$134,000
SOLD JUL 20, 2012

326 Reed Cir Drummonds, TN 38023

3 Beds
2 Baths
2,200-2,399 Sq Ft
1 Acres

Recently Sold

$56 Per Sq Ft

28% Below List Price

1,396 Days on Market

Highlights

  • Lake On Lot
  • Traditional Architecture
  • Sun or Florida Room
  • 1 Acre Lot
  • Separate Formal Living Room
  • Great Room

About This Home

As of June 2016

Say goodbye to that small house. Home is over 2400 sq ft and has a large living room, spacious den w/fireplace, dining room, large bedrooms, updated eat-in-kitchen, screened in back porch. full size kitchen cabinets.SELLER WANTS TO SELL! BRING US AN OFFER

Last Agent to Sell the Property

David Maley

RE/MAX Right Way License #263353 Listed on: 09/05/2008

RE/MAX Right Way

Co-Listed By

Amy Maley

RE/MAX Right Way License #278535

Last Buyer's Agent

Larry Silvey

Keller Williams License #264251

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $919

Year Built

  • Built in 1976

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 1,608 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Window Treatments
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Sun or Florida Room
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Outdoor Features

  • Lake On Lot
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • 220 Volts
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Reed Subdivision

Listing and Financial Details

  • Assessor Parcel Number 145D 145D D00500

Home Details

Home Type

Single Family

Est. Annual Taxes

$919

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: SIMMONS
  • MLS Map #: 621B
  • MAAR Subdivision Name: REED
  • Number Of Stories: 1
  • Price Per Sq Ft: 83.33
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1608
  • Termite Contract: Yes
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Prefabricated, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Carpet, Tile, Sprayed Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Double Oven, Disposal, Dishwasher, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Eat-In Kitchen, Pantry
  • Misc Interior: Excl Some Window Treatmnt, Pull Down Attic Stairs, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Sun Room
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Brick Veneer, Vinyl Siding
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Electric Heat Pump
  • Water Sewer: Electric Water Heater, Public Water, Septic Tank

Lot Info

  • Lot Description: Some Trees, Level, Lake/Pond on Property
  • Lot Number: 10
  • Acreage: 1
  • Lot Size: x

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 145D 145D D00500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2016
Closed on
Jun 23, 2016
Sold by
Daniels Asa Scott
Bought by
Glass William Alex and Glass Maureen E
Seller's Agent
Carmen Prince
Crye-Leike, Inc., REALTORS
Buyer's Agent
Teresa Fiveash
Collier REALTORS
List Price
$169,000
Sold Price
$160,000
Premium/Discount to List
-$9,000
-5.33%
Current Estimated Value
$284,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,534
Avg. Annual Appreciation
6.46%
Original Mortgage
$144,000
Outstanding Balance
$116,706
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$167,311

Purchase Details

Listed on
Sep 5, 2008
Closed on
Jul 20, 2012
Sold by
Schoppaul Josephine
Bought by
Daniels Asa Scott and Daniels Tammie Jo
Seller's Agent
David Maley
RE/MAX Right Way
Buyer's Agent
Larry Silvey
Keller Williams
List Price
$187,000
Sold Price
$134,000
Premium/Discount to List
-$53,000
-28.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Original Mortgage
$138,422
Interest Rate
3.68%
Mortgage Type
VA

Purchase Details

Closed on
Jan 1, 1976
Bought by
Schoppaul Schoppaul E and Schoppaul Josephine

Purchase Details

Closed on
Jan 1, 1975

Purchase Details

Closed on
May 17, 1973

Purchase Details

Closed on
Jan 2, 1973
Source: Public Records

Range of Values:

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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 $160,000 --
Warranty Deed $134,000 --
Warranty Deed $3,400 --
Warranty Deed $3,400 --
Deed -- --
Warranty Deed $3,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $144,000 New Conventional
Previous Owner $138,422 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2016 06/23/16 Sold $160,000 -5.3% $89 / Sq Ft
06/03/2016 06/03/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $169,000 +26.1% $94 / Sq Ft
07/20/2012 07/20/12 Sold $134,000 -28.3% $61 / Sq Ft
07/02/2012 07/02/12 Pending -- -- --
09/05/2008 09/05/08 For Sale $187,000 -- $85 / 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
2024 $919 $60,425 $7,225 $53,200
2023 $919 $60,425 $7,225 $53,200
2022 $863 $42,325 $5,325 $37,000
2021 $863 $42,325 $5,325 $37,000
2020 $863 $42,325 $5,325 $37,000
2019 $699 $28,900 $5,325 $23,575
2018 $699 $28,900 $5,325 $23,575
2017 $699 $28,900 $5,325 $23,575
2016 $699 $28,900 $5,325 $23,575
2015 $698 $28,900 $5,325 $23,575
2014 $698 $28,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3152355

Memphis Area Association of REALTORS®

APN: 145D-D-005.00