NOT LISTED FOR SALE

2428 Black Water Trail Memphis, TN 38119

Shady Grove Neighborhood

Estimated Value: $572,000 - $614,000

4 Beds
4 Baths
4,000-4,499 Sq Ft
$131/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $520,000 $116 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,560/month

Highlights

  • Two Primary Bedrooms
  • Updated Kitchen
  • French Architecture
  • Gated Community
  • Community Lake
  • 3-minute walk to Holmes Park

About This Home

As of September 2021

Located in The Vinings gated community, this home offers a private and luxurious lifestyle. The chef's kitchen is appointed with an oversized island, stainless steel appliances, granite countertops, double oven and gas range. Inviting living room with 10' ceilings and double-sided gas fireplace. Spacious master bedroom with lavish ensuite. The private backyard offers a cozy covered patio and stone fire pit with welcoming sitting area. Just minutes to 385 and top private schools in Memphis.

Last Agent to Sell the Property

Meredith Vezina

Keller Williams License #340765 Listed on: 08/18/2021

Keller Williams

Co-Listed By

John Moore

Keller Williams License #338713

Last Buyer's Agent

Leslie Zarshenas

Crye-Leike, Inc., REALTORS License #328479

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,627

Year Built

  • Built in 2006

Lot Details

  • 10,454 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • French Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,000-4,499 Sq Ft Home
  • 4,112 Sq Ft Home
  • 1.5-Story Property
  • Central Vacuum
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Storage Room
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 081027 B00036

Community Details

Overview

  • Orchards At Kirby Parkway East Pd Ph 1 Subdivision
  • Mandatory home owners association
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,627

Year Built

Built in 2006

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: French
  • Detached Unit Type: General Residential
  • MLS Map #: 783E
  • MAAR Subdivision Name: ORCHARDS AT KIRBY PARKWAY EAST PH1
  • List Price Per Sq Ft: 128
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 126.46
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4112
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Office
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Two Primaries, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 4000-4499
  • Bedroom 2 Description: Hardwood Floor, Level 1, Smooth Ceiling
  • Bedroom 3 Description: Carpet, Level 2, Private Full Bath, Walk-In Closet
  • Bedroom 4 Description: Carpet, Shared Bath, Level 2, Walk-In Closet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Vented Gas Fireplace, In Living Room, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 4
  • Equipment: Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Central Vacuum
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall
  • Total Bathrooms: 4
  • Primary Bathroom Description: Double Sinks, Smooth Ceiling, Separate Shower, Tile Floor, Whirlpool Tub
  • P R I M A R Y B E D R O O M: Full Bath, Hardwood Floor, Level 1, Smooth Ceiling, Walk-In Closet

Exterior Features

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

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, More than 3 Coverd Spaces, Storage Room(s), Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Ceiling Fan(s), Central
  • Heating: Central, Gas
  • Water Sewer: Public Sewer, Public Water

Association/Amenities

  • Annual Association Fee: 1500
  • Neighborhood Amenities: Gated Neighborhood, Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: 36
  • Acreage: 0.24
  • Lot Size: 67.67 X 133.72 (IRR)
  • Price Per Acre: 2187500

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 081027 B00036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Sep 23, 2021
Sold by
Lanjewar Sonali Dhaneshwar and Meshram Ashaya
Bought by
Mccaffrey Michael and Mccaffrey Nour
Seller's Agent
Meredith Vezina
Keller Williams
Buyer's Agent
Leslie Zarshenas
Crye-Leike, Inc., REALTORS
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Current Estimated Value
$588,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,061
Avg. Annual Appreciation
2.79%
Original Mortgage
$494,000
Outstanding Balance
$453,404
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$126,495

Purchase Details

Listed on
Nov 8, 2018
Closed on
Dec 21, 2018
Sold by
Rajaiemi Kari and Rajaiemi Donna M
Bought by
Lanjewar Sonali Dhaneshwar and Meshram Ashaya
Seller's Agent
Betty Carter
Crye-Leike, Inc., REALTORS
Buyer's Agent
Garnette Sephens
REMAX Experts
List Price
$424,900
Sold Price
$425,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$382,500
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 9, 2016
Closed on
Feb 17, 2017
Sold by
Hall Kenneth A
Bought by
Rajanlemi Kari and Rajaniemi Donna M
Seller's Agent
Carol Iverson
Crye-Leike, Inc., REALTORS
Buyer's Agent
Amy Bennett
Keller Williams
List Price
$377,000
Sold Price
$361,500
Premium/Discount to List
-$15,500
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$343,425
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Hall Kenneth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,350
Interest Rate
4.25%
Mortgage Type
VA

Purchase Details

Closed on
Jan 15, 2009
Sold by
Smith Ollie
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 11, 2006
Sold by
Boyington Studdard General Partnership
Bought by
Smith Ollie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,600
Interest Rate
7.79%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 18, 2005
Sold by
Greenbrier Partners Llc
Bought by
Boyington Studdard General Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,000
Interest Rate
5.74%
Mortgage Type
Construction
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
Mccaffrey Michael $520,000 Home Surety T&E Llc
Lanjewar Sonali Dhaneshwar $425,000 Realty Title
Rajanlemi Kari $361,500 Realty Title
Hall Kenneth A $345,000 First National Financial Tit
Deutsche Bank National Trust Company $346,431 None Available
Smith Ollie $492,000 Title Assurance & Escrow Inc
Boyington Studdard General Partnership $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccaffrey Michael $494,000
Previous Owner Lanjewar Sonall Dhaneshwar $377,200
Previous Owner Lanjewar Sonali Dhaneshwar $382,500
Previous Owner Rajanlemi Kari $343,425
Previous Owner Hall Kenneth A $345,950
Previous Owner Hall Kenneth A $356,350
Previous Owner Smith Ollie $393,600
Previous Owner Smith Ollie $98,400
Previous Owner Boyington Studdard General Partnership $756,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2021 09/29/21 Sold $520,000 -1.0% $130 / Sq Ft
08/18/2021 08/18/21 For Sale $525,000 +23.5% $131 / Sq Ft
12/21/2018 12/21/18 Sold $425,000 0.0% $106 / Sq Ft
12/08/2018 12/08/18 Price Changed $425,000 0.0% $106 / Sq Ft
11/10/2018 11/10/18 Pending -- -- --
11/08/2018 11/08/18 For Sale $424,900 +17.5% $106 / Sq Ft
02/17/2017 02/17/17 Sold $361,500 -4.1% $90 / Sq Ft
12/29/2016 12/29/16 Pending -- -- --
12/09/2016 12/09/16 For Sale $377,000 -- $94 / 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 $3,627 $158,725 $18,725 $140,000
2024 $3,627 $107,000 $18,725 $88,275
2023 $6,518 $107,000 $18,725 $88,275
2022 $6,518 $107,000 $18,725 $88,275
2021 $2,903 $107,000 $18,725 $88,275
2020 $7,001 $96,625 $16,400 $80,225
2019 $3,088 $96,625 $16,400 $80,225
2018 $3,088 $96,625 $16,400 $80,225
2017 $3,161 $96,625 $16,400 $80,225
2016 $3,732 $85,400 $0 $0
2014 $3,732 $85,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10106697

Memphis Area Association of REALTORS®

APN: 08-1027-B0-0036