed $599,900 -4.0% $158 / Sq Ft
05/16/2024 05/16/24 For Sale $625,000 -- $164 / 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 -- $138,425 $21,875 $116,550
2024 -- $100,375 $12,425 $87,950
2023 $5,248 $100,375 $12,425 $87,950
2022 $5,082 $100,375 $12,425 $87,950
2021 $5,147 $100,375 $12,425 $87,950
2020 $4,991 $83,175 $12,425 $70,750
2019 $3,369 $83,175 $12,425 $70,750
2018 $3,369 $83,175 $12,425 $70,750
2017 $3,418 $83,175 $12,425 $70,750
2016 $2,838 $64,950 $0 $0
2014 $2,838 $64,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10172443

Memphis Area Association of REALTORS®

APN: G0-219A-C0-0071