NOT LISTED FOR SALE

7162 N Germanwood Ct Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $202,000 - $223,000

3 Beds
2.5 Baths
1,600-1,799 Sq Ft
$118/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $192,000 $107 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,212/month

Highlights

  • Gated Parking
  • Traditional Architecture
  • 1 Fireplace
  • Vaulted Ceiling
  • Wood Flooring
  • Great Room

About This Home

As of January 2022

This townhouse is located in a beautiful gated community. This adorable home has 3 very spacious bedrooms/2.5 baths with a garage, patio, large fenced backyard and storage shed. The great room has beautiful hardwood floors and a cozy fireplace.

Last Agent to Sell the Property

Nicholas Kinsey

KAIZEN Realty, LLC License #356757 Listed on: 12/14/2021

Last Buyer's Agent

Centrell Hicks

4 Success Realty, LLC License #358429

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $986

Year Built

  • Built in 1985

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 36x120
  • Wood Fence
  • Landscaped
  • Level Lot

Home Design

  • Traditional Architecture
  • Property Attached

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,676 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • 1 Fireplace
  • Some Wood Windows
  • Great Room
  • Combination Kitchen and Dining Room
  • Iron Doors
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bathroom is a Full Bathroom

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Gated Parking
  • Guest Parking

Outdoor Features

  • Cove
  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System

Community Details

  • Germanwood Lane Final Plan Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 093517 A00022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$986

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 787A
  • MAAR Subdivision Name: GERMANWOOD LANE
  • List Price Per Sq Ft: 104
  • Number Of Stories: 2
  • Price Per Sq Ft: 114.56
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1676
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Up, Vaulted/Coffered Primary
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 2, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, Textured Ceiling
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Living Dining Kitchen: Great Room, Eat-In Kitchen, Pantry, Washer/Dryer Connections, Kit/DR Combo
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2.1
  • P R I M A R Y B E D R O O M: Level 2, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Storage Building, Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Wood Window(s)

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Garage Door Opener(s), Front-Load Garage, Gated Parking, Designated Guest Parking

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Cove, Landscaped, Wood Fenced
  • Lot Number: 22
  • Acreage: 0.12
  • Lot Size: 36X120
  • Price Per Acre: 1448458

Multi Family

  • Number Of Rooms: 6

Tax Info

  • Assessor Parcel Number: 093517 A00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2021
Closed on
Jan 18, 2022
Sold by
Wilson Damita B
Bought by
Arnold Talib
Seller's Agent
Nicholas Kinsey
KAIZEN Realty, LLC
Buyer's Agent
Centrell Hicks
4 Success Realty, LLC
List Price
$173,815
Sold Price
$192,000
Premium/Discount to List
$18,185
10.46%
Current Estimated Value
$212,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,161
Avg. Annual Appreciation
1.94%
Original Mortgage
$186,996
Outstanding Balance
$173,743
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$32,210

Purchase Details

Closed on
Apr 19, 2001
Sold by
Ailsworth Sharon D
Bought by
Wilson Damita B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,227
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 1998
Sold by
Williams James B
Bought by
Ailsworth Sharon D
Source: Public Records

Range of Values:

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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
Arnold Talib $192,000 Preferred Title & Escrow
Wilson Damita B $94,000 --
Ailsworth Sharon D $89,024 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnold Talib $186,996
Previous Owner Wilson Damita B $60,750
Previous Owner Wilson Damita B $906
Previous Owner Wilson Damita B $94,455
Previous Owner Wilson Damita B $93,227
Closed Arnold Talib $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2022 01/19/22 Sold $192,000 +10.5% $120 / Sq Ft
12/16/2021 12/16/21 For Sale $173,815 -9.5% $109 / Sq Ft
12/14/2021 12/14/21 Off Market $192,000 -- --
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 $986 $45,225 $8,750 $36,475
2024 $986 $29,100 $5,150 $23,950
2023 $1,773 $29,100 $5,150 $23,950
2022 $1,773 $29,100 $5,150 $23,950
2021 $1,004 $29,100 $5,150 $23,950
2020 $1,784 $24,625 $5,150 $19,475
2019 $787 $24,625 $5,150 $19,475
2018 $787 $24,625 $5,150 $19,475
2017 $806 $24,625 $5,150 $19,475
2016 $1,095 $25,050 $0 $0
2014 $1,095 $25,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    Nicholas Kinsey

    KAIZEN Realty, LLC

  • Centrell Hicks

    Buyer's Agent in 2022

    Centrell Hicks

    4 Success Realty, LLC

    (305) 282-1784

    1 in this area

    4 Total Sales

    Centrell Hicks
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10114305

Memphis Area Association of REALTORS®

APN: 09-3517-A0-0022

Tennessee Shelby County Memphis 38125 Southern Shelby County

7162 N Germanwood Ct, Memphis, TN

This home is located at 7162 N Germanwood Ct, Memphis, TN 38125 since 14 December 2021 and is currently estimated at $212,161, approximately $117 per square foot. This property was built in 1985. 7162 N Germanwood Ct is a home located in Shelby County with nearby schools including Germanshire Elementary School, Kirby High School, and East Academy.

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