NOT LISTED FOR SALE

2042 Corbin Cove Germantown, TN 38139

Estimated Value: $427,644 - $470,000

4 Beds
2.5 Baths
2,600-2,799 Sq Ft
$159/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $365,000 $130 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,588/month

Highlights

  • Updated Kitchen
  • Deck
  • Wood Flooring
  • Farmington Elementary School Rated A
  • Traditional Architecture
  • 3-minute walk to Farmington Park

About This Home

As of October 2020

Sold immediately with competitive offers, but buyer just backed out!! Beautiful Germantown home located on a corner lot in a cove around the corner from Farmington Elem! Features include; fresh interior paint, newly renovated hall bath, large walk in master shower, real hardwood floors downstairs, french doors leading to covered patio off the main living area- great for entertaining!Roof 10 years old,HVAC downstairs unit 2yrs old-upstairs 6yrs old. Kitchen cabinet doors/drawers replaced 2015.

Last Agent to Sell the Property

Katrina Grubb

The Firm License #345727 Listed on: 09/10/2020

Last Buyer's Agent

Ken Stonebrook

Stonebrook REALTORS, LLC License #285714

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,968

Year Built

  • Built in 1978

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 118x135
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,600-2,799 Sq Ft Home
  • 2,666 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Popcorn or blown ceiling
  • Fireplace Features Masonry
  • Gas Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Dining Room
  • Den with Fireplace

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Double Vanity

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Permanent Attic Stairs

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Riverchase Subdivision

Listing and Financial Details

  • Assessor Parcel Number G0231V A00046

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,968

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: RIVERCHASE
  • List Price Per Sq Ft: 135
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2666
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, 1/2 Bath, Laundry Room
  • Second Story Floor Plan: Master Bedroom, 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Master Up, Renovated Bathroom, Double Vanity Bath, Half Bath Down
  • Estimated Heated Sq Ft Range: 2600-2799
  • Bedroom 2 Description: Level 2, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 4
  • Fireplace: Masonry, Vented Gas Fireplace, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, Textured Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Primary Bathroom Description: Double Sinks, Tile Floor
  • Master Bedroom: Level 2, Walk-In Closet, Full Bath, Carpet
  • Master Bedroom Dimensions: 20x16
  • Misc Interior: Walk-In Closet(s), Permanent Attic Stairs, Attic Access, Walk-In Attic
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Attic

Exterior Features

  • Misc Exterior: Covered Patio, Deck, Wood Fence, Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Back-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Electric Water Heater

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: 86
  • Acreage: 0.36
  • Lot Size: 118X135

Tax Info

  • Assessor Parcel Number: G0231V A00046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 23, 2020
Sold by
Gibbs Shelli M and Gibbs Collin A
Bought by
Wright Daniel and Wright Danielle
Seller's Agent
Katrina Grubb
The Firm
Buyer's Agent
Ken Stonebrook
Stonebrook REALTORS, LLC
List Price
$360,000
Sold Price
$365,000
Premium/Discount to List
$5,000
1.39%
Current Estimated Value
$446,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,411
Avg. Annual Appreciation
4.09%
Original Mortgage
$328,500
Outstanding Balance
$291,651
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$154,760

Purchase Details

Closed on
Feb 12, 2019
Sold by
Gibbs Shelli M Thorp
Bought by
Gibbs Shelli M and Gibbs Collin A

Purchase Details

Closed on
Mar 31, 2005
Sold by
Lane Brian Scott and Lane Churirat T
Bought by
Thorp Shelli M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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 Buyer Sale Price Title Company
Wright Daniel $365,000 None Available
Gibbs Shelli M -- Lendserv National Titel
Thorp Shelli M $193,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Daniel $328,500
Previous Owner Thorp Shelli M $154,400
Closed Thorp Shelli M $19,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Sold $365,000 +1.4% $140 / Sq Ft
09/10/2020 09/10/20 For Sale $360,000 -- $138 / 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 $2,968 $112,950 $18,750 $94,200
2024 $2,968 $87,550 $13,400 $74,150
2023 $4,577 $87,550 $13,400 $74,150
2022 $4,433 $87,550 $13,400 $74,150
2021 $4,553 $87,550 $13,400 $74,150
2020 $3,767 $62,775 $13,400 $49,375
2019 $2,542 $62,775 $13,400 $49,375
2018 $2,542 $62,775 $13,400 $49,375
2017 $3,817 $62,775 $13,400 $49,375
2016 $2,541 $58,150 $0 $0
2014 $2,541 $58,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katrina Grubb

    Seller's Agent in 2020

    Katrina Grubb

    The Firm

    (901) 870-1650

    28 in this area

    92 Total Sales

    Katrina Grubb
    Section Image
  • Ken Stonebrook

    Buyer's Agent in 2020

    Ken Stonebrook

    Stonebrook REALTORS, LLC

    (901) 413-2970

    13 in this area

    76 Total Sales

    Ken Stonebrook
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10084655

Memphis Area Association of REALTORS®

APN: G0-231V-A0-0046

Tennessee Shelby County Germantown 38139

2042 Corbin Cove, Germantown, TN

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