NOT LISTED FOR SALE

1567 Lake Place Memphis, TN 38112

Midtown Memphis Neighborhood

Estimated Value: $538,939 - $608,000

4 Beds
3 Baths
3,400-3,599 Sq Ft
$161/Sq Ft Est. Value

Last Sold January 14, 2020

Last sale price $485,000 $135 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,436/month

Highlights

  • The property is located in a historic district
  • Traditional Architecture
  • Whirlpool Bathtub
  • Sitting Area In Primary Bedroom
  • Wood Flooring
  • 4-minute walk to Williamson Park

About This Home

As of January 2020

Lovely 4 Bedroom, 3 Bathroom home on a quiet cul-de-sac in Midtown Memphis. Great neighbors. Within walking distance to Overton Park and other amenities. Near Medical District.

Last Agent to Sell the Property

Susanne Flynn

Flynn Realty License #303511 Listed on: 11/25/2019

Last Buyer's Agent

Stephanie Taylor

Sowell, Realtors License #295151

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,371

Year Built

  • Built in 2004

Lot Details

  • 6,970 Sq Ft Lot
  • Wrought Iron Fence
  • Wood Fence
  • Brick Fence
  • Landscaped
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 3,400-3,599 Sq Ft Home
  • 3,413 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Smooth Ceilings
  • Gas Log Fireplace
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Den with Fireplace
  • Play Room
  • Storage Room
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Iron Doors

Parking

  • 2 Car Garage
  • Side Facing Garage

Utilities

  • Central Heating and Cooling System
  • Radiant Ceiling
  • Vented Exhaust Fan
  • 220 Volts
  • Satellite Dish

Additional Features

  • Porch
  • The property is located in a historic district

Community Details

  • Evergreen Place Pd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 020046 A00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,371

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 744H
  • MAAR Subdivision Name: EVERGREEN PLACE
  • List Price Per Sq Ft: 145
  • Number Of Stories: 2
  • Price Per Sq Ft: 142.1
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 3413
  • Year Built: 2004
  • 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, 1 Bath, Play Room/Rec Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Down, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Estimated Heated Sq Ft Range: 3400-3599
  • Bedroom 2 Description: Level 1, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Smooth Ceiling, Hardwood Floor
  • Bedroom 4 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Vented Gas Fireplace, In Den/Great Room, Gas Logs
  • Floors/Ceilings: Hardwood Throughout, Slate
  • Full Bathrooms: 3
  • Equipment: Range/Oven, Self Cleaning Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Satellite Dish
  • Living Dining Kitchen: Great Room, Eat-In Kitchen, Pantry, Island In Kitchen, Washer/Dryer Connections
  • Misc Interior: All Window Treatments, Cedar Lined Closet(s), Pull Down Attic Stairs, Walk-In Attic, Security System, Smoke Detector(s), Monitored Alarm, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Play Room, Entry Hall, Attic, Storage Room
  • Total Bathrooms: 3
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Walk-In Closet, Full Bath, Sitting Area, Built-In Cabinets/Bkcases, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Wrought Iron Security Drs, Porch, Historic District, Wood Fence, Sidewalks, Brick/Ironed Fence
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Side-Load Garage

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central, Ceiling Heat
  • Water Sewer: Public Water, Public Sewer

Lot Info

  • Lot Description: Level, Landscaped, Wood Fenced, Iron Fenced
  • Lot Number: 7
  • Acreage: 0.16
  • Lot Size: 7011 SF 63.58 X 109.5 (IRR)
  • Price Per Acre: 3093750

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 020046 A00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2019
Sold by
Mills David and Haushalter Alisa
Bought by
Fox Elizabeth
Current Estimated Value
$579,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2016
Closed on
Jun 1, 2016
Sold by
George E Wilson
Bought by
Mills David C
Seller's Agent
Worth Jones
Ware Jones, REALTORS
Buyer's Agent
Jimmy Reed
Marx-Bensdorf, REALTORS
List Price
$475,000
Sold Price
$455,000
Premium/Discount to List
-$20,000
-4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.60%
Original Mortgage
$364,000
Interest Rate
3.64%

Purchase Details

Closed on
Jun 30, 2006
Sold by
Mckey Beth and Mckey Luke
Bought by
Wilson George D and Wilson Bryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2004
Sold by
Hansom Brothers Partnership
Bought by
Mckey Luke and Mckey Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,800
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2003
Sold by
Evergreen Joint Venture
Bought by
Hansom Brothers Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,192,000
Interest Rate
5.98%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Fox Elizabeth $485,000 None Available
Mills David C -- --
Wilson George D $442,500 Fidelity
Mckey Luke $361,000 --
Hansom Brothers Partnership $232,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fox Elizabeth $388,000
Previous Owner Mills David C $364,000
Previous Owner Mills David C --
Previous Owner Wilson George D $354,000
Previous Owner Mckey Luke $288,800
Previous Owner Hansom Brothers Partnership $1,192,000
Closed Mckey Luke $72,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2020 01/14/20 Sold $485,000 -2.0% $143 / Sq Ft
12/11/2019 12/11/19 Pending -- -- --
11/25/2019 11/25/19 For Sale $495,000 +8.8% $146 / Sq Ft
05/16/2016 05/16/16 Sold $455,000 -4.2% $134 / Sq Ft View Prior Sale
05/02/2016 05/02/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $475,000 -- $140 / 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 $4,371 $136,025 $24,750 $111,275
2024 $4,371 $128,925 $20,850 $108,075
2023 $7,854 $128,925 $20,850 $108,075
2022 $7,854 $128,925 $20,850 $108,075
2021 $9,334 $128,925 $20,850 $108,075
2020 $8,134 $112,250 $20,850 $91,400
2019 $3,587 $112,250 $20,850 $91,400
2018 $3,588 $112,250 $20,850 $91,400
2017 $3,672 $112,250 $20,850 $91,400
2016 $4,072 $93,175 $0 $0
2014 $4,072 $93,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Susanne Flynn

    Seller's Agent in 2020

    Susanne Flynn

    Flynn Realty

    (615) 364-0948

    2 in this area

    693 Total Sales

    Susanne Flynn
    Section Image
  • Stephanie Taylor

    Buyer's Agent in 2020

    Stephanie Taylor

    Sowell, Realtors

    (901) 487-7452

    14 in this area

    145 Total Sales

    Stephanie Taylor
    Section Image
  • Worth Jones

    Seller's Agent in 2016

    Worth Jones

    Ware Jones, REALTORS

    (901) 289-1890

    6 in this area

    154 Total Sales

    Worth Jones
    Section Image
  • Jimmy Reed

    Buyer's Agent in 2016

    Jimmy Reed

    Marx-Bensdorf, REALTORS

    (901) 461-1868

    134 Total Sales

    Jimmy Reed
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10066661

Memphis Area Association of REALTORS®

APN: 02-0046-A0-0007

Tennessee Shelby County Memphis 38104 Midtown Memphis

1567 Lake Place, Memphis, TN

This home is located at 1567 Lake Place, Memphis, TN 38112 since 25 November 2019 and is currently estimated at $579,485, approximately $161 per square foot. This property was built in 2004. 1567 Lake Place is a home located in Shelby County with nearby schools including Snowden Elementary/Middle School, Central High School, and Crosstown High School.

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