NOT LISTED FOR SALE

40 Twin Lakes Rd Collierville, TN 38017

Estimated Value: $887,293 - $1,052,000

4 Beds
3.5 Baths
4,000-4,499 Sq Ft
$212/Sq Ft Est. Value

Last Sold August 23, 2018

Last sale price $655,000 $146 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,489/month

Highlights

  • Home Theater
  • Waterfront
  • Vaulted Ceiling
  • Updated Kitchen
  • Landscaped Professionally
  • Traditional Architecture

About This Home

As of August 2018

Stunning hm-magnificent lake lot w mature trees & expansive views! Wide front porch, Great rm w rich HW flrs, beamed ceilings,plantation shutters,limestone mantle! Elegant DR, butlers pantry w granite, Fab Kit- painted Cab, huge island w granite, glass tile mosaic backsplash, Stainless Steel Appl. Incl. 5 Burner Gas cooktop. Spacious Bfst rm o’looks lake! Gorgeous MBR dn w HW & plantation shutters & lg Lux BA! BR 2 & 3 dn, BR 4 plus media rm & spectacular game rm up!Covered veranda & Lake views!

Last Agent to Sell the Property

Barbie Dan

Ware Jones, REALTORS License #248919 Listed on: 07/11/2018

Ware Jones, REALTORS

Last Buyer's Agent

Gail Johnsey

eXp Realty, LLC License #304908

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,094

Year Built

  • Built in 2011

Lot Details

  • Waterfront
  • Landscaped Professionally
  • Level Lot
  • Sprinklers on Timer
  • Few Trees

HOA Fees

  • $68 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,000-4,499 Sq Ft Home
  • 4,318 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Den with Fireplace
  • Bonus Room
  • Play Room
  • Keeping Room
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 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

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

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

Community Details

  • Twin Lakes Of Piperton Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 164E 164E A02500

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,094

Year Built

Built in 2011

Lot Details

0

HOA Fees

$68 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: 162
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 151.69
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4318
  • Year Built: 2011
  • 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, 3rd Bedroom, 2 or More Baths, Laundry Room, Keeping/Hearth Room, Breakfast Room
  • Second Story Floor Plan: 4th or More Bedrooms, 1 Bath, Play Room/Rec Room, Bonus 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, Full Bath Down
  • Estimated Heated Sq Ft Range: 4000-4499
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Private Full Bath, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room, Gas Starter
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Double Oven, Cooktop, Gas Cooking, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Attic Access, Walk-In Attic, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Play Room, Bonus Room, Entry Hall, Media Room
  • Total Bathrooms: 3.1
  • 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, Vaulted/Coffered Ceiling, Smooth Ceiling, Hardwood Floor

Exterior Features

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

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 3
  • Parking Display: 3A
  • Parking Storage: More than 3 Coverd Spaces, Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central, Gas, Dual System
  • Security: Burglar Alarm, Monitored Alarm System, Smoke Detector(s)
  • Water Sewer: Gas Water Heater, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 820
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Water Frontage, Professionally Landscaped
  • Lot Number: 47
  • Keeping Hearth Dimension: 16x20
  • Lot Size: 24,891 SQ FT

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 164E 164E A02500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2018
Closed on
Aug 23, 2018
Sold by
Mard Joseph B
Bought by
Johnson Wanda L
Seller's Agent
Barbie Dan
Ware Jones, REALTORS
Buyer's Agent
Gail Johnsey
eXp Realty, LLC
List Price
$699,000
Sold Price
$655,000
Premium/Discount to List
-$44,000
-6.29%
Current Estimated Value
$953,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,323
Avg. Annual Appreciation
5.56%

Purchase Details

Listed on
Aug 28, 2011
Closed on
Jun 18, 2013
Sold by
Magnolia Homes Inc
Bought by
Mard Joseph B
Seller's Agent
Terry Pettinato
BHHS Taliesyn Realty
Buyer's Agent
Terry Pettinato
BHHS Taliesyn Realty
List Price
$629,999
Sold Price
$620,000
Premium/Discount to List
-$9,999
-1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.07%
Original Mortgage
$557,380
Interest Rate
4.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 2007
Bought by
Magnolia Homes Inc
Source: Public Records

Range of Values:

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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
Johnson Wanda L $655,000 Nexus Title & Escrow Llc
Mard Joseph B $620,000 --
Magnolia Homes Inc $810,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mard Joseph B $540,000
Previous Owner Mard Joseph B $557,380
Previous Owner Magnolia Homes Inc $472,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2018 08/23/18 Sold $655,000 -6.3% $164 / Sq Ft
08/03/2018 08/03/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $699,000 +12.7% $175 / Sq Ft
06/18/2013 06/18/13 Sold $620,000 -1.6% $155 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
08/28/2011 08/28/11 For Sale $629,999 -- $157 / 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 $4,094 $158,475 $32,500 $125,975
2023 $4,094 $158,475 $0 $0
2022 $2,550 $158,475 $32,500 $125,975
2021 $2,550 $158,475 $32,500 $125,975
2020 $2,594 $158,475 $32,500 $125,975
2019 $2,594 $137,800 $32,500 $105,300
2018 $2,594 $137,800 $32,500 $105,300
2017 $2,594 $137,800 $32,500 $105,300
2016 $2,565 $127,375 $27,500 $99,875
2015 $2,565 $127,375 $27,500 $99,875
2014 $2,565 $127,375 $27,500 $99,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10031526

Memphis Area Association of REALTORS®

APN: 164E-A-025.00