NOT LISTED FOR SALE

2550 Cairn Ridge Cove Germantown, TN 38139

Estimated Value: $740,000 - $819,000

5 Beds
6 Baths
5,000-5,499 Sq Ft
$143/Sq Ft Est. Value

Last Sold July 31, 2012

Last sale price $375,000 $68 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,733/month

47 Days on Market

Highlights

  • In Ground Pool
  • Two Primary Bedrooms
  • Fireplace in Primary Bedroom
  • Dogwood Elementary School Rated A
  • Updated Kitchen
  • Deck

About This Home

As of July 2012

Great Space- 3 Master Bedrooms.2 1/2 baths. Master down w/FP-granite kitchen w/gas cooking. Open floorplan.Beautiful deck, &wooded setting-huge bonus up-pool to be uncovered May 29th-Desirable G'town neighborhood.

Last Agent to Sell the Property

Carol Stout

Ware Jones, REALTORS License #318813 Listed on: 05/27/2012

Ware Jones, REALTORS

Co-Listed By

Megan Stout

Crye-Leike, Inc., REALTORS License #323447

Last Buyer's Agent

Jovett Thomas

Crye-Leike, Inc., REALTORS License #272783

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,372

Year Built

  • Built in 1987

Lot Details

  • 0.4 Acre Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 5,000-5,499 Sq Ft Home
  • 5,334 Sq Ft Home
  • 1.5-Story Property
  • Double Pane Windows
  • Dining Room
  • Den with Fireplace
  • 2 Fireplaces
  • Loft
  • Bonus Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Split Bedroom Floorplan

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas

Community Details

  • Woodlands Of Forest Hill Sec C 2 Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number G0231K E00026

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,372

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 862F
  • MAAR Subdivision Name: WOODLANDS OF FOREST HILL SEC C
  • Corporate Own: Yes
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 70.3
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 5334
  • Year Built: 1987
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Primary Down, Two Primaries, Split Bedroom Plan
  • Estimated Heated Sq Ft Range: 5000-5499
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: In Den/Great Room, In Primary Bedroom
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Living Dining Kitchen: Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry
  • Number Of Fireplaces: 2
  • Other Rooms: Bonus Room, Loft/Balcony
  • Total Bathrooms: 4.2
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Patio, Deck
  • Exterior Windows: Double Pane Window(s)
  • Pool Description: In Ground

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central, Gas, 3 or More Systems

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 328
  • Acreage: 0.4
  • Lot Size: .403AC 50.71/209.72X138.77/184.98

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: G0231K E00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2012
Closed on
Jul 27, 2012
Sold by
Regions Bank
Bought by
Draper William M and Draper Marcie S
Seller's Agent
Carol Stout
Ware Jones, REALTORS
Buyer's Agent
Jovett Thomas
Crye-Leike, Inc., REALTORS
List Price
$404,900
Sold Price
$375,000
Premium/Discount to List
-$29,900
-7.38%
Current Estimated Value
$787,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,909
Avg. Annual Appreciation
5.83%
Original Mortgage
$300,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2012
Sold by
Munn Thomas S and Munn Sandra J
Bought by
Regions Bank

Purchase Details

Closed on
Jul 24, 2001
Sold by
Richardson Dana B and Richardson Elizabeth C
Bought by
Munn Sandra J

Purchase Details

Closed on
Mar 21, 2001
Sold by
Sartain J Peter
Bought by
Richardson Dana B and Richardson Elizabeth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.11%

Purchase Details

Closed on
Sep 1, 2000
Sold by
The Robert D Keene Revocable Trust
Bought by
Sartain J Peter and Roman Catholic Diocese Of Little Rock

Purchase Details

Closed on
Aug 19, 1999
Sold by
Keene Donald W and Keene Debra J
Bought by
Keene Robert D and Keene Theresa W
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
Draper William M $375,000 Multiple
Regions Bank $382,400 None Available
Munn Sandra J $340,000 --
Richardson Dana B $200,000 --
Sartain J Peter $425,000 --
Keene Robert D -- Memphis Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Draper Marcie $330,000
Closed Draper William M $300,000
Previous Owner Munn Thomas S $550,000
Previous Owner Munn Thomas S $110,000
Previous Owner Munn Thomas S $340,000
Previous Owner Richardson Dana B $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2012 07/31/12 Sold $375,000 -7.4% $75 / Sq Ft
07/13/2012 07/13/12 Pending -- -- --
05/27/2012 05/27/12 For Sale $404,900 -- $81 / 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 $5,372 $204,150 $25,525 $178,625
2024 $5,372 $158,475 $14,975 $143,500
2023 $8,285 $158,475 $14,975 $143,500
2022 $8,024 $158,475 $14,975 $143,500
2021 $8,127 $158,475 $14,975 $143,500
2020 $7,803 $130,050 $14,975 $115,075
2019 $5,267 $130,050 $14,975 $115,075
2018 $5,267 $130,050 $14,975 $115,075
2017 $5,627 $136,900 $14,975 $121,925
2016 $5,043 $115,400 $0 $0
2014 $5,043 $115,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carol Stout

    Seller's Agent in 2012

    Carol Stout

    Ware Jones, REALTORS

    (901) 652-4517

    2 in this area

    28 Total Sales

    Carol Stout
    Section Image

  • M

    Seller Co-Listing Agent in 2012

    Megan Stout

    Crye-Leike

    Section Image

  • J

    Buyer's Agent in 2012

    Jovett Thomas

    Crye-Leike

    (901) 857-0914

    20 Total Sales

    Jovett Thomas
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3248352

Memphis Area Association of REALTORS®

APN: G0-231K-E0-0026

Tennessee Shelby County Germantown 38139

2550 Cairn Ridge Cove, Germantown, TN

This home is located at 2550 Cairn Ridge Cove, Germantown, TN 38139 since 27 May 2012 and is currently estimated at $787,909, approximately $143 per square foot. This property was built in 1987. 2550 Cairn Ridge Cove is a home located in Shelby County with nearby schools including Dogwood Elementary School, Houston Middle School, and Houston High School.

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