$650,000
SOLD OCT 23, 2020

355 Magnolia Ln Collierville, TN 38017

4 Beds
3.5 Baths
4,000-4,499 Sq Ft
1 Acres

Recently Sold

$144 Per Sq Ft

6% Below List Price

144 Days on Market

Highlights

  • Landscaped Professionally
  • Vaulted Ceiling
  • Wood Flooring
  • Community Lake
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of October 2020

WHY BUILD WHEN YOU CAN HAVE BETTER THAN NEW? BUILT IN 2018 THIS IMMACULATE FLOWING FLOOR PLAN IS PERFECT FOR YOUR BUSY FAMILY AND ENTERTAINING FRIENDS. SKIP THE HASSLE OF BUILDING, THIS HOME IS PERFECT. 4 BR, 2 DOWN, SPLIT PLAN W/ 2 BR UP AND A BEAUTIFUL BONUS.FEATURING A SCREENED IN PORCH & FIREPLACE OVERLOOKING A MEADOW WHICH IS A CONSERVATION AREA. SEE ATTACHED LIST FOR MORE FEATURES.

Last Agent to Sell the Property

Jean Childress

Crye-Leike, Inc., REALTORS License #281594 Listed on: 05/11/2020

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Jon Dickens

The Firm License #304275

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,196

Year Built

  • Built in 2018

Lot Details

  • Lot Dimensions are 110 x 200
  • Landscaped Professionally
  • Sprinklers on Timer
  • Few Trees

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,000-4,499 Sq Ft Home
  • 4,452 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Two Story Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room with Fireplace
  • Sun or Florida Room
  • Screened Porch

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Attic

  • Attic Access Panel
  • Permanent Attic Stairs

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Cove

Utilities

  • Multiple cooling system units
  • Central Air
  • Multiple Heating Units
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Twin Lakes Of Piperton Subdivision
  • Mandatory home owners association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 164E 164E A07900

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,196

Year Built

Built in 2018

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 655A
  • MAAR Subdivision Name: TWIN LAKES OF PIPERTON
  • List Price Per Sq Ft: 150
  • Number Of Stories: 2
  • Price Per Sq Ft: 146
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4452
  • Year Built: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1/2 Bath, 2 or More Baths, Laundry Room, Sun Room, Breakfast Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 4000-4499
  • Bedroom 2 Description: Level 1, Walk-In Closet, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Vented Gas Fireplace, In Den/Great Room, In Other Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Two Story Foyer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Permanent Attic Stairs, Attic Access, Walk-In Attic, Security System, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Sun Room, Bonus Room, Entry Hall, Attic
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, 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, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Porch, Screen Porch, Covered Patio, Well Landscaped Grounds
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 3
  • Parking Display: 3
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 3 or More Systems, 220 Wiring
  • Heating: Gas, 3 or More Systems
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 800
  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Cove, Professionally Landscaped
  • Lot Number: 15
  • Lot Size: 110 X 200

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 164E 164E A07900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Oct 23, 2020
Sold by
Joseph Hoffert and Shannon Hoffert Shannon
Bought by
Weaver Stephen H and Weaver Kimberly H
Seller's Agent
Jean Childress
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jon Dickens
The Firm
List Price
$689,900
Sold Price
$650,000
Premium/Discount to List
-$39,900
-5.78%
Current Estimated Value
$900,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,002
Avg. Annual Appreciation
7.01%
Original Mortgage
$73,950
Interest Rate
2.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2018
Sold by
Twin Lakes Joint Venture
Bought by
Darin K Halford Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 23, 2018
Closed on
Jun 14, 2018
Sold by
Halford Darin K
Bought by
Hoffert Joseph and Hoffert Shannon
Seller's Agent
Jean Childress
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jean Childress
Crye-Leike, Inc., REALTORS
List Price
$669,000
Sold Price
$669,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%
Original Mortgage
$602,100
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2017
Closed on
Aug 29, 2017
Sold by
Twin Lakes Joint Ventures
Bought by
Darin K Halford Builder Llc
Seller's Agent
Gary Thompson
Boyle Investment Company
Buyer's Agent
Gary Thompson
Boyle Investment Company
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1262.03%
Original Mortgage
$480,000
Interest Rate
3.92%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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 Realty Title & Escrow Co Inc
Warranty Deed $85,000 Memphis Title Company
Warranty Deed $669,000 Realty Title & Escrow Co Inc
Warranty Deed $85,000 Memphis Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $349,200 New Conventional
Closed $73,950 New Conventional
Open $510,400 New Conventional
Closed $73,950 Credit Line Revolving
Previous Owner $536,000 Commercial
Previous Owner $602,100 New Conventional
Previous Owner $480,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $650,000 -3.0% $163 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
08/10/2020 08/10/20 Price Changed $669,900 -1.5% $167 / Sq Ft
06/08/2020 06/08/20 Price Changed $679,900 -1.4% $170 / Sq Ft
05/11/2020 05/11/20 For Sale $689,900 +3.1% $172 / Sq Ft
06/14/2018 06/14/18 Sold $669,000 0.0% $167 / Sq Ft
04/08/2018 04/08/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $669,000 +687.1% $167 / Sq Ft
08/29/2017 08/29/17 Sold $85,000 0.0% --
06/28/2017 06/28/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $85,000 -- --
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 $4,196 $162,450 $23,125 $139,325
2023 $4,196 $162,450 $0 $0
2022 $2,614 $162,450 $23,125 $139,325
2021 $2,614 $162,450 $23,125 $139,325
2020 $2,691 $162,450 $23,125 $139,325
2019 $2,691 $142,975 $23,125 $119,850
2018 $2,073 $133,225 $19,650 $113,575
2017 $370 $19,650 $19,650 $0
2016 $378 $18,750 $18,750 $0
2015 $378 $18,750 $18,750 $0
2014 $378 $18,750 $18,750 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10076319

Memphis Area Association of REALTORS®

APN: 164E-A-079.00