9240 Forest Downs Rd, Germantown, TN, 38138

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

9240 Forest Downs Rd, Germantown$2,410,000

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, Circular Drive, More than 3 Coverd Spaces, Storage Room(s), Garage Door Opener(s), Front-Load Garage, Side-Load Garage, Gated Parking, Gate Clickers, Garage

Year Built1999

HeatingCentral, Natural Gas

CoolingCentral Air

MLS #10160484

Lot Size2.04 Acres

StatusActive

About 9240 Forest Downs Rd

Stunning estate in Germantown, chef's kitchen - 48" dual fuel range w/ griddle, huge double sized island and fridge, all new cabinets and appliances. Primary bedroom w/ study on the main floor. Totally renovated primary bathroom, it's a must see. Soaring ceilings throughout. Gorgeous gunite pool / hot tub / waterfall. Everything renovated in 2023 new, 4 HVAC's, 2 water heaters, inside/outside paint, pool heater, filtration, 6" gutters, Rachio smart irrigation system, security cameras

View More

Property Details

Property Features

Property Information:

• Architectural Style: French
• Year Built: 1999
• Stories: 2

Listing Office:

• Office Name: Crye-Leike, Inc., REALTORS

Interior Features

Interior Information:

• Appliances: Range, Oven, Self Cleaning Oven, Double Oven, Gas Range, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Satellite Dish
• Flooring Type: Smooth Ceiling

Bedroom and Bathroom Information:

• Partial Bathrooms: 1
• Full Bathrooms: 6
• Total Bedroom Count: 5

Exterior Features

Exterior Information:

• Exterior: Auto Lawn Sprinkler, Pool Cleaning Equipment, Pool Heater, Gas Grill, Porch, Patio, Covered Patio, Deck, Gazebo, Hot Tub, Well Landscaped Grounds, Chain Fence, Brick/Ironed Fence, Iron Fence

Parking Information:

• Parking: Driveway/Pad, Circular Drive, More than 3 Coverd Spaces, Storage Room(s), Garage Door Opener(s), Front-Load Garage, Side-Load Garage, Gated Parking, Gate Clickers, Garage

Lot Features

Lot Information:

• Lot: Few Trees, Level
• Lot Size: 2.04 Acres

Utilities

Utilities Information:

• Heating: Central, Natural Gas
• Cooling: Central Air

School Info

Assigned Schools Information:

• Memphis Virtual School, Public District Grades 6-12

Other

Directions Information:

• Directions: Heading east on poplar ave, turn south on Forest Hill Irene Rd in .4 miles turn left on Forest Downs. In .2 miles home is on your left

Price Information

Listing Price Info

Price Summary:

• List Price: $2,410,000

Tax Information:

• Annual Amount: $11,866
• 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

9240 Forest Downs Rd vs Germantown

172 DAYS ON ROCKET

+170 Days

$2,410,000

+$1.9M More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price in Germantown, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #10160484

Listing Office:

• Office Name: Crye-Leike, Inc., 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: 4/29/2024, 5:25:15 AM 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
Aug 20, 2019	Aug 20, 2019Home Sold	$800,000
Nov 25, 2015	Nov 25, 2015Home Sold	$815,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$11,866	$228,200
2020	$8,320	$205,450
2019	$8,320	$205,450
2018	$8,444	$205,450
2017	$9,825	$205,450

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.

$12K

Per Month

Principal & Interest

$12K

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

$7,292

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Tennessee›Shelby County›Germantown›38138›9240 Forest Downs Rd

This home is located at 9240 Forest Downs Rd in Germantown, TN and zip code 38138. This home, which was built in 1999, sits on a 2.04 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since November 08, 2023 and is currently priced at $2,410,000.

In March 2024, from all listings sold in Germantown, TN there were more than 11 sold above asking price, over 24 sold below and more than 8 were sold right at the asked price. In March 2024 in Germantown, TN there were 16.4% more homes for sale than in February 2024. In March 2024, listings were on the market for 2 days. During the same period, the median list price in this real estate market was $500,000.

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