NOT LISTED FOR SALE

3237 Cheval Dr Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $778,000 - $934,000

5 Beds
5 Baths
4,895 Sq Ft
$175/Sq Ft Est. Value

Last Sold July 18, 2024

Last sale price $849,450 $174 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,899/month

377 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Living Room with Fireplace
  • In Ground Pool
  • Clubhouse
  • Traditional Architecture

About This Home

As of July 2024

Elegance defines this 5 BR/5 BA home in exclusive Southwind, home of the WGC-FedEx St. Jude Invitational Golf Tournament. Grand foyer opens to a breathtaking formal LR/DR. The Kitchen is a gourmet chef's dream. 4 Ensuite BR DOWN; All Baths have been renovated. 5th BR upstairs can be an In-Law or Guest Suite/Media Room. Lush professionally landscaped backyard w/sparkling pool-perfect for relaxing & entertaining. **90% of art & furniture stay w/home !!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,895

Year Built

  • Built in 1997

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 90x140
  • Irrigation

Parking

  • 3 Car Garage
  • Parking Pad
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture

Interior Spaces

  • Property has 3 Levels
  • High Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Double Oven
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 5 Full Bathrooms
  • Double Vanity

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 77
  • Assessor Parcel Number D0242W C00094

Community Details

Overview

  • Property has a Home Owners Association
  • Southwind Pd Ph 38 Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,895

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1997
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Walk-In Closet(s), In-Law Floorplan, High Ceilings, Pantry
  • Appliances: Trash Compactor, Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer, Double Oven, Cooktop, Gas Range, Gas Oven
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Wood, Tile
  • Total Bedrooms: 5
  • Full Bathrooms: 5
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Other Equipment: Irrigation System

Exterior Features

  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Covered, Porch
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Side, Parking Pad
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Water Available

Condo/Co-op/Association

  • Amenities: Clubhouse, Golf Course, Tennis Court(s), Gated, Pool
  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.32
  • Lot Size: 90X140
  • Lot Size Units: Acres
  • Parcel #: D0242W C00094
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4895
  • Tax Lot: 77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2023
Closed on
Jul 17, 2024
Sold by
Wallace Robert C and Wallace Debra J
Bought by
Jade Revocable Living Trust
List Price
$1,200,000
Sold Price
$849,450
Premium/Discount to List
-$350,550
-29.21%
Views
441
Current Estimated Value
$857,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,764
Avg. Annual Appreciation
0.64%

Purchase Details

Closed on
Dec 15, 2004
Sold by
Norris Joy M
Bought by
Gilpatrick Russell O and Gilpatrick Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2002
Sold by
Norris William L
Bought by
Norris Joy M

Purchase Details

Closed on
May 21, 2001
Sold by
James Williams B and James Joy A
Bought by
Shelby County

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 7, 1997
Sold by
Merkle John D and Merkle Brenda H
Bought by
James William B and James Joy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,950
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Jade Revocable Living Trust $859,600 None Listed On Document
Gilpatrick Russell O $745,000 --
Norris Joy M -- --
Shelby County $650,000 --
Shelby County $650,000 --
James William B $469,000 Stewart Title Company
James William B $469,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilpatrick Russell O $500,000
Previous Owner Shelby County $350,000
Previous Owner James William B $499,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2024 07/18/24 Sold $849,450 -29.2% $174 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
06/10/2023 06/10/23 For Sale $1,200,000 -- $245 / Sq Ft
Source: Realtracs

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 $4,895 $208,925 $29,300 $179,625
2024 $3,895 $144,400 $24,300 $120,100
2023 $4,895 $144,400 $24,300 $120,100
2022 $4,895 $144,400 $24,300 $120,100
2021 $4,982 $144,400 $24,300 $120,100
Source: Public Records

Map

Source: Realtracs

MLS Number: 3021524

Realtracs

APN: D0-242W-C0-0094

Tennessee Shelby County Memphis 38125 Southern Shelby County

3237 Cheval Dr, Memphis, TN

Not Listed for Sale

Detached

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