NOT LISTED FOR SALE

7241 McVay Manor Cove Germantown, TN 38138

Estimated Value: $783,000 - $937,088

5 Beds
4.5 Baths
5,500-5,999 Sq Ft
$146/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $650,000 $108 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,195/month

Highlights

  • Two Primary Bedrooms
  • Updated Kitchen
  • Living Room with Fireplace
  • Riverdale Elementary School Rated A
  • Landscaped Professionally
  • Vaulted Ceiling

About This Home

As of August 2020

Situated in a private cove in one of Germantown’s most desirable communities. Chef’s kitchen w/ oversized island, upscale appliances & remarkable butlers pantry. Open floor plan w/ coffered ceilings and two fireplaces. Spacious master on main, bespoke lighting throughout, home theatre w/ snack bar & 3 attics. Remarkable backyard w/ 720 sqft covered outdoor living space, bar & gas fire pit. Low maintenance zero lot line & 3 car garage. Friendly community w/ yearly wine tastings & more!

Last Agent to Sell the Property

Meredith Vezina

Keller Williams License #340765 Listed on: 05/23/2020

Keller Williams

Co-Listed By

John Moore

Keller Williams License #338713

Last Buyer's Agent

Sarah Layson

Keller Williams License #327167

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,801

Year Built

  • Built in 2004

Lot Details

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

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 5,500-5,999 Sq Ft Home
  • 5,833 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den with Fireplace
  • Permanent Attic Stairs
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

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

Outdoor Features

  • Cove
  • Covered Patio or Porch

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

Community Details

  • Mcvay Manor Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number G0230Q K00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,801

Year Built

Built in 2004

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 861C
  • MAAR Subdivision Name: MCVAY MANOR
  • List Price Per Sq Ft: 126
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 111.43
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 5833
  • Year Built: 2004
  • 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, 2 or More Baths, Laundry Room, Office
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Two Primaries, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 5500 - 5999
  • Bedroom 2 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 1
  • Fireplace: Ventless Gas Fireplace, In Living Room, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Permanent Attic Stairs, Walk-In Attic, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Entry Hall, Attic
  • Total Bathrooms: 4.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, 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, Vaulted/Coffered Ceiling, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Covered Patio, Well Landscaped Grounds, Wood Fence, Sidewalks
  • Exterior Windows: Brick Veneer, Aluminum Window(s)
  • 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, 3 or More Systems, 220 Wiring
  • Heating: Central, Gas, 3 or More Systems
  • Security: Monitored Alarm System, Smoke Detector(s)
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 1000
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Cove, Professionally Landscaped, Wood Fenced
  • Lot Number: 9
  • Acreage: 0.31
  • Lot Size: 86.45 X 155.12 IRR
  • Price Per Acre: 2377419

Multi Family

  • Number Of Rooms: 12

Tax Info

  • Assessor Parcel Number: G0230Q K00009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2020
Closed on
Aug 28, 2020
Sold by
Roberts Spencer J and Roberts Diana L
Bought by
Layson Sarah Elizabeth and Layson Andrew Scott
Seller's Agent
Meredith Vezina
Keller Williams
Buyer's Agent
Sarah Layson
Keller Williams
List Price
$750,000
Sold Price
$650,000
Premium/Discount to List
-$100,000
-13.33%
Current Estimated Value
$873,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,022
Avg. Annual Appreciation
5.93%
Original Mortgage
$510,400
Outstanding Balance
$453,778
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$419,244

Purchase Details

Closed on
Dec 15, 2004
Sold by
Kircher Belz Builders Llc
Bought by
Roberts Spencer J and Roberts Diana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
4.62%
Mortgage Type
Unknown
Source: Public Records

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 Buyer Sale Price Title Company
Layson Sarah Elizabeth $650,000 Home Surety T&E Llc
Roberts Spencer J $630,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Layson Sarah Elizabeth $510,400
Previous Owner Roberts Spencer J $359,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $650,000 -11.8% $118 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
06/27/2020 06/27/20 Price Changed $737,000 -1.7% $134 / Sq Ft
05/23/2020 05/23/20 For Sale $750,000 -- $136 / 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 $5,801 $208,375 $47,500 $160,875
2024 $5,801 $171,125 $38,475 $132,650
2023 $8,947 $171,125 $38,475 $132,650
2022 $8,664 $171,125 $38,475 $132,650
2021 $8,899 $171,125 $38,475 $132,650
2020 $9,285 $154,750 $38,475 $116,275
2019 $6,267 $154,750 $38,475 $116,275
2018 $6,267 $154,750 $38,475 $116,275
2017 $9,409 $154,750 $38,475 $116,275
2016 $6,236 $142,700 $0 $0
2014 $6,236 $142,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Meredith Vezina

    Seller's Agent in 2020

    Meredith Vezina

    Keller Williams

    (901) 212-7341

    21 in this area

    224 Total Sales

    Meredith Vezina
    Section Image
  • John Moore

    Seller Co-Listing Agent in 2020

    John Moore

    Keller Williams

    (901) 232-1901

    3 in this area

    158 Total Sales

    John Moore
    Section Image

  • S

    Buyer's Agent in 2020

    Sarah Layson

    Keller Williams

    (901) 261-7900

    Sarah Layson
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10077141

Memphis Area Association of REALTORS®

APN: G0-230Q-K0-0009

Tennessee Shelby County Germantown 38138

7241 McVay Manor Cove, Germantown, TN

This home is located at 7241 McVay Manor Cove, Germantown, TN 38138 since 23 May 2020 and is currently estimated at $873,022, approximately $145 per square foot. This property was built in 2004. 7241 McVay Manor Cove is a home located in Shelby County with nearby schools including Riverdale Elementary School, Houston High School, and Our Lady of Perpetual Help Catholic School.

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