NOT LISTED FOR SALE

2523 Mimosa Tree Dr Germantown, TN 38138

Estimated Value: $366,000 - $414,000

5 Beds
3 Baths
3,022 Sq Ft
$131/Sq Ft Est. Value

Last Sold May 23, 2019

Last sale price $279,000 $92 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,322/month

Highlights

  • Two Primary Bedrooms
  • Updated Kitchen
  • Traditional Architecture
  • Riverdale Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of May 2019

Spacious 4/5 bedroom (one down) 3 bath home with LR, DR, and den. Some hardwood, updated kitchen with granite and stainless gas stove. Oversize laundry room with built in desk. Bonus room could be 5th bedroom. Great closet space. Fenced yard with cool deck for entertaining. Convenient Germantown location.

Last Agent to Sell the Property

Pamela Watson

Crye-Leike, Inc., REALTORS License #19004 Listed on: 03/08/2019

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Tammy Davis

Coldwell Banker Collins-Maury License #345466

Coldwell Banker Collins-Maury

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,898

Year Built

  • Built in 1970

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 90 x 135
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 3,022 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary bedroom located on second floor
  • Double Master Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Additional Features

  • Deck
  • Central Heating and Cooling System

Community Details

  • Mimosa Gardens Rev Blk B Subdivision

Listing and Financial Details

  • Assessor Parcel Number G0230Q D00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,898

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 861C
  • MAAR Subdivision Name: MIMOSA GARDENS BLK B
  • List Price Per Sq Ft: 95
  • Number Of Stories: 2
  • Price Per Sq Ft: 92.32
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3022
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, 1 Bath, Laundry Room
  • Second Story Floor Plan: Primary Bedroom, 4th or More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: Two Primaries
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Tile
  • Full Bathrooms: 3
  • Equipment: Gas Cooking, Disposal, Dishwasher
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room
  • Total Bathrooms: 3

Exterior Features

  • Misc Exterior: Deck
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 62
  • Acreage: 0.27
  • Lot Size: 90 X 135
  • Price Per Acre: 1058889

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: G0230Q D00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2019
Closed on
May 23, 2019
Sold by
Collums Ligon Carrie and Ligon Hunter Stephen
Bought by
Calhoun Robert and Calhoun Michelle
Seller's Agent
Pamela Watson
Crye-Leike, Inc., REALTORS
Buyer's Agent
Tammy Davis
Coldwell Banker Collins-Maury
List Price
$319,900
Sold Price
$279,000
Premium/Discount to List
-$40,900
-12.79%
Current Estimated Value
$396,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,661
Avg. Annual Appreciation
5.62%
Original Mortgage
$284,998
Outstanding Balance
$250,062
Interest Rate
4.1%
Mortgage Type
VA
Estimated Equity
$146,599

Purchase Details

Closed on
Jun 28, 1996
Sold by
Smart Rachel Shanks
Bought by
Ligon Joe David and Ligon Carrie Collums

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

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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
Calhoun Robert $279,000 Realty Title
Ligon Joe David $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calhoun Robert $284,998
Previous Owner Ligon Joe David $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2019 05/23/19 Sold $279,000 -2.4% $92 / Sq Ft
03/31/2019 03/31/19 Price Changed $285,900 -4.3% $95 / Sq Ft
03/14/2019 03/14/19 Price Changed $298,900 -6.6% $99 / Sq Ft
03/08/2019 03/08/19 For Sale $319,900 -- $106 / 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 $2,898 $102,375 $16,250 $86,125
2024 $2,898 $85,475 $8,750 $76,725
2023 $4,469 $85,475 $8,750 $76,725
2022 $2,898 $85,475 $8,750 $76,725
2021 $4,445 $85,475 $8,750 $76,725
2020 $4,124 $68,725 $8,750 $59,975
2019 $2,784 $68,750 $8,750 $60,000
2018 $2,784 $68,750 $8,750 $60,000
2017 $2,826 $68,750 $8,750 $60,000
2016 $2,336 $53,450 $0 $0
2014 $2,336 $53,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pamela Watson

    Seller's Agent in 2019

    Pamela Watson

    Crye-Leike

    (901) 870-8884

    21 in this area

    69 Total Sales

    Pamela Watson
    Section Image
  • Tammy Davis

    Buyer's Agent in 2019

    Tammy Davis

    Coldwell Banker Collins-Maury

    (901) 626-6674

    45 in this area

    141 Total Sales

    Tammy Davis
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10047611

Memphis Area Association of REALTORS®

APN: G0-230Q-D0-0016

Tennessee Shelby County Germantown 38138

2523 Mimosa Tree Dr, Germantown, TN

This home is located at 2523 Mimosa Tree Dr, Germantown, TN 38138 since 08 March 2019 and is currently estimated at $396,661, approximately $131 per square foot. This property was built in 1970. 2523 Mimosa Tree 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.

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