NOT LISTED FOR SALE

Estimated Value: $1,894,000 - $2,466,000

6 Beds
7 Baths
8,000-8,999 Sq Ft
$234/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $2,225,000 $247 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $12,740/month

Highlights

  • Detached Guest House
  • Second Kitchen
  • In Ground Pool
  • White Station High Rated A
  • Home Theater
  • Garage Apartment

About This Home

As of May 2022

Spectacular 6 Bedroom brick traditional w/ sep. Guest house & Pool on gated 1 acre lot in prime East Memphis location. Custom built 8 years ago by Bob Reed, it features a 5 car garage, circular drive, phantom screen porch, outdoor cooking kitchen, hot tub, fire pit, top quality finishes, an array of Viking appliances, Media room, 2 playrooms, Elevator, Primary BR & Guest BR down, 4 up (plus 1 BR Guest house). 8252 SF plus 2000+ SF guest house/playrm. 6 HVAC systems,3 tankless water heaters

Last Agent to Sell the Property

Jennifer & Joel Hobson

Hobson, REALTORS License #24371 Listed on: 03/26/2022

Last Buyer's Agent

Barbie Dan

Ware Jones, REALTORS License #248919

Ware Jones, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,185

Year Built

  • Built in 2014

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 185x248
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped Professionally
  • Sprinklers on Timer
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 8,000-8,999 Sq Ft Home
  • 8,569 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Mud Room
  • Two Story Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Den with Fireplace
  • Bonus Room
  • Play Room
  • Screened Porch
  • Storage Room
  • Keeping Room

Kitchen

  • Updated Kitchen
  • Second Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Burglar Security System
  • Security Gate

Parking

  • 5 Car Attached Garage
  • Garage Apartment
  • Workshop in Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Gated Parking

Outdoor Features

  • In Ground Pool
  • Patio
  • Outdoor Gas Grill

Additional Homes

  • Detached Guest House

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Gas Water Heater

Community Details

  • Pleasant Acres First Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 056043 00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,185

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Lexington
  • MAAR Subdivision Name: PLEASANT ACRES 1ST ADD
  • List Price Per Sq Ft: 303
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 8569
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1/2 Bath, 2 or More Baths, Laundry Room, Keeping/Hearth Room, Office
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room, Bonus Room, Media Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 8000 - 8999
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 2
  • Bedroom 4 Description: Level 2
  • Bedroom 5 Description: Level 2
  • Bedrooms: 6
  • Bedrooms Down: 2
  • Fireplace: In Living Room, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Marble/Terrazzo, Smooth Ceiling, 9 or more Ft. Ceiling, Two Story Foyer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Equipment: Range/Oven, Self Cleaning Oven, Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Separate Ice Maker
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen, Washer/Dryer Connections, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Rear Stairs to Playroom, Mud Room, Cat/Dog Free House, Security System, Elevator
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Play Room, Bonus Room, Office/Sewing Room, In-Law Quarters, Separate Guest House, 2nd Kitchen, Entry Hall, Media Room
  • P R I M A R Y B E D R O O M: Level 1

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Gas Grill, Porch, Screen Porch, Patio, Covered Patio, Garage Apartment
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 5
  • Parking Display: G5A
  • Parking Storage: Circular Drive, More than 3 Coverd Spaces, Storage Room(s), Workshop(s), Garage Door Opener(s), Back-Load Garage, Gated Parking, Gate Clickers

Utilities

  • Cooling: Central, Ceiling Fan(s), 3 or More Systems
  • Heating: Central, 3 or More Systems
  • Security: Burglar Alarm, Security Gate, Limited Access, Dead Bolt Lock(s)
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Professionally Landscaped, Wood Fenced, Iron Fenced
  • Lot Number: 85
  • Acreage: 1.03
  • Keeping Hearth Dimension: 29x18
  • Lot Size: 185X248

Tax Info

  • Assessor Parcel Number: 056043 00008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2015
Closed on
Aug 17, 2015
Sold by
Kodali Nagendra S and Yalamanchili Vanisri
Bought by
Forbush Matthew and Forbush Diane Kathleen Smith
Seller's Agent
Judy McLellan
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jennifer & Joel Hobson
Hobson, REALTORS
List Price
$2,049,000
Sold Price
$1,800,000
Premium/Discount to List
-$249,000
-12.15%
Current Estimated Value
$2,108,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,531
Avg. Annual Appreciation
1.56%

Purchase Details

Closed on
Jan 17, 2013
Sold by
Spell R A and Spell Sandra D
Bought by
Kodali Nagendra S and Yalamanchili Vanisri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,090,775
Interest Rate
3.35%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 8, 2005
Sold by
Francomacaro James J and Convey Angela C
Bought by
Spell R A and Spell Sandra D
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
Forbush Matthew $1,800,000 Attorney
Kodali Nagendra S $290,000 None Available
Spell R A $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kodali Nagendra S $1,090,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2022 05/25/22 Sold $2,225,000 -14.3% $278 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
03/26/2022 03/26/22 For Sale $2,595,000 +44.2% $324 / Sq Ft
08/17/2015 08/17/15 Sold $1,800,000 -12.2% $212 / Sq Ft View Prior Sale
07/28/2015 07/28/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $2,049,000 -- $241 / 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 $20,185 $631,625 $89,700 $541,925
2024 $20,185 $595,425 $75,250 $520,175
2023 $36,271 $595,425 $75,250 $520,175
2022 $36,271 $595,425 $75,250 $520,175
2021 $20,542 $595,425 $75,250 $520,175
2020 $38,065 $525,325 $75,250 $450,075
2019 $16,789 $525,325 $75,250 $450,075
2018 $19,217 $601,300 $75,250 $526,050
2017 $19,671 $601,300 $75,250 $526,050
2016 $21,976 $502,875 $0 $0
2014 $9,755 $136,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10120382

Memphis Area Association of REALTORS®

APN: 05-6043-0-0008