NOT LISTED FOR SALE

2848 Old Elm Ln Germantown, TN 38138

Estimated Value: $533,000 - $596,000

4 Beds
3 Baths
3,600-3,799 Sq Ft
$147/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $500,000 $132 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,214/month

22 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Main Floor Primary Bedroom
  • Forest Hill Elementary School Rated A
  • Traditional Architecture
  • Attic

About This Home

As of July 2023

Wonderfully located Germantown traditional with well-designed living spaces and plenty of backyard for spring and summertime entertaining. Two bedrooms downstairs, kitchen and sunroom hosts plenty of natural light, light color scheme and s/s appliances. Hardwoods throughout downstairs living spaces, sunroom with pocket doors, built-in shelving in dining room--home has much charm and character.

Last Agent to Sell the Property

Tammy Davis

Coldwell Banker Collins-Maury License #345466 Listed on: 04/27/2023

Coldwell Banker Collins-Maury

Last Buyer's Agent

David Da Ponte

Sowell, Realtors License #278752

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,415

Year Built

  • Built in 1981

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 135x140
  • Wood Fence
  • Landscaped Professionally
  • Sprinklers on Timer
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,600-3,799 Sq Ft Home
  • 3,767 Sq Ft Home
  • 1.5-Story Property
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Some Wood Windows
  • Entrance Foyer
  • Dining Room
  • Den
  • Bonus Room
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Monitored
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • 220 Volts

Community Details

  • Forest Glen Resub Of Lot 54 Subdivision

Listing and Financial Details

  • Assessor Parcel Number G0231 00432

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,415

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 862H
  • MAAR Subdivision Name: FOREST GLEN
  • List Price Per Sq Ft: 132
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 132.73
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3767
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Sun Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Double Vanity Bath, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 3600-3799
  • Bedroom 2 Description: Level 1, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Gas Starter
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Equipment: Double Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Dining Room, Separate Den, Eat-In Kitchen, Pantry, Island In Kitchen
  • Misc Interior: Walk-In Closet(s), Walk-In Attic, Central Vacuum, Security System
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Attic, Storage Room
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, Separate Shower, Tile Floor, Carpet
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Auto Lawn Sprinkler, Porch, Deck
  • Exterior Windows: Wood/Composition, Stone, Storm Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Circular Drive, Storage Room(s), Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System, 3 or More Systems, 220 Wiring
  • Heating: Central, Gas, Dual System
  • Security: Monitored Alarm System, Smoke Detector(s)
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Professionally Landscaped, Wood Fenced
  • Lot Number: 202
  • Acreage: 0.43
  • Lot Size: 135X140
  • Price Per Acre: 1158140

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: G0231 00432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jun 28, 2023
Sold by
Bobach Conrad and Bobach Jessica
Bought by
Glasscock Carrie and Glasscock Judith
Seller's Agent
Tammy Davis
Coldwell Banker Collins-Maury
Buyer's Agent
David Da Ponte
Sowell, Realtors
List Price
$559,000
Sold Price
$500,000
Premium/Discount to List
-$59,000
-10.55%
Views
116
Current Estimated Value
$558,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,535
Avg. Annual Appreciation
4.91%
Original Mortgage
$440,000
Outstanding Balance
$429,504
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$129,031

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 19, 2021
Sold by
Clemens Gina T and Clemens Wesley M
Bought by
Bobach Conrad and Bobach Jessica
Seller's Agent
Teresa Coop
Coldwell Banker Collins-Maury
Buyer's Agent
Tammy Davis
Coldwell Banker Collins-Maury
List Price
$455,000
Sold Price
$475,000
Premium/Discount to List
$20,000
4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.44%
Original Mortgage
$389,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 2, 2017
Closed on
Jun 7, 2017
Sold by
American International Relocation Soluti
Bought by
Clemens Gina T and Clemens Wesley M
Seller's Agent
Lucy Doane
Crye-Leike, Inc., REALTORS
Buyer's Agent
Teresa Coop
Coldwell Banker Collins-Maury
List Price
$349,000
Sold Price
$343,000
Premium/Discount to List
-$6,000
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Original Mortgage
$274,400
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 2, 2017
Closed on
May 1, 2017
Sold by
Jean Theresa C St and Jean Samuel R St
Bought by
American Intemation Relocation Solutions
Seller's Agent
Lucy Doane
Crye-Leike, Inc., REALTORS
Buyer's Agent
Teresa Coop
Coldwell Banker Collins-Maury
List Price
$349,000
Sold Price
$343,000
Premium/Discount to List
-$6,000
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,400
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 4, 2013
Closed on
Dec 6, 2013
Sold by
Calandruccio Betty J
Bought by
Madlinger Theresa C
Seller's Agent
Janey Outlan
Coldwell Banker Collins-Maury
Buyer's Agent
Laura Flaniken
Coldwell Banker Collins-Maury
List Price
$319,000
Sold Price
$305,000
Premium/Discount to List
-$14,000
-4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.38%
Original Mortgage
$45,750
Interest Rate
4.19%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 29, 1997
Sold by
Pair Roy V and Pair Sonya L
Bought by
Calandruccio Betty J and The Betty J Calandruccio Living Trust
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
Glasscock Carrie $500,000 None Listed On Document
Bobach Conrad $475,000 None Available
Clemens Gina T $343,000 Lehman Title & Escrow Llc
American Intemation Relocation Solutions $343,000 Lehman Title & Escrow Llc
Madlinger Theresa C $305,000 Multiple
Calandruccio Betty J $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glasscock Carrie $440,000
Previous Owner Bobach Conrad $389,500
Previous Owner Clemens Gina T $274,400
Previous Owner Madlinger Theresa C $45,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2023 07/07/23 Sold $500,000 +0.4% $139 / Sq Ft
05/11/2023 05/11/23 Price Changed $498,000 -5.9% $138 / Sq Ft
05/02/2023 05/02/23 Price Changed $529,000 -5.4% $147 / Sq Ft
04/27/2023 04/27/23 For Sale $559,000 +17.7% $155 / Sq Ft
05/19/2021 05/19/21 Sold $475,000 +4.4% $132 / Sq Ft View Prior Sale
05/03/2021 05/03/21 Pending -- -- --
04/10/2021 04/10/21 For Sale $455,000 -4.2% $126 / Sq Ft
04/08/2021 04/08/21 Off Market $475,000 -- --
06/15/2017 06/15/17 Sold $343,000 -1.7% $95 / Sq Ft View Prior Sale
05/08/2017 05/08/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $349,000 +14.4% $97 / Sq Ft
12/06/2013 12/06/13 Sold $305,000 -4.4% $85 / Sq Ft View Prior Sale
11/09/2013 11/09/13 Pending -- -- --
07/04/2013 07/04/13 For Sale $319,000 -- $89 / 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 $3,415 $150,375 $22,900 $127,475
2024 $3,415 $100,750 $16,575 $84,175
2023 $5,267 $100,750 $16,575 $84,175
2022 $5,101 $100,750 $16,575 $84,175
2021 $5,239 $100,750 $16,575 $84,175
2020 $5,198 $86,625 $16,575 $70,050
2019 $6,272 $86,625 $16,575 $70,050
2018 $3,508 $86,625 $16,575 $70,050
2017 $5,267 $86,625 $16,575 $70,050
2016 $3,121 $71,425 $0 $0
2014 $3,121 $71,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10146821

Memphis Area Association of REALTORS®

APN: G0-231-0-0432