NOT LISTED FOR SALE

2947 Gardens Way Unit 142 Memphis, TN 38111

Chickasaw Gardens Neighborhood

Estimated Value: $684,000 - $935,000

4 Beds
3 Baths
3,000-3,199 Sq Ft
$243/Sq Ft Est. Value

Last Sold July 23, 2019

Last sale price $552,000 $173 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,859/month

Highlights

  • In Ground Pool
  • Gated Community
  • Landscaped Professionally
  • Gated Parking
  • Updated Kitchen
  • Community Lake

About This Home

As of July 2019

Luxurious zero lot in gated Chickasaw Gardens with gorgeous Pool surrounded by beautiful brick wall. Generous rooms with hardwood floors & 10' ceilings. 17x22 Living room w/gas FP & spacious Dining room. 16x22 Master Bedroom down w/bookcases, doors to the pool. 2nd Bedroom down is used as a Den/office w/ wet bar. Bright eat-in Kitchen w/ SS, granite, gas cooktop , breakfast bar. HUGE laundry room. 2 Bedrooms w/ Jack & Jill bath up. Generator gives comfort if power goes out. Dual HVAC (2013).

Last Agent to Sell the Property

Jennifer & Joel Hobson

Hobson, REALTORS License #24371 Listed on: 06/22/2019

Last Buyer's Agent

Courtney Murrah

Ware Jones, REALTORS License #238041

Ware Jones, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,053

Year Built

  • Built in 1988

Lot Details

  • 7,405 Sq Ft Lot
  • End Unit
  • Brick Fence
  • Landscaped Professionally
  • Zero Lot Line

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 3,224 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Skylights
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Mud Room
  • Two Story Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library
  • Storage Room
  • Laundry Room
  • Security Gate
  • Attic

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Double Vanity

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Gated Parking

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Cove
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 045062 B00012

Community Details

Overview

  • Gardens Phases 1A 1B & 2B The Subdivision
  • Mandatory home owners association
  • Community Lake
  • Planned Unit Development

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,053

Year Built

Built in 1988

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Attached Unit Type: End Unit
  • Cross Street: Tishomingo
  • MLS Map #: 754E
  • MAAR Subdivision Name: CHICKASAW GARDENS
  • List Price Per Sq Ft: 169
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 171.22
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 3224
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2 or More Baths, Laundry Room, Office
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Renovated Bathroom, Double Vanity Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Masonry, In Living Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Two Story Foyer
  • Full Bathrooms: 3
  • Equipment: Self Cleaning Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Walk-In Attic, Sky Light(s), Mud Room
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Library/Study, Entry Hall, Attic
  • Total Bathrooms: 3
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Pool Cleaning Equipment, Patio
  • Exterior Windows: Brick Veneer, Wood 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: 2
  • Parking Display: G2A
  • Parking Storage: Storage Room(s), Garage Door Opener(s), Front-Load Garage, Gated Parking, Gate Clickers

Utilities

  • Cooling: Central, Dual System
  • Heating: Central, Gas, Dual System
  • Security: Security Gate, Limited Access
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 3600
  • Neighborhood Amenities: Lake, Gated Neighborhood
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Cove, Professionally Landscaped, Brick/Stone Fenced
  • Lot Number: 14-2
  • Acreage: 0.17
  • Lot Size: .173AC 7561SF
  • Price Per Acre: 3205882
  • Zero Lot Line: Yes

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 045062 B00012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2019
Closed on
Jul 23, 2019
Sold by
Varner C Ferrell
Bought by
Macqueen Kimberly C
Seller's Agent
Jennifer & Joel Hobson
Hobson, REALTORS
Buyer's Agent
Courtney Murrah
Ware Jones, REALTORS
List Price
$545,000
Sold Price
$552,000
Premium/Discount to List
$7,000
1.28%
Current Estimated Value
$777,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,518
Avg. Annual Appreciation
5.66%

Purchase Details

Closed on
Feb 19, 2008
Sold by
Outlan Stoughton
Bought by
Varner C Ferrell and Varner Tina G
Source: Public Records

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
Macqueen Kimberly C -- None Available
Macqueen Kimberly C $552,000 None Available
Varner C Ferrell $515,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2019 07/23/19 Sold $552,000 +1.3% $184 / Sq Ft
06/23/2019 06/23/19 Pending -- -- --
06/22/2019 06/22/19 For Sale $545,000 -- $182 / 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 $5,053 $177,850 $34,925 $142,925
2024 $5,053 $149,050 $32,325 $116,725
2023 $9,080 $149,050 $32,325 $116,725
2022 $9,080 $149,050 $32,325 $116,725
2021 $9,186 $149,050 $32,325 $116,725
2020 $9,588 $125,575 $32,325 $93,250
2019 $4,013 $125,575 $32,325 $93,250
2018 $4,013 $125,575 $32,325 $93,250
2017 $4,108 $125,575 $32,325 $93,250
2016 $4,729 $108,225 $0 $0
2014 $4,729 $108,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer & Joel Hobson

    Seller's Agent in 2019

    Jennifer & Joel Hobson

    Hobson, REALTORS

    (901) 482-2929

    14 in this area

    183 Total Sales

    Jennifer & Joel Hobson
    Section Image

  • C

    Buyer's Agent in 2019

    Courtney Murrah

    Ware Jones, REALTORS

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10055703

Memphis Area Association of REALTORS®

APN: 04-5062-B0-0012

Tennessee Shelby County Memphis 38111 Chickasaw Gardens

2947 Gardens Way Unit 142, Memphis, TN

This home is located at 2947 Gardens Way Unit 142, Memphis, TN 38111 since 22 June 2019 and is currently estimated at $777,518, approximately $243 per square foot. This property was built in 1988. 2947 Gardens Way Unit 142 is a home located in Shelby County with nearby schools including Sherwood Middle, Melrose High School, and Cornerstone Prep - Lester Campus.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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