NOT LISTED FOR SALE

10040 Drop Seed Cir Lakeland, TN 38002

Lakeland Neighborhood

Estimated Value: $494,000 - $515,000

4 Beds
3 Baths
3,000-3,199 Sq Ft
$158/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $518,000 $162 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,084/month

38 Days on Market

Highlights

  • Vaulted Ceiling
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Lakeland Elementary School Rated A
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of July 2022

FORMER MAGNOLIA HOMES MODEL.ENJOY THE NEIGHBORHOOD POOL NEAR BY! ALL HARDWOOD DOWNSTAIRS,LARGE ENTRY, PRIMARY BEDROOM DOWN HAS HUGE WALK-IN CLOSET, 2BDRM DW, OPEN GREATRM HIGH CEILINGS, KIT WITH BREAKFAST BAR, GAS COOKING DOUBLE OVENS, FRENCH DOORS FROM GREAT RM TO COVRED PATIO WITH SMALL FENCED YARD. OVER SIZED REAR ENTRY GARAGE

Last Agent to Sell the Property

Barbara Weir

Coldwell Banker Collins-Maury License #244749 Listed on: 06/03/2022

Coldwell Banker Collins-Maury

Last Buyer's Agent

Cindy Ann Ward

Blackstone Realty License #351469

Blackstone Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,442

Year Built

  • Built in 2016

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 57.03 x 115.01
  • Wood Fence
  • Level Lot

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 3,174 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Factory Built Fireplace
  • Gas Fireplace
  • Window Treatments
  • Two Story Entrance Foyer
  • Great Room
  • Dining Room
  • Den
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Parking

  • 2 Car 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 Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number L0150A D00099

Community Details

Overview

  • Winstead Farms Subdivision
  • Mandatory home owners association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,442

Year Built

Built in 2016

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 831B
  • MAAR Subdivision Name: WINSTEAD FARMS
  • List Price Per Sq Ft: 163
  • Number Of Stories: 2
  • Price Per Sq Ft: 163.2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3174
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, Laundry Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Double Vanity Bath, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedroom 2 Description: Hardwood Floor, Level 1, Private Full Bath
  • Bedroom 3 Description: Carpet, Shared Bath, Level 2, Smooth Ceiling, Walk-In Closet
  • Bedroom 4 Description: Shared Bath, Level 2, Smooth Ceiling
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Prefabricated, Ventless Gas Fireplace
  • Floors/Ceilings: Part Hardwood, Two Story Foyer
  • Full Bathrooms: 3
  • Equipment: Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave
  • Living Dining Kitchen: Separate Dining Room, Great Room, Breakfast Bar, Island In Kitchen
  • Misc Interior: All Window Treatments
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Entry Hall
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, Smooth Ceiling, Separate Shower, Tile Floor, Vaulted/Coffered Ceiling, Whirlpool Tub
  • P R I M A R Y B E D R O O M: Hardwood Floor, Level 1, Smooth Ceiling, Vaulted/Coffered Ceiling

Exterior Features

  • Misc Exterior: Covered Patio, Wood Fence
  • Exterior Windows: Brick Veneer
  • Pool Description: Neighborhood
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Garage Door Opener(s), Back-Load Garage

Utilities

  • Cooling: Central, Dual System
  • Heating: Central, Gas
  • Water Sewer: Gas Water Heater, Public Sewer, Public Water

Association/Amenities

  • Annual Association Fee: 600
  • Neighborhood Amenities: Pool
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Wood Fenced
  • Lot Number: 99
  • Acreage: 0.15
  • Lot Size: 57.03 X 115.01
  • Price Per Acre: 3453333

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: L0150A D00099

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2025
Sold by
Shellpoint Mortgage Servicing and Newrez Llc
Bought by
Secretary Of Veterans Affairs
Current Estimated Value
$505,062

Purchase Details

Closed on
Apr 28, 2025
Sold by
Rubin Lublin Tn Pllc
Bought by
Shellpoint Mortgage Servicing and Newrez Llc

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 18, 2022
Sold by
Yee Jon Carlos Pong
Bought by
Dix Anthony
Seller's Agent
Barbara Weir
Coldwell Banker Collins-Maury
Buyer's Agent
Cindy Ann Ward
Blackstone Realty
List Price
$518,000
Sold Price
$518,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%
Original Mortgage
$529,914
Interest Rate
5.23%
Mortgage Type
VA

Purchase Details

Listed on
Mar 1, 2016
Closed on
Nov 18, 2016
Sold by
Magnolia Homes Inc
Bought by
Jon Carlos Pong Yee and Jon Arentina Geertruid
Seller's Agent
Brandon Prevette
eXp Realty
Buyer's Agent
Barbara Weir
Coldwell Banker Collins-Maury
List Price
$349,995
Sold Price
$344,860
Premium/Discount to List
-$5,135
-1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$190,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2015
Sold by
Winstead Farms Llc
Bought by
Magnolia Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Secretary Of Veterans Affairs -- Servicelink
Shellpoint Mortgage Servicing $447,146 None Listed On Document
Dix Anthony $518,000 Edco Title & Closing Services
Jon Carlos Pong Yee $344,060 None Available
Magnolia Homes Inc $76,500 Delta Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dix Anthony $529,914
Previous Owner Jon Carlos Pong Yee $190,000
Previous Owner Magnolia Homes Inc $300,000
Previous Owner Magnolia Homes Inc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $518,000 0.0% $173 / Sq Ft
06/03/2022 06/03/22 For Sale $518,000 +50.2% $173 / Sq Ft
11/18/2016 11/18/16 Sold $344,860 -1.5% $115 / Sq Ft
10/13/2016 10/13/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $349,995 -- $117 / Sq Ft
Source: Memphis Area Association of REALTORS®

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 $3,442 $141,700 $27,450 $114,250
2024 $3,442 $101,525 $21,150 $80,375
2023 $3,442 $101,525 $21,150 $80,375
2022 $3,442 $101,525 $21,150 $80,375
2021 $5,381 $101,525 $21,150 $80,375
2020 $3,319 $86,150 $17,550 $68,600
2019 $4,566 $86,150 $17,550 $68,600
2018 $3,489 $86,150 $17,550 $68,600
2017 $4,618 $86,150 $17,550 $68,600
2016 $2,380 $41,250 $0 $0
2014 $656 $15,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barbara Weir

    Seller's Agent in 2022

    Barbara Weir

    Coldwell Banker Collins-Maury

    (901) 412-7489

    3 in this area

    74 Total Sales

    Barbara Weir
    Section Image

  • C

    Buyer's Agent in 2022

    Cindy Ann Ward

    Blackstone Realty

    Section Image

  • B

    Seller's Agent in 2016

    Brandon Prevette

    eXp Realty

    3 in this area

    41 Total Sales

    Brandon Prevette
    Section Image

  • S

    Seller Co-Listing Agent in 2016

    Steven Owen

    Oak Grove Realty, LLC

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10125490

Memphis Area Association of REALTORS®

APN: L0-150A-D0-0099

Tennessee Shelby County Lakeland 38002 Lakeland

10040 Drop Seed Cir, Lakeland, TN

This home is located at 10040 Drop Seed Cir, Lakeland, TN 38002 since 03 June 2022 and is currently estimated at $505,062, approximately $157 per square foot. This property was built in 2016. 10040 Drop Seed Cir 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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