NOT LISTED FOR SALE

Estimated Value: $2,400,000 - $4,878,000

6 Beds
10 Baths
14,630 Sq Ft
$233/Sq Ft Est. Value

Last Sold December 05, 2016

Last sale price $1,400,000 $96 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $19,341/month

Highlights

  • Golf Course Community
  • In Ground Pool
  • Sitting Area In Primary Bedroom
  • Home Theater
  • Lake On Lot
  • Gated Community

About This Home

As of December 2016

One of Memphis' most noted homes, former residence of Jerry West of NBA Hall of Fame. Built as the showplace "Quantum House", featuring finest of timeless architecture & finishes, artisans created this authentic English Manor. Behind private wall & gates, a bridge over grand water features & 1st impressions of the expansive & landscaped 7 acre estate are breathtaking. Nanny suite, pool & sports court complete the home. Taxes recently appealed and will result in tax reduction of nearly 40%.

Last Agent to Sell the Property

Jimmy Reed

Marx-Bensdorf, REALTORS License #205881 Listed on: 01/12/2016

Co-Listed By

Tracy Dougan Lombardo

Marx-Bensdorf, REALTORS License #326107

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,258

Year Built

  • Built in 1993

Lot Details

  • 7.01 Acre Lot
  • Wrought Iron Fence
  • Landscaped Professionally
  • Level Lot
  • Sprinklers on Timer
  • Few Trees

Home Design

  • English Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 14,630 Sq Ft Home
  • 2.1-Story Property
  • Wet Bar
  • Central Vacuum
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Fireplace With Gas Starter
  • Fireplace in Hearth Room
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Casement Windows
  • Two Story Entrance Foyer
  • Great Room
  • Dining Room
  • Home Theater
  • Den with Fireplace
  • 6 Fireplaces
  • Loft
  • Bonus Room
  • Play Room
  • Sun or Florida Room
  • Screened Porch
  • Keeping Room
  • Permanent Attic Stairs
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Brick
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 6 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Dressing Area
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 3 Car Garage
  • Side Facing Garage
  • Circular Driveway

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Lake On Lot
  • Outdoor Storage
  • Outdoor Gas Grill

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 082091 00144

Community Details

Overview

  • Southwind Pd Ph 27 Subdivision
  • Mandatory Home Owners Association

Recreation

  • Golf Course Community
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,258

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: English
  • Detached Unit Type: General Residential
  • MLS Map #: 788A
  • MAAR Subdivision Name: SOUTHWIND (THE ESTATES) PH27
  • List Price Per Sq Ft: 102
  • Number Of Stories: 2.1
  • Price Per Sq Ft: 95.69
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 14630
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Keeping/Hearth Room, Sun Room, Office
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room, Media Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 10000+
  • Bedroom 2 Description: Level 1, Private Full Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Private Full Bath, Carpet
  • Bedroom 4 Description: Level 2, Private Full Bath, Carpet
  • Bedroom 5 Description: Level 2, Private Full Bath, Carpet
  • Bedrooms: 6
  • Bedrooms Down: 2
  • Fireplace: In Den/Great Room, In Primary Bedroom, In Keeping/Hearth room, Gas Starter
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Brick Floor, Smooth Ceiling, 9 or more Ft. Ceiling, Two Story Foyer
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Equipment: Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Trash Compactor, Refrigerator, Cable Wired
  • Living Dining Kitchen: Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Pantry, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Permanent Attic Stairs, Central Vacuum, Rear Stairs to Playroom
  • Number Of Fireplaces: 6
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Loft/Balcony, Media Room, Attic
  • Total Bathrooms: 7.3
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Dressing Area, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Fireplace, Sitting Area, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Pool Cleaning Equipment, Gas Grill, Storage Building, Screen Porch
  • Exterior Windows: Brick Veneer, Wood Window(s), Double Pane Window(s), Casement Window(s)
  • Foundation: Slab
  • Pool Description: In Ground
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 3
  • Parking Display: 3
  • Parking Storage: Circular Drive, Side-Load Garage

Utilities

  • Cooling: Central, 3 or More Systems
  • Heating: Central, Gas, 3 or More Systems
  • Water Sewer: Gas Water Heater, 2+ Water Heaters

Association/Amenities

  • Neighborhood Amenities: Club House, Gated Neighborhood, Golf Course, Pool
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Lake/Pond on Property, Professionally Landscaped, Iron Fenced
  • Lot Number: 3-4 andPT2
  • Acreage: 7.01
  • Keeping Hearth Dimension: 24x24
  • Lot Size: 305356 SF 473 X 594
  • Price Per Acre: 213267

Multi Family

  • Number Of Rooms: 15

Tax Info

  • Assessor Parcel Number: 082091 00144

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2016
Closed on
Dec 1, 2016
Sold by
Heico Memphis Properties Llc
Bought by
Gregory Hulet T and Gregory Jacqueline
Seller's Agent
Jimmy Reed
Marx-Bensdorf, REALTORS
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$2,250,000
Sold Price
$1,400,000
Premium/Discount to List
-$850,000
-37.78%
Current Estimated Value
$3,413,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,013,632
Avg. Annual Appreciation
10.53%
Original Mortgage
$120,000
Outstanding Balance
$17,441
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$3,396,191

Purchase Details

Closed on
Dec 30, 2013
Sold by
Heico Holding Inc
Bought by
Heico Memphis Properties Llc

Purchase Details

Closed on
Nov 30, 2007
Sold by
Hoops Lp
Bought by
Heico Holding Inc

Purchase Details

Closed on
May 1, 2007
Sold by
West Jerry Alan and West Karen Christine
Bought by
Hoops Lp

Purchase Details

Closed on
Jun 11, 2002
Sold by
Hewgley Michael E
Bought by
West Jerry Alan and West Karen Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 1996
Sold by
Bryce William H and Bryce Patricia S
Bought by
Cobb T Scott and Cobb Marsha A
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
Gregory Hulet T -- None Available
Heico Memphis Properties Llc $2,976,712 None Available
Heico Holding Inc $3,000,000 None Available
Hoops Lp $3,708,654 Chicago Title Insurance Co
West Jerry Alan -- --
Hewgley Michael E $3,550,000 --
Cobb T Scott $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregory Hulet T $120,000
Previous Owner West Jerry Alan $1,000,000
Closed West Jerry Alan $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2016 12/05/16 Sold $1,400,000 -37.8% $96 / Sq Ft
11/18/2016 11/18/16 Pending -- -- --
01/12/2016 01/12/16 For Sale $2,250,000 -- $154 / 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 $17,258 $820,550 $230,550 $590,000
2024 $17,258 $509,075 $185,375 $323,700
2023 $17,258 $509,075 $185,375 $323,700
2022 $17,258 $509,075 $185,375 $323,700
2021 $17,563 $509,075 $185,375 $323,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9968362

Memphis Area Association of REALTORS®

APN: D0-242V-F0-0054