1708 Padington Park Ln, Germantown, TN, 38138

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

1708 Padington Park Ln, Germantown$1,225,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingDriveway/Pad, More than 3 Coverd Spaces, Garage Door Opener(s), Side-Load Garage

Year Built2024

HeatingCentral, Natural Gas, Dual System, Multi Unit(s), Ceiling

CoolingCentral Air, Ceiling Fan(s), Dual, Multi Unit(s), Other

BasementYes

FireplacePrefabricated, Ventless Gas Fireplace, Vented Gas Fireplace, In Den/Great Room, In Other Room, Gas Starter, Gas Logs

MLS #10164807

Lot Size0.20 Acres

StatusActive
(New Construction)

About 1708 Padington Park Ln

Highly Sought Somerset Subdivision in heart of Gtown! 6BRs, 4.5 Baths + Playroom! Nail Down Hardwood! SS Appliances, Cathedral Ceiling in GR! 10'+ Ceilings down, 9' ceilings up! 23' wide covered patio, high end plumbing, lighting and cabinetry! Under cabinet and toe-kick lighting! Home camera, security, music, & surround sys! Pre-wired for generator and EV plug in Garage! Walk to Thornwood shopping, restaurants, G'town Athletic Club and G'town Performing Arts! Current appraisal for $1.225mil.

View More

Property Details

Property Features

Property Information:

• Architectural Style: Traditional
• Year Built: 2024
• Stories: 2

Listing Office:

• Office Name: Correale Builders and Realtors

Interior Features

Interior Information:

• Appliances: Range, Oven, Self Cleaning Oven, Double Oven, Gas Range, Disposal, Dishwasher, Microwave, Refrigerator
• Basement: Yes
• Flooring Type: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling, Two Story Foyer
• Interior: Walk-In Closet(s), Walk-In Attic, Fire Sprinklers, Cat/Dog Free House, Security System, Smoke Detector(s), Vent Hood/Exhaust Fan
• Fireplace: Prefabricated, Ventless Gas Fireplace, Vented Gas Fireplace, In Den/Great Room, In Other Room, Gas Starter, Gas Logs

Bedroom and Bathroom Information:

• Partial Bathrooms: 1
• Full Bathrooms: 4
• Total Bedroom Count: 6

Exterior Features

Exterior Information:

• Exterior: Gas Grill, Covered Patio, Well Landscaped Grounds, Sidewalks

Parking Information:

• Parking: Driveway/Pad, More than 3 Coverd Spaces, Garage Door Opener(s), Side-Load Garage

Lot Features

Lot Information:

• Lot: Few Trees, Level, Landscaped, Fencing
• Lot Size: 0.20 Acres

Utilities

Utilities Information:

• Heating: Central, Natural Gas, Dual System, Multi Unit(s), Ceiling
• Cooling: Central Air, Ceiling Fan(s), Dual, Multi Unit(s), Other

School Info

Assigned Schools Information:

• Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

• Directions: East on Neshoba from Germantown Pkwy. Left on Exeter Rd, Right on Sophie Ln. Home is straight ahead at the end where road curves to the left and becomes Padington Park.

Price Information

Listing Price Info

Price Summary:

• List Price: $1,225,000

Tax Information:

• Annual Amount: $2,145
• Tax Year: 2021

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

See how this home compares to others in Germantown, TN.

Germantown, TN

City

Med. Sold Price

$500K

Med. Price/SqFt

$135

Avg. Days On Market

2

# of Sold Homes

43

1708 Padington Park Ln vs Germantown

89 DAYS ON ROCKET

+87 Days

$1,225,000

+$725K More

KEY TAKEAWAY

This property is $725K more than the Median Sold Price in Germantown, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #10164807

Listing Office:

• Office Name: Correale Builders and Realtors

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 10:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Mar 07, 2019	Mar 07, 2019Home Sold	$165,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$2,145	$41,250
2020	$1,287	$31,800
2019	$1,287	$31,800
2018	$1,307	$31,800
2017	$1,390	$31,800

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$6,181

Per Month

Principal & Interest

$6,114

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,739

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Tennessee›Shelby County›Germantown›38138›1708 Padington Park Ln

This home is located at 1708 Padington Park Ln in Germantown, TN and zip code 38138. This home, which was built in 2024, sits on a 0.20 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 30, 2024 and is currently priced at $1,225,000.

In March 2024 more than 11 listings in Germantown, TN were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 24 were sold below. The inventory of homes for sale in Germantown, TN between February 2024 and March 2024 increased by 16.4%. The median list price of listings available in March 2024 was $500,000, while the average time on the real estate market was 2 days.

From Rocket Homes Real Estate and based on county public records data.