NOT LISTED FOR SALE

985 Cypress Vine Cove Collierville, TN 38017

Estimated Value: $667,000 - $754,000

3 Beds
3 Baths
3,200-3,399 Sq Ft
$210/Sq Ft Est. Value

Sale Details

Date Sold: September 28, 2020

Last sale price $504,999 $149 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,173 / mo

182 Days on Market

Highlights

  • New Construction
  • Landscaped Professionally
  • Traditional Architecture
  • Sycamore Elementary School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of September 2020

BRAND NEW Cove at Cypress Grove community featuring Cottage and Farmhouse style plans from Magnolia Homes! Fantastic homes with the included features you would expect! 60' x 149' home site w/ large back yard but still low-maintenance. Lots of living space on the 1st floor! 3 BR down and upstairs has bonus room w/ future options! Beautifully designed green space behind gives homeowner small lot yet a backyard space for outside joy. James Hardie, farm sink, custom vent hood, ventless FP,& more!

Last Agent to Sell the Property

Lorna Skelton

Crews Realty, LLC License #350921 Listed on: 02/03/2020

Co-Listed By

Ryan Arthur

Oak Grove Realty, LLC License #325960

Last Buyer's Agent

Tommie Criswell

Crye-Leike, Inc., REALTORS License #262551

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Lot Dimensions are 60x149x60149
  • Landscaped Professionally

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,200-3,399 Sq Ft Home
  • 3,360 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Popcorn or blown ceiling
  • Vaulted Ceiling
  • Gas Fireplace
  • Aluminum Window Frames
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Play Room
  • Laundry Room
  • Attic

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • 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 Attached Garage
  • Front Facing Garage

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

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

Home Details

Home Type

Single Family

Year Built

Built in 2020 | New Construction

Lot Details

9,017 Sq Ft Lot

HOA Fees

$50 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: Cove at Cypress Grove
  • List Price Per Sq Ft: 150
  • Number Of Stories: 2
  • Prop Construction Status: New Construction (Never Occupied)
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 3360
  • 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, 3rd Bedroom, 2 or More Baths, Laundry Room, Breakfast Room
  • Second Story Floor Plan: Play Room/Rec Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 3200-3399
  • Bedroom 2 Description: Level 1, Walk-In Closet, Private Full Bath
  • Bedroom 3 Description: Level 1, Shared Bath
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, Textured Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 3
  • Equipment: Double Oven, Cooktop, Gas Cooking, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Dining Room, Great Room, Separate Breakfast Room, Pantry, Island In Kitchen
  • Misc Interior: Walk-In Closet(s), Walk-In Attic, Cat/Dog Free House, Security System, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Attic
  • 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

Exterior Features

  • Misc Exterior: Porch, Covered Patio
  • Exterior Windows: Brick Veneer, Aluminum/Steel Siding
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Front-Load Garage

Utilities

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

Association/Amenities

  • Annual Association Fee: 600
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Professionally Landscaped
  • Lot Number: 224
  • Lot Size: 60x149x60149

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Sep 28, 2020
Sold by
Magnolia Homes Inc
Bought by
Brooks Larry and Brooks Susan
Seller's Agent
Lorna Skelton
Crews Realty, LLC
Buyer's Agent
Tommie Criswell
Crye-Leike, Inc., REALTORS
List Price
$504,999
Sold Price
$504,999
Current Estimated Value
$713,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,002
Avg. Annual Appreciation
6.41%
Original Mortgage
$100,000
Outstanding Balance
$88,945
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$624,056

Purchase Details

Closed on
Sep 18, 2019
Sold by
Crew 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
3.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Brooks Larry $504,999 Memphis Title Co
Magnolia Homes Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Larry $100,000
Previous Owner Magnolia Homes Inc $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2020 09/28/20 Sold $504,999 0.0% $158 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $504,999 -- $158 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $4,412 $170,650 $33,750 $136,900
2024 $4,280 $126,250 $26,325 $99,925
2023 $6,603 $126,250 $26,325 $99,925
2022 $6,451 $126,250 $26,325 $99,925
2021 $7,575 $126,250 $26,325 $99,925
2020 $3,283 $46,075 $21,375 $24,700
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
  • Tommie Criswell

    Buyer's Agent in 2020

    Tommie Criswell

    Crye-Leike

    (901) 230-7653

    1 in this area

    17 Total Sales

    Tommie Criswell
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10070120

Memphis Area Association of REALTORS®

APN: C0-258Z-E0-0066

Tennessee Shelby County Collierville 38017

985 Cypress Vine Cove, Collierville, TN

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