$650,000
SOLD JUN 26, 2025

305 Schaeffer Loop Eads, TN 38028

4 Beds
2.5 Baths
4,200-4,399 Sq Ft
5 Acres

Recently Sold

$148 Per Sq Ft

6% Below List Price

11 Days on Market

Highlights

  • Spa
  • Fireplace in Primary Bedroom
  • Vaulted Ceiling
  • Lake On Lot
  • Deck
  • Traditional Architecture

About This Home

As of June 2025

See an extraordinary estate that blends luxury, comfort, and the beauty of country living! This exceptional 4-bedroom, 2.5-bathroom home is perfectly positioned on 5 picturesque acres, offering privacy and space to roam. Step inside to discover elegant hardwood floors and charming Mexican tile throughout, setting an inviting tone. The spacious great room is the heart of the home, featuring a dramatic two-story stone fireplace—ideal for cozy gatherings or entertaining guests. Retreat to the primary suite, where you’ll find a private fireplace & a spa-inspired en-suite bath, creating your own sanctuary after a long day. A standout feature is the detached garage apartment, offering 2 additional bedrooms 2 bathrooms—perfect for guests, family, or even rental income. Car enthusiasts and hobbyists will love the expansive 4-car garage, providing ample space for vehicles & storage. Outdoor living is a dream here, with a well-stocked lake for fishing and plenty of room to enjoy nature.

Last Agent to Sell the Property

Joseph Cummings

Epique Realty License #363102 Listed on: 05/02/2025

Epique Realty

Last Buyer's Agent

Tammie Ross

New Roots Realty LLC License #290407

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 5 Acre Lot
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 4,200-4,399 Sq Ft Home
  • 4,352 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Entrance Foyer
  • Great Room
  • Living Room
  • Dining Room
  • Den with Fireplace
  • 2 Fireplaces
  • Loft
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 4 Car Garage
  • Side Facing Garage
  • Circular Driveway

Outdoor Features

  • Spa
  • Lake On Lot
  • Deck
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • Beacon Light Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 102 102 00813

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: BEACON LIGHT
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4352
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: Primary Down, Vaulted/Coffered Primary, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 4200-4399
  • Bedroom 2 Description: Carpet
  • Bedroom 3 Description: Carpet
  • Bedroom 4 Description: Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: In Den/Great Room, In Primary Bedroom
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Double Oven, Cooktop, Dishwasher
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Pantry, Island In Kitchen
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Office/Sewing Room, In-Law Quarters, Entry Hall, Loft/Balcony
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower
  • P R I M A R Y B E D R O O M: Carpet

Exterior Features

  • Misc Exterior: Porch, Deck, Hot Tub, Well Landscaped Grounds, Storage
  • Exterior Windows: Stucco
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 4
  • Parking Display: G4A
  • Parking Storage: Driveway/Pad, Circular Drive, More than 3 Coverd Spaces, Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector(s)
  • Water Sewer: Well Water, Septic Tank

Lot Info

  • Lot Description: Some Trees, Level, Lake/Pond on Property
  • Lot Number: 16
  • Acreage: 5
  • Lot Size: 5.00
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 102 102 00813

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2025
Closed on
Jun 26, 2025
Sold by
Williams Carolyn W
Bought by
Fischer Denise Lorine
Seller's Agent
Joseph Cummings
Epique Realty
Buyer's Agent
Tammie Ross
New Roots Realty LLC
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%
Views
277
Current Estimated Value
$659,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,337
Avg. Annual Appreciation
2.95%

Purchase Details

Closed on
Jun 17, 2008
Sold by
Bartlett Forrest E
Bought by
Williams Carolyn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2005
Sold by
Deutsche Bank National Tru
Bought by
Bartlett Forrest E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,145
Interest Rate
5.99%

Purchase Details

Closed on
Dec 27, 2002
Sold by
Teague Robert V
Bought by
Dement Wyatt H

Purchase Details

Closed on
Jun 22, 1998
Sold by
Sester Richard
Bought by
Teague Robert V

Purchase Details

Closed on
Sep 19, 1988
Bought by
Sester Richard and Sester Camille M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $650,000 Hornsby Title
Deed $530,000 --
Warranty Deed $530,000 --
Deed $360,000 --
Deed -- --
Deed $489,900 --
Deed $465,000 --
Warranty Deed $31,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $333,000 New Conventional
Previous Owner $363,145 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2025 06/26/25 Sold $650,000 -7.0% $155 / Sq Ft
05/13/2025 05/13/25 Pending -- -- --
05/08/2025 05/08/25 Price Changed $699,000 +0.6% $166 / Sq Ft
05/02/2025 05/02/25 For Sale $695,000 -- $165 / 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 $1,691 $192,800 $41,350 $151,450
2024 $1,691 $130,925 $23,850 $107,075
2023 $1,691 $130,925 $0 $0
2022 $1,691 $130,925 $23,850 $107,075
2021 $1,691 $130,925 $23,850 $107,075
2020 $1,661 $130,925 $23,850 $107,075
2019 $1,661 $110,175 $23,850 $86,325
2018 $1,661 $110,175 $23,850 $86,325
2017 $1,661 $110,175 $23,850 $86,325
2016 $1,693 $105,450 $23,850 $81,600
2015 $1,693 $105,450 $23,850 $81,600
2014 $1,693 $105,450 $23,850 $81,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10196080

Memphis Area Association of REALTORS®

APN: 102-008.13