NOT LISTED FOR SALE

371 River Oaks Rd Memphis, TN 38120

River Oaks Neighborhood

Estimated Value: $1,450,000 - $1,758,957

4 Beds
6.5 Baths
7,000-7,999 Sq Ft
$206/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $998,000 $125 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $9,661/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Separate Formal Living Room
  • White Station High Rated A
  • 2 Fireplaces
  • Patio

About This Home

As of June 2016

This home is located at 371 River Oaks Rd, Memphis, TN 38120 since 02 June 2016 and is currently estimated at $1,644,739, approximately $234 per square foot. This property was built in 1996. 371 River Oaks Rd is a home located in Shelby County with nearby schools including Balmoral Ridgeway Elementary School, White Station High, and Ridgeway Middle School.

Last Agent to Sell the Property

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE Listed on: 06/02/2016

Last Buyer's Agent

Shannan McWaters

The Firm License #320927

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,773

Year Built

  • Built in 1996

Lot Details

  • 0.66 Acre Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 7,000-7,999 Sq Ft Home
  • 7,121 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Separate Formal Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Driveway

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Gardens Of River Oaks P D Phase 1 Fn Pl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 080023 L00040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,773

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • MLS Map #: 782C
  • MAAR Subdivision Name: RIVER OAKS
  • List Price Per Sq Ft: 140
  • Number Of Stories: 2
  • Price Per Sq Ft: 140.15
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 7121
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 7000 - 7999
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Floors/Ceilings: Hardwood Throughout
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room
  • Number Of Fireplaces: 2
  • Total Bathrooms: 6.1

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees
  • Lot Number: 40
  • Acreage: 0.66
  • Lot Size: 165.115/153.42X181.575/180
  • Price Per Acre: 1512121

Multi Family

  • Number Of Rooms: 13

Tax Info

  • Assessor Parcel Number: 080023 L00040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2016
Closed on
Jun 1, 2016
Sold by
Blumeyer Peter M and Blumeyer Carol T
Bought by
Toohig John J and Toohig Grace Desha
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Shannan McWaters
The Firm
List Price
$998,000
Sold Price
$998,000
Current Estimated Value
$1,644,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$646,739
Avg. Annual Appreciation
5.64%
Original Mortgage
$55,000
Outstanding Balance
$41,598
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$1,613,127

Purchase Details

Closed on
Sep 30, 2011
Sold by
Garner Alan L and Garner Alice
Bought by
Blumeyer Peter M and Blumeyer Carol T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2003
Sold by
Mccain Shellie G
Bought by
Garner Alice and Garner Alan L

Purchase Details

Closed on
Jan 15, 2002
Sold by
Mccrory Norma J
Bought by
Mccain Shellie G and The Nydb Trust
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 Buyer Sale Price Title Company
Toohig John J $998,000 None Available
Blumeyer Peter M $875,000 None Available
Garner Alice -- --
Mccain Shellie G $1,310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toohig John J $55,000
Previous Owner Blumeyer Peter M $250,000
Previous Owner Mccrory Charlie $850,000
Previous Owner Mccrory Norma J $854,000
Previous Owner Mccrory Norma J $40,204
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $998,000 0.0% $143 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $998,000 -- $143 / 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 $10,773 $375,400 $86,250 $289,150
2024 -- $317,775 $86,250 $231,525
2023 $19,358 $317,775 $86,250 $231,525
2022 $19,358 $317,775 $86,250 $231,525
2021 $19,585 $317,775 $86,250 $231,525
2020 $18,113 $249,975 $86,250 $163,725
2019 $18,113 $249,975 $86,250 $163,725
2018 $18,113 $249,975 $86,250 $163,725
2017 $10,094 $245,600 $86,250 $159,350
2016 $9,367 $214,350 $0 $0
2014 $9,367 $214,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2016

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • Shannan McWaters

    Buyer's Agent in 2016

    Shannan McWaters

    The Firm

    (901) 413-7318

    6 in this area

    241 Total Sales

    Shannan McWaters
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9981070

Memphis Area Association of REALTORS®

APN: 08-0023-L0-0040

Tennessee Shelby County Memphis 38120 River Oaks

371 River Oaks Rd, Memphis, TN

This home is located at 371 River Oaks Rd, Memphis, TN 38120 since 02 June 2016 and is currently estimated at $1,644,739, approximately $205 per square foot. This property was built in 1996. 371 River Oaks Rd is a home located in Shelby County with nearby schools including Balmoral Ridgeway Elementary School, White Station High, and Ridgeway Middle School.

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