$724,000
RENTED MAR 29, 2025

945 Cypress Pond Dr Collierville, TN 38017

4 Beds
3 Baths
3,445 Sq Ft
$210 Price per Sq Ft

Last Sold February 25, 2022

Last sale price $670,000 $194 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,380/month

About This Home

As of February 2022

Earliest occupancy is May 17. Stunning 2019 home with lovely upgrades in Cypress Grove. Enjoy open concept living with a chef's kitchen including gas range, double ovens, and bright breakfast area. Plantation shutters, roman shades, gorgeous light fixtures and custom built-ins add to this home's charm. Primary suite plus two additional bedrooms and full bath downstairs. One bedroom, Bonus room, full bath, and temperature controlled storage space up. Fenced backyard and two car garage with shiplap Built-in's in hallway. Security Dep same as rent. Pets case by case, call property manager for details.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Feb 25, 2022
Sold by
Karr Jr Robert J and Karr Stephanie M
Bought by
Shanmugam Venkatesh and Venkatesh Sujitha
Seller's Agent
Logan Karr
Albright Investments, LLC
Buyer's Agent
Scott Carrier
Keller Williams
List Price
$670,000
Sold Price
$670,000
Current Estimated Value
$724,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,000
Avg. Annual Appreciation
2.44%
Original Mortgage
$608,000
Outstanding Balance
$571,792
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$152,208

Purchase Details

Listed on
Apr 21, 2019
Closed on
Jul 17, 2019
Sold by
Magnolia Homes Inc
Bought by
Karr Robert J and Karr Stephanie M
Seller's Agent
Ryan Arthur
Oak Grove Realty, LLC
Buyer's Agent
Eric Bell
REMAX Experts
List Price
$513,750
Sold Price
$519,080
Premium/Discount to List
$5,330
1.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Original Mortgage
$415,264
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2019
Sold by
Crews Holdings Llc
Bought by
Magnolia Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 2018
Sold by
Crews Holdings Llc
Bought by
Magnolia Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.7%
Mortgage Type
Construction

Range of Values:

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ICE

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Average Value
Not Available
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
Shanmugam Venkatesh $670,000 Masserano John V
Karr Robert J $519,080 Memphis Title Company
Magnolia Homes Inc -- None Available
Magnolia Homes Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shanmugam Venkatesh $608,000
Previous Owner Karr Robert J $750,000
Previous Owner Karr Robert J $415,264
Previous Owner Magnolia Homes Inc $350,000
Previous Owner Magnolia Homes Inc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2025 03/29/25 Rented $3,900 -1.3% --
03/12/2025 03/12/25 For Rent $3,950 0.0% --
02/25/2022 02/25/22 Sold $670,000 0.0% $207 / Sq Ft
01/07/2022 01/07/22 For Sale $670,000 +29.1% $207 / Sq Ft
07/17/2019 07/17/19 Sold $519,080 +1.0% $173 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/21/2019 04/21/19 For Sale $513,750 -- $171 / Sq Ft

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 $4,389 $129,475 $26,325 $103,150
2023 $6,772 $129,475 $26,325 $103,150
2022 $6,616 $129,475 $26,325 $103,150
2021 $7,769 $129,475 $26,325 $103,150
2020 $4,730 $116,800 $21,375 $95,425
2019 $1,548 $21,375 $21,375 $0
Source: Public Records

Agents Affiliated with this Home

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