NOT LISTED FOR SALE

8425 Old Elm Cove Germantown, TN 38138

Estimated Value: $574,000 - $668,000

5 Beds
3.5 Baths
3,800-3,999 Sq Ft
$159/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $580,000 $145 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,665/month

Highlights

  • In Ground Pool
  • Updated Kitchen
  • Traditional Architecture
  • Forest Hill Elementary School Rated A
  • Landscaped Professionally
  • Wood Flooring

About This Home

As of August 2021

Well-appointed elegant home on a quiet cove offers oversized rooms and open concept entertaining that overlooks PRIVATE backyard w/beautiful gunite pool. 3 BD/2.5 BA down! Oversized 2 car garage. Circular driveway. New WINDOWS, HVACs, roof, updated KIT & BAs...there's so much new we had to create a separate list! Tons of storage. Walk-in cedar closet. + PRIVATE BD suite w/views of pool and water feature. This is a unique opportunity in a great niche area of Germantown. This home has been loved!

Last Agent to Sell the Property

Teresa Coop

Coldwell Banker Collins-Maury License #304643 Listed on: 07/23/2021

Coldwell Banker Collins-Maury

Last Buyer's Agent

David Da Ponte

Sowell, Realtors License #278752

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,826

Year Built

  • Built in 1981

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 100x150
  • Wood Fence
  • Landscaped Professionally

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,800-3,999 Sq Ft Home
  • 3,957 Sq Ft Home
  • 1.5-Story Property
  • Built-in Bookshelves
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Fireplace With Glass Doors
  • Fireplace Features Masonry
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Attic

Kitchen

  • Updated Kitchen
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Cedar Closet
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Home Security System
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Circular Driveway

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Cove
  • Patio
  • Outdoor Storage

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Voluntary home owners association
  • Forest Glen Subdivision

Listing and Financial Details

  • Assessor Parcel Number G0231H J00044

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,826

Year Built

Built in 1981

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 862H
  • MAAR Subdivision Name: FOREST GLEN
  • List Price Per Sq Ft: 143
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 146.58
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3957
  • Termite Contract: Yes
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room, Sun Room, Breakfast Room
  • Second Story Floor Plan: 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 3800-3999
  • Bedroom 2 Description: Level 1, Walk-In Closet, Shared Bath, Built-In Cabinets/Bkcases, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 1, Walk-In Closet, Shared Bath, Built-In Cabinets/Bkcases, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 3
  • Fireplace: Masonry, In Den/Great Room, Glass Doors, Ash Cleanout
  • Floors/Ceilings: Part Hardwood, Part Carpet, Slate, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Separate Breakfast Room, Pantry
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Cedar Lined Closet(s), Walk-In Attic, Sky Light(s), Security System, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Sun Room, Entry Hall, Attic, Storage Room
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Pool Cleaning Equipment, Storage Building, Patio, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, Double Pane Window(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System
  • Heating: Central, Gas, Dual System
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water

Association/Amenities

  • Annual Association Fee: 20
  • Neighborhood Association: Voluntary

Lot Info

  • Lot Description: Cove, Professionally Landscaped, Wood Fenced
  • Lot Number: 40
  • Acreage: 0.33
  • Lot Size: 100X150
  • Price Per Acre: 1712121

Multi Family

  • Number Of Rooms: 10

Tax Info

  • Assessor Parcel Number: G0231H J00044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Aug 23, 2021
Sold by
Jones Richard A and Williams Wendy L
Bought by
Lambert Kimberly M
Seller's Agent
Teresa Coop
Coldwell Banker Collins-Maury
Buyer's Agent
David Da Ponte
Sowell, Realtors
List Price
$565,000
Sold Price
$580,000
Premium/Discount to List
$15,000
2.65%
Current Estimated Value
$637,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,636
Avg. Annual Appreciation
2.29%
Original Mortgage
$548,250
Outstanding Balance
$497,778
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$139,858

Purchase Details

Closed on
Apr 13, 2015
Sold by
Jones Richard A
Bought by
Williams Wendy L

Purchase Details

Closed on
Dec 29, 2005
Sold by
Jones Lisa L
Bought by
Jones Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.22%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lambert Kimberly M $580,000 None Available
Williams Wendy L -- None Available
Jones Richard A -- Title Enterprise Svc Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Kimberly M $548,250
Previous Owner Jones Richard A $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2021 08/23/21 Sold $580,000 +2.7% $153 / Sq Ft
07/23/2021 07/23/21 For Sale $565,000 -- $149 / 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 $3,826 $182,150 $21,550 $160,600
2024 $3,826 $112,850 $15,575 $97,275
2023 $5,900 $112,850 $15,575 $97,275
2022 $5,714 $112,850 $15,575 $97,275
2021 $5,868 $112,850 $15,575 $97,275
2020 $5,934 $98,900 $15,575 $83,325
2019 $4,005 $98,900 $15,575 $83,325
2018 $4,005 $98,900 $15,575 $83,325
2017 $6,013 $98,900 $15,575 $83,325
2016 $3,535 $80,900 $0 $0
2014 $3,535 $80,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10104812

Memphis Area Association of REALTORS®

APN: G0-231H-J0-0044