NOT LISTED FOR SALE

2400 Forest Hill Irene Rd Germantown, TN 38139

Estimated Value: $2,746,982 - $5,505,000

6 Beds
12 Baths
18,273 Sq Ft
$205/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $2,400,000 $131 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $21,707/month

Highlights

  • Water Views
  • Barn or Stable
  • Home Theater
  • Dogwood Elementary School Rated A
  • Second Kitchen
  • Lake On Lot

About This Home

As of August 2021

Spectacular GRAND ESTATE offering "Top-Quality" build of approx 18,000' on a RARE Gtown parcel of 10acres in great estate location. Multi-generational living or in-home help is afforded perfectly on 3levels of living (Call for a description +how the floor plan could accommodate lots of lge family needs.) Grand-sized rooms for entertaining, lge vaulted hearth room w/ booming views, full caterer's kit, rich-finish study, gym w/steam room are highlights. Truly a great value for so much fine living!

Last Agent to Sell the Property

Jimmy Reed

Marx-Bensdorf, REALTORS License #205881 Listed on: 02/23/2021

Last Buyer's Agent

Erica Martin

Real Estate Agency License #325990

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,459

Year Built

  • Built in 1999

Lot Details

  • 9.88 Acre Lot
  • Lot Dimensions are 336.85 x 1279.52
  • Landscaped Professionally
  • Sprinklers on Timer
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 18,273 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • 7 Fireplaces
  • Some Wood Windows
  • Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Den
  • Library
  • Bonus Room
  • Play Room
  • Storage Room
  • Sauna
  • Keeping Room
  • Water Views
  • Burglar Security System
  • Finished Basement

Kitchen

  • Second Kitchen
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Powder Room
  • In-Law or Guest Suite

Parking

  • 5 Car Garage
  • Side Facing Garage
  • Circular Driveway

Outdoor Features

  • Lake On Lot
  • Patio
  • Outdoor Storage
  • Outdoor Gas Grill

Horse Facilities and Amenities

  • Barn or Stable

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • 220 Volts
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number G0232 00028C

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,459

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 863A
  • List Price Per Sq Ft: 142
  • Number Of Stories: 3
  • Price Per Sq Ft: 131.34
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 18273
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Additional Bedroom Bathroom Info: Split Bedroom Plan
  • Estimated Heated Sq Ft Range: 10000+
  • Bedrooms: 6
  • Bedrooms Down: 2
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 8
  • Half Bathrooms: 4
  • Equipment: Range/Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Great Room, Separate Breakfast Room, Pantry, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: Wet Bar, Central Vacuum, Sky Light(s), Powder/Dressing Room, Security System, Elevator
  • Number Of Fireplaces: 7
  • Other Rooms: Library/Study, Play Room, Bonus Room, In-Law Quarters, 2nd Kitchen, Finished Basement, Entry Hall, Media Room, Storage Room
  • Total Bathrooms: 8.4

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Gas Grill, Patio, Sauna, Barn/Stable, Well Landscaped Grounds, Storage
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 5
  • Parking Display: 5
  • Parking Storage: Circular Drive, More than 3 Coverd Spaces, Side-Load Garage

Utilities

  • Cooling: Central, 3 or More Systems, 220 Wiring
  • Heating: Central, Gas, 3 or More Systems
  • Security: Burglar Alarm
  • Water Sewer: 2+ Water Heaters, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Lake/Pond on Property, Water View, Professionally Landscaped
  • Acreage: 9.88
  • Keeping Hearth Dimension: 23x20
  • Lot Size: 336.85 X 1279.52
  • Price Per Acre: 262652

Multi Family

  • Number Of Rooms: 24

Tax Info

  • Assessor Parcel Number: G0232 00028C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2022
Sold by
William Schnapp
Bought by
Schnapp William and Schnapp Adrienne
Current Estimated Value
$3,752,327

Purchase Details

Listed on
Feb 23, 2021
Closed on
Aug 4, 2021
Sold by
Palmer Danny M and Palmer Sarah L
Bought by
Schnapp William
Seller's Agent
Jimmy Reed
Marx-Bensdorf, REALTORS
Buyer's Agent
Erica Martin
Real Estate Agency
List Price
$2,750,000
Sold Price
$2,400,000
Premium/Discount to List
-$350,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%
Original Mortgage
$192,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2004
Sold by
Carter Roger A
Bought by
Palmer Danny M and Palmer Sarah L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schnapp William -- Hodges Law Firm Pllc
Schnapp William $2,400,000 None Available
Palmer Danny M $3,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schnapp William $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2021 08/04/21 Sold $2,400,000 -7.5% $131 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
06/14/2021 06/14/21 Price Changed $2,595,000 -5.6% $142 / Sq Ft
02/23/2021 02/23/21 For Sale $2,750,000 -- $150 / 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 $22,459 $869,325 $146,975 $722,350
2024 $22,459 $662,500 $146,975 $515,525
2023 $34,637 $662,500 $146,975 $515,525
2022 $33,599 $662,500 $146,975 $515,525
2021 $34,450 $662,500 $146,975 $515,525
2020 $39,750 $662,500 $146,975 $515,525
2019 $26,831 $662,500 $146,975 $515,525
2018 $26,831 $662,500 $146,975 $515,525
2017 $43,320 $712,500 $146,975 $565,525
2016 $30,590 $700,000 $0 $0
2014 $43,982 $1,006,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10093779

Memphis Area Association of REALTORS®

APN: G0-232-0-0028C