NOT LISTED FOR SALE

111 Lake Trail Loop Selmer, TN 38375

Estimated Value: $238,000 - $268,000

3 Beds
2 Baths
1,600-1,799 Sq Ft
$140/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $169,000 $94 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,321/month

Highlights

  • 2 Acre Lot
  • Traditional Architecture
  • Whirlpool Bathtub
  • Vaulted Ceiling
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of June 2018

This home is located at 111 Lake Trail Loop, Selmer, TN 38375 since 08 May 2018 and is currently estimated at $252,185, approximately $157 per square foot. This property was built in 2010. 111 Lake Trail Loop is a home located in McNairy County with nearby schools including Selmer Elementary School, Bethel Springs Elementary School, and Ramer Elementary School.

Last Agent to Sell the Property

Brooke Redmon Benton

Action Realty License #301391 Listed on: 05/08/2018

Last Buyer's Agent

Brooke Redmon Benton

Action Realty License #301391 Listed on: 05/08/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $729

Year Built

  • Built in 2010

Lot Details

  • 2 Acre Lot
  • Wood Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof
  • Vinyl Siding
  • Pier And Beam

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,626 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Storage Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • Central Hills Subdivision
  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$729

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 6950
  • MAAR Subdivision Name: Central Hills
  • List Price Per Sq Ft: 104
  • Number Of Stories: 1
  • Price Per Sq Ft: 103.94
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1626
  • Year Built: 2010
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Vaulted/Coffered Primary, Split Bedroom Plan, Double Vanity Bath, Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedroom 2 Description: Level 1, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Fireplace: Ventless Gas Fireplace, In Living Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Satellite Dish
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Breakfast Bar, Pantry
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Storage Room
  • Total Bathrooms: 2
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Dressing Area, 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, Vaulted/Coffered Ceiling, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Covered Patio, Wood Fence
  • Exterior Windows: Vinyl Siding
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Number Covered Parking Spaces: 2
  • Parking Display: 2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s)

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Burglar Alarm, Fire Alarm, Smoke Detector(s), Dead Bolt Lock(s)
  • Water Sewer: Electric Water Heater, Public Water, Septic Tank

Lot Info

  • Lot Description: Some Trees, Level
  • Acreage: 2
  • Lot Size: 2
  • Price Per Acre: 84950

Multi Family

  • Number Of Rooms: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2018
Closed on
Jun 15, 2018
Sold by
Ward Justin
Bought by
Simmons Herman Bernard and Simmons Carolyn
Seller's Agent
Brooke Redmon Benton
Action Realty
Buyer's Agent
Brooke Redmon Benton
Action Realty
List Price
$169,900
Sold Price
$169,000
Premium/Discount to List
-$900
-0.53%
Current Estimated Value
$237,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,456
Avg. Annual Appreciation
6.58%
Original Mortgage
$165,938
Outstanding Balance
$145,309
Interest Rate
4.6%
Mortgage Type
FHA
Estimated Equity
$121,185

Purchase Details

Listed on
Nov 15, 2015
Closed on
Jan 13, 2016
Sold by
Benton Shannon Brooke
Bought by
Ward Justin and Ward Brittany L
Seller's Agent
Brooke Redmon Benton
Action Realty
Buyer's Agent
Brooke Redmon Benton
Action Realty
List Price
$159,900
Sold Price
$158,250
Premium/Discount to List
-$1,650
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%
Original Mortgage
$162,048
Interest Rate
3.99%
Mortgage Type
VA

Purchase Details

Listed on
Oct 22, 2014
Closed on
Mar 10, 2015
Sold by
Carrithers Dewitt M
Bought by
Benton Shannon Brooke
Seller's Agent
Judy McLean
Farm & Home Realty
Buyer's Agent
Brooke Redmon Benton
Action Realty
List Price
$155,000
Sold Price
$120,000
Premium/Discount to List
-$35,000
-22.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.01%
Original Mortgage
$105,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2011
Sold by
Carter Premier Homes Inc
Bought by
Carrithers Dewitt M

Purchase Details

Closed on
Mar 5, 2010
Sold by
Timber Carter
Bought by
Carter Premier Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,873
Interest Rate
4.97%
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
Simmons Herman Bernard $169,000 --
Ward Justin $158,250 --
Benton Shannon Brooke $120,000 --
Carrithers Dewitt M $72,500 --
Carter Premier Homes Llc $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons Herman Bernard $165,938
Previous Owner Ward Justin $162,048
Previous Owner Benton Shannon Brooke $105,000
Previous Owner Carrithers Dewitt M $200,000
Previous Owner Carter Premier Homes Llc $117,873
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $169,000 -0.5% $106 / Sq Ft
05/08/2018 05/08/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $169,900 +7.4% $106 / Sq Ft
01/13/2016 01/13/16 Sold $158,250 -1.0% $99 / Sq Ft
11/16/2015 11/16/15 Pending -- -- --
11/15/2015 11/15/15 For Sale $159,900 +33.3% $100 / Sq Ft
03/11/2015 03/11/15 Sold $120,000 -22.6% $75 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
10/22/2014 10/22/14 For Sale $155,000 -- $97 / 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
2024 $729 $46,200 $2,250 $43,950
2023 $729 $46,200 $2,250 $43,950
2022 $729 $46,200 $2,250 $43,950
2021 $671 $32,800 $2,025 $30,775
2020 $671 $32,800 $2,025 $30,775
2019 $671 $32,800 $2,025 $30,775
2018 $671 $32,800 $2,025 $30,775
2017 $671 $32,800 $2,025 $30,775
2016 $658 $32,800 $2,025 $30,775
2015 $686 $32,800 $2,025 $30,775
2014 $666 $31,875 $2,075 $29,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10026597

Memphis Area Association of REALTORS®

APN: 090O-A-040.00