$105,000
SOLD JUL 9, 2015

1559 Lawton Trail Germantown, TN 38138

0.17 Acre
$617,647 Price per Acre
7,405 Sq Ft Lot

Recently Sold

9% Below List Price

223 Days on Market

About This Lot

As of September 2020

Owner has decided not to build, their loss is your gain. On West Side of Lawton Trail (does not back up to Germantown Parkway)

Last Agent to Sell the Property

Chuck House

Keller Williams License #270304

Keller Williams

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,944

Year Built

  • 2016

Lot Details

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

Location

  • City 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

Year Built

2016

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Cross Street: Germantown Pkwy
  • Location: City, Subdivision
  • MLS Map #: 861A
  • MAAR Subdivision Name: LAUREL OAKS
  • Price Per Sq Ft: 617647.06
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2016

Exterior Features

  • Road Frontage: Paved, Private

Utilities

  • Utilities: Public Water, Public Sewer

Lot Info

  • Lot Number: 6
  • Acreage: 0.17
  • Lot Size: 57 X 132
  • Price Per Acre: 676471
  • 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%
Total Days on Market
223
Current Estimated Value
$888,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,464
Avg. Annual Appreciation
6.26%
Original Mortgage
$91,900
Outstanding Balance
$52,583
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$836,447

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
$52,583
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$836,447

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%

Map

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

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
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

Source: Memphis Area Association of REALTORS®

MLS Number: 9938863

Memphis Area Association of REALTORS®

APN: G0-220J-T0-0006

Tennessee Shelby County Germantown 38138

1559 Lawton Trail, Germantown, TN

Homes for Sale in Germantown, TN

This home is located at 1559 Lawton Trail, Germantown, TN 38138 and is currently priced at $105,000. 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.

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