NOT LISTED FOR SALE

4278 Ridge Water Rd Louisville, TN 37777

Estimated Value: $1,300,933 - $1,436,000

4 Beds
3.5 Baths
3,114 Sq Ft
$443/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $775,000 $249 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $7,896/month

2 Days on Market

Highlights

  • 2.05 Acre Lot
  • Contemporary Architecture
  • Separate Formal Living Room
  • Middle Settlements Elementary School Rated A-
  • 1 Fireplace
  • Great Room

About This Home

As of December 2020

Positioned on a beautiful 2 acre lot this one-of-a-kind, better than new, custom built home is all brick, close to the lake, and boast 5+ garage bays. This impressive home features a dramatic great room with vaulted/beamed ceilings a soaring stacked stone fireplace, split/bed floor plan, higher end kitchen. and real hardwoods throughout the main level. The huge back covered/ screened-in porch adds an additional nearly 400 square feet of 3+ season living space, overlooking the private oasis back yard. Additionally, the owner has added an oversized 2 bay detached garage for a boat/truck/car storage or workshop. There are 3 bedrooms on the main level with an upstairs 4th bed bath or bonus area. There is even more garage utility storage for large yard equipment, etc on the lower level.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,430

Year Built

  • Built in 2018

Lot Details

  • 2.05 Acre Lot
  • Level Lot

Parking

  • 5 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Stone Siding

Interior Spaces

  • 3,114 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Great Room
  • Separate Formal Living Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Zoned Heating System
  • Heating System Uses Propane
  • Heat Pump System

Community Details

  • Ridgewater Subdivision

Listing and Financial Details

  • Assessor Parcel Number 014 01929 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,430

Year Built

Built in 2018

Lot Details

0

Parking

5

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 2018
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Gas Range, Dishwasher, Disposal, Microwave, Range, Oven
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: None, Crawl Space
  • Above Grade Finished Sq Ft: 3114
  • Building Area Units: Square Feet
  • Living Area: 3114
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Frame, Stone, Other, Brick
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Topography: Private,Corner Lot,Level
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 5
  • Garage Spaces: 5
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Attached
  • Total Parking Spaces: 5

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Other
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump, Propane, Zoned, Other
  • Heating Yn: Yes
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Private, Corner Lot, Level
  • Lot Size Acres: 2.05
  • Lot Size Units: Acres
  • Parcel #: 014 01929 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3430

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2020
Closed on
Dec 14, 2020
Sold by
Morrison Richard L and Morrison Dolores
Bought by
Morrison Family Trust
List Price
$775,000
Sold Price
$775,000
Current Estimated Value
$1,378,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$603,233
Avg. Annual Appreciation
12.91%
Original Mortgage
$465,000
Outstanding Balance
$414,941
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$963,292

Purchase Details

Listed on
Oct 25, 2020
Closed on
Dec 7, 2020
Sold by
Minich Shelley R
Bought by
Morrison Richard L and Morrison Family Tr
List Price
$775,000
Sold Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Outstanding Balance
$414,941
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$963,292

Purchase Details

Listed on
Oct 8, 2018
Closed on
Nov 9, 2018
Sold by
Marshall Builders Inc
Bought by
Minich Shelley R and Minich Stephen D
Seller's Agent
Tim Ivens
Tim Ivens Real Estate & Development
List Price
$579,900
Sold Price
$560,000
Premium/Discount to List
-$19,900
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.00%

Purchase Details

Closed on
Aug 4, 2017
Bought by
Marshall Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2013
Sold by
Mowery Don and Mowery Elaine Joint
Bought by
Verbos Marcus Tr

Purchase Details

Closed on
Dec 30, 2010
Sold by
Mowery Donald L
Bought by
Mowery Don

Purchase Details

Closed on
Jan 5, 2010
Sold by
Baker Michael G
Bought by
Mowery Donald L

Purchase Details

Closed on
Apr 19, 2002
Bought by
Lester Ronnie W and Lester Ellen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
7.16%
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
Morrison Family Trust -- Tallent Title
Morrison Richard L $775,000 --
Minich Shelley R $560,000 --
Marshall Builders Inc $40,000 --
Verbos Marcus Tr -- --
Verbos Marcus Tr -- --
Mowery Don -- --
Mowery Donald L $75,000 --
Lester Ronnie W $68,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Richard L $465,000
Previous Owner Marhsall Builders Inc $300,000
Previous Owner Lester Ronnie W $47,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2020 12/07/20 Sold $775,000 0.0% $249 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/25/2020 10/25/20 For Sale $775,000 +38.4% $249 / Sq Ft
11/13/2018 11/13/18 Sold $560,000 -3.4% $185 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
10/08/2018 10/08/18 For Sale $579,900 -- $192 / Sq Ft
Source: Realtracs

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 $4,815 $302,850 $27,000 $275,850
2023 $4,815 $302,850 $27,000 $275,850
2022 $3,430 $138,875 $11,325 $127,550
2021 $3,430 $138,875 $11,325 $127,550
2020 $3,430 $138,875 $11,325 $127,550
2019 $3,294 $138,875 $11,325 $127,550
2018 $1,439 $58,250 $12,575 $45,675
2017 $311 $12,575 $12,575 $0
2016 $311 $12,575 $12,575 $0
2015 $270 $12,575 $12,575 $0
2014 $290 $12,575 $12,575 $0
2013 $290 $13,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2977630

Realtracs

APN: 014-019.29