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Shelby 38017 East Central Shelby
685 COLD CREEK DR
Photo of 685 COLD CREEK DR
Sold on Sep 18, 2024

28

Map

Photo of 685 COLD CREEK DR
Photo of 685 COLD CREEK DR
$665,000
● House - Off Market

685 COLD CREEK DR

Collierville, TN 38017
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,474 Ft²
$3,634
Est. Monthly

About This Property

These are the homeowners you want to buy from! Such love & care into their home since they purchased! Three bedrooms down, HUGE bedroom & bonus up w/ full bath!. Home is situated on 2+ acres & has a storage building w electricity. Since they bought they have: new roof, new flooring throughout, paint inside/out, all new windows, tankless water heater installed, new gutters, remodeled primary bath, replaced wood stair railing w iron, new light fixtures, fenced yard, & WHOLE HOUSE GENERATOR!!
Unit Size
3,474 Ft²
Days on Market
-
Land Size
2.30 acres
Price per sqft
$196
Property Type
House
Property Taxes
$295
HOA Dues
-
Year Built
1998

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 months ago (Realtracs #RTC3503259)

Price History

Date / Event Date Event Price
Sep 18, 2024 Sold
Premium
Sold
May 21, 2024 Listed by Crye-Leike Realtors $679,800
Listed by Crye-Leike Realtors

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 526
  • Parking Space Count: 2
  • Patio Type: 12
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 89,156
  • Lot Size Depth Feet: 3,980
  • Lot Size Frontage Feet: 1,900
  • Total Building Area: 4,792
  • Gross Building Area: 4,792
  • Building Area: 4,266
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,266
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KIRKLAND ESTATES
  • Land Acres: 0000002047
  • Standard Land Use Code: 1001
  • County Land Use Code: 062
  • Legal Description 1: WS COLD CREEK CV COR RALEIGH LAGRANGE RD (SW)

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021020

Zoning

  • Zoning: CA

Geography

  • Assessors Map Reference: MB 164-15
  • District: S
  • Parcel: D0-223D-B0-0001
  • Lot: 1
  • Municipality: SHELBY COUNTY
  • Latitude: 35.1068
  • Longitude: -89.6436

    Address

  • Full Address: 685 Cold Creek Dr
  • Address - House Number: 685
  • Address - Street Name: Cold Creek
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Collierville
  • Carrier Code: R002
  • 4-Digit Zip Code: 4968
  • Zip Code: 38017

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $354,594

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 598,899
  • High Value: 714,561
  • Low Value: 483,237

    Market Valuation

  • Market Total Value: $418,400
  • Market Land Value: $88,800
  • Market Improvement Value: $329,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $104,600
  • Assessed Land Value: $22,200
  • Assessed Improvements Value: $82,400

    Sales

  • Current Sale Contract Date: Oct 07, 2016
  • Current Sale Recording Date: Oct 25, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 16109581
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About East Central Shelby

Stats & Trends

Median Asking:

$389,950

Sale Price/ft²

$148

Below Asking

0.02%

Average Days on Market

117

Average Home Size

4447 ft²

Average Home Age

19 years

Currently For Sale

3 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Realtracs

Listed by: Mary Jeffrey, Crye-Leike Realtors
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3503259
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 685 Cold Creek Drive built and last sold?
The property at 685 Cold Creek Drive was built in 1998 and last sold on Oct 7, 2016 for $349,000.
How much is this home worth?
The estimated value of the home located at 685 Cold Creek Drive is $681,868.
What are some comparable homes to 685 Cold Creek Drive?
There are currently no comparable homes to 685 Cold Creek Drive.
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