NOT LISTED FOR SALE

985 Gable Cove Collierville, TN 38017

Estimated Value: $431,000 - $486,000

4 Beds
3.5 Baths
2,800-2,999 Sq Ft
$152/Sq Ft Est. Value

Last Sold September 12, 2016

Last sale price $246,000 $82 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,653/month

Highlights

  • Two Primary Bedrooms
  • Deck
  • Traditional Architecture
  • Tara Oaks Elementary School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of September 2016

Incredible investment opportunity or fixer upper for an owner to have instant equity!!! Cosmetic repairs needed. This large home is situated on a cove and is walking distance to Tara Oaks Elementary and Collierville Greenbelt. This home has great bones! Great for a 203k loan or investor! Call today for more details!

Last Agent to Sell the Property

Edwin Scruggs

BHHS Taliesyn Realty License #258919 Listed on: 06/29/2016

BHHS Taliesyn Realty

Co-Listed By

Michael Jones

Regency Realty, LLC License #310546

Last Buyer's Agent

Michael Onwuka

BenchMark REALTORS, LLC License #260818

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,148

Year Built

  • Built in 1996

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 54 x 154
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,826 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Two Story Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Screened Porch
  • Attic Access Panel
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Double Master Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Driveway

Outdoor Features

  • Cove
  • Deck
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System

Community Details

  • Tara Woods P U D Subdivision

Listing and Financial Details

  • Assessor Parcel Number C0234D B00081

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,148

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 873E
  • MAAR Subdivision Name: TARA WOODS
  • List Price Per Sq Ft: 87
  • Number Of Stories: 2
  • Price Per Sq Ft: 87.05
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 2826
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 1 1/2 Bath, Laundry Room
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Two Primaries, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedroom 2 Description: Level 2, Walk-In Closet, Private Full Bath, Vaulted/Coffered Ceilings, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Vaulted/Coff/Tray Ceiling, Two Story Foyer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Double Oven, Cooktop, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Eat-In Kitchen, Breakfast Bar, Pantry
  • Misc Interior: Walk-In Closet(s), Attic Access
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Attic
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Vaulted/Coffered Ceiling, Carpet
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Carpet

Exterior Features

  • Misc Exterior: Storage Building, Screen Porch, Deck
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad, Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Some Trees, Cove, Landscaped
  • Lot Number: 81
  • Acreage: 0.45
  • Lot Size: 54 X 154
  • Price Per Acre: 546667

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: C0234D B00081

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2016
Closed on
Sep 9, 2016
Sold by
Hanshew Raymond L and Hanshew Melissa A
Bought by
Ugorji Chiedozie
Seller's Agent
Edwin Scruggs
BHHS Taliesyn Realty
Buyer's Agent
Michael Onwuka
BenchMark REALTORS, LLC
List Price
$259,900
Sold Price
$246,000
Premium/Discount to List
-$13,900
-5.35%
Current Estimated Value
$455,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,759
Avg. Annual Appreciation
6.99%
Original Mortgage
$241,544
Outstanding Balance
$192,563
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$263,196

Purchase Details

Closed on
May 28, 2004
Sold by
Holman Stephen L and Holman Melissa K
Bought by
Hanshew Raymond L and Hanshew Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,250
Interest Rate
5.98%
Mortgage Type
VA

Purchase Details

Closed on
Sep 19, 2003
Sold by
Nelson James A and Nelson Susan E
Bought by
Holman Stephen L and Holman Melissa K

Purchase Details

Closed on
Mar 2, 1998
Sold by
Reinhart Matthew W and Reinhart Jayne P
Bought by
Nelson James A and Nelson Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,800
Interest Rate
7.06%
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
Ugorji Chiedozie $246,000 None Available
Hanshew Raymond L $250,000 Memphis Title Company
Holman Stephen L $235,000 Realty Title & Escrow Co
Nelson James A $204,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ugorji Chiedozie $241,544
Previous Owner Hanshew Raymond L $258,250
Previous Owner Nelson James A $193,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2016 09/12/16 Sold $246,000 -5.3% $88 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
06/29/2016 06/29/16 For Sale $259,900 -- $93 / 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 $3,148 $116,975 $14,775 $102,200
2024 $3,037 $89,575 $14,775 $74,800
2023 $4,685 $89,575 $14,775 $74,800
2022 $4,577 $89,575 $14,775 $74,800
2021 $4,631 $89,575 $14,775 $74,800
2020 $4,038 $68,675 $14,775 $53,900
2019 $2,781 $68,675 $14,775 $53,900
2018 $2,781 $68,675 $14,775 $53,900
2017 $3,148 $76,600 $14,775 $61,825
2016 $2,797 $64,000 $0 $0
2014 $2,797 $64,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Edwin Scruggs

    Seller's Agent in 2016

    Edwin Scruggs

    BHHS Taliesyn Realty

    (901) 466-4012

    11 in this area

    118 Total Sales

    Edwin Scruggs
    Section Image
  • Michael Jones

    Seller Co-Listing Agent in 2016

    Michael Jones

    Regency Realty, LLC

    (901) 239-2763

    14 in this area

    83 Total Sales

    Michael Jones
    Section Image

  • M

    Buyer's Agent in 2016

    Michael Onwuka

    BenchMark REALTORS, LLC

    (901) 864-3328

    7 Total Sales

    Michael Onwuka
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9980599

Memphis Area Association of REALTORS®

APN: C0-234D-B0-0081

Tennessee Shelby County Collierville 38017

985 Gable Cove, Collierville, TN

This home is located at 985 Gable Cove, Collierville, TN 38017 since 29 June 2016 and is currently estimated at $455,759, approximately $151 per square foot. This property was built in 1996. 985 Gable Cove is a home located in Shelby County with nearby schools including Tara Oaks Elementary School, Collierville Middle School, and Collierville High School.

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