Memphis and Germantown claim top five residential sales
Germantown and Memphis claimed all five top home sales in the latest round of purchases.
The first big sale was a 1.2-acre property on 8968 Hollybrook Lane North in the Forestbrook subdivision that went for $1.135 million. Located in the Germantown 38139 ZIP code, the parcel is still listed as vacant residential land by the Shelby County Assessor of Property.
Second on the list was a house in the 38120 Memphis ZIP on River Oaks Road. The nearly 7,000-square-foot house with six bedrooms and five-and-a-half bathrooms sold for $998,000. The house was built in 1996.
The third mega sale was a residence in the Memphis 38117 ZIP code on Gwynne Road. The circa 1942 house that measures in at 5,200 square feet has six bedrooms and four baths. The purchase price was $880,760.
Germantown claimed the final two sales with fourth place going to a house in the 38139 ZIP. Constructed in 1990, the five-bed, four-and-a-half bath house sold for $865,000. The 6,100-square-foot abode is situated on Dove Meadow Cove.
Finally, Germantown’s 38138 ZIP ends the sales with a $754,000 transaction on Inspiration Drive. Built in 2014, the 5,300-square-foot home includes five beds and four-and-a-half baths.http://www.bizjournals.com/memphis/news/2016/07/08/memphis-and-germantown-claim-top-five-residential.html