NOT LISTED FOR SALE

491 S Shady Grove Rd Memphis, TN 38120

River Oaks Neighborhood

Estimated Value: $1,569,000 - $1,634,000

5 Beds
4 Baths
5,500-5,999 Sq Ft
$266/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $965,000 $161 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,144/month

195 Days on Market

Highlights

  • In Ground Pool
  • Updated Kitchen
  • Landscaped Professionally
  • White Station High Rated A
  • 1.1 Acre Lot
  • Living Room with Fireplace

About This Home

As of July 2020

An inviting circle drive welcomes you to this wood shingled cape cod 5BR 4BA River Oaks landmark, designed by noted architect Oscar Menzer. A light & bright interior with rich hardwood & brick floors provides a timeless aesthetic, equal parts beautiful & functional. A star of the home is the spacious, totally renovated kitchen with custom cabinets, quartzite tops, 5'x10' island, & GE Monogram appls incl 48" range with the endearing original copper vent hood. Charming lower den, MBR dn, much more

Last Agent to Sell the Property

Judy McLellan

Crye-Leike, Inc., REALTORS License #16362 Listed on: 11/20/2019

Crye-Leike, Inc., REALTORS

Co-Listed By

Mickey McLellan

Crye-Leike, Inc., REALTORS License #202427

Last Buyer's Agent

Christina Morris

Hobson, REALTORS License #327463

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,931

Year Built

  • Built in 1970

Lot Details

  • 1.1 Acre Lot
  • Landscaped Professionally
  • Sprinklers on Timer
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Wood Roof
  • Pier And Beam

Interior Spaces

  • 5,500-5,999 Sq Ft Home
  • 5,707 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Fireplace Features Masonry
  • Gas Fireplace
  • Some Wood Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Room
  • Den with Fireplace
  • Library
  • Bonus Room with Fireplace
  • Play Room
  • Partial Basement
  • Laundry Room
  • Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Brick
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Burglar Security System
  • Storm Doors
  • Fire and Smoke Detector
  • Termite Clearance
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Courtyard
  • Patio

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • River Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 080021 00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,931

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: E SHADY GROVE
  • MLS Map #: 782C
  • MAAR Subdivision Name: RIVER OAKS
  • List Price Per Sq Ft: 192
  • Number Of Stories: 2
  • Price Per Sq Ft: 169.09
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 5707
  • Termite Contract: Yes
  • Year Built: 1970
  • 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, 2 or More Baths, Laundry Room, Office
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room
  • Additional Bedroom Bathroom Info: Primary Down, Renovated Bathroom, Double Vanity Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 5500 - 5999
  • Bedroom 2 Description: Level 2, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 5 Description: Level 2, Walk-In Closet, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Fireplace: Masonry, Vented Gas Fireplace, In Living Room, In Den/Great Room, In Other Room
  • Floors/Ceilings: Hardwood Throughout, Brick Floor, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 4
  • Equipment: Range/Oven, Self Cleaning Oven, Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Separate Ice Maker
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen
  • Misc Interior: Wet Bar, Walk-In Closet(s), Walk-In Attic, Security System, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 3
  • Other Rooms: Laundry Room, Library/Study, Play Room, Entry Hall, Attic
  • Total Bathrooms: 4
  • Primary Bathroom Description: Double Sinks, Separate Shower, Dressing Area, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Auto Lawn Sprinkler, Pool Cleaning Equipment, Patio, Courtyard, Wooded Grounds
  • Exterior Windows: Wood/Composition, Stone, Wood Window(s), Storm Door(s)
  • Foundation: Conventional, Partial Basement
  • Pool Description: In Ground
  • Roof: Wood/Shake

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Circular Drive, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Gas
  • Security: Burglar Alarm, Smoke Detector(s), Iron Door(s), Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Lot Info

  • Lot Description: Wooded, Professionally Landscaped
  • Acreage: 1.1
  • Lot Size: 1.10
  • Price Per Acre: 995455

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: 080021 00017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2019
Closed on
Jul 9, 2020
Sold by
Kirk Robert Carter and Kirk Jodi H
Bought by
Bobo Blaire and Bobo Samuel Taylor
Seller's Agent
Judy McLellan
Crye-Leike, Inc., REALTORS
Buyer's Agent
Christina Morris
Hobson, REALTORS
List Price
$1,095,000
Sold Price
$965,000
Premium/Discount to List
-$130,000
-11.87%
Current Estimated Value
$1,366,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,794
Avg. Annual Appreciation
10.40%
Original Mortgage
$665,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 16, 2015
Closed on
Apr 22, 2016
Sold by
Miller Mary Jane Greene
Bought by
Kirk Robert Carter and Kirk Jodi H
Seller's Agent
Richard Howle
Keller Williams
Buyer's Agent
Leslie Carter
Ware Jones, REALTORS
List Price
$1,195,000
Sold Price
$750,000
Premium/Discount to List
-$445,000
-37.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$417,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 23, 2007
Sold by
Miller Mary Jane Green
Bought by
Miller Mary Jane Greene and The Mary Jane Greene Miller Living Trust

Purchase Details

Closed on
Jul 1, 1997
Sold by
Sanders Reid and Sanders Chris S
Bought by
Miller Mary Jane Green

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.92%
Mortgage Type
Credit Line Revolving
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
Bobo Blaire $965,000 Realty Title
Kirk Robert Carter $750,000 None Available
Miller Mary Jane Greene -- None Available
Miller Mary Jane Green $775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bobo Samuel T $3,034,500
Closed Bobo Samuel Taylor $650,000
Closed Bobo Samuel T $499,636
Closed Bobo Blaire $665,000
Previous Owner Kirk Robert Carter $615,000
Previous Owner Kirk Robert Carter $417,000
Previous Owner Kirk Robert C $130,000
Previous Owner Miller Mary Jane Green $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $965,000 -11.9% $175 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
11/20/2019 11/20/19 For Sale $1,095,000 +46.0% $199 / Sq Ft
04/22/2016 04/22/16 Sold $750,000 -37.2% $136 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
09/16/2015 09/16/15 For Sale $1,195,000 -- $217 / 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 $7,931 $329,450 $121,475 $207,975
2024 $7,931 $233,950 $121,475 $112,475
2023 $14,251 $233,950 $121,475 $112,475
2022 $14,251 $233,950 $121,475 $112,475
2021 $16,938 $233,950 $121,475 $112,475
2020 $14,715 $203,075 $121,475 $81,600
2019 $6,490 $203,075 $121,475 $81,600
2018 $6,490 $203,075 $121,475 $81,600
2017 $6,644 $203,075 $121,475 $81,600
2016 $7,886 $180,450 $0 $0
2014 $7,886 $180,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Judy McLellan

    Seller's Agent in 2020

    Judy McLellan

    Crye-Leike, Inc., REALTORS

    (901) 277-5839

    43 in this area

    389 Total Sales

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  • M

    Seller Co-Listing Agent in 2020

    Mickey McLellan

    Crye-Leike, Inc., REALTORS

    (901) 277-5840

    34 in this area

    273 Total Sales

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  • Christina Morris

    Buyer's Agent in 2020

    Christina Morris

    Hobson, REALTORS

    (901) 277-1699

    3 in this area

    69 Total Sales

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  • R

    Seller's Agent in 2016

    Richard Howle

    Keller Williams

    (901) 683-5000

    29 Total Sales

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  • Leslie Carter

    Buyer's Agent in 2016

    Leslie Carter

    Ware Jones, REALTORS

    (901) 412-7654

    16 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10066467

Memphis Area Association of REALTORS®

APN: 08-0021-0-0017

Tennessee Shelby County Memphis 38120 River Oaks

491 S Shady Grove Rd, Memphis, TN

This home is located at 491 S Shady Grove Rd, Memphis, TN 38120 since 20 November 2019 and is currently estimated at $1,593,528, approximately $265 per square foot. This property was built in 1970. 491 S Shady Grove Rd is a home located in Shelby County with nearby schools including Balmoral Ridgeway Elementary School, Ridgeway Middle School, and White Station High.

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