NOT LISTED FOR SALE

10007 Drop Seed Dr Lakeland, TN 38002

Estimated Value: $542,893 - $606,000

4 Beds
3 Baths
3,329 Sq Ft
$169/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $350,000 $105 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,245/month

77 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • High Ceiling
  • Lakeland Elementary School Rated A
  • 1 Fireplace
  • Community Pool

About This Home

As of November 2016

This model perfect Magnolia patio home is a must see! This Winstead model floor plan features 2 bedrooms down and two up. Sit out side on the patio and relax with the sound of the water fountain in the stocked lake! Or walk to the community pool for a refreshing swim. If you need storage space, be sure to see the signature Magnolia Homes attic space!! This is truly a one of a kind home in this beautiful Magnolia Home community.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,753

Year Built

  • Built in 2008

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50.64 x 146.13
  • Irrigation

Home Design

  • Shingle Roof

Interior Spaces

  • 3,329 Sq Ft Home
  • Property has 3 Levels
  • High Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Water Views

Kitchen

  • Double Oven
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Double Vanity

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 116
  • Assessor Parcel Number L0150A D00116

Community Details

Overview

  • Property has a Home Owners Association
  • Winstead Farms Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,753

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Year Built: 2008
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: High Ceilings, Pantry
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Double Oven, Gas Range, Gas Oven
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Building Area Units: Square Feet
  • Living Area: 3329
  • Living Area Units: Square Feet
  • Other Equipment: Irrigation System

Exterior Features

  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Covered
  • Pool Private: No
  • Roof: Shingle
  • View: Water
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Garage Faces Rear

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Ceiling Fan(s), Dual
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Electric
  • Heating Yn: Yes
  • Security: Security System, Smoke Detector(s)
  • Utilities: Electricity Available, Natural Gas Available, Water Available, Cable Connected

Condo/Co-op/Association

  • Association Fee: 600
  • Amenities: Sidewalks, Pool
  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size: 50.64 X 146.13
  • Lot Size Units: Acres
  • Parcel #: L0150A D00116
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4753
  • Tax Lot: 116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2016
Closed on
Nov 30, 2016
Sold by
Wise Ann K
Bought by
White Michael D and White Debora Ann
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$564,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,223
Avg. Annual Appreciation
5.52%
Original Mortgage
$280,000
Outstanding Balance
$223,257
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$340,966

Purchase Details

Closed on
Feb 27, 2015
Sold by
Wise Anne K
Bought by
Wise Anne K and Anne K Wise Revocable Living Trust

Purchase Details

Listed on
Dec 30, 2013
Closed on
May 28, 2014
Sold by
Patterson Ann
Bought by
Wise Anne K
Seller's Agent
Thomas Marchbanks
eXp Realty, LLC
Buyer's Agent
Joyce Chasteen
Crye-Leike, Inc., REALTORS
List Price
$369,900
Sold Price
$325,000
Premium/Discount to List
-$44,900
-12.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$235,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 29, 2008
Sold by
Magnolia Homes Inc
Bought by
Patterson Ann
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
White Michael D $350,000 None Available
Wise Anne K -- None Available
Wise Anne K $325,000 None Available
Patterson Ann $361,083 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Michael D $280,000
Previous Owner Wise Anne K $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2016 11/30/16 Sold $350,000 0.0% $105 / Sq Ft
11/30/2016 11/30/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $350,000 +7.7% $105 / Sq Ft
05/28/2014 05/28/14 Sold $325,000 -12.1% $102 / Sq Ft View Prior Sale
03/09/2014 03/09/14 Pending -- -- --
12/30/2013 12/30/13 For Sale $369,900 -- $116 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,433 $141,275 $27,450 $113,825
2024 $3,433 $101,275 $21,150 $80,125
2023 $3,433 $101,275 $21,150 $80,125
2022 $3,433 $101,275 $21,150 $80,125
2021 $3,494 $101,275 $21,150 $80,125
2020 $3,519 $86,900 $17,550 $69,350
2019 $3,519 $86,900 $17,550 $69,350
2018 $4,606 $86,900 $17,550 $69,350
2017 $4,658 $86,900 $17,550 $69,350
2016 $4,753 $82,375 $0 $0
2014 $3,600 $82,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas Marchbanks

    Seller's Agent in 2014

    Thomas Marchbanks

    eXp Realty, LLC

    (901) 335-6688

    1 in this area

    62 Total Sales

    Thomas Marchbanks
    Section Image
  • Joyce Chasteen

    Buyer's Agent in 2014

    Joyce Chasteen

    Crye-Leike

    (901) 485-3986

    1 in this area

    88 Total Sales

    Joyce Chasteen
    Section Image
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Map

Source: Realtracs

MLS Number: 3029453

Realtracs

APN: L0-150A-D0-0116

Tennessee Shelby County Lakeland 38002

10007 Drop Seed Dr, Lakeland, TN

This home is located at 10007 Drop Seed Dr, Lakeland, TN 38002 since 14 September 2016 and is currently estimated at $564,223, approximately $169 per square foot. This property was built in 2008. 10007 Drop Seed Dr is a home located in Shelby County with nearby schools including Lakeland Elementary School, Lakeland Middle Preparatory School, and Arlington High School.

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