NOT LISTED FOR SALE

1322 Lapaloma St Memphis, TN 38114

Southeast Memphis Neighborhood

Estimated Value: $254,000 - $294,000

6 Beds
3.5 Baths
3,600-3,799 Sq Ft
$73/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $250,000 $66 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,568/month

Highlights

  • Updated Kitchen
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • 0.43 Acre Lot
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of August 2021

A quaint home situated in a serene well established community awaits the perfect savvy homebuyer. Come take a sneak peek at this beautiful lot that features open floor living areas. Plus, this gorgeous gem boosts a huge back yard that will keep you stargazing all the way through summer This one will not last! Send all offer to lakeshaleatherwood6@gmail with pre approval letter. Open House 06/19/2021

Last Agent to Sell the Property

Lakesha Lilly Leatherwood

The Home Partners Realty License #339833 Listed on: 06/18/2021

Last Buyer's Agent

James Forlines

Sowell, Realtors License #342280

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,430

Year Built

  • Built in 1942

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 110x174
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Composition Shingle Roof

Interior Spaces

  • 3,600-3,799 Sq Ft Home
  • 3,734 Sq Ft Home
  • 1.5-Story Property
  • Built-in Bookshelves
  • Separate Formal Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Updated Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom located in the basement
  • Split Bedroom Floorplan
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Storm Windows
  • Iron Doors

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Edgewood Manor S/D & Pt 2 Warfield S/D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031098 00026C

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,430

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 748B
  • MAAR Subdivision Name: EDGEWOOD MANOR
  • List Price Per Sq Ft: 63
  • Number Of Stories: 1.5
  • Price Per Sq Ft: 66.95
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3734
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Split Bedroom Plan, Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 3600-3799
  • Bedrooms: 6
  • Bedrooms Down: 4
  • Floors/Ceilings: Hardwood Throughout, Part Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Separate Breakfast Room, Pantry, Washer/Dryer Connections
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room
  • Total Bathrooms: 3.1
  • P R I M A R Y B E D R O O M: Basement, Level 1, Full Bath, Half Bath, Fireplace, Built-In Cabinets/Bkcases, Hardwood Floor, Carpet

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Well Landscaped Grounds
  • Exterior Windows: Brick Veneer, Storm Window(s)
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad, Front-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central, Electric

Lot Info

  • Lot Description: Some Trees, Level
  • Lot Number: N PT 4&
  • Acreage: 0.43
  • Lot Size: 110X174
  • Price Per Acre: 546512

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: 031098 00026C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 27, 2021
Sold by
Lodwick Cheryl L and Lodwick Daniel L
Bought by
Conley Joshua P and Heard Ava M
Seller's Agent
Lakesha Lilly Leatherwood
The Home Partners Realty
Buyer's Agent
James Forlines
Sowell, Realtors
List Price
$235,000
Sold Price
$250,000
Premium/Discount to List
$15,000
6.38%
Current Estimated Value
$276,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,281
Avg. Annual Appreciation
2.39%
Original Mortgage
$250,000
Outstanding Balance
$227,429
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$48,852

Purchase Details

Listed on
Nov 13, 2018
Closed on
Apr 11, 2019
Sold by
Hall Herbert
Bought by
Lodwick Cheryl L and Lodwick Daniel L
Seller's Agent
Beverly Hyter
KAIZEN Realty, LLC
Buyer's Agent
Amy Murrah
BHHS McLemore & Co. Realty
List Price
$155,200
Sold Price
$115,000
Premium/Discount to List
-$40,200
-25.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.96%

Purchase Details

Listed on
Apr 21, 2015
Closed on
Mar 11, 2016
Sold by
The Bank Of New York Mellon
Bought by
Hall Herbert C
Seller's Agent
Thomas Byrd
Byrd Realty Services, LLC
Buyer's Agent
Beverly Hyter
KAIZEN Realty, LLC
List Price
$80,000
Sold Price
$60,000
Premium/Discount to List
-$20,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.95%

Purchase Details

Closed on
Apr 27, 2000
Sold by
Ocwen Federal Bank Fsb
Bought by
Lesueur Franklin and Lesueur Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
8.23%

Purchase Details

Closed on
Nov 22, 1999
Sold by
Little Fred and Little Mary
Bought by
Ocwen Federal Bank Fsb

Purchase Details

Closed on
May 12, 1999
Sold by
Nia Imani Holding Company
Bought by
Little Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.04%
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
Conley Joshua P $250,000 Home Surety T&E Llc
Lodwick Cheryl L $115,000 Saddle Creek Title Llc
Hall Herbert C $60,000 None Available
Lesueur Franklin $115,000 --
The Bank Of New York Mellon $101,250 None Available
Ocwen Federal Bank Fsb $90,116 --
Little Fred $155,000 --
Nia Imani Holding Company $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conley Joshua P $250,000
Previous Owner Lesueur Franklin $92,000
Previous Owner Nia Imani Holding Company $124,000
Closed Nia Imani Holding Company $15,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2021 08/02/21 Sold $250,000 +6.4% $69 / Sq Ft
06/18/2021 06/18/21 For Sale $235,000 +104.3% $65 / Sq Ft
04/11/2019 04/11/19 Sold $115,000 -8.0% $32 / Sq Ft View Prior Sale
03/31/2019 03/31/19 Pending -- -- --
03/22/2019 03/22/19 Price Changed $125,000 -8.8% $35 / Sq Ft
03/02/2019 03/02/19 Price Changed $137,000 -2.1% $38 / Sq Ft
01/01/2019 01/01/19 Price Changed $140,000 -9.8% $39 / Sq Ft
11/13/2018 11/13/18 For Sale $155,200 +158.7% $43 / Sq Ft
03/30/2016 03/30/16 Sold $60,000 -25.0% $16 / Sq Ft View Prior Sale
02/22/2016 02/22/16 Pending -- -- --
04/21/2015 04/21/15 For Sale $80,000 -- $21 / 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 $1,430 $69,175 $11,350 $57,825
2024 $1,430 $42,175 $3,575 $38,600
2023 $2,569 $42,175 $3,575 $38,600
2022 $2,569 $42,175 $3,575 $38,600
2021 $1,455 $42,175 $3,575 $38,600
2020 $2,534 $34,975 $3,575 $31,400
2019 $1,040 $32,550 $3,575 $28,975
2018 $1,040 $32,550 $3,575 $28,975
2017 $1,065 $32,550 $3,575 $28,975
2016 $807 $18,475 $0 $0
2014 $1,559 $35,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lakesha Lilly Leatherwood

    Seller's Agent in 2021

    Lakesha Lilly Leatherwood

    The Home Partners Realty

    (901) 244-9889

    5 in this area

    133 Total Sales

    Lakesha Lilly Leatherwood
    Section Image

  • J

    Buyer's Agent in 2021

    James Forlines

    Sowell, Realtors

    (901) 515-6950

    1 in this area

    16 Total Sales

    James Forlines
    Section Image
  • Beverly Hyter

    Seller's Agent in 2019

    Beverly Hyter

    KAIZEN Realty, LLC

    (901) 219-6646

    3 in this area

    86 Total Sales

    Beverly Hyter
    Section Image
  • Amy Murrah

    Buyer's Agent in 2019

    Amy Murrah

    BHHS McLemore & Co. Realty

    (901) 461-4370

    76 Total Sales

    Amy Murrah
    Section Image

  • T

    Seller's Agent in 2016

    Thomas Byrd

    Byrd Realty Services, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10102027

Memphis Area Association of REALTORS®

APN: 03-1098-0-0026C

Tennessee Shelby County Memphis 38114 Southeast Memphis

1322 Lapaloma St, Memphis, TN

This home is located at 1322 Lapaloma St, Memphis, TN 38114 since 18 June 2021 and is currently estimated at $276,281, approximately $72 per square foot. This property was built in 1942. 1322 Lapaloma St is a home located in Shelby County with nearby schools including Hamilton High School and Immaculate Conception Cathedral School.

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