NOT LISTED FOR SALE

1559 Lawton Trail Germantown, TN 38138

Estimated Value: $863,000 - $972,000

4 Beds
5 Baths
4,500-4,999 Sq Ft
$180/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $670,000 $134 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,520/month

145 Days on Market

Highlights

  • Home Theater
  • Sitting Area In Primary Bedroom
  • Traditional Architecture
  • Riverdale Elementary School Rated A
  • Landscaped Professionally
  • Wood Flooring

About This Home

As of September 2020

Builder's personal custom home (built 2016) offering an upscale yet relaxed atmosphere, exceptional quality, low maintenance, & energy efficiency. 4 BRs (Master & 2nd BR down), 2.5 baths down, 2 BRs & 1.5 baths up plus media & game room. Open floor plan & private outdoor living area - perfect for entertaining. Walk to local parks, restaurants, & shopping! Impossible to describe all of the special features - a must see! Avg. MLGW bill $200/month. Owner will pay $10,000 for buyer's closing costs.

Last Agent to Sell the Property

Mary Johnson

Adaro Realty, Inc. License #336045 Listed on: 04/16/2020

Adaro Realty, Inc.

Last Buyer's Agent

Jeremy Veldman

KAIZEN Realty, LLC License #327507

KAIZEN Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,944

Year Built

  • Built in 2016

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 57 x 132
  • Wood Fence
  • Landscaped Professionally
  • Level Lot
  • Sprinklers on Timer

HOA Fees

  • $63 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 4,500-4,999 Sq Ft Home
  • 4,998 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Smooth Ceilings
  • Ceiling height of 9 feet or more
  • Gas Log Fireplace
  • Some Wood Windows
  • Window Treatments
  • Mud Room
  • Great Room
  • Dining Room
  • Home Theater
  • Den with Fireplace
  • Play Room
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • Sitting Area In Primary Bedroom
  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Permanent Attic Stairs

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Community Details

  • Laurel Oaks P.U.D. Final Plat Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number G0220J T00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,944

Year Built

Built in 2016

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 861A
  • MAAR Subdivision Name: LAUREL OAKS
  • List Price Per Sq Ft: 136
  • Number Of Stories: 2
  • Price Per Sq Ft: 134.05
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4998
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room
  • Second Story Floor Plan: 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room, Media Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down
  • Estimated Heated Sq Ft Range: 4500-4999
  • Bedroom 2 Description: Level 1, Private Full Bath
  • Bedroom 3 Description: Level 2, Walk-In Closet, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Ventless Gas Fireplace, In Den/Great Room, Gas Starter, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Concrete Floor, Smooth Ceiling, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Equipment: Range/Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Wired
  • Living Dining Kitchen: Great Room, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Permanent Attic Stairs, Attic Access, Walk-In Attic, Mud Room, Security System, Smoke Detector(s), Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Play Room, Media Room
  • Total Bathrooms: 3.2
  • Primary Bathroom Description: Double Sinks, Separate Shower, 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, Sitting Area, Smooth Ceiling

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Auto Lawn Sprinkler, Screen Porch
  • Exterior Windows: Brick Veneer, Stone, Wood Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Driveway/Pad, Workshop(s), Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Annual Association Fee: 750
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Professionally Landscaped, Wood Fenced
  • Lot Number: 6
  • Acreage: 0.17
  • Lot Size: 57 X 132
  • Price Per Acre: 3997647

Multi Family

  • Number Of Rooms: 9

Tax Info

  • Assessor Parcel Number: G0220J T00006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2020
Closed on
Nov 2, 2020
Sold by
Leung Benny K
Bought by
Leung Benny K and Leung Kelly
Seller's Agent
Mary Johnson
Adaro Realty, Inc.
Buyer's Agent
Jeremy Veldman
KAIZEN Realty, LLC
List Price
$679,900
Sold Price
$670,000
Premium/Discount to List
-$9,900
-1.46%
Current Estimated Value
$906,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,353
Avg. Annual Appreciation
6.14%
Original Mortgage
$91,900
Outstanding Balance
$51,807
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$843,799

Purchase Details

Listed on
Apr 16, 2020
Closed on
Sep 30, 2020
Sold by
Poston Alex R and Poston Nicole S
Bought by
Leung Benny
Seller's Agent
Mary Johnson
Adaro Realty, Inc.
Buyer's Agent
Jeremy Veldman
KAIZEN Realty, LLC
List Price
$679,900
Sold Price
$670,000
Premium/Discount to List
-$9,900
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,900
Outstanding Balance
$51,807
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$843,799

Purchase Details

Listed on
Oct 23, 2014
Closed on
Jul 9, 2015
Sold by
Story Mark A
Bought by
Poston Alex R and Poston Nicole S
Seller's Agent
Chuck House
Keller Williams
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$115,000
Sold Price
$105,000
Premium/Discount to List
-$10,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.53%
Original Mortgage
$405,000
Interest Rate
4.08%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 1, 2012
Closed on
Mar 31, 2014
Sold by
Mtm Builders Inc
Bought by
Story Mark A
Seller's Agent
Saeed Nia
Crye-Leike Commercial
Buyer's Agent
Christine Lundy
Key Connect Group, LLC
List Price
$95,000
Sold Price
$85,000
Premium/Discount to List
-$10,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.10%
Source: Public Records

Range of Values:

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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
Leung Benny K -- None Available
Leung Benny $670,000 Realty Title
Poston Alex R $105,000 Tri State Title & Escrow Inc
Story Mark A $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leung Benny $91,900
Open Leung Benny $510,400
Previous Owner Poston Alex R $500,000
Previous Owner Poston Alex R $417,000
Previous Owner Poston Alex R $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $670,000 -1.4% $149 / Sq Ft
08/18/2020 08/18/20 Price Changed $679,600 0.0% $151 / Sq Ft
07/01/2020 07/01/20 Price Changed $679,700 0.0% $151 / Sq Ft
05/14/2020 05/14/20 Price Changed $679,800 0.0% $151 / Sq Ft
04/16/2020 04/16/20 For Sale $679,900 +547.5% $151 / Sq Ft
07/09/2015 07/09/15 Sold $105,000 -8.7% --
06/03/2015 06/03/15 Pending -- -- --
10/23/2014 10/23/14 For Sale $115,000 +35.3% --
03/31/2014 03/31/14 Sold $85,000 -10.5% --
03/25/2014 03/25/14 Pending -- -- --
01/01/2012 01/01/12 For Sale $95,000 -- --
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 $5,944 $212,775 $35,825 $176,950
2024 $5,944 $175,350 $28,650 $146,700
2023 $9,168 $175,350 $28,650 $146,700
2022 $8,878 $175,350 $28,650 $146,700
2021 $9,118 $175,350 $28,650 $146,700
2020 $7,677 $127,950 $28,650 $99,300
2019 $5,182 $127,950 $28,650 $99,300
2018 $5,182 $127,950 $28,650 $99,300
2017 $8,371 $137,675 $28,650 $109,025
2016 $2,113 $48,350 $0 $0
2014 $940 $21,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Johnson

    Seller's Agent in 2020

    Mary Johnson

    Adaro Realty, Inc.

    (901) 218-7447

    9 in this area

    40 Total Sales

    Section Image
  • Jeremy Veldman

    Buyer's Agent in 2020

    Jeremy Veldman

    KAIZEN Realty, LLC

    (901) 221-4041

    2 in this area

    216 Total Sales

    Section Image
  • Chuck House

    Seller's Agent in 2015

    Chuck House

    Keller Williams

    (901) 461-6900

    48 in this area

    322 Total Sales

    Section Image

  • N

    Buyer's Agent in 2015

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

  • Saeed Nia

    Seller's Agent in 2014

    Saeed Nia

    Crye-Leike

    (901) 337-1020

    5 in this area

    77 Total Sales

    Section Image
  • Christine Lundy

    Buyer's Agent in 2014

    Christine Lundy

    Key Connect Group, LLC

    (901) 340-9178

    104 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10074752

Memphis Area Association of REALTORS®

APN: G0-220J-T0-0006

Tennessee Shelby County Germantown 38138

1559 Lawton Trail, Germantown, TN

This home is located at 1559 Lawton Trail, Germantown, TN 38138 since 16 April 2020 and is currently estimated at $901,062, approximately $180 per square foot. This property was built in 2016. 1559 Lawton Trail is a home located in Shelby County with nearby schools including Riverdale Elementary School, Houston High School, and Our Lady of Perpetual Help Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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