NOT LISTED FOR SALE

972 Cypress Run Dr Collierville, TN 38017

Estimated Value: $754,000 - $829,091

4 Beds
3 Baths
3,400-3,599 Sq Ft
$217/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $556,694 $155 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,603/month

Highlights

  • Water Views
  • New Construction
  • Den with Fireplace
  • Sycamore Elementary School Rated A
  • Landscaped Professionally
  • Vaulted Ceiling

About This Home

As of August 2020

Charming Iberville plan w/ double front doors opening to grand staircase. Open plan ! Granite counters, wood flooring, tile, custom soft close cabinets and vent hood, column in dining, brick fireplace, farm sink, Bosch stove top and dishwasher, double overs, covered patio,4 beds, office, huge bonus. 2 BR down,2 BRup, 3BA, 3GA. This custom build can be built to cater to your clients dreams. All the Magnolia quality you expect + QBW 10 yr ltd warranty!

Last Agent to Sell the Property

Lorna Skelton

Crews Realty, LLC License #350921 Listed on: 02/10/2020

Co-Listed By

Ryan Arthur

Oak Grove Realty, LLC License #325960

Last Buyer's Agent

Lorna Skelton

Crews Realty, LLC License #350921 Listed on: 02/10/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,745

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Lot Dimensions are 90x140x90x140
  • Landscaped Professionally
  • Corner Lot

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • French Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,400-3,599 Sq Ft Home
  • 3,491 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Loft
  • Bonus Room
  • Water Views
  • Laundry Room
  • Attic

Kitchen

  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Home Security

  • Burglar Security System
  • Fire and Smoke Detector
  • Iron Doors

Parking

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

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

Overview

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

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,745

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: French
  • Detached Unit Type: General Residential
  • MLS Map #: 875B
  • MAAR Subdivision Name: Cypress Grove
  • Est Date Of Completion: 08/07/2020
  • List Price Per Sq Ft: 159
  • Number Of Stories: 2
  • Price Per Sq Ft: 159.47
  • Prop Construction Status: New Construction (Never Occupied)
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 3491
  • Year Built: 2020
  • 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, 2 or More Baths, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 1 Bath, Office, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Full Bath Down
  • Estimated Heated Sq Ft Range: 3400-3599
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Shared Bath, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 3
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Great Room, Separate Breakfast Room, Pantry, Island In Kitchen
  • Misc Interior: Walk-In Closet(s), Walk-In Attic, Vent Hood/Exhaust Fan
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Loft/Balcony, Attic
  • Total Bathrooms: 3
  • 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, Vaulted/Coffered Ceiling, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Patio, Covered Patio
  • Exterior Windows: Brick Veneer, Wood/Composition, Double Pane Window(s), Steel Insulated Door(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

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

Association/Amenities

  • Annual Association Fee: 600
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Water View, Corner, Professionally Landscaped
  • Lot Number: 179
  • Lot Size: 90x140x90x140

Multi Family

  • Number Of Rooms: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Aug 21, 2020
Sold by
Magnolia Homes Inc
Bought by
Lunn Randall Davis and Lunn Carla Michelle
Seller's Agent
Lorna Skelton
Crews Realty, LLC
Buyer's Agent
Lorna Skelton
Crews Realty, LLC
List Price
$538,753
Sold Price
$556,694
Premium/Discount to List
$17,941
3.33%
Current Estimated Value
$781,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,579
Avg. Annual Appreciation
6.83%
Original Mortgage
$501,000
Outstanding Balance
$444,422
Interest Rate
3%
Estimated Equity
$336,851

Purchase Details

Closed on
Feb 21, 2020
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
$402,602
Interest Rate
3.6%
Mortgage Type
Small Business Administration
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
Lunn Randall Davis $556,694 Memphis Title Co
Magnolia Homes Inc $108,000 Memphis Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lunn Randall Davis $501,000
Previous Owner Magnolia Homes Inc $402,602
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $556,694 0.0% $164 / Sq Ft
07/30/2020 07/30/20 Price Changed $556,694 +3.3% $164 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $538,753 -- $158 / 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 $4,745 $174,250 $35,000 $139,250
2024 $4,745 $139,975 $26,325 $113,650
2023 $7,321 $139,975 $26,325 $113,650
2022 $7,153 $139,975 $26,325 $113,650
2021 $8,399 $139,975 $26,325 $113,650
2020 $3,460 $21,375 $21,375 $0
2019 $1,548 $21,375 $21,375 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lorna Skelton

    Crews Realty, LLC

    Section Image

  • R

    Seller Co-Listing Agent in 2020

    Ryan Arthur

    Oak Grove Realty, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10070749

Memphis Area Association of REALTORS®

APN: C0-258Z-E0-0019

Tennessee Shelby County Collierville 38017

972 Cypress Run Dr, Collierville, TN

This home is located at 972 Cypress Run Dr, Collierville, TN 38017 since 10 February 2020 and is currently estimated at $781,273, approximately $217 per square foot. This property was built in 2020. 972 Cypress Run Dr 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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