NOT LISTED FOR SALE

916 Oak Arrow Cove Collierville, TN 38017

Estimated Value: $650,349 - $675,000

5 Beds
4.5 Baths
4,500-4,999 Sq Ft
$133/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $585,000 $117 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,843/month

Highlights

  • Updated Kitchen
  • Landscaped Professionally
  • Fireplace in Hearth Room
  • Bailey Station Elementary School Rated A
  • Community Lake
  • 2-minute walk to Oakmont Park

About This Home

As of July 2021

Immaculate home located in the sought after Oakmont Subdivision. Lots of living space for large family or entertaining. 2nd Br. down could be great office off the foyer OR true 2nd BD w/walk-in closet, and is located near full BA. 3 BDS + bonus up. 5th BD could be 2nd bonus/media Rm/exercise rm. NEW ROOF 2013. NEW APPLIANCES 2013. NEW AC UNIT 2012 Large patio & fully fenced backyard. 1 Block to S/D Playground, Lake & walking trail. Walking distance to Middle school and greenbelt! Don't Miss out!

Last Agent to Sell the Property

Jon Dickens

The Firm License #304275 Listed on: 06/17/2021

Last Buyer's Agent

Sally Summerlin

Summerlin & Associates, LLC License #312764

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,094

Year Built

  • Built in 1997

Lot Details

  • 0.45 Acre Lot
  • Wood Fence
  • Landscaped Professionally
  • Corner Lot
  • Level Lot
  • Sprinklers on Timer
  • Few Trees

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,500-4,999 Sq Ft Home
  • 4,046 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Two Story Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Loft
  • Bonus Room
  • Keeping Room
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Burglar Security System
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Gazebo

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Community Details

  • Oakmont Pd Ph 1 Subdivision
  • Mandatory home owners association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number C0233D A00042

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,094

Year Built

Built in 1997

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: OAKMONT PH1
  • List Price Per Sq Ft: 142
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4046
  • Termite Contract: Yes
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1/2 Bath, 2 or More Baths, Laundry Room, Keeping/Hearth Room, Breakfast Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 4500-4999
  • Bedroom 2 Description: Level 1, Walk-In Closet, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Private Full Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: Vented Gas Fireplace, In Living Room, In Keeping/Hearth room, Gas Logs, Glass Doors
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Two Story Foyer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Keeping/Hearth Room
  • Misc Interior: Excl Some Window Treatmnt, Walk-In Closet(s), Pull Down Attic Stairs, Walk-In Attic, Security System, Smoke Detector(s)
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Loft/Balcony, Attic
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, 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: Auto Lawn Sprinkler, Patio, Gazebo, Wood Fence
  • Exterior Windows: Brick Veneer, Wood/Composition, Wood Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s), Dual System, 3 or More Systems, 220 Wiring
  • Heating: Central, Gas, 3 or More Systems
  • Security: Burglar Alarm, Smoke Detector(s)
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 200
  • Neighborhood Amenities: Lake
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Corner, Professionally Landscaped, Wood Fenced
  • Lot Number: 42
  • Acreage: 0.45
  • Keeping Hearth Dimension: 17x15
  • Lot Size: 19509 SF 120 X 157

Tax Info

  • Assessor Parcel Number: C0233D A00042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Jul 15, 2021
Sold by
Cressman Kyle Ryan and Cressman Rachel
Bought by
Haefer Scott and Haefer Joanna Sylwia
Seller's Agent
Jon Dickens
The Firm
Buyer's Agent
Sally Summerlin
Summerlin & Associates, LLC
List Price
$575,000
Sold Price
$585,000
Premium/Discount to List
$10,000
1.74%
Current Estimated Value
$665,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,837
Avg. Annual Appreciation
3.06%
Original Mortgage
$464,000
Outstanding Balance
$421,008
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$244,829

Purchase Details

Listed on
May 5, 2016
Closed on
Oct 14, 2016
Sold by
Gilbert Charles N and Gilbert Lisa D
Bought by
Cressman Kyle Ryan and Cressman Rachel
Seller's Agent
Nancy Cunningham
Coldwell Banker Collins-Maury
Buyer's Agent
Jon Dickens
The Firm
List Price
$439,500
Sold Price
$415,000
Premium/Discount to List
-$24,500
-5.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$372,255
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2002
Sold by
Prudential Residential Svcs Ltd Prtnrshp
Bought by
Gilbert Charles N and Gilbert Lisa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,200
Interest Rate
6.15%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 29, 2002
Sold by
Mattingly Mark M and Mattingly Therese A
Bought by
Prudential Residential Svcs Ltd Prtnrshp

Purchase Details

Closed on
Jul 30, 1997
Sold by
Pinnacle Homes Inc
Bought by
Mattingly Mark M and Mattingly Therese A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
7.59%
Source: Public Records

Range of Values:

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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
Haefer Scott $585,000 Closetrak
Cressman Kyle Ryan $415,000 Mid South Title Services Llc
Gilbert Charles N $366,500 --
Prudential Residential Svcs Ltd Prtnrshp $376,750 --
Mattingly Mark M $329,000 Mid South Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haefer Scott $464,000
Previous Owner Cressman Kyle Ryan $372,255
Previous Owner Gilbert Charles N $293,200
Previous Owner Mattingly Mark M $263,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2021 07/15/21 Sold $585,000 +1.7% $130 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $575,000 +38.6% $128 / Sq Ft
10/14/2016 10/14/16 Sold $415,000 -5.6% $92 / Sq Ft View Prior Sale
08/31/2016 08/31/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $439,500 -- $98 / 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 $4,094 $153,675 $20,875 $132,800
2024 $4,094 $120,775 $20,875 $99,900
2023 $6,317 $120,775 $20,875 $99,900
2022 $6,172 $120,775 $20,875 $99,900
2021 $7,247 $120,775 $20,875 $99,900
2020 $4,174 $101,275 $20,875 $80,400
2019 $4,102 $101,275 $20,875 $80,400
2018 $4,102 $101,275 $20,875 $80,400
2017 $5,813 $101,275 $20,875 $80,400
2016 $3,990 $91,300 $0 $0
2014 $3,990 $91,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10101886

Memphis Area Association of REALTORS®

APN: C0-233D-A0-0042