NOT LISTED FOR SALE

Estimated Value: $1,063,000 - $1,190,752

5 Beds
15 Baths
5,000-5,499 Sq Ft
$208/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $980,000 $178 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,756/month

20 Days on Market

Highlights

  • In Ground Pool
  • Main Floor Primary Bedroom
  • Separate Formal Living Room
  • Traditional Architecture
  • 1 Fireplace
  • Circular Driveway

About This Home

As of May 2022

FOR MLS PURPOSES ONLY

Last Agent to Sell the Property

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE Listed on: 03/04/2022

Last Buyer's Agent

Palmer Gardner

Ware Jones, REALTORS License #338297

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,271

Year Built

  • Built in 1983

Lot Details

  • Lot Dimensions are 125x113

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 5,000-5,499 Sq Ft Home
  • 5,225 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • 1 Fireplace
  • Separate Formal Living Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main

Parking

  • 2 Parking Spaces
  • Circular Driveway

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Gardens Phases 1A 1B Subdivision
  • Mandatory home owners association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,271

Year Built

Built in 1983

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 754E
  • MAAR Subdivision Name: Chickasaw Gardens
  • List Price Per Sq Ft: 188
  • Number Of Stories: 2
  • Price Per Sq Ft: 187.56
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 5225
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down
  • Estimated Heated Sq Ft Range: 5000-5499
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Floors/Ceilings: Smooth Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 11
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 1
  • Total Bathrooms: 4.1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer
  • Pool Description: In Ground

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Circular Drive

Utilities

  • Cooling: Central
  • Heating: Gas

Association/Amenities

  • Annual Association Fee: 800
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Size: 125X113

Multi Family

  • Number Of Rooms: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
May 2, 2022
Sold by
Rhea Bo Burnette and Rhea Rebecca
Bought by
Simpson Edward L and Simpson Jessica P
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Palmer Gardner
Ware Jones, REALTORS
List Price
$980,000
Sold Price
$980,000
Current Estimated Value
$1,141,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,688
Avg. Annual Appreciation
3.17%
Original Mortgage
$350,000
Outstanding Balance
$295,077
Interest Rate
3.83%
Mortgage Type
Credit Line Revolving
Estimated Equity
$794,067

Purchase Details

Listed on
Apr 12, 2018
Closed on
May 25, 2018
Sold by
Mills Gary C and Mills Lynette Harris
Bought by
Rhea Bo Burentte and Rhea Rebeccca
Seller's Agent
Joshua Spotts
eXp Realty, LLC
Buyer's Agent
Ellie Bennett
Hobson, REALTORS
List Price
$875,000
Sold Price
$875,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%
Original Mortgage
$874,038
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2010
Sold by
Mills Lynette Harris
Bought by
Mills Gary C and Mills Lynette Harris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2004
Sold by
Mills Gary Curtis
Bought by
Mills Lynette Harris
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Simpson Edward L $980,000 None Listed On Document
Rhea Bo Burentte $875,000 None Available
Mills Gary C -- None Available
Mills Lynette Harris -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson Edward Lemaster $350,000
Closed Simpson Edward L $250,000
Previous Owner Rhea Bo Burentte $874,038
Previous Owner Milles Gary C $250,000
Previous Owner Mills Gary C $417,000
Previous Owner Mills Gary C $417,000
Previous Owner Mills Gary C $200,000
Previous Owner Mills Gary C $300,700
Previous Owner Mills Gary C $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $980,000 0.0% $196 / Sq Ft
03/04/2022 03/04/22 For Sale $980,000 +12.0% $196 / Sq Ft
05/25/2018 05/25/18 Sold $875,000 0.0% $175 / Sq Ft
04/15/2018 04/15/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $875,000 -- $175 / 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 $7,271 $265,825 $69,375 $196,450
2024 $7,271 $214,475 $55,500 $158,975
2023 $13,065 $214,475 $55,500 $158,975
2022 $13,065 $214,475 $55,500 $158,975
2021 $13,218 $214,475 $55,500 $158,975
2020 $7,387 $229,125 $55,500 $173,625
2019 $7,323 $229,125 $55,500 $173,625
2018 $7,323 $229,125 $55,500 $173,625
2017 $7,496 $229,125 $55,500 $173,625
2016 $9,364 $214,275 $0 $0
2014 $9,364 $214,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10137505

Memphis Area Association of REALTORS®

APN: 04-5062-0-0007