NOT LISTED FOR SALE

12140 S Shady Tree Ln Arlington, TN 38002

Estimated Value: $469,199 - $495,000

4 Beds
3 Baths
3,000-3,199 Sq Ft
$151/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $362,000 $113 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,865/month

Highlights

  • Updated Kitchen
  • Landscaped Professionally
  • Vaulted Ceiling
  • Arlington Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of September 2020

This one owner home is tucked away in Forrest Grove surrounded by pecan trees with the neighborhood walking trail winding it's way behind. There is a common area where neighbors gather to visit, walk their dogs or watch their children play. Just steps away from Arlington's charming town square where you can enjoy all it has to offer! Both the roof and decking have been replaced this year and the outside is freshly painted in the newest shade of linen.

Last Agent to Sell the Property

Leslie Zarshenas

Crye-Leike, Inc., REALTORS License #328479 Listed on: 07/10/2020

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

John Criswell

Crye-Leike, Inc., REALTORS License #215168

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,896

Year Built

  • Built in 2002

Lot Details

  • 0.3 Acre Lot
  • Landscaped Professionally
  • Level Lot
  • Sprinklers on Timer
  • Few Trees

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Soft Contemporary Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,000-3,199 Sq Ft Home
  • 3,025 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Laundry Room
  • Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Home Security System
  • Iron Doors

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway

Outdoor Features

  • Deck

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Forrest Grove Pd Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number A0142S E00031

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,896

Year Built

Built in 2002

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Soft Contemporary
  • Detached Unit Type: General Residential
  • MLS Map #: 842B
  • MAAR Subdivision Name: FORREST GROVE
  • List Price Per Sq Ft: 120
  • Number Of Stories: 1
  • Price Per Sq Ft: 119.67
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3025
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

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: 4th or More Bedrooms, 1 Bath, Bonus 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: 3000-3199
  • Bedroom 2 Description: Shared Bath, Level 1, Smooth Ceiling, Tile Floor
  • Bedroom 3 Description: Hardwood Floor, Shared Bath, Level 2, Smooth Ceiling, Walk-In Closet
  • Bedroom 4 Description: Hardwood Floor, Shared Bath, Level 2, Smooth Ceiling, Walk-In Closet
  • Bedroom 5 Description: Carpet, Shared Bath, Level 2, Smooth Ceiling, Walk-In Closet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
  • Full Bathrooms: 3
  • Equipment: Double Oven, Cooktop, Disposal, Dishwasher
  • Living Dining Kitchen: Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry
  • Misc Interior: All Window Treatments, Walk-In Attic, Central Vacuum, Security System
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Bonus Room, Attic
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, Smooth Ceiling, Separate Shower, Tile Floor, Whirlpool Tub
  • P R I M A R Y B E D R O O M: Carpet, Full Bath, Level 1, Smooth Ceiling, Vaulted/Coffered Ceiling, Walk-In Closet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Auto Lawn Sprinkler, Deck
  • Exterior Windows: Brick Veneer
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

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

Utilities

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

Association/Amenities

  • Annual Association Fee: 600
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Professionally Landscaped
  • Lot Number: 31
  • Acreage: 0.3
  • Lot Size: 13277 SF 194.36 X 113.79
  • Price Per Acre: 1206667

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: A0142S E00031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Sep 25, 2020
Sold by
Jortner Sarah G
Bought by
Okoth Martin Rachier and Okoth Marcia Christine
Seller's Agent
Leslie Zarshenas
Crye-Leike, Inc., REALTORS
Buyer's Agent
John Criswell
Crye-Leike, Inc., REALTORS
List Price
$366,000
Sold Price
$362,000
Premium/Discount to List
-$4,000
-1.09%
Current Estimated Value
$483,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,050
Avg. Annual Appreciation
7.05%
Original Mortgage
$343,900
Outstanding Balance
$307,947
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$199,646

Purchase Details

Closed on
Oct 24, 2002
Sold by
Harrell Homebuilders Llc
Bought by
Jortner Sarah G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5%

Purchase Details

Closed on
Feb 19, 2002
Sold by
Arlington Land Developers Llc
Bought by
Harrell Homebuilders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,200
Interest Rate
7.02%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 17, 2001
Sold by
Arlington Land Developers Llc
Bought by
Wiseman Russell L and Wiseman Adina B
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
Okoth Martin Rachier $362,000 Realty Title & Escrow Co Inc
Jortner Sarah G $250,000 --
Harrell Homebuilders Llc $50,000 --
Arlington Land Developers Llc -- --
Wiseman Russell L $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okoth Martin Rachier $343,900
Previous Owner Jortner Sarah G $150,000
Previous Owner Harrell Homebuilders Llc $174,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $362,000 0.0% $121 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/18/2020 08/18/20 Price Changed $362,000 -1.1% $121 / Sq Ft
07/10/2020 07/10/20 For Sale $366,000 -- $122 / 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 $2,896 $117,125 $24,800 $92,325
2024 $5,792 $85,425 $17,475 $67,950
2023 $3,989 $85,425 $17,475 $67,950
2022 $3,989 $85,425 $17,475 $67,950
2021 $4,041 $85,425 $17,475 $67,950
2020 $3,996 $73,725 $12,450 $61,275
2019 $2,020 $73,725 $12,450 $61,275
2018 $2,986 $73,725 $12,450 $61,275
2017 $3,878 $73,725 $12,450 $61,275
2016 $3,696 $66,950 $0 $0
2014 $2,926 $66,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leslie Zarshenas

    Seller's Agent in 2020

    Leslie Zarshenas

    Crye-Leike

    (901) 230-9484

    10 in this area

    80 Total Sales

    Leslie Zarshenas
    Section Image
  • John Criswell

    Buyer's Agent in 2020

    John Criswell

    Crye-Leike

    (901) 553-7649

    30 in this area

    147 Total Sales

    John Criswell
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10080356

Memphis Area Association of REALTORS®

APN: A0-142S-E0-0031

Tennessee Shelby County Arlington 38002

12140 S Shady Tree Ln, Arlington, TN

This home is located at 12140 S Shady Tree Ln, Arlington, TN 38002 since 10 July 2020 and is currently estimated at $483,050, approximately $151 per square foot. This property was built in 2002. 12140 S Shady Tree Ln is a home located in Shelby County with nearby schools including Arlington Elementary School, Arlington Middle School, and Arlington High School.

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