NOT LISTED FOR SALE

587 Cherokee Ln Bath Springs, TN 38311

Estimated Value: $720,623 - $928,000

4 Beds
3 Baths
4,500-4,999 Sq Ft
$165/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $580,000 $116 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,590/month

Highlights

  • Waterfront
  • Deck
  • Great Room
  • Decaturville Elementary School Rated A-
  • Wood Flooring
  • Laundry Room

About This Home

As of May 2021

Riverfront home with private beach. This luxurious 4BR 3Ba home Also features a office, library, rec room, sunroom andFull lower level with kitchen, great room with fireplace, bedroom and bath. Also on the lower level is a safe room plus oversize 2 car garage and cleaning room. Enjoy watching the boats from your sunroom or Covered deck and open deck . Breathtaking views. Over 219 feet of riverfront.This property has its own personal boat dock.Don’t miss this once in a lifetime home!

Last Agent to Sell the Property

Chris Carothers

Hickman Realty Group, Inc. License #250361 Listed on: 12/18/2020

Last Buyer's Agent

Keith Cherry

BST Realty License #349047

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,972

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 263x287x177x42x187
  • Waterfront

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 5 Car Garage

Interior Spaces

  • 4,500-4,999 Sq Ft Home
  • 4,500 Sq Ft Home
  • 2.5-Story Property
  • Great Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Water Access
  • Deck

Utilities

  • Central Air
  • Heating Available

Community Details

  • Twin Peaks Subdivision
  • Mandatory home owners association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,972

Year Built

Built in 2007

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: Twin Peaks
  • List Price Per Sq Ft: 124
  • Number Of Stories: 2.5
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4500
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 4500-4999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedroom 4 Description: Basement
  • Bedrooms: 4
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 3
  • Living Dining Kitchen: Separate Dining Room, Great Room, Washer/Dryer Connections
  • Master Bedroom: Level 1, Full Bath
  • Master Bedroom Dimensions: 17x18
  • Other Rooms: Laundry Room

Exterior Features

  • Misc Exterior: Deck
  • Foundation: Full Basement

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 5
  • Parking Display: G5

Utilities

  • Cooling: Central
  • Heating: Electric

Association/Amenities

  • Annual Association Fee: 400
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Water Frontage, Water Access
  • Lot Size: 263x287x177x42x187

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
May 14, 2021
Sold by
Howard Janet B
Bought by
Hammond Stephen D and Hammond Paulette G
Seller's Agent
Chris Carothers
Hickman Realty Group, Inc.
Buyer's Agent
Keith Cherry
BST Realty
List Price
$560,000
Sold Price
$580,000
Premium/Discount to List
$20,000
3.57%
Current Estimated Value
$823,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,208
Avg. Annual Appreciation
8.17%
Original Mortgage
$250,000
Outstanding Balance
$188,022
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$635,186

Purchase Details

Closed on
Jun 20, 2003
Sold by
Magers Billy
Bought by
Howard Robert E and Howard Janet B
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
Hammond Stephen D $550,000 None Available
Howard Robert E $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammond Stephen D $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2021 05/14/21 Sold $580,000 +5.5% $129 / Sq Ft
05/14/2021 05/14/21 Sold $550,000 -1.8% $122 / Sq Ft View Prior Sale
04/21/2021 04/21/21 Pending -- -- --
03/30/2021 03/30/21 Pending -- -- --
12/18/2020 12/18/20 For Sale $560,000 0.0% $124 / Sq Ft
10/29/2020 10/29/20 Price Changed $560,000 -2.6% $124 / Sq Ft
09/05/2020 09/05/20 For Sale $575,000 -- $128 / 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 $2,972 $166,875 $0 $0
2024 $2,972 $115,200 $36,000 $79,200
2023 $2,940 $115,200 $36,000 $79,200
2022 $2,940 $113,950 $36,000 $77,950
2021 $2,940 $113,950 $36,000 $77,950
2020 $2,940 $113,950 $36,000 $77,950
2019 $2,249 $99,975 $30,000 $69,975
2018 $1,984 $99,700 $30,000 $69,700
2017 $1,984 $99,700 $30,000 $69,700
2016 $1,984 $99,700 $30,000 $69,700
2015 $1,984 $99,700 $30,000 $69,700
2014 $1,984 $99,702 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10090612

Memphis Area Association of REALTORS®

APN: 102G-C-006.00