NOT LISTED FOR SALE

740 River Cliff Ln Counce, TN 38326

Estimated Value: $597,105 - $1,073,000

3 Beds
4 Baths
2,200-2,399 Sq Ft
$306/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $546,000 $228 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,310/month

85 Days on Market

Highlights

  • Water Views
  • Boat Slip
  • Community Lake
  • Water Access
  • Updated Kitchen
  • Deck

About This Home

As of July 2017

Located in the peaceful River Cliff subdivision at Pickwick Lake, this recently remodeled and tastefully decorated water access home provides luxury and comfort for a peaceful retreat. Features include an updated kitchen with large island that opens into the vaulted great room with hardwood floors and a wood burning fire place. The large deck offers lake views over the private marina and boat ramp. This property includes a covered boat slip, boat lift and a private boat ramp.

Last Agent to Sell the Property

Justin Johnson

Justin Johnson Realty License #292427 Listed on: 03/29/2017

Last Buyer's Agent

Mary Ann Smith

Duane Wright Realty License #298396

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,239

Year Built

  • Built in 1989

Lot Details

  • Landscaped
  • Sprinklers on Timer

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Shingle Roof

Interior Spaces

  • 2,200-2,399 Sq Ft Home
  • 2,200 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Den with Fireplace
  • Loft
  • Bonus Room
  • Water Views
  • Finished Basement
  • Walk-Out Basement
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Bathroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

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

Outdoor Features

  • Water Access
  • Boat Slip
  • Deck
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • River Cliff Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 173f a 005.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,239

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Attached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 696C
  • MAAR Subdivision Name: River Cliff
  • List Price Per Sq Ft: 273
  • Number Of Stories: 3
  • Price Per Sq Ft: 248.18
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2200
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, 2nd Bedroom, 3rd Bedroom, 2 or More Baths
  • Second Story Floor Plan: Primary Bedroom, 1 Bath
  • Additional Bedroom Bathroom Info: Primary Up, Renovated Bathroom, Double Vanity Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: 2200-2399
  • Bedroom 2 Description: Level 1, Private Full Bath, Carpet
  • Bedroom 3 Description: Level 1, Shared Bath, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 2
  • Fireplace: Masonry, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 4
  • Equipment: Range/Oven, Dishwasher, Microwave, Refrigerator, Cable Available, Separate Ice Maker
  • Living Dining Kitchen: LR/DR Combination, Updated/Renovated Kitchen, Island In Kitchen
  • Misc Interior: All Window Treatments, Security System, Smoke Detector(s), Monitored Alarm
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Finished Basement, Loft/Balcony
  • Total Bathrooms: 4
  • Primary Bathroom Description: Double Sinks, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Covered Patio, Deck, Boat Slip
  • Exterior Windows: Wood/Composition, Stone, Double Pane Window(s)
  • Foundation: Walk-Out Basement
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), 220 Wiring
  • Heating: Central
  • Security: Burglar Alarm, Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater, Public Water, Septic Tank

Association/Amenities

  • Condo Amenities: Water View
  • Neighborhood Amenities: Lake

Lot Info

  • Lot Description: Water View, Water Access, Landscaped
  • Lot Number: 24
  • Lot Size: see plat

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 173f a 005.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2017
Closed on
Jul 20, 2017
Sold by
Mcgrew Frank A
Bought by
Lipscomb Harry G
Seller's Agent
Justin Johnson
Justin Johnson Realty
Buyer's Agent
Mary Ann Smith
Duane Wright Realty
List Price
$599,950
Sold Price
$546,000
Premium/Discount to List
-$53,950
-8.99%
Total Days on Market
85
Current Estimated Value
$734,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,526
Avg. Annual Appreciation
3.84%
Original Mortgage
$424,100
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2008
Sold by
Barclay William J and Barclay Conley
Bought by
Mcgrew Frank A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.03%

Purchase Details

Closed on
Jul 27, 1995
Sold by
Miner Olive M
Bought by
Barclay William J

Purchase Details

Closed on
Sep 15, 1988
Bought by
Isbell A B

Purchase Details

Closed on
Dec 30, 1986
Bought by
Turley Michael B

Purchase Details

Closed on
Mar 6, 1972
Bought by
Smith Smith and Smith Turley
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
Lipscomb Harry G $546,000 --
Mcgrew Frank A $475,000 --
Barclay William J $210,000 --
Isbell A B -- --
Turley Michael B -- --
Smith Smith -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipscomb Harry G $492,000
Closed Lipscomb Harry G $412,500
Closed Lipscomb Harry G $424,100
Previous Owner Mcgrew Frank A $225,000
Previous Owner Mcgrew Frank A $315,000
Previous Owner Mcgrew Frank A $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $546,000 -9.0% $248 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $599,950 -- $273 / 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
2024 $2,239 $127,950 $45,000 $82,950
2023 $2,239 $127,950 $45,000 $82,950
2022 $2,052 $99,600 $43,750 $55,850
2021 $2,052 $99,600 $43,750 $55,850
2020 $2,052 $99,600 $43,750 $55,850
2019 $2,052 $99,600 $43,750 $55,850
2018 $1,983 $99,600 $43,750 $55,850
2017 $1,745 $83,900 $43,750 $40,150
2016 $1,745 $83,900 $43,750 $40,150
2015 $1,527 $83,900 $43,750 $40,150
2014 $1,527 $83,900 $43,750 $40,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9998767

Memphis Area Association of REALTORS®

APN: 173F-A-005.00