$587,000
SOLD MAR 13, 2025

20 Drake Dr Piperton, TN 38017

4 Beds
3 Baths
2,600-2,799 Sq Ft
0.5 Acres

Recently Sold

$210 Per Sq Ft

2% Below List Price

5 Days on Market

Highlights

  • Waterfront
  • Wooded Lot
  • Wood Flooring
  • Community Lake
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of March 2025

The much-coveted Madeline Farmhouse plan on the lake! This special home has it all! Only 1 1/2 years old, this gem is like brand new! 3 BR/2BA down, 1 BR (or Bonus)/1 BA up. Split BR plan down. Vaulted GR w/ gas fireplace. Large Kitchen w/ island, breakfast bar, quartz counter tops, tile back splash, ss appl, and double oven gas range. Huge walk-in pantry. Primary suite w/ extra large walk-in closet w/ his/her separate dressing areas. Primary closet connects to spacious Laundry Room. Cubbie/Mud Rm area. Enjoy the lake view and most gorgeous sunsets in Fayette Co. from the comfort of your covered back porch. Two walk-in attic areas. Insulated triple car garage w/ protective flooring. And there's more..........brand new 12' x 23' heated and cooled detached garage! You don't want to miss this opportunity!

Last Agent to Sell the Property

Lisa Fitzgerald

Main Street, REALTORS License #248811 Listed on: 01/15/2025

Last Buyer's Agent

Lisa Fitzgerald

Main Street, REALTORS License #248811 Listed on: 01/15/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023

Lot Details

  • 0.5 Acre Lot
  • Waterfront
  • Landscaped
  • Level Lot
  • Wooded Lot

HOA Fees

  • $40 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,691 Sq Ft Home
  • 1.2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Screened Porch
  • Laundry Room
  • Attic

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Outdoor Storage

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Madeline Farms Ph 2 Subdivision
  • Mandatory home owners association
  • Community Lake
  • Planned Unit Development

Home Details

Home Type

Single Family

Year Built

Built in 2023

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MLS Map #: 652C
  • MAAR Subdivision Name: MADELINE FARMS PH2
  • Number Of Stories: 1.2
  • Price Per Sq Ft: 218.13
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 2691
  • Year Built: 2023
  • List Price/ Sq Ft: 223
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Second Story Floor Plan: 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedroom 2 Description: Level 1, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 1, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Private Full Bath, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Prefabricated, Vented Gas Fireplace, In Den/Great Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Great Room, Breakfast Bar, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Walk-In Attic, Fire Sprinklers, Cat/Dog Free House, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Attic
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building, Porch, Screen Porch
  • Exterior Windows: Wood/Composition, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Driveway/Pad, More than 3 Coverd Spaces, Workshop(s), Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central, Gas, Dual System
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 475
  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Wooded, Level, Water Frontage, Landscaped
  • Lot Number: 95
  • Acreage: 0.5
  • Lot Size: .50 acres
  • Price Per Acre: 1199800
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
Mar 13, 2025
Sold by
Holliman Stan W and Holliman Patricia J
Bought by
Neighbor Properties Llc
Seller's Agent
Lisa Fitzgerald
Main Street, REALTORS
Buyer's Agent
Lisa Fitzgerald
Main Street, REALTORS
List Price
$599,900
Sold Price
$587,000
Premium/Discount to List
-$12,900
-2.15%
Views
12
Current Estimated Value
$585,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,204
Avg. Annual Appreciation
0.37%
Original Mortgage
$498,950
Outstanding Balance
$491,972
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$96,119
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 $587,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $498,950 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 Sold $587,000 -2.2% $226 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
01/15/2025 01/15/25 For Sale $599,900 -- $231 / 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 -- $100,625 $16,875 $83,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10188136

Memphis Area Association of REALTORS®

APN: 144L-B-031.00