NOT LISTED FOR SALE

1111 W Lexington Cir Memphis, TN 38107

North Memphis Neighborhood

Estimated Value: $71,714 - $92,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$57/Sq Ft Est. Value

Last Sold February 27, 2019

Last sale price $31,500 $23 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $472/month

107 Days on Market

Highlights

  • Traditional Architecture
  • Attic
  • Some Wood Windows
  • Wood Flooring
  • Separate Formal Living Room
  • Porch

About This Home

As of February 2019

Corporate Owned. Brick Home. 3 Bedrooms, 2 Full Baths. Opportunity for Owner occupant or investor. Built prior to 1978 -lead based paint may potentially exist. Floor plan offers spacious living areas and larger bedrooms. Original hardwood floors in some rooms. Huge, fenced back yard. SOLD AS IS. Great Potential. SELLER WILL MAKE NO REPAIRS. CASH, CONVENTIONAL OR REHAB LOANS ONLY.

Last Agent to Sell the Property

Karla Fayne

Keller Williams License #290190 Listed on: 11/30/2018

Keller Williams

Last Buyer's Agent

Alicia Willis

Community Realty, Inc. License #241681

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $375

Year Built

  • Built in 1945

Lot Details

  • 8,712 Sq Ft Lot
  • Chain Link Fence
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1,383 Sq Ft Home
  • 1-Story Property
  • Popcorn or blown ceiling
  • Some Wood Windows
  • Separate Formal Living Room
  • Dining Room
  • Pull Down Stairs to Attic
  • Oven or Range

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Front Facing Garage

Outdoor Features

  • Porch

Utilities

  • Floor Furnace
  • Heating System Mounted To A Wall or Window

Community Details

  • Colonial Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 040029 00025

Home Details

Home Type

Single Family

Est. Annual Taxes

$375

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 742C
  • MAAR Subdivision Name: COLONIAL VILLAGE
  • List Price Per Sq Ft: 27
  • Number Of Stories: 1
  • Price Per Sq Ft: 22.78
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1383
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Additional Bedroom Bathroom Info: Full Bath Down
  • Estimated Heated Sq Ft Range: 1200-1399
  • Bedrooms: 3
  • Bedrooms Down: 3
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Textured Ceiling
  • Full Bathrooms: 2
  • Equipment: Range/Oven
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room
  • Misc Interior: Pull Down Attic Stairs
  • Other Rooms: Attic
  • Total Bathrooms: 2

Exterior Features

  • Misc Exterior: Porch, Chain Fence
  • Exterior Windows: Brick Veneer, Vinyl Siding, Wood Window(s)

Garage/Parking

  • Number Covered Parking Spaces: 1
  • Parking Display: 1
  • Parking Storage: Front-Load Garage

Utilities

  • Heating: Wall Unit, Floor Heating Strips

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: 56
  • Acreage: 0.2
  • Lot Size: 45/86.79X199.04/163
  • Price Per Acre: 190000

Multi Family

  • Number Of Rooms: 7

Tax Info

  • Assessor Parcel Number: 040029 00025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2019
Sold by
Gp Brown Lexington
Bought by
Winston Rodneka
Current Estimated Value
$79,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Outstanding Balance
$15,116
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$67,742

Purchase Details

Listed on
Nov 30, 2018
Closed on
Feb 26, 2019
Sold by
Vanderbilt Mortgage And Finance Inc
Bought by
Gp Brown Lexington
Seller's Agent
Karla Fayne
Keller Williams
Buyer's Agent
Alicia Willis
Community Realty, Inc.
List Price
$45,000
Sold Price
$31,500
Premium/Discount to List
-$13,500
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.56%

Purchase Details

Closed on
Oct 22, 2018
Sold by
Mitchell Sarah and Williams Vernese
Bought by
Vanderbilt Mortgage And Finance Inc
Source: Public Records

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Range of Values:

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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
Winston Rodneka $48,000 None Available
Gp Brown Lexington $31,500 Edco Title & Closing Svcs In
Vanderbilt Mortgage And Finance Inc $37,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winston Rodneka $17,000
Open Hagler Monice $48,000
Closed Wintson Rodneka $3,689
Previous Owner Mitchell Sarah $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2019 02/27/19 Sold $31,500 -17.1% $26 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
12/28/2018 12/28/18 Price Changed $38,000 -15.6% $32 / Sq Ft
11/05/2018 11/05/18 For Sale $45,000 -- $38 / 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 $375 $36,750 $2,250 $34,500
2024 $375 $11,050 $1,125 $9,925
2023 $673 $11,050 $1,125 $9,925
2022 $673 $11,050 $1,125 $9,925
2021 $300 $11,050 $1,125 $9,925
2020 $670 $9,250 $1,125 $8,125
2019 $296 $9,250 $1,125 $8,125
2018 $296 $9,250 $1,125 $8,125
2017 $303 $9,250 $1,125 $8,125
2016 $403 $9,225 $0 $0
2014 $403 $9,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karla Fayne

    Seller's Agent in 2019

    Karla Fayne

    Keller Williams

    (901) 335-6203

    100 Total Sales

    Karla Fayne
    Section Image

  • A

    Buyer's Agent in 2019

    Alicia Willis

    Community Realty, Inc.

    (901) 272-0130

    9 Total Sales

    Alicia Willis
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10041623

Memphis Area Association of REALTORS®

APN: 04-0029-0-0025

Tennessee Shelby County Memphis 38107 North Memphis

1111 W Lexington Cir, Memphis, TN

This home is located at 1111 W Lexington Cir, Memphis, TN 38107 since 30 November 2018 and is currently estimated at $79,179, approximately $56 per square foot. This property was built in 1945. 1111 W Lexington Cir is a home located in Shelby County with nearby schools including Vollentine Elementary School, Grandview Heights Middle, and Manassas High School.

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