NOT LISTED FOR SALE

25 North Lake Rd Piperton, TN 38017

Estimated Value: $1,140,000 - $1,161,965

5 Beds
5.5 Baths
6,197 Sq Ft
$186/Sq Ft Est. Value

Last Sold January 02, 2018

Last sale price $815,000 $132 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,639/month

96 Days on Market

Highlights

  • Multiple cooling system units
  • 4 Car Garage
  • Heat Pump System

About This Home

As of January 2018

Incredible opportunity to own a truly custom designed and built luxury home in Twin Lakes Subdivision, just minutes from downtown Collierville. This beautiful home features gourmet kitchen, open to the family/hearth room with stacked stone fireplace, vaulted ceiling and wood beams. This 5 bedroom 5.5 bath home has 2 master suites with jetted tubs, showers, custom closets. Don't miss all the extras this home offers. Attached document has a list of special features this home offers.

Last Agent to Sell the Property

Jerry Couch

Century 21 Prestige Listed on: 09/29/2017

Last Buyer's Agent

NON MEMBER

RE/MAX LEGACY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,900

Year Built

  • Built in 2008

Lot Details

  • 0.61

Parking

  • 4 Car Garage
  • Side Facing Garage

Home Design

  • 6,197 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Fayette County Elementary And Middle School
  • Fayette County High School

Utilities

  • Multiple cooling system units
  • Heat Pump System

Community Details

  • Twin Lakes Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,900

Year Built

Built in 2008

Lot Details

0

Parking

4

Listing Details

  • Lot Size: 26,451 SQ FT
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 2008
  • Subdivision Name: Twin Lakes
  • Directions: From Collierville take HWY 57 east to Piperon TN, left on Ballard Rd, left on Twin Lakes Rd, right on Loyde Lane, home is on the corner of Loyde Lane
  • Garage Yn: Yes
  • New Construction: No
  • General Property Information:New Construction: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • ResoLivingAreaSource: Appraiser
  • General Property Information:Bathrooms Half: 1

Exterior Features

  • Disclosures: None

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Garage Faces Side
  • Attached Garage: No
  • Parking Features:Garage2: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 4.0

Utilities

  • Cooling: Multi Units
  • Heating: Heat Pump, Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Other18: Yes

Schools

  • Elementary School: Fayette County
  • High School: Fayette County
  • Middle Or Junior School: Fayette County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2018
Sold by
Wheeler Jerry A and Wheeler Karl D
Bought by
Rachel Summerville James and Rachel Summervilel
Current Estimated Value
$1,153,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 29, 2017
Closed on
Jan 2, 2018
Sold by
Baker Steven R and Baker Judith E
Bought by
Wheeler Jerry A and Wheeler Kari D
Seller's Agent
Jerry Couch
Century 21 Prestige
Buyer's Agent
NON MEMBER
RE/MAX LEGACY
List Price
$835,000
Sold Price
$815,000
Premium/Discount to List
-$20,000
-2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%
Original Mortgage
$437,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2008
Bought by
Baker Steven R and Baker Judith E

Purchase Details

Closed on
Apr 24, 2008
Sold by
Twin Lakes Joint Venture
Bought by
Hager Homes Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rachel Summerville James $815,000 Realty Title
Wheeler Jerry A $815,000 None Available
Baker Steven R $95,400 --
Hager Homes Inc $95,357 --
Hager Homes Inc $95,357 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summerville James $548,000
Closed Rachel Summerville James $652,000
Previous Owner Wheeler Jerry A $437,000
Previous Owner Wheeler Jerry A $215,000
Previous Owner Baker Steven R $402,900
Previous Owner Baker Steven R $110,000
Previous Owner Baker Steven R $95,357
Previous Owner Baker Steven R $416,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2018 01/02/18 Sold $815,000 -2.4% $132 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
08/10/2017 08/10/17 For Sale $835,000 -- $135 / Sq Ft
Source: MLS United

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
2024 $5,900 $228,400 $23,125 $205,275
2023 $5,900 $228,400 $0 $0
2022 $3,386 $210,450 $23,125 $187,325
2021 $3,386 $210,450 $23,125 $187,325
2020 $3,247 $210,450 $23,125 $187,325
2019 $3,247 $172,450 $23,125 $149,325
2018 $3,247 $172,450 $23,125 $149,325
2017 $3,247 $172,450 $23,125 $149,325
2016 $3,275 $162,650 $21,250 $141,400
2015 $3,275 $162,650 $21,250 $141,400
2014 $3,275 $162,650 $21,250 $141,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS United

MLS Number: 2311724

MLS United

APN: 164E-A-063.00