$495,000
SOLD MAR 6, 2025

2002 Magnolia Ridge Cove Germantown, TN 38138

6 Beds
3.5 Baths
3,600-3,799 Sq Ft
0.52 Acres

Recently Sold

$130 Per Sq Ft

7% Below List Price

81 Days on Market

Highlights

  • Updated Kitchen
  • Landscaped Professionally
  • Wood Flooring
  • Riverdale Elementary School Rated A
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of March 2025

Welcome to this one owner, beautifully maintained 6 bed 3.5 bath gem! Nestled on a .5 acre cove lot w/ amazing curb appeal, centrally located in West Germantown in Riverdale ES & Houston JR/HS School District. This 3737 sq ft home boasts all brick floors in kitchen, entry & hallways on main floor. The expansive living room w/ oversize fireplace & floor to ceiling windows overlooking the beautifully landscaped back yard w/ pond is the heart of the home. The kitchen is updated w/ painted cabinets & granite counters also feat. a breakfast area & att. large dining room w/ wood floors. The main floor inc. an oversized laundry rm, primary bedroom w/ bath & additional 1st floor bedroom w/ bath perfect for guests & a half bath. Upstairs there are 4 beds, one would make an excellent office, a full bath & large exp. walk in attic. Addt'l features inc. wood look porcelain tile in laundry room & 2nd stairs leading to exp. attic space & all glass doorknobs throughout. 1 brand new water heater!

Last Agent to Sell the Property

Lauren Bogart

Real Estate Agency License #371613 Listed on: 10/31/2024

Last Buyer's Agent

Julianne Carney

Keller Williams License #338432

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,332

Year Built

  • Built in 1980

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 79x145
  • Landscaped Professionally
  • Sprinklers on Timer
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,600-3,799 Sq Ft Home
  • 3,720 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Fireplace Features Blower Fan
  • Some Wood Windows
  • Two Story Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Storage Room
  • Laundry Room
  • Attic Access Panel

Kitchen

  • Updated Kitchen
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Brick
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Home Security

  • Storm Windows
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Carport
  • Driveway

Outdoor Features

  • Cove
  • Patio

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Water Heater

Community Details

  • The Timbers Subdivision

Listing and Financial Details

  • Assessor Parcel Number G0219A C00042

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,332

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 861-
  • MAAR Subdivision Name: TIMBERS (THE)
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 133.06
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3720
  • Termite Contract: Yes
  • Year Built: 1980
  • List Price/ Sq Ft: 141
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1/2 Bath, 2 or More Baths, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 3600-3799
  • Bedroom 2 Description: Level 1, Walk-In Closet, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Carpet
  • Bedroom 5 Description: Level 2, Walk-In Closet, Carpet
  • Bedrooms: 6
  • Bedrooms Down: 2
  • Fireplace: In Living Room, Blower
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Brick Floor, Two Story Foyer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Double Oven, Cooktop, Dishwasher, Microwave, Trash Compactor, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Separate Breakfast Room, Pantry
  • Misc Interior: Walk-In Closet(s), Attic Access, Walk-In Attic, Rear Stairs to Playroom, Cat/Dog Free House
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall, Attic
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Patio, Well Landscaped Grounds
  • Exterior Windows: Brick Veneer, Wood/Composition, Storm Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 2
  • Parking Display: C2A
  • Parking Storage: Driveway/Pad, Storage Room(s)

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Central, Dual System
  • Water Sewer: 2+ Water Heaters, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Cove, Landscaped, Professionally Landscaped
  • Lot Number: 58
  • Acreage: 0.52
  • Lot Size: 79X145
  • Price Per Acre: 1009423
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: G0219A C00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2024
Closed on
Mar 7, 2025
Sold by
Desaix Henry and Desaix Anne C
Bought by
Boxman David and Boxman Amanda
Seller's Agent
Lauren Bogart
Real Estate Agency
Buyer's Agent
Julianne Carney
Keller Williams
List Price
$534,900
Sold Price
$495,000
Premium/Discount to List
-$39,900
-7.46%
Views
108
Current Estimated Value
$501,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,019
Avg. Annual Appreciation
2.31%
Original Mortgage
$445,500
Outstanding Balance
$444,012
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$57,007
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $495,000 Tri State Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $445,500 New Conventional
Previous Owner $40,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Sold $495,000 -5.7% $138 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
12/02/2024 12/02/24 Price Changed $524,900 -1.9% $146 / Sq Ft
10/31/2024 10/31/24 For Sale $534,900 -- $149 / 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 $3,332 $136,775 $25,100 $111,675
2024 $3,332 $98,300 $14,250 $84,050
2023 $5,139 $98,300 $14,250 $84,050
2022 $4,977 $98,300 $14,250 $84,050
2021 $5,041 $98,300 $14,250 $84,050
2020 $4,926 $82,100 $14,250 $67,850
2019 $3,325 $82,100 $14,250 $67,850
2018 $3,325 $82,100 $14,250 $67,850
2017 $3,374 $82,100 $14,250 $67,850
2016 $2,996 $68,550 $0 $0
2014 $2,996 $68,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10184313

Memphis Area Association of REALTORS®

APN: G0-219A-C0-0042