NOT LISTED FOR SALE

2979 Gardens Way Unit 101 Memphis, TN 38111

Chickasaw Gardens Neighborhood

Estimated Value: $532,800 - $709,000

3 Beds
2.5 Baths
2,800-2,999 Sq Ft
$202/Sq Ft Est. Value

Last Sold June 15, 2017

Last sale price $435,000 $145 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,800/month

163 Days on Market

Highlights

  • Gated Parking
  • Updated Kitchen
  • Community Lake
  • Sitting Area In Primary Bedroom
  • Landscaped Professionally
  • Vaulted Ceiling

About This Home

As of June 2017

NEW PRICE! NEW HARDWOOD FLOORS DOWN in Public Rooms. Spacious and Open. Lovely Entrance Hall. MBR Down. 2 walk-ins marble whirl bath, shower, marble vanity & floor . 23' Living Room w/ Fireplace open to New Orlean Courtyard. Eat-in Kitchen and separate Utility Room w/ walls of Cabinets. BR 2 and 3 (or playroom) up. Gated! On quiet Tishomingo side.

Last Agent to Sell the Property

Jeanne Arthur

Crye-Leike, Inc., REALTORS License #211857 Listed on: 11/23/2016

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Jeanne Arthur

Crye-Leike, Inc., REALTORS License #211857 Listed on: 11/23/2016

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,558

Year Built

  • Built in 1986

Lot Details

  • 4,792 Sq Ft Lot
  • Wrought Iron Fence
  • Brick Fence
  • Landscaped Professionally
  • Level Lot
  • Sprinklers on Timer
  • Few Trees

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,885 Sq Ft Home
  • 1.2-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Play Room
  • Storage Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Cedar Closet
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Powder Room
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Attic

  • Pull Down Stairs to Attic
  • Permanent Attic Stairs

Home Security

  • Monitored
  • Security Gate
  • Storm Doors
  • Termite Clearance
  • Iron Doors

Parking

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

Outdoor Features

  • Cove
  • Courtyard
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 045062 B00004

Community Details

Overview

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

Recreation

  • Recreation Facilities

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,558

Year Built

Built in 1986

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 754E
  • MAAR Subdivision Name: CHICKASAW GARDENS
  • List Price Per Sq Ft: 152
  • Number Of Stories: 1.2
  • Price Per Sq Ft: 150.78
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2885
  • Termite Contract: Yes
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1/2 Bath, 1 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, Office, Bonus Room
  • Additional Bedroom Bathroom Info: Luxury Primary Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedroom 2 Description: Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Vaulted/Coffered Ceilings, Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 1
  • Fireplace: Masonry, In Living Room, Gas Starter
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Breakfast Bar, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Cedar Lined Closet(s), Permanent Attic Stairs, Pull Down Attic Stairs, Sky Light(s), Powder/Dressing Room, Security System, Monitored Alarm, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Play Room, Entry Hall, Attic, Storage Room
  • Total Bathrooms: 2.1
  • Primary Bathroom Description: Whirlpool Tub, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Sitting Area, Built-In Cabinets/Bkcases, Smooth Ceiling, Tile Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Auto Lawn Sprinkler, Patio, Nbrhd Recreation Facility, Courtyard, Well Landscaped Grounds, Brick or Stone Fence, Iron Fence
  • Exterior Windows: Brick Veneer, Wood Window(s), Double Pane 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: Garage Door Opener(s), Front-Load Garage, Gated Parking, Gate Clickers

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central, Gas, Dual System
  • Security: Burglar Alarm, Security Gate, Limited Access, Nbrhd Guard Service, Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 2161
  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Cove, Professionally Landscaped, Brick/Stone Fenced
  • Lot Number: 10-1
  • Acreage: 0.11
  • Lot Size: .116 AC
  • Price Per Acre: 3995455

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 045062 B00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2016
Closed on
Jun 15, 2017
Sold by
Ellis George S
Bought by
Sheaffer Russell Walter and Sheaffer John Dunlap
Seller's Agent
Jeanne Arthur
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jeanne Arthur
Crye-Leike, Inc., REALTORS
List Price
$459,000
Sold Price
$435,000
Premium/Discount to List
-$24,000
-5.23%
Current Estimated Value
$607,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,048
Avg. Annual Appreciation
3.52%

Purchase Details

Closed on
Aug 26, 2010
Sold by
Haik Mary B
Bought by
Haik Barrett G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2003
Sold by
Calil Frances C
Bought by
Haik Barrett G and Haik Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,247
Interest Rate
5.74%
Source: Public Records

Range of Values:

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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
Sheaffer Russell Walter $435,000 None Available
Sheaffer Russell Walter $435,000 None Available
Haik Barrett G -- None Available
Haik Barrett G $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haik Barrett G $250,000
Previous Owner Haik Barrett G $249,000
Previous Owner Haik Barrett G $445,247
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2017 06/15/17 Sold $435,000 -5.2% $155 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
11/23/2016 11/23/16 For Sale $459,000 -- $164 / 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 $3,558 $120,725 $27,375 $93,350
2024 $3,558 $104,950 $25,350 $79,600
2023 $6,393 $104,950 $25,350 $79,600
2022 $6,393 $104,950 $25,350 $79,600
2021 $6,468 $104,950 $25,350 $79,600
2020 $7,882 $108,775 $25,350 $83,425
2019 $3,476 $108,775 $25,350 $83,425
2018 $3,476 $108,775 $25,350 $83,425
2017 $3,559 $108,775 $25,350 $83,425
2016 $3,973 $90,925 $0 $0
2014 $3,973 $90,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jeanne Arthur

    Crye-Leike

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9991197

Memphis Area Association of REALTORS®

APN: 04-5062-B0-0004

Tennessee Shelby County Memphis 38111 Chickasaw Gardens

2979 Gardens Way Unit 101, Memphis, TN

This home is located at 2979 Gardens Way Unit 101, Memphis, TN 38111 since 23 November 2016 and is currently estimated at $604,950, approximately $201 per square foot. This property was built in 1986. 2979 Gardens Way Unit 101 is a home located in Shelby County with nearby schools including Sherwood Middle, Melrose High School, and Cornerstone Prep - Lester Campus.

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