$875,000
SOLD NOV 20, 2024

720 Magnolia Ln Piperton, TN 38017

4 Beds
4.5 Baths
3,600-3,799 Sq Ft
0.61 Acres

Recently Sold

$230 Per Sq Ft

10% Below List Price

66 Days on Market

Highlights

  • Water Views
  • Landscaped Professionally
  • Den with Fireplace
  • Sitting Area In Primary Bedroom
  • Community Lake
  • Vaulted Ceiling

About This Home

As of November 2024

Twin Lakes home that is truly move in ready and better than new! Meticulous inside and out! So many amenities and features to enjoy and love! Katie Clark built custom home with attention to detail through out! 4 bedrooms, 4.5 baths (2 bedrooms down) plus den/office/playroom up. Additional features: Tankless (2) water heaters, Butler's Pantry, screened patio off kitchen and Primary, and outdoor covered living area w/fireplace and cooking area overlooking the serene backyard w/lake view!

Last Agent to Sell the Property

Maureen Fraser

John Green & Co., REALTORS License #302741 Listed on: 08/05/2024

Last Buyer's Agent

Dana Landry

Life, REALTORS License #286531

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,554

Year Built

  • Built in 2020

Lot Details

  • 0.61 Acre Lot
  • Wood Fence
  • Landscaped Professionally
  • Sprinklers on Timer
  • Few Trees

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,600-3,799 Sq Ft Home
  • 3,656 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Some Wood Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • 2 Fireplaces
  • Bonus Room
  • Screened Porch
  • Storage Room
  • Laundry Room
  • Water Views
  • Attic Access Panel

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Brick
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Dressing Area
  • Primary Bathroom is a Full Bathroom
  • Pullman Style Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Cove
  • Patio
  • Outdoor Gas Grill

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Twin Lakes Of Piperton Subdivision
  • Mandatory home owners association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 164D A01100

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,554

Year Built

Built in 2020

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Twin Lakes Road
  • MLS Map #: 655A
  • MAAR Subdivision Name: TWIN LAKES OF PIPERTON PH2
  • Number Of Stories: 2
  • Price Per Sq Ft: 239.33
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3656
  • Termite Contract: Yes
  • Year Built: 2020
  • List Price/ Sq Ft: 245
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Office, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 3600-3799
  • Bedroom 2 Description: Level 1, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Pullman Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Prefabricated, Ventless Gas Fireplace, In Den/Great Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Brick Floor, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Instant Hot Water, Cable Wired, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Separate Den, Great Room, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Attic Access, Walk-In Attic, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Attic, Storage Room
  • Total Bathrooms: 4.1
  • Primary Bathroom Description: Double Sinks, Separate Shower, Dressing Area, 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, Sitting Area, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Gas Grill, Porch, Screen Porch, Patio, Covered Patio
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage

Utilities

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

Association/Amenities

  • Annual Association Fee: 1000
  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Water View, Cove, Professionally Landscaped, Wood Fenced
  • Lot Number: 109
  • Acreage: 0.61
  • Lot Size: 26394 SF
  • Price Per Acre: 1467049
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: 164D A01100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2024
Closed on
Nov 20, 2024
Sold by
Mundy William E and Mundy Dawn R
Bought by
Stauf Sarah
Seller's Agent
Maureen Fraser
John Green & Co., REALTORS
Buyer's Agent
Dana Landry
Life, REALTORS
List Price
$975,000
Sold Price
$875,000
Premium/Discount to List
-$100,000
-10.26%
Total Days on Market
66
Views
75
Current Estimated Value
$874,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$576
Avg. Annual Appreciation
-0.12%

Purchase Details

Closed on
Oct 7, 2020
Sold by
Clark Kathryn E
Bought by
Mundy William E and Mundy Dawn R

Purchase Details

Closed on
Aug 23, 2018
Sold by
Twin Lakes Joint Venture
Bought by
Clark Kathryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $875,000 Local Title & Closing Services
Warranty Deed $875,000 Local Title & Closing Services
Warranty Deed $673,083 None Available
Special Warranty Deed $103,750 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $460,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2024 11/20/24 Sold $875,000 -2.2% $243 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
08/27/2024 08/27/24 Price Changed $894,900 -0.6% $249 / Sq Ft
08/14/2024 08/14/24 Price Changed $899,900 -7.7% $250 / Sq Ft
08/05/2024 08/05/24 For Sale $975,000 -- $271 / 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
2024 $2,554 $158,700 $26,250 $132,450
2023 $2,050 $158,700 $0 $0
2022 $2,554 $158,700 $26,250 $132,450
2021 $2,554 $158,700 $26,250 $132,450
2020 $1,259 $158,700 $26,250 $132,450
2019 $447 $23,750 $23,750 $0
2018 $447 $23,750 $23,750 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10178514

Memphis Area Association of REALTORS®

APN: 024164D A 01100