NOT LISTED FOR SALE

Estimated Value: $1,519,000 - $2,309,836

4 Beds
6 Baths
6,000-6,999 Sq Ft
$279/Sq Ft Est. Value

Last Sold April 03, 2014

Last sale price $1,650,000 $236 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $11,551/month

Highlights

  • Detached Guest House
  • Second Kitchen
  • Pool House
  • White Station High Rated A
  • Tennis Courts
  • 1.71 Acre Lot

About This Home

As of April 2014

New price-reduced $145,000! Charming Southern Colonial on 1.71 acres w/ Pool,Tennis ct,Guesthouse.MBR + another Br dn,2BR/2BA up.LR w/FP.Open Kitchen/Den w/FP,39'Playroom,Exercise/TV rm.Triple garage.1100 SF Guesthouse w/vaulted Living rm w/FP ,Kit & BR.

Last Agent to Sell the Property

Jennifer & Joel Hobson

Hobson, REALTORS License #24371 Listed on: 10/22/2013

Last Buyer's Agent

Corinne Adrian

Sowell, Realtors License #236902

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,220

Year Built

  • Built in 1940

Lot Details

  • 1.71 Acre Lot
  • Lot Dimensions are 200 x 373
  • Dog Run
  • Sprinklers on Timer
  • Wooded Lot

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 6,000-6,999 Sq Ft Home
  • 6,634 Sq Ft Home
  • 1.5-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Some Wood Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Room
  • Den with Fireplace
  • Library
  • Bonus Room with Fireplace
  • Play Room
  • Screened Porch
  • Storage Room
  • Laundry Room
  • Keeping Room
  • Attic Access Panel

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Monitored
  • Termite Clearance

Parking

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

Pool

  • Pool House
  • In Ground Pool
  • Spa
  • Pool Equipment or Cover

Outdoor Features

  • Tennis Courts
  • Outdoor Storage

Additional Homes

  • Detached Guest House

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Water Heater
  • Satellite Dish

Community Details

  • Gwynne Ave Subdivision

Listing and Financial Details

  • Assessor Parcel Number 057001 00035

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,220

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional, Colonial
  • Detached Unit Type: General Residential
  • Cross Street: CHERRY
  • MLS Map #: 755F
  • MAAR Subdivision Name: BELLE MEADE
  • Freestanding: Yes
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 248.72
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 6634
  • Termite Contract: Yes
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room
  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 6000 - 6999
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: In Living Room, In Den/Great Room, In Other Room, Gas Starter
  • Floors/Ceilings: Part Hardwood, Part Carpet, 9 or more Ft. Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Equipment: Self Cleaning Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Instant Hot Water, Satellite Dish, Separate Ice Maker
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Breakfast Bar, Pantry, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Attic Access, Rear Stairs to Playroom, Security System, Monitored Alarm
  • Number Of Fireplaces: 3
  • Other Rooms: Laundry Room, Library/Study, Play Room, In-Law Quarters, Separate Guest House, 2nd Kitchen, Entry Hall
  • Total Bathrooms: 4.2

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Pool Cleaning Equipment, Dog Run, Storage Building, Screen Porch, Pool House, Hot Tub, Tennis Court
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s)
  • Foundation: Conventional
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Storage Room(s), Garage Door Opener(s), Side-Load Garage

Utilities

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

Lot Info

  • Lot Description: Wooded
  • Lot Number: E PT 7
  • Acreage: 1.71
  • Keeping Hearth Dimension: 20x22
  • Lot Size: 200 X 373

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: 057001 00035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2013
Closed on
Apr 3, 2014
Sold by
Mcgehee Stuart C
Bought by
Gallagher Matthew G and Gallagher Sarah W
Seller's Agent
Jennifer & Joel Hobson
Hobson, REALTORS
Buyer's Agent
Corinne Adrian
Sowell, Realtors
List Price
$1,790,000
Sold Price
$1,650,000
Premium/Discount to List
-$140,000
-7.82%
Current Estimated Value
$1,953,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,279
Avg. Annual Appreciation
1.47%
Original Mortgage
$990,000
Outstanding Balance
$752,302
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$1,200,977

Purchase Details

Closed on
Jun 21, 2002
Sold by
Mcgehee Kathryn B
Bought by
Mcgehee Stuart C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.86%

Purchase Details

Closed on
Apr 3, 1998
Sold by
Glotzbach Raymond E and Glotzbach Polly L
Bought by
Mcgehee Stuart C and Mcgehee Kathryn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.06%
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
Gallagher Matthew G $1,650,000 Fntg
Mcgehee Stuart C -- --
Mcgehee Stuart C $2,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Matthew G $990,000
Previous Owner Mcgehee Stuart C $1,000,000
Previous Owner Mcgehee Stuart C $1,000,000
Closed Mcgehee Stuart C $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2014 04/03/14 Sold $1,650,000 -7.8% $275 / Sq Ft
01/30/2014 01/30/14 Pending -- -- --
10/22/2013 10/22/13 For Sale $1,790,000 -- $298 / 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 $14,220 $507,575 $239,350 $268,225
2024 $14,220 $419,475 $173,450 $246,025
2023 $25,553 $419,475 $173,450 $246,025
2022 $25,553 $419,475 $173,450 $246,025
2021 $25,852 $419,475 $173,450 $246,025
2020 $23,549 $325,000 $173,450 $151,550
2019 $23,549 $325,000 $173,450 $151,550
2018 $23,549 $325,000 $173,450 $151,550
2017 $17,695 $430,525 $173,450 $257,075
2016 $15,138 $346,400 $0 $0
2014 $15,138 $346,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3283905

Memphis Area Association of REALTORS®

APN: 05-7001-0-0035