NOT LISTED FOR SALE

5863 Garden Reach Cove Memphis, TN 38120

River Oaks Neighborhood

Estimated Value: $1,162,000 - $1,357,711

4 Beds
6 Baths
6,000-6,999 Sq Ft
$182/Sq Ft Est. Value

Last Sold April 13, 2021

Last sale price $915,000 $131 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,907/month

80 Days on Market

Highlights

  • 24-Hour Security
  • Pool House
  • 1.01 Acre Lot
  • White Station High Rated A
  • Two Primary Bedrooms
  • Two Primary Bathrooms

About This Home

As of April 2021

Fabulous 6,000 + square foot home in River Oaks, a gated community.1.01 acre homesite at the end of Garden Reach Cv. The home was built in 1989 . Beautifully landscaped grounds , inground gunite pool with hot tub , pool house. Four bedrooms, 2 masters, 4 fireplaces .

Last Agent to Sell the Property

John Criswell

Crye-Leike, Inc., REALTORS License #215168 Listed on: 12/10/2020

Crye-Leike, Inc., REALTORS

Co-Listed By

Lauren Criswell

Crye-Leike, Inc., REALTORS License #251248

Last Buyer's Agent

Barbie Dan

Ware Jones, REALTORS License #248919

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,306

Year Built

  • Built in 1989

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 55x226
  • Dog Run
  • Wrought Iron Fence
  • Wood Fence
  • Chain Link Fence
  • Brick Fence
  • Landscaped Professionally
  • Sprinklers on Timer
  • Wooded Lot

HOA Fees

  • $292 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 6,000-6,999 Sq Ft Home
  • 6,483 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-in Bookshelves
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Two Story Entrance Foyer
  • Living Room with Fireplace
  • 3 Fireplaces
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room with Fireplace
  • Loft
  • Play Room
  • Storage Room
  • Laundry Room
  • Attic

Kitchen

  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Brick
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Double Master Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Burglar Security System
  • Storm Doors
  • Fire and Smoke Detector

Parking

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

Pool

  • Pool House
  • In Ground Pool
  • Spa
  • Pool Equipment or Cover

Outdoor Features

  • Cove
  • Balcony
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 080023 L00083

Community Details

Overview

  • Gardens Of River Oaks Phase 4 Subdivision
  • Mandatory home owners association
  • Planned Unit Development

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,306

Year Built

Built in 1989

Lot Details

0

HOA Fees

$292 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: River Oaks
  • MLS Map #: 782C
  • MAAR Subdivision Name: RIVER OAKS
  • List Price Per Sq Ft: 193
  • Number Of Stories: 2
  • Price Per Sq Ft: 141.14
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 6483
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Master Bedroom, 1/2 Bath, 1 Bath, Laundry Room, Breakfast Room, Office
  • Second Story Floor Plan: Master Bedroom, 2 or More Baths, Play Room/Rec Room
  • Additional Bedroom Bathroom Info: Master Down, Master Up, Two Masters, Luxury Master Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, 2 Full Master Baths, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 6000 - 6999
  • Bedroom 2 Description: Level 2, Walk-In Closet, Private Full Bath, Built-In Cabinets/Bkcases, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Built-In Cabinets/Bkcases, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Masonry, Prefabricated, In Living Room, In Den/Great Room, In Master Bedroom, In Other Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Brick Floor, Smooth Ceiling, 9 or more Ft. Ceiling, Two Story Foyer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Disposal, Dishwasher, Microwave, Trash Compactor, Refrigerator, Cable Wired, Cable Available, Separate Ice Maker
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling, Tile Floor
  • Master Bedroom: Level 1, Level 2, Walk-In Closet, Full Bath, Fireplace, Sitting Area, Smooth Ceiling, Hardwood Floor, Carpet
  • Master Bedroom Dimensions: 20x17
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Walk-In Attic, Central Vacuum, Rear Stairs to Playroom, Cat/Dog Free House
  • Number Of Fireplaces: 3
  • Other Rooms: Laundry Room, Play Room, Entry Hall, Loft/Balcony, Attic, Storage Room
  • Total Bathrooms: 4.2

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Pool Cleaning Equipment, Dog Run, Porch, Patio, Pool House, Hot Tub, Guarded Gate, Balcony, Wooded Grounds, Well Landscaped Grounds, Brick or Stone Fence, Wood Fence, Chain Fence, Brick/Ironed Fence, Iron Fence
  • Exterior Windows: Brick Veneer, Wood Window(s), Double Pane Window(s), Storm Door(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central, Ceiling Fan(s), 3 or More Systems, 220 Wiring
  • Heating: Central, Gas, 3 or More Systems
  • Security: Burglar Alarm, Smoke Detector(s), Full Time Guard Service, Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 3500
  • Neighborhood Amenities: Gated Neighborhood
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Wooded, Cove, Professionally Landscaped, Wood Fenced, Iron Fenced
  • Lot Number: 2
  • Acreage: 1.01
  • Lot Size: 55X226
  • Price Per Acre: 1237624

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: 080023 L00083

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Apr 12, 2021
Sold by
Longoria Kathleen
Bought by
Anand Ikshit and Anand Priyanka Deepak
Seller's Agent
John Criswell
Crye-Leike, Inc., REALTORS
Buyer's Agent
Barbie Dan
Ware Jones, REALTORS
List Price
$1,250,000
Sold Price
$915,000
Premium/Discount to List
-$335,000
-26.8%
Current Estimated Value
$1,270,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,428
Avg. Annual Appreciation
8.50%
Original Mortgage
$700,000
Outstanding Balance
$631,321
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$673,426

Purchase Details

Closed on
Jul 8, 2019
Sold by
Person Curtis S and Person Geraldean S
Bought by
Person Family Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Anand Ikshit $915,000 Realty Title & Escrow Co Inc
Person Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anand Ikshit $700,000
Previous Owner Person Curtis S $250,000
Previous Owner Person Curtis S $450,000
Previous Owner Person Curtis S $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2021 04/13/21 Sold $915,000 -26.8% $153 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
12/10/2020 12/10/20 For Sale $1,250,000 -- $208 / 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 $8,306 $313,075 $117,900 $195,175
2024 $8,306 $245,000 $117,900 $127,100
2023 $14,925 $245,000 $117,900 $127,100
2022 $14,925 $245,000 $117,900 $127,100
2021 $15,888 $274,075 $117,900 $156,175
2020 $15,206 $209,850 $117,900 $91,950
2019 $6,707 $209,850 $117,900 $91,950
2018 $7,334 $229,475 $117,900 $111,575
2017 $7,507 $229,475 $117,900 $111,575
2016 $8,314 $190,250 $0 $0
2014 $8,314 $190,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10090170

Memphis Area Association of REALTORS®

APN: 08-0023-L0-0083