NOT LISTED FOR SALE

2505 Ivy Dr Hickory Withe, TN 38028

Estimated Value: $624,000 - $730,559

3 Beds
3 Baths
4,000-4,499 Sq Ft
$152/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $440,000 $98 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,672/month

92 Days on Market

Highlights

  • Water Views
  • Lake On Lot
  • Community Lake
  • Second Kitchen
  • Gated Community
  • Deck

About This Home

As of December 2020

Breathe Taking Property, sitting on 6.59 acres, with a Stocked Lake (Shared) most of lake is on this property. House is built with 6 inch Exterior walls. Oversized rooms, 3 bedrooms, 3 full baths, Large Den, Kitchen & Dining room, for large family's., or too entertain. Island in Kitchen with a large bar. Wine Cellar. Bonus room, has a kitchenette. Sunroom 19x13. Sit on the Balcony, feel the cool breeze as you look at the lake and property. House needs some TLC, GREAT Bones, Selling as is...

Last Agent to Sell the Property

Hattie Davidson Brawley

2 Rivers Realty, LLC License #310015 Listed on: 09/09/2020

Last Buyer's Agent

David Rose

Aubrey Smith, REALTORS License #278783

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 6.59 Acre Lot
  • Landscaped
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Stone Exterior Construction
  • Pier And Beam

Interior Spaces

  • 4,000-4,499 Sq Ft Home
  • 4,448 Sq Ft Home
  • 2-Story Property
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Fireplace Features Blower Fan
  • Some Wood Windows
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Dining Room
  • Den with Fireplace
  • Loft
  • Bonus Room
  • Play Room
  • Sun or Florida Room
  • Water Views
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor

Flooring

  • Partially Carpeted
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Cedar Closet
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Outdoor Features

  • Lake On Lot
  • Balcony
  • Deck
  • Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Vented Exhaust Fan
  • 220 Volts
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 081 081 03000

Community Details

Overview

  • Gresham Lake Subd Subdivision
  • Community Lake

Recreation

  • Recreation Facilities

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: GRESHAM LAKE SUBD
  • List Price Per Sq Ft: 105
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4448
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Master Bedroom, 2 or More Baths, Laundry Room, Sun Room
  • Second Story Floor Plan: Kitchen, 2nd Bedroom, 3rd Bedroom, 1 Bath, Play Room/Rec Room, Office
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Master Down, Double Vanity Bath, Whirlpool(s), Full Bath Down
  • Estimated Heated Sq Ft Range: 4000-4499
  • Bedroom 2 Description: Level 2, Walk-In Closet, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: In Den/Great Room, Blower, Wood Stove Insert
  • Floors/Ceilings: Part Carpet, Marble/Terrazzo, Sprayed Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 3
  • Equipment: Cooktop, Dishwasher, Microwave, Trash Compactor, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Dining Room, Separate Den, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub
  • Master Bedroom: Level 1, Walk-In Closet, Full Bath, Carpet
  • Master Bedroom Dimensions: 22x17
  • Misc Interior: All Window Treatments, Cedar Lined Closet(s), Pull Down Attic Stairs, Mud Room, Cat/Dog Free House, Security System, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Sun Room, Bonus Room, 2nd Kitchen, Entry Hall, Loft/Balcony, Attic

Exterior Features

  • Misc Exterior: Porch, Deck, Balcony
  • Exterior Windows: Wood/Composition, Stone
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3
  • Parking Storage: Circular Drive, More than 3 Coverd Spaces, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central, Electric, Dual System, Wood Stove
  • Water Sewer: Electric Water Heater, Well Water, Septic Tank

Association/Amenities

  • Neighborhood Amenities: Lake, Gated Neighborhood, Recreation Facilities

Lot Info

  • Lot Description: Wooded, Lake/Pond on Property, Water View, Landscaped
  • Lot Number: 9
  • Acreage: 6.59
  • Lot Size: 6.59

Tax Info

  • Assessor Parcel Number: 081 081 03000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Dec 15, 2020
Sold by
Myrick John P and Myrick Cynthia Lee
Bought by
Cash Pamela D and Cash David Wayne
Seller's Agent
Hattie Davidson Brawley
2 Rivers Realty, LLC
Buyer's Agent
David Rose
Aubrey Smith, REALTORS
List Price
$465,000
Sold Price
$440,000
Premium/Discount to List
-$25,000
-5.38%
Current Estimated Value
$685,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,390
Avg. Annual Appreciation
9.10%
Original Mortgage
$418,000
Outstanding Balance
$370,427
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$314,963

Purchase Details

Closed on
Feb 18, 2020
Sold by
Myrick John P
Bought by
Myrick John P and Myrick Cynthia Lee

Purchase Details

Closed on
Jan 20, 2015
Sold by
Myrick John P
Bought by
Myrick John P

Purchase Details

Closed on
Jul 6, 1988
Bought by
Myrick John P and Myrick Billie

Purchase Details

Closed on
Jan 1, 1987
Bought by
Myrick John P

Purchase Details

Closed on
Jan 1, 1986
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Purchase History

Date Buyer Sale Price Title Company
Cash Pamela D $440,000 River Bluff Title Llc
Myrick John P -- None Available
Myrick John P -- --
Myrick John P -- --
Myrick John P -- --
-- $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cash Pamela D $418,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2020 12/21/20 Sold $440,000 -5.4% $110 / Sq Ft
09/09/2020 09/09/20 For Sale $465,000 -- $116 / 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 $1,475 $165,100 $37,025 $128,075
2024 $1,475 $114,200 $24,375 $89,825
2023 $1,475 $114,200 $0 $0
2022 $1,475 $114,200 $24,375 $89,825
2021 $1,475 $114,200 $24,375 $89,825
2020 $1,325 $114,200 $24,375 $89,825
2019 $1,325 $87,900 $24,375 $63,525
2018 $1,325 $87,900 $24,375 $63,525
2017 $1,325 $87,900 $24,375 $63,525
2016 $1,338 $83,325 $24,375 $58,950
2015 $1,338 $83,325 $24,375 $58,950
2014 $1,338 $83,325 $24,375 $58,950
Source: Public Records

Agents Affiliated with this Home

  • D

    Buyer's Agent in 2020

    David Rose

    Aubrey Smith, REALTORS

    (901) 878-9020

    14 Total Sales

    David Rose
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10084570

Memphis Area Association of REALTORS®

APN: 081-030.00

Tennessee Fayette County 38028

2505 Ivy Dr, TN

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® Listing content and images Copyright 2025 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
Some or all of the listings displayed may not belong to the firm whose website is being visited.

Nearby Homes