NOT LISTED FOR SALE

2696 Lockesley Cove S Germantown, TN 38139

Estimated Value: $1,273,000 - $1,437,670

4 Beds
5.5 Baths
7,000-7,999 Sq Ft
$171/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $1,125,000 $141 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $8,397/month

233 Days on Market

Highlights

  • Home Theater
  • In Ground Pool
  • Two Primary Bedrooms
  • Dogwood Elementary School Rated A
  • Gated Parking
  • Updated Kitchen

About This Home

As of March 2023

This home is located at 2696 Lockesley Cove S, Germantown, TN 38139 since 29 June 2022 and is currently estimated at $1,369,918, approximately $195 per square foot. This property was built in 1994. 2696 Lockesley Cove S is a home located in Shelby County with nearby schools including Dogwood Elementary School, Houston Middle School, and Houston High School.

Last Agent to Sell the Property

Max Hamidi

Sperry CGA, The Magellan Group License #269182 Listed on: 06/29/2022

Last Buyer's Agent

Farris Ibrahim

Renshaw Company, REALTORS License #338563

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,376

Year Built

  • Built in 1994

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 112x264
  • Wood Fence
  • Brick Fence
  • Landscaped Professionally
  • Level Lot
  • Few Trees

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Soft Contemporary Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Synthetic Stucco Exterior

Interior Spaces

  • 7,000-7,999 Sq Ft Home
  • 7,170 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Vaulted Ceiling
  • 4 Fireplaces
  • Fireplace With Gas Starter
  • Fireplace in Hearth Room
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Play Room
  • Keeping Room
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Dressing Area
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Monitored
  • Security Gate
  • Intercom

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Gated Parking

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Cove
  • Covered patio or porch

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Highlands The Sec C Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number G0232I A00038

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,376

Year Built

Built in 1994

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Soft Contemporary
  • Detached Unit Type: General Residential
  • Cross Street: FOX HILL
  • MLS Map #: 863B
  • MAAR Subdivision Name: HIGHLANDS (THE) SEC C
  • List Price Per Sq Ft: 169
  • Number Of Stories: 2
  • Price Per Sq Ft: 156.9
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 7170
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Play Room/Recreation Room, Laundry Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Two Primaries, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 7000 - 7999
  • Bedroom 2 Description: Level 1, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Private Full Bath, Tile Floor
  • Bedroom 4 Description: Level 2, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: In Primary Bedroom, In Keeping/Hearth room, Gas Starter
  • Floors/Ceilings: Hardwood Throughout, Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Trash Compactor, Refrigerator, Intercom, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Attic Access, Walk-In Attic
  • Number Of Fireplaces: 4
  • Other Rooms: Laundry Room, Library/Study, Play Room, Office/Sewing Room, Entry Hall, Media Room, Attic
  • Total Bathrooms: 5.1
  • Primary Bathroom Description: Double Sinks, Dressing Area, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Vaulted/Coffered Ceiling, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Pool Cleaning Equipment, Patio, Covered Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Synthetic Stucco, Aluminum Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Circular Drive, Garage Door Opener(s), Side-Load Garage, Gated Parking

Utilities

  • Cooling: Central, 3 or More Systems
  • Heating: Central, Gas, 3 or More Systems
  • Security: Burglar Alarm, Monitored Alarm System, Security Gate, Dead Bolt Lock(s), Closed Circuit TV
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water

Association/Amenities

  • Annual Association Fee: 120
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Cove, Professionally Landscaped, Wood Fenced, Brick/Stone Fenced, Brick/Iron Fenced
  • Lot Number: 145
  • Acreage: 2
  • Keeping Hearth Dimension: 18X15
  • Lot Size: 112X264
  • Price Per Acre: 607500

Multi Family

  • Number Of Rooms: 14

Tax Info

  • Assessor Parcel Number: G0232I A00038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Mar 16, 2023
Sold by
Abesi Mehdi and Abesi Fatemeh
Bought by
Ibrahim Salemeh
Seller's Agent
Max Hamidi
Sperry CGA, The Magellan Group
Buyer's Agent
Farris Ibrahim
Renshaw Company, REALTORS
List Price
$1,645,000
Sold Price
$1,125,000
Premium/Discount to List
-$520,000
-31.61%
Total Days on Market
233
Views
92
Current Estimated Value
$1,369,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,918
Avg. Annual Appreciation
9.32%
Original Mortgage
$900,000
Outstanding Balance
$872,282
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$497,636

Purchase Details

Listed on
Mar 15, 2015
Closed on
Oct 20, 2015
Sold by
Zhou Erxin and Kong Yifan
Bought by
Abesi Mehdi and Golesorkhi Fatemeh
Seller's Agent
Alta Simpson
Marx-Bensdorf, REALTORS
Buyer's Agent
Max Hamidi
Sperry CGA, The Magellan Group
List Price
$925,000
Sold Price
$850,000
Premium/Discount to List
-$75,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%
Original Mortgage
$680,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 27, 2009
Sold by
Newell Charles D and Newell Deborah W
Bought by
Zhou Erxin and Kong Yifan

Purchase Details

Closed on
May 22, 2003
Sold by
Kelley John C and Kelley Nancy P
Bought by
Newell Charles D and Newell Deborah W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
5.81%
Mortgage Type
Balloon
Source: Public Records

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Range of Values:

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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
Ibrahim Salemeh $1,125,000 Medlock Title And Escrow
Abesi Mehdi $850,000 Attorney
Zhou Erxin $950,000 None Available
Newell Charles D $795,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ibrahim Salemeh $900,000
Previous Owner Abesi Mehdi $680,000
Previous Owner Newell Charles D $318,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2023 03/20/23 Sold $1,125,000 -13.1% $161 / Sq Ft
10/20/2022 10/20/22 Price Changed $1,294,000 -0.1% $185 / Sq Ft
10/01/2022 10/01/22 Price Changed $1,295,000 -13.4% $185 / Sq Ft
08/03/2022 08/03/22 Price Changed $1,495,000 -9.1% $214 / Sq Ft
06/29/2022 06/29/22 For Sale $1,645,000 +93.5% $235 / Sq Ft
10/20/2015 10/20/15 Sold $850,000 -8.1% $121 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
03/15/2015 03/15/15 For Sale $925,000 -- $132 / 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 $8,376 $311,875 $73,875 $238,000
2024 $8,376 $247,075 $60,650 $186,425
2023 $12,918 $247,075 $60,650 $186,425
2022 $12,510 $247,075 $60,650 $186,425
2021 $8,670 $247,075 $60,650 $186,425
2020 $13,194 $219,900 $60,650 $159,250
2019 $8,906 $219,900 $60,650 $159,250
2018 $8,906 $219,900 $60,650 $159,250
2017 $9,038 $219,900 $60,650 $159,250
2016 $9,376 $214,550 $0 $0
2014 $9,376 $214,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10127743

Memphis Area Association of REALTORS®

APN: G0-232I-A0-0038