NOT LISTED FOR SALE

78 Reed Cir Drummonds, TN 38023

Estimated Value: $265,000 - $285,000

3 Beds
2 Baths
1,400-1,599 Sq Ft
$172/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $235,000 $147 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,450/month

124 Days on Market

Highlights

  • Spa
  • Waterfront
  • Deck
  • Lake On Lot
  • 3.5 Acre Lot
  • Traditional Architecture

About This Home

As of April 2021

YOUR OWN PIECE OF PARADISE ON APPROX 3.5 ACRES (4 ADJOINING LOTS) WITH POND & 31X24 DETACHED WIRED SHOP/GARAGE. 3BR 2BA HOME REMODELED BATH RMS, SOME INTERIOR PAINTING, WOOD LOOK LAMINATED FLOORING, UPDATED KITCHEN CABINETS, AC UNIT REPLACED & FENCED BACKYARD ALL WITHIN LAST SEVERAL YEARS. NEW WINDOWS THROUGHOUT HOME ALONG WITH NEW FRONT & CARPORT DOORS INSTALLED FEB 2021. 16X12 COVERED DECK OVER LOOKS POND. PET WASHING SHOWER IN LAUNDRY RM. REFRIGERATOR, WASHER, DRYER & HOT TUB STAY ALL AS IS.

Last Agent to Sell the Property

Wally Sisk

Crye-Leike, Inc., REALTORS License #260371 Listed on: 11/18/2020

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Annette Wilson

Crye-Leike, Inc., REALTORS License #320819

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 3.5 Acre Lot
  • Lot Dimensions are 171 x269
  • Waterfront
  • Wood Fence
  • Chain Link Fence
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 1,400-1,599 Sq Ft Home
  • 1,580 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Ceiling Fan
  • Window Treatments
  • Separate Formal Living Room
  • Dining Room
  • Den
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 1 Car Attached Garage
  • Carport
  • Side Facing Garage
  • Driveway

Outdoor Features

  • Spa
  • Water Access
  • Lake On Lot
  • Deck
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Electric Water Heater
  • Septic Tank

Community Details

  • Reed Subdivision

Listing and Financial Details

  • Assessor Parcel Number 145D 145E D01300

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: REED
  • List Price Per Sq Ft: 145
  • Number Of Stories: 1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1580
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Master Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Master Down, Renovated Bathroom, Double Vanity Bath
  • Estimated Heated Sq Ft Range: 1400-1599
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 1
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Sprayed Ceiling
  • Full Bathrooms: 2
  • Equipment: Self Cleaning Oven, Cooktop, Gas Cooking, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Pantry, Washer/Dryer Connections
  • Primary Bathroom Description: Double Sinks
  • Master Bedroom: Level 1, Full Bath
  • Master Bedroom Dimensions: 13X13
  • Misc Interior: All Window Treatments, Pull Down Attic Stairs, Security System, Smoke Detector(s)
  • Other Rooms: Laundry Room, Attic

Exterior Features

  • Misc Exterior: Porch, Patio, Deck, Hot Tub, Wood Fence, Chain Fence
  • Exterior Windows: Brick Veneer, Vinyl Siding, Steel Insulated Door(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Carport
  • Number Covered Parking Spaces: 1
  • Parking Display: C1A
  • Parking Storage: Driveway/Pad, Side-Load Garage

Utilities

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

Lot Info

  • Lot Description: Some Trees, Lake/Pond on Property, Water Frontage, Water View, Water Access, Wood Fenced, Chain Fenced
  • Lot Number: 2
  • Acreage: 3.5
  • Lot Size: 171 X269

Tax Info

  • Assessor Parcel Number: 145D 145E D01300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Apr 19, 2021
Sold by
Hochstatter Alicia E and Hochstatter Nicholas A
Bought by
Malone Ryan
Seller's Agent
Wally Sisk
Crye-Leike, Inc., REALTORS
Buyer's Agent
Annette Wilson
Crye-Leike, Inc., REALTORS
List Price
$229,500
Sold Price
$235,000
Premium/Discount to List
$5,500
2.4%
Current Estimated Value
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,000
Avg. Annual Appreciation
3.38%
Original Mortgage
$237,373
Outstanding Balance
$213,388
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$61,612

Purchase Details

Closed on
Nov 20, 1975
Bought by
Gerth Glen J and Gerth Bessie A

Purchase Details

Closed on
May 29, 1973
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Malone Ryan $235,000 None Available
Gerth Glen J -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malone Ryan $237,373
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2021 04/15/21 Sold $235,000 +2.4% $168 / Sq Ft
03/12/2021 03/12/21 For Sale $229,500 -2.3% $164 / Sq Ft
01/29/2021 01/29/21 Off Market $235,000 -- --
11/18/2020 11/18/20 For Sale $229,500 +58.3% $164 / Sq Ft
06/14/2019 06/14/19 Sold $145,000 -4.6% $104 / Sq Ft View Prior Sale
02/24/2019 02/24/19 For Sale $152,000 -- $109 / 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 $164 $10,775 $0 $0
2024 $164 $10,775 $7,225 $3,550
2023 $164 $10,775 $7,225 $3,550
2022 $167 $8,175 $5,325 $2,850
2021 $167 $8,175 $5,325 $2,850
2020 $730 $35,800 $5,325 $30,475
2019 $646 $26,700 $5,325 $21,375
2018 $646 $26,700 $5,325 $21,375
2017 $646 $26,700 $5,325 $21,375
2016 $646 $26,700 $5,325 $21,375
2015 $645 $26,700 $5,325 $21,375
2014 $645 $26,693 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wally Sisk

    Seller's Agent in 2021

    Wally Sisk

    Crye-Leike

    (901) 233-3107

    13 in this area

    37 Total Sales

    Wally Sisk
    Section Image
  • Annette Wilson

    Buyer's Agent in 2021

    Annette Wilson

    Crye-Leike

    (901) 634-4043

    19 in this area

    126 Total Sales

    Annette Wilson
    Section Image

  • C

    Seller's Agent in 2019

    Carolyn Whaley

    RE/MAX

    Section Image

  • G

    Seller Co-Listing Agent in 2019

    Gwen Coffee

    MidSouth Residential, LLC

    Section Image
  • Michael McCord

    Buyer's Agent in 2019

    Michael McCord

    Exit Realty Blues City

    (901) 530-3565

    49 Total Sales

    Michael McCord
    Section Image
See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10089091

Memphis Area Association of REALTORS®

APN: 145D-D-013.00

Tennessee Tipton County Drummonds 38023

78 Reed Cir, Drummonds, TN

Not Listed for Sale

Detached

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