NOT LISTED FOR SALE

961 Cypress Vine Cove Collierville, TN 38017

Estimated Value: $591,000 - $726,000

3 Beds
3 Baths
3,400-3,599 Sq Ft
$186/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $596,299 $166 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,022/month

Highlights

  • Landscaped Professionally
  • Vaulted Ceiling
  • Wood Flooring
  • Sycamore Elementary School Rated A
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of September 2021

The Cove at Cypress Grove boutique neighborhood features charming Cottage & Farmhouse style plans from Magnolia Homes! This Magnolia Cottage will be ready in August! Sizeable yards offer plenty of space yet low-maintenance! Main level gathering spaces are spacious and impressive 3 BR down/ 3 BA down + playroom up! Exceptional features abound with farm sinks, designer lighting, custom cabinets, large covered porchs and much more! QBW 10-year warranty! Future 4th bed & bath!

Last Agent to Sell the Property

Lorna Skelton

Crews Realty, LLC License #350921 Listed on: 04/23/2021

Co-Listed By

Ryan Arthur

Oak Grove Realty, LLC License #325960

Last Buyer's Agent

Sudhendra Kosuri

The Buyer's Agent License #345369

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,920

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • Lot Dimensions are 71x150x60
  • Landscaped Professionally
  • Level Lot

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,400-3,599 Sq Ft Home
  • 3,319 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Smooth Ceilings
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Casement Windows
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Loft
  • Bonus Room
  • Play Room
  • Laundry Room
  • Attic

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Dressing Area
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Two Heating Systems
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Oak Grove Subdivision
  • Mandatory home owners association
  • Planned Unit Development

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,920

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 875B
  • MAAR Subdivision Name: The Cove at Cypress Grove
  • Est Date Of Completion: 08/13/2021
  • List Price Per Sq Ft: 178
  • Number Of Stories: 2
  • Price Per Sq Ft: 179.66
  • Prop Construction Status: Under Construction
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 3319
  • Year Built: 2021
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room, Breakfast Room
  • Second Story Floor Plan: Play Room/Rec Room
  • Additional Bedroom Bathroom Info: All Bedrooms Down, Primary Down, Vaulted/Coffered Primary, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 3400-3599
  • Bedroom 2 Description: Carpet, Level 1, Private Full Bath, Smooth Ceiling
  • Bedroom 3 Description: Carpet, Level 1, Private Full Bath, Smooth Ceiling
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, Textured Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Self Cleaning Oven, Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Wired
  • Living Dining Kitchen: Great Room, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen
  • Misc Interior: Walk-In Closet(s), Walk-In Attic, Mud Room, Security System, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Laundry Closet, Bonus Room, Entry Hall, Loft/Balcony, Attic
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, Dressing Area, Smooth Ceiling, Separate Shower, Tile Floor, Vaulted/Coffered Ceiling
  • P R I M A R Y B E D R O O M: Built-In Cabinets/Bkcases, Carpet, Full Bath, Level 1, Smooth Ceiling, Tile Floor, Vaulted/Coffered Ceiling, Walk-In Closet

Exterior Features

  • Misc Exterior: Porch, Patio, Covered Patio, Sidewalks
  • Exterior Windows: Brick Veneer, Wood/Composition, Double Pane Window(s), Casement Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Garage Door Opener(s), Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Electric, Dual System
  • Security: Burglar Alarm, Fire Alarm, Smoke Detector(s)
  • Water Sewer: 2+ Water Heaters, Electric Water Heater, Public Sewer, Public Water

Association/Amenities

  • Annual Association Fee: 600
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Professionally Landscaped
  • Lot Number: 220
  • Lot Size: 71X150X60

Multi Family

  • Number Of Rooms: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Sep 17, 2021
Sold by
Magnolia Homes Inc
Bought by
Pamu Sudheer Kumar and Nallamreddy Sai Sarvani
Seller's Agent
Lorna Skelton
Crews Realty, LLC
Buyer's Agent
Sudhendra Kosuri
The Buyer's Agent
List Price
$589,999
Sold Price
$596,299
Premium/Discount to List
$6,300
1.07%
Current Estimated Value
$669,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,061
Avg. Annual Appreciation
2.92%
Original Mortgage
$523,499
Outstanding Balance
$476,345
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$193,015

Purchase Details

Closed on
Aug 19, 2020
Sold by
Crews Corp
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
2.9%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Pamu Sudheer Kumar $596,299 Memphis Title Co
Magnolia Homes Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pamu Sudheer Kumar $523,499
Previous Owner Magnolia Homes Inc $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2021 09/20/21 Sold $596,299 +1.1% $175 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $589,999 -- $174 / 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 $4,920 $165,200 $33,750 $131,450
2024 $4,920 $145,125 $26,325 $118,800
2023 $7,590 $145,125 $26,325 $118,800
2022 $7,416 $145,125 $26,325 $118,800
2021 $1,580 $26,325 $26,325 $0
2020 $866 $21,375 $21,375 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lorna Skelton

    Crews Realty, LLC

    Section Image

  • R

    Seller Co-Listing Agent in 2021

    Ryan Arthur

    Oak Grove Realty, LLC

    Section Image
  • Sudhendra Kosuri

    Buyer's Agent in 2021

    Sudhendra Kosuri

    The Buyer's Agent

    (901) 878-9897

    50 in this area

    105 Total Sales

    Sudhendra Kosuri
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10097825

Memphis Area Association of REALTORS®

APN: C0-258Z-E0-0062

Tennessee Shelby County Collierville 38017

961 Cypress Vine Cove, Collierville, TN

This home is located at 961 Cypress Vine Cove, Collierville, TN 38017 since 23 April 2021 and is currently estimated at $669,360, approximately $185 per square foot. This property was built in 2021. 961 Cypress Vine Cove is a home located in Shelby County with nearby schools including Sycamore Elementary School, Collierville Middle School, and Collierville High School.

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