NOT LISTED FOR SALE

603 Cedar Shadows Cir E Collierville, TN 38017

Estimated Value: $683,657 - $778,000

4 Beds
3 Baths
3,200-3,399 Sq Ft
$214/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $520,333 $153 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,448/month

2 Days on Market

Highlights

  • Landscaped Professionally
  • Vaulted Ceiling
  • Wood Flooring
  • Sycamore Elementary School Rated A
  • French Architecture
  • Main Floor Primary Bedroom

About This Home

As of May 2020

Gorgeous Magnolia Home in Cypress Grove! This home features custom cabinets, beautiful lighting throughout, an ideal outdoor living area, and more! All the quality you expect! Aside from the gorgeous aesthetics, all Magnolia Homes are very energy efficient and low-maintenance. We use 100% James Hardie trim/siding, Pella windows, Tyvek house wrap, TechShield radiant barrier, 10 yr QBW limited warranty and more!! CVILLE Schools!

Last Listed By

Lorna Skelton

Crews Realty, LLC License #350921 Listed on: 10/28/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,454

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • Lot Dimensions are 90x140x90x140
  • Landscaped Professionally

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • French Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,200-3,399 Sq Ft Home
  • 3,224 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Smooth Ceilings
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Breakfast Room
  • Den with Fireplace
  • Library
  • Bonus Room
  • Storage Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Window Bars
  • Burglar Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Air
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Oak Grove Subdivision
  • Mandatory home owners association
  • Planned Unit Development

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,454

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: French
  • Detached Unit Type: General Residential
  • MLS Map #: 876A
  • MAAR Subdivision Name: Cypress Grove
  • Est Date Of Completion: 04/30/2020
  • List Price Per Sq Ft: 159
  • Number Of Stories: 2
  • Price Per Sq Ft: 161.39
  • Prop Construction Status: Under Construction
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 3224
  • Year Built: 2019
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath, Office, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 3200-3399
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Vented Gas Fireplace, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, Textured Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Self Cleaning Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Great Room, LR/DR Combination, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s), Walk-In Attic, Mud Room, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Library/Study, Bonus Room, Entry Hall, Attic, Storage Room
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, 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, Built-In Cabinets/Bkcases, Vaulted/Coffered Ceiling, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Patio, Covered Patio
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage, Designated Guest Parking

Utilities

  • Cooling: Central
  • Heating: Gas, Electric
  • Security: Burglar Alarm, Fire Alarm, Window Guard(s), Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater

Association/Amenities

  • Annual Association Fee: 600
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Professionally Landscaped
  • Lot Number: 175
  • Lot Size: 90x140x90x140

Multi Family

  • Number Of Rooms: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
May 8, 2020
Sold by
Magnolia Homes Inc
Bought by
Lee Marcus Lavel and Lee Victoria Marshanda
Seller's Agent
Lorna Skelton
Crews Realty, LLC
Buyer's Agent
Lorna Skelton
Crews Realty, LLC
List Price
$513,371
Sold Price
$520,333
Premium/Discount to List
$6,962
1.36%
Total Days on Market
2
Current Estimated Value
$726,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,081
Avg. Annual Appreciation
6.89%
Original Mortgage
$416,265
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2019
Sold by
Crews Holdings Llc
Bought by
Magnolia Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,900
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Range of Values:

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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
Lee Marcus Lavel -- Memphis Title Company
Lee Marcus Lavel $520,333 Memphis Title Company
Magnolia Homes Inc $100,000 Memphis Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Marcus Lavel $416,265
Previous Owner Magnolia Homes Inc $382,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $520,333 +1.4% $163 / Sq Ft
10/30/2019 10/30/19 Pending -- -- --
10/28/2019 10/28/19 For Sale $513,371 -- $160 / 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 $4,454 $131,375 $26,325 $105,050
2023 $6,871 $131,375 $26,325 $105,050
2022 $6,713 $131,375 $26,325 $105,050
2021 $7,883 $131,375 $26,325 $105,050
2020 $5,586 $42,525 $21,375 $21,150
2019 $1,548 $21,375 $21,375 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10065070

Memphis Area Association of REALTORS®

APN: C02-58Z- -E-00015