NOT LISTED FOR SALE

2246 Mcvay Rd Germantown, TN 38138

Estimated Value: $298,000 - $372,000

2 Beds
2 Baths
1,400-1,599 Sq Ft
$219/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $185,000 $116 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,080/month

78 Days on Market

Highlights

  • Updated Kitchen
  • Deck
  • Traditional Architecture
  • Riverdale Elementary School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of September 2016

Unique 1947 cottage made of beautiful wood from ceiling to floor! Split-rail fence & mature trees add to the charm. Soaring ceiling w/skylights in Great Room along with masonry fireplace & bookcases w/TV shelf. GRM opens to vaulted dining room. Tiled kitchen has fun plant window, SS range, SS microwave & dishwasher. Big laundry room. There are 2 bedrooms & 2 baths. Outside there is a covered patio & a storage building. Lots of options for parking--pad on right side and drive and gate on left.

Last Agent to Sell the Property

John Green

John Green & Co., REALTORS License #51495 Listed on: 06/15/2016

Last Buyer's Agent

John Green

John Green & Co., REALTORS License #51495 Listed on: 06/15/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,774

Year Built

  • Built in 1947

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75x150
  • Level Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,554 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Oven or Range
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch
  • Outdoor Storage

Utilities

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

Community Details

  • Germantown Subdivision

Listing and Financial Details

  • Assessor Parcel Number G0230 00092

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,774

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Poplar Pike
  • MLS Map #: 861C
  • MAAR Subdivision Name: GERMANTOWN
  • List Price Per Sq Ft: 129
  • Number Of Stories: 1
  • Price Per Sq Ft: 119.05
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1554
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Renovated Bathroom
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Hardwood Floor
  • Bedrooms: 2
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout, Tile, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Pantry
  • Misc Interior: Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building, Covered Patio, Deck
  • Exterior Windows: Wood/Composition, Wood Window(s)
  • Foundation: Slab
  • Roof: Wood/Shake

Garage/Parking

  • Parking Storage: Driveway/Pad

Utilities

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

Lot Info

  • Lot Description: Some Trees, Level
  • Acreage: 0.25
  • Lot Size: 75X150
  • Price Per Acre: 800000

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: G0230 00092

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2025
Sold by
S Dwain Gaither Living Trust and Dwain Gaither S
Bought by
Speed Investments Llc
Current Estimated Value
$349,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,800
Outstanding Balance
$284,268
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$67,271

Purchase Details

Closed on
Nov 17, 2023
Sold by
Gaither S Dwain
Bought by
S Dwain Gaither Living Trust and Gaither

Purchase Details

Listed on
Jun 15, 2016
Closed on
Sep 23, 2016
Sold by
Lugar Andrea Holmes
Bought by
Gaither Silas
Seller's Agent
John Green
John Green & Co., REALTORS
Buyer's Agent
John Green
John Green & Co., REALTORS
List Price
$225,000
Sold Price
$185,000
Premium/Discount to List
-$40,000
-17.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$136,000
Interest Rate
3.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 9, 2006
Sold by
Holmes George Edward and Holmes Jean Anderson
Bought by
Holmes Trust

Purchase Details

Closed on
Mar 1, 2001
Sold by
Homes Iv George Edward
Bought by
Holmes George Edward and Holmes Jean Anderson
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Speed Investments Llc $371,000 None Listed On Document
S Dwain Gaither Living Trust -- None Listed On Document
Gaither Silas $105,000 None Available
Holmes Trust -- None Available
Holmes George Edward $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Speed Investments Llc $296,800
Previous Owner Gaither Silas $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $185,000 -17.8% $132 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $225,000 0.0% $161 / Sq Ft
04/13/2015 04/13/15 Rented $1,300 0.0% --
04/10/2015 04/10/15 Under Contract -- -- --
03/03/2015 03/03/15 For Rent $1,300 -- --
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 $1,774 $62,850 $20,325 $42,525
2024 $1,774 $52,325 $11,525 $40,800
2023 $2,736 $52,325 $11,525 $40,800
2022 $2,649 $52,325 $11,525 $40,800
2021 $2,683 $52,325 $11,525 $40,800
2020 $2,459 $40,975 $11,525 $29,450
2019 $1,659 $40,975 $11,525 $29,450
2018 $1,659 $40,975 $11,525 $29,450
2017 $1,684 $40,975 $11,525 $29,450
2016 $1,466 $33,550 $0 $0
2014 $1,466 $33,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9979770

Memphis Area Association of REALTORS®

APN: G0-230-0-0092