NOT LISTED FOR SALE

7345 Magnolia Ridge Dr Germantown, TN 38138

Estimated Value: $461,000 - $580,000

4 Beds
3 Baths
3,400-3,599 Sq Ft
$146/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $450,000 $125 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,970/month

Highlights

  • In Ground Pool
  • Updated Kitchen
  • Wooded Lot
  • Riverdale Elementary School Rated A
  • Landscaped Professionally
  • Traditional Architecture

About This Home

As of November 2020

This home is located at 7345 Magnolia Ridge Dr, Germantown, TN 38138 since 13 November 2020 and is currently estimated at $523,895, approximately $154 per square foot. This property was built in 1991. 7345 Magnolia Ridge Dr 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.

Last Agent to Sell the Property

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE Listed on: 11/13/2020

Last Buyer's Agent

Elizabeth Oldham

Emmett Baird Realty, LLC License #345627

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,397

Year Built

  • Built in 1991

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 106x111
  • Wood Fence
  • Landscaped Professionally
  • Corner Lot
  • Wooded Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 3,400-3,599 Sq Ft Home
  • 3,463 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • 3 Fireplaces
  • Fireplace Features Masonry
  • Some Wood Windows
  • Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Dining Room
  • Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • 3 Full Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Cove

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Timbers Subdivision

Listing and Financial Details

  • Assessor Parcel Number G0219A C00015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,397

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 861C
  • MAAR Subdivision Name: TIMBERS (THE)
  • List Price Per Sq Ft: 130
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 129.95
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3463
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Master Down, Luxury Master Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 3400-3599
  • Bedroom 2 Description: Level 2
  • Bedroom 3 Description: Level 2
  • Bedroom 4 Description: Level 2
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Masonry
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 3
  • Equipment: Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Washer/Dryer Connections
  • Master Bedroom: Level 1
  • Number Of Fireplaces: 3
  • Other Rooms: Laundry Room, Entry Hall, Attic
  • Total Bathrooms: 3

Exterior Features

  • Misc Exterior: Pool Cleaning Equipment, Wooded Grounds, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System, 220 Wiring
  • Heating: Central, Dual System
  • Security: Burglar Alarm, Smoke Detector(s)
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Lot Info

  • Lot Description: Some Trees, Cove, Corner, Professionally Landscaped, Wood Fenced
  • Lot Number: 36
  • Acreage: 0.42
  • Lot Size: 106X111
  • Price Per Acre: 1071429

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: G0219A C00015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Nov 13, 2020
Sold by
Hettinger David E and Hettinger Laura M
Bought by
Andrews Patricia and Andrews Jerry
Seller's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Buyer's Agent
Elizabeth Oldham
Emmett Baird Realty, LLC
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$523,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,895
Avg. Annual Appreciation
4.14%
Original Mortgage
$427,500
Outstanding Balance
$383,870
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$162,303

Purchase Details

Closed on
Jun 29, 2006
Sold by
Burrus Kelly P and Vigus Kelly Burrus
Bought by
Hettinger David E and Hettinger Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,600
Interest Rate
6.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 31, 2003
Sold by
Ocwen Federal Bank Fsb
Bought by
Grp Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,750
Interest Rate
5.74%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 28, 2003
Sold by
Grp Realty Llc
Bought by
Burrus James R and Burrus Kelly P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,750
Interest Rate
5.74%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 6, 2002
Sold by
Friend Joseph
Bought by
Ocwen Federal Bank Fsb

Purchase Details

Closed on
Jul 12, 2000
Sold by
Friend Constance L
Bought by
Friend Joe
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Andrews Patricia $450,000 Quality Title Group Llc
Hettinger David E $312,000 First Natl Fincl Title Svcs
Grp Realty Llc -- --
Burrus James R $146,000 --
Ocwen Federal Bank Fsb $201,000 --
Friend Joe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrews Jerry $92,683
Open Andrews Patricia $427,500
Previous Owner Hettinger David E $258,002
Previous Owner Hettinger David E $59,000
Previous Owner Hettinger David E $237,000
Previous Owner Hettinger David E $249,600
Previous Owner Hettinger David E $46,800
Previous Owner Burrus James R $15,000
Previous Owner Burrus James R $201,000
Previous Owner Burrus James R $189,750
Previous Owner Friend Joseph $230,400
Previous Owner Warren David B $15,000
Previous Owner Friend Joe $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $450,000 0.0% $132 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $450,000 -- $132 / 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 $1,397 $133,600 $23,400 $110,200
2024 $1,397 $96,175 $13,275 $82,900
2023 $5,028 $96,175 $13,275 $82,900
2022 $4,870 $96,175 $13,275 $82,900
2021 $5,001 $96,175 $13,275 $82,900
2020 $4,881 $81,350 $13,275 $68,075
2019 $3,295 $81,350 $13,275 $68,075
2018 $3,295 $81,350 $13,275 $68,075
2017 $4,946 $81,350 $13,275 $68,075
2016 $3,110 $71,175 $0 $0
2014 $3,110 $71,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10088943

Memphis Area Association of REALTORS®

APN: G0-219A-C0-0015