NOT LISTED FOR SALE

2505 Cedarwood Dr Germantown, TN 38138

Estimated Value: $435,589 - $563,000

4 Beds
2 Baths
2,400-2,599 Sq Ft
$188/Sq Ft Est. Value

Last Sold February 27, 2018

Last sale price $322,500 $124 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,808/month

31 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • 1 Fireplace
  • Riverdale Elementary School Rated A
  • Attic
  • 4-minute walk to Howard McVay Park

About This Home

As of February 2018

This home is located at 2505 Cedarwood Dr, Germantown, TN 38138 since 02 January 2018 and is currently estimated at $489,647, approximately $204 per square foot. This property was built in 1976. 2505 Cedarwood Dr is a home located in Shelby County with nearby schools including Riverdale Elementary School, Houston High School, and Our Lady of Perpetual Help Catholic School.

Last Agent to Sell the Property

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE Listed on: 01/02/2018

Last Buyer's Agent

Cathy Ivey

Enterprise, REALTORS License #294955

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,882

Year Built

  • Built in 1976

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 110 x 142
  • Wood Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 3,116 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Great Room
  • Dining Room
  • Attic Access Panel

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Side Facing Garage

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • The Oaks Of Germantown Sec A Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number G0230P D00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,882

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 861C
  • MAAR Subdivision Name: OAKS OF GERMANTOWN (THE) SEC A
  • List Price Per Sq Ft: 103
  • Number Of Stories: 1
  • Price Per Sq Ft: 103.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3116
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Level 2
  • Bedroom 3 Description: Level 2
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Carpet
  • Full Bathrooms: 2
  • Equipment: Disposal, Dishwasher
  • Living Dining Kitchen: Great Room
  • Misc Interior: Attic Access
  • Number Of Fireplaces: 1
  • Other Rooms: Attic
  • Total Bathrooms: 2
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Patio, Wood Fence
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Gas Water Heater

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 27
  • Acreage: 0.35
  • Lot Size: 110 X 142
  • Price Per Acre: 921429

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: G0230P D00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2018
Closed on
Feb 27, 2018
Sold by
Mclaughlin Billy R
Bought by
Sanders Andrew J and Sanders Jennifer
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Cathy Ivey
Enterprise, REALTORS
List Price
$322,500
Sold Price
$322,500
Current Estimated Value
$489,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,147
Avg. Annual Appreciation
5.60%
Original Mortgage
$227,500
Outstanding Balance
$130,824
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$358,823

Purchase Details

Closed on
May 18, 2017
Sold by
Mclaughlin Billy R and Mclaughlin Martha C
Bought by
Mclaughlin Billy R and Billy R Mclaughlin Revocble Trsut

Purchase Details

Closed on
Mar 17, 1998
Sold by
Mclaughlin Billy R and Mclaughlin Martha C
Bought by
Mclaughlin Billy R and Mclaughlin Martha C
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
Sanders Andrew J $322,500 None Available
Mclaughlin Billy R -- None Available
Mclaughlin Billy R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Andrew J $227,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2018 02/27/18 Sold $322,500 0.0% $134 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $322,500 -- $134 / 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 $2,882 $112,875 $23,000 $89,875
2024 $2,882 $85,025 $13,875 $71,150
2023 $4,445 $85,025 $13,875 $71,150
2022 $4,305 $85,025 $13,875 $71,150
2021 $4,360 $85,025 $13,875 $71,150
2020 $3,380 $56,325 $13,875 $42,450
2019 $2,281 $56,325 $13,875 $42,450
2018 $2,281 $56,325 $13,875 $42,450
2017 $2,315 $56,325 $13,875 $42,450
2016 $2,454 $56,150 $0 $0
2014 $2,454 $56,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10021623

Memphis Area Association of REALTORS®

APN: G0-230P-D0-0016