NOT LISTED FOR SALE

7248 Mimosa Dr Germantown, TN 38138

Estimated Value: $325,000 - $347,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$210/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $301,000 $188 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,941/month

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Separate Formal Living Room
  • Riverdale Elementary School Rated A
  • Wood Flooring
  • Den with Fireplace

About This Home

As of June 2021

Adorable home w/great curb appeal on a nice large fenced lot with cool oversized patio and plenty of shade! Gleaming hardwood floors thru out. Very open concept. Formal living room, dining, den and eat-in kitchen that overlooks backyard. Granite counter and ceramic tile in kitchen. Separate laundry room. Plenty of storage in garage. Primary br has huge walk-in closet. Nice hall bath has more room than most. This one is move in ready with neutral paint. Pretty!

Last Agent to Sell the Property

Amanda Lott

BHHS McLemore & Co., Realty License #318728 Listed on: 05/24/2021

BHHS McLemore & Co., Realty

Co-Listed By

Carol Lott

BHHS McLemore & Co., Realty License #225648

Last Buyer's Agent

Dempsey Fisher

Crye-Leike, Inc., REALTORS License #322047

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,919

Year Built

  • Built in 1967

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 80x149
  • Wood Fence
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,483 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Entrance Foyer
  • Separate Formal Living Room
  • Dining Room
  • Den with Fireplace
  • Storage Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

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

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Mimosa Gardens Blk A Subdivision

Listing and Financial Details

  • Assessor Parcel Number G0230Q C00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,919

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Howard
  • MLS Map #: 861C
  • MAAR Subdivision Name: MIMOSA GARDENS BLK A
  • List Price Per Sq Ft: 202
  • Number Of Stories: 1
  • Price Per Sq Ft: 202.97
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1483
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Full Bath Down
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedroom 3 Description: Level 1, Shared Bath, Hardwood Floor
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout, Tile, Sprayed Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry, Washer/Dryer Connections
  • Misc Interior: Walk-In Closet(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall
  • Total Bathrooms: 2
  • Primary Bathroom Description: Separate Shower, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Patio, Well Landscaped Grounds, Wood Fence
  • Exterior Windows: Brick Veneer
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Level, Landscaped, Wood Fenced
  • Lot Number: 6
  • Acreage: 0.27
  • Lot Size: 80X149
  • Price Per Acre: 1110741

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: G0230Q C00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Jun 28, 2021
Sold by
Grammater Nicholas
Bought by
Layne Matthew J and Layne Mary Carolyn
Seller's Agent
Amanda Lott
BHHS McLemore & Co., Realty
Buyer's Agent
Dempsey Fisher
Crye-Leike, Inc., REALTORS
List Price
$299,900
Sold Price
$301,000
Premium/Discount to List
$1,100
0.37%
Current Estimated Value
$335,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,769
Avg. Annual Appreciation
2.58%
Original Mortgage
$226,400
Outstanding Balance
$205,423
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$130,346

Purchase Details

Listed on
Apr 14, 2016
Closed on
Jun 1, 2016
Sold by
Stewart G Plumlee
Bought by
Grammater Nicholas
Seller's Agent
Beverly Coats
Weichert, REALTORS-BenchMark
Buyer's Agent
Renee Farrell
BEST Real Estate Company
List Price
$196,900
Sold Price
$199,900
Premium/Discount to List
$3,000
1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%
Original Mortgage
$159,920
Interest Rate
3.64%

Purchase Details

Closed on
May 20, 2010
Sold by
Nicki Paul M and Nicki Stacy S
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 19, 2000
Sold by
Nickl Stacy Carol Siegfried
Bought by
Nickl Paul Matthew

Purchase Details

Closed on
Sep 30, 1999
Sold by
Simpson John R and Simpson Sherry S
Bought by
Nickl Paul M and Nickl Stacy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
7.89%

Purchase Details

Closed on
Oct 27, 1995
Bought by
Horobetz Gerald K
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
Layne Matthew J $301,000 Realty Title
Grammater Nicholas -- --
Federal National Mortgage Association $127,518 None Available
Nickl Paul Matthew -- --
Nickl Paul M $144,000 --
Horobetz Gerald K $111,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Layne Matthew J $226,400
Previous Owner Horobetz Gerald K $159,920
Previous Owner Horobetz Gerald K --
Previous Owner Nickl Paul M $136,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2021 06/28/21 Sold $301,000 +0.4% $215 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $299,900 +50.0% $214 / Sq Ft
05/27/2016 05/27/16 Sold $199,900 +1.5% $143 / Sq Ft View Prior Sale
04/19/2016 04/19/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $196,900 -- $141 / 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 $1,919 $81,200 $16,250 $64,950
2024 $1,919 $56,600 $8,725 $47,875
2023 $2,959 $56,600 $8,725 $47,875
2022 $2,866 $56,600 $8,725 $47,875
2021 $2,943 $56,600 $8,725 $47,875
2020 $2,603 $43,375 $8,725 $34,650
2019 $1,757 $43,375 $8,725 $34,650
2018 $1,757 $43,375 $8,725 $34,650
2017 $2,637 $43,375 $8,725 $34,650
2016 $1,674 $38,300 $0 $0
2014 $1,674 $38,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10100132

Memphis Area Association of REALTORS®

APN: G0-230Q-C0-0006