NOT LISTED FOR SALE

5818 Richardson Landing Rd Drummonds, TN 38023

Estimated Value: $429,000 - $583,000

4 Beds
4 Baths
3,800-3,999 Sq Ft
$122/Sq Ft Est. Value

Last Sold September 13, 2019

Last sale price $375,000 $94 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,750/month

Highlights

  • Lake On Lot
  • Den with Fireplace
  • Traditional Architecture
  • Sitting Area In Primary Bedroom
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of September 2019

This Home has everything for the active Family who loves to entertain! Setting on 8 Ac with pond, this Home offer a Lg Porch across the front & porch across the side of Game Rm or in-law Suite. Family Rm with Fireplace, Laminate Floors, recessed lights, Kitchen, Breakfast Bar, Beautiful Cabinets, Lg Pantry, Tile floors, Master Bdr with setting area, Huge Master Bath with Lg walk-in Closet, Lg Bdr up with full Ba. Game rm has Kitchen, Full Ba, Fireplace, 6 car Gar, with Shop & Lg Bonus with HVAC

Last Agent to Sell the Property

Charles Hurt Jr.

Real Estate Mart of TN, Inc. License #205172 Listed on: 03/07/2019

Last Buyer's Agent

Brad Murphy

MidSouth Residential, LLC License #340665

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,985

Year Built

  • Built in 1998

Lot Details

  • 8 Acre Lot
  • Wood Fence
  • Landscaped

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 3,800-3,999 Sq Ft Home
  • 3,800 Sq Ft Home
  • 1.5-Story Property
  • Built-in Bookshelves
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Breakfast Room
  • Den with Fireplace
  • 2 Fireplaces
  • Play Room
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Permanent Attic Stairs

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 5 Car Detached Garage
  • Workshop in Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Lake On Lot
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • 220 Volts
  • Septic Tank

Community Details

  • Partition Survey Adkins Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093 093 00806

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,985

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Drummonds
  • MLS Map #: 622A
  • MAAR Subdivision Name: PARTITION SURVEY ADKINS
  • List Price Per Sq Ft: 101
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 98.68
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3800
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • 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: 3800-3999
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling
  • Bedroom 4 Description: Level 2, Walk-In Closet, Built-In Cabinets/Bkcases, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 4
  • Equipment: Range/Oven, Self Cleaning Oven, Dishwasher
  • Living Dining Kitchen: Great Room, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry
  • Misc Interior: Excl Some Window Treatmnt, Walk-In Closet(s), Permanent Attic Stairs, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Sun Room, Play Room, In-Law Quarters, Attic
  • Total Bathrooms: 4
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Dressing Area, Smooth Ceiling, 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, Built-In Cabinets/Bkcases, Vaulted/Coffered Ceiling, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Storage Building, Porch, Workshop
  • Exterior Windows: Brick Veneer, Vinyl Siding, Double Pane Window(s), Steel Insulated Door(s)
  • Foundation: Slab

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 5
  • Parking Display: G5D
  • Parking Storage: Driveway/Pad, More than 3 Coverd Spaces, Storage Room(s), Workshop(s), Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central, Gas, Dual System
  • Security: Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Public Water, Septic Tank

Lot Info

  • Lot Description: Lake/Pond on Property, Landscaped, Wood Fenced
  • Acreage: 8
  • Lot Size: 8 Ac
  • Price Per Acre: 48125

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 093 093 00806

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2019
Closed on
Sep 13, 2019
Sold by
Wright Patricia Ann Norvell
Bought by
Bracken Derrick L and Bracken Joy R
Seller's Agent
Charles Hurt Jr.
Real Estate Mart of TN, Inc.
Buyer's Agent
Brad Murphy
MidSouth Residential, LLC
List Price
$385,000
Sold Price
$375,000
Premium/Discount to List
-$10,000
-2.6%
Current Estimated Value
$487,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,526
Avg. Annual Appreciation
4.86%
Original Mortgage
$325,000
Outstanding Balance
$288,377
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$211,069

Purchase Details

Closed on
Feb 4, 2011
Sold by
Sitter James A
Bought by
James Franklin D

Purchase Details

Closed on
Sep 29, 2008
Sold by
Chorley John O
Bought by
Russell Roberta S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,387
Interest Rate
6.36%

Purchase Details

Closed on
May 10, 2005
Sold by
Chorley John O
Bought by
Chorley John O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
5.8%
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
Bracken Derrick L $375,000 --
James Franklin D $285,000 --
Russell Roberta S $282,000 --
Chorley John O $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bracken Derrick L $325,000
Previous Owner Chorley John O $274,387
Previous Owner Chorley John O $113,600
Previous Owner Chorley John O $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2019 09/13/19 Sold $375,000 -2.6% $99 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $385,000 -- $101 / 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
2024 $1,985 $130,450 $14,500 $115,950
2023 $1,985 $130,450 $14,500 $115,950
2022 $1,923 $94,275 $10,675 $83,600
2021 $1,923 $94,275 $10,675 $83,600
2020 $1,922 $94,275 $10,675 $83,600
2019 $1,740 $71,900 $6,400 $65,500
2018 $1,740 $71,900 $6,400 $65,500
2017 $1,740 $71,900 $6,400 $65,500
2016 $1,740 $71,900 $6,400 $65,500
2015 $1,738 $71,900 $6,400 $65,500
2014 $1,738 $71,891 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10047504

Memphis Area Association of REALTORS®

APN: 093-008.06