5369 Lock Bay Ln, Memphis, TN – Just Listed

5369 Lock Bay Ln, Memphis, TN

Just Listed


$ Click for current price
3 BEDROOMS | 2 (2 full ) BATHROOMS | 1331 SQUARE FEET

Why rent when you can buy?  This home qualifies for the $15,000 Down Payment Assistance Program which means you can move in for ZERO down. This home features 3 bedrooms with 2 full baths, a living area, separate dining room, spacious kitchen with breakfast area and a laundry room.  The large fenced backyard also includes a deck. 

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Lock Bay, Memphis, TN – Coming Soon

Lock Bay, Memphis, TN

Coming Soon


$ Click for current price
3 BEDROOMS | 2 (2 full ) BATHROOMS | 1331 SQUARE FEET

Why rent when you can buy?  This home qualifies for the $15,000 Down Payment Assistance Program which means you can move in for ZERO down. This home features 3 bedrooms with 2 full baths, a living area, separate dining room, spacious kitchen with breakfast area and a laundry room.  The large fenced backyard also includes a deck. 

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12214 GRAND RIDGE, Arlington, TN

12214 GRAND RIDGE, Arlington, TN

For Sale


$ Click for current price
5 BEDROOMS | 3 (3 full ) BATHROOMS |

Large home with 4 bedrooms or 3 bedrooms and an office on the main floor. Split bedroom plan creates a private master suite area. Master bath has separate tub and shower and double vanities. Large formal living room and then kitchen with hearth room and casual dining space. Large laundry room with pantry. Second floor includes bedroom, bonus room, full bathroom and lots of closet space for storage. Backyard includes covered patio and private fenced space. 

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12290 MACON, Unincorporated, TN – Just Listed

12290 MACON, Unincorporated, TN

Just Listed


$ Click for current price
5 BEDROOMS | 6 (5 full, 1 half ) BATHROOMS |

Drive up your private driveway and enter your own private domain.This home sits off the road and with lots of large trees, it is your country home in the city. A large expansive porch greets you upon arrival. Enter the home through the double doors and you will find a large open living area that flows into the kitchen area that will be great for entertaining large crowds or quiet evenings at home. Floor to ceiling views allow for beautiful views to your estate or horses grazing in the pasture.

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220 WILLOW BEND, Unincorporated, TN – Just Listed

220 WILLOW BEND, Unincorporated, TN

Just Listed


$ Click for current price
4 BEDROOMS | 4 (3 full, 1 half ) BATHROOMS |

Imagine living in a home where you could vacation 24/7. When the weather is warm step outside on the deck for grilling and then enjoy your beautiful salt water pool. Or a friendly game of football in your large estate sized lot. When you need a family night, everyone can head upstairs to the amazing media room with 7 stadium seats to sit back and relax and enjoy movie night. This spacious home includes a private master suite, master bath and walk in closets.

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12290 Macon Rd, Collierville, TN – Just Listed

12290 Macon Rd, Collierville, TN

Just Listed


$ Click for current price
5 BEDROOMS | 5 (5 full ) BATHROOMS | 5069 SQUARE FEET

Incredible home that feaures 5 bedroom and 5 full bathrooms. Large open floor plan with lots of privacy for everyone.  The master suite includes a sitting area, spacious bathroom and a private entrance to pool area.  Included in the 7+ acres is a four stall barn and arena.  With a couple inches of red river sand throughout, the arena under the trees in the back pasture is absolute heaven to ride horses in. Whether you are into English events or Western events… the footing with just red river sand is perfect. The current owners have  hosted trainers from both disciplines (English and Western) and all of them have raved about the footing. There’s nothing a few truck loads of red river sand can’t recreate. 

When the owners bought the property they were drawn to the trees! Those hundred year old oak trees were gorgeous and reminded them of “home”– the east coast. They love the green, the shade, the landscape, and the privacy. A little creek runs through the back yard.Your view will include watching your horses grazing in your pasture

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220 Willow Bend Way, Arlington, TN – Just Listed

220 Willow Bend Way, Arlington, TN

Just Listed


$ Click for current price
4 BEDROOMS | 3791 SQUARE FEET

Imagine living in a home where you could vacation 24/7. When the weather is warm step outside on the deck for grilling and then enjoy your beautiful salt water pool. Or a friendly game of football in your large estate sized lot. When you need a family night, everyone can head upstairs to the amazing media room with 7 stadium seats to sit back and relax and enjoy movie night. This spacious home includes a private master suite, master bath and walk in closets. With a door to your outdoor space, you may never have to leave your room. The open family room leads into the spacious hearth room…

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11214 CARSTON, Arlington, TN – Just Listed

11214 CARSTON, Arlington, TN

Just Listed


$ Click for current price
4 BEDROOMS | 3 (2 full, 1 half ) BATHROOMS |

Large home on corner lot with fenced back yard. Master suite on main level, 3 bedroom or 2 bedrooms and bonus room on second level. Separate dining room, large laundry room, eat in kitchen. This property is priced based on condition. As is, short sale.

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12214 GRAND RIDGE, Arlington, TN – Just Listed

12214 GRAND RIDGE, Arlington, TN

Just Listed


$ Click for current price
5 BEDROOMS | 3 (3 full ) BATHROOMS |

Large home with 4 bedrooms or 3 bedrooms and an office on the main floor. Split bedroom plan creates a private master suite area. Master bath has separate tub and shower and double vanities. Large formal living room and then kitchen with hearth room and casual dining space. Large laundry room with pantry. Second floor includes bedroom, bonus room, full bathroom and lots of closet space for storage. Backyard includes covered patio and private fenced space. MORE PHOTOS COMING SOON!

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Memphis area December 2016 Market Report…and which NBA star finally sold their home!

Memphis and Shelby County’s housing market found some stability in 2016 as the number of foreclosures hit a 15-year low, home sale activity picked up and home prices hit a record high as reported by Chandler Reports. 

The total number of units sold was up 9% from 2015 with 17,537 sales recorded for the year, the highest level since 2007. Total home sale volume was up 12% from 2015 with $2.8 billion sold compared to $2.5 billion last year.

Average home sales prices hit a record high of $158,651 due to a lack of bank owned property sales, tight housing inventory and record high new home sales prices.
City of Memphis Sales on the rise
Home sales within the city limits of Memphis accounted for 64% of the county’s sales with 11,144 recorded.
The average price per square-foot was up in every area, with Shelby County seeing an overall 5% increase in price per square-foot.
Following is a breakdown of year-end home sales by municipality comparing 2016 to 2015:
2016 Home Sales by Municipality
Municipality #of Units Sold Avg. Sale Price Avg. Price/SqFt
Arlington 4% 0% 1%
Bartlett 20% 4% 6%
Collierville -1% 6% 5%
Germantown 5% -2% 1%
Lakeland -3% 0% 4%
Memphis 10% 6% 6%
Millington 38% 11% 11%
Unincorporated 2% 8% 6%
 
42% of home sales in the county were valued under $100,000.
Home sales over $500,000 were up 14% from last year with 507 recorded  compared to 445 in 2016. Home sales valued over $1 million were up 33%.


And the most expensive home sold in December in Memphis was…..

the former residence of Jerry West of NBA Hall of Fame. 8580TournamentDrBuilt as the showplace “Quantum House”, the home sold for $1.4 Mil.

 

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Suzanne White
REALTOR
Keller Williams Realty
901-261-7900
Licensed In: TN
License #: 294656
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