NOT LISTED FOR SALE

2 Okeena Cove Jackson, TN 38305

Estimated Value: $1,032,000 - $1,237,000

5 Beds
4.5 Baths
7,000-7,999 Sq Ft
$139/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $934,000 $117 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,229/month

228 Days on Market

Highlights

  • Heated In Ground Pool
  • Updated Kitchen
  • Deck
  • Gated Community
  • Fireplace in Bathroom
  • Wooded Lot

About This Home

As of May 2023

5 acre property located in NW Madison County in gated community of Okeena. This home has many upgraded features. Heated pool with automatic child proof cover, gorgeous kitchen with induction cooktop, double oven, ice maker, beverage center & coffee bar. 2 storm shelters, partially finished basement. Roof 2021, sprinkler system, outdoor lighting, security system with cameras. Owner's suite has 3 closets & safe room. Hard wired standby generator. New carpet upstairs. Abundant storage.

Last Agent to Sell the Property

Peggy Graves

Coldwell Banker Southern Rlty License #202797 Listed on: 09/15/2022

Coldwell Banker Southern Rlty

Last Buyer's Agent

Peggy Graves

Coldwell Banker Southern Rlty License #202797 Listed on: 09/15/2022

Coldwell Banker Southern Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,775

Year Built

  • Built in 1989

Lot Details

  • 5 Acre Lot
  • Wooded Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 7,000-7,999 Sq Ft Home
  • 7,592 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Smooth Ceilings
  • 3 Fireplaces
  • Gas Fireplace
  • Great Room
  • Breakfast Room
  • Den
  • Library
  • Bonus Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Double Oven
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom Retreat
  • En-Suite Bathroom
  • Walk-In Closet
  • Fireplace in Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Circular Driveway

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • Okeena Subdivision
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,775

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: Okeena
  • List Price Per Sq Ft: 132
  • Number Of Stories: 3
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 7592
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 7000 - 7999
  • Bedroom 2 Description: Level 2, Walk-In Closet, Private Full Bath, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Private Full Bath, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Carpet
  • Bedroom 5 Description: Basement
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Fireplace: Vented Gas Fireplace
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Double Oven, Dishwasher
  • Living Dining Kitchen: Separate Den, Great Room, Updated/Renovated Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Washer/Dryer Connections
  • Misc Interior: Central Vacuum, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 3
  • Other Rooms: Laundry Room, Library/Study, Bonus Room, Finished Basement
  • Primary Bathroom Description: Double Sinks, Separate Shower, Fireplace
  • P R I M A R Y B E D R O O M: Hardwood Floor

Exterior Features

  • Misc Exterior: Pool Heater, Porch, Patio, Deck
  • Exterior Windows: Brick Veneer, Stone
  • Foundation: Full Basement
  • Pool Description: In Ground

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Burglar Alarm
  • Water Sewer: Septic Tank

Association/Amenities

  • Neighborhood Amenities: Gated Neighborhood

Lot Info

  • Lot Description: Wooded
  • Acreage: 5
  • Lot Size: 5 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
May 14, 2023
Sold by
Franks Bradley K and Franks Sherry S
Bought by
Powell Preston B and Powell Alexandra
Seller's Agent
Peggy Graves
Coldwell Banker Southern Rlty
Buyer's Agent
Peggy Graves
Coldwell Banker Southern Rlty
List Price
$1,199,900
Sold Price
$934,000
Premium/Discount to List
-$265,900
-22.16%
Views
525
Current Estimated Value
$1,108,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,520
Avg. Annual Appreciation
7.12%
Original Mortgage
$700,500
Outstanding Balance
$680,628
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$427,892

Purchase Details

Closed on
Nov 15, 2013
Sold by
Mcknight Donald T
Bought by
Franks Bradley K and Franks Sherry S

Purchase Details

Closed on
Apr 23, 2003
Bought by
Mcknight Donald

Purchase Details

Closed on
Dec 10, 1987
Bought by
Hayes James H

Purchase Details

Closed on
Jan 1, 1984
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 Buyer Sale Price Title Company
Powell Preston B $934,000 None Listed On Document
Franks Bradley K $636,000 --
Mcknight Donald $822,500 --
Hayes James H $20,000 --
-- $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Preston B $700,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2023 05/18/23 Sold $934,000 -6.6% $133 / Sq Ft
03/29/2023 03/29/23 Price Changed $999,900 -16.7% $143 / Sq Ft
09/15/2022 09/15/22 For Sale $1,199,900 -- $171 / 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 $4,775 $254,850 $22,200 $232,650
2022 $4,754 $253,725 $22,200 $231,525
2021 $4,570 $194,450 $22,200 $172,250
2020 $4,570 $194,450 $22,200 $172,250
2019 $4,570 $194,450 $22,200 $172,250
2018 $4,570 $194,450 $22,200 $172,250
2017 $4,575 $186,725 $22,200 $164,525
2016 $3,825 $177,925 $22,200 $155,725
2015 $3,825 $177,925 $22,200 $155,725
2014 $3,825 $177,925 $22,200 $155,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10133521

Memphis Area Association of REALTORS®

APN: 045-025.28