NOT LISTED FOR SALE

508 Sagewood Dr Collierville, TN 38017

Estimated Value: $519,406 - $542,000

5 Beds
4 Baths
3,400-3,599 Sq Ft
$149/Sq Ft Est. Value

Last Sold July 26, 2013

Last sale price $287,900 $80 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,199/month

12 Days on Market

Highlights

  • Updated Kitchen
  • Deck
  • Wood Flooring
  • Tara Oaks Elementary School Rated A
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of July 2013

Great family home! 5 BR 4BA Open floor plan, Hearth Room, Play room, Master suite down & one Bedroom/Office. Nice Porch on side. Big back deck. Great schools nearby. Kitchen & Master Bath remodeled w/granite & travertine tile.

Last Agent to Sell the Property

Bruce Johnson

mlsAssist License #55460 Listed on: 06/10/2013

Last Buyer's Agent

Jennie Sampson

Crye-Leike, Inc., REALTORS License #236055

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,490

Year Built

  • Built in 1997

Lot Details

  • 0.31 Acre Lot
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped
  • Sprinklers on Timer
  • Few Trees

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 3,400-3,599 Sq Ft Home
  • 3,468 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Keeping Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Double Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Outdoor Storage
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number C0245X D00004

Community Details

Overview

  • Planters Ridge Pd Sec 2 Subdivision
  • Mandatory home owners association

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,490

Year Built

Built in 1997

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: PLANTERS RIDGE
  • MLS Map #: 873E
  • MAAR Subdivision Name: PLANTERS RIDGE PH2
  • Number Of Stories: 2
  • Price Per Sq Ft: 83.02
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3468
  • Termite Contract: Yes
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Keeping/Hearth Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Renovated Bathroom, Luxury Primary Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 3400-3599
  • Bedroom 2 Description: Level 1, Walk-In Closet, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 2, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Prefabricated, Vented Gas Fireplace, Presently Inoperative, In Living Room
  • Floors/Ceilings: Part Hardwood, Wood Laminate Floors, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 4
  • Equipment: Range/Oven, Self Cleaning Oven, Double Oven, Disposal, Dishwasher, Microwave, Cable Wired, Satellite Dish
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Separate Breakfast Room, Pantry, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Attic Access, Walk-In Attic, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall
  • Total Bathrooms: 4
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Storage Building, Porch, Deck, Nbrhd Recreation Facility
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Double Pane Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Central, Gas, Dual System
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 150
  • Neighborhood Amenities: Recreation Facilities
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Landscaped, Wood Fenced, Iron Fenced
  • Lot Number: 74
  • Acreage: 0.31
  • Keeping Hearth Dimension: 16x14
  • Lot Size: 13500 SF 90 X 150

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: C0245X D00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2013
Closed on
Jul 22, 2013
Sold by
Mann Joshua and Mann Bonnie
Bought by
Lipke Heather C
Seller's Agent
Bruce Johnson
mlsAssist
Buyer's Agent
Jennie Sampson
Crye-Leike, Inc., REALTORS
List Price
$287,900
Sold Price
$287,900
Current Estimated Value
$535,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,702
Avg. Annual Appreciation
5.26%
Original Mortgage
$273,505
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2011
Sold by
Fannie Mae
Bought by
Mann Joshua and Mann Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,400
Interest Rate
4.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2011
Sold by
Smith Christopher T and Smith Tracy R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 30, 2008
Sold by
Elzen Walter Rodney and Elzen Jonna M
Bought by
Smith Christopher T and Smith Tracy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,350
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
May 30, 1997
Sold by
Peters Mary
Bought by
Elzen Walter Rodney and Elzen Jonna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
8.01%
Mortgage Type
Purchase Money Mortgage
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
Lipke Heather C $287,900 --
Mann Joshua $232,000 Realty Title & Escrow Co Inc
Federal National Mortgage Association $242,599 None Available
Smith Christopher T $313,000 None Available
Elzen Walter Rodney $235,000 Security Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipke Heather C $100,000
Open Lipke Heather C $263,500
Closed Lipke Heather C $273,505
Previous Owner Mann Joshua $220,400
Previous Owner Smith Christopher T $297,350
Previous Owner Elzen Walter Rodney $250,000
Previous Owner Elzen Walter R $36,900
Previous Owner Elzen Walter R $36,900
Previous Owner Elzen Walter Rodney $25,000
Previous Owner Elzen Walter Rodney $225,000
Previous Owner Elzen Walter Rodney $25,157
Previous Owner Elzen Walter Rodney $223,200
Previous Owner Peters Mary Alice $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2013 07/26/13 Sold $287,900 0.0% $85 / Sq Ft
06/22/2013 06/22/13 Pending -- -- --
06/10/2013 06/10/13 For Sale $287,900 -- $85 / 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 $3,490 $140,700 $13,400 $127,300
2024 $3,490 $102,950 $13,400 $89,550
2023 $5,384 $102,950 $13,400 $89,550
2022 $5,261 $102,950 $13,400 $89,550
2021 $5,323 $102,950 $13,400 $89,550
2020 $4,983 $84,750 $13,400 $71,350
2019 $3,432 $84,750 $13,400 $71,350
2018 $3,432 $84,750 $13,400 $71,350
2017 $3,483 $84,750 $13,400 $71,350
2016 $2,989 $68,400 $0 $0
2014 $2,989 $68,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3273749

Memphis Area Association of REALTORS®

APN: C0-245X-D0-0004