NOT LISTED FOR SALE

3985 Forest Pointe Way Arlington, TN 38002

Estimated Value: $1,594,000 - $1,732,918

4 Beds
4.5 Baths
8,740 Sq Ft
$188/Sq Ft Est. Value

Last Sold August 30, 2012

Last sale price $1,069,500 $122 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $9,238/month

Highlights

  • Home Theater
  • Sitting Area In Primary Bedroom
  • Waterfront
  • Lakeland Elementary School Rated A
  • Gated Community
  • 1.29 Acre Lot

About This Home

As of August 2012

Lakefront resort living!Spacious,open plan,views in every direction & a room for every use.Finely crafted cust.1-owner home w/every amenity;Master suite w/priv.sunrm & spa bath,2 kitchens&indoor grill,home theater,off,safe rm,gift rm,elevator,private dock

Last Agent to Sell the Property

David Tester

Marx-Bensdorf, REALTORS License #272903 Listed on: 04/13/2012

Co-Listed By

Jim Black

Marx-Bensdorf, REALTORS License #206012

Last Buyer's Agent

Katie Barrett

Keller Williams License #301704

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,512

Year Built

  • Built in 2003

Lot Details

  • 1.29 Acre Lot
  • Waterfront
  • Brick Fence
  • Landscaped Professionally
  • Sprinklers on Timer

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 8,740 Sq Ft Home
  • 1.5-Story Property
  • Central Vacuum
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Mud Room
  • Two Story Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Home Office
  • Loft
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Keeping Room
  • Water Views
  • Attic
  • Finished Basement

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Dressing Area
  • Primary Bathroom is a Full Bathroom
  • Jack-and-Jill Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Home Security System
  • Iron Doors

Parking

  • 5 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Driveway

Accessible Home Design

  • Grab Bars
  • Lower Fixtures
  • Wheelchair Access
  • Handicap Modified
  • Doors are 32 inches wide or more
  • Accessible Ramps

Outdoor Features

  • Water Access
  • Cove
  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number L0150B A00033

Community Details

Overview

  • Pointe Subdivision
  • Mandatory Home Owners Association
  • Community Lake
  • Planned Unit Development

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,512

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: HUFF-N-PUFF
  • MAAR Subdivision Name: THE POINTE
  • Handicap Design: Wide Doors, Accessible Fixtures, Ramp, Grab Bars, Wheelchair Mobility
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 8740
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 1/2 Bath, Keeping/Hearth Room
  • Second Story Floor Plan: 1/2 Bath, Office
  • 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, Full Bath Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Level 1, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 1, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Basement, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Living Room, In Keeping/Hearth room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Two Story Foyer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Cable Available
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Walk-In Attic, Central Vacuum, Rear Stairs to Playroom, Mud Room, Handicap Design, Cat/Dog Free House, Security System
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Sun Room, Office/Sewing Room, Finished Basement, Entry Hall, Loft/Balcony, Media Room
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Separate His/ Her Baths, Dressing Area, Vaulted/Coffered Ceiling, 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, Sitting Area, Vaulted/Coffered Ceiling, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Gas Grill, Porch, Covered Patio
  • Exterior Windows: Brick Veneer, Stone, 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: 5
  • Parking Display: G5A
  • Parking Storage: Driveway/Pad, More than 3 Coverd Spaces, Storage Room(s), Workshop(s), Garage Door Opener(s)

Utilities

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

Association/Amenities

  • Neighborhood Amenities: Lake, Gated Neighborhood
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Water Frontage, Water View, Water Access, Cove, Professionally Landscaped, Brick/Stone Fenced
  • Lot Number: 33
  • Acreage: 1.29
  • Keeping Hearth Dimension: 27x20
  • Lot Size: 56578 SF 77.96 X 142.3

Tax Info

  • Assessor Parcel Number: L0150B A00033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2025
Sold by
Patricia H Phelps Revocable Living Trust and Phelps Patricia H
Bought by
Michael And Heather Phelps Living Trust and Phelps
Current Estimated Value
$1,645,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,500
Outstanding Balance
$797,082
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving
Estimated Equity
$848,224

Purchase Details

Listed on
Apr 13, 2012
Closed on
Aug 29, 2012
Sold by
Gregory Brenda Evelyn
Bought by
Phelps Patricia H and Lloyd Phelps E
Seller's Agent
David Tester
Marx-Bensdorf, REALTORS
Buyer's Agent
Katie Barrett
Keller Williams
List Price
$1,200,000
Sold Price
$1,069,500
Premium/Discount to List
-$130,500
-10.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.32%
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
Michael And Heather Phelps Living Trust $1,725,000 Realty Title & Escrow
Phelps Patricia H $1,069,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael And Heather Phelps Living Trust $806,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2012 08/30/12 Sold $1,069,500 -10.9% $122 / Sq Ft
08/21/2012 08/21/12 Pending -- -- --
04/13/2012 04/13/12 For Sale $1,200,000 -- $137 / 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 $7,512 $420,825 $99,750 $321,075
2024 $21,401 $315,650 $86,625 $229,025
2023 $10,701 $315,650 $86,625 $229,025
2022 $10,701 $315,650 $86,625 $229,025
2021 $10,890 $315,650 $86,625 $229,025
2020 $11,898 $293,775 $86,625 $207,150
2019 $11,898 $293,775 $86,625 $207,150
2018 $15,570 $293,775 $86,625 $207,150
2017 $15,746 $293,775 $86,625 $207,150
2016 $16,397 $284,175 $0 $0
2014 $12,418 $284,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Tester

    Seller's Agent in 2012

    David Tester

    Marx-Bensdorf, REALTORS

    (901) 351-3439

    137 Total Sales

    David Tester
    Section Image

  • J

    Seller Co-Listing Agent in 2012

    Jim Black

    Marx-Bensdorf, REALTORS

  • K

    Buyer's Agent in 2012

    Katie Barrett

    Keller Williams

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3245023

Memphis Area Association of REALTORS®

APN: L0-150B-A0-0033

Tennessee Shelby County Arlington 38002

3985 Forest Pointe Way, Arlington, TN

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