NOT LISTED FOR SALE

342 Southmill Dr Eads, TN 38028

Gray's Creek Neighborhood

Estimated Value: $837,280 - $887,000

5 Beds
4.5 Baths
6,000-6,999 Sq Ft
$123/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $610,000 $87 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,923/month

44 Days on Market

Highlights

  • Media Room
  • Updated Kitchen
  • Landscaped Professionally
  • Sitting Area In Primary Bedroom
  • 2.06 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of July 2020

Country Elegance Nestled on a Beautiful 2.1 Acre lot in Unicorporated Eads TN! Custom double steel doors greet you into 6,132sq ft of incredible custom craftsmanship! Plantation shutters, gleaming hardwood floors, extensive millwork! 5 Br & 4.5 full baths! Huge gourmet kit is loaded! Hearth Room, Office or Study, Game Rm, Media Rm, 2 garage attached & oversized 2 garage detached! New Roof, 2 Rinnai Water Heater, updated HVAC! Huge patio w grilling bar, arbor & fire pit! So Many extra features!!!

Last Agent to Sell the Property

Ray Wallace

REMAX Experts License #223734 Listed on: 05/09/2020

REMAX Experts

Co-Listed By

Susan Wallace

REMAX Experts License #257099

Last Buyer's Agent

Gail Johnsey

eXp Realty, LLC License #304908

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 2.06 Acre Lot
  • Landscaped Professionally
  • Corner Lot
  • Few Trees

HOA Fees

  • $25 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 6,000-6,999 Sq Ft Home
  • 6,132 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-in Bookshelves
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Fireplace Features Masonry
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Two Story Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Media Room
  • Den with Fireplace
  • Library
  • Bonus Room with Fireplace
  • 3 Fireplaces
  • Play Room
  • Storage Room
  • Laundry Room
  • Keeping Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Attic

  • Attic Fan
  • Attic Access Panel
  • Permanent Attic Stairs

Home Security

  • Burglar Security System
  • Fire and Smoke Detector
  • Termite Clearance
  • Iron Doors

Parking

  • 4 Car Attached Garage
  • Workshop in Garage
  • Front Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Outdoor Features

  • Covered Patio or Porch
  • Gazebo
  • Outdoor Grill

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Community Details

  • Spring Mill Phase 1 & 2 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number D0216G C00039

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Stable View
  • MAAR Subdivision Name: ESTATES OF SPRING MILL (THE)
  • List Price Per Sq Ft: 99
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 6132
  • Termite Contract: Yes
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1/2 Bath, 2 or More Baths, Laundry Room, Keeping/Hearth Room, Breakfast Room, Office
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room, Media Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 6000 - 6999
  • Bedroom 2 Description: Level 1, Walk-In Closet, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Built-In Cabinets/Bkcases, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 5 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Masonry, Prefabricated, In Den/Great Room, In Keeping/Hearth room, In Other Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling, Two Story Foyer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired, Satellite Dish
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Permanent Attic Stairs, Attic Access, Walk-In Attic, Central Vacuum, Rear Stairs to Playroom, Security System, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 3
  • Other Rooms: Laundry Room, Library/Study, Play Room, Office/Sewing Room, Entry Hall, Media Room, Attic
  • Primary Bathroom Description: Double Sinks, 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, Fireplace, Sitting Area, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, B-B-Q Pit, Patio, Covered Patio, Gazebo, Well Landscaped Grounds
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Double Pane Window(s), Steel Insulated Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 4
  • Parking Display: G4A
  • Parking Storage: Circular Drive, More than 3 Coverd Spaces, Storage Room(s), Workshop(s), Garage Door Opener(s), Front-Load Garage, Side-Load Garage

Utilities

  • Cooling: Central, Attic Fan, Ceiling Fan(s), 3 or More Systems, 220 Wiring
  • Heating: Central, Gas, 3 or More Systems
  • Security: Burglar Alarm, Smoke Detector(s), Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Septic Tank

Association/Amenities

  • Annual Association Fee: 300
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Corner, Professionally Landscaped
  • Lot Number: 39
  • Acreage: 2.06
  • Keeping Hearth Dimension: 17X15
  • Lot Size: 89820 SF 272 X 310

Tax Info

  • Assessor Parcel Number: D0216G C00039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2020
Closed on
Jul 2, 2020
Sold by
Addison John F and Addison Revocable Living Trust
Bought by
Shaikh Mohammad R and Shaikh Dawn M
Seller's Agent
Ray Wallace
REMAX Experts
Buyer's Agent
Gail Johnsey
eXp Realty, LLC
List Price
$610,000
Sold Price
$610,000
Current Estimated Value
$863,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,820
Avg. Annual Appreciation
6.47%
Original Mortgage
$488,000
Outstanding Balance
$430,792
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$433,028

Purchase Details

Closed on
Dec 17, 2018
Sold by
Wells Addison John Frank and Wells Addison Janice
Bought by
Addison John F and Addison Janice W

Purchase Details

Closed on
Jan 8, 1999
Sold by
Jdl Development Inc
Bought by
Addison John Frank and Addison Janice Wells
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shaikh Mohammad R $610,000 Tri State Title Llc
Addison John F -- None Available
Addison John Frank $75,000 --
Addison John Frank $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaikh Mohammad R $488,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2020 07/02/20 Sold $610,000 0.0% $102 / Sq Ft
05/09/2020 05/09/20 For Sale $610,000 -- $102 / 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 $5,112 $214,450 $35,925 $178,525
2024 $5,112 $150,800 $22,725 $128,075
2023 $5,112 $150,800 $22,725 $128,075
2022 $5,112 $150,800 $22,725 $128,075
2021 $5,203 $150,800 $22,725 $128,075
2020 $5,193 $128,225 $22,725 $105,500
2019 $5,193 $128,225 $22,725 $105,500
2018 $5,193 $128,225 $22,725 $105,500
2017 $5,270 $128,225 $22,725 $105,500
2016 $5,698 $130,400 $0 $0
2014 $5,698 $130,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ray Wallace

    Seller's Agent in 2020

    Ray Wallace

    RE/MAX

    (901) 574-2243

    2 in this area

    81 Total Sales

    Ray Wallace
    Section Image
  • Susan Wallace

    Seller Co-Listing Agent in 2020

    Susan Wallace

    RE/MAX

    (901) 573-7054

    1 in this area

    59 Total Sales

    Susan Wallace
    Section Image
  • Gail Johnsey

    Buyer's Agent in 2020

    Gail Johnsey

    eXp Realty, LLC

    (901) 336-5904

    1 in this area

    18 Total Sales

    Gail Johnsey
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10076264

Memphis Area Association of REALTORS®

APN: D0-216G-C0-0039

Tennessee Shelby County Eads 38028 Gray's Creek

342 Southmill Dr, Eads, TN

Not Listed for Sale

Detached

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