See Home Value
Memphis 38120
388 S SHADY GROVE
$899,237*
House - Off Market

388 S SHADY GROVE

Memphis, TN 38120
bedrooms
4 Beds
bathrooms
7 Baths, 2 Half Baths
$720,000 - $878,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Jan 07, 2021
$740,000
$548,250 by Community Mortgage Corp
Mortgage Due Feb 01, 2050
Sold Aug 18, 1999
$679,000
$543,200 by Union Planters Bank National A
Mortgage Due Aug 01, 2029

About This Property

REDUCED! Classic Tudor Revival on stunning ~1acre grounds with gorgeous gunite pool and pool house. Downstairs Master Wing features office|study w/ fp, sitting room, private screened porch, dual baths, large walk-ins, and rare spa room – a truly fabulous retreat. Soaring, beamed LR ceiling with wall of windows overlooking grounds. Kitchen: granite, original St. Charles cabinetry, and top appl: Viking, SubZero, Kitchen-Aid. All beds have private bath. Entertainer's dream.
Unit Size
-
Days on Market
-
Land Size
0.91 acres
Price per sqft
-
Property Type
House
Property Taxes
$15,426
HOA Dues
-
Year Built
1977

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jan 7, 2021 Sold to Marisa E Wittmann, Thomas R... $740,000
Sold to Marisa E Wittmann, Thomas R...
Nov 29, 2020 In contract -
In contract
Oct 27, 2020 Price Decreased $799,000
↓ $16K (2%)
Price Decreased
Oct 4, 2020 Price Decreased $815,000
↓ $10K (1.2%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 22
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Other
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 575
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 40,001
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 8,507
  • Gross Building Area: 8,859
  • Building Area: 7,932
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 7,932
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVER OAKS 1 ST ADDN
  • Land Acres: 0.918
  • Standard Land Use Code: Single family residential
  • Legal Description 1: E S SHADY GROVE RD SOUTH 247.485 FT S OF SHADY GROVE RD EAST

Ownership

  • Current Owner : WITTMANN THOMAS RODNEY
  • Current Owner 2: WITTMANN MARISA E
  • Previous Owner : ATKINS JANE E
  • Owner Before Previous Owner: BOTTOM GREGORY R
  • Owner Before Previous Owner 2: BOTTOM REBECCA J
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021311

Zoning

  • Zoning: R-15

Geography

  • Assessors Map Reference: MB 33-34
  • District: O
  • Parcel: 08-0008-0-0155
  • Lot: 50
  • Municipality: MEMPHIS
  • Latitude: 35.1207
  • Longitude: -89.8578

    Address

  • Full Address: 388 Shady Grove Rd S
  • Address - House Number: 388
  • Street Segment Direction: S
  • Address - Street Name: Shady Grove
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Memphis
  • Carrier Code: C046
  • 4-Digit Zip Code: 2511
  • Zip Code: 38120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,780

    Appraisal Valuation

  • Standard Deviation: 0.1966
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 922,782
  • High Value: 1,104,267
  • Low Value: 741,297

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $746,250
  • First Open Lien Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 07, 2021
  • First Open Lien Mortgage Loan Amount: $548,250
  • First Open Lien Mortgage Term: 348
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2050
  • Second Open Lien Mortgage Lender: REGIONS BANK
  • Second Open Lien Mortgage Recording Date: Mar 15, 2023
  • Second Open Lien Mortgage Loan Amount: $198,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 26, 2053

    Market Valuation

  • Market Total Value: $773,500
  • Market Land Value: $376,600
  • Market Improvement Value: $396,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $193,375
  • Assessed Land Value: $94,150
  • Assessed Improvements Value: $99,225

    Sales

  • Current Sale Contract Date: Jan 21, 2020
  • Current Sale Recording Date: Jan 07, 2021
  • Current Sale Transaction ID: 11810274076
  • Current Sale Price: $740,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21002202
  • Previous Sale Recording Date: Aug 18, 1999
  • Previous Sale Contract Date: Jul 20, 1999
  • Previous Sale Amount: $679,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 07, 2021
  • First Mortgage Loan Amount: $548,250
  • First Mortgage Terms: 348
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: UNION PLANTERS BANK NATIONAL A
  • Previous Mortgage Transaction Date: Aug 18, 1999
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $543,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2029



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
5 Baths
-
$900,000 Nov 6, 2022
-
-

About Memphis


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Frequently Asked Questions

When was property at 388 South Shady Grove Road built and last sold?
The property at 388 South Shady Grove Road was built in 1977 and last sold on Jan 21, 2020 for $740,000.
How much is this home worth?
The estimated value of the home located at 388 South Shady Grove Road is $806,990.
What are some comparable homes to 388 South Shady Grove Road?
There are currently no comparable homes to 388 South Shady Grove Road.

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