NOT LISTED FOR SALE

605 Schaeffer Loop Eads, TN 38028

Estimated Value: $545,180 - $593,000

5 Beds
3.5 Baths
3,000 Sq Ft
$190/Sq Ft Est. Value

Last Sold October 20, 2022

Last sale price $490,000 $163 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,279/month

61 Days on Market

Highlights

  • Updated Kitchen
  • Deck
  • Wood Flooring
  • Landscaped Professionally
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of October 2022

Beautiful brick home sitting on 2.98 acres with mature trees. 5 bedrooms (2 Master bedrooms)( 1 Master downstairs & 1 Master upstairs) 3.5 baths. Spacious home, appraiser in 2015 shows approx 3390 sq ft. Formal dining room, Large Family room w/fireplace. Granite countertops in kitchen. 2 water heaters (approx1 yr and 3 yrs old). Septic tank pumped in 2020. Lush landscaping. Double side garage. Low Fayette County Taxes! Call today to see this beautiful home ! Sellers states home built in 1998

Last Agent to Sell the Property

Patti Baggett

Crye-Leike, Inc., REALTORS License #227017 Listed on: 07/21/2022

Crye-Leike, Inc., REALTORS

Co-Listed By

Rachel Gilliam

Crye-Leike, Inc., REALTORS License #303277

Last Buyer's Agent

Keri Jayroe

Epique Realty License #344385

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,111

Year Built

  • Built in 1998

Lot Details

  • 2.98 Acre Lot
  • Landscaped Professionally
  • Corner Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • 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

Parking

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

Outdoor Features

  • Deck

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Septic Tank

Community Details

  • Beacon Light Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 102 102 00827

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,111

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Canadaville Loop
  • MLS Map #: 652B
  • MAAR Subdivision Name: BEACON LIGHT
  • List Price Per Sq Ft: 163
  • Number Of Stories: 2
  • Price Per Sq Ft: 163.33
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3000
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Primary Up, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: Not Available
  • Bedroom 2 Description: Carpet, Level 2, Private Full Bath, Walk-In Closet
  • Bedroom 3 Description: Carpet, Level 2, Walk-In Closet
  • Bedroom 4 Description: Carpet, Level 2
  • Bedroom 5 Description: Hardwood Floor, Level 2
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Fireplace: In Den/Great Room, Gas Logs
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry
  • Misc Interior: Walk-In Closet(s), Pull Down Attic Stairs
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, Separate Shower, Whirlpool Tub
  • P R I M A R Y B E D R O O M: Full Bath, Hardwood Floor, Level 1, Walk-In Closet

Exterior Features

  • Misc Exterior: Deck
  • Exterior Windows: Brick Veneer, Vinyl Siding
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s), Central, Dual System
  • Heating: Central, Dual System
  • Water Sewer: Septic Tank

Lot Info

  • Lot Description: Some Trees, Level, Corner, Professionally Landscaped
  • Lot Number: 23
  • Acreage: 2.98
  • Lot Size: 2.98 acres
  • Price Per Acre: 164430

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: 102 102 00827

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Oct 8, 2022
Sold by
Showalter Jon H and Showalter Sandra K
Bought by
Goedecke Michael and Goedecke Rebecca
Seller's Agent
Patti Baggett
Crye-Leike, Inc., REALTORS
Buyer's Agent
Keri Jayroe
Epique Realty
List Price
$525,000
Sold Price
$490,000
Premium/Discount to List
-$35,000
-6.67%
Total Days on Market
61
Current Estimated Value
$569,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,795
Avg. Annual Appreciation
4.92%
Original Mortgage
$392,000
Outstanding Balance
$379,153
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$176,775

Purchase Details

Listed on
May 18, 2014
Closed on
Mar 27, 2015
Sold by
Smith Kerry
Bought by
Showalter Jon H and Showalter Sandra K
Seller's Agent
Loretta Martin
Chamberwood Realty Group
Buyer's Agent
Patti Baggett
Crye-Leike, Inc., REALTORS
List Price
$309,500
Sold Price
$290,000
Premium/Discount to List
-$19,500
-6.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$299,570
Interest Rate
3.89%
Mortgage Type
VA

Purchase Details

Closed on
Jun 29, 1966
Bought by
Schaeffer James F
Source: Public Records

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Range of Values:

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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
Goedecke Michael $490,000 --
Showalter Jon H $290,000 --
Schaeffer James F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goedecke Michael $392,000
Previous Owner Showalter Jon H $299,570
Previous Owner Smith Kerry M $318,783
Previous Owner Smith Kerry M $39,500
Previous Owner Smith Kerry M $232,765
Previous Owner Smith Kerry M $185,400
Previous Owner Smith Jodie M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2022 10/20/22 Sold $490,000 0.0% $163 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
09/09/2022 09/09/22 Price Changed $490,000 -2.0% $163 / Sq Ft
08/18/2022 08/18/22 Price Changed $500,000 -2.9% $167 / Sq Ft
08/12/2022 08/12/22 Price Changed $515,000 -1.9% $172 / Sq Ft
07/21/2022 07/21/22 For Sale $525,000 +81.0% $175 / Sq Ft
03/26/2015 03/26/15 Sold $290,000 -6.3% $85 / Sq Ft
02/04/2015 02/04/15 Pending -- -- --
05/18/2014 05/18/14 For Sale $309,500 -- $91 / 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 $1,111 $86,025 $18,750 $67,275
2023 $1,111 $86,025 $0 $0
2022 $1,111 $86,025 $18,750 $67,275
2021 $1,111 $86,025 $18,750 $67,275
2020 $1,153 $86,025 $18,750 $67,275
2019 $1,153 $76,475 $18,750 $57,725
2018 $1,077 $76,475 $18,750 $57,725
2017 $1,077 $71,475 $18,750 $52,725
2016 $1,048 $65,250 $18,750 $46,500
2015 $1,048 $65,250 $18,750 $46,500
2014 $1,048 $65,250 $18,750 $46,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10129282

Memphis Area Association of REALTORS®

APN: 102-008.27