NOT LISTED FOR SALE

6871 Hedgewood Ln Memphis, TN 38135

Estimated Value: $406,000 - $437,269

4 Beds
2.5 Baths
3,000-3,199 Sq Ft
$132/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $451,000 $141 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,429/month

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Oak Elementary School Rated A-
  • Wood Flooring
  • Attic

About This Home

As of June 2022

Great floor plan for entertaining. Beautifully updated kitchen. Primary and office downstairs. Spacious great room with built-ins and fireplace. Quiet neighborhood, but convenient to all the amenities. Showings begin Friday, April 29th.

Last Agent to Sell the Property

Emily Pilkinton

BHHS McLemore & Co. Realty License #355640 Listed on: 04/28/2022

BHHS McLemore & Co. Realty

Last Buyer's Agent

Allison Holden

BHHS McLemore & Co., Realty License #366560

BHHS McLemore & Co., Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,215

Year Built

  • Built in 1995

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 90x125
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 3,042 Sq Ft Home
  • 1.5-Story Property
  • Fireplace With Gas Starter
  • Some Wood Windows
  • Combination Dining and Living Room
  • Breakfast Room
  • Den with Fireplace
  • Play Room
  • Storm Doors
  • Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

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

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Voluntary home owners association
  • Briarwood Section 1 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number B0157L B00072

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,215

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 855A
  • MAAR Subdivision Name: BRIARWOOD PH1B
  • List Price Per Sq Ft: 135
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 148.26
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3042
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room, Breakfast Room, Office
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath, Play Room/Rec Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedroom 2 Description: Level 2
  • Bedroom 3 Description: Level 2
  • Bedroom 4 Description: Level 2
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: In Den/Great Room, Gas Starter
  • Floors/Ceilings: Part Hardwood, Part Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Dining Room, LR/DR Combination, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: Walk-In Attic
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Play Room, Office/Sewing Room, Attic
  • Total Bathrooms: 2.1
  • 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: Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Electric Water Heater

Association/Amenities

  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Some Trees, Level, Corner, Landscaped, Wood Fenced
  • Lot Number: 85
  • Acreage: 0.26
  • Lot Size: 90X125
  • Price Per Acre: 1576923

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: B0157L B00072

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jun 3, 2022
Sold by
Davenport Derek S and Davenport Jennifer E
Bought by
Adams Jason Lee and Adams Elizabeth E
Seller's Agent
Emily Pilkinton
BHHS McLemore & Co. Realty
Buyer's Agent
Allison Holden
BHHS McLemore & Co., Realty
List Price
$410,000
Sold Price
$451,000
Premium/Discount to List
$41,000
10%
Current Estimated Value
$423,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,683
Avg. Annual Appreciation
-1.87%
Original Mortgage
$416,765
Outstanding Balance
$396,553
Interest Rate
5.27%
Mortgage Type
VA
Estimated Equity
$26,764

Purchase Details

Listed on
Aug 29, 2013
Closed on
Sep 30, 2013
Sold by
Montague Larry E and Montague Betty Wood
Bought by
Davenport Derek S and Davenport Jennifer E
Seller's Agent
Melissa Blume Thompson
eXp Realty
Buyer's Agent
Debbie Florendo
eXp Realty, LLC
List Price
$219,900
Sold Price
$215,000
Premium/Discount to List
-$4,900
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
Original Mortgage
$204,250
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2007
Sold by
Contratto Joe M and Contratto Melanie K
Bought by
Montague Larry E and Montague Betty Wood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.37%
Mortgage Type
Unknown
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
Adams Jason Lee $451,000 Edco Title & Closing Services
Davenport Derek S $215,000 None Available
Montague Larry E $220,000 Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Jason Lee $416,765
Previous Owner Davenport Derek S $204,250
Previous Owner Montague Larry E $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2022 06/06/22 Sold $451,000 +10.0% $150 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $410,000 +90.7% $137 / Sq Ft
09/30/2013 09/30/13 Sold $215,000 -2.2% $72 / Sq Ft View Prior Sale
09/07/2013 09/07/13 Pending -- -- --
08/29/2013 08/29/13 For Sale $219,900 -- $73 / 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 $2,215 $107,800 $19,500 $88,300
2024 $2,215 $65,350 $11,925 $53,425
2023 $3,346 $65,350 $11,925 $53,425
2022 $3,346 $65,350 $11,925 $53,425
2021 $2,255 $65,350 $11,925 $53,425
2020 $2,918 $49,625 $11,250 $38,375
2019 $908 $49,625 $11,250 $38,375
2018 $2,010 $49,625 $11,250 $38,375
2017 $2,948 $49,625 $11,250 $38,375
2016 $2,079 $47,575 $0 $0
2014 $2,079 $47,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10122805

Memphis Area Association of REALTORS®

APN: B0-157L-B0-0072