$499,000

10040 Dropseed Cir Lakeland, TN 38002

Lakeland Neighborhood

Estimated payment $2,994/month

Total Views 724
4 Beds
3.5 Baths
3,000-3,199 Sq Ft
$156 Price per Sq Ft

Highlights

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

About This Home

Magnolia Homes Model Built in 2016! This updated 4-bedroom, 3.5-bath home features brand-new hardwood floors throughout and a fully renovated kitchen with a large center island, gas cooktop, and dual self-cleaning ovens—perfect for everyday living and entertaining. Step outside to enjoy a newly covered backyard patio, ideal for relaxing or hosting guests. Just a short stroll to the neighborhood pool and conveniently located near The Lake District, where you'll find a vibrant mix of shopping, dining, and entertainment in a walkable setting. A seamless blend of modern upgrades and timeless craftsmanship—this home has it all! This property may qualify for Seller Financing (Vendee)

Listing Agent

Haider Tiwana

KAIZEN Realty, LLC License #357497 Listed on: 06/17/2025

KAIZEN Realty, LLC

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
  • Landscaped
  • Level Lot
  • Few Trees

HOA Fees

  • $58 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 3,174 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Great Room
  • Dining Room
  • Permanent Attic Stairs
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Garage
  • Rear-Facing Garage

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number L0150A D00099

Community Details

Overview

  • Winstead Farms Subdivision
  • Property managed by EZR Management
  • Mandatory home owners association
  • The community has rules related to allowing corporate owners

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,442

Year Built

Built in 2016

Lot Details

0

HOA Fees

$58 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
  • Corporate Own: Yes
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3174
  • Year Built: 2016
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down
  • Estimated Heated Sq Ft Range: 3000-3199
  • Bedroom 2 Description: Level 1
  • Bedroom 3 Description: Level 2
  • Bedroom 4 Description: Level 2
  • Bedroom 5 Description: Level 2
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Floors/Ceilings: Wood Laminate Floors, Part Carpet, Smooth Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Walk-In Closet(s), Permanent Attic Stairs, Walk-In Attic, Smoke Detector(s)
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Attic
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Covered Patio
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Pool Description: Neighborhood
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Back-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central, Gas
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 700
  • Management Company: EZR Management
  • Neighborhood Amenities: Pool
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Landscaped
  • Lot Number: 99
  • Acreage: 0.15
  • Lot Size: 57.03 X 115.01
  • Price Per Acre: 3326667
  • Geo Subdivision: TN

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: L0150A D00099

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 For Sale $499,000 -- $166 / Sq Ft
Source: Memphis Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Servicelink
Trustee Deed $447,146 None Listed On Document
Warranty Deed $518,000 Edco Title & Closing Services
Warranty Deed $344,060 None Available
Warranty Deed $76,500 Delta Title Services Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $529,914 VA
Previous Owner $190,000 New Conventional
Previous Owner $300,000 Purchase Money Mortgage
Previous Owner $300,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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See All Homes in Lakeland

Source: Memphis Area Association of REALTORS®

MLS Number: 10199231

Memphis Area Association of REALTORS®

APN: L0-150A-D0-0099

Tennessee Shelby County Lakeland 38002 Lakeland

10040 Dropseed Cir, Lakeland, TN

This home is located at 10040 Dropseed Cir, Lakeland, TN 38002 and is currently priced at $499,000, approximately $155 per square foot. This property was built in 2016. 10040 Dropseed 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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Nearby Homes
Haider Tiwana
Listing Agent
Haider Tiwana
Section Image
KAIZEN Realty, LLC
(901) 641-1097