$85,000
SOLD MAR 31, 2014

1559 Lawton Trail Germantown, TN 38138

0.17 Acre
$500,000 Price per Acre
7,405 Sq Ft Lot

Recently Sold

11% Below List Price

About This Lot

As of September 2020

This is only for the Lot 6.

Last Agent to Sell the Property

Saeed Nia

Crye-Leike Commercial License #262340 Listed on: 01/01/2012

Crye-Leike Commercial

Last Buyer's Agent

Christine Lundy

Key Connect Group, LLC License #280316

Key Connect Group, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,944

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 57 x 132
  • Property fronts a private road
  • Level Lot

Community Details

  • Laurel Oaks P.U.D. Final Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number G0220J T00006

Property Details

Property Type

Land

Est. Annual Taxes

$5,944

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: City, Subdivision
  • MLS Map #: 861A
  • MAAR Subdivision Name: LAUREL OAKS
  • Price Per Sq Ft: 500000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Private

Utilities

  • Utilities: Public Water, Public Sewer

Lot Info

  • Lot Number: 6
  • Acreage: 0.17
  • Lot Size: 57 X 132
  • Price Per Acre: 558824
  • Zoning: RES
  • Present Usage: None/Vacant
  • Shape: Regular
  • Topographic Feature: Level
  • Zoning Of Adjacent Area: Single Family

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
$911,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,576
Avg. Annual Appreciation
6.16%
Original Mortgage
$91,900
Outstanding Balance
$51,807
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$849,255

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
$849,255

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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Average Value
Not Available
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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $670,000 Realty Title
Warranty Deed $105,000 Tri State Title & Escrow Inc
Warranty Deed $85,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $91,900 Commercial
Open $510,400 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $417,000 New Conventional
Previous Owner $405,000 Construction
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

    8 in this area

    38 Total Sales

    Mary Johnson
    Section Image
  • Jeremy Veldman

    Buyer's Agent in 2020

    Jeremy Veldman

    KAIZEN Realty, LLC

    (901) 221-4041

    2 in this area

    213 Total Sales

    Jeremy Veldman
    Section Image
  • Chuck House

    Seller's Agent in 2015

    Chuck House

    Keller Williams

    (901) 461-6900

    48 in this area

    320 Total Sales

    Chuck House
    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

    74 Total Sales

    Saeed Nia
    Section Image
  • Christine Lundy

    Buyer's Agent in 2014

    Christine Lundy

    Key Connect Group, LLC

    (901) 340-9178

    101 Total Sales

    Christine Lundy
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3293298

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 and is currently priced at $85,000. 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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