NOT LISTED FOR SALE

71 Preservation Ct Eads, TN 38028

Gray's Creek Neighborhood

Estimated Value: $3,456,261 - $3,882,000

5 Beds
8 Baths
8,000-8,999 Sq Ft
$412/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $4,000,000 $444 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $22,658/month

94 Days on Market

Highlights

  • Home Theater
  • Lake On Lot
  • Gated Community
  • Pool House
  • Sitting Area In Primary Bedroom
  • Updated Kitchen

About This Home

As of June 2024

Presenting a magnificent 8 acre luxurious private retreat. This property defines sophistication. The grand 8800 sq ft estate is completed by offering a lavish pool, pool house & fully stocked pond. Features 5 bedrooms, 2 offices, Theatre, Wine Cellar, Gourmet Kitchen, Bunk Room,Play Room, 2 Laundry Rooms, Impeccable Landscaping, Multiple Outdoor Living Porches, Copper roof, and much more. Designed by LRK, built by Hank Hill. A haven for entertainment, relaxation and privacy. Pure custom luxury.

Last Agent to Sell the Property

Lucy Doane

Crye-Leike, Inc., REALTORS License #251513 Listed on: 02/05/2024

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Jimmy Reed

Marx-Bensdorf, REALTORS License #205881

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 8 Acre Lot
  • Waterfront
  • Wood Fence
  • Brick Fence
  • Landscaped Professionally
  • Level Lot
  • Sprinklers on Timer
  • Wooded Lot

HOA Fees

  • $783 Monthly HOA Fees

Home Design

  • English Architecture

Interior Spaces

  • 8,000-8,999 Sq Ft Home
  • 8,881 Sq Ft Home
  • 2.1-Story Property
  • Wet Bar
  • Built-in Bookshelves
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Double Pane Windows
  • Window Treatments
  • Casement Windows
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Den with Fireplace
  • 2 Fireplaces
  • Bonus Room
  • Play Room
  • Screened Porch
  • Storage Room
  • Laundry Room
  • Water Views
  • Finished Basement
  • Partial Basement
  • Attic

Kitchen

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

Flooring

  • Wood
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 5 Bedrooms | 1 Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Monitored
  • Security Gate
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 5 Car Attached Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Pool

  • Pool House
  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Cove
  • Lake On Lot
  • Courtyard
  • Patio
  • Separate Outdoor Workshop
  • Outdoor Gas Grill

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number D0222S A00020C

Community Details

Overview

  • Preserve Of Notting Hill Subdivision
  • Mandatory home owners association

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$783 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: English
  • Detached Unit Type: General Residential
  • Cross Street: Monterey
  • MLS Map #: 798A
  • MAAR Subdivision Name: PRESERVE OF NOTTING HILL
  • Number Of Stories: 2.1
  • Price Per Sq Ft: 450.4
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 8881
  • Year Built: 2003
  • List Price/ Sq Ft: 484
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1/2 Bath, 2 or More Baths, Laundry Room, Breakfast Room, Office
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room, Laundry 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, Half Bath Down
  • Estimated Heated Sq Ft Range: 8000 - 8999
  • Bedroom 2 Description: Level 2, Walk-In Closet, Private Full Bath, Built-In Cabinets/Bkcases, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Private Full Bath, Built-In Cabinets/Bkcases, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 2, Walk-In Closet, Private Full Bath, Built-In Cabinets/Bkcases, Smooth Ceiling, Hardwood Floor
  • Bedroom 5 Description: Level 2, Walk-In Closet, Private Full Bath, Built-In Cabinets/Bkcases, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Fireplace: Masonry, In Den/Great Room, Gas Starter
  • Floors/Ceilings: Hardwood Throughout, Tile, Slate, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Equipment: Range/Oven, Continuous Cleaning Oven, Self Cleaning Oven, Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Walk-In Attic, Rear Stairs to Playroom, Mud Room, Cat/Dog Free House, Security System, Smoke Detector(s), Monitored Alarm, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Play Room, Bonus Room, Office/Sewing Room, Finished Basement, Entry Hall, Media Room, Attic, Storage Room
  • Total Bathrooms: 4.4
  • Primary Bathroom Description: Double Sinks, Separate Shower, Smooth Ceiling
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Sitting Area, Built-In Cabinets/Bkcases, Smooth Ceiling

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Auto Lawn Sprinkler, Pool Cleaning Equipment, Gas Grill, Porch, Screen Porch, Patio, Covered Patio, Pool House, Courtyard, Wooded Grounds, Well Landscaped Grounds, Brick or Stone Fence, Wood Fence, Workshop, Brick/Ironed Fence
  • Exterior Windows: Brick Veneer, Double Pane Window(s), Casement Window(s)
  • Foundation: Partial Basement
  • Pool Description: In Ground

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), Side-Load Garage, Gate Clickers

Utilities

  • Cooling: Central, Ceiling Fan(s), 3 or More Systems, 220 Wiring
  • Heating: Central, Gas, 3 or More Systems
  • Security: Burglar Alarm, Monitored Alarm System, Smoke Detector(s), Security Gate
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water

Association/Amenities

  • Annual Association Fee: 9400
  • Neighborhood Amenities: Gated Neighborhood
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Wooded, Level, Lake/Pond on Property, Water Frontage, Water View, Cove, Professionally Landscaped, Wood Fenced, Brick/Stone Fenced
  • Lot Number: 20 & 21
  • Acreage: 8
  • Lot Size: 348654 SF 100 FT FRONTAGE
  • Price Per Acre: 536875

Multi Family

  • Number Of Rooms: 17

Tax Info

  • Assessor Parcel Number: D0222S A00020C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2025
Sold by
Longo Celeste G
Bought by
Michael Everett Longo And Celeste Guidry Long and Longo
Current Estimated Value
$3,706,815

Purchase Details

Listed on
Feb 5, 2024
Closed on
Jun 7, 2024
Sold by
P 71 Fe Llc
Bought by
Longo Celeste G
Seller's Agent
Lucy Doane
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jimmy Reed
Marx-Bensdorf, REALTORS
List Price
$4,750,000
Sold Price
$4,000,000
Premium/Discount to List
-$750,000
-15.79%
Views
260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.96%

Purchase Details

Listed on
May 6, 2021
Closed on
Sep 20, 2021
Sold by
Skudder Eizabeth A and Skudder David B
Bought by
P71 Fe Llc
Seller's Agent
Judy McLellan
Crye-Leike, Inc., REALTORS
Buyer's Agent
Lucy Doane
Crye-Leike, Inc., REALTORS
List Price
$4,495,000
Sold Price
$4,000,000
Premium/Discount to List
-$495,000
-11.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$2,800,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 10, 2012
Sold by
Skudder Elizabeth A
Bought by
Skudder Elizabeth A and Skudder David B

Purchase Details

Closed on
Jul 12, 2000
Sold by
Notting Hill Joint Venture
Bought by
Skudder Elizabeth A
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
Michael Everett Longo And Celeste Guidry Long -- None Listed On Document
Longo Celeste G $4,000,000 None Listed On Document
P71 Fe Llc $4,000,000 Mid South Title Services Llc
Skudder Elizabeth A -- None Available
Skudder Elizabeth A $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner P71 Fe Llc $2,800,000
Previous Owner Skudder David B $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $4,000,000 -6.9% $500 / Sq Ft
04/02/2024 04/02/24 Price Changed $4,295,000 -9.6% $537 / Sq Ft
02/05/2024 02/05/24 For Sale $4,750,000 +18.8% $594 / Sq Ft
09/20/2021 09/20/21 Sold $4,000,000 -11.0% $500 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $4,495,000 -- $562 / 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 -- $938,575 $79,875 $858,700
2024 $25,507 $752,425 $79,875 $672,550
2023 $25,507 $752,425 $79,875 $672,550
2022 $25,507 $752,425 $79,875 $672,550
2021 $0 $403,500 $79,875 $323,625
2020 $13,984 $345,275 $99,225 $246,050
2019 $13,984 $345,275 $99,225 $246,050
2018 $13,984 $345,275 $99,225 $246,050
2017 $14,191 $345,275 $99,225 $246,050
2016 $12,577 $287,800 $0 $0
2014 $12,577 $316,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lucy Doane

    Seller's Agent in 2024

    Lucy Doane

    Crye-Leike

    (901) 340-6653

    2 in this area

    48 Total Sales

    Lucy Doane
    Section Image
  • Jimmy Reed

    Buyer's Agent in 2024

    Jimmy Reed

    Marx-Bensdorf, REALTORS

    (901) 461-1868

    22 in this area

    140 Total Sales

    Jimmy Reed
    Section Image
  • Judy McLellan

    Seller's Agent in 2021

    Judy McLellan

    Crye-Leike, Inc., REALTORS

    (901) 277-5839

    25 in this area

    387 Total Sales

    Judy McLellan
    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Mickey McLellan

    Crye-Leike, Inc., REALTORS

    (901) 277-5840

    22 in this area

    268 Total Sales

    Mickey McLellan
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10165306

Memphis Area Association of REALTORS®

APN: D0-222S-A0-0020C

Tennessee Shelby County Eads 38028 Gray's Creek

71 Preservation Ct, Eads, TN

This home is located at 71 Preservation Ct, Eads, TN 38028 since 05 February 2024 and is currently estimated at $3,706,815, approximately $411 per square foot. This property was built in 2003. 71 Preservation Ct is a home located in Shelby County with nearby schools including Macon-Hall Elementary School, Mt. Pisgah Middle School, and Germantown High School.

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