NOT LISTED FOR SALE

550 River Cliff Ln Counce, TN 38326

Estimated Value: $1,145,000 - $2,566,000

3 Beds
3 Baths
2,800-2,999 Sq Ft
$566/Sq Ft Est. Value

Sale Details

Date Sold: May 8, 2015

Last sale price $1,275,000 $425 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $9,798 / mo

324 Days on Market

Highlights

  • Two Primary Bedrooms
  • Two Primary Bathrooms
  • Community Lake
  • Waterfront
  • Landscaped Professionally
  • Deck

About This Home

As of May 2015

Fabulous waterfront estate with awesome views and extensive landscaping. 3 or 4 BR, 3 BA with open kitchen/living/dining comes completely furnished with many one of a kind items. 2 covered boat slips in the private marina. A rare find in a prestigious location.

Last Agent to Sell the Property

Tim Spellings

Duane Wright Realty License #220191 Listed on: 05/24/2014

Last Buyer's Agent

Tim Spellings

Duane Wright Realty License #220191 Listed on: 05/24/2014

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 125x138x200x221
  • Waterfront
  • Landscaped Professionally
  • Sprinklers on Timer
  • Few Trees

Parking

  • Circular Driveway

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Stone Exterior Construction

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,936 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Den with Fireplace
  • Loft
  • Bonus Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector
  • Iron Doors

Outdoor Features

  • Water Access
  • Deck

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • River Cliff Subdivision
  • Mandatory Home Owners Association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 173E A 019.00

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0.86 Acres

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: River Cliff
  • List Price Per Sq Ft: 511
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2936
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Second Story Floor Plan: Bonus Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Two Primaries, Luxury Primary Bath, 2 Full Primary Baths
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Prefabricated, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Double Oven, Cooktop, Disposal, Dishwasher, Microwave, Trash Compactor, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: LR/DR Combination, Eat-In Kitchen, Breakfast Bar, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Loft/Balcony
  • P R I M A R Y B E D R O O M: Level 1, Full Bath

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Auto Lawn Sprinkler, Deck
  • Exterior Windows: Wood/Composition, Stone, Double Pane Window(s), Storm Door(s)
  • Roof: Composition Shingles

Garage/Parking

  • Parking Storage: Circular Drive

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central, Electric
  • Water Sewer: Electric Water Heater, Public Water, Septic Tank

Association/Amenities

  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Water Frontage, Water View, Water Access, Professionally Landscaped
  • Lot Number: 5
  • Lot Size: 125x138x200x221

Tax Info

  • Assessor Parcel Number: 173E A 019.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2017
Sold by
Bought by
Current Estimated Value
$1,698,240

Purchase Details

Listed on
May 24, 2014
Closed on
May 8, 2015
Sold by
Bought by
Seller's Agent
Tim Spellings
Duane Wright Realty
Buyer's Agent
Tim Spellings
Duane Wright Realty
List Price
$1,499,000
Sold Price
$1,275,000
Premium/Discount to List
-$224,000
-14.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%
Original Mortgage
$1,051,880
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 1977
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,250,000 --
$1,237,500 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,051,880
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/08/2015 05/08/15 Sold $1,275,000 -14.9% $455 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
05/24/2014 05/24/14 For Sale $1,499,000 -- $535 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,782 $330,400 $212,500 $117,900
2024 $5,782 $330,400 $212,500 $117,900
2023 $5,782 $330,400 $212,500 $117,900
2022 $5,375 $260,900 $200,000 $60,900
2021 $5,375 $260,900 $200,000 $60,900
2020 $5,375 $260,900 $200,000 $60,900
2019 $5,375 $260,900 $200,000 $60,900
2018 $5,195 $260,900 $200,000 $60,900
2017 $5,288 $254,225 $200,000 $54,225
2016 $5,288 $254,225 $200,000 $54,225
2015 $4,627 $254,225 $200,000 $54,225
2014 $4,627 $254,225 $200,000 $54,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9927454

Memphis Area Association of REALTORS®

APN: 173E-A-019.00

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