NOT LISTED FOR SALE

Estimated Value: $468,000 - $562,010

4 Beds
3 Baths
2,800-2,999 Sq Ft
$177/Sq Ft Est. Value

Last Sold September 07, 2023

Last sale price $540,000 $180 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,279/month

77 Days on Market

Highlights

  • New Construction
  • Gated Community
  • Fireplace in Primary Bedroom
  • Sitting Area In Primary Bedroom
  • Landscaped Professionally
  • 4-minute walk to Holmes Park

About This Home

As of September 2023

Charming bungalow reminiscent of early 1900’s architecture built with all of the upgrades and style that the Salvaggio Group has built their unparalleled reputation on. Carrera marble fireplace surround, apron front porcelain farm sink, under cabinet kitchen lighting add character to the open kitchen living area. None of the maintenance of an older home. Hardi board siding, flash coat insulation, tankless water heater. Garage wired for ev, High performance windows.

Last Agent to Sell the Property

Michael Mosteller

REMAX Experts License #318569 Listed on: 06/02/2023

REMAX Experts

Co-Listed By

Nikki Mosteller

REMAX Experts License #325297

Last Buyer's Agent

Scott Gresham

Ware Jones, REALTORS License #372369

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,251

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Lot Dimensions are 44.5x97
  • Landscaped Professionally
  • Level Lot
  • Sprinklers on Timer
  • Zero Lot Line

HOA Fees

  • $63 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,973 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Gas Log Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Great Room
  • Den with Fireplace
  • Bonus Room
  • Keeping Room
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Burglar Security System
  • Security Gate
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Ivy Grove Subdivision
  • Mandatory home owners association

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,251

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 783G
  • MAAR Subdivision Name: Ivy Grove PD
  • Est Date Of Completion: 06/15/2023
  • Number Of Stories: 2
  • Price Per Sq Ft: 181.63
  • Prop Construction Status: New Construction (Never Occupied)
  • Estimated Sq Ft: 2973
  • Year Built: 2023
  • List Price/ Sq Ft: 187
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths
  • Second Story Floor Plan: 3rd Bedroom, 1 Bath, Office, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Vented Gas Fireplace, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Great Room, Pantry, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: Walk-In Closet(s), Attic Access, Walk-In Attic, Security System, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, 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, Fireplace, Sitting Area, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Patio, Covered Patio
  • Exterior Windows: Wood/Composition, Double Pane Window(s)
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Garage Door Opener(s), Back-Load Garage

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Gas
  • Security: Burglar Alarm, Smoke Detector(s), Security Gate
  • Water Sewer: Gas Water Heater, Public Sewer

Association/Amenities

  • Annual Association Fee: 750
  • Neighborhood Amenities: Gated Neighborhood
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Professionally Landscaped
  • Lot Size: 44.5x97
  • Zero Lot Line: Yes

Multi Family

  • Number Of Rooms: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Sep 7, 2023
Sold by
Salvaggio Group Llc
Bought by
Patel Dipakkumar and Patel Dharmistaben
Seller's Agent
Michael Mosteller
REMAX Experts
Buyer's Agent
Scott Gresham
Ware Jones, REALTORS
List Price
$575,000
Sold Price
$540,000
Premium/Discount to List
-$35,000
-6.09%
Views
29
Current Estimated Value
$529,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,497
Avg. Annual Appreciation
1.64%
Original Mortgage
$432,000
Outstanding Balance
$424,454
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$133,414

Purchase Details

Closed on
Feb 17, 2022
Sold by
Vy Grove Kirby Llc
Bought by
Salvaggio Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.92%
Mortgage Type
Construction
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
Patel Dipakkumar $540,000 Tri State Title
Salvaggio Group Llc $105,000 Memphis Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Dipakkumar $432,000
Previous Owner Salvaggio Group Llc $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $540,000 -2.7% $193 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
07/28/2023 07/28/23 Price Changed $555,000 -0.7% $198 / Sq Ft
07/05/2023 07/05/23 Price Changed $559,000 -1.7% $200 / Sq Ft
06/30/2023 06/30/23 Price Changed $568,900 0.0% $203 / Sq Ft
06/13/2023 06/13/23 Price Changed $569,000 -1.0% $203 / Sq Ft
06/10/2023 06/10/23 Price Changed $574,900 0.0% $205 / Sq Ft
06/02/2023 06/02/23 For Sale $575,000 -- $205 / 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 $4,251 $131,700 $26,250 $105,450
2024 $4,251 $125,400 $15,975 $109,425
2023 $7,639 $125,400 $15,975 $109,425
2022 $973 $15,975 $15,975 $0
2021 $1,157 $15,975 $15,975 $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: 10149298

Memphis Area Association of REALTORS®

APN: 08-1027-0-0020