NOT LISTED FOR SALE

2485 Allelon Cir E Germantown, TN 38138

Shady Grove Neighborhood

Estimated Value: $1,533,000

5 Beds
4.5 Baths
5,000-5,499 Sq Ft
$279/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $1,100,000 $200 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $8,522/month

56 Days on Market

Highlights

  • New Construction
  • Gated Community
  • Bonus Room with Fireplace
  • Riverdale Elementary School Rated A
  • Landscaped Professionally
  • Vaulted Ceiling

About This Home

As of January 2023

Brand New Home in Sought After Gated "Allelon Subdivision" in Germantown. Well-Built By Griffin Elkington Feat. Open Plan & Desired Finishes To Fit Today's Modern Lifestyle. All Hardwood Floors Down & Premier Brass Lighting. Chef's Kitchen w/White Vein Quartz Tops, Built In 70in Refrig. & Wood Vent-hood. Exquisite Marble Primary BA w/4 Head Rain-Shower & Sep. Closets. Open, Coffered Great Rm Leads to Fab. Cover"d Porch w/FP. 3 Car Garage, Friends Entrance. Primary +2nd BR Down. Awesome Price!

Last Agent to Sell the Property

Laura Sherman

River City Land Co., LLC License #291637 Listed on: 10/29/2022

Co-Listed By

Griffin Elkington

River City Land Co., LLC License #299234

Last Buyer's Agent

Barbie Dan

Ware Jones, REALTORS License #248919

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,253

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Wood Fence
  • Landscaped Professionally
  • Level Lot
  • Sprinklers on Timer

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 5,000-5,499 Sq Ft Home
  • 5,093 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room with Fireplace
  • 2 Fireplaces
  • Play Room
  • Laundry Room
  • Attic

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Dressing Area
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

Overview

  • Allelom Subdivision
  • Mandatory Home Owners Association

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,253

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Allelon Circle
  • MLS Map #: 861C
  • MAAR Subdivision Name: Allelon
  • List Price Per Sq Ft: 233
  • Number Of Stories: 2
  • Price Per Sq Ft: 215.98
  • Prop Construction Status: New Construction (Never Occupied)
  • Estimated Sq Ft: 5093
  • Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1/2 Bath, 2 or More Baths, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room, Bonus Room
  • Additional Bedroom Bathroom Info: Primary Down, Vaulted/Coffered Primary, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 5000-5499
  • Bedroom 2 Description: Level 1, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 2, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: In Den/Great Room, In Other Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Marble/Terrazzo, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen
  • Misc Interior: Walk-In Closet(s), Walk-In Attic, Mud Room, Security System
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Play Room, Bonus Room, Entry Hall, Attic
  • Total Bathrooms: 4.1
  • Primary Bathroom Description: Double Sinks, Separate Shower, Dressing Area, Vaulted/Coffered Ceiling, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Porch, Covered Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: More than 3 Coverd Spaces, Garage Door Opener(s), Side-Load Garage, Gate Clickers

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Security: Burglar Alarm, Smoke Detector(s)
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Neighborhood Amenities: Gated Neighborhood
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Professionally Landscaped, Wood Fenced
  • Lot Number: 48
  • Lot Size: .30

Multi Family

  • Number Of Rooms: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2022
Closed on
Jan 12, 2023
Sold by
Griffin Elkington Investments Llc
Bought by
Barelski Adam M and Leonard Alexis K
Seller's Agent
Laura Sherman
River City Land Co., LLC
Buyer's Agent
Barbie Dan
Ware Jones, REALTORS
List Price
$1,199,000
Sold Price
$1,100,000
Premium/Discount to List
-$99,000
-8.26%
Views
33
Current Estimated Value
$1,533,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,000
Avg. Annual Appreciation
9.30%
Original Mortgage
$770,000
Outstanding Balance
$742,008
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$653,992
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
Barelski Adam M $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barelski Adam M $770,000
Previous Owner Griffin Elkington Investments $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2023 01/12/23 Sold $1,100,000 -7.5% $220 / Sq Ft
12/24/2022 12/24/22 Pending -- -- --
12/06/2022 12/06/22 Price Changed $1,189,000 -0.1% $238 / Sq Ft
11/28/2022 11/28/22 Price Changed $1,190,000 -0.4% $238 / Sq Ft
11/14/2022 11/14/22 Price Changed $1,195,000 -0.3% $239 / Sq Ft
10/29/2022 10/29/22 For Sale $1,199,000 +489.2% $240 / Sq Ft
10/04/2021 10/04/21 Sold $203,500 0.0% --
08/18/2021 08/18/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $203,500 -- --
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 $4,253 $319,650 $57,000 $262,650
2024 $4,253 $231,375 $46,800 $184,575
2023 $12,097 $231,375 $46,800 $184,575
2022 $2,370 $46,800 $46,800 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Laura Sherman

    River City Land Co., LLC

    (901) 356-2626

    1 in this area

    43 Total Sales

    Laura Sherman
    Section Image

  • G

    Seller Co-Listing Agent in 2023

    Griffin Elkington

    River City Land Co., LLC

    1 in this area

    28 Total Sales

    Griffin Elkington
    Section Image
  • Barbie Dan

    Buyer's Agent in 2023

    Barbie Dan

    Ware Jones, REALTORS

    (901) 335-7745

    8 in this area

    229 Total Sales

    Barbie Dan
    Section Image
  • Gary Thompson

    Seller's Agent in 2021

    Gary Thompson

    Boyle Investment Company

    (901) 766-4246

    16 in this area

    59 Total Sales

    Gary Thompson
    Section Image

  • J

    Buyer's Agent in 2021

    Justin Reed

    River City Land Co., LLC

    (901) 395-4384

    1 in this area

    60 Total Sales

    Justin Reed
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10136690

Memphis Area Association of REALTORS®

APN: G0-230Q-M0-0022

Tennessee Shelby County Germantown 38138 Shady Grove

2485 Allelon Cir E, Germantown, TN

This home is located at 2485 Allelon Cir E, Germantown, TN 38138 since 29 October 2022 and is currently estimated at $1,533,000, approximately $278 per square foot. This property was built in 2022. 2485 Allelon Cir E is a home located in Shelby County with nearby schools including Riverdale Elementary School, Houston High School, and Hutchison School.

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