NOT LISTED FOR SALE

720 Rhetts Way Collierville, TN 38017

Estimated Value: $371,000 - $418,000

4 Beds
2 Baths
2,000-2,199 Sq Ft
$177/Sq Ft Est. Value

Last Sold June 19, 2014

Last sale price $200,000 $91 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,358/month

9 Days on Market

Highlights

  • In Ground Pool
  • Updated Kitchen
  • Main Floor Primary Bedroom
  • Collierville Elementary School Rated A-
  • Traditional Architecture
  • Whirlpool Bathtub

About This Home

As of June 2014

Well maintained home in sought after area featuring 4 BR, 2 BA, newly painted throughout, Granite in Kitchen and Master Bath, new hardware throughout, Ceramic Tile, Masonary Fireplace in Great room, Walk-in Closet, Refrigerator, Inground Pool and Polaris Pool Equipment, Large Screened-In Back Porch with new screens, large lot, and Separate Storage Building. Perfect for entertaining!

Last Agent to Sell the Property

Barbara Rea

Keller Williams License #256066 Listed on: 04/30/2014

Last Buyer's Agent

Griffin Elkington

River City Land Co., LLC License #299234

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,475

Year Built

  • Built in 1986

Lot Details

  • 0.42 Acre Lot
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,000-2,199 Sq Ft Home
  • 2,093 Sq Ft Home
  • 1.5-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Screened Porch
  • Storage Room

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall
  • Window or Skylight in Bathroom

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Home Security

  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Lawnwood Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number C0245Y A00014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,475

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: E LAWNWOOD
  • MLS Map #: 873D
  • MAAR Subdivision Name: LAWNWOOD SEC A
  • List Price Per Sq Ft: 98
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 95.56
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2093
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 1 Bath
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: Primary Down, Luxury Primary Bath, Whirlpool(s), Separate Tub & Shower, Sky Light(s) in Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: 2000-2199
  • Bedroom 2 Description: Level 2, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Wall to Wall Carpet, Tile, Sprayed Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Microwave, Refrigerator, Cable Wired, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Pull Down Attic Stairs, Attic Access, Walk-In Attic, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet, Entry Hall, Attic, Storage Room
  • Total Bathrooms: 2
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Pool Cleaning Equipment, Storage Building, Porch, Screen Porch, Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 2
  • Parking Display: 2A
  • Parking Storage: Storage Room(s), Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central, Gas, Dual System
  • Security: Smoke Detector(s)
  • Water Sewer: Electric Water Heater, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: 40
  • Acreage: 0.42
  • Keeping Hearth Dimension: 00x00
  • Lot Size: 103.04/100.20 X 182.57/182.55
  • Price Per Acre: 487857

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: C0245Y A00014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2014
Closed on
Jun 19, 2014
Sold by
Mitchell Christopher and Mitchell Toyah N
Bought by
Strong Brook N and Strong Shannon E
Seller's Agent
Barbara Rea
Keller Williams
Buyer's Agent
Griffin Elkington
River City Land Co., LLC
List Price
$204,900
Sold Price
$200,000
Premium/Discount to List
-$4,900
-2.39%
Total Days on Market
9
Current Estimated Value
$389,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,655
Avg. Annual Appreciation
6.15%
Original Mortgage
$196,377
Outstanding Balance
$151,268
Interest Rate
4.23%
Mortgage Type
FHA
Estimated Equity
$237,447

Purchase Details

Closed on
Nov 17, 2011
Sold by
Oldham Robert S and Oldham Crystal P
Bought by
Mitchell Christopher and Mitchell Tovah N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,234
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 22, 2006
Sold by
Bond Christopher R and Bond Leslie Gift
Bought by
Oldham Robert S and Oldham Crystal P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.31%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 26, 1999
Sold by
Hurlburt William D and Hurlburt Lora L
Bought by
Bond Christopher R and Bond Leslie Gift

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,500
Interest Rate
6.9%
Source: Public Records

Range of Values:

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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
Strong Brook N $200,000 Fntg
Mitchell Christopher $188,000 Realty Title & Escrow Co Inc
Oldham Robert S $200,000 Realty Title
Bond Christopher R $154,500 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strong Brook N $85,000
Closed Strong Brook N $43,600
Open Strong Brook N $196,377
Previous Owner Mitchell Christopher $183,234
Previous Owner Oldham Robert S $200,000
Previous Owner Bond Christopher R $145,900
Previous Owner Bond Christopher R $146,500
Previous Owner Hurlburt William D $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2014 06/19/14 Sold $200,000 -2.4% $100 / Sq Ft
05/09/2014 05/09/14 Pending -- -- --
04/30/2014 04/30/14 For Sale $204,900 -- $102 / 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 $2,475 $97,750 $18,475 $79,275
2024 $2,475 $73,000 $11,075 $61,925
2023 $3,818 $73,000 $11,075 $61,925
2022 $3,730 $73,000 $11,075 $61,925
2021 $3,774 $73,000 $11,075 $61,925
2020 $3,368 $57,275 $11,075 $46,200
2019 $2,320 $57,275 $11,075 $46,200
2018 $2,320 $57,275 $11,075 $46,200
2017 $2,354 $57,275 $11,075 $46,200
2016 $2,217 $50,725 $0 $0
2014 $2,217 $50,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Barbara Rea

    Keller Williams

  • G

    Buyer's Agent in 2014

    Griffin Elkington

    River City Land Co., LLC

    1 in this area

    27 Total Sales

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9925730

Memphis Area Association of REALTORS®

APN: C0-245Y-A0-0014

Tennessee Shelby County Collierville 38017

720 Rhetts Way, Collierville, TN

This home is located at 720 Rhetts Way, Collierville, TN 38017 since 30 April 2014 and is currently estimated at $388,267, approximately $176 per square foot. This property was built in 1986. 720 Rhetts Way is a home located in Shelby County with nearby schools including Collierville Elementary School, Collierville Middle School, and Collierville High School.

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