NOT LISTED FOR SALE

5824 Garden River Cove Memphis, TN 38120

River Oaks Neighborhood

Estimated Value: $816,000 - $1,066,000

5 Beds
6 Baths
3,800-3,999 Sq Ft
$244/Sq Ft Est. Value

Last Sold February 08, 2017

Last sale price $420,000 $105 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $6,178/month

3 Days on Market

Highlights

  • 24-Hour Security
  • In Ground Pool
  • Wooded Lot
  • White Station High Rated A
  • Updated Kitchen
  • Vaulted Ceiling

About This Home

As of February 2017

Luxury subdivision property just waiting for your touch. Great floor plan with wonderful inside and outside living.

Last Agent to Sell the Property

Cheryl McCormick

#1 Realty Group, LLC License #308398 Listed on: 01/06/2017

Last Buyer's Agent

Adam Watson

Keller Williams License #307518

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,554

Year Built

  • Built in 1986

Lot Details

  • 0.56 Acre Lot
  • Wood Fence
  • Landscaped
  • Wooded Lot

HOA Fees

  • $258 Monthly HOA Fees

Home Design

  • Soft Contemporary Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,800-3,999 Sq Ft Home
  • 4,738 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Skylights
  • 2 Fireplaces
  • Some Wood Windows
  • Two Story Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Loft
  • Sun or Florida Room
  • Screened Porch
  • Storage Room
  • Laundry Room
  • Security Gate

Kitchen

  • Updated Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Outdoor Features

  • In Ground Pool
  • Cove
  • Patio

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 080023 L00016

Community Details

Overview

  • Gardens Of River Oaks P D Phase 1 Fn Pl Subdivision
  • Mandatory home owners association

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,554

Year Built

Built in 1986

Lot Details

0

HOA Fees

$258 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Soft Contemporary
  • Detached Unit Type: General Residential
  • MLS Map #: 782C
  • MAAR Subdivision Name: RIVER OAKS
  • List Price Per Sq Ft: 89
  • Number Of Stories: 2
  • Price Per Sq Ft: 88.64
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4738
  • Year Built: 1986
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, Laundry Room, Sun Room, Breakfast Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1/2 Bath, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 3800-3999
  • Bedroom 2 Description: Level 2, Walk-In Closet, Private Half Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Vaulted/Coff/Tray Ceiling, Two Story Foyer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Updated/Renovated Kitchen, Separate Breakfast Room, Pantry, Island In Kitchen
  • Misc Interior: Walk-In Closet(s), Pull Down Attic Stairs, Sky Light(s)
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Entry Hall, Loft/Balcony
  • Total Bathrooms: 4.2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, 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, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Screen Porch, Patio, Guarded Gate, Wood Fence
  • Exterior Windows: Wood/Composition
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 3
  • Parking Display: 3A
  • Parking Storage: More than 3 Coverd Spaces, Storage Room(s), Side-Load Garage

Utilities

  • Cooling: Central, Attic Fan, 3 or More Systems, 220 Wiring
  • Heating: Central, 3 or More Systems
  • Security: Security Gate, Full Time Guard Service
  • Water Sewer: Gas Water Heater, 2+ Water Heaters

Association/Amenities

  • Annual Association Fee: 3100
  • Neighborhood Amenities: Gated Neighborhood
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Wooded, Cove, Landscaped, Wood Fenced
  • Lot Number: 16
  • Acreage: 0.56
  • Lot Size: 85.29/160X199.79/197.08
  • Price Per Acre: 753052

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: 080023 L00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2017
Closed on
Feb 6, 2017
Sold by
Hsbc Bank
Bought by
Young Paul
Seller's Agent
Cheryl McCormick
#1 Realty Group, LLC
Buyer's Agent
Adam Watson
Keller Williams
List Price
$421,709
Sold Price
$420,000
Premium/Discount to List
-$1,709
-0.41%
Current Estimated Value
$973,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$553,059
Avg. Annual Appreciation
10.16%
Original Mortgage
$389,113
Interest Rate
4.19%

Purchase Details

Closed on
Mar 19, 2007
Sold by
Hazel Louis L and Hazel Gaye
Bought by
Hsbc Bank Usa Na and Merrill Lynch Mortgage Investors Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$703,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 23, 2004
Sold by
Burns Timothy M and Burns Penny M
Bought by
Hazel Louis and Hazel Gaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
2.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2003
Sold by
Burns Penny M
Bought by
Burns Timothy M

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
5.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 26, 2002
Sold by
Kenny Charles T and Kenny Heather W
Bought by
Burns Penny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,800
Interest Rate
6.21%
Source: Public Records

Range of Values:

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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
Young Paul -- --
Hsbc Bank Usa Na $595,000 None Available
Hazel Louis $565,000 --
Burns Timothy M -- --
Burns Penny $433,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Paul A $484,350
Closed Young Paul A $484,000
Closed Young Paul $389,113
Closed Young Paul --
Previous Owner Hazel Louis L $703,000
Previous Owner Hazel Louis L $135,000
Previous Owner Hazel Louis L $583,000
Previous Owner Hazel Louis $565,000
Previous Owner Burns Timothy M $450,000
Previous Owner Burns Penny $346,800
Closed Burns Penny $43,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2017 02/08/17 Sold $420,000 0.0% $111 / Sq Ft
02/03/2017 02/03/17 Sold $420,000 -0.4% $105 / Sq Ft
01/09/2017 01/09/17 Pending -- -- --
01/09/2017 01/09/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $421,709 -22.6% $111 / Sq Ft
01/25/2016 01/25/16 For Sale $545,000 -- $136 / 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 $6,554 $242,775 $76,250 $166,525
2024 $6,554 $193,325 $76,250 $117,075
2023 $11,777 $193,325 $76,250 $117,075
2022 $11,777 $193,325 $76,250 $117,075
2021 $11,915 $193,325 $76,250 $117,075
2020 $11,539 $159,250 $76,250 $83,000
2019 $11,539 $159,250 $76,250 $83,000
2018 $11,539 $159,250 $76,250 $83,000
2017 $6,545 $159,250 $76,250 $83,000
2016 $5,883 $134,625 $0 $0
2014 $5,883 $134,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Cheryl McCormick

    #1 Realty Group - Ob

  • N

    Buyer's Agent in 2017

    NON MEMBER

    RE/MAX LEGACY

  • Adam Watson

    Buyer's Agent in 2017

    Adam Watson

    Keller Williams

    (901) 210-6595

    2 in this area

    90 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9993234

Memphis Area Association of REALTORS®

APN: 08-0023-L0-0016

Tennessee Shelby County Memphis 38120 River Oaks

5824 Garden River Cove, Memphis, TN

This home is located at 5824 Garden River Cove, Memphis, TN 38120 since 06 January 2017 and is currently estimated at $975,803, approximately $244 per square foot. This property was built in 1986. 5824 Garden River Cove is a home located in Shelby County with nearby schools including Balmoral Ridgeway Elementary School, White Station High, and Ridgeway Middle School.

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