NOT LISTED FOR SALE

5885 Garden River Cove Memphis, TN 38120

River Oaks Neighborhood

Estimated Value: $1,545,000 - $2,014,803

4 Beds
4.5 Baths
6,000-6,999 Sq Ft
$250/Sq Ft Est. Value

Last Sold December 10, 2015

Last sale price $1,250,000 $179 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $10,427/month

182 Days on Market

Highlights

  • Tennis Courts
  • 24-Hour Security
  • 1.42 Acre Lot
  • White Station High Rated A
  • Pool House
  • Landscaped Professionally

About This Home

As of December 2015

This architectural beauty is the ultimate in sophistication and comfort. Designed by Lewis Graeber, this one of a kind home offers the finest in materials and workmanship. A peaceful and secure property nestled on 1.42 acres including tennis court, heated pool and pool house .Impressive landscaping with wonderful mature plantings, charming walkways and stunning stone enclosures. An extensive list of amenities include a four car garage, copper gutters, and a handsome slate roof. 24 Hr.Security

Last Agent to Sell the Property

Jeanene Lawhead

Hobson, REALTORS License #222423 Listed on: 06/02/2015

Last Buyer's Agent

Meredith McDonald

Ware Jones, REALTORS License #240133

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,837

Year Built

  • Built in 1998

Lot Details

  • 1.42 Acre Lot
  • Landscaped Professionally
  • Sprinklers on Timer
  • Few Trees

Home Design

  • French Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 6,000-6,999 Sq Ft Home
  • 6,452 Sq Ft Home
  • 1.5-Story Property
  • Built-in Bookshelves
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • 3 Fireplaces
  • Breakfast Room
  • Dining Room
  • Library
  • Bonus Room with Fireplace
  • Keeping Room
  • Laundry Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 4 Car Attached Garage
  • Side Facing Garage

Pool

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

Outdoor Features

  • Cove
  • Tennis Courts
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 080023 L00074

Community Details

Overview

  • Gardens Of River Oaks Pd Phase III Fn Pl Subdivision
  • Mandatory Home Owners Association
  • Planned Unit Development

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,837

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: French
  • Detached Unit Type: General Residential
  • MLS Map #: 782C
  • MAAR Subdivision Name: RIVER OAKS
  • List Price Per Sq Ft: 201
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 193.74
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 6452
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1/2 Bath, 2 or More Baths, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 6000 - 6999
  • Bedroom 2 Description: Level 1, Walk-In Closet, Private Full Bath, Built-In Cabinets/Bkcases
  • Bedroom 3 Description: Level 2, Walk-In Closet, Private Full Bath
  • Bedroom 4 Description: Level 2, Walk-In Closet, Private Full Bath
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: In Living Room, In Keeping/Hearth room, In Other Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Separate Breakfast Room, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Walk-In Attic
  • Number Of Fireplaces: 3
  • Other Rooms: Laundry Room, Library/Study, Entry Hall, Attic
  • Total Bathrooms: 4.1
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Pool Cleaning Equipment, Porch, Patio, Pool House, Tennis Court
  • Exterior Windows: Brick Veneer, Wood Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Tile/Slate

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 4
  • Parking Display: G4A
  • Parking Storage: More than 3 Coverd Spaces, Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Full Time Guard Service

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Cove, Professionally Landscaped
  • Lot Number: 5AandPT5B
  • Acreage: 1.42
  • Lot Size: 1.42
  • Price Per Acre: 915493

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: 080023 L00074

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2015
Closed on
Dec 10, 2015
Sold by
Bourland David L
Bought by
Williamson Russell H and Williamson Elizabeth W
Seller's Agent
Jeanene Lawhead
Hobson, REALTORS
Buyer's Agent
Meredith McDonald
Ware Jones, REALTORS
List Price
$1,900,000
Sold Price
$1,250,000
Premium/Discount to List
-$650,000
-34.21%
Current Estimated Value
$1,746,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,268
Avg. Annual Appreciation
3.40%

Purchase Details

Closed on
Mar 2, 2012
Sold by
Perlberg Lawrence Jay
Bought by
Perlberg Lawrence J and The Lawrence J Perlberg Revocable Living

Purchase Details

Closed on
Jun 27, 2000
Sold by
Raines Richard C
Bought by
Perlberg Lawrence Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
8.2%

Purchase Details

Closed on
Jun 16, 2000
Sold by
Mednikow Betty H and Mednikow Robert M
Bought by
Raines Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
8.2%

Purchase Details

Closed on
May 15, 2000
Sold by
Feldbaum Bruce L
Bought by
Mednikow Robert M and Mednikow Betty H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
8.2%

Purchase Details

Closed on
Apr 6, 2000
Sold by
Blake Norman P and Blake Karen S
Bought by
Feldbaum Bruce L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
8.2%

Purchase Details

Closed on
Jan 29, 1999
Sold by
Mednikow Betty H and Mednikow Robert M
Bought by
Blake Norman P and Blake Karen S
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
Williamson Russell H $1,250,000 Attorney
Perlberg Lawrence J -- None Available
Perlberg Lawrence Jay -- --
Raines Richard C $2,750,000 Memphis Title
Mednikow Robert M -- --
Feldbaum Bruce L $2,700,000 --
Blake Norman P $2,995,000 Memphis Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mednikow Robert M $2,700,000
Previous Owner Mednikow Robert M $735,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2015 12/10/15 Sold $1,250,000 -34.2% $208 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $1,900,000 -- $317 / 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 $11,837 $396,625 $155,950 $240,675
2024 -- $349,175 $155,950 $193,225
2023 $21,270 $349,175 $155,950 $193,225
2022 $21,270 $349,175 $155,950 $193,225
2021 $24,427 $396,350 $155,950 $240,400
2020 $9,987 $312,500 $155,950 $156,550
2019 $22,644 $312,500 $155,950 $156,550
2018 $22,644 $312,500 $155,950 $156,550
2017 $13,586 $330,550 $155,950 $174,600
2016 $12,009 $274,800 $0 $0
2014 $9,446 $216,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jeanene Lawhead

    Hobson, REALTORS

  • M

    Buyer's Agent in 2015

    Meredith McDonald

    Ware Jones, REALTORS

    Section Image

  • P

    Buyer Co-Listing Agent in 2015

    Paul McDonald

    Ware Jones, REALTORS

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9953597

Memphis Area Association of REALTORS®

APN: 08-0023-L0-0074

Tennessee Shelby County Memphis 38120 River Oaks

5885 Garden River Cove, Memphis, TN

This home is located at 5885 Garden River Cove, Memphis, TN 38120 since 02 June 2015 and is currently estimated at $1,746,268, approximately $249 per square foot. This property was built in 1998. 5885 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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