NOT LISTED FOR SALE

1561 Lake Place Memphis, TN 38112

Midtown Memphis Neighborhood

Estimated Value: $482,000 - $628,000

4 Beds
3 Baths
3,798 Sq Ft
$137/Sq Ft Est. Value

About This Home

This home is located at 1561 Lake Place, Memphis, TN 38112 and is currently estimated at $520,478, approximately $137 per square foot. 1561 Lake Place is a home located in Shelby County with nearby schools including Snowden Elementary/Middle School, Central High School, and Crosstown High School.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2025
Sold by
Bought by
Current Estimated Value
$520,478

Purchase Details

Closed on
Jan 31, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Interest Rate
0.0585%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
0.0588%

Purchase Details

Closed on
Aug 13, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
0.0652%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$377,500 None Available
$285,000 --
$88,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $302,000
Previous Owner $228,000
Previous Owner $472,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,377 $125,550 $24,750 $100,800
2024 -- $118,825 $20,850 $97,975
2023 $7,238 $118,825 $20,850 $97,975
2022 $7,238 $118,825 $20,850 $97,975
2021 $7,323 $118,825 $20,850 $97,975
2020 $7,117 $98,225 $20,850 $77,375
2019 $7,117 $98,225 $20,850 $77,375
2018 $7,117 $98,225 $20,850 $77,375
2017 $4,037 $98,225 $20,850 $77,375
2016 $3,524 $80,650 $0 $0
2014 $3,524 $80,650 $0 $0
Source: Public Records

Map

Tennessee Shelby County Memphis 38104 Midtown Memphis

1561 Lake Place, Memphis, TN

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