NOT LISTED FOR SALE

9968 Promontory Cove Lakeland, TN 38002

Estimated Value: $863,000 - $1,063,000

7 Beds
8 Baths
7,000-7,999 Sq Ft
$124/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $930,000 $116 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,628/month

198 Days on Market

Highlights

  • Home Theater
  • Gated Community
  • Community Lake
  • Lakeland Elementary School Rated A
  • Waterfront
  • Living Room with Fireplace

About This Home

As of June 2024

Your dream lakefront home awaits you just in time for all the summer fun! New price $300k below recent appraisal. Marvel at breathtaking sunsets & bask in the soothing waters that create an oasis. This home is an ultimate retreat situated within a gated community & boasts over 7,400sq ft. Enjoy the convenience of your private boat pad, granting direct access to the picturesque 240-acre lake, offering an array of activities including boating, kayaking, fishing, lakeside concerts, fireworks & more

Last Agent to Sell the Property

Courtney Barnes

Coldwell Banker Collins-Maury License #296427 Listed on: 11/03/2023

Coldwell Banker Collins-Maury

Last Buyer's Agent

Courtney Barnes

Coldwell Banker Collins-Maury License #296427 Listed on: 11/03/2023

Coldwell Banker Collins-Maury

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,792

Year Built

  • Built in 2007

Lot Details

  • 0.45 Acre Lot
  • Waterfront

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 7,000-7,999 Sq Ft Home
  • 7,467 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • Gas Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Home Office
  • Loft
  • Bonus Room
  • Play Room
  • Keeping Room
  • Water Views
  • Attic Access Panel
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 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

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

Outdoor Features

  • Water Access
  • Patio

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number L0150B A00020

Community Details

Overview

  • Pointe Subdivision
  • Mandatory Home Owners Association
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,792

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: THE POINTE
  • Number Of Stories: 3
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 7467
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1/2 Bath, 2 or More Baths, Laundry Room, Keeping/Hearth Room, Breakfast Room
  • Second Story Floor Plan: 4th or More Bedrooms, 2 or More Baths, Media Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 7000 - 7999
  • Bedroom 2 Description: Private Full Bath, Smooth Ceiling
  • Bedroom 3 Description: Private Full Bath, Smooth Ceiling
  • Bedroom 4 Description: Shared Bath, Smooth Ceiling
  • Bedroom 5 Description: Shared Bath, Smooth Ceiling
  • Bedrooms: 7
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Living Room, Gas Starter
  • Floors/Ceilings: Part Hardwood, Tile, Smooth Ceiling
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Equipment: Gas Cooking, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Breakfast Bar, Pantry, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: Attic Access, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Play Room, Bonus Room, Office/Sewing Room, Loft/Balcony, Attic
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Gas
  • Security: Smoke Detector(s)
  • Water Sewer: Gas Water Heater

Association/Amenities

  • Neighborhood Amenities: Lake, Gated Neighborhood
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Water Frontage, Water View, Water Access
  • Lot Number: 20
  • Acreage: 0.45
  • Keeping Hearth Dimension: 21x15
  • Lot Size: 19690 SF 100.44 X 194.32

Tax Info

  • Assessor Parcel Number: L0150B A00020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2025
Sold by
Floyd Rebecca B and Floyd John Kevin
Bought by
Rebecca B Floyd Revocable Living Trust and Floyd
Current Estimated Value
$993,971

Purchase Details

Listed on
Nov 3, 2023
Closed on
Jun 18, 2024
Sold by
Budlong Keith and Budlong Rachel
Bought by
Floyd Rebecca B and Floyd John Kevin
Seller's Agent
Courtney Barnes
Coldwell Banker Collins-Maury
Buyer's Agent
Courtney Barnes
Coldwell Banker Collins-Maury
List Price
$1,350,000
Sold Price
$930,000
Premium/Discount to List
-$420,000
-31.11%
Views
609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$640,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2011
Sold by
Mtglq Investors L P
Bought by
Budlong Keith and Budlong Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2010
Sold by
Williams Latoya and Veals Gariel
Bought by
Mtglq Investors L P

Purchase Details

Closed on
Aug 24, 2007
Sold by
Sinquefield Chamberlain & Mccreery Llc
Bought by
Williams Latoya and Veals Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$836,250
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 24, 2004
Sold by
The Pointe Llc
Bought by
Sinquefield Chamberlain & Mccreery Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2003
Sold by
The Pointe Llc
Bought by
Gregory Mark W and Gregory Brenda E
Source: Public Records

Range of Values:

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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
Rebecca B Floyd Revocable Living Trust -- None Listed On Document
Floyd Rebecca B $930,000 Foundation Title
Budlong Keith $571,000 Multiple
Mtglq Investors L P $650,000 None Available
Williams Latoya $1,115,000 Summit Title & Escrow Llc
Sinquefield Chamberlain & Mccreery Llc $175,000 --
Gregory Mark W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Floyd Rebecca B $640,000
Previous Owner Budlong Keith $417,000
Previous Owner Williams Latoya $836,250
Previous Owner Sinquefield Chamberlain & Mccreery Llc $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2024 06/18/24 Sold $930,000 -11.4% $133 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
04/26/2024 04/26/24 Price Changed $1,050,000 -1.4% $150 / Sq Ft
04/10/2024 04/10/24 Price Changed $1,065,000 -0.9% $152 / Sq Ft
04/03/2024 04/03/24 Price Changed $1,075,000 -2.1% $154 / Sq Ft
03/22/2024 03/22/24 Price Changed $1,098,000 -0.1% $157 / Sq Ft
03/14/2024 03/14/24 Price Changed $1,099,000 -4.4% $157 / Sq Ft
02/29/2024 02/29/24 Price Changed $1,150,000 -3.4% $164 / Sq Ft
02/05/2024 02/05/24 Price Changed $1,189,900 -0.8% $170 / Sq Ft
01/11/2024 01/11/24 Price Changed $1,199,900 -4.0% $171 / Sq Ft
01/06/2024 01/06/24 Price Changed $1,250,000 -2.0% $179 / Sq Ft
01/01/2024 01/01/24 Price Changed $1,275,000 -1.9% $182 / Sq Ft
12/06/2023 12/06/23 Price Changed $1,299,900 -3.7% $186 / Sq Ft
11/06/2023 11/06/23 For Sale $1,350,000 -- $193 / 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 $4,792 $238,350 $71,250 $167,100
2024 $13,650 $201,325 $61,875 $139,450
2023 $6,825 $201,325 $61,875 $139,450
2022 $6,825 $201,325 $61,875 $139,450
2021 $6,946 $201,325 $61,875 $139,450
2020 $6,663 $164,525 $61,875 $102,650
2019 $6,663 $164,525 $61,875 $102,650
2018 $8,720 $164,525 $61,875 $102,650
2017 $8,819 $164,525 $61,875 $102,650
2016 $9,982 $173,000 $0 $0
2014 $7,560 $173,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10160186

Memphis Area Association of REALTORS®

APN: L0-150B-A0-0020