NOT LISTED FOR SALE

138 Magnolia Dr Memphis, TN 38117

East Memphis Neighborhood

Estimated Value: $581,000 - $736,000

5 Beds
3 Baths
3,200-3,399 Sq Ft
$185/Sq Ft Est. Value

Last Sold July 25, 2019

Last sale price $468,500 $138 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,632/month

32 Days on Market

Highlights

  • Updated Kitchen
  • Deck
  • Traditional Architecture
  • White Station High Rated A
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of July 2019

This is what you have waited for!! Wonderful home in sought after location. 5BR/3ba home with master down. Updated kitchen features SS appliances, gas cooking, granite counter tops. Separate LR/DR. Large great room with FP, bookcases and French doors leading to deck and private yard. 2BR/1b up. Upstairs also features playroom and office. Perfect in every way!!! Hurry! This won't last! Showings start Wednesday, May 29 at 12 noon.

Last Agent to Sell the Property

Lynda Baddour

Ware Jones, REALTORS License #300143 Listed on: 05/28/2019

Ware Jones, REALTORS

Last Buyer's Agent

Felix Bishop

Crye-Leike, Inc., REALTORS License #256236

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 8,276 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 3,200-3,399 Sq Ft Home
  • 3,179 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Some Wood Windows
  • Double Pane Windows
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den with Fireplace
  • Loft
  • Bonus Room
  • Play Room
  • Storage Room
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms

Attic

  • Attic Access Panel
  • Permanent Attic Stairs

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Magnolia Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 055011 00022

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Goodlett
  • MAAR Subdivision Name: PIDGEON ESTATES
  • List Price Per Sq Ft: 151
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3179
  • Year Built: 1951
  • 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: 3200-3399
  • Bedroom 2 Description: Level 1, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Carpet
  • Bedroom 4 Description: Level 2, Carpet
  • Bedrooms: 5
  • Bedrooms Down: 2
  • Fireplace: In Living Room, In Den/Great Room
  • Floors/Ceilings: Hardwood Throughout, Part Carpet, Tile, Smooth Ceiling
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Cable Wired
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Great Room, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry
  • Misc Interior: Walk-In Closet(s), Permanent Attic Stairs, Attic Access, Walk-In Attic
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Play Room, Bonus Room, Office/Sewing Room, Entry Hall, Loft/Balcony, Attic, Storage Room
  • Primary Bathroom Description: Tile Floor
  • P R I M A R Y B E D R O O M: Level 1, Walk-In Closet, Full Bath, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Porch, Deck
  • Exterior Windows: Brick Veneer, Wood Window(s), Double Pane Window(s)
  • Foundation: Slab, Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Detached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2D
  • Parking Storage: Driveway/Pad, Storage Room(s), Garage Door Opener(s), Front-Load Garage

Utilities

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

Lot Info

  • Lot Description: Some Trees, Landscaped, Wood Fenced
  • Lot Number: 60
  • Acreage: 0.19
  • Lot Size: .19

Tax Info

  • Assessor Parcel Number: 055011 00022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2019
Closed on
Jul 25, 2019
Sold by
Vance Mcmullen Danielle Lee and Mcmullen Patrick Daniel
Bought by
Lamey Aaron and Lamey Christine
Seller's Agent
Lynda Baddour
Ware Jones, REALTORS
Buyer's Agent
Felix Bishop
Crye-Leike, Inc., REALTORS
List Price
$499,000
Sold Price
$468,500
Premium/Discount to List
-$30,500
-6.11%
Current Estimated Value
$629,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,672
Avg. Annual Appreciation
4.68%
Original Mortgage
$468,500
Outstanding Balance
$409,566
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$219,606

Purchase Details

Listed on
May 8, 2017
Closed on
Jul 20, 2017
Sold by
Hamner Michael and Hamner Samantha Marek
Bought by
Vance Mcmullen Danielle Lee and Mcmullen Patrick Daniel
Seller's Agent
Katherine Nichols Cook
Marx-Bensdorf, REALTORS
Buyer's Agent
Lynda Baddour
Ware Jones, REALTORS
List Price
$425,000
Sold Price
$435,113
Premium/Discount to List
$10,113
2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%
Original Mortgage
$348,090
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2003
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hamner Michael and Marek Samantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2003
Sold by
Sitton Joann
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1999
Sold by
Mary Starnes Shop Llc
Bought by
Sitton Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
6.94%

Purchase Details

Closed on
Sep 28, 1998
Sold by
Magnus Melanie A
Bought by
Mary Starnes Shop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.96%

Purchase Details

Closed on
Oct 18, 1994
Bought by
Magnus Melanie A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lamey Aaron $468,500 None Available
Vance Mcmullen Danielle Lee $435,113 None Available
Hamner Michael $180,000 Associates Closing & Title
Federal Home Loan Mortgage Corporation $183,078 --
Sitton Joann $190,000 --
Sitton Joann $190,000 --
Mary Starnes Shop Llc $120,000 Mid America Title Agency Inc
Mary Starnes Shop Llc $120,000 Mid America Title Agency Inc
Magnus Melanie A $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamey Aaron $468,500
Previous Owner Vance Mcmullen Danielle Lee $348,090
Previous Owner Hamner Michael $144,000
Previous Owner Sitton Joann $178,000
Previous Owner Mary Starnes Shop Llc $114,000
Closed Hamner Michael $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2019 07/25/19 Sold $468,500 -2.2% $146 / Sq Ft
06/25/2019 06/25/19 Price Changed $479,000 -1.2% $150 / Sq Ft
06/09/2019 06/09/19 Price Changed $485,000 -2.8% $152 / Sq Ft
05/28/2019 05/28/19 For Sale $499,000 +14.7% $156 / Sq Ft
07/21/2017 07/21/17 Sold $435,113 +2.4% $136 / Sq Ft View Prior Sale
06/07/2017 06/07/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $425,000 -- $133 / 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 $4,146 $147,375 $23,625 $123,750
2024 $4,146 $122,300 $23,625 $98,675
2023 $7,450 $122,300 $23,625 $98,675
2022 $7,450 $122,300 $23,625 $98,675
2021 $4,219 $122,300 $23,625 $98,675
2020 $7,708 $106,375 $23,625 $82,750
2019 $3,400 $106,375 $23,625 $82,750
2018 $3,400 $106,375 $23,625 $82,750
2017 $2,642 $80,750 $23,625 $57,125
2016 $3,179 $72,750 $0 $0
2014 $3,179 $72,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lynda Baddour

    Seller's Agent in 2019

    Lynda Baddour

    Ware Jones, REALTORS

    (901) 481-0843

    33 in this area

    173 Total Sales

    Lynda Baddour
    Section Image
  • Felix Bishop

    Buyer's Agent in 2019

    Felix Bishop

    Crye-Leike, Inc., REALTORS

    (901) 486-6082

    14 in this area

    78 Total Sales

    Felix Bishop
    Section Image
  • Katherine Nichols Cook

    Seller's Agent in 2017

    Katherine Nichols Cook

    Marx-Bensdorf, REALTORS

    (901) 628-3065

    20 in this area

    78 Total Sales

    Katherine Nichols Cook
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10053599

Memphis Area Association of REALTORS®

APN: 05-5011-0-0022

Tennessee Shelby County Memphis 38117 East Memphis

138 Magnolia Dr, Memphis, TN

Not Listed for Sale

Detached

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