NOT LISTED FOR SALE

2860 Old Elm Ln Germantown, TN 38138

Estimated Value: $523,523 - $559,000

5 Beds
2.5 Baths
3,600-3,799 Sq Ft
$143/Sq Ft Est. Value

Sale Details

Date Sold: September 1, 2021

Last sale price $439,500 $116 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,218 / mo

112 Days on Market

Highlights

  • In Ground Pool
  • Sitting Area In Primary Bedroom
  • Landscaped Professionally
  • Forest Hill Elementary School Rated A
  • Updated Kitchen
  • Traditional Architecture

About This Home

As of September 2021

Beautiful entertainment & family home with Olympic size pool & warm welcoming fire pit. Great for holiday events, esp Spring & Summer. Spacious, comfortable bedrooms & three walk-in closets. Warm Kitchen with Triton stone countertops, farm copper sink with brick wall to match the Den’s open, festive aura. $10,000 decor or closing bonus at closing! Don't miss out on making your own personal upgrades. Owner/Agent. Back on the market due to Buyer Financing issue.

Last Agent to Sell the Property

Lisa Shaffer

Welch Realty, LLC License #349925 Listed on: 04/17/2021

Last Buyer's Agent

Terry Roach

Adaro Realty, Inc. License #245195

Adaro Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1982

Lot Details

  • 17,860 Sq Ft Lot
  • Lot Dimensions are 135x140
  • Wood Fence
  • Landscaped Professionally
  • Few Trees

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,600-3,799 Sq Ft Home
  • 3,712 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Fireplace With Glass Doors
  • Fireplace Features Masonry
  • Some Wood Windows
  • Window Treatments
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Storage Room
  • Permanent Attic Stairs

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Monitored
  • Storm Windows
  • Fire and Smoke Detector
  • Termite Clearance

Parking

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

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Doors are 32 inches wide or more
  • Patio

Listing and Financial Details

  • Assessor Parcel Number G0231 00433

Community Details

Overview

  • Voluntary home owners association
  • Forest Glen Resub Of Lot 54 Subdivision

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Year Built

Built in 1982

Lot Details

0.41 Acres

HOA Fees

$2 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Poplar Pike
  • MAAR Subdivision Name: FOREST GLEN
  • Handicap Design: Wide Doors
  • List Price Per Sq Ft: 118
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3712
  • Termite Contract: Yes
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, 1/2 Bath, Laundry Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Bonus Room
  • Additional Bedroom Bathroom Info: All Bedrooms Up, Double Vanity Bath, Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 3600-3799
  • Bedroom 2 Description: Level 2, Walk-In Closet, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Carpet
  • Bedroom 5 Description: Level 2, Walk-In Closet, Shared Bath, Hardwood Floor
  • Bedrooms: 5
  • Fireplace: Masonry, In Den/Great Room, Glass Doors
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Cooktop, Disposal, Dishwasher, Microwave, Cable Available, Satellite Dish
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Permanent Attic Stairs, Walk-In Attic, Central Vacuum, Rear Stairs to Playroom, Sky Light(s), Security System, Smoke Detector(s), Monitored Alarm, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Attic, Storage Room
  • Primary Bathroom Description: Double Sinks, Separate Shower, Dressing Area, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Full Bath, Sitting Area, Hardwood Floor

Exterior Features

  • Misc Exterior: Pool Cleaning Equipment, Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Storm Window(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Central, Gas, Dual System
  • Security: Burglar Alarm, Fire Alarm, Monitored Alarm System, Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 20
  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Some Trees, Professionally Landscaped, Wood Fenced
  • Lot Number: 203
  • Acreage: 0.41
  • Lot Size: 135X140

Green Features

  • Green Feature Checklist: Yes

Tax Info

  • Assessor Parcel Number: G0231 00433

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2021
Closed on
Sep 1, 2021
Sold by
Bought by
Seller's Agent
Lisa Shaffer
Welch Realty, LLC
Buyer's Agent
Terry Roach
Adaro Realty, Inc.
List Price
$440,000
Sold Price
$439,500
Premium/Discount to List
-$500
-0.11%
Current Estimated Value
$541,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,381
Avg. Annual Appreciation
4.45%
Original Mortgage
$417,525
Outstanding Balance
$375,978
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$165,903

Purchase Details

Closed on
Oct 27, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 13, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 23, 2005
Sold by
Bought by

Purchase Details

Closed on
Nov 19, 2004
Sold by
Bought by

Purchase Details

Closed on
Sep 25, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,800
Interest Rate
6.96%

Purchase Details

Closed on
Mar 6, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
7.9%
Source: Public Records

Range of Values:

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$439,500 Tri State Title Llc
$310,000 Realty Title & Escrow Co Inc
$209,500 Associates Closing & Title
$228,066 Associates Closing & Title
$231,586 --
$242,000 --
$242,000 --
$185,000 Security Title Company
$185,000 Security Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $417,525
Previous Owner $235,000
Previous Owner $217,800
Previous Owner $175,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/01/2021 09/01/21 Sold $439,500 0.0% $122 / Sq Ft
06/14/2021 06/14/21 Price Changed $439,500 -0.1% $122 / Sq Ft
04/17/2021 04/17/21 For Sale $440,000 -- $122 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,538 $131,525 $22,750 $108,775
2024 $3,029 $89,350 $16,475 $72,875
2023 $4,671 $89,350 $16,475 $72,875
2022 $4,524 $89,350 $16,475 $72,875
2021 $4,646 $89,350 $16,475 $72,875
2020 $4,784 $79,725 $16,475 $63,250
2019 $3,229 $79,725 $16,475 $63,250
2018 $3,229 $79,725 $16,475 $63,250
2017 $4,847 $79,725 $16,475 $63,250
2016 $3,151 $72,100 $0 $0
2014 $3,151 $72,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Shaffer

    Seller's Agent in 2021

    Lisa Shaffer

    Welch Realty, LLC

    (901) 289-7766

    19 Total Sales

    Lisa Shaffer
    Section Image
  • Terry Roach

    Buyer's Agent in 2021

    Terry Roach

    Adaro Realty, Inc.

    (901) 258-6710

    21 Total Sales

    Terry Roach
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10097369

Memphis Area Association of REALTORS®

APN: G0-231-0-0433

Tennessee Shelby County Germantown 38138

2860 Old Elm Ln, Germantown, TN

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