NOT LISTED FOR SALE

450 River Oaks Place Memphis, TN 38120

River Oaks Neighborhood

Estimated Value: $699,259 - $909,000

4 Beds
3.5 Baths
3,600 Sq Ft
$217/Sq Ft Est. Value

Last Sold January 31, 2013

Last sale price $400,000 $111 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,916/month

930 Days on Market

Highlights

  • Gated with Attendant
  • Landscaped Professionally
  • Living Room with Fireplace
  • White Station High Rated A
  • Deck
  • Wooded Lot

About This Home

As of January 2013

Handsome brick trad. on gorgeous wooded & landscaped lot inside gated Gardens of River Oaks!MRB down,3 br up,Large LR w/FP,DR,Den w/Fp open to Kitchen.Slate floors w/ wood in LR.Brand new carpet and paint!2 decks overlook incredible yard.Priced right.

Last Agent to Sell the Property

Jennifer & Joel Hobson

Hobson, REALTORS License #24371 Listed on: 05/04/2010

Last Buyer's Agent

Jennifer & Joel Hobson

Hobson, REALTORS License #24371 Listed on: 05/04/2010

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,785

Year Built

  • Built in 1985

Lot Details

  • 0.44 Acre Lot
  • Wood Fence
  • Landscaped Professionally
  • Sprinklers on Timer
  • Wooded Lot

HOA Fees

  • $217 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 3,600 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den with Fireplace
  • Keeping Room
  • Termite Clearance
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 080023 L00084

Community Details

Overview

  • Gardens Of River Oaks P D Phase 1 Rerec Subdivision
  • Mandatory home owners association

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,785

Year Built

Built in 1985

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: RIVER OAKS RD
  • MLS Map #: 782C
  • MAAR Subdivision Name: RIVER OAKS
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 111.11
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3600
  • Termite Contract: Yes
  • Year Built: 1985
  • 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, 1 1/2 Bath, Laundry Room, Keeping/Hearth Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: Primary Down, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: Not Available
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: In Living Room, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Slate, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Double Oven, Cooktop, Disposal, Dishwasher, Trash Compactor, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Eat-In Kitchen, Pantry, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s)
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room
  • Total Bathrooms: 3.1

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Deck, Guarded Gate
  • Exterior Windows: Brick Veneer
  • Foundation: Slab, Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Front-Load Garage

Utilities

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

Association/Amenities

  • Annual Association Fee: 2600
  • Neighborhood Amenities: Gated Neighborhood
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Wooded, Professionally Landscaped, Wood Fenced
  • Lot Number: 66
  • Acreage: 0.44
  • Lot Size: 0.4489AC 50/81.43X114.44/299.72IRR

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 080023 L00084

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2010
Closed on
Jan 31, 2013
Sold by
Hughes Burr D
Bought by
Preston Thomas Foster and Preston Kara Kilpatrick
Seller's Agent
Jennifer & Joel Hobson
Hobson, REALTORS
Buyer's Agent
Jennifer & Joel Hobson
Hobson, REALTORS
List Price
$595,000
Sold Price
$400,000
Premium/Discount to List
-$195,000
-32.77%
Current Estimated Value
$785,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,314
Avg. Annual Appreciation
5.76%
Original Mortgage
$320,000
Outstanding Balance
$226,511
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$580,655
Source: Public Records

Range of Values:

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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
Preston Thomas Foster $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preston Thomas Foster $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2013 01/31/13 Sold $400,000 -32.8% $111 / Sq Ft
11/19/2012 11/19/12 Pending -- -- --
05/04/2010 05/04/10 For Sale $595,000 -- $165 / 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 $4,785 $169,025 $65,975 $103,050
2024 $4,785 $141,150 $65,975 $75,175
2023 $8,598 $141,150 $65,975 $75,175
2022 $8,598 $141,150 $65,975 $75,175
2021 $8,699 $141,150 $65,975 $75,175
2020 $8,568 $118,250 $65,975 $52,275
2019 $8,568 $118,250 $65,975 $52,275
2018 $8,568 $118,250 $65,975 $52,275
2017 $4,860 $118,250 $65,975 $52,275
2016 $4,949 $113,250 $0 $0
2014 $4,949 $113,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer & Joel Hobson

    Seller's Agent in 2013

    Jennifer & Joel Hobson

    Hobson, REALTORS

    (901) 482-2929

    14 in this area

    189 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3198113

Memphis Area Association of REALTORS®

APN: 08-0023-L0-0084

Tennessee Shelby County Memphis 38120 River Oaks

450 River Oaks Place, Memphis, TN

This home is located at 450 River Oaks Place, Memphis, TN 38120 since 04 May 2010 and is currently estimated at $781,065, approximately $216 per square foot. This property was built in 1985. 450 River Oaks Place 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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