NOT LISTED FOR SALE

10055 Drop Seed Dr Lakeland, TN 38002

Estimated Value: $493,860 - $570,000

4 Beds
3 Baths
2,800-2,999 Sq Ft
$179/Sq Ft Est. Value

Last Sold March 24, 2016

Last sale price $314,999 $105 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,163/month

Highlights

  • Newly Remodeled
  • Vaulted Ceiling
  • Wood Flooring
  • Lakeland Elementary School Rated A
  • French Architecture
  • Main Floor Primary Bedroom

About This Home

As of March 2016

Luxury living at its best here in Winstead Farms of Lakeland, TN! This neighborhood is FULL of must see, one of a kind homes! From the timeless elevations, amazing amenities, and overall elegance of the neighborhood! Take your very own personal tour through this magnificent photo library! If you have any questions, feel free to call or stop by today for your personal appointment! We can't wait to see you!

Last Agent to Sell the Property

Ryan Arthur

Oak Grove Realty, LLC License #325960 Listed on: 04/08/2015

Co-Listed By

Taylor Boliek

Oak Grove Realty, LLC License #333318

Last Buyer's Agent

Ryan Arthur

Oak Grove Realty, LLC License #325960 Listed on: 04/08/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 57.11 x 116.71
  • Level Lot

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • French Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2,800-2,999 Sq Ft Home
  • 2,850 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Aluminum Window Frames
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Breakfast Room
  • Den
  • Loft
  • Bonus Room
  • Play Room
  • Laundry Room
  • Attic

Kitchen

  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number L0150A D00107

Community Details

Overview

  • Winstead Farms Subdivision
  • Mandatory home owners association

Recreation

  • Community Pool

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: French
  • Detached Unit Type: General Residential
  • MLS Map #: 831B
  • MAAR Subdivision Name: WINSTEAD FARMS
  • List Price Per Sq Ft: 111
  • Number Of Stories: 2
  • Price Per Sq Ft: 110.53
  • Prop Construction Status: New Construction (Never Occupied)
  • Estimated Sq Ft: 2850
  • Year Built: 2015
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Breakfast Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 1 Bath, Play Room/Rec Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 2800-2999
  • Bedroom 2 Description: Level 1, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Ventless Gas Fireplace, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 3
  • Equipment: Self Cleaning Oven, Double Oven, Gas Cooking, Disposal, Microwave, Cable Wired
  • Living Dining Kitchen: Great Room, LR/DR Combination, Pantry, Island In Kitchen
  • Misc Interior: Walk-In Closet(s), Walk-In Attic, Mud Room, Security System, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Entry Hall, Loft/Balcony
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Vaulted/Coffered Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Vaulted/Coffered Ceiling, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Porch, Patio, Sidewalks
  • Exterior Windows: Brick Veneer, Aluminum Window(s), Double Pane Window(s)
  • Foundation: Slab
  • Pool Description: Neighborhood
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Garage Door Opener(s), Back-Load Garage

Utilities

  • Cooling: Central, Ceiling Fan(s)
  • Heating: Central
  • Security: Burglar Alarm, Fire Alarm, Smoke Detector(s)
  • Water Sewer: 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

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

Lot Info

  • Lot Description: Level
  • Lot Number: 107
  • Acreage: 0.13
  • Lot Size: 57.11 X 116.71
  • Price Per Acre: 2423069

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: L0150A D00107

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2015
Closed on
Mar 24, 2016
Sold by
Magnolia Homes Inc
Bought by
Summons William D and Summons Pamela C
Seller's Agent
Ryan Arthur
Oak Grove Realty, LLC
Buyer's Agent
Ryan Arthur
Oak Grove Realty, LLC
List Price
$334,999
Sold Price
$314,999
Premium/Discount to List
-$20,000
-5.97%
Current Estimated Value
$535,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,966
Avg. Annual Appreciation
5.78%

Purchase Details

Closed on
Sep 22, 2014
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
$319,912
Interest Rate
4.2%
Mortgage Type
Construction
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
Summons William D $314,999 None Available
Magnolia Homes Inc $76,500 Delta Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magnolia Homes Inc $319,912
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2016 03/24/16 Sold $314,999 -6.0% $112 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
04/08/2015 04/08/15 For Sale $334,999 -- $120 / 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 -- $125,525 $27,450 $98,075
2024 -- $90,875 $21,150 $69,725
2023 $3,081 $90,875 $21,150 $69,725
2022 $3,081 $90,875 $21,150 $69,725
2021 $3,135 $90,875 $21,150 $69,725
2020 $3,196 $78,925 $17,550 $61,375
2019 $3,196 $78,925 $17,550 $61,375
2018 $4,183 $78,925 $17,550 $61,375
2017 $4,230 $78,925 $17,550 $61,375
2016 $4,240 $73,475 $0 $0
2014 $656 $15,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Ryan Arthur

    Oak Grove Realty, LLC

    Section Image

  • T

    Seller Co-Listing Agent in 2016

    Taylor Boliek

    Oak Grove Realty, LLC

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9949016

Memphis Area Association of REALTORS®

APN: L0-150A-D0-0107

Tennessee Shelby County Lakeland 38002

10055 Drop Seed Dr, Lakeland, TN

This home is located at 10055 Drop Seed Dr, Lakeland, TN 38002 since 08 April 2015 and is currently estimated at $535,965, approximately $178 per square foot. This property was built in 2015. 10055 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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