NOT LISTED FOR SALE

7248 Germanshire Ln Memphis, TN 38125

Southern Shelby County Neighborhood

Estimated Value: $250,000 - $291,000

4 Beds
2.5 Baths
2,400-2,599 Sq Ft
$104/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $193,000 $74 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,542/month

Highlights

  • Sitting Area In Primary Bedroom
  • Traditional Architecture
  • Bonus Room
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Den with Fireplace

About This Home

As of June 2021

Need space? Well, it's RIGHT HERE waiting for YOU! There is so much space here both inside & outside. Family, friends, guests, etc. - EVERYONE can spread out here. That's because there is a big eat-in kitchen, a big dining room, and a big den w/fireplace too. Lovely entry leads upstairs to a H-U-G-E master bedroom w/a BIG walk-in closet & large "spa like" private bath. Nice size bedrooms & guess what-a BIG bonus/4th BR. Notice the "Big" theme? Good size back yard w/patio finishes the package.

Last Agent to Sell the Property

Mig Williams

eXp Realty, LLC License #314069 Listed on: 05/21/2021

eXp Realty, LLC

Co-Listed By

Adam Williams

eXp Realty, LLC License #332007

Last Buyer's Agent

Scott Housewirth

Crye-Leike Inc., REALTORS License #271531

Crye-Leike Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,496

Year Built

  • Built in 1986

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 85x123
  • Landscaped
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,400-2,599 Sq Ft Home
  • 2,413 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Two Story Entrance Foyer
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Storage Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Parquet
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary bedroom located on second floor
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Radiant Ceiling

Community Details

  • Germanshire Oaks First Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093512 A00033

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,496

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: GERMANSHIRE OAKS 1ST ADD
  • List Price Per Sq Ft: 80
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2413
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Laundry Room, Breakfast Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, Bonus Room
  • Additional Bedroom Bathroom Info: All Bedrooms Up
  • Estimated Heated Sq Ft Range: 2400-2599
  • Bedroom 2 Description: Level 2, Shared Bath
  • Bedroom 3 Description: Level 2, Shared Bath
  • Bedroom 4 Description: Level 2, Shared Bath, Vaulted/Coffered Ceilings
  • Bedrooms: 4
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Wall to Wall Carpet, Tile, Parquet Floor, Two Story Foyer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Disposal, Dishwasher, Washer, Dryer
  • Living Dining Kitchen: Separate Dining Room, Breakfast Bar, Island In Kitchen
  • Misc Interior: Wet Bar
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Closet
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Dressing Area, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Full Bath, Sitting Area, Carpet

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Wood Window(s), Storm Window(s), Storm Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Driveway/Pad, Storage Room(s), Workshop(s), Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Ceiling Heat
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Landscaped
  • Lot Number: 33
  • Acreage: 0.24
  • Lot Size: 85X123

Tax Info

  • Assessor Parcel Number: 093512 A00033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2021
Sold by
Rei Nation Llc
Bought by
Principia Investments Llc
Current Estimated Value
$270,568

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
Outstanding Balance
$181,985
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$88,583

Purchase Details

Closed on
Sep 13, 2021
Sold by
Rei Nation Llc
Bought by
Principia Investments Llc

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
Outstanding Balance
$181,985
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$88,583

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 4, 2021
Sold by
Pentecost James M
Bought by
Rei Nation Llc
Seller's Agent
Mig Williams
eXp Realty, LLC
Buyer's Agent
Scott Housewirth
Crye-Leike Inc., REALTORS
List Price
$193,000
Sold Price
$193,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
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
Principia Investments Llc $260,000 None Available
Principia Investments Llc $260,000 None Listed On Document
Rei Nation Llc $193,000 Executive Ttl & Closing Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Principia Investments Llc $200,000
Closed Principia Investments Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2021 06/04/21 Sold $193,000 0.0% $80 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $193,000 -- $80 / 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 $1,496 $68,700 $12,400 $56,300
2024 $1,496 $44,125 $6,375 $37,750
2023 $2,688 $44,125 $6,375 $37,750
2022 $2,688 $44,125 $6,375 $37,750
2021 $1,197 $44,125 $6,375 $37,750
2020 $2,261 $31,200 $6,375 $24,825
2019 $997 $31,200 $6,375 $24,825
2018 $997 $31,200 $6,375 $24,825
2017 $1,021 $31,200 $6,375 $24,825
2016 $1,164 $26,625 $0 $0
2014 $1,164 $26,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mig Williams

    eXp Realty, LLC

    (901) 239-3149

    1 in this area

    44 Total Sales

    Mig Williams
    Section Image

  • A

    Seller Co-Listing Agent in 2021

    Adam Williams

    eXp Realty, LLC

    (901) 238-4389

    1 in this area

    2 Total Sales

    Adam Williams
    Section Image
  • Scott Housewirth

    Buyer's Agent in 2021

    Scott Housewirth

    Crye-Leike

    (901) 592-7834

    15 in this area

    206 Total Sales

    Scott Housewirth
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10099867

Memphis Area Association of REALTORS®

APN: 09-3512-A0-0033

Tennessee Shelby County Memphis 38125 Southern Shelby County

7248 Germanshire Ln, Memphis, TN

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