NOT LISTED FOR SALE

2995 Schaeffer Dr Eads, TN 38028

Gray's Creek Neighborhood

Estimated Value: $538,076 - $601,000

4 Beds
3.5 Baths
3,428 Sq Ft
$166/Sq Ft Est. Value

Last Sold June 27, 2013

Last sale price $260,000 $76 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $3,331/month

75 Days on Market

Highlights

  • In Ground Pool
  • 2 Acre Lot
  • Fireplace in Primary Bedroom
  • Updated Kitchen
  • Colonial Architecture
  • Deck

About This Home

As of June 2013

SOLD AS IS. 3,000 MINIMUM E/M IS REQUIRED. FINANCE BUYER MUST SUBMIT PRE-QUAL LETTER. CASH BUYER MUST SHOW PROOF OF FUNDS WITH OFFER. EMPLOYEES OF BAC OR EMPLOYEES' HOUSEHOLD MEMBER ARE PROHIBITED FROM THE PURCHASE OF THIS HOME DIRECTLY OR INDIRECTLY.

Last Agent to Sell the Property

Billy & Barbara Baxter

Crye-Leike, Inc., REALTORS License #207421 Listed on: 02/22/2013

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Reginald Harris

Harris Realty Services License #284382

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 2 Acre Lot
  • Level Lot
  • Few Trees

Home Design

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

Interior Spaces

  • 3,428 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • 2 Fireplaces
  • Bonus Room

Kitchen

  • Updated Kitchen
  • Kitchen Island

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Septic Tank

Community Details

  • Country Way Farms Phase A Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 096306 A00011

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Colonial
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: COUNTRY WAY FARMS SEC A
  • Corporate Own: Yes
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3428
  • Year Built: 1998
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Second Story Floor Plan: Bonus Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Fireplace: In Den/Great Room, In Primary Bedroom
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Separate Breakfast Room, Pantry, Island In Kitchen
  • Number Of Fireplaces: 2

Exterior Features

  • Misc Exterior: Porch, Patio, Deck
  • Exterior Windows: Brick Veneer
  • 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: More than 3 Coverd Spaces, Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: 2+ Water Heaters, Public Water, Septic Tank

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 11
  • Acreage: 2
  • Lot Size: 87120 SF 2 AC 219 X 399

Tax Info

  • Assessor Parcel Number: 096306 A00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2013
Closed on
Jun 19, 2013
Sold by
Wells Fargo Bank Na
Bought by
Mcmickens Calvin and Mcmickens Keshia
Seller's Agent
Billy & Barbara Baxter
Crye-Leike, Inc., REALTORS
Buyer's Agent
Reginald Harris
Harris Realty Services
List Price
$282,800
Sold Price
$260,000
Premium/Discount to List
-$22,800
-8.06%
Current Estimated Value
$585,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,909
Avg. Annual Appreciation
6.40%
Original Mortgage
$247,000
Outstanding Balance
$176,852
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$393,667

Purchase Details

Closed on
Dec 5, 2012
Sold by
Buchanan Brian
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 13, 2005
Sold by
Fabery Charles M and Fabery Michele R
Bought by
Buchanan Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,320
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 1997
Sold by
Bernardini Gino R and Bernardini Joyce
Bought by
Fabery Charles M and Fabery Michele R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.39%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mcmickens Calvin $260,000 Alliance Title & Escrow Llc
Wells Fargo Bank Na $213,432 None Available
Buchanan Brian $349,150 --
Fabery Charles M $50,000 Stewart Title Company
Fabery Charles M $50,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmickens Calvin $247,000
Previous Owner Buchanan Brian $279,320
Previous Owner Fabery Charles M $175,000
Closed Buchanan Brian $69,830
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2013 06/27/13 Sold $260,000 -8.1% $76 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $282,800 -- $82 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $3,473 $122,925 $20,500 $102,425
2024 $3,473 $102,450 $18,025 $84,425
2023 $3,473 $102,450 $18,025 $84,425
2022 $3,473 $102,450 $18,025 $84,425
2021 $3,535 $102,450 $18,025 $84,425
2020 $3,563 $87,975 $18,025 $69,950
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Billy & Barbara Baxter

    Crye-Leike, Inc., REALTORS

    (901) 299-0763

    13 Total Sales

    Billy & Barbara Baxter
    Section Image
  • Reginald Harris

    Buyer's Agent in 2013

    Reginald Harris

    Harris Realty Services

    (901) 496-7653

    3 in this area

    50 Total Sales

    Reginald Harris
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3265771

Memphis Area Association of REALTORS®

APN: D0-204F-A0-0027

Tennessee Shelby County Eads 38028 Gray's Creek

2995 Schaeffer Dr, Eads, TN

Not Listed for Sale

Detached

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