NOT LISTED FOR SALE

5275 Drummonds Rd Drummonds, TN 38023

Estimated Value: $484,373 - $551,000

4 Beds
3 Baths
3,000-3,199 Sq Ft
$161/Sq Ft Est. Value

Last Sold April 24, 2024

Last sale price $465,000 $145 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,859/month

32 Days on Market

Highlights

  • Lake On Lot
  • Waterfront
  • Community Lake
  • Sitting Area In Primary Bedroom
  • Landscaped Professionally
  • Vaulted Ceiling

About This Home

As of April 2024

Rare opportunity to own a luxury home with scenic views in unincorporated area! This 4 bed 3 bath home sits atop a picturesque 2.83 acre lot. Includes separate dining and breakfast rooms, office with built-ins, and extra large rooms throughout. Spacious primary suite with whirlpool tub, shower, double vanity, and large master closet. New paint, new carpet, new main HVAC unit, roof 2 yrs. Step outside to enjoy breathtaking sunrises on the back patio or sunsets on the front porch! No city taxes!

Last Agent to Sell the Property

Emily Kalmon

Collier REALTORS License #361290 Listed on: 03/08/2024

Last Buyer's Agent

Sharleen Sundin

Groome & Co. License #332104

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 2.83 Acre Lot
  • Waterfront
  • Wrought Iron Fence
  • Landscaped Professionally
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 3,170 Sq Ft Home
  • 1.5-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Water Views
  • Laundry Room
  • Attic

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Driveway

Outdoor Features

  • Lake On Lot
  • Covered Patio or Porch

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank

Community Details

  • Roy A Meadors Drummonds Rd Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 093 093 01409

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: ROY A MEADORS DRUMMONDS RD
  • Number Of Stories: 1.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3170
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room, Breakfast Room, Office
  • Second Story Floor Plan: 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedroom 2 Description: Level 1, Walk-In Closet, Shared Bath, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Private Full Bath, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Living Room, Gas Logs
  • Floors/Ceilings: Part Carpet, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Equipment: Double Oven, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Breakfast Bar, Separate Breakfast Room
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Walk-In Attic
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Internal Expansion Area, Attic
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Sitting Area, Vaulted/Coffered Ceiling, Tile Floor

Exterior Features

  • Misc Exterior: Porch, Patio, Covered Patio, Iron Fence
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Side-Load Garage

Utilities

  • Cooling: Central, 3 or More Systems
  • Heating: Central, Gas, 3 or More Systems
  • Water Sewer: Gas Water Heater, Public Water, Septic Tank

Association/Amenities

  • Neighborhood Amenities: Lake

Lot Info

  • Lot Description: Some Trees, Lake/Pond on Property, Water Frontage, Water View, Professionally Landscaped, Iron Fenced
  • Lot Number: 1
  • Acreage: 2.83
  • Lot Size: 2.83

Tax Info

  • Assessor Parcel Number: 093 093 01409

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 24, 2024
Sold by
Wicker Holly and Wicker Julia
Bought by
Parker Jimmy Logan and Parker Catherine Barganier
Seller's Agent
Emily Kalmon
Collier REALTORS
Buyer's Agent
Sharleen Sundin
Groome & Co.
List Price
$465,000
Sold Price
$465,000
Views
1483
Current Estimated Value
$516,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,093
Avg. Annual Appreciation
6.44%
Original Mortgage
$372,000
Outstanding Balance
$365,584
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$150,509

Purchase Details

Listed on
Jul 5, 2017
Closed on
Jul 28, 2017
Sold by
Meadors Michael L
Bought by
David Wicker
Seller's Agent
Joshua Hisaw
Keller Williams
Buyer's Agent
Vatresa Word
Delta Realty Group LLC
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%

Purchase Details

Closed on
Oct 17, 2005
Sold by
Meadors Roy A
Bought by
Meadors Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
5.71%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Parker Jimmy Logan $465,000 Edco Title & Closing Services
David Wicker $290,000 --
Meadors Michael L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Jimmy Logan $372,000
Previous Owner Meadors Michael L $218,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2024 04/24/24 Sold $465,000 0.0% $155 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $465,000 +60.3% $155 / Sq Ft
07/28/2017 07/28/17 Sold $290,000 -3.3% $97 / Sq Ft View Prior Sale
07/16/2017 07/16/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $300,000 -- $100 / 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 $1,863 $122,400 $0 $0
2024 $1,863 $122,400 $9,800 $112,600
2023 $1,863 $122,400 $9,800 $112,600
2022 $1,742 $85,375 $7,200 $78,175
2021 $1,742 $85,375 $7,200 $78,175
2020 $1,741 $85,375 $7,200 $78,175
2019 $1,762 $72,825 $6,175 $66,650
2018 $1,762 $72,825 $6,175 $66,650
2017 $1,762 $72,825 $6,175 $66,650
2016 $1,762 $72,825 $6,175 $66,650
2015 $1,760 $72,825 $6,175 $66,650
2014 $1,760 $72,826 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Emily Kalmon

    Seller's Agent in 2024

    Emily Kalmon

    Collier REALTORS

    (901) 504-8839

    95 Total Sales

    Emily Kalmon
    Section Image
  • Sharleen Sundin

    Buyer's Agent in 2024

    Sharleen Sundin

    Groome & Co.

    (901) 493-8069

    86 Total Sales

    Sharleen Sundin
    Section Image
  • Joshua Hisaw

    Seller's Agent in 2017

    Joshua Hisaw

    Keller Williams

    (901) 459-3423

    257 Total Sales

    Joshua Hisaw
    Section Image

  • L

    Seller Co-Listing Agent in 2017

    Laurie Cooper

    Real Estate Agency

    (901) 409-3265

    191 Total Sales

    Laurie Cooper
    Section Image

  • V

    Buyer's Agent in 2017

    Vatresa Word

    Delta Realty Group LLC

    (901) 453-0677

    17 Total Sales

    Vatresa Word
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10167426

Memphis Area Association of REALTORS®

APN: 093-014.09

Tennessee Tipton County Drummonds 38023

5275 Drummonds Rd, Drummonds, TN

Not Listed for Sale

Detached

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